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CEOs, Finance Staff On Opposite Sides Of The Accounts Payable Fence

PYMNTS

One of the biggest hurdles in B2B FinTech adoption and digital transformation is convincing the higher-ups that such investments are necessary. Ninety-three percent of accounts payable professionals surveyed said faults exist in their AP processes. ” The complacency appears to be coming from the C-Suite, the survey found.

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Finexio Lands $2.5M For Accounts Payable Tech

PYMNTS

Accounts payable FinTech Finexio has announced $2.5 “Having the financial support and domain expertise of senior financial technology and banking executives will help us execute our vision even more rapidly, with the added benefit of experience, perspective and long-term relationships,” he added.

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Accounts Payable Automation And Innovation Friction

PYMNTS

Innovation for accounts payable is often an afterthought, but automated solutions can efficiently onboard customers, cut back on errors and eliminate paper-based invoicing systems. In technology, Visa has been investing in artificial intelligence (AI) as well as data, and Apple beat analysts’ estimates for the second quarter.

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CFO technology priority: cutting costs with automation

Future CFO

When it comes to CFO technology priority, back-office automation is seen as the key to cost reduction in the face of ongoing inflation, said Gartner recently. Survey respondents also indicated their plans to increase investments in pricing optimisation analytics, with 32% of respondents prioritising this area among their top three priorities.

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Mastering Cash Flow Management: Ensuring Liquidity for SMB Success

CFO Network

Effective cash flow management is crucial for sustaining day-to-day operations, investing in growth opportunities, and weathering unexpected financial challenges. Accounts Payable Management: Ensuring Timely Payments Another critical aspect of cash flow management is managing accounts payable effectively.

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B2B FinTech Stays Resilient Amid Investment Slowdown

PYMNTS

The stats suggest the strength of the B2B FinTech market’s ability to attract big-ticket funding rounds despite an overall dip in investment. PYMNTS outlines the latest investments below. million in Series C funding this week, with the fraud detection technology company noting Draper Esprit led the round. TradeDepot.

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Rho Technologies Raises $15 Million For AP Integration

PYMNTS

Rho Technologies , the FinTech behind Rho Business Banking, has raised $15 million in a Series A round, according to a press release. With the proceeds, the company plans to work on expanding its team-oriented commercial banking platform, including launching an integrated accounts payable (AP) platform Wednesday (Jan.