article thumbnail

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.

article thumbnail

Fiserv, SAP Team For Simpler B2B Payments

PYMNTS

FinTech firm Fiserv is partnering with software company SAP to help worldwide B2B companies streamline payments and improve working capital, Fiserv announced on Monday (Feb. Many Fiserv clients have already started to see the benefits of the SnapPay-SAP integration. The solution also computerizes corporate treasury operations.

SAP 67
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

SAP Concur Launches ERP Integration With VAI

PYMNTS

VAI will now link corporate customers to SAP Concur solutions, including Concur Expense, Concur Invoice and Concur Travel. SAP Concur’s solutions include accounts payable, expense management, invoice automation, travel booking, mileage tracking and other tools. . million deal.

SAP 40
article thumbnail

AvidXchange Takeover Targets Banks’ AP Processes

PYMNTS

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.

article thumbnail

Amex Aims For Spend Compliance With AP Solution

PYMNTS

American Express is targeting its latest accounts payable solution toward corporate spend policy, and to help businesses remain compliant, the credit card giant is enlisting the help of SAP Ariba. He added that these off-contract purchases can cost businesses up to $9 million per $1 billion in spend.

article thumbnail

E-invoicing frameworks poised for heightened adoption

Future CFO

SAP Concur hopes that regional governments already using PEPPOL could use their influence to encourage other countries transacting with it to adopt the system. Businesses that want to drive accounts payable efficiency should take a closer look at PEPPOL. in five days for sums up to AU$1 million. Implementing PEPPOL.

article thumbnail

Workforce Spend Sector Gets Busy

PYMNTS

The big action in corporate spend management is travel and entertainment (T&E), where the 800-pound gorilla has long been Software-as-a-Service (SaaS) goliath, SAP Concur. billion expense management pie), a group of competitors has merged into a new company to challenge SAP’s category dominance. A Reliance on Compliance.

SAP 52