PYMNTS

SEPTEMBER 22, 2020

Once applied to a customer’s historical invoices, the AI learns and improves even more each time, but again, with very little human interaction required, saving the accounts payable team a tremendous amount of time,” Nikula said.

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

FEBRUARY 11, 2024

As a result of ongoing inflation, economic disruption, and the lowest growth project from The International Monetary Fund (IMF) since 1990, many Accounts Payable (AP) departments are being tasked with driving cost reductions and improving operational efficiency to increase company profitability and workforce productivity.

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Accounts Payable Accounting SAP Economics 52

Future CFO

JANUARY 26, 2024

The outcome is boosted efficiency, increased accuracy, cost reduction, and stronger supplier relationships—a game-changer in Accounts Payable that allows finance leaders to navigate uncertain economic conditions and elections with confidence. The post Transforming accounts payable operations through AI appeared first on FutureCFO.

Accounts Payable 52

Accounts Payable Cash Flow Forecasting Accounting Invoicing 52

CFO Share

MARCH 31, 2023

The accounts payable aging (AP) report shows when and how much you owe vendors. Why is an Accounts Payable Report valuable? When managing cash flow problems, your accounting team or accounts payable service will know what vendors might stop services or put you on credit hold. Pay appropriate bills.

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Accounts Payable Accounting Prioritization Invoicing 52

CFO Share

JULY 19, 2023

The biggest challenges facing accounts payable are chaos, maintenance cost, and fraud. Bring order to Accounts Payable. Accounts payable is a non-revenue-generating expense which best in class businesses minimize. Minimize fraud risk Accounts payable is the number one source of fraud in small businesses.

Accounts Payable 52

Accounts Payable Accounting Auditing Invoicing 52

Future CFO

AUGUST 14, 2024

AP (Accounts Payable) automation empowers organisations to regain control over their finances by automating tedious manual tasks that burn through staff time, such as line-item matching for invoices, payment reviews, and approvals, Sanford says.

Accounts Payable 52

Accounts Payable Accounting Finance Invoicing 52

CFO Dive

MARCH 14, 2024

The card network giant wants to simplify payment processes for CFOs, accounts payable staff and procurement professionals, via the new tie.

Accounts Payable 147

Accounts Payable Accounting 147

Navigator SAP

MARCH 18, 2024

Get ready to see how SAP AP Automation can transform your Accounts Payable department, boosting efficiency and accuracy! Exception Handling : We'll also show how BTP intelligently flags potential issues with confidence levels, ensuring human oversight only when necessary.

SAP 171

SAP Invoicing Accounts Payable Accounting 171

Strategic Treasurer

APRIL 3, 2023

Episode 247 Becoming a Treasurer Series, Part 26: Languages of Finance: Accounts Payable What problems arise when treasury and accounts payable misunderstand each other? Topics discussed include preparation, what needs to be measured, effective communication, development of a team, and acquirement of resources needed.

Accounts Payable 52

Accounts Payable Accounting Finance Treasury 52

Future CFO

MARCH 27, 2023

To curb rogue spending, businesses need to rethink how the accounts payable (AP) process can be improved. A phased approach to automate accounts payable, reduce rogue spending, and conserve cash certainly would be a good start. The post Rein in rogue spending by automating accounts payable appeared first on FutureCFO.

Accounts Payable 52

Accounts Payable Accounting Invoicing Compliance 52

PYMNTS

NOVEMBER 9, 2020

I think when the pandemic hit in early March, it really put a gun to the head of many companies by taking what have been Byzantine processes around accounts payable or accounts receivable and moving to much more digital means,” Jay Dearborn , president, corporate payments of WEX Inc. told PYMNTS. And apparently, he’s not alone.

Accounts Payable 109

Accounts Payable B2B Treasury Accounting 109

PYMNTS

DECEMBER 9, 2020

Bill.com and Wells Fargo are partnering on a new feature called Bill Manager to help small- to medium-sized businesses (SMBs) access automation for the accounts payable (AP) and accounts receivable (AR) process, according to a press release emailed to PYMNTS.

Accounts Payable 113

Accounts Payable Invoicing Accounting Banking 113

PYMNTS

DECEMBER 14, 2020

Amid market volatility, organizations are finding it imperative to accelerate their accounts receivables while extending accounts payables and still maintaining positive buyer-supplier relationships. Accounts receivable and accounts payable are two key functions of the enterprise with significant impact on cash flow.

Accounts Payable 123

Accounts Payable Cash Flow Forecasting Invoicing Prioritization 123

PYMNTS

DECEMBER 28, 2020

Nacha is issuing a warning to accounts payable professionals with regards to the rising threat of fraud. But accounts payable is far from the only back-office financial workflow at risk of fraud. While current fraud tools are helpful, there is no systemic or automated option for accomplishing this," Nacha warned.

B2B 116

B2B Accounts Payable Invoicing Manufacturing 116

PYMNTS

JULY 14, 2020

American Express has launched a new automated accounts payable solution, American Express One AP, to help businesses digitize B2B payment processing, according to a press release.

B2B 101

B2B Accounts Payable Invoicing Accounting 101

PYMNTS

AUGUST 19, 2020

With B2B payments being an increasingly attractive target for innovators, the landscape is growing crowded as more banks and FinTechs roll out their accounts payable (AP) automation solutions. The competition is undoubtedly heating up. “To combine those two might be the best way to go,” he said.

Accounts Payable 127

Accounts Payable B2B Reconciliations Banking 127

PYMNTS

DECEMBER 13, 2020

Paymerang , which works in accounts payable (AP) automation, has debuted its new Invoice Automation Solution, which a press release stated will help organizations with efficiency, accuracy, visibility and getting rid of manual paper processes.

Invoicing 112

Invoicing Accounts Payable Risk Management Budgeting 112

CFO News

AUGUST 13, 2023

Annual reports, account payables, treasury management, forecasting, and legal are some areas where CFOs are trying and discovering the use cases for generative AI (artificial intelligence) in their organisation.

Accounts Payable 97

Accounts Payable Treasury Forecasting Finance 97

Future CFO

JULY 21, 2021

This touches on both accounts receivables and accounts payables of their business cycle. Having been in the industry for more than 25 years, he stressed even before the pandemic there was already a lot of inefficiencies in existing business processes, including how they manage receivables and payables.

Accounts Payable 95

Accounts Payable Finance Communication Accounting 95

PYMNTS

DECEMBER 22, 2020

This week's look at the convergence of accounts payable and accounts receivable finds tools like commercial cards, trade credit, artificial intelligence and robotics process automation easing friction on both ends of a B2B transactions. PYMNTS And CSI Eye AR-AP's Digital Shift. Robotics Process Automation Tackles AR-AP Friction.

Accounts Payable 79

Accounts Payable B2B Invoicing Accounting 79

PYMNTS

NOVEMBER 25, 2020

Accounts payable (AP) automation software firm Beanworks has rolled out a function for expense reimbursements to assist companies in automating how they get and handle staffer expenditures, according to an announcement. Supervisors can look over receipts and give the go-ahead for reimbursements from anywhere.

Accounts Payable 84

Accounts Payable Invoicing Accounting Finance 84

PYMNTS

OCTOBER 6, 2020

The pandemic has upended supply chains, and upended accounts payable (AP) processes – requiring companies of all sizes and types to move toward digital (and high-tech-powered) means to transform back-office functions.

Invoicing 93

Invoicing Accounts Payable Auditing Accounting 93

PYMNTS

JULY 7, 2020

With a focus on its broader treasury management offerings, People’s United is adding MineralTree’s invoice-to-pay solution and FIS’s integrated payables technology to streamline business clients’ accounts payable processes.

Banking 96

Banking Accounts Payable Treasury Finance 96

PYMNTS

DECEMBER 16, 2020

Most companies in other industries have simpler accounts payable (AP) responsibilities because they only need to make B2B payments to several dozen regular vendors, but claims processors do not have that same certainty and stability. Benefits Of Virtual Cards.

Healthcare 81

Healthcare Accounts Payable Reconciliations B2B 81

PYMNTS

MARCH 5, 2020

The BOTs will allow procurement and accounts payable (AP) teams to automate tasks considered mundane or repetitive. One of the tasks that will be able to be automated is invoice intake, in which key data will be automatically extracted.

Accounts Payable 97

Accounts Payable Invoicing Technology Accounting 97

PYMNTS

DECEMBER 20, 2020

Snap Accounts Payable (SnapAP) has completed the first stage of a new funding round with help from a group of Israel-based angel investors, a press release says. The intent of the round is to help SnapAP on the first stage of its planned $2 million seed stage round.

Accounts Payable 79

Accounts Payable Invoicing Manufacturing Leverage 79

CFO Simplified

JUNE 23, 2022

Reconciles the bank accounts. Codes and processes Accounts Payable invoices. Issues Accounts Payable checks. Here’s a list of ten tactical things that a controller does: Maintains the company’s bank balance. Calculates and enters payroll. Provides reporting to banks. Responsible for AR Collections.

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CFO Cash Flow Forecasting Accounts Payable Forecasting 96

PYMNTS

NOVEMBER 3, 2020

Palette Software has connected its accounts payable (AP) automation cloud technology with Aptean ERP , according to a Monday (Nov. Palette Software Integrates With Aptean ERP For B2B AP Automation. 2) announcement. The connection will let firms that have invested in Aptean digitize their AP processes with Palette's offering.

Credit Risk 88

Credit Risk B2B Accounts Payable B2C 88

PYMNTS

DECEMBER 13, 2020

This is a huge step in our mission to simplify [accounts payable (AP)] payments for Microsoft technology users and to successfully support our shared customer and partner base," Rolfson said, according to the release.

B2B 97

B2B Accounts Payable Accounting Finance 97

PYMNTS

DECEMBER 16, 2020

Accounts payable (AP) solution provider Tipalti is looking to drive commercial card adoption in B2B payments, even with vendors that don't accept cards. The card also offers a range of benefits, including discounts on logistics services, digital payment acceptance solutions, Microsoft Office 365, Twitter Ads and other offerings.

Accounts Payable 114

Accounts Payable Microsoft Office B2B Currencies 114

PYMNTS

FEBRUARY 24, 2020

For the accounts payable (AP) and enterprise resource planning (ERP) automation space, it’s no longer business as usual. Firms looking to strengthen their interactions with customers and vendors by adopting comprehensive, automated AP and ERP solutions are increasingly turning to cloud-based products in lieu of on-premises systems.

Accounts Payable 89

Accounts Payable Invoicing Education Reconciliations 89

PYMNTS

JUNE 25, 2020

As accounts payable (AP) and accounts receivable (AR) operations continue to converge for many organizations, buyers and suppliers are increasingly acknowledging the value of using each other’s technology platforms to promote stronger B2B relationships.

Invoicing 112

Invoicing Accounts Payable B2B Currencies 112

PYMNTS

OCTOBER 21, 2020

With the new funding, Finexio is looking at continuing to streamline and optimize the last mile of the corporate accounts payable process.

Accounts Payable 95

Accounts Payable Education Finance Accounting 95

PYMNTS

JUNE 25, 2020

Chief Operating Officer Arnold Hur said the partnership would boost the company’s accounts payable process. G is a gaming organization in the U.S., China and South Korea and has teams competing in some of the biggest gaming tournaments worldwide.

Accounts Payable 112

Accounts Payable Numbers Finance Accounting 112

PYMNTS

MARCH 6, 2020

FinTechs are helping banks focus on the customer experience through accounts payable (AP) automation. AvidXchange Senior Vice President of Financial Services Boyce Adams Jr. told PYMNTS in an interview that banks foundationally value “the relationship they have with the customer” and “they understand the customer.”

Banking 100

Banking Accounts Payable Accounting Technology 100

PYMNTS

APRIL 14, 2020

Criminals are sending emails that pretend to be from executives and which instruct accounts payable (AP) department employees to send funds into bank accounts that actually belong to the thieves, for example. Businesses therefore must be on high alert.

Accounts Payable 119

Accounts Payable B2B Transportation Manufacturing 119