PYMNTS

SEPTEMBER 22, 2020

The artificial intelligence (AI) technology considers features like logos and fonts instead of only the text, which lets it more effectively find patterns and bolster accuracy, according to the announcement.

Accounts Payable 85

Accounts Payable Accounting SAP Invoicing 85

PYMNTS

JULY 3, 2020

Accounts payable (AP) teams and other financial functions of the enterprise were some of the hardest hit by the disruption caused by the global pandemic. “Companies are increasingly looking to more efficiently manage the accounts payable process,” he said.

Accounts Payable 85

Accounts Payable Accounting Banking Invoicing 85

Future CFO

MARCH 29, 2021

FutureCFO spoke to Marcus Rex, managing director for Asia-Pacific, xSuite, for his perspective on how finance automation in general, and accounts payable in particularly, can help transform finance into a profit centre. Myths around accounts payable (AP) automation. Recurring pain points in accounts payables.

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PYMNTS

MARCH 18, 2020

Employing accounts payable (AP) automation solutions can help smooth onboarding and streamline the data collection and analyzing processes, removing the many friction points that are prone to legacy systems. How a business begins a relationship with a supplier can determine how lasting — and profitable — that bond becomes.

Accounts Payable 66

Accounts Payable Accounting Invoicing Data Analysis 66

PYMNTS

JUNE 12, 2019

Among these new services, the top focus is real-time payments (55 percent), followed by same-day ACH (44 percent) and blockchain-based networks (35 percent), according to Bottomline Technologies’ 2019 B2B Payments Survey. They understand the payments space, they understand the settlement systems, they understand accounts payable,” he said.

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PYMNTS

DECEMBER 4, 2019

Accounts payable FinTech Finexio has announced $2.5 “Having the financial support and domain expertise of senior financial technology and banking executives will help us execute our vision even more rapidly, with the added benefit of experience, perspective and long-term relationships,” he added.

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PYMNTS

JULY 22, 2020

“Technological advancements have paved the way for businesses to adopt automated solutions in less than 30 days, with no massive ERP system upgrade projects required.”. where they account for 75 percent of all invoices. Fool me once, shame on you. Fool me twice? However, in the wake of COVID-19, that may no longer be an option.

Accounts Payable 60

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PYMNTS

AUGUST 8, 2019

The competition is heating up between payment technologies in accounts payable, with ACH and virtual cards seeing significant pushes in the B2B payments space to combat the dreaded paper check. Which will come out on top?

Accounts Payable 57

Accounts Payable Accounting B2B Reconciliations 57

PYMNTS

JULY 3, 2019

Cost containment solution provider Palmarius Advisors is rolling out an accounts payable (AP) automation solution designed to generate revenue and enhance spend control for corporate users. The company did not reveal details on how it mitigates accounts payable fraud or introduces business users to a new revenue stream with its tool.

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Accounts Payable Accounting Invoicing Reconciliations 40

PYMNTS

NOVEMBER 15, 2018

A new report from Software-as-a-Service (SaaS) firm Inspyrus suggested that chief executive officers and accounts payable (AP) professionals aren’t seeing eye to eye on AP technology, and organizations are failing to upgrade their AP processes and tools as a result.

Accounts Payable 63

Accounts Payable Accounting Invoicing Finance 63

PYMNTS

DECEMBER 17, 2018

The company said its Kodak Services for Business will include invoice automation as the company pushes for further accounts payable (AP) automation capability. Automation is on the rise in accounts payable, as AP professionals seek ways to reduce manual processes and instead focus on more strategic initiatives.

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Accounts Payable Invoicing Accounting Technology 49

PYMNTS

MARCH 31, 2020

To make the complete payables process smarter, global payables automation company Tipalti unveiled its Tipalti Pi integrated payables intelligence engine, according to a press release. The solution identifies fraud and risk, bolsters decision making, automates manual work and eliminates accounts payable (AP) process errors.

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PYMNTS

MARCH 21, 2019

Zion Market Research released a report about the accounts payable software market on Wednesday (March 20), estimating the market will reach about $1,567 million by 2025, according to a release by the company. Cloud-based technology will also be a factor that spurs growth in some countries. percent between 2019 and 2025.

Accounts Payable 52

Accounts Payable Accounting Marketing Startups 52

PYMNTS

MARCH 28, 2019

Xerox is strengthening its position in the accounts payable services space with a new suite of business solutions. “Powered by our technologies, software and Managed Print Services (MPS) expertise, Xerox Services allows our clients to better compete in a rapidly changing market environment.”

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Accounts Payable Accounting Invoicing Healthcare 43

PYMNTS

JANUARY 29, 2019

Straight-through processing (STP) is the gold standard for accounts payable (AP) departments. For businesses that do experience a high volume of exceptions, the AP department can remain a manual area of the enterprise, even with technological adoptions.

Accounts Payable 64

Accounts Payable Accounting Invoicing Technology 64

PYMNTS

MAY 2, 2019

Innovation for accounts payable is often an afterthought, but automated solutions can efficiently onboard customers, cut back on errors and eliminate paper-based invoicing systems. In technology, Visa has been investing in artificial intelligence (AI) as well as data, and Apple beat analysts’ estimates for the second quarter.

Accounts Payable 46

Accounts Payable Accounting Invoicing Startups 46

Future CFO

APRIL 21, 2021

So, what does the New Accounts Payable department look like? The cost of paper and time wasted on low-value, manual tasks have been key drivers behind the growing shift to digital AP processes as AI-driven technologies continue to advance. Accounts payable is in a different position today than it was only a matter of months ago.

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PYMNTS

AUGUST 12, 2019

In a press release last week, Compeat said Compeat Pay automates vendor payments by using virtual cards, ACH and check payments to enhance the security of accounts payable. Our internal accounting team was so excited about the new payments solution that we now use it to pay our vendors,” he said.

Accounts Payable 43

Accounts Payable Accounting Securities Banking 43

PYMNTS

FEBRUARY 14, 2019

Cloud-based accounts payable solution provider Esker is teaming up with document services unit Fuji Xerox to deploy accounts payable solutions across the Asia Pacific region, the companies announced on Wednesday (Feb. Moving forward the firms will expand the offering to Australia, Hong Kong and Singapore.

Accounts Payable 43

Accounts Payable Accounting Invoicing Construction 43

Future CFO

OCTOBER 2, 2024

As the landscape of artificial intelligence adoption in accounting evolves, it is noted that there is no single approach being taken. According to the Association of Chartered Certified Accountants , as organisations are at various stages of AI integration, there is no single application that the majority of sectors are pursuing.

Accounting 52

Accounting Data Analysis Accounts Payable Auditing 52

PYMNTS

NOVEMBER 1, 2018

Accounts payable (AP) solution provider Yooz has struck a strategic partnership with SnapCheck to address the friction of companies paying suppliers by check. ” Roughly 50 percent of U.S. businesses pay their suppliers via check, according to Association for Financial Professionals (AFP) data.

Accounts Payable 53

Accounts Payable Accounting Invoicing B2B 53

PYMNTS

APRIL 17, 2020

Smooth accounts payable (AP) processes are critical in the spice business, in which purveyors must send funds securely to vast numbers of distributors and growers worldwide. … We don’t write it down even, [but] it’s all in our accounts payable [system],”. That’s why we have all the accountabilities we have.”.

Accounts Payable 60

Accounts Payable Securities Accounting Invoicing 60

PYMNTS

JULY 3, 2018

New research suggests a vast divide between businesses that have embraced technology and electronic processes in the accounts payable department and businesses that instead prefer to retain those paper invoices and checks. Amid talk of enterprise digitization, discussions about paper invoices and checks persist.

Accounts Payable 41

Accounts Payable Accounting Invoicing Reconciliations 41

PYMNTS

OCTOBER 5, 2016

Today, accounts payable firm MineralTree announced a collaboration with Visa with a goal of helping corporates pay their suppliers by virtual card. Krishna said MineralTree and Visa have accounted for this by integrating a supplier enrollment and onboarding capability onto their solution.

Accounts Payable 73

Accounts Payable Accounting B2B Invoicing 73

PYMNTS

MARCH 10, 2020

Management solutions company Cegid has teamed up with artificial intelligence (AI) process automation company Esker to form a technological partnership agreement, according to a Tuesday (March 10) release. “In This OEM alliance brings together the expertise of two software leaders in their respective fields.

Accounts Payable 69

Accounts Payable Accounting Invoicing Technology 69

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

MAY 2, 2018

As corporate buyers embrace the strategic value of a stronger relationship with suppliers, finance executives are paying more attention to the technologies used to pay vendor invoices. “Accounts payable users have to deal with separate apps and separate processes, but there is no need for such overlap.”

Accounts Payable 46

Accounts Payable Accounting Invoicing B2B 46

Navigator SAP

MARCH 18, 2024

In this video demonstration, we'll show you the difference between the traditional, manual way of processing invoices in SAP and the power of automating this process using SAP Business Technology Platform (BTP). Get ready to see how SAP AP Automation can transform your Accounts Payable department, boosting efficiency and accuracy!

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SAP Invoicing Accounts Payable Accounting 173

PYMNTS

MARCH 13, 2019

This stumbling block to innovation is often visible in accounts payable (AP) departments, Corcentric SVP of Sales Daniel Andrew told PYMNTS in a recent conversation. But it really requires a willingness to stop and look at the technology, and what it can do for accuracy. Over time, he noted, accounts payable isn’t costing money.

Accounts Payable 44

Accounts Payable Accounting Invoicing Benchmarking 44

PYMNTS

JUNE 21, 2016

The heat of competition has hit record levels in the financial services and technology space. If corporate treasurers and CFOs want to help their businesses grow, they must now think strategically and use the technologies to support their goals. “They want it automated. ” It seems simple enough.

Accounts Payable 42

Accounts Payable Accounting SAP Corporate Finance 42

The Charity CFO

OCTOBER 9, 2024

Modern nonprofit leaders are always looking for ways to use technology to make everyday tasks easier. One of the most sought-after tools is a platform or software to integrate your fundraising and accounting data seamlessly. Instead, accounting software prioritizes accuracy, standardization, and regulatory compliance.

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PYMNTS

MAY 10, 2017

CSI globalVCard said Tuesday (May 9) that it struck a partnership with Visa to integrate Visa Payables Automation into the CSI globalVCard pay system Payables platform, enabling issuers of Visa cards to link their own corporate customers to the combined accounts payable offerings of both Visa and CSI globalVCard.

Accounts Payable 43

Accounts Payable Accounting Benchmarking Reconciliations 43

https://trustedcfosolutions.com/feed/

FEBRUARY 12, 2023

For finance specifically, things can become messy without the appropriate technology to view, track, and report on KPIs. That’s why dashboards are quickly becoming one of the most powerful and streamlined approaches to strong accounting. How Can a Dashboard Strengthen Accounting? What is a Dashboard?

Accounting 105

Accounting Accounts Payable Finance Financial Reporting 105

PYMNTS

FEBRUARY 6, 2018

Most companies today have at least some kind of automation in place within the accounts payable (AP) department. Automation in accounts payable can go a lot further, though, he said. Unfortunately, because AP is a back-office function, it’s often not the first target for a technology overhaul.

Accounts Payable 40

Accounts Payable Accounting Invoicing Analyzing Data 40

PYMNTS

MARCH 23, 2016

Accounts payable solution Anybill is getting closer to existing partner Intacct in an effort to streamline the flow of financial data between the two platforms. An announcement on Tuesday (March 22) said Anybill has extended its venture with Intacct, which provides ERP software.

Accounts Payable 40

Accounts Payable Accounting Invoicing Financial Systems 40

PYMNTS

FEBRUARY 26, 2020

That means emerging services are multitasking, easing friction for both accounts payable and accounts receivable. Below, PYMNTS explores the latest initiatives and finds that innovators are looking at the accounts receivable side to tackle accounts payable friction. Tipalti Reallocates The Workload.

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Accounting Accounts Payable Invoicing General Ledger 72

CFO Thought Leader

OCTOBER 31, 2024

Inside The Mentoring Round, CFO John Gronen discusses Yooz’s strategic investment in AI and machine learning to enhance accounts payable (AP) automation, fraud detection, and efficiency. He also shares insights on the evolving role of CFOs, focusing on risk management, technological adaptation, and scaling operations.

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Risk Management CFO Accounts Payable Invoicing 52