PYMNTS

JULY 3, 2020

Accounts payable (AP) teams and other financial functions of the enterprise were some of the hardest hit by the disruption caused by the global pandemic. “Companies are increasingly looking to more efficiently manage the accounts payable process,” he said.

Accounts Payable

PYMNTS

OCTOBER 5, 2016

Today, accounts payable firm MineralTree announced a collaboration with Visa with a goal of helping corporates pay their suppliers by virtual card. Proponents of push payments highlight their ability to automatically reconcile payments, because the amount charged on the card is always equal to the amount stated on the invoice.

Accounts Payable

PYMNTS

JULY 27, 2020

Although there are countless ways a cybercriminal can swindle funds from a company — either from the outside or within — it’s often the invoice at the center of the crime. This week’s Data Digest looks at the latest in B2B payments fraud and the invoice’s role in supplier payment redirect scams, credential theft and more.

Invoicing

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

PYMNTS

DECEMBER 3, 2020

Intelligent automation supplier Kofax has announced new innovations for its invoice and accounts payable (AP) solutions, according to a press release. That, according to Kofax, shows a focus among business leaders on using more automation to boost operational efficiency, according to the release.

Accounts Payable

PYMNTS

DECEMBER 28, 2020

Nacha is issuing a warning to accounts payable professionals with regards to the rising threat of fraud. But accounts payable is far from the only back-office financial workflow at risk of fraud. The DOJ accuses the individual of fraudulently invoicing more than $1.5 Department of Justice revealed. 577,577.63

B2B

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. Which will come out on top?

Accounts Payable

PYMNTS

MAY 12, 2020

To automate accounts payable (AP) procedures, Ephesoft, Inc. rolled out its Semantik Invoice cloud-based data acquisition product. ” The reader technology of Ephesoft recognizes important fields like invoice date, ship date and terms, among other data. .” days, AP processing is ripe for innovation.”

Invoicing

PYMNTS

JANUARY 13, 2021

Expense management technology provider Medius and international eDocument service company Pagero have collaborated to help companies handle digital invoices. The new collaboration lets their joint customer base get and handle digital invoices in different formats throughout the world, according to a Wednesday (Jan. 13) announcement.

Invoicing

PYMNTS

MARCH 10, 2020

“In order to provide its customers with even better service, Cegid wanted to give them the opportunity to fully automate their supplier invoicing management processes. The integration with Esker provides all the functions necessary for reliable and efficient processing of supplier invoices,” the release said.

Accounts Payable

PYMNTS

DECEMBER 14, 2020

Amid market volatility, organizations are finding it imperative to accelerate their accounts receivables while extending accounts payables and still maintaining positive buyer-supplier relationships. Most of the companies I talk to in the middle market will use one of the big ERPs and invariably pull the data into Excel.

Accounts Payable

PYMNTS

DECEMBER 10, 2019

Accounts payable invoice automation provider Invoice Stream is integrating its technology into payments services provided by Usio. In a statement, Usio EVP and Chief Revenue Officer Vaden Landers said the costs and friction associated with receiving and paying paper invoices create a struggle for companies today.

Invoicing

Future CFO

AUGUST 14, 2024

Angeline Mesny Sanford , senior manager, channel marketing at Bottomline Technologies , says lessons on cost control that is back in fashion, not just in finance but across the business; digital processes and payments that need to be embraced, now more than ever; and transforming the way businesses pay suppliers must be properly looked into.

Accounts Payable

PYMNTS

JUNE 17, 2020

To provide small companies with accounts payable (AP) automation, Medius is bringing its MediusGo invoice automation product to the American market. Introducing MediusGo to the US market marks another important milestone on the Medius growth journey,” Medius Chief Executive Per Åkerberg said in the announcement. “I

Invoicing

PYMNTS

JUNE 25, 2020

As accounts payable (AP) and accounts receivable (AR) operations continue to converge for many organizations, buyers and suppliers are increasingly acknowledging the value of using each other’s technology platforms to promote stronger B2B relationships. Peasy recently launched in the U.K.

Invoicing

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. In both AR and AP departments, invoices change many hands and departments as they move through the approvals process.

Invoicing

PYMNTS

FEBRUARY 28, 2020

Purchase, invoice and transaction data are invaluable to the journey of digitization and automation, but organizations are increasingly recognizing that the value can only be realized if that data can integrate seamlessly across platforms. B2B payments market. Going Further With Open Banking.

Accounts Payable

PYMNTS

AUGUST 19, 2020

With B2B payments being an increasingly attractive target for innovators, the landscape is growing crowded as more banks and FinTechs roll out their accounts payable (AP) automation solutions. Offering competitive pricing is critical in today’s market, as businesses’ budgets are growing tighter.

Accounts Payable

PYMNTS

NOVEMBER 3, 2020

The company has connected its SecurePay payment gateway solution within the accounting platform, allowing for SMBs to generate invoices and receive payment without having to leave QuickBooks. According to Yakov, it can certainly support digitization of B2B payments, with SecurePay able to support both ACH and card transactions. "I

Invoicing

PYMNTS

OCTOBER 20, 2020

Accounts payable and payments automation solution MineralTree has added automated PO and invoice matching for cloud-based accounting and financial management platform Sage Intacct , a press release says.

Invoicing

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

NOVEMBER 26, 2020

These firms are also looking to process invoices faster and more efficiently, and they are adopting automations that can rapidly interpret invoice-related information and flow it into their systems. . That means leaving old-fashioned AR methods behind, as many corporate clients no longer want to receive invoices in the mail. . “It

Invoicing

PYMNTS

JANUARY 20, 2021

Among the largest is the ongoing use of paper and manual workflows like invoice processing. Manual invoicing is your worst enemy,” said Ramachandran, highlighting its risks and challenges related to fraud, errors and inefficient auditing.

B2B

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.

Invoicing

PYMNTS

OCTOBER 11, 2016

For years, accounts payable has had a reputation for being slow, manual and inefficient. A report released by the B2B payments company this month, conducted by TechValidate Market Research, found that the majority of companies are still depending on manual processes in their accounts payable routines.

Accounts Payable

PYMNTS

DECEMBER 22, 2020

This week's look at the convergence of accounts payable and accounts receivable finds tools like commercial cards, trade credit, artificial intelligence and robotics process automation easing friction on both ends of a B2B transactions. PYMNTS And CSI Eye AR-AP's Digital Shift. Boost Gives Suppliers A Voice In Card Acceptance.

Accounts Payable

Future CFO

MARCH 16, 2022

According to the company’s assistant finance manager Kausalyaa Somosundaram , the exercise was primarily aimed at allowing the company to track its bookkeeping – both accounts receivables (ARs) and accounts payables (APs) – from one place. Kausalyaa Somosundaram. What is very interesting about this app is the automation process.

Finance

PYMNTS

JUNE 23, 2020

Large companies may receive thousands of monthly invoices that must be processed quickly and economically, and firms of all sizes need to track payment obligations and issue funds. The accounts payable (AP) automation market is expected to grow from $1.6 on average to process a single invoice in 2019, for example.

Accounts Payable

PYMNTS

JANUARY 6, 2021

ReadSoft Online, the release stated, is Kofax's Software-as-a-Service (SaaS) tool for invoice data extraction and automating accounts payable (AP) services. The two companies combined will offer a new service for AP departments to help reduce invoice processing time by as much as 80 percent, the release stated.

Accounts Payable

PYMNTS

NOVEMBER 5, 2020

Transacting with vendors through paper checks and receiving paper invoices have become more difficult due to postal service disruptions, companies’ shifts to working out of office and financial strains, however. percent from 2020 to 2027. Find more on these and all the rest of the latest headlines the report.

Invoicing

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 25, 2019

Shifting away from paper-based accounts payable (AP) practices could be a game-changer for many organizations. Several companies recently launched new solutions that utilize artificial intelligence (AI) and machine learning (ML) to quickly and seamlessly capture data and expedite invoice processing.

Accounts Payable

PYMNTS

FEBRUARY 26, 2020

Many are turning to enterprise resource planning (ERP) tools with accounts payable (AP) automation to harness both solutions’ abilities and level up their businesses’ values. Research predicts the global ERP software market to grow double-digit percentage points over the next several years, reaching $70.3 billion by 2025.

Invoicing

PYMNTS

OCTOBER 29, 2018

Accounts payable (AP) automation certainly has the potential to transform the invoice-to-pay process by allowing employees to turn their attention from monotonous, manual tasks to more value-added ones. “Old suppliers are constantly dropping off, and new suppliers are continually being added.

B2B

CFO Simplified

JUNE 23, 2022

Reconciles the bank accounts. Codes and processes Accounts Payable invoices. Issues Accounts Payable checks. Identifies key performance indicators (KPIs) specific to the market that the company operates in. Calculates and enters payroll. Provides reporting to banks. Responsible for AR Collections.

CFO

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. SnapAP works on solutions to streamline the Procurement to Payment workflow for mid-tier and enterprise market clients.

Accounts Payable

PYMNTS

APRIL 17, 2020

Venture capitalists focused their support on corporate lending, payroll and accounts payable technologies, but it was a cross-border B2B payments company that landed the lion’s share of this week’s VC funding. Cerebro Capital. For exceptions, the platform routes the document for human intervention.

B2B