PYMNTS

NOVEMBER 26, 2019

Source-to-pay solution provider Basware now offers its business automation resources on the SAP App Center , the digital marketplace for systems applications and product (SAP) partner offerings, Basware announced on Tuesday (Nov. The program offers SAP technologies through one global OEM contract.

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PYMNTS

SEPTEMBER 3, 2020

When it comes to B2B payments and supply chain management , many of those opportunities have surfaced as a result of some troubling vulnerabilities that have come to light in the midst of the pandemic. Accounts receivable isn't the only way to improve the buyer-supplier relationship in the flow of B2B transactions.

Accounts Payable 78

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PYMNTS

AUGUST 13, 2020

Barclaycard Payment Intelligence brings together a multitude of accounts payable data points with internal and outside information. In separate news, Barclaycard Payments has grown its relationship with SAP to extend availability of its Smartpay gateway product to additional clients throughout Europe.

Accounts Payable 69

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PYMNTS

OCTOBER 9, 2019

Enterprise content services provider Hyland is enhancing the integration of its OnBase ERP platform with SAP to strengthen accounts payable automation capabilities, the company said in a press release Tuesday (Oct.

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PYMNTS

JULY 16, 2020

Commercial card innovation continues to make big waves in the accounts payable (AP) department, as corporates and card issuers alike explore new ways to drive business spend on cards beyond business trips or ad-hoc purchases. This wasn’t the only initiative in the B2B payments space that American Express has announced this month.

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PYMNTS

JUNE 21, 2016

In accounts payable, for instance, the industry may not be at a point where it can perform as a strategic function of the enterprise, because many businesses — small and large — are still lagging in the most basic upgrades, said AP firm Anybill ‘s chief strategy officer, Sander Mueller. “They want it automated. .”

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SEPTEMBER 5, 2019

Corporate travel and expense management solution provider SAP Concur announced an expansion in India thanks to the renewal of its existing partnership with Thomas Cook. Earlier this year, SAP Concur announced another partnership with AvidXchange, which sees SAP Concur’s invoice processing platform Concur Invoice integrating AvidPay.

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PYMNTS

MAY 7, 2020

In times of volatility, corporates and their business partners must collaborate to find common ground and ensure that cash continues to flow favorably for both sides of a B2B transaction. Deepening ties between accounts payable (AP) and accounts receivable (AR) departments will be key to ensuring buyers and suppliers remain viable.

Accounts Payable 60

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JUNE 24, 2020

To help project managers and administrators save time, Centsoft has unveiled an accounts payable (AP) automation technology for firms in the construction industry. Centsoft connects with different enterprise resource planning (ERP) technologies like SAP Business One, NetSuite, Dynamics 365 and QuickBooks.

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PYMNTS

AUGUST 28, 2019

Accounts payable automation company AvidXchange is strengthening its position in the banking and financial services sector through the acquisition of BankTEL, the company said Tuesday (Aug. AvidXchange has reached an agreement to acquire BankTEL Systems, which provides accounting technology to banks.

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JULY 30, 2020

In an effort to help companies reduce their accounts payable (AP) expenses, Zycus has rolled out artificial intelligence (AI)-powered bots for the last part of the procurement process, according to an announcement.

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PYMNTS

JUNE 23, 2020

Manual processing creates opportunities that can sap employees’ time and increase the likelihood of errors, making businesses eager to automate their systems and to use technologies to handle such tasks. The accounts payable (AP) automation market is expected to grow from $1.6 billion in 2019 to $3.1 billion by 2024.

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PYMNTS

AUGUST 30, 2018

VAI will now link corporate customers to SAP Concur solutions, including Concur Expense, Concur Invoice and Concur Travel. SAP Concur’s solutions include accounts payable, expense management, invoice automation, travel booking, mileage tracking and other tools. . million deal.

SAP 40

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AUGUST 12, 2020

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. Finance administrators and project managers both benefit from automation of the accounts payable process.

Construction 69

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PYMNTS

APRIL 5, 2019

But beyond Fiserv, First Data, Worldpay and so on … the B2B payments space is heating up a bit. It’s well understood that B2B payments, in terms of volume, is worth multiples of the consumer payments arena. In the latest news, American Express and SAP Ariba announced Wednesday (April 3) a new partnership. 5G: Five G?

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PYMNTS

SEPTEMBER 25, 2019

Accounts payable automation firm AvidXchange is deepening its integration into NetSuite by adding new features to its AvidXchange for NetSuite (AFN) SuiteApp. The feature shows professionals how company funds are disbursed via the AvidPay Network.

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PYMNTS

JULY 1, 2020

With so many companies still relying on paper — particularly in areas like accounts payable (AP) in which paper invoices are received and paper purchase orders are sent — the conversation was not only about how to digitize that process, but potentially optimize that workflow, he said. ” Room for Improvement.

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APRIL 29, 2020

Celonis , which works in artificial intelligence (AI)-powered process mining, has introduced its new process mining engine, which will help automate accounts payable (AP) functions, according to a press release. Celonis’ technology will also let customers build their own purpose-built Operational Applications.

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JUNE 22, 2016

Oil and gas is big business, with monumental funds at stake when it comes to B2B transactions. One of the most popular, Mullaney said, is SAP ERP and SAP Ariba. Knowing this, ExceleratedS2P recently rolled out its latest SAP Ariba add-on geared specifically for the oil and gas industry.

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SEPTEMBER 2, 2020

excelerateds2p has had a traditionally formidable emphasis on those who use SAP and SAP Ariba, according to the announcement. Additionally, the international approach of Basware and excelerateds2p affords a special ability to help firms with the most demanding (and global) accounts payable (AP) and purchasing climates. “We

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PYMNTS

MARCH 15, 2016

American Express is targeting its latest accounts payable solution toward corporate spend policy, and to help businesses remain compliant, the credit card giant is enlisting the help of SAP Ariba. He added that these off-contract purchases can cost businesses up to $9 million per $1 billion in spend.

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JANUARY 26, 2017

Cross-border payments, trade finance, smart contracts — blockchain has the potential to disrupt B2B processes, but FinTech players are only beginning to take these concepts onto a real-world stage. For one firm, Finlync , the key to unlocking the potential of blockchain in B2B processes is unlocking the underlying data of that activity.

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PYMNTS

FEBRUARY 1, 2021

1) press release , saying the acquisition will provide the company with access to new automation options and better visibility for B2B processes, among other benefits. Accounts payable (AP) automation has been “leading the way” on digitization, with new virtual cards becoming more common, he said.

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MARCH 21, 2019

For many companies, the accounts payable (AP) process is mired in paper, but technology, properly deployed, can cut down the paper chase, streamlining the journey between getting invoices and paying them. This generation will not accept using ‘old looking’ B2B software,” he said.

Accounts Payable 48

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PYMNTS

DECEMBER 16, 2019

According to Kieley, even large, multinational organizations not yet large enough to deploy SAP or Oracle ERPs continue to rely on manual quote management processes. The financial consequences of manual RFQ and accounts payable processes can be significant. Our customers were managing RFQs and quoting in Excel sheets,” he said.

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PYMNTS

MAY 12, 2016

Her company is one of the first to adopt SAP Ariba’s new Spot Buy solution , a way to automate the approval process for company purchases of off-contract items. It’s now a motto of B2B commerce: Procurement is starting to look more like consumer buying, as procurers want to buy for their companies the same way they buy for themselves.

SAP 40

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PYMNTS

MARCH 25, 2020

The technology has a variety of use cases, from accounts payable (AP) tools that need to be able to properly ingest data within these eInvoices, to factoring companies that must validate eInvoices and ensure accuracy in order to release funds. An Evolving Landscape. “The problem for U.S.

Accounts Payable 40

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PYMNTS

MARCH 14, 2016

Specifically, Nexonia is looking at the takeover as a way to help expand its accounts payable and purchase order capabilities; Wainwright said the firm will incorporate these features into its solution following the deal. and integrates with major players, like SAP, Salesforce, QuickBooks and NetSuite.

Marketing 40

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PYMNTS

MAY 18, 2016

The enterprise is all about speed today, especially when it comes to the purchasing and accounts payable space. “If the system asks users to put in accounting information or if it has too many fields to fill out, users immediately abandon the process and go back to maverick spend,” the executive explained.

Accounts Payable 40

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PYMNTS

MAY 11, 2018

The potential cannot be ignored, however – particularly in the finance department, where information from accounts payable, accounts receivable, treasury and accounting hold the keys to insight into cash flow, predictable payment behavior and new opportunities to boost the bottom line.

Accounts Payable 40

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PYMNTS

JULY 21, 2020

With accounts payable (AP) solutions increasingly paying attention to supplier needs, commercial card technologies have expanded their focus on both the AP and accounts receivable (AR) side of B2B transactions. SAP ERP Integrates With ezyCollect. American Express Debuts AP Offering. OnPay Talks V-Card Adoption.

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