PYMNTS

DECEMBER 7, 2017

AeroFund has formed AeroPay Express , a unit that provides virtual procurement cards that act as a line of credit to business payers, as well as vendor management services. Vendors pay a fee to accept the virtual card payment. We’ll get that done by providing immediate cash and pass along the savings.”.

Accounts Payable 40

Accounts Payable Vendor Management B2B Invoicing 40

PYMNTS

MARCH 26, 2018

The rise of the gig economy means companies can access a wide array of vendors, but an increasing volume of suppliers can lead to complications in the accounts payable department, the company explained, adding that the average large enterprise sees 90 percent of service vendors accounting for just 5 percent of overall spend.

Accounts Payable 43

Accounts Payable Vendor Management B2B Startups 43

PYMNTS

NOVEMBER 9, 2016

“The risk exposure varies greatly,” the senior manager of fund accounting strategy for Abila told PYMNTS. Abila recently rolled out updates to its nonprofit accounting software offerings with these trends in mind. Just like any organization, accounting has to be efficient, accurate and compliant.

Compliance 69

Compliance Nonprofit Accounts Payable Vendor Management 69

PYMNTS

OCTOBER 22, 2020

Companies are therefore reconsidering their accounts payable (AP) and accounts receivable (AR) strategies, including everything from how they place orders to how they pay for them. Vendors that want to reach business clients overseas must have the right strategies and tools in place to tackle various concerns.

Invoicing 63

Invoicing B2B Foreign Exchange Accounts Payable 63

PYMNTS

SEPTEMBER 14, 2018

B2B payments today cause many significant challenges for AP/AR [accounts payable/accounts receivable] departments. Launched by AeroFund last year , AeroPay Express offers virtual procurement cards that link payers to a line of credit and vendor management solutions.

B2B 49

B2B Accounts Payable Vendor Management Risk Management 49

PYMNTS

JANUARY 29, 2020

Another major hurdle unique to the purchase-to-pay space is the process’s deep touch points with an array of other back-office functions within the enterprise, including vendor management, product sourcing, accounts payable, accounting, inventory management, contract management, manufacturing and distribution, and more.

Banking 52

Banking Accounts Payable Vendor Management Reconciliations 52

PYMNTS

SEPTEMBER 19, 2018

government taking additional measures to combat late payments, it’s possible that FinTech firms may have an even greater availability of information about organizations’ accounts payable (AP) practices, particularly following the adoption of Open Banking and PSD2 regulations. With the U.K.

Invoicing 64

Invoicing Accounts Payable Finance Vendor Management 64

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. According to Vendor Centric, there are four key benefits for nonprofits when it comes to the v-card.

Nonprofit 40

Nonprofit Accounts Payable Reconciliations Cash Management 40

PYMNTS

OCTOBER 14, 2016

. “By embedding our Working Capital Terms’ digital loans directly into QuickBooks, we make financing available to our customers when and where they need it most to pay vendors, simplifying the payments process and reducing time spent reconciling accounts.”

Finance 74

Finance Vendor Management Reconciliations B2B 74

PYMNTS

JULY 14, 2016

It can provide greater security and risk mitigation capabilities to a company, while others point to supplier management’s ability to lead to faster B2B payments. It may also help the accounts payable process operate more efficiently.

Auditing 40

Auditing Accounts Payable B2B Invoicing 40