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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. Recurring pain points in accounts payables.

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A Simpler Vision For Accounts Payable Tech

PYMNTS

It places a lot of pressure on corporate money managers to keep up with the latest innovations and maintain a competitive edge. Anybill recently announced that data from its accounts payable services integrates into the accounting platform of QuickBooks. “They want it automated. .” It’s healthy.

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ERP Data On The Front Lines Of Blockchain Adoption

PYMNTS

The company announced earlier this month that it has developed what it claims to be the world’s first technology to integrate blockchain into ERP systems like SAP. Processing corporate payments as peer-to-peer, directly on blockchains, gives for instant settlement and, therefore, real-time reconciliation and accounting,” the company said.

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Oil & Gas Has No Room For Late B2B Payments

PYMNTS

And as one of the largest industries impacting the global economy, the oil and gas sector must push through the pressures of high-volume cash management, regulation and even influences from its own labor force. . Lately, players in this vertical have begun seeking out technologies to manage their business processes.

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