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Palette Unveils AP Automation Software For Construction Firms

PYMNTS

Palette Software unveiled accounts payable (AP) automation technology that is designed for firms in the construction and engineering industries and run on the cloud, according to an announcement. The firm said companies in the space have unique needs when it comes to handling supplier and vendor invoices.

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Tipalti Bolsters Accounts Payable Platform With AI-Powered Pi

PYMNTS

The technology works in the background to provide correct approval routing and general ledger (GL) coding at the bill as well as bill line level. The technology also is designed to identify and lessen the impacts of issues such as validating supplier profile and payment data as well as pinpointing possible fraud risk.