PYMNTS

DECEMBER 16, 2020

This option has businesses bypass insurance companies and use their own budgets to pay out employees’ healthcare claims in the hopes that the expenses will be less than the premium costs they would otherwise pay. Healthcare claims processors must manage transactions with a vast — and often changing — array of physicians.

Healthcare 81

Healthcare Accounts Payable Reconciliations B2B 81

PYMNTS

JANUARY 22, 2021

B2B payments in the healthcare industry are undoubtedly complex, thanks to the intricacies of coordination between healthcare providers, suppliers and insurance firms. Well before the pandemic hit, however, the healthcare arena began to embrace the opportunities of digitization — at least, on the patient-facing end of operations.

Healthcare 74

Healthcare Prioritization B2B Accounts Payable 74

PYMNTS

OCTOBER 5, 2020

Against that backdrop, companies are re-evaluating and redesigning their entire supply chains, cost management life cycles and other processes across all industries from healthcare to manufacturing. Comdata, she said, has mimicked the flow from claims to invoice to payment to reconciliation.

Healthcare 130

Healthcare B2B Reconciliations Accounts Payable 130

PYMNTS

NOVEMBER 3, 2020

3) that it has completed its multimillion-dollar acquisition of CPS Payment Services , a B2B payments and accounts payable (AP) automation technology provider. The CPS Payment Portal provides “workflow management and automation” for B2B payments, “from ERP integration to payment execution and reconciliation,” the companies noted.

Accounts Payable 56

Accounts Payable Reconciliations B2B Concentration 56

PYMNTS

OCTOBER 20, 2020

Accounts payable and payments automation solution MineralTree has added automated PO and invoice matching for cloud-based accounting and financial management platform Sage Intacct , a press release says. Trintech made the program for its Adra Suite and it became available via the Sage Intacct Marketplace.

Invoicing 52

Invoicing Accounts Payable Reconciliations Healthcare 52

PYMNTS

AUGUST 11, 2020

From a lack of supplier acceptance of electronic payments to outdated infrastructure within accounts payable (AP) departments, the B2B payments ecosystem still has much room for improvement on multiple fronts. “You can’t just take an accounts payable view of things,” said Phalen. Driving Scale.

B2B 110

B2B Accounts Payable Reconciliations Healthcare 110

PYMNTS

JULY 2, 2020

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

Economics Accounts Payable B2B Reconciliations 104