PYMNTS

OCTOBER 18, 2016

In B2B payments, the paper check is an especially persistent problem that can yield inefficiencies both on the accounts payable and accounts receivable ends. According to data from PaySimple , it costs businesses an average of $1.22 The cost of preparing an invoice to send out to a client can be as high as $11.50

Accounting 69

Accounting Accounts Payable Invoicing B2B 69

PYMNTS

OCTOBER 30, 2019

The artificial intelligence-based accounts payable company Stampli has raised $25 million in a Series B funding round, the company announced Wednesday (Oct. Stampli redefines invoice management by turning the invoice into a communication tool allowing AP to seamlessly collaborate with all departments and external vendors.”.

Accounts Payable 50

Accounts Payable Accounting Invoicing Communication 50

PYMNTS

OCTOBER 5, 2020

“We’re seeing increased costs to have security around the printing of checks, and what I’ll call ‘the old ways,’” said Joiner. Against that backdrop, companies are re-evaluating and redesigning their entire supply chains, cost management life cycles and other processes across all industries from healthcare to manufacturing.

B2B 130

B2B Healthcare Reconciliations Accounts Payable 130

Future CFO

AUGUST 14, 2024

Reimagined cost control Sanford says cutting too deeply into your teams and their capabilities can damage your growth opportunities, and creates disgruntlement in remaining staff. Keeping costs manageable in an era where inflation is a near-constant threat and outside costs are rising is necessary."

Accounts Payable 52

Accounts Payable Accounting Finance Invoicing 52

PYMNTS

MAY 21, 2020

The new reality will be marked by low bookings; tight margins; financial pressures on online travel agents; and the need for cost management. Payments made on credit also incur significant administrative burden on companies that must reconcile invoices — unless electronic invoicing is used.

B2B 94

B2B Invoicing Accounts Payable Currencies 94

PYMNTS

NOVEMBER 30, 2020

The release stated the partnership will let companies pay costs via a credit card, while accessing on-demand liquidity alongside cost management tools. Nets will provide the full-scale solution with a corporate credit and debit solution using digital services, enterprise card management and security tools, the release stated.

B2B 64

B2B Invoicing Cost Management Currencies 64

PYMNTS

MAY 21, 2020

MicroTech , which provides information technology services to government entities, is partnering with cost management tool CostPerform , in order to boost functionality for IT payment processes, according to a press release.

B2B 56

B2B Invoicing Education Budgeting 56