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 AppZen On The State Of Spend Auditing

PYMNTS

Firms auditing expenses through manual processes and outdated technologies risk missing the chance to flag erroneous or fraudulent submissions from vendors and employees. Deploying technology — especially artificial intelligence (AI) — can streamline the auditing process and boost cost savings significantly.

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Flywire CISO: SOC 2 Type II Audits’ Silver Lining

PYMNTS

SOC 2 was developed by the American Institute of Certified Public Accountants (also known as AICPA) and exists as an auditing process aimed at ensuring that service providers maintain and manage customer data in a safe manner. A SOC 2 Type II review will include the testing of these controls.

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Serent Capital Invests In Procurement Partners

PYMNTS

Procurement Partners , which works on procure-to-pay (P2P) services for healthcare providers, has received an investment from Serent Capital , according to a press release. Through 100 percent invoice integration, the service boasts improvements to savings, and offers a compliance audit feature that can help vendors cut spending.

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How to introduce data integrity in your regular FP&A activity?

Spreadym

Data integrity is a critical aspect of data management and is essential for maintaining the trustworthiness of data for various purposes, including decision-making, compliance, and security. Audit Trail Integrity: Maintaining an audit trail, which records who accessed and modified data, is crucial for data integrity.

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Serent Capital Starts New Fund; Bullish On B2B Payments Category

PYMNTS

The first was the investment in early December of procure-to-pay healthcare payments company Procurement Partners. Through invoice integration, the service boasts improvements to savings and offers a compliance audit feature that can help vendors cut spending. That was followed on Dec.

B2B 79
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Banking-As-A-Service, B2B eCommerce Lead Busy Week For B2B FinTech Funding

PYMNTS

Procurement Partners , a procure-to-pay technology provider designed for the healthcare industry, did not disclose how much it raised from Serent Capital when it announced the growth investment. The company supports the full purchasing cycle with invoice integration and compliance auditing capabilities.

B2B 77
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South Korea Examines Blockchain For Shipping

PYMNTS

In terms of individual company news, as reported by CNBC , McKesson’s Change Healthcare announced the acquisition of PokitDok, which has a presence in blockchain for the healthcare sector. The site noted that Change may announce a deal later in the week.