PYMNTS

MARCH 27, 2019

Accounts payable (AP) automation company Tipalti is expanding its reach into the market by partnering with three new B2B companies, which will extend Tipalti’s solutions to their own customers. The enhanced integration aims to strengthen control and communication for both ends of the transaction.

B2B 46

B2B Accounts Payable Reconciliations Cash Management 46

PYMNTS

NOVEMBER 9, 2016

Any organization, small or large, private or public, must handle the pressures of compliance. “The risk exposure varies greatly,” the senior manager of fund accounting strategy for Abila told PYMNTS. Abila recently rolled out updates to its nonprofit accounting software offerings with these trends in mind.

Compliance 69

Compliance Nonprofit Accounts Payable Vendor Management 69

PYMNTS

JANUARY 6, 2021

ReadSoft Online, the release stated, is Kofax's Software-as-a-Service (SaaS) tool for invoice data extraction and automating accounts payable (AP) services. The two companies combined will offer a new service for AP departments to help reduce invoice processing time by as much as 80 percent, the release stated.

Accounts Payable 73

Accounts Payable Invoicing Compliance Finance 73

PYMNTS

AUGUST 28, 2019

Accounts payable automation company AvidXchange is strengthening its position in the banking and financial services sector through the acquisition of BankTEL, the company said Tuesday (Aug. AvidXchange has reached an agreement to acquire BankTEL Systems, which provides accounting technology to banks.

Accounts Payable 59

Accounts Payable Banking Invoicing SAP 59

PYMNTS

JUNE 28, 2020

Billtrust , which works with B2B order-to-cash solutions and accounts receivable automation, has expanded its tools to boost email billing, expand digital payments and accelerate cash flow, according to a press release. The company’s new solutions will help to aid remote workers during the pandemic, according to the release.

Invoicing 83

Invoicing Accounts Payable B2B Compliance 83

PYMNTS

SEPTEMBER 23, 2019

Corporates have growing expectations for faster, more efficient and more secure B2B payments — whether their money is moving from one business unit to another or one country to another. As financial institutions gather for this year’s Sibos conference kicking off in London today (Sept. Payments Speed and Security.

B2B 49

B2B Banking Accounts Payable Corporate Finance 49

PYMNTS

JULY 3, 2019

In a press release on Tuesday (July 2), France-based ITESOFT announced that it will wield Prodware’s expertise in Microsoft Dynamics and enterprise resource planning (ERP) integrations to connect ITESOFT’s supplier relationship management and electronic billing solution, Streamline for Invoices, directly into Microsoft Dynamics.

Accounts Payable 46

Accounts Payable Invoicing B2B Compliance 46

PYMNTS

DECEMBER 2, 2016

We’re covering two weeks’ worth of B2B venture capital funding, and across the board, India has come out on top. But the largest venture capital funding round went to an accounts payable automation firm in the U.S. But the largest venture capital funding round went to an accounts payable automation firm in the U.S.

B2B 53

B2B Accounts Payable Startups eCommerce 53

PYMNTS

OCTOBER 11, 2016

For years, accounts payable has had a reputation for being slow, manual and inefficient. A report released by the B2B payments company this month, conducted by TechValidate Market Research, found that the majority of companies are still depending on manual processes in their accounts payable routines.

Accounts Payable 75

Accounts Payable Invoicing Business Analytics B2B 75

PYMNTS

JULY 23, 2020

GEP , which works in procurement and supply chain strategy, has launched its new accounts payable (AP) solution, which will help automate AP services through cloud technology, artificial intelligence (AI) and machine learning (ML), according to a press release.

Accounts Payable 56

Accounts Payable Invoicing Reconciliations B2B 56

PYMNTS

DECEMBER 15, 2020

Identity verification solution provider Acuant has teamed with accounts payable (AP) automation company Tipalti to automate essential services in payment and transaction monitoring, according to a Tuesday (Dec. 15) announcement.

Accounts Payable 75

Accounts Payable Compliance Advertising Invoicing 75

PYMNTS

MARCH 21, 2019

For many companies, the accounts payable (AP) process is mired in paper, but technology, properly deployed, can cut down the paper chase, streamlining the journey between getting invoices and paying them. This generation will not accept using ‘old looking’ B2B software,” he said.

Accounts Payable 48

Accounts Payable Invoicing Compliance SAP 48

PYMNTS

MARCH 4, 2020

The boom in B2B FinTech has introduced a flurry of new solutions and platforms from which corporates and small businesses can choose. For example, he pointed to multinational corporates’ need for tax provisioning and transfer pricing solutions to promote efficiency and compliance across borders. The ERP’s Role in a FinTech World.

Cash Flow Forecasting 104

Cash Flow Forecasting Accounts Payable General Ledger Corporate Finance 104

PYMNTS

AUGUST 24, 2018

The big B2B venture capital news of the week was Augmentum Fintech’s trio of investments, signaling the company’s focus on the B2B FinTech market — but it wasn’t the only firm targeting this startup space. Augmentum Fintech announced its investment in Tide at the same time it revealed two other B2B FinTech targets. OfBusiness.

B2B 40

B2B Finance Accounts Payable B2C 40

PYMNTS

FEBRUARY 19, 2020

With speed being the most obvious value proposition of real-time payments capabilities, it’s not difficult to imagine that corporate payers would be eager to embrace faster payments functionality in their accounts payable (AP) departments. And for many firms, that’s exactly what they’re beginning to do. ”

Accounts Payable 114

Accounts Payable Invoicing Reconciliations B2B 114

PYMNTS

MARCH 24, 2017

Investors diversified their funding to B2B companies this week, hitting several areas of corporate finance including accounts payable, accounts receivable, payroll and supply chain management. B2B Payments. Find out who. AP Automation. The company announced $4 million in funding this week led by Eileses Capital.

B2B 43

B2B Accounts Payable Corporate Finance Accounting 43

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). Some businesses are only just beginning their commercial card journeys as part of a broader push to digitize B2B payments.

Economics 104

Economics Accounts Payable B2B Reconciliations 104

PYMNTS

NOVEMBER 12, 2019

Innovation in the accounts payable (AP) space continues to expand, with FinTechs looking to capture their piece of a growing market driven by businesses’ desire to digitize their operations. Stampli Eyes Invoices as Supplier Collaboration Tools. billion valuation. HRS Targets Employee Hotel Booking Hiccups.

Accounts Payable 49

Accounts Payable Invoicing B2B Valuation 49

PYMNTS

AUGUST 17, 2018

Since automation technologies have taken some of the burden of monotonous activities away from accountants, the profession has exchanged some of its anxiety about robots replacing their jobs with support for enhanced functionality and efficiency — though, not entirely. “This is such new territory for everyone.”

Compliance 44

Compliance Accounting Accounts Payable Invoicing 44

PYMNTS

SEPTEMBER 28, 2020

Smooth B2B operations depend on robust data gathering, but many companies rely on manual methods to collect information and complete supplier enrollment. Fifty-eight percent of business leaders reportedly said data insights could improve their regulatory compliance and help them identify fraud risks, for example.

Accounts Payable 66

Accounts Payable B2B Invoicing Auditing 66

PYMNTS

JULY 7, 2020

With a focus on its broader treasury management offerings, People’s United is adding MineralTree’s invoice-to-pay solution and FIS’s integrated payables technology to streamline business clients’ accounts payable processes. Five Star Bank Taps Corserv Card Tech.

Banking 96

Banking Accounts Payable Treasury Finance 96

PYMNTS

DECEMBER 8, 2016

businesses are attracted to digital invoicing for a slew of financial benefits: faster, more efficient accounts payable and reconciliation processes, a reduction in the threat of errors due to manual data entry and ability to capture early payment discounts thanks to an accelerated invoice management process. In the U.S.,

Accounts Payable 64

Accounts Payable Invoicing Compliance Reconciliations 64

PYMNTS

AUGUST 21, 2019

The drive to eliminate paper in the accounts payable process, to cut the steps that lead to inefficiencies, continues to get a boost from technology. As he told PYMNTS, those steps include manual sorting of invoices, sales orders and supporting documents – and, more importantly, the manual entry of data from these documents.

Accounts Payable 46

Accounts Payable Invoicing Financial Systems Compliance 46

PYMNTS

DECEMBER 11, 2019

Those pain points expand far beyond the retailer’s walls, too, as these businesses are forced to figure out how to utilize high volumes of cash to make payments to their B2B suppliers. Traditionally, B2B commerce is conducted over the phone and via email. An Emerging Late Payments Problem. “Sometimes they forget.

B2B 52

B2B Invoicing Accounts Payable Compliance 52

PYMNTS

JUNE 18, 2020

Using Ivalua’s new tech, firms will be able to explore innovative ways to improve supplier relationships and sourcing initiatives, see and deal with savings, and implement more automation for accounts payable (AP) solutions.

Accounts Payable 56

Accounts Payable Invoicing Compliance Accounting 56

PYMNTS

MAY 13, 2016

In a separate announcement, Coupa revealed the launch of InvoiceSmash , an application to streamline and accelerate invoice processing using technology to digitize invoices received into a format compatible with corporate accounts payable departments.

B2B 42

B2B Accounts Payable Invoicing Compliance 42

PYMNTS

DECEMBER 5, 2019

After all, money exits a company through more than one avenue, whether it be via the accounts payable department or a firm’s own employees. Many of those pain points are, by now, well-known in the B2B payments space. Understanding businesses’ biggest payment pain points requires a wide line of sight.

Accounts Payable 52

Accounts Payable B2B Problem Solving Nonprofit 52

PYMNTS

DECEMBER 12, 2019

The partnership will combine Yooz’s paperless accounts payable technology with the Microsoft Azure cloud system to help companies automate their accounting processes and increase efficiency. “By Whatever their size, our ambition is to provide them with solutions that are ever more innovative and effective on a daily basis.

Accounts Payable 60

Accounts Payable Compliance Invoicing Accounting 60

PYMNTS

SEPTEMBER 17, 2020

That's particularly true for finance teams like accounts payable , accounting or payroll. Bad habits of saving important documents any old place, and assuming you and coworkers can easily find them later, rarely flies in industries where compliance is key.". Take the electronic invoice, for example.

Accounts Payable 63

Accounts Payable Compliance Invoicing Finance 63

PYMNTS

NOVEMBER 10, 2017

We go into the data and into the current auditing and compliance process and look at expense report data and show them all of the places where they have either a duplicate reimbursement to an employee or an employee [who] has fallen outside … policy or patterns of intentional misuse by an employee,” he said. “The

Accounts Payable 44

Accounts Payable Auditing Invoicing Compliance 44

PYMNTS

AUGUST 19, 2019

The data was based on expense report, contract and invoice audit data from billions of transactions across hundreds of enterprise customers from April 1, 2019, through June 30, 2019, AppZen said. Moreover, in terms of the larger picture, more than 96 percent of enterprise spend beyond that of payroll is related to accounts payable; 3.7

Auditing 56

Auditing Accounts Payable Invoicing Healthcare 56

PYMNTS

JUNE 17, 2020

Amadeus B2B Wallet Expands Functionality. In another initiative gearing up for the return of corporate travel, travel management platform Amadeus has announced that its payment offering, the Amadeus B2B Wallet, is now able to automatically generate virtual cards through a partnership with Troovo , PYMTNS reported.

Reconciliations 67

Reconciliations Accounts Payable Risk Analysis B2B 67

PYMNTS

DECEMBER 4, 2017

Boost Payment Solutions is one company that seeks to bring electronic payments to the B2B realm, as both an acquirer and a FinTech with an exclusive focus on commercial credit cards. He likened his firm to a bridge between the accounts payable and receivable worlds as it relates to credit card usage and acceptance.

B2B 40

B2B Invoicing Reconciliations Accounts Payable 40

PYMNTS

JANUARY 26, 2021

Terrence McCrossan , CEO of Oversight , spoke with PYMNTS about the opportunity organizations have to not only keep employee spending in check, but to optimize the ways the enterprise spends money across functions, from T&E (travel and entertainment) to accounts payable (AP) and procurement.

Auditing 75

Auditing Invoicing Compliance Accounts Payable 75

PYMNTS

JANUARY 17, 2018

Over the past few years, demand has increased for system integrators, ERP (enterprise resource planning) resellers, procure-to-pay implementers, business process outsourcing companies and banks to work together as their clients strive to enable complex capabilities like cross-border payments and invoice automation.

Accounts Payable 40

Accounts Payable Auditing B2B CFO 40

PYMNTS

OCTOBER 17, 2016

The B2B realm is rife with paper, it’s no secret. And any number of firms are looking to aid finance professionals in reducing paper inflows and outflows — a bottleneck where accounts payable is concerned. And where there are inefficiencies in AP, there are inefficiencies in cash flow.

Accounts Payable 53

Accounts Payable Invoicing Compliance Construction 53

PYMNTS

APRIL 10, 2019

Corporates’ biggest procure-to-pay challenges often center around the friction of streamlining data flows and the movement of money, from sourcing and purchase order submission to invoice payment and reconciliation. Yet, as supply chains expand across borders, a new burden has landed on procurement teams’ shoulders: compliance.

Compliance 55

Compliance Invoicing Auditing Accounts Payable 55