PYMNTS

FEBRUARY 15, 2019

Barclaycard and SAP are partnering up to accelerate B2B payments, the companies announced today (Friday, Feb. The integration will roll out later this year with the addition of Precisionpay Bank Transfer within the SAP Ariba platform. ” SAP Managing Director for U.K. ” SAP Managing Director for U.K.

SAP 46

SAP B2B Construction Invoicing 46

PYMNTS

DECEMBER 14, 2020

Globality said that its “Strategic Services Connector” extensions for SAP Ariba Buying and Invoicing, in addition to SAP® Ariba® Contracts, are accessible through the online marketplace for SAP partner products called the SAP App Center, according to a Monday (Dec. 14) announcement.

SAP 63

SAP B2B Invoicing Sales 63

PYMNTS

MARCH 16, 2020

A new Goldman Sachs deal will allow more companies to work with with the wide swathe of businesses using SAP’s Ariba Network , which boasts trillions of dollars in commerce transactions annually, according to a press release. In addition, the deal will allow better reconciliation of payments with the matching invoices.

SAP 99

SAP Foreign Exchange Reconciliations Currencies 99

PYMNTS

MAY 1, 2019

Payments solution provider Delego is rolling out its invoice presentment and payment solution, PayCenter, a SAP-integrated tool, to digitize and streamline accounts receivable. Delego’s PayCenter offers Delego RapidPay, which supports ACH, card, digital wallet and other payment methods when invoices are presented.

Invoicing 54

Invoicing SAP B2B Manufacturing 54

PYMNTS

JANUARY 11, 2021

Today in B2B payments, the SBA releases guidance for the next round of PPP loans, while xSuite secures Peppol invoice certification. Plus, TripActions announces ERP integrations, FortisPay acquires Swype and Goldiam launches a B2B eCommerce platform in the U.S. Singapore Grants eDoc Firm xSuite Peppol Certification for Invoices.

B2B 55

B2B Securities SAP Invoicing 55

PYMNTS

FEBRUARY 18, 2020

India’s HDFC Bank has teamed up with Mastercard and SAP Concur to manage corporate travel and expense management, according to a report by The Economic Times. Mastercard and SAP Concur, an invoice management company, will provide support for the card.

SAP 60

SAP Invoicing Compliance Budgeting 60

PYMNTS

APRIL 22, 2020

To provide vendors with control over how and when they receive their payments, the Qwil Supplier Payment Optionality Solution has become available on the SAP App Center. The technology is integrated with the SAP Fieldglass solution per an announcement. In December, news surfaced that Qwil notched $24.4

SAP 52

SAP Vendor Management Invoicing Currencies 52

PYMNTS

SEPTEMBER 5, 2019

Corporate travel and expense management solution provider SAP Concur announced an expansion in India thanks to the renewal of its existing partnership with Thomas Cook. Together with Thomas Cook India, we aim to transform the way organizations manage their business travel, expense and invoice in a highly visible marketplace.”.

SAP 49

SAP Invoicing Accounts Payable Accounting 49

Bramasol

JUNE 30, 2023

Artificial Intelligence Revolution Extends into B2B Although artificial intelligence applications such as machine learning (ML) and robotic process automation (RPA) already have been in wide usage for B2B (business-to-business) markets, the revolution spurred by new generative AI has added fuel to the enterprise adoption of artificial intelligence.

SAP 78

SAP B2B Leverage Analyzing Data 78

PYMNTS

JANUARY 15, 2020

Less than three years after acquiring travel search startup Hipmunk , SAP Concur has announced that it will shutter both the consumer- and corporate-facing operations of the platform. 14) said that SAP Concur notified Hipmunk employees that morning. Reports in PhocusWire on Tuesday (Jan.

SAP 52

SAP Invoicing Startups B2B 52

PYMNTS

OCTOBER 9, 2019

Enterprise content services provider Hyland is enhancing the integration of its OnBase ERP platform with SAP to strengthen accounts payable automation capabilities, the company said in a press release Tuesday (Oct.

SAP 46

SAP Accounts Payable Invoicing Accounting 46

PYMNTS

MARCH 18, 2020

Goldman Joins SAP Ariba Network. Goldman Sachs recently announced that it will offer its Global Payments capabilities on the SAP Ariba Network, a solution designed to enable faster, more affordable cross-border B2B payments. The solution targets U.S. 1st Commercial Credit Discusses Payables Finance.

B2B 67

B2B Accounts Payable SAP Invoicing 67

PYMNTS

MARCH 24, 2017

B2B FinTech is taking advantage of bot technology across use-cases, from SME banking to accounting. SAP Ariba has just become the latest to add to this trend and is pulling the hype over chatbots into the world of procurement. Plans for its procurement bot were revealed at its SAP Ariba Live conference.

SAP 54

SAP B2B Invoicing Compliance 54

PYMNTS

NOVEMBER 26, 2019

Source-to-pay solution provider Basware now offers its business automation resources on the SAP App Center , the digital marketplace for systems applications and product (SAP) partner offerings, Basware announced on Tuesday (Nov. The program offers SAP technologies through one global OEM contract.

SAP 60

SAP Accounts Payable Banking Technology 60

PYMNTS

JANUARY 25, 2019

This week, Barclays and Santander InnoVentures demonstrated traditional banks’ interest in alternative finance when they led a nearly $34 million equity fundraise for invoice financing platform MarketInvoice. The company will also focus on customer acquisition and enhancement of its machine learning use, reports said.

Invoicing 76

Invoicing Finance SAP B2B 76

PYMNTS

DECEMBER 17, 2019

As well, more personalization seems likely to come to the business-to-business (B2B) side of the equation. Part the push for B2B personalization comes from the fact that many B2B participants are simply getting younger, and are bringing their desires and expectations for personalization into the B2B realm, at least according to one report.

B2B 53

B2B B2C SAP eCommerce 53

PYMNTS

DECEMBER 1, 2020

All pertinent payment data is shared with linked ERP technologies like Wodis Yuneo, Wodis Sigma, Blue Eagle and SAP RE-FX. With AEPP, we are offering companies a decisive building block on which they can optimize their own processes towards platform-centric B2B process management,” Fahrner said. In separate news, U.S.

B2B 60

B2B Banking SAP Invoicing 60

PYMNTS

JUNE 20, 2019

Indeed, as B2B organizations begin to pay closer attention to the rising threat of fraud in the procure-to-pay process, the issue of false positives can result in similarly negative consequences, from declined card payments to broken vendor relationships. This isn’t merely an issue for the B2C world, however.

B2B 73

B2B Accounts Payable Invoicing B2C 73

PYMNTS

DECEMBER 17, 2019

As well, more personalization seems likely to come to the business-to-business (B2B) side of the equation. Part the push for B2B personalization comes from the fact that many B2B participants are simply getting younger, and are bringing their desires and expectations for personalization into the B2B realm, at least according to one report.

B2B 54

B2B B2C SAP eCommerce 54

PYMNTS

JUNE 4, 2019

Procurement and corporate payments firm SAP Ariba has reportedly ended its supply chain finance agreement with PrimeRevenue. Reports in Supply Chain Finance Briefing on Saturday (June 1) said the agreement between SAP Ariba and PrimeRevenue, which was first announced in 2016 , has quietly ended.

SAP 40

SAP Finance B2B Invoicing 40

PYMNTS

AUGUST 30, 2018

VAI will now link corporate customers to SAP Concur solutions, including Concur Expense, Concur Invoice and Concur Travel. SAP Concur’s solutions include accounts payable, expense management, invoice automation, travel booking, mileage tracking and other tools. . million deal.

SAP 40

SAP Accounts Payable Invoicing Compliance 40

PYMNTS

MAY 1, 2017

This week we take a look at the quarterly results from major B2B companies including SAP and FICO, along with other FinTech players like Bottomline Technologies, Mitek Systems and Chrome River. Shares were up 8 percent in the week prior to SAP’s announcement, reports said. Mitek Systems saw an impressive 13.29

SAP 40

SAP Numbers B2C Profit and Loss 40

PYMNTS

JUNE 24, 2020

The software company said firms in the construction industry have special needs in terms of processing vendor and supplier invoices, and its technology tackles some of the daily challenges that project managers and administrators encounter, per an announcement. It then puts the invoice information into a dashboard.

Construction 75

Construction Accounts Payable Invoicing SAP 75

PYMNTS

JULY 21, 2020

With accounts payable (AP) solutions increasingly paying attention to supplier needs, commercial card technologies have expanded their focus on both the AP and accounts receivable (AR) side of B2B transactions. We’re very often talking about a $10,000 invoice being paid, and for a supplier to pay 2.5 SAP ERP Integrates With ezyCollect.

SAP 70

SAP Accounts Payable B2B Reconciliations 70

PYMNTS

SEPTEMBER 22, 2020

To automate the transformation of machine-readable PDFs to digital invoices, Basware has rolled out SmartPDF AI in the newest expansion of its SmartPDF offering. The tool uses information taken from past invoices through a cutting-edge machine learning (ML) model, according to a Tuesday (Sept. 22) announcement.

Accounts Payable 85

Accounts Payable Accounting SAP Invoicing 85

PYMNTS

SEPTEMBER 3, 2020

When it comes to B2B payments and supply chain management , many of those opportunities have surfaced as a result of some troubling vulnerabilities that have come to light in the midst of the pandemic. Key to the success of AR automation, however, is a strategy that "engages clients in order to collect their overdue invoices."

Accounts Payable 78

Accounts Payable SAP B2B Auditing 78

Bramasol

MARCH 4, 2022

In recent years, XaaS has proliferated into an ever-widening range of B2B and B2C business models across the Digital Solutions Economy. As shown below, these include Customer Engagement, Order Creation & Management, Delivery & Fulfillment, Billing & Invoicing, Payments & Collections, and Revenue Compliance.

SAP 94

SAP B2C Manufacturing Treasury 94

PYMNTS

JULY 30, 2020

The company’s collection of AI bots for the AP process now include bots for cost allocation, fraud detection, invoice reading and inbox managing. ” Zycus aims to reduce existing AP operations expenses for very large companies that receive many yearly invoices by half, according to an announcement.

Accounts Payable 60

Accounts Payable SAP Invoicing Construction 60

PYMNTS

AUGUST 28, 2019

banks as clients, and its takeover will enable AvidXchange to bridge its invoice-to-payment accounts payable technology to those bank customers via BankTEL. According to a press release , the company counts about 20 percent of U.S. He noted BankTEL was founded in 1992.

Accounts Payable 59

Accounts Payable Banking Invoicing SAP 59

PYMNTS

JANUARY 26, 2017

Cross-border payments, trade finance, smart contracts — blockchain has the potential to disrupt B2B processes, but FinTech players are only beginning to take these concepts onto a real-world stage. For one firm, Finlync , the key to unlocking the potential of blockchain in B2B processes is unlocking the underlying data of that activity.

SAP 57

SAP Invoicing Reconciliations B2B 57

PYMNTS

FEBRUARY 1, 2021

1) press release , saying the acquisition will provide the company with access to new automation options and better visibility for B2B processes, among other benefits. For accounts receivable (AR) automation, American Express recently teamed up with AR software company Invoiced, to offer discounted AR automation tech to AXP merchants.

Accounting 43

Accounting Accounts Payable SAP B2B 43

PYMNTS

AUGUST 12, 2020

Palette allows these firms to ingest invoice information from suppliers in an expedient fashion, handle invoices with an automated process for approvals, and provides a trail that auditors can examine. The firm said companies in the space have unique needs when it comes to handling supplier and vendor invoices.

Construction 69

Construction General Ledger (GL) Accounts Payable General Ledger 69

PYMNTS

JUNE 22, 2016

Oil and gas is big business, with monumental funds at stake when it comes to B2B transactions. One of the most popular, Mullaney said, is SAP ERP and SAP Ariba. Knowing this, ExceleratedS2P recently rolled out its latest SAP Ariba add-on geared specifically for the oil and gas industry.

B2B 40

B2B SAP Accounts Payable Invoicing 40

PYMNTS

NOVEMBER 21, 2018

Supply chain payments company Tradeshift is reportedly vying for an acquisition of Finnish eInvoicing and B2B payments company Basware. A few weeks later, in August, Basware announced the addition into its solution of NetworkPay, which supports B2B payments for companies receiving eInvoices via Basware.

Mergers and Acquisitions (M&A) 51

Mergers and Acquisitions (M&A) SAP B2B Valuation 51

PYMNTS

SEPTEMBER 25, 2019

Organizations without automated accounts payable systems routinely deal with stacks of unpaid invoices and limited visibility into outstanding expenses,” said AvidXchange Co-Founder and CEO Michael Praeger in a statement. The company is also making it easier for users to access cleared check images within NetSuite.

Accounts Payable 55

Accounts Payable SAP Invoicing Accounting 55

PYMNTS

MARCH 21, 2019

For many companies, the accounts payable (AP) process is mired in paper, but technology, properly deployed, can cut down the paper chase, streamlining the journey between getting invoices and paying them. Such initiatives should drive eInvoicing, he said, with integration to state-owned hubs through which invoices must be validated.

Accounts Payable 48

Accounts Payable Invoicing Compliance SAP 48

PYMNTS

DECEMBER 16, 2019

According to Kieley, even large, multinational organizations not yet large enough to deploy SAP or Oracle ERPs continue to rely on manual quote management processes. Often, said Kieley, that manual process leads to errors that can slow down the process through which companies pay their invoices. Automation’s Bottom Line Impact.

Accounts Payable 53

Accounts Payable Invoicing SAP B2B 53