PYMNTS

MARCH 10, 2017

The company said this week that it will roll out an accounts payable solution using a virtual card payment method, a solution, Edenred noted, that “offers security, speed and traceability” for easier supplier payments and reconciliation.

Accounts Payable

PYMNTS

AUGUST 8, 2019

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.

Accounts Payable

PYMNTS

MARCH 31, 2020

To make the complete payables process smarter, global payables automation company Tipalti unveiled its Tipalti Pi integrated payables intelligence engine, according to a press release. The solution identifies fraud and risk, bolsters decision making, automates manual work and eliminates accounts payable (AP) process errors.

Accounts Payable

Future CFO

APRIL 6, 2022

Accounts Payable is responsible for so much more than just paying incoming bills and invoices, particularly given today's global challenges. In partnership with Kofax , SSON ran an industry-wide AP Automation Maturity survey, gaining insights from all over the world into how companies are growing their payables efficiency.

Accounts Payable

PYMNTS

DECEMBER 29, 2020

Now, with electronic processes in place in accounts payable (AP) and accounts receivable (AR) departments, businesses are in a more strategic position than ever before to elevate workflows and strengthen B2B relationships. Empowering Finance Professionals.

B2B

PYMNTS

MAY 2, 2018

As corporate buyers embrace the strategic value of a stronger relationship with suppliers, finance executives are paying more attention to the technologies used to pay vendor invoices. “Accounts payable users have to deal with separate apps and separate processes, but there is no need for such overlap.”

Accounts Payable

PYMNTS

JULY 3, 2018

New research suggests a vast divide between businesses that have embraced technology and electronic processes in the accounts payable department and businesses that instead prefer to retain those paper invoices and checks. While the gap is wide, researchers noted overall improvement in the perception of the accounts payable department.

Accounts Payable

PYMNTS

NOVEMBER 6, 2018

American Express has struck a new partnership in its latest B2B payments push, announcing a collaboration with commercial payments firm WEX to support corporate use of virtual cards in accounts payable. In an announcement on Monday (Nov.

Accounts Payable

PYMNTS

OCTOBER 14, 2016

13) said American Express is teaming up with QuickBooks to provide joint SME clients with financing for supplier payments. Amex will provide short-term financing for small businesses to pay suppliers and manage cash flow, the companies said. Reports on Thursday (Oct.

Finance

PYMNTS

FEBRUARY 28, 2020

One of the latest FinTech firms to do so is accounts payable (AP) automation company Centsoft , which recently announced a data integration with QuickBooks Online. It’s one thing to enable two B2B FinTech platforms — like an accounts payable and accounting platform — to share data with each other.

Accounts Payable

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

PYMNTS

MARCH 4, 2020

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. Efforts to modernize procurement and accounts payable are also opportunities for data integration with the ERP.

Cash Flow Forecasting

Future CFO

OCTOBER 24, 2021

Mastercard announced recently a new supply chain finance offering within Track Business Payment Service (Track BPS) , saying it is designed to increase access to working capital while lowering costs, reducing complexity and risk, and accelerating automation when businesses pay and get paid.

Finance

PYMNTS

DECEMBER 15, 2020

Because consumer transactions continue to rely on cash, the accounts receivable (AR) and accounts payable (AP) processes within the supply chain can be fragmented. The B2B transaction itself continues to face significant friction, thanks to the legal complexities at the state and federal level.

B2B

PYMNTS

FEBRUARY 1, 2021

It’s not that automating invoice generation, banishing checks, automating the cash application process and systematically removing all the manual touches from accounts payable (AP) and accounts receivable (AR) workflows weren’t unknown concepts among chief financial officers (CFOs) and treasury departments at the time.

B2B

PYMNTS

DECEMBER 29, 2020

With the pandemic forcing accounts payable (AP) and accounts receivable (AR) departments to hit the gas on their digitization roadmaps, finance leaders are grappling with an accelerated pace of change that can, at times, be overwhelming. But it can be a lot simpler.”. The Need For Change. “We

B2B

PYMNTS

SEPTEMBER 17, 2019

“Although new technology is appealing, treasury and finance professionals tend to stick with what works for them, and their vendors,” said AFP President and CEO Jim Kaitz. FinTechs Move Money To Vendors Faster. According to the companies, speed is a crucial benefit of such a tool. Marie Aloisi in a statement.

Accounts Payable

PYMNTS

JULY 2, 2020

Often at the center of this initiative is the accounts payable (AP) department — and unsurprisingly for these volatile times, the strategy can turn toward lengthening the days payable outstanding (DPO). “It’s not only the economics that are being optimized” by accepting cards, Leavitt said.

Economics

PYMNTS

NOVEMBER 11, 2020

Back office modernization is in the spotlight like never before, and solutions that streamline accounts payable (AP) and accounts receivable (AR) functions are in high demand. Platforms Streamlining Mass Payables. A recent survey found that 74.2

Invoicing

PYMNTS

NOVEMBER 26, 2019

Accounts payable (AP) automation is beneficial, and even necessary, for many businesses still bogged down by paper. It’s an expansion of Billtrust’s offering that aims to improve accounts payable processes by tackling supplier-side friction. Tipalti Collaborates To Ease Vendor Acceptance.

Accounting

PYMNTS

NOVEMBER 21, 2018

With pressure mounting for the enterprise to digitize, accounts payable automation is seen as a crucial part of achieving greater efficiency, cost savings, visibility into spend and strengthening of vendor relationships, to name a few benefits. But when it comes to money, businesses may be reluctant to hand the reins to a third party.

Accounts Payable

PYMNTS

NOVEMBER 3, 2016

With data analytics now a paramount process of cash flow management, developers are tasked with making their most innovative B2B payments and finance technologies seamlessly integrate with ERP and accounting platforms. The issue, said U.S. ” U.S.

Accounts Payable

PYMNTS

JUNE 12, 2020

Freelancers have seen particularly harsh economic effects from the ongoing pandemic. Forty percent of those in the U.S. have lost at least $10,000 in income since its onset, leaving many operating on fast-declining savings. The nation

Reconciliations

CFO Share

JUNE 18, 2024

As your business grows and success becomes more tangible, the complexities of managing your finances increase as well. Practice reconciliation both with and without the integration. Purchasing – validates accounts payable invoices. Create and execute a vision for your finance department.

General Ledger

CFO Talks

JANUARY 30, 2023

Increased automation of financial processes such as accounts payable, bank reconciliations, financial closes and reporting is freeing up the CFO’s time, enabling them to focus their energies on analysis and storytelling rather than crunching numbers.

Finance

Future CFO

AUGUST 1, 2023

Supriya Deka: The general features of financial applications include accounting, reporting & analytics, bank reconciliation, billing & invoicing, asset management, budgeting & forecasting, financial risk management, expense tracking, and payroll management.

Invoicing

PYMNTS

JUNE 16, 2020

In the June 2020 edition of The Gig Economy Tracker® done in collaboration with Tipalti , we find these traits, among others, defining innovation in accounts payable (AP) software. Manual Reconciliation, Begone. This is where AP automation is stepping in.

Reconciliations

PYMNTS

DECEMBER 30, 2020

Accounts payable (AP) departments were no longer in the office to cut paper checks, and accounts receivable (AR) personnel were no longer in the office to receive them. That's especially true, he told PYMNTS , when it comes to capturing data from purchase orders and invoices to accelerate document processing and reconciliation.

B2B

PYMNTS

JULY 28, 2020

Although the enterprise continues to accelerate its digitization efforts, chief financial officers keep hitting roadblocks when it comes to modernizing workflows regarding accounts payable (AP) and embracing electronic payments. Not so, says Meitra Aycock , senior vice president of operations at Comdata.

B2B

PYMNTS

MAY 4, 2020

Office closures and remote working mandates have created an uncomfortable wakeup call for accounts payable (AP) and accounts receivable (AR) departments that continue to rely on manual, paper-based processes. For both sides, the transaction data of a virtual card payment means streamlined reconciliation and reporting.

Invoicing

PYMNTS

JANUARY 12, 2021

With employees seeking to use company cash in the same way they make purchases in their personal lives, T&E has experienced rapid consumerization of workflows compared to other areas of B2B payments, like accounts payable (AP). A Corporate Spend Convergence.

B2B

CFO Simplified

DECEMBER 26, 2021

Your Ultimate Finance Department Checklist (By Business Size). It’s easy to grow without noticing that your finance and accounting department is stretched far too thin. Here’s a guide to set your accounting and finance department up for success as your business grows. Roles and Responsibilities.

Finance

PYMNTS

JANUARY 20, 2021

In the case of Tango, which manages employees reward programs like this, the point is to provide employers with a full reconciliation of their purchases at the end of the year. One accounts payable person even told us that they viewed gift cards as the Wild West of their taxing obligation.”. The Wild West.

Accounts Payable

Global Finance

JULY 26, 2024

Embedded finance features include global payments, virtual accounts (VAs), and account management. Payable , another double winner, takes both Best Cash Forecasting Solution and Best Treasury Analytics Provider. Standard Chartered takes Best Open Banking Treasury Solution.

Cash Management

PYMNTS

SEPTEMBER 12, 2018

Alternative small business finance comes in many forms as FinTechs target SMB cash flow. Considering cash flow woes are often linked to long payment terms for corporate customers, many of these AltFin players are emerging with financing products designed to target this particular weak point in small business finance.

Finance

PYMNTS

MARCH 27, 2019

Accounts payable (AP) automation company Tipalti is expanding its reach into the market by partnering with three new B2B companies, which will extend Tipalti’s solutions to their own customers. The enhanced integration aims to strengthen control and communication for both ends of the transaction.

B2B

The Charity CFO

APRIL 29, 2022

That means keeping your paperwork organized, staying current on your reconciliations, tracking restricted funds , and accurately recording all your expense and revenue transactions each month. PRO TIP: If your internal team can’t keep up, you can always consider an outsourced nonprofit accounting service to keep your books audit-ready.

Nonprofit