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It places a lot of pressure on corporate money managers to keep up with the latest innovations and maintain a competitive edge. Anybill recently announced that data from its accountspayable services integrates into the accounting platform of QuickBooks. “They want it automated. .” It’s healthy.
Commercial card innovation continues to make big waves in the accountspayable (AP) department, as corporates and card issuers alike explore new ways to drive business spend on cards beyond business trips or ad-hoc purchases. Accrualify Taps Visa For Corporate Card Offering. Nium Broadens Card-Issuing Reach.
The potential cannot be ignored, however – particularly in the finance department, where information from accountspayable, accounts receivable, treasury and accounting hold the keys to insight into cash flow, predictable payment behavior and new opportunities to boost the bottom line.
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