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Accounts Payable AI Company Stampli Raises $25M

PYMNTS

The artificial intelligence-based accounts payable company Stampli has raised $25 million in a Series B funding round, the company announced Wednesday (Oct. Stampli redefines invoice management by turning the invoice into a communication tool allowing AP to seamlessly collaborate with all departments and external vendors.”.

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Cash Flow Management: Key Steps

Spreadym

Managing Accounts Receivable: Efficiently manage your accounts receivable by invoicing promptly, offering discounts for early payment, and pursuing collections for overdue payments. Managing Accounts Payable: Delay payments to suppliers only when it is advantageous and do not jeopardize supplier relationships.

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How ePayments Can Ease B2B Friction In The Travel Industry

PYMNTS

The new reality will be marked by low bookings; tight margins; financial pressures on online travel agents; and the need for cost management. Payments made on credit also incur significant administrative burden on companies that must reconcile invoices — unless electronic invoicing is used.

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Moving The Business Payments Focus From Price To Process

PYMNTS

“We’re seeing increased costs to have security around the printing of checks, and what I’ll call ‘the old ways,’” said Joiner. 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.

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Stripe: How finance functions can make automation work

Future CFO

By identifying the biggest source of manual effort for teams—for example, if teams spend the most time on manual accrual accounting to close books—they can then consider tools that can streamline this process. As an example, 87% of Stripe invoices are paid within 24 hours, and Stripe’s revenue recovery tools alone helped users recover US$2.5

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Today In B2B Payments News: Razorpay Taps Visa For SMB Cards, Nets And Yoba Collab On SMB Payments

PYMNTS

The release stated the partnership will let companies pay costs via a credit card, while accessing on-demand liquidity alongside cost management tools. Nets will provide the full-scale solution with a corporate credit and debit solution using digital services, enterprise card management and security tools, the release stated.

B2B 64
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MicroTech Partners With CostPerform For Better IT Spending

PYMNTS

MicroTech , which provides information technology services to government entities, is partnering with cost management tool CostPerform , in order to boost functionality for IT payment processes, according to a press release.

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