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A ‘Payment-Agnostic’ Approach To Accounts Payable

PYMNTS

The competition is heating up between payment technologies in accounts payable, with ACH and virtual cards seeing significant pushes in the B2B payments space to combat the dreaded paper check. Data is key to addressing those pain points like identifying instances of fraud or promoting automated reconciliation.

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Yooz Debuts AP Automation Tech To UK Market

PYMNTS

A press release revealed that the company will make its automated accounts payable (AP) solution available to U.K. ” The launch comes as AP automation grows increasingly in-demand among corporate finance professionals. .’s Procure-to-pay software company Yooz plans to expand into the U.K.,

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How Data Guides A New Era For The ERP

PYMNTS

The enterprise resource planning ( ERP ) system has been a staple of corporate finance operations for years, acting as a central repository of data and a hub to initiate a range of processes, from accounting to procurement. But the ERP of today doesn’t look like it used to.

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Banks’ Definitive B2B Payments Guide To Sibos

PYMNTS

While FinTechs are offering a greater variety of solutions to business users than ever before, corporate finance chiefs and treasurers still turn to their banks first to improve their B2B payments strategies. As businesses continue this shift, it is no longer safe to assume that corporates are not interested in faster payments.

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Paper Checks’ Uncertain B2B Payments Future

PYMNTS

One of the biggest challenges today, he suggested, is that the process to migrate to a fully automated and digital process for electronic B2B payments — including AR, AP, reconciliation, accounting and other aspects of corporate finance — remain fragmented.

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Closing The Books Is Now A Lesson In Corporate FinTech Innovation

PYMNTS

But as companies like FloQast keep up with the ever-changing needs of their corporate customers, these solutions have to also keep pace with changes in the broader corporate finance market. and elsewhere, for instance, are guiding the evolution of the corporate accounting and close market, Feinstein noted.

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The Multibillion-Dollar Problem Of B2B Payments Friction

PYMNTS

B2B payments is at the center of efforts to innovate by FinTechs, banks and others, but corporates’ business-to-business payment processes remain complex, erroneous and a deterrent to growth. million on reconciliation processes, with a tenth of survey respondents deploying 50 or more employees to this area of operations.

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