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Accounts Receivable Innovations Ease AP Pain

PYMNTS

More and more, B2B payment solutions are focusing less on single end-points of friction, and more on the overall picture of how money (and data) moves from one business to another. That means emerging services are multitasking, easing friction for both accounts payable and accounts receivable. Tipalti Reallocates The Workload.

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OneStream Launches Automated Account Reconciliation

PYMNTS

OneStream , which specializes in corporate performance management (CPM) for companies, has a new program that promises to speed up the time it takes to reconcile accounts, according to a press release. The Transaction Matching software goes hand-in-hand with OneStream’s existing Account Reconciliation.

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Tipalti Bolsters Accounts Payable Platform With AI-Powered Pi

PYMNTS

The solution identifies fraud and risk, bolsters decision making, automates manual work and eliminates accounts payable (AP) process errors. The technology works in the background to provide correct approval routing and general ledger (GL) coding at the bill as well as bill line level.

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What New Payment Rails Miss About Solving B2B’s Remittance Challenge

PYMNTS

B2B payments’ innovation trajectory continues to accelerate as more end-point solutions emerge to improve the vast number of friction points in the industry. Achieving this goal in improving B2B payments means moving beyond the transaction itself. It’s no longer just about the payment,” he told PYMNTS in a recent interview.

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How Virtual Cards Can Help Businesses Stay On Top Of Spend Management

PYMNTS

Some firms have better adjusted to new digital tendencies than others, especially when it comes to keeping track of B2B payments and spend management. Bringing Virtual Cards To A Virtual B2B World. data entry into our general ledger accounting system,” he explained.

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Optimizing Order-to-Cash-to-Compliance for SaaS Offerings

Bramasol

On one hand, the proven nature of SaaS has paved the way for widespread acceptance across both B2B and B2C markets. In this situation, one source document triggers the creation of two separate journal entries directly in the general ledger. However, not all of these elements are required for every implementation.

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Crowe Launches Cash Management Solution For Hospitals

PYMNTS

Accounting, consultancy and technology firm Crowe is rolling out a new solution designed for hospitals to automate daily bank reconciliation processes and manage cash flow, the company said in a recent announcement. Hospitals can often struggle to manually reconcile cash flow coming from multiple sources.