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Challenges and opportunities in the automation of accounts payables

Future CFO

Prior to 2020, we heard discussions about the importance of automation to the finance function. 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.

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The new accounts payable department & the future of payables

Future CFO

Business continuity is now a top priority for most supply chain and finance leaders, causing fundamental shifts in AP functions and a need for innovation. So, what does the New Accounts Payable department look like? Accounts payable is in a different position today than it was only a matter of months ago.

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Cash in times of crises: Lessons from 2020-2022

Future CFO

Having an experienced succession of crises since the beginning of 2020, FutureCFO asked two finance leaders their views on the challenges facing treasury and cash management during the pandemic and coming out of it. What is the biggest change to the Treasury and Cash Management (TCM) function brought about by the pandemic?

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Community Banks Accelerate FinTech Integrations

PYMNTS

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.

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AP Automation Braces For Open Banking, Globalization

PYMNTS

One of the latest FinTech firms to do so is accounts payable (AP) automation company Centsoft , which recently announced a data integration with QuickBooks Online. It’s one thing to enable two B2B FinTech platforms — like an accounts payable and accounting platform — to share data with each other.

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C-Suite execs believe intelligent automation helps augment finance’s capabilities

Future CFO

Three quarters of C-suite executives believe that intelligent automation helped to augment their finance employees’ capabilities, according to results of a survey jointly done by the Institute of Singapore Chartered Accountants (ISCA) , AI Singapore and the National University of Singapore (NUS) Business School recently. Efficiency.

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AP Automation Sails Through Onboarding

PYMNTS

The March 2020 Next-Gen AP Automation Tracker ® done in collaboration with Bottomline Technologies , contains a wealth of information and inspiration for treasury and finance executives faced with issues of reducing fraud and error, cutting costs and increasing payments accuracy across the board. But it all hinges on reliable data.