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. However, it’s not necessarily the ability to pay suppliers in real-time that has companies enticed.

Accounts Payable 43

Accounts Payable B2B Accounting Invoicing 43

Future CFO

AUGUST 1, 2023

The demand for mobile wallets, online banking services, and the increasing adoption of digital technologies has led to the expansion of the financial applications market in Asia/Pacific. As a result, the market for cloud-based financial applications in the region will witness significant growth in the coming years. "As

Invoicing 98

Invoicing General Ledger Reconciliations Budgeting 98

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 127

Accounts Payable B2B Reconciliations Banking 127

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 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

FEBRUARY 28, 2020

One of the latest FinTech firms to do so is accounts payable (AP) automation company Centsoft , which recently announced a data integration with QuickBooks Online. It’s one thing to enable two B2B FinTech platforms — like an accounts payable and accounting platform — to share data with each other.

Accounts Payable 83

Accounts Payable Banking Invoicing B2B 83

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

OCTOBER 8, 2019

Visa has teamed up with business expense management firm Payment Logic to support the use of commercial cards in accounts payable for Australian businesses. Yak Pay is owned by Payment Logic, reports explained, with Visa providing product design and go-to-market strategy expertise. Reports in IT Wire on Monday (Oct.

Accounts Payable 57

Accounts Payable Reconciliations Accounting Startups 57

Future CFO

OCTOBER 24, 2021

There is a lack of scalable solutions in the market, which makes supply chain financing out of reach for many businesses, MasterCard said. As a result, only the largest suppliers can access working capital solutions, while trillions of dollars are tied up in accounts receivable each year, the firm pointed out.

Finance 52

Finance Accounts Payable Reconciliations Accounting 52

PYMNTS

JULY 10, 2019

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 28, 2021

As solution providers position innovative commercial payment solutions in the market, they're increasingly having to benefit both buyers and suppliers. Data from the transaction is integrated into the accounting solution to streamline reconciliation.

Accounts Payable 61

Accounts Payable Reconciliations B2B Accounting 61

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

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

JUNE 11, 2020

Cash is king, and today, cash flow management is an imperative function for large corporations and small businesses — many of which continue to struggle with the market volatility and business disruption caused by the COVID-19 pandemic. HighRadius Connects AR-AP For Mid-Market. ”

B2B 52

B2B Accounts Payable Cash Flow Forecasting Reconciliations 52

PYMNTS

JUNE 16, 2020

That’s true in terms of getting gig work solutions to market, and as a core characteristic of those solutions. 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. Manual Reconciliation, Begone.

Reconciliations 67

Reconciliations Invoicing Accounts Payable Auditing 67

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

DECEMBER 8, 2017

The businesses will target mid-market business customers and create a B2B payments hub through Beanworks’ existing BeanPay platform. We’re thrilled to match the quality of Beanworks’ accounts payable automation user experience with a very modern portfolio of payment services.”.

B2B 40

B2B Marketing Accounts Payable Reconciliations 40

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

JUNE 9, 2020

With accounts payable (AP) departments no longer able to step into their offices to print, sign and send checks, supplier payments quickly moved to the center of companies’ modernization discussions. But according to Anderson, there are other ways corporates can further mitigate the friction of modernizing accounts payable.

Accounts Payable 53

Accounts Payable Reconciliations CFO Accounting 53

CFO Talks

MARCH 20, 2024

Without a CFO fully focused on the future and driving strategic financial planning, the company risks becoming stagnant, unable to adapt to changes in the market or capitalize on new opportunities. 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

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

OCTOBER 22, 2020

A perfect storm of market shifts catalyzed by the global pandemic has forever changed the B2B payments landscape. Billtrust CEO and Founder Flint Lane highlighted three shifts in particular that are igniting major change in the industry: first, the accelerated digitization of accounts receivable (AR) and accounts payable (AP).

B2B 89

B2B Education Reconciliations Accounts Payable 89

PYMNTS

OCTOBER 27, 2016

26) its latest tool, APConnector, as a way to automate and digitize accounts payable, while integrating that process into existing ERP systems. “APConnector removes a primary barrier to virtual card adoption: accounts payable system integration,” explained Bob Kaufman, U.S. The bank announced Wednesday (Oct.

Accounts Payable 62

Accounts Payable Reconciliations Treasury B2B 62

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

DECEMBER 15, 2020

But there are other pain points in B2B payments for the legal cannabis market, according to Doug Gordon , executive vice president and head of LeafLink Financial. Legal cannabis is generally a new industry, as Gordon discussed, meaning the market is dominated by startups. Challenges 'On Steroids'.

B2B 111

B2B Accounts Payable Startups Invoicing 111

PYMNTS

AUGUST 11, 2020

From a lack of supplier acceptance of electronic payments to outdated infrastructure within accounts payable (AP) departments, the B2B payments ecosystem still has much room for improvement on multiple fronts. “You can’t just take an accounts payable view of things,” said Phalen. ”

B2B 110

B2B Accounts Payable Reconciliations Healthcare 110

PYMNTS

FEBRUARY 27, 2018

“Regardless of the reason, these methods can pose problems, including reduced spend visibility, making it difficult to both track and enforce policy compliance and to perform back-office functions, such as reconciliation and reimbursement as well,” said GBTA Foundation Director of Research Monica Sanchez in a statement when the report was published.

B2B 41

B2B Marketing Accounts Payable Reconciliations 41

PYMNTS

NOVEMBER 19, 2019

Commercial payments company WEX has announced a partnership with order-to-cash solution provider Billtrust in an effort to address accounts payable (AP) friction for its clients. “We’re pleased to partner with Billtrust to solve for the ‘last mile’ of automated settlement and reconciliation. .”

Accounts Payable 51

Accounts Payable B2B Reconciliations Accounting 51

PYMNTS

FEBRUARY 5, 2020

In this week’s examination of the latest in commercial card innovation, PYMNTS uncovers how service providers are emphasizing how card technology can ease friction pre- and post-payment, from promoting employee spend compliance to streamlining supplier reconciliation. market, including Tide and Soldo. Citi Targets Customer Service.

Reconciliations 53

Reconciliations Accounts Payable B2B Compliance 53

PYMNTS

SEPTEMBER 19, 2018

A robotics process automation (RPA) startup has just secured a $3 billion valuation as B2B FinTech continues to explore how the technology will disrupt the market. A press release issued Tuesday (Sept. 18) said CapitalG and Sequoia Capital led the $225 million Series C round for UiPath.

Valuation 57

Valuation Accounts Payable Reconciliations Startups 57

PYMNTS

OCTOBER 28, 2020

Expense management and accounts payable (AP) automation company Emburse has rolled out Emburse Cards and Tallie Travel to offer a simple way for clients to handle their travel and out-of-pocket expenditures, according to a Wednesday (Oct. 28) announcement.

Accounts Payable 49

Accounts Payable Reconciliations Currencies Accounting 49

The Finance Weekly

MARCH 13, 2022

For example, among publicly traded firms worldwide, seven of the top eight firms by market capitalization in May 2020 had been backed by venture capital prior to their initial public offerings: Alphabet, Apple, Amazon, Facebook, and Microsoft in the United States, and Alibaba and Tencent in China.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Investments CFO Accounts Payable 52

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

NOVEMBER 26, 2020

Many companies are choosing one of many options for automated processes offered in the market in which electronic invoices are received and validated using technology such as [optical character recognition], robotics and other advanced automation,” Vodicka said. . Ripple Effects: AR Modernization.

Invoicing 67

Invoicing B2B Accounts Payable Reconciliations 67

PYMNTS

MARCH 3, 2020

The proliferation of this available data makes the onboarding process even more crucial than it’s ever been — particularly if you’re selling something that’s got an after-market demand,” he said. Invoice-to-Cash Optimization. The Outsourcing Decision.

Accounting 74

Accounting Invoicing Reconciliations B2B 74

PYMNTS

MARCH 16, 2018

“By taking action now, accounting firms can propel their business to the next level and deliver more value — especially to SME [small and medium-sized enterprise] clients,” Zervides stated. However, in order for accountants to remain relevant in an intensely competitive market, a new paradigm and mindset is needed.”.

Accounting 53

Accounting Accounts Payable Reconciliations Leadership 53

PYMNTS

DECEMBER 5, 2019

The creation of credit card infrastructure 60 years ago initially had the consumer in mind, but recent history has shown that investments in card technology are capturing a greater share of the B2B payments market. Tackling Supplier Misconceptions.

Accounts Payable 53

Accounts Payable B2B Reconciliations Accounting 53