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

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

DECEMBER 28, 2020

The banks are typically focused on what might be deemed more “traditional” workflows within the accounts payable (AP) department — marked by payment files coming out of enterprise resource planning (ERP) systems, where manual processes and legacy technologies have been hallmarks. Where The Banks Are Focused .

B2B 86

B2B Accounts Payable Treasury Reconciliations 86

PYMNTS

NOVEMBER 13, 2019

In the drive to manage accounts payable (AP) more efficiently, buyers can not only optimize their own working capital, they can help suppliers, too. With a nod to the partnership model, the Bottomline Technologies VP said FinTechs have helped drive the evolution of accounts payable automation. The Digital Roadmap.

Accounts Payable 46

Accounts Payable Invoicing Reconciliations Accounting 46

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.

B2B 79

B2B Invoicing Accounts Payable Reconciliations 79

PYMNTS

OCTOBER 17, 2017

17), Visa said it is tackling that issue through a new partnership with accounts receivable (AR) and cash management company Billtrust. Together, the companies will enable streamlined payment reconciliation, facilitated by automated virtual card (v-card) payments in a solution built for financial institutions and their corporate clients.

Reconciliations 47

Reconciliations Accounts Payable B2B Cash Management 47

PYMNTS

DECEMBER 5, 2019

After all, money exits a company through more than one avenue, whether it be via the accounts payable department or a firm’s own employees. Understanding businesses’ biggest payment pain points requires a wide line of sight.

Accounts Payable 52

Accounts Payable B2B Problem Solving Nonprofit 52

PYMNTS

OCTOBER 20, 2020

In the bid to modernize B2B payments , accounts receivable (AR) and accounts payable (AP) need to work together. Bloh said that direct connectivity can enable real-time confirmation of invoice information and real-time reconciliation of payments, among other activities.

B2B 104

B2B Accounts Payable Treasury Invoicing 104

PYMNTS

JANUARY 5, 2017

The tool integrates into existing accounts receivable and accounts payable platforms, the company said, adding that the new solution looks to aid in common issues of B2B payments, including misplaced invoices, manual reconciliation and chasing down outstanding payments.

Invoicing 40

Invoicing B2B Accounts Payable Reconciliations 40

PYMNTS

SEPTEMBER 12, 2018

We found that by helping large corporates de-risk their supply chains with their accounts payable and reconciliation processes, we were able to leverage the relationship with their supplier network to reach a large number of suppliers,” he told PYMNTS about how Portal links up with multiple members of a single supply chain.

Finance 40

Finance Accounts Payable Invoicing Reconciliations 40

PYMNTS

MAY 24, 2016

The firm revealed the rollout of its commercial payment solution, TSYS Virtual Payment Precept (VPP), a virtual payment tool for accounts payable and accounts receivable to streamline reconciliation and heighten risk controls in the B2B payments space, the company said.

B2B 41

B2B Securities Accounts Payable Reconciliations 41

PYMNTS

OCTOBER 14, 2020

Accounts payable and receivable used to be concrete, separate operations. At the end of the day, he said, every company (regardless of size or focus) should endeavor to know exactly how cash is flowing in and out of accounts, and what liquidity positions are in real time (which, of course, requires real-time data exchanges).

B2B 97

B2B Accounts Payable Reconciliations Economics 97

PYMNTS

SEPTEMBER 23, 2019

Open banking is incentivizing banks to open up data in ways to promote product innovation and industry competition, but financial institutions stand to gain significantly from leveraging the data they hold. trillion suspended between accounts receivable and accounts payable as those payment terms lengthen and B2B sales are made on credit.

B2B 49

B2B Banking Accounts Payable Corporate Finance 49

PYMNTS

OCTOBER 2, 2019

Then, he added, from disbursements, faster payments adoption will bleed from disbursements to B2B accounts payable (AP) transactions — domestic to begin with, then branching out across borders. “A There’s a bit of heavy lifting involved, he acknowledged.

B2C 81

B2C B2B Accounts Payable Invoicing 81

PYMNTS

DECEMBER 15, 2017

On a good day, managing the ebb and flow of supply chains, accounts receivable and accounts payable can be challenging; on a bad day, juggling all those spinning plates becomes a nightmare. 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

OCTOBER 10, 2017

Although the rate of adoption is good, corporates are not leveraging all the benefits of the digital transformation to provide new propositions to their clients, to help them move away from checks and increase overall efficiency in reconciliation and fraud,” the report concluded. Across mature APAC, however, CAGR remains at 7.3

B2B 49

B2B Reconciliations Invoicing Accounts Payable 49

PYMNTS

JANUARY 13, 2021

All too often, he said, bringing automated payments processes and reconciliation, as well as improved cash collections, are not viewed as offering significant enough returns on investment. By leveraging this kind of intelligence, staff can be optimized,” Shields said of AI and other technologies.

Accounting 94

Accounting Invoicing B2B Treasury 94

PYMNTS

JUNE 22, 2016

In B2B payments, accounts payable automation is a hot topic, as are the challenges AP professionals face when it comes to paying suppliers and managing the data from those transactions. Nearly half of the companies surveyed by the institution said they still use spreadsheets for AR reconciliation.

Accounting 42

Accounting Invoicing Reconciliations Accounts Payable 42

PYMNTS

SEPTEMBER 20, 2018

But the card associations, he said, continue to “tweak” interchange rates as suppliers get better at capturing level 3 data, which leads to lower fees and helps to streamline the reconciliation processes. It is finding that mix of providing value to both stakeholders that is key.”. The Supplier Onboarding Conundrum. “We

Accounts Payable 76

Accounts Payable Invoicing Reconciliations B2B 76

PYMNTS

DECEMBER 20, 2018

While a stubborn reluctance among businesses to let go of manual processes in accounts payable and accounts receivable continues to hold the industry back, it doesn’t provide the whole story of why electronic B2B payments adoption still struggles to get off the ground. . Trust us: Your supplier is going to love it, too.’

B2B 65

B2B Accounts Payable Invoicing Reconciliations 65

PYMNTS

SEPTEMBER 12, 2019

There’s also the age-old, seemingly inevitable push and pull of managing accounts receivable and accounts payables. firms are owed in accounts receivable on any given day. For some MSTS customers, credit as a service can be leveraged to expand their market share and enhance customer service.

B2B 45

B2B Accounts Payable Invoicing B2C 45

PYMNTS

SEPTEMBER 12, 2018

“We found that by helping large corporates de-risk their supply chains with their accounts payable and reconciliation processes, we were able to leverage the relationship with their supplier network to reach a large number of suppliers,” Caicedo told PYMNTS.

Finance 40

Finance Accounts Payable Invoicing Reconciliations 40

PYMNTS

JANUARY 19, 2017

As more businesses leverage virtual cards to execute and reconcile their supplier payments, we team with payment providers like Nvoicepay to help make business payments as simple and straightforward as consumer payments,” stated Mastercard Senior Vice President of Commercial Products Eugene DeSilva in a statement released yesterday (Jan.

B2B 46

B2B Accounts Payable Reconciliations Securities 46