PYMNTS

MARCH 16, 2020

Buyers will be able to pay suppliers in their own countries’ currencies with ease, according to the release. In addition, the deal will allow better reconciliation of payments with the matching invoices. It will also allow real-time payment tracking along with less inquiries about payment-related issues for suppliers.

SAP 99

SAP Foreign Exchange Reconciliations Currencies 99

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. That information flow comes in on a real-time basis, rather than through the typical process of month-end reconciliation. The Advantages.

Invoicing 61

Invoicing Accounts Payable Foreign Exchange Currencies 61

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

Reconciliations Accounts Payable Risk Analysis B2B 67

PYMNTS

JULY 10, 2020

Although commercial card products can offer working capital benefits on both ends of the B2B transaction, adoption lags behind other digital payment methods in accounts payable (AP) departments. In addition to heightened visibility and access to reconciliation data, corporate cards connect businesses to a valuable line of credit.

Entertainment 80

Entertainment Accounts Payable B2B Reconciliations 80

PYMNTS

DECEMBER 12, 2019

That’s surprising for several reasons, and here’s a good one: nearly 70 percent of accounts payable (AP) professionals say suppliers value payments speed above all. Contrast that with the fact that well over 40 percent of B2B invoices are still paid by paper check.

B2B 52

B2B Accounts Payable Reconciliations Healthcare 52

PYMNTS

FEBRUARY 12, 2018

Invoices still need to wind their way through the enterprise procurement and accounts payable departments, often taking 30, 60, 90 and sometimes as many as 120 days for the supplier to get paid. Bob the builder, the supplier, sends an invoice to Procter & Gamble (P&G) for $100. When Payments Terms Are Instant.

Accounts Payable 43

Accounts Payable Invoicing Accounting Reconciliations 43

PYMNTS

FEBRUARY 26, 2020

That means emerging services are multitasking, easing friction for both accounts payable and accounts receivable. Below, PYMNTS explores the latest initiatives and finds that innovators are looking at the accounts receivable side to tackle accounts payable friction. Tipalti Reallocates The Workload.

Accounting 72

Accounting Accounts Payable Invoicing General Ledger 72

PYMNTS

OCTOBER 14, 2020

Community banks and regional banks will be able to immediately offer a platform under their own brands, enabling their business clients to automate their accounts payable (AP) through the RegalPay One application without making a large technology investment, according to the announcement. Reconciliation also comes with the offering.

B2B 82

B2B Banking Accounts Payable Reconciliations 82

PYMNTS

JUNE 9, 2017

In corporate accounting, accounts payable and B2B payments, traditional FIs are slowing down innovation that could one day bring these areas up to speed with corporate payments, the executive explained. But electronic and automated payments are just one side of the overall friction in accounts payable, Dahl said.

Accounting 43

Accounting Technology Accounts Payable Invoicing 43

PYMNTS

JULY 31, 2017

Considering SMEs the world over are struggling with adopting electronic payments and invoicing, Indian companies are certainly facing a challenge. Cash, in the form of currency notes on hand, does not really help anyone,” Krishnan recently told PYMNTS. “It It is a non-productive depreciating asset.”. “GST

Invoicing 40

Invoicing B2B Accounts Payable Cash Management 40

PYMNTS

NOVEMBER 16, 2017

That need is pushing businesses to integrate technologies into their supply chain management systems to match payments, invoices and POs, for instance, for automated reconciliation. ” Such automation can similarly reduce invoice processing and reconciliation errors, too, he added. .

Reconciliations 41

Reconciliations Invoicing Accounts Payable Technology 41