Remove Accounting Remove Accounts Payable Remove Compliance Remove Healthcare
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The Economic – And Ergonomic – Value Of Commercial Card Optimization

PYMNTS

Often at the center of this initiative is the accounts payable (AP) department — and unsurprisingly for these volatile times, the strategy can turn toward lengthening the days payable outstanding (DPO). ” The healthcare industry is one area where these conversations are happening more frequently.

Economics 104
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 AppZen On The State Of Spend Auditing

PYMNTS

Moreover, in terms of the larger picture, more than 96 percent of enterprise spend beyond that of payroll is related to accounts payable; 3.7 AI, she added, can enforce regulatory compliance and verify receipts across dozens of languages. percent of the remainder is T&E related. AI, according to the findings, can flag 8.7

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Ancora On Streamlining AP Processes With Machine Learning

PYMNTS

The drive to eliminate paper in the accounts payable process, to cut the steps that lead to inefficiencies, continues to get a boost from technology. With an automated workflow process, the manual approval of invoices is eliminated and strict business rules can be applied to the process for compliance reasons.

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Airbnb’s Business Travel Investment Leads B2B Funding For The Week

PYMNTS

Lyric plans to use the investment to expand its operations as it continues to focus on regulatory compliance. Aimed at consolidating spend across accounts payable, employee expenses and other processes, Airbase offers companies a way to manage and control the money that flows out of a business. Chainalysis.

B2B 69
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AvidXchange Targets Healthcare With AP Automation

PYMNTS

Accounts payable technology company AvidXchange is targeting the healthcare industry with payments and invoicing offerings. AvidXchange is broadening access of its AvidPay and AvidInvoice tools to the long-term healthcare and social services markets, the company said in a press release on Monday (Oct.

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How AP Digitization Tackles Hospitals’ Biggest AR Woes

PYMNTS

Cash flow is a fickle beast for any organization, but in the healthcare sector, bottlenecks and friction points are aplenty thanks to issues like late patient payments, insurance payouts and negotiations, and refunds. Unfortunately, accounts payable automation in the healthcare sector is far from ubiquitous.

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Facebook’s Libra, Uber Losses, Instant Deposits Top Week’s News

PYMNTS

Accounts payable (AP) departments all too often have inefficient processes that decelerate workflows and delay supplier payments. Trending: How EU Regulators Are Complicating SCA Compliance (Ekata PSDS Tracker). Healthcare Looks To 5G For Cost Control. Fun, Cool, and Otherwise Interesting.