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. Trintech made the program for its Adra Suite and it became available via the Sage Intacct Marketplace.

Invoicing 52

Invoicing Accounts Payable Reconciliations Healthcare 52

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

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 66

Invoicing Accounts Payable Reconciliations B2B 66

PYMNTS

MAY 10, 2017

CSI globalVCard said Tuesday (May 9) that it struck a partnership with Visa to integrate Visa Payables Automation into the CSI globalVCard pay system Payables platform, enabling issuers of Visa cards to link their own corporate customers to the combined accounts payable offerings of both Visa and CSI globalVCard.

Accounts Payable 43

Accounts Payable Accounting Benchmarking Reconciliations 43

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 67

Invoicing B2B Accounts Payable Reconciliations 67

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 98

Invoicing General Ledger Reconciliations Budgeting 98

PYMNTS

FEBRUARY 19, 2018

Travel booking company Webjet , based in Australia, has launched a blockchain solution for the hotel industry to manage reconciliation in hotel distribution. Webjet said it estimates as much as 5 percent of hotel bookings involve a disputed invoice between parties.

Reconciliations 43

Reconciliations B2B Accounts Payable Invoicing 43

PYMNTS

FEBRUARY 1, 2021

Smooth accounts payable and receivable processes depend on the ability to easily access, manage and interpret payments data, but complex workflows and old-school tools can get in the way. Reconciliation Challenges. Modern automation and integrations can make it unnecessary to swap between many different applications.

Accounts Payable 93

Accounts Payable Reconciliations Invoicing Treasury 93

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. “This combination increases data accuracy, and shortens payment cycles.”

Accounts Payable 83

Accounts Payable Banking Invoicing B2B 83

PYMNTS

SEPTEMBER 17, 2019

Instead, taking a look at the latest solutions to emerge on the market shows various applications for speed in commercial transactions, from faster deposits for small businesses, to virtual cards enabling faster invoice payments for suppliers. Chase Accelerates SMB Bank Deposits. Marie Aloisi in a statement.

Accounts Payable 43

Accounts Payable B2B Accounting Invoicing 43

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 53

Reconciliations Invoicing Finance Economics 53

PYMNTS

FEBRUARY 24, 2020

For the accounts payable (AP) and enterprise resource planning (ERP) automation space, it’s no longer business as usual. That volume meant that the firm struggled with time-consuming invoicing and a lack of transparency under legacy operations, requiring 20 to 30 employees to manually input data into its corporate system.

Accounts Payable 89

Accounts Payable Invoicing Education Reconciliations 89

PYMNTS

JULY 10, 2019

FLEETCOR -owned Cambridge Global Payments has announced the launch of its Invoice Automation Solution. The service automatically extracts data from invoices, PDFs and other trade documents and automates accounts payable while storing payables information for reconciliation and accounting.

Foreign Exchange 64

Foreign Exchange Accounts Payable Invoicing Reconciliations 64

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

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. Many still use manual invoicing systems that can slow payment processes. Interest in cloud-based payables automation was hot before the pandemic.

Reconciliations 67

Reconciliations Invoicing Accounts Payable Auditing 67

PYMNTS

JULY 10, 2019

Lisa Lansdowne-Higgins, vice president of business deposits and treasury solutions at the Royal Bank of Canada (RBC), recently told PYMNTS that these three disruptors have a significant opportunity to shake up accounts payable processes thanks to the impact they have on data. Open Banking.

B2B 62

B2B Accounts Payable Mergers and Acquisitions (M&A) Reconciliations 62

PYMNTS

OCTOBER 20, 2020

Stampli , which works in accounts payable automation, has debuted a new feature called Stampli Direct Pay which a press release says will let companies pay invoices with ACH or from their own bank accounts. The release goes on to list some of the factors making Stampli Direct Pay different from other such services.

Accounts Payable 57

Accounts Payable Invoicing Reconciliations Communication 57

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. Via its cross-border reconciliation network, Flywire can collect and reconcile those payments immediately and accurately.

Invoicing 48

Invoicing Reconciliations Currencies Foreign Exchange 48

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.

Accounts Payable 87

Accounts Payable Invoicing Treasury Reconciliations 87

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 63

Accounts Payable Invoicing Reconciliations Accounting 63

PYMNTS

OCTOBER 5, 2020

“The shift I have seen there,” she told PYMNTS of healthcare firms, “that was most effective is providers [the vendors] had their way of going through the process either from an [accounts payable] or [accounts receivable] perspective.”. Comdata, she said, has mimicked the flow from claims to invoice to payment to reconciliation.

Healthcare 130

Healthcare B2B Reconciliations Accounts Payable 130

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. Again, noted Fordyce, this can take many forms — from automating invoice reconciliation to addressing a user’s resource constraints.

Accounts Payable 127

Accounts Payable B2B Reconciliations Banking 127

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.

B2B 82

B2B Accounts Payable Invoicing Reconciliations 82

PYMNTS

DECEMBER 30, 2020

The shift toward contextual banking has a tailwind in place as the financial institutions (FIs) that have been market leaders have been seeing strong deposit growth — and as corporate customers are growing those balances, they want to be able to see their account activity and cash balances visible within the same application on demand.

Banking 97

Banking Accounts Payable Treasury Reconciliations 97

PYMNTS

OCTOBER 1, 2020

The partnership will give Visa clients access to straight-through processing and an automatic reconciliation process, which will help expand card use and participation, the release stated. He said that while corporates might have already been using cards for things like travel payments, using them to settle supplier invoices has been rare.

Accounts Payable 74

Accounts Payable Reconciliations B2B Invoicing 74

PYMNTS

MAY 28, 2020

HighRadius Founder and CEO Sashi Narahari said in the announcement, “We launched the RadiusOne B2B Network to facilitate suppliers and AR teams to digitally connect with their buyers and AP [accounts payable] teams for faster processing of receivables and payments. Currently, the network has millions of active businesses.

Technology 52

Technology Reconciliations Accounts Payable Credit Risk 52

PYMNTS

MARCH 3, 2020

It’s not difficult for a supplier to tell when accounts receivable (AR) processes are not optimized. Late payments, invoice disputes and even fraud are all glaring red flags of AR inefficiencies and friction. Invoice-to-Cash Optimization. Yet managing this information is key to receiving payment.

Accounting 74

Accounting Invoicing Reconciliations B2B 74

PYMNTS

JULY 23, 2020

GEP , which works in procurement and supply chain strategy, has launched its new accounts payable (AP) solution, which will help automate AP services through cloud technology, artificial intelligence (AI) and machine learning (ML), according to a press release.

Accounts Payable 56

Accounts Payable Invoicing Reconciliations B2B 56

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 64

Accounting Accounts Payable B2B Reconciliations 64

CFO Talks

MARCH 20, 2024

The Controller is primarily responsible for the meticulous handling of accounts payable and receivable, including the timely payment of invoices and the collection of monies owed. They also seek to capitalize on available discounts for accounts payable, issue billings promptly, and diligently calculate job costs.

CFO 52

CFO Accounts Payable Financial Analysis Auditing 52

PYMNTS

FEBRUARY 7, 2019

A press release revealed that the company will make its automated accounts payable (AP) solution available to U.K. The solution integrates artificial intelligence (AI), robotic process automation (RPA), machine learning, deep learning and other technologies to automate invoice processing for accelerated, accurate invoice payments.

Accounts Payable 49

Accounts Payable Marketing Invoicing Reconciliations 49

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

The Charity CFO

FEBRUARY 4, 2022

Create invoices for goods, services, and donations. Enter bills and vendor invoices. Prepare bank reconciliations. Allocate revenue and expenses to restricted fund accounts . Prepare the data accountants used to create income statement, balance sheet, and cash flow statement. Invoicing . Manage payroll .

Nonprofit 98

Nonprofit Invoicing General Ledger GAAP 98

PYMNTS

DECEMBER 11, 2019

Yet, as innovators have chip away at friction points, they have recognized the value of incorporating a supplier’s accounts receivable (AR) experience into their solutions. That’s because AR and accounts payable (AP) processes are intrinsically connected. “The person receiving it is just happy to get paid.”

B2B 53

B2B Accounts Payable Invoicing Currencies 53

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 46

B2B Accounts Payable Reconciliations Cash Management 46

PYMNTS

OCTOBER 2, 2019

As payments giants like Visa and Mastercard shift the innovation spotlight onto B2B transactions, developers of new accounts payable solutions are ushering in a growing trend: designing payment tools not just for the payer, but for the B2B supplier as well. Discover Targets Reconciliation Data. Vroozi Pay Eyes Vendor Relations.

Accounts Payable 52

Accounts Payable B2B Invoicing Reconciliations 52

PYMNTS

FEBRUARY 19, 2020

With speed being the most obvious value proposition of real-time payments capabilities, it’s not difficult to imagine that corporate payers would be eager to embrace faster payments functionality in their accounts payable (AP) departments. And for many firms, that’s exactly what they’re beginning to do. ”

Accounts Payable 114

Accounts Payable Invoicing Reconciliations B2B 114