PYMNTS

JANUARY 28, 2021

This week's look at the convergence between accounts receivable (AR) and accounts payable (AP) finds this tactic expanding in the corporate card arena, while another FinTech aims to boost cross-border payment traceability for both payer and payee. Tat Capital Eases Card Acceptance For Vendors.

Accounts Payable 61

Accounts Payable Reconciliations B2B Accounting 61

PYMNTS

SEPTEMBER 17, 2020

This week's roundup of the convergence of accounts payable (AP) and accounts receivable (AR) takes a look at how B2B payments solution providers are considering both buyers and suppliers as a result of the pandemic. Technology that sits in between these business partners can help to accomplish both.

B2B 92

B2B Vendor Management Marketing Accounts Payable 92

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

DECEMBER 24, 2020

For years — decades, even — B2B payment leaders and innovators had been talking about the digitization of corporate payments within accounts receivable (AR) and accounts payable (AP) departments. But for many organizations, this trend had been more talk than action.

B2B 113

B2B Accounts Payable CFO Reconciliations 113

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

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. UiPath’s RPA technology links businesses with software that can deepen their automation capabilities beyond less sophisticated automation solutions.

Valuation 57

Valuation Accounts Payable Reconciliations Startups 57

Future CFO

MAY 15, 2022

A secure e-invoicing network that links a global ecosystem of business entities can come in handy. If large buyers of goods and services, such as the US, China and Japan were to further join the network, more companies will come on board and the system’s security and efficiency benefits can be extended to many more parties.

Invoicing 52

Invoicing Accounts Payable SAP Finance 52

PYMNTS

SEPTEMBER 23, 2019

Corporates have growing expectations for faster, more efficient and more secure B2B payments — whether their money is moving from one business unit to another or one country to another. Payments Speed and Security. As financial institutions gather for this year’s Sibos conference kicking off in London today (Sept.

B2B 49

B2B Banking Accounts Payable Corporate Finance 49

PYMNTS

JANUARY 14, 2020

The report is based on a survey of more than 500 financial executives at firms from numerous sectors, including professional services, construction, retail and technology. In the latest report, however, six features were viewed this way, including fraud and security (78.3 percent), improved reconciliation with enhanced data (76.7

Accounts Payable 53

Accounts Payable Reconciliations Construction Treasury 53

PYMNTS

APRIL 3, 2020

Accounts payable (AP) automation technology presents an obvious benefit to companies of all sizes and industries to boost efficiency and strategize vendor payments. A Payments Balancing Act. For LockerDome, Lewis explained that one of the most glaring areas of inefficiencies in AP processes is the supplier payment itself.

Accounts Payable 52

Accounts Payable Reconciliations Compliance Invoicing 52

PYMNTS

MAY 7, 2020

Although a recent uptick in B2B payments innovation has accelerated corporates’ migration away from the paper check, old habits die hard, and the legacy payment tool remains a mainstay in the accounts payable (AP) department.

B2B 67

B2B Accounts Payable Reconciliations Accounting 67

PYMNTS

OCTOBER 14, 2020

Looking at Working Capital – and Security. Accounts payable and receivable used to be concrete, separate operations. For example, he noted, blockchain exists as “technology looking for a problem.”). Not rethinking those workflows can be catastrophic, he warned: “If I don’t do this, I’m not going to be in business.”.

B2B 97

B2B Accounts Payable Reconciliations Economics 97

PYMNTS

JUNE 14, 2017

They include virtual cards, accounts payable automation, data analytics and other capabilities, Visa said. Bottomline Technologies, CSI globalVCard, MineralTree, Bora Payment Solutions and Priority Commercial Payments have already obtained approval to link their commercial customers with Visa’s B2B payments capabilities. “B2B

B2B 44

B2B Accounts Payable Reconciliations Accounting 44

PYMNTS

APRIL 12, 2016

The nonprofit industry has a lot to gain from this payment technology, claims a new whitepaper from vendor management consulting firm Vendor Centric. But what a commercial card can’t do as well as a virtual card is security. Speaking of the AP professional, that’s the third benefit: streamlined accounts payable processes.

Nonprofit 40

Nonprofit Accounts Payable Reconciliations Cash Management 40

PYMNTS

DECEMBER 8, 2017

“We’re thrilled to match the quality of Beanworks’ accounts payable automation user experience with a very modern portfolio of payment services.”. They’ve told us that manual reconciliation and file transfer is no longer acceptable.

B2B 40

B2B Marketing Accounts Payable Reconciliations 40

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. Similarly, Asia and Latin America are set to see a 13.2

B2B 49

B2B Reconciliations Invoicing Accounts Payable 49

Spreadym

JUNE 19, 2023

Control Accounts Payable: Effectively manage your accounts payable by negotiating favorable payment terms with suppliers, taking advantage of early payment discounts, and optimizing your inventory levels to avoid tying up excessive cash in stock. Optimize Cash Flow: Identify opportunities to enhance your cash flow.

Cash Flow Forecasting 52

Cash Flow Forecasting Invoicing Forecasting Accounts Payable 52

PYMNTS

JANUARY 19, 2017

Doing so, they say, means they get paid faster and more securely, making it worth the cost associated with card acceptance. The virtual card number is a really great technology when you have thousands of payments going out on a daily basis,” she explained. “It

B2B 46

B2B Accounts Payable Reconciliations Securities 46

PYMNTS

MARCH 29, 2018

Any FinTech operating in the procure-to-pay, vendor payments and accounts payable (AP) spaces can’t deny the fact that paper checks are a headache. With paper checks, of course, AP and accounts receivable (AR) professionals already have extra work in terms of manual data entry, reconciliation, fraud prevention and more.

B2B 43

B2B Accounts Payable Reconciliations Securities 43

PYMNTS

JANUARY 26, 2017

The company announced earlier this month that it has developed what it claims to be the world’s first technology to integrate blockchain into ERP systems like SAP. Processing corporate payments as peer-to-peer, directly on blockchains, gives for instant settlement and, therefore, real-time reconciliation and accounting,” the company said.

SAP 57

SAP Invoicing Reconciliations B2B 57

PYMNTS

DECEMBER 4, 2017

How to streamline payments between buyers and suppliers who are unaware that new technology can significantly enhance operational efficiencies? And the technology finally exists to make that happen; it simply takes some education to build awareness. PARS for a New Course.

B2B 40

B2B Invoicing Reconciliations Accounts Payable 40

Centage

SEPTEMBER 6, 2022

The familiarity of spreadsheets and their ease of use mean many employees are happy to keep working with them, even though they may create serious security risks. Below, we’ll analyze Excel spreadsheets security problems that come with spreadsheets and how implementing software can be a more effective solution.

Securities 98

Securities Cash Flow Forecasting Budgeting Forecasting 98

Centage

SEPTEMBER 6, 2022

The familiarity of spreadsheets and their ease of use mean many employees are happy to keep working with them, even though they may create serious security risks. Below, we’ll analyze Excel spreadsheets security problems that come with spreadsheets and how implementing software can be a more effective solution.

Securities 52

Securities Cash Flow Forecasting Budgeting Forecasting 52

PYMNTS

AUGUST 30, 2017

American Express is continuing its ongoing efforts to encourage businesses to pay suppliers with commercial cards in its latest accounts payable partnership. 29) it had struck a deal with Regal Software Technologies enabling businesses on the Regal platform to pay invoices with American Express Corporate Cards.

Accounts Payable 43

Accounts Payable Accounting Reconciliations B2B 43

PYMNTS

JANUARY 5, 2017

Researchers champion digital payments as a way to combat the security, speed and efficiency problems associated with paper checks. Simply put: Crooks love checks,” Mike Vigue, VP of product strategy, cyberfraud and risk management at B2B payments company Bottomline Technologies, told PYMNTS.

B2B 40

B2B Reconciliations Corporate Finance Risk Management 40

PYMNTS

NOVEMBER 3, 2020

Today in B2B, Bloomberg broadens its credit risk data pool, and two ERP solutions secure B2B payments integrations. Palette Software has connected its accounts payable (AP) automation cloud technology with Aptean ERP , according to a Monday (Nov. Plus, Everlink strikes a partnership for real-time B2B payments.

Credit Risk 88

Credit Risk B2B Accounts Payable B2C 88

PYMNTS

JANUARY 10, 2019

Even when technologies come close to addressing multiple challenges that exist today when sending, receiving and reconciling B2B payments, those benefits typically come with a cost — whether it be the interchange fees of cards or the burden of replacing legacy infrastructure.

Reconciliations 61

Reconciliations Accounts Payable B2B Accounting 61

PYMNTS

JANUARY 12, 2021

With employees seeking to use company cash in the same way they make purchases in their personal lives, T&E has experienced rapid consumerization of workflows compared to other areas of B2B payments, like accounts payable (AP). Opportunities for early payment discounts are also encouraging adoption of commercial card technology.

B2B 91

B2B Accounts Payable Reconciliations Prioritization 91

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. To that end, Bottomline Technologies Vice President of Strategy and Product Bill Wardwell said, AP automation can help. Security, of course, remains a critical concern.

Accounts Payable 46

Accounts Payable Invoicing Reconciliations Accounting 46

PYMNTS

DECEMBER 30, 2020

Accounts payable (AP) departments were no longer in the office to cut paper checks, and accounts receivable (AR) personnel were no longer in the office to receive them. That's especially true, he told PYMNTS , when it comes to capturing data from purchase orders and invoices to accelerate document processing and reconciliation.

B2B 119

B2B Accounts Payable Invoicing B2C 119

PYMNTS

DECEMBER 30, 2019

This year, B2B payments technology made strides toward speed, transparency and efficiency as service providers took advantage of a massive market opportunity: corporates’ payment demands are growing more sophisticated, yet they continue to rely on checks and legacy tools. Below, PYMNTS explores the biggest B2B payments stories of 2019.

Accounts Payable 42

Accounts Payable B2B Reconciliations Accounting 42

PYMNTS

AUGUST 5, 2019

B2B payments startup ePayRails has announced new funding to focus on further technological development of its Payment Hub. 2), ePayRails said it secured $2.45 In a press release Friday (Aug. million in Series A funding led by Aspire Fund Management, which provided $2 million.

B2B 40

B2B Startups Securities Accounts Payable 40

PYMNTS

AUGUST 8, 2018

When it comes to accounts payable, there is no shortage of FinTechs that have taken either one of these approaches in an effort to address the many pain points of the procure-to-pay cycle. Addressing that pain point can make accounts payable processes much more efficient, he noted.

Invoicing 48

Invoicing Accounts Payable Communication B2B 48

The Charity CFO

APRIL 25, 2024

In this case study, we’ll explore real stories of nonprofits who have transformed their organizations by using technology to streamline their financial infrastructure. About The Charity CFO The Charity CFO is an accounting firm specializing in serving nonprofits through outsourced accounting and fractional CFO services.

Nonprofit 52

Nonprofit Accounting CFO Auditing 52

PYMNTS

JULY 17, 2018

In a press release , the companies said they are collaborating in Canada to link businesses with virtual card payment technologies for their corporate travel and expense management needs. “Paper can be cumbersome for travelers and accounts payable teams, who often need to delay payments because required back up detail is missing. .

Accounts Payable 40

Accounts Payable Reconciliations Data Analysis Securities 40

PYMNTS

APRIL 5, 2019

The companies say that will enable commerce, secure payments and easy reconciliation between businesses on a single platform. Separately, Bill.com, in addition to securing $88 million in financing, launched a partnership with Mastercard to speed up accounts payable for joint business customers. 5G: Five G?

B2B 47

B2B SAP Accounts Payable Restructuring 47

PYMNTS

AUGUST 18, 2016

In May, 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.

Accounts Payable 40

Accounts Payable Reconciliations B2B Accounting 40