Global Finance

OCTOBER 31, 2024

Before the pandemic, DBS had relentlessly leveraged emerging technologies to help SMEs, especially micro and small enterprises, streamline services and manage credit risk. Operations services help entrepreneurs register and incorporate online, protect businesses against cyber threats, automate accounts payable, and perform other tasks. —LS

Banking 52

Banking Finance Construction Foreign Exchange 52

Global Finance

FEBRUARY 4, 2025

Financial institutions can better understand the risk profiles of small suppliers by leveraging alternative data and machine learning, thus expanding access to financing. Suppliers can instantly track invoice payments and upcoming payment totals for improved forecasting. Santanders 50 million Brazilian real ($8.3

Finance 52

Finance Invoicing Banking Manufacturing 52

CFO Dive

MAY 26, 2023

Leveraging intelligent automation to process invoices can help, Steven Cronin writes. CFOs are under growing pressure to drive efficiencies at zero cost.

Accounts Payable 258

Accounts Payable Accounting Invoicing Leverage 258

PYMNTS

SEPTEMBER 26, 2018

With adoption rates now rising, accounts payable (AP) departments have improved their positions within the enterprise as strategic functions, with the potential to offer greater insight into company operations. less to process a single invoice. Invoice processing is also an average of 7.5

Accounts Payable 64

Accounts Payable Accounting Invoicing B2B 64

PYMNTS

MARCH 18, 2020

Employing accounts payable (AP) automation solutions can help smooth onboarding and streamline the data collection and analyzing processes, removing the many friction points that are prone to legacy systems. Automated services could cut an average of 40 days from their invoice processing time.

Accounts Payable 66

Accounts Payable Accounting Invoicing Data Analysis 66

PYMNTS

JUNE 12, 2019

In an interview with Doug Cranston, vice president of product management at Bottomline, the executive noted that in the age of speed, fraudsters are able to more easily exploit firms’ vulnerabilities, compromise their accounts payable process and get away with ill-gotten gains, often to vanish without a trace.

Accounts Payable 62

Accounts Payable Accounting Invoicing Securities 62

CFO Share

DECEMBER 14, 2022

What is accounts payable ? What is accounts payable? Accounts payable is short-term obligations (aka bills) due to vendors for services or goods received. What are examples of accounts payable? Every vendor bill you receive in email or paper mail is part of your accounts payable.

Accounts Payable 52

Accounts Payable Accounting Invoicing Education 52

PYMNTS

SEPTEMBER 20, 2016

Accounts payable solutions firms Inspyrus announced a mobile app aimed at enabling invoice management for AP professionals on the go. The tool, developed on the Oracle Mobile Cloud Service, provides invoice automation for a mobile platform. An announcement on Monday (Sept.

Invoicing 66

Invoicing Accounts Payable Leadership Leverage 66

Future CFO

JANUARY 26, 2024

Systems powered by artificial intelligence are without a doubt revolutionising invoice processing in finance departments. There are nine ways AI-powered systems can transform invoice processing in Accounts Payable (AP) departments.

Accounts Payable 52

Accounts Payable Cash Flow Forecasting Accounting Invoicing 52

PYMNTS

DECEMBER 15, 2020

Buyers, too, are eager for change and need to adopt accounts payable (AP) methods that are easily managed by employees working from home. The push toward modernization does not stop at fund transfers, either, and companies are adopting digital supports to help them more smoothly and rapidly process invoices. About The Report.

Healthcare 107

Healthcare B2B Invoicing Accounts Payable 107

PYMNTS

JULY 3, 2018

Amid talk of enterprise digitization, discussions about paper invoices and checks persist. 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.

Accounts Payable 41

Accounts Payable Accounting Invoicing Reconciliations 41

PYMNTS

MARCH 13, 2019

This stumbling block to innovation is often visible in accounts payable (AP) departments, Corcentric SVP of Sales Daniel Andrew told PYMNTS in a recent conversation. Manual, paper-based invoicing systems are objectively worse in every metric when stacked against automated, digital AP systems that leverage straight-through processing.

Accounts Payable 44

Accounts Payable Accounting Invoicing Benchmarking 44

PYMNTS

JANUARY 13, 2021

When employees cannot be physically in an office to send or receive paper invoices and purchase orders, the ability to electronically transmit data on those documents to the appropriate business partner is key as work-from-home requirements continue. that have the leverage to require EDI adoption from their supplier base.

Invoicing 56

Invoicing Accounts Payable B2B Communication 56

PYMNTS

APRIL 11, 2019

Supply chain payment technology firm Taulia is teaming up with Google Cloud to enable an artificial intelligence-powered invoice processing solution. Described as “cognitive invoicing,” the tool allows companies to automate invoice processing regardless of file format that suppliers send.

Invoicing 65

Invoicing Leverage Technology Accounts Payable 65

Future CFO

APRIL 21, 2021

Manual AP invoicing has been outdated and inefficient for years now, so when business across the globe encountered significant disruptions, companies with digital transformation still on their to-do lists felt the impact on their operations far more than those already using automation. What has changed, and what changes are here to stay?

Accounts Payable 40

Accounts Payable Accounting Invoicing Treasury 40

PYMNTS

DECEMBER 20, 2020

Snap Accounts Payable (SnapAP) has completed the first stage of a new funding round with help from a group of Israel-based angel investors, a press release says. The intent of the round is to help SnapAP on the first stage of its planned $2 million seed stage round.

Accounts Payable 79

Accounts Payable Invoicing Manufacturing Leverage 79

PYMNTS

NOVEMBER 11, 2020

The Playbook also calls out “three-way invoice matching — in which staff must compare invoices to purchase orders and goods received notes,” and the frustrations that brings, but automation can reduce these stresses by matching these invoices automatically. Platforms Streamlining Mass Payables.

Invoicing 87

Invoicing Accounts Payable Treasury Reconciliations 87

PYMNTS

NOVEMBER 3, 2020

Everlink Payment Services is teaming with workflow solutions provider FINTAINIUM to offer B2B and B2C payments in real time, leveraging the ISO 20022 global standard, according to a press release. Palette Software has connected its accounts payable (AP) automation cloud technology with Aptean ERP , according to a Monday (Nov.

Credit Risk 88

Credit Risk B2B Accounts Payable B2C 88

PYMNTS

OCTOBER 11, 2018

based suppliers, Early Pay links vendors to an online platform to have their invoices paid before their due dates for an early payment discount. Now companies can leverage their accounts payable to reduce costs of goods and services while offering automatic, flexible payment terms to their eligible suppliers,” Cotter continued.

Invoicing 71

Invoicing Accounts Payable B2B Finance 71

PYMNTS

JANUARY 25, 2021

The four companies coming together is the result of a years-long effort to combine “organic business growth with targeted acquisitions to expand globally, reach new industries and become the first end-to-end provider of procurement, accounts payable, and accounts receivable solutions,” according to the release.

Accounts Payable 83

Accounts Payable Invoicing B2B Leverage 83

PYMNTS

NOVEMBER 10, 2020

Businesses of all sizes struggle with capital management, regardless of whether they employ staff or seek out third parties to handle their cash flows, accounts payable (AP) and accounts receivable (AR) processes and other related tasks. A study found that 74.2

Invoicing 87

Invoicing Accounts Payable Treasury Sales 87

PYMNTS

MAY 21, 2020

Payments made on credit also incur significant administrative burden on companies that must reconcile invoices — unless electronic invoicing is used. These firms (tour operators, for example) may work on credit terms and will issue payments only upon receiving invoices.

B2B 94

B2B Invoicing Accounts Payable Currencies 94

PYMNTS

NOVEMBER 18, 2016

Nexus Systems is partnering with a real estate technology company to help the industry adapt to more sophisticated accounts payable and procurement processes. To be dubbed MRI AP Automation, the new solution can automate and digitize the accounts payable process for MRI clients across Canada, South America, EMEA, Asia and New Zealand.

Accounts Payable 65

Accounts Payable Invoicing Compliance Leverage 65

PYMNTS

JANUARY 5, 2017

Ricoh Canada revealed this week the launch of its eInvoice Presentment & Payment Service, a solution to help businesses provide electronic invoices to clients and accept payment. Electronic invoicing is considered key to improving B2B payments and processes.

Invoicing 40

Invoicing B2B Accounts Payable Reconciliations 40

PYMNTS

JULY 16, 2020

Commercial card innovation continues to make big waves in the accounts payable (AP) department, as corporates and card issuers alike explore new ways to drive business spend on cards beyond business trips or ad-hoc purchases. This wasn’t the only initiative in the B2B payments space that American Express has announced this month.

Accounts Payable 64

Accounts Payable SAP B2B Invoicing 64

PYMNTS

DECEMBER 15, 2017

Complex on so many levels, especially when it comes to payments and, more specifically, invoicing, where demands for payment are tracked through paper and electronic means. Now the firm is leveraging its expertise to solve business-to-business receivables.

Invoicing 48

Invoicing Reconciliations Currencies Education 48

PYMNTS

NOVEMBER 6, 2020

Handling accounts payable (AP), accounts receivable (AR), cash flows and other capital management tasks is an inescapable reality for almost every business that deals with inventory and sales, but these commonplace processes are fraught with obstacles. About The Playbook.

Invoicing 62

Invoicing Accounts Payable Leverage Treasury 62

CFO Network

MARCH 11, 2024

Prompt Invoicing: Key to Cash Flow Stability Conversely, poor cash flow management can spell disaster, hindering growth and even leading to the demise of an otherwise viable business. One of the most common pitfalls in cash flow management for SMBs is delayed invoicing.

Accounts Payable 52

Accounts Payable Cash Flow Forecasting Invoicing Forecasting 52

PYMNTS

DECEMBER 2, 2020

Mark Aquilina , senior vice president of product and strategy at WEX , told PYMNTS that’s partly because digitization of accounts receivable (AR) lags behind that of accounts payable (AP) on the technological front. And lastly, invoicing workflows are marred by manual processing. Addressing The Chokepoints .

B2B 79

B2B Invoicing Accounts Payable Reconciliations 79

PYMNTS

JANUARY 28, 2020

Many accounts payable (AP) professionals turning to electronic payments to streamline their companies’ payment processes — specifically, how they pay invoices from suppliers — are putting virtual cards at the top of their lists, and for good reason. A recent report by PYMNTS found that 46.4

Accounts Payable 57

Accounts Payable Banking Invoicing B2B 57

PYMNTS

APRIL 14, 2020

Legacy accounts receivable (AR) and accounts payable (AP) operations aren’t only inefficient, they’re costly. could save 19 hours a week through automating eInvoice processing — and, according to the Federal Reserve, businesses are spending $9 billion every year on paper invoices.

B2B 78

B2B Accounts Payable Invoicing Accounting 78

PYMNTS

OCTOBER 10, 2018

The app will leverage Mastercard In Control for Commercial Payments, letting community banks provide a white-labeled accounts payable platform for their corporate customers. Accounts payable departments are essential to the operations of any company,” said Regal Software founder and CEO Kofi Conduah in a statement.

Accounts Payable 53

Accounts Payable Banking Invoicing Accounting 53

PYMNTS

FEBRUARY 27, 2020

In the latest Next-Gen AP Automation Tracker , a PYMNTS and Bottomline Technologies collaboration, we provide an informative deep dive into how ERP and accounts payable (AP) automation are combined to form a superior invoice-to-payment-to-reconciliation process solution with a significant financial upside for all.

Accounts Payable 56

Accounts Payable Invoicing Reconciliations Leverage 56

PYMNTS

OCTOBER 13, 2016

” Nexus offers the NexusPayables solution to automate the accounts payable process for companies starting at the beginning of their procurement activity. Its cloud-based software supports purchasing, purchase order management, approvals, invoice data capture and vendor compliance, the firm added.

Accounts Payable 62

Accounts Payable Invoicing Compliance Leverage 62

PYMNTS

AUGUST 19, 2019

The data was based on expense report, contract and invoice audit data from billions of transactions across hundreds of enterprise customers from April 1, 2019, through June 30, 2019, AppZen said. Moreover, in terms of the larger picture, more than 96 percent of enterprise spend beyond that of payroll is related to accounts payable; 3.7

Auditing 56

Auditing Accounts Payable Invoicing Healthcare 56

PYMNTS

JUNE 6, 2019

Many accounts payable ( AP ) departments are still burdened with manual, paper-based payment processes, or have implemented payment automation solutions only to find that the benefits weren’t as significant as they’d hoped. Thus, accounts payable management is all too often more art than science.

Accounts Payable 71

Accounts Payable Accounting B2B Technology 71

PYMNTS

JANUARY 15, 2020

15), Basware said it has launched InvoiceReady, a “distinct business unit” within Basware that will offer the company’s existing SMB procure-to-pay and accounts payable (AP) product suite. In a press release on Wednesday (Jan. I believe there is more potential in this business.”

Accounts Payable 52

Accounts Payable Benchmarking Invoicing Leverage 52