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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. That lets banks and other financial institutions cut down on times for processing, boost compliance and bolster productivity.

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OpenText Debuts Integration Tool To Connect ERPs With Accounts Payable

PYMNTS

With a launch that links enterprise resource planning (ERP) with accounts payable, among other systems, OpenText debuted its new OpenText™ Trading Grid™ The rollout brings together multi-enterprise cloud integration capabilities with data visualization and microservices architecture, according to an announcement.

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FinTechs Raise Funding For Supplier Payments, Compliance Automation

PYMNTS

Venture capital funding landed at supplier payment and compliance automation firms this week, among other B2B innovators that raised money. The valuation puts the accounts payable (AP) and mass payments company well into “unicorn” territory, meaning it is valued at over $1 billion. Strike Graph.

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The Key Differences Between a Controller and a CFO in Small Businesses

CFO Share

A controller primarily oversees accounting processes, ensuring accurate financial records and compliance with regulations. Purpose of the Role The controller ensures financial reporting compliance and accuracy while preventing and detecting fraud. A CFO is innovative, high-level, and less detail-oriented.

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Medius And Pagero Team On Digital Invoice Management

PYMNTS

Medius has long provided companies with technologies related to the accounts payable (AP) workflow. Companies that harness Medius AP can begin taking digital invoices with support for compliance with local rules, according to the announcement.

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Turn hyper-efficient AP into a cash contributor

Future CFO

Leveraging a modern approach to performance excellence driven by technology and a shift in mindset is key to opening many new opportunities for Accounts Payable. Click on the link to download this Kofax paper. DOWNLOAD NOW. The post Turn hyper-efficient AP into a cash contributor appeared first on FutureCFO.

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Finexio Targets B2B Payments Compliance With Cass

PYMNTS

“Our partnership with Cass, an information processing and financial holding company with considerable experience in routing and handling B2B payments, provides Finexio and our customers access to a Federal Reserve member bank with a comprehensive suite of compliance and fraud detection tools.

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