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.

Accounts Payable 64

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PYMNTS

MARCH 4, 2020

“Native ERP reporting typically isn’t optimized to handle the structure of financial data, or many of the complex requirements like granular data, drill-downs, automated reconciliation and comparative reporting,” he said. Efforts to modernize procurement and accounts payable are also opportunities for data integration with the ERP.

Cash Flow Forecasting 104

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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

APRIL 3, 2020

Accounts payable (AP) automation technology presents an obvious benefit to companies of all sizes and industries to boost efficiency and strategize vendor payments. ” From Onboarding to Compliance. . ” From Onboarding to Compliance.

Accounts Payable 52

Accounts Payable Reconciliations Compliance Invoicing 52

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. ” Electronic invoicing requirements are one example of markets’ heightening focus on tax compliance.

Compliance 55

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PYMNTS

FEBRUARY 5, 2020

For the companies that pay these workers, sometimes globally and across currencies, managing accounts payable (AP) processes is quickly becoming a complex endeavor. As the traditional payroll functions recede into the background, handling huge volumes of invoices — for platforms, that can mean thousands of invoices — becomes unwieldy.

Invoicing 61

Invoicing Accounts Payable Foreign Exchange Currencies 61

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). “We’re seeing a lot more of that mentality.” “It’s also the ergonomics of it.

Economics 104

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PYMNTS

JUNE 17, 2020

Once booked, the trip can be paid for via the Expensify Card, with transaction details automatically captured for reconciliation and reporting. The integration also supports automated reconciliation and cash flow management, the companies noted in a press release. Amadeus B2B Wallet Expands Functionality.

Reconciliations 67

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PYMNTS

MAY 26, 2016

Tipalti is launching its first-ever, end-to-end solution for accounts payable departments on the heels of news that the company secured an integration of its supplier payment solutions into the NetSuite SuiteCloud platform. ” The executive added that Tipalti’s new AP platform provides “unmatched automation.”

Accounts Payable 41

Accounts Payable Invoicing Reconciliations Compliance 41

PYMNTS

SEPTEMBER 20, 2018

Requirements around the recording of digital data — for instance, newer rules on Hours of Service records and electronic recording of drivers’ hours worked — have industry players adopting tools to maintain compliance. On-time invoice payments are “always a challenge,” Cook said.

Accounting 63

Accounting Invoicing Accounts Payable Transportation 63

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. Understanding businesses’ biggest payment pain points requires a wide line of sight.

Accounts Payable 52

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PYMNTS

SEPTEMBER 23, 2019

The standard, according to SWIFT’s financial crime compliance and sanctions strategy head Heather Lee, offers banks an “opportunity to build greater levels of trust across the banking community” and promote collaboration between those partners. Beyond the Payment.

B2B 49

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PYMNTS

APRIL 12, 2016

Nonprofits can face greater pressure than their for-profit peers when it comes to compliance. Not only do they add an enhanced level of security and fraud protection to the accounts payable process, they also simplify processes and provide a mechanism for generating new forms of revenue to support the nonprofit mission.”.

Nonprofit 40

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PYMNTS

DECEMBER 4, 2017

He likened his firm to a bridge between the accounts payable and receivable worlds as it relates to credit card usage and acceptance. The functionality may look and sound appealing, but it often creates cumbersome, manual processes for suppliers to extract card data, process payments and close invoices. PARS for a New Course.

B2B 40

B2B Invoicing Reconciliations Accounts Payable 40

PYMNTS

NOVEMBER 3, 2020

Palette Software has connected its accounts payable (AP) automation cloud technology with Aptean ERP , according to a Monday (Nov. Enterprise business software firm Aptean offers targeted enterprise resource planning (ERP), compliance and supply chain management solutions to firms throughout the globe, according to the announcement.

Credit Risk 88

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PYMNTS

FEBRUARY 13, 2018

As companies grow and go global, manually processing payments and accounts payable (AP) can be a hassle. Enter Tipalti , a global payables automation software company that includes all phases of the payments workflow in a cloud-based platform, which includes steps from supplier onboarding to cross-border payments and AP reporting.

Accounts Payable 41

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PYMNTS

JULY 31, 2017

Considering SMEs the world over are struggling with adopting electronic payments and invoicing, Indian companies are certainly facing a challenge. Electronic invoicing and payments, he added ,“can naturally and seamlessly extend to electronic filing of GST with just a marginal effort for businesses.”.

Invoicing 40

Invoicing B2B Accounts Payable Cash Management 40