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Strategizing Accounts Receivable To Drive Accounts Payable Modernization

PYMNTS

Increasingly, FinTechs and the businesses they serve are pulling double duty with solutions that tackle both accounts receivable and accounts payable friction for each end of the B2B transaction. Digitizing and modernizing B2B payments cannot be a one-sided effort. Wells Fargo, Bill.com Pull Double Duty With Partnership.

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Why Accounts Payable Is The ‘Lost Child’ Of Finance

PYMNTS

So it is with accounts payable (AP), as Chen Amit, CEO of Tipalti , told PYMNTS in a recent interview. Accounts payable is the ‘lost child’ hidden in business workflows,” said the executive. “I Of accounts payable in general, he said, “it’s a cumbersome process. Cash management becomes less art than science.

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AP Automation: The Three ‘P’s’ Of Standing Out In The Crowd

PYMNTS

With B2B payments being an increasingly attractive target for innovators, the landscape is growing crowded as more banks and FinTechs roll out their accounts payable (AP) automation solutions. The competition is undoubtedly heating up. Finally, addressing the unique pain points of each client is paramount to customer success.

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Easing The Online Shift With Integrated Invoicing

PYMNTS

The company has connected its SecurePay payment gateway solution within the accounting platform, allowing for SMBs to generate invoices and receive payment without having to leave QuickBooks. For The OLB Group, that meant the recently announced integration of billing and payment gateway functionality within QuickBooks.

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Rewriting The Future Of Supply Chain Success

PYMNTS

These takeaways include increasing communication with clients, such as by expanding call center hours and providing more intensive support over the phone. One cleaning supply distributor said it is drawing on lessons learned during previous public health crises, including the 2009 H1N1 and 2016 Zika outbreaks.

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Why Cash Management Is Driving Corporate?s Digital Payments Transformation

PYMNTS

Now that businesses have gotten a taste of what it means to automate workflows like invoicing, accounts receivable (AR) and cash management, they’re likely never turning back. But for accountants and AR departments, this integration strategy can go even further. Noticeable Change. Interconnected Finances.

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Cannabis Shows Early Signs Of Late Supplier Payments Struggle

PYMNTS

Many legal cannabis businesses continue to rely on cash, paper and offline methods of communication to conduct operations without access to traditional financial services. However, the regulatory pressures of the marijuana business can also mean the opposite. An Emerging Late Payments Problem.

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