Accounts payable: Why CFOs should pay attention

CFO Dive

Over one-third of your invoices have errors, and costs to process these may be up to ten times greater than a "clean" invoice

Frictionless accounts payable – happy customer, happy employee

CFO Dive

Keeping your customers and the employees that serve them happy is key for any organization

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Seamlessly Manage Your Accounts Payable And Account Receivable

Capvel

Steady cash flow is essential for the survival of every business, and this can be assured by maintaining a perfect balance between accounts payable and accounts receivables. Here, we share tips on successfully managing accounts payable and accounts receivable; read on.

How Does Accounts Payable Process Work For A Business?

Capvel

Businesses must pay attention to the accounts payable cycle and gain comprehensive knowledge to ensure a proper flow exit. The growth of a business depends on the well-balanced and interconnected process of accounts payable and accounts receivables. .

The Emerging Spend Management Sector: Simplifying Your Accounting Processes

Speaker: Spencer Falbo, Principal at Kong Basile Consulting

In this webinar, Spencer Falbo, principal at Kong Basile Consulting will teach you how Spend Management can help to automate many of your processes, making your job as an accountant more efficient.

Seamlessly Manage Your Accounts Payable And Accounts Receivable 

Capvel

Steady cash flow is essential for the survival of every business, and this can be assured by maintaining a perfect balance between accounts payable and accounts receivables. Here, we share tips on successfully managing accounts payable and accounts receivable; read on.

Embracing Accounts Payable Automation: The Paper Vaccine

PYMNTS

While other departments may have abandoned manual, paper-based strategies years ago, accounts payable (AP) and finance departments held their ground on practices that seem to have changed little since the 1970s. where they account for 75 percent of all invoices.

Accounts Payable’s Unstructured Data Problem

PYMNTS

According to Ashutosh Saitwal , founder and CEO of newly launched data management platform KlearStack , one area of the enterprise that is struggling the most with this challenge is accounts payable (AP).

Basware Debuts AI Tool For Accounts Payable Automation

PYMNTS

Once applied to a customer’s historical invoices, the AI learns and improves even more each time, but again, with very little human interaction required, saving the accounts payable team a tremendous amount of time,” Nikula said.

Regional Banks Guide Corporates To Future-Proof Accounts Payable

PYMNTS

Accounts payable (AP) teams and other financial functions of the enterprise were some of the hardest hit by the disruption caused by the global pandemic. “Companies are increasingly looking to more efficiently manage the accounts payable process,” he said.

Kofax Adds New AI Features For Accounts Payable

PYMNTS

Intelligent automation supplier Kofax has announced new innovations for its invoice and accounts payable (AP) solutions, according to a press release. B2B Payments accounts payable B2B Kofax News What's Hot In B2B

Webinar: 2022 Modernizing Accounts Payable Processing Survey Results | May 17

Strategic Treasurer

2022 Modernizing Accounts Payable Processing Survey Results. Description : This webinar discusses the accounts payable (AP) results from the 2022 Modernizing AP & AR Processing Survey. Field of Study : Accounting.

Why Cloud-Based Accounts Payable Is Make Or Break

PYMNTS

Employing accounts payable (AP) automation solutions can help smooth onboarding and streamline the data collection and analyzing processes, removing the many friction points that are prone to legacy systems.

Strategizing Accounts Receivable To Drive Accounts Payable Modernization

PYMNTS

Increasingly, FinTechs and the businesses they serve are pulling double duty with solutions that tackle both accounts receivable and accounts payable friction for each end of the B2B transaction. Digitizing and modernizing B2B payments cannot be a one-sided effort.

Finexio Lands $2.5M For Accounts Payable Tech

PYMNTS

Accounts payable FinTech Finexio has announced $2.5 In August, Finexio also launched a payment processing collaboration with Payscout to streamline accounts payable and accounts receivable for joint customers. million in new funding from new and existing investors.

OpenText Debuts Integration Tool To Connect ERPs With Accounts Payable

PYMNTS

B2B Payments accounts payable B2B ERP News opentext Supply Chain What's Hot In B2B

Palmarius Debuts Accounts Payable Tool

PYMNTS

Cost containment solution provider Palmarius Advisors is rolling out an accounts payable (AP) automation solution designed to generate revenue and enhance spend control for corporate users. In a press release issued Tuesday (July 2), Palmarius Advisors announced that its AP solution provides automated reconciliation and increased security to mitigate the risk of fraud while simplifying accounts payable transactions.

Protecting Accounts Payable From Smarter, Faster Fraudsters

PYMNTS

In an interview with Doug Cranston, vice president of product management at Bottomline, the executive noted that in the age of speed, fraudsters are able to more easily exploit firms’ vulnerabilities, compromise their accounts payable process and get away with ill-gotten gains, often to vanish without a trace. They understand the payments space, they understand the settlement systems, they understand accounts payable,” he said.

Looking Beyond ePayments In Accounts Payable

PYMNTS

With adoption rates now rising, accounts payable (AP) departments have improved their positions within the enterprise as strategic functions, with the potential to offer greater insight into company operations. Businesses, though, are all at different levels in their accounts payable departments, not only in their journeys of digitization, but in their journeys to elevate their AP processes to deliver greater value to the enterprise at large.

Cegid And Esker Form Accounts Payable Tech Partnership

PYMNTS

Partnerships / Acquisitions accounts payable Cegid esker News partnerships What's Hot

Use accounts payables automation to keep your processes in the ‘safe zone’

Future CFO

Accounts Payable is responsible for so much more than just paying incoming bills and invoices, particularly given today's global challenges. The post Use accounts payables automation to keep your processes in the ‘safe zone’ appeared first on FutureCFO.

Why Accounts Payable Is The ‘Lost Child’ Of Finance

PYMNTS

So it is with accounts payable (AP), as Chen Amit, CEO of Tipalti , told PYMNTS in a recent interview. Accounts payable is the ‘lost child’ hidden in business workflows,” said the executive. “I However, against the backdrop where such investment is limited by human capital and financial capital, the end result is that a wide range of accounts payable processes are manual. Of accounts payable in general, he said, “it’s a cumbersome process.

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. B2B Payments accounts payable AI artificial intelligence B2B News series B Stampli Venture Capital What's Hot In B2BThe round was led by SignalFire, and Hillsven Capital, Bloomberg Beta and NextWorld Capital participated in the round. So far, the company has raised $32 million.

Unifying procurement and accounts payable

Future CFO

There are specialists handling accounts payables, accounts receivables, performing reconciliation, financial planning and analysis, etc. In the case of procurement and accounts payable (AP), this rings especially true. Many businesses in Asia still operate in silo.

Re-imagining the role of accounts payable in a digital world

Future CFO

A common thread among these initiatives is the urgent shift to a more contemporary, digitally savvy, and data-driven accounts payable function. The post Re-imagining the role of accounts payable in a digital world appeared first on FutureCFO.

The benefits of accounts payable – a finance perspective

Future CFO

Organizations that adopt accounts payable (AP) automation can experience significant benefits including greater control over cash management, reduction in processing costs, fraud mitigation and improved compliance.

Challenges and opportunities in the automation of accounts payables

Future CFO

FutureCFO spoke to Marcus Rex, managing director for Asia-Pacific, xSuite, for his perspective on how finance automation in general, and accounts payable in particularly, can help transform finance into a profit centre. Myths around accounts payable (AP) automation.

Tipalti Bolsters Accounts Payable Platform With AI-Powered Pi

PYMNTS

To make the complete payables process smarter, global payables automation company Tipalti unveiled its Tipalti Pi integrated payables intelligence engine, according to a press release. B2B Payments accounts payable B2B News Tipalti Tipalti Pi What's Hot In B2B

Accounts Payable Automation And Innovation Friction

PYMNTS

Innovation for accounts payable is often an afterthought, but automated solutions can efficiently onboard customers, cut back on errors and eliminate paper-based invoicing systems. Today In Data accounts payable artificial intelligence automation Commerce friction Innovation Invoicing News payments Today in Data

Kodak Automates Invoice Processing For Accounts Payable

PYMNTS

The company said its Kodak Services for Business will include invoice automation as the company pushes for further accounts payable (AP) automation capability. The solution does not automatically code invoices, though once coded and approved, invoice data is automatically integrated into accounting systems for seamless supplier payments. B2B Payments accounts payable AP AP automation B2B Innovation invoice automation News supplier payments What's Hot In B2B

Compeat Steps Into Restaurant Accounts Payable

PYMNTS

In a press release last week, Compeat said Compeat Pay automates vendor payments by using virtual cards, ACH and check payments to enhance the security of accounts payable. Our internal accounting team was so excited about the new payments solution that we now use it to pay our vendors,” he said. B2B Payments accounts payable B2B Compeat News restaurant supplier payments virtual card What's Hot In B2B

Xerox Digs Heels Into Accounts Payable Sector

PYMNTS

Xerox is strengthening its position in the accounts payable services space with a new suite of business solutions. The five horizontal services include Intelligent Workplace Services to automate workflows, Capture & Content Services to capture data across channels, Accounts Payable services to automate invoicing and payments, Digital Hub & Cloud Print Services for cloud-based printing services, and Campaigns on Demand Services to manage marketing campaigns.

Streamlining The Accounts Payable Conversation

PYMNTS

To that end, IntelliChief, which provides document management and workflow management software solutions, said it has now added configurable index panels into its ECM platform, which means that the company has extended its accounts payable features to embrace non-purchase order invoices, building on top of previous automation efforts tied to purchase orders. B2B Payments accounts payable B2B intellichief

A ‘Payment-Agnostic’ Approach To Accounts Payable

PYMNTS

The competition is heating up between payment technologies in accounts payable, with ACH and virtual cards seeing significant pushes in the B2B payments space to combat the dreaded paper check. Such illustrates the importance of accounts payable being “payment agnostic,” according to Richard Jackman, president and CEO of B2B payments technology firm ePayRails.

Report: Worldwide Accounts Payable Software Market To Reach $1.567M

PYMNTS

Zion Market Research released a report about the accounts payable software market on Wednesday (March 20), estimating the market will reach about $1,567 million by 2025, according to a release by the company. Accounts payable software enables the enterprises to improve the accuracy of their financial data, save time on various business methods, and allow the staff to work on other tasks,” Zion said. “It