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Accounts Payable AI Company Stampli Raises $25M

PYMNTS

The artificial intelligence-based accounts payable company Stampli has raised $25 million in a Series B funding round, the company announced Wednesday (Oct. Stampli redefines invoice management by turning the invoice into a communication tool allowing AP to seamlessly collaborate with all departments and external vendors.”.

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Cash Flow Management: Key Steps

Spreadym

Managing Accounts Receivable: Efficiently manage your accounts receivable by invoicing promptly, offering discounts for early payment, and pursuing collections for overdue payments. Managing Accounts Payable: Delay payments to suppliers only when it is advantageous and do not jeopardize supplier relationships.

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How ePayments Can Ease B2B Friction In The Travel Industry

PYMNTS

The new reality will be marked by low bookings; tight margins; financial pressures on online travel agents; and the need for cost management. Payments made on credit also incur significant administrative burden on companies that must reconcile invoices — unless electronic invoicing is used.

B2B 94
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Moving The Business Payments Focus From Price To Process

PYMNTS

“We’re seeing increased costs to have security around the printing of checks, and what I’ll call ‘the old ways,’” said Joiner. Against that backdrop, companies are re-evaluating and redesigning their entire supply chains, cost management life cycles and other processes across all industries from healthcare to manufacturing.

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US B2B Startups Dominate $337 Million Worth Of Funding

PYMNTS

The company, based in New York, provides an accounts payable and cost management solution for members of the hospitality sector, with its solutions leveraging machine learning technology to analyze invoice data for smarter purchasing and supplier management decisions. Employment Hero.

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Introducing Automation To The Accounts Receivable Department

PYMNTS

In B2B payments, the paper check is an especially persistent problem that can yield inefficiencies both on the accounts payable and accounts receivable ends. According to data from PaySimple , it costs businesses an average of $1.22 The cost of preparing an invoice to send out to a client can be as high as $11.50