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Corporates Step Up To Welcome AI, Blockchain

PYMNTS

Separate research last month also examined how corporate finance expects are bracing for this digital disruption. Finance professionals spoke with Gartner, Inc. ” B2B payments is another area of corporate finance that some analysts expect blockchain to disrupt in a major way. ”

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A Simpler Vision For Accounts Payable Tech

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It places a lot of pressure on corporate money managers to keep up with the latest innovations and maintain a competitive edge. They’re still just looking to automate the process, to get rid of paper, that nature, and then have the convenience of a tool they can sync up with their legacy accounting or ERP software.”

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VCs Looking For FinTech Firms To Solve The Pain Of Unpaid Invoices

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-based Apruve landed funding for their solutions, signaling continued interest by venture capitalists (VCs) in not only alternative finance, but in FinTech firms looking to address B2B companies’ pain points of delayed and unpaid invoices. In the accounts receivable space, U.S.-based

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The Lasting Impact Of Corporates’ Mistrust Of The Cloud

PYMNTS

Mainly, large enterprises that weren’t ready to implement cloud-based ERP systems instead decided to have top providers like Oracle and SAP develop customized, on-premise solutions. Within the finance and accounting world, there seemed to be general resistance to the cloud, mainly circulated around security,” he said.

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For Improving Financials, Putting Big Data Into Context Is Key

PYMNTS

The potential cannot be ignored, however – particularly in the finance department, where information from accounts payable, accounts receivable, treasury and accounting hold the keys to insight into cash flow, predictable payment behavior and new opportunities to boost the bottom line. ”

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Payments Heavyweights Dig Heels Deeper Into Commercial Cards

PYMNTS

Commercial card innovation continues to make big waves in the accounts payable (AP) department, as corporates and card issuers alike explore new ways to drive business spend on cards beyond business trips or ad-hoc purchases. American Express commercial cards have been a staple for many corporates over the years.