PYMNTS

JUNE 12, 2019

In an interview with Doug Cranston, vice president of product management at Bottomline, the executive noted that in the age of speed, fraudsters are able to more easily exploit firms’ vulnerabilities, compromise their accounts payable process and get away with ill-gotten gains, often to vanish without a trace.

Accounts Payable 62

Accounts Payable Accounting Invoicing Securities 62

PYMNTS

JULY 22, 2020

While other departments may have abandoned manual, paper-based strategies years ago, accounts payable (AP) and finance departments held their ground on practices that seem to have changed little since the 1970s. Paper invoices, on the other hand, still dominate finance departments today. It’s just that easy.

Accounts Payable 60

Accounts Payable Accounting Invoicing B2B 60

PYMNTS

JULY 3, 2019

Cost containment solution provider Palmarius Advisors is rolling out an accounts payable (AP) automation solution designed to generate revenue and enhance spend control for corporate users. The company did not reveal details on how it mitigates accounts payable fraud or introduces business users to a new revenue stream with its tool.

Accounts Payable 40

Accounts Payable Accounting Invoicing Reconciliations 40

PYMNTS

NOVEMBER 25, 2020

Companies long-used to sending and receiving paper invoices and checks are finding that digital methods can deliver funds and billing information at a far faster clip. This could mean adopting new accounts payable (AP), accounts receivable (AR) and other treasury strategies and technologies, for example.

Invoicing 95

Invoicing Accounts Payable B2B CFO 95

Future CFO

APRIL 21, 2021

Manual AP invoicing has been outdated and inefficient for years now, so when business across the globe encountered significant disruptions, companies with digital transformation still on their to-do lists felt the impact on their operations far more than those already using automation. What has changed, and what changes are here to stay?

Accounts Payable 40

Accounts Payable Accounting Invoicing Treasury 40

Future CFO

MAY 15, 2022

Finance leaders may have noticed one invoicing trend that emerged in the last couple of years – the way invoices arrive at their organisations has quite clearly changed. Now, with remote and hybrid work commonplace, most invoices are delivered through employees’ and the finance team’s email accounts. Implementing PEPPOL.

Invoicing 52

Invoicing Accounts Payable SAP Finance 52

CFO Share

APRIL 11, 2024

But many fear remote bookkeeping exposes them to security risks – hackers, fraudsters, and embezzlement – especially if the virtual bookkeeping solutions use employees in foreign countries. Bookkeeping security risks are always a valid concern, especially since internal staff perpetrate 57% of small business fraud.

Securities 52

Securities CFO Invoicing Education 52

PYMNTS

MARCH 10, 2020

“In order to provide its customers with even better service, Cegid wanted to give them the opportunity to fully automate their supplier invoicing management processes. The integration with Esker provides all the functions necessary for reliable and efficient processing of supplier invoices,” the release said.

Accounts Payable 69

Accounts Payable Accounting Invoicing Technology 69

PYMNTS

OCTOBER 5, 2016

Today, accounts payable firm MineralTree announced a collaboration with Visa with a goal of helping corporates pay their suppliers by virtual card. Proponents of push payments highlight their ability to automatically reconcile payments, because the amount charged on the card is always equal to the amount stated on the invoice.

Accounts Payable 73

Accounts Payable Accounting B2B Invoicing 73

PYMNTS

MARCH 13, 2019

This stumbling block to innovation is often visible in accounts payable (AP) departments, Corcentric SVP of Sales Daniel Andrew told PYMNTS in a recent conversation. Manual, paper-based invoicing systems are objectively worse in every metric when stacked against automated, digital AP systems that leverage straight-through processing.

Accounts Payable 44

Accounts Payable Accounting Invoicing Benchmarking 44

PYMNTS

MAY 4, 2020

Office closures and remote working mandates have created an uncomfortable wakeup call for accounts payable (AP) and accounts receivable (AR) departments that continue to rely on manual, paper-based processes. And there are a lot of them. “Any strategic CFO will recognize the need for digital transformation.”

Invoicing 66

Invoicing Accounts Payable B2B Reconciliations 66

PYMNTS

AUGUST 30, 2017

American Express is continuing its ongoing efforts to encourage businesses to pay suppliers with commercial cards in its latest accounts payable partnership. 29) it had struck a deal with Regal Software Technologies enabling businesses on the Regal platform to pay invoices with American Express Corporate Cards.

Accounts Payable 43

Accounts Payable Accounting Reconciliations B2B 43

CFO Network

MARCH 11, 2024

Prompt Invoicing: Key to Cash Flow Stability Conversely, poor cash flow management can spell disaster, hindering growth and even leading to the demise of an otherwise viable business. One of the most common pitfalls in cash flow management for SMBs is delayed invoicing.

Accounts Payable 52

Accounts Payable Cash Flow Forecasting Invoicing Forecasting 52

PYMNTS

NOVEMBER 3, 2020

The company has connected its SecurePay payment gateway solution within the accounting platform, allowing for SMBs to generate invoices and receive payment without having to leave QuickBooks. According to Yakov, it can certainly support digitization of B2B payments, with SecurePay able to support both ACH and card transactions. "I

Invoicing 60

Invoicing B2B Accounts Payable eCommerce 60

PYMNTS

MAY 10, 2017

CSI globalVCard said Tuesday (May 9) that it struck a partnership with Visa to integrate Visa Payables Automation into the CSI globalVCard pay system Payables platform, enabling issuers of Visa cards to link their own corporate customers to the combined accounts payable offerings of both Visa and CSI globalVCard.

Accounts Payable 43

Accounts Payable Accounting Benchmarking Reconciliations 43

PYMNTS

FEBRUARY 6, 2018

Most companies today have at least some kind of automation in place within the accounts payable (AP) department. Even when invoices flow in as paper documents, organizations are using electronic solutions or optical character recognition (OCR) tools to process those bills for payment. Technology for Technology’s Sake.

Accounts Payable 40

Accounts Payable Accounting Invoicing Analyzing Data 40

PYMNTS

OCTOBER 1, 2019

Commercial payments firm Bottomline Technologies is rolling out advancements to its invoice automation platform that uses artificial intelligence (AI), the company announced in a press release on Tuesday (Oct. Bottomline is also updating the Paymode-X AP Automation solution to work more seamlessly with users’ back-office systems. .

Invoicing 46

Invoicing Accounts Payable B2B Accounting 46

PYMNTS

OCTOBER 22, 2020

Old-school business-to-business (B2B) transaction methods like sending and waiting on checks and physical invoices are more difficult to stick with now that many offices are closed and financial teams are working from home. Clients are not the only ones causing slow payments. Businesses are also reexamining how they buy from each other.

Invoicing 63

Invoicing B2B Foreign Exchange Accounts Payable 63

PYMNTS

AUGUST 8, 2018

When it comes to accounts payable, there is no shortage of FinTechs that have taken either one of these approaches in an effort to address the many pain points of the procure-to-pay cycle. From this angle, Stampli has designed an invoice processing solution to facilitate communication between key players in the transaction.

Invoicing 48

Invoicing Accounts Payable Communication B2B 48

CFO Plans

OCTOBER 29, 2024

Improving Liquidity through Accounts Receivable Efficiency Optimizing accounts receivable efficiency is crucial for improving liquidity. Implementing automated invoicing systems can streamline the collection process, reducing outstanding debts and accelerating cash inflows.

Accounts Payable 52

Accounts Payable CFO Budgeting Invoicing 52

PYMNTS

NOVEMBER 5, 2020

Transacting with vendors through paper checks and receiving paper invoices have become more difficult due to postal service disruptions, companies’ shifts to working out of office and financial strains, however.

Invoicing 64

Invoicing B2B Construction Accounts Payable 64

PYMNTS

MAY 12, 2020

Paying out invoices to contractors or freelancers can be extremely time consuming for businesses that rely on manual processes. Firms must not only confirm that charges are legitimate and that invoiced work was delivered, but also process them and send out payments. The Late Invoice Ripple Effect. took home fell by 2.9

Invoicing 52

Invoicing Accounts Payable Securities Accounting 52

PYMNTS

APRIL 16, 2020

The COVID-19 pandemic is putting accounts payable (AP) department practices to the test. Businesses are doing their part by having employees work from home, but some companies are struggling to keep operations secure as opportunistic fraudsters aim to take advantage of the pandemic’s disruption.

Securities 52

Securities Accounts Payable Healthcare Invoicing 52

PYMNTS

MARCH 28, 2019

Automated expense report auditing company AppZen is introducing a new spend auditing platform to analyze supplier invoices using artificial intelligence (AI). “The major takeaway from this data is not that employees in certain industries commit more fraud,” AppZen noted at the time. ”

Invoicing 46

Invoicing Auditing Accounts Payable Compliance 46

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 23, 2019

India-based accounts payable automation company Finly has announced new funding as it plans to expand its B2B product offering, reports in YourStory said Monday (Dec. We believe the team has built a fantastic SaaS product for the global market,” said Adith Podhar, Gemba Capital managing partner.

Startups 52

Startups Accounts Payable Securities B2B 52

PYMNTS

APRIL 8, 2020

This stands in stark contrast to how the accounts payable (AP) departments at many businesses process payments. To a significant extent, this process remains stuck in the predigital era and is ruled by checks and paper-based invoices, which are often accompanied by weeks-long delays and cash flow problems. Federal Reserve.

Invoicing 89

Invoicing Accounts Payable Auditing Securities 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. Peasy recently launched in the U.K. MineralTree Pairs For Global AP.

Invoicing 112

Invoicing Accounts Payable B2B Currencies 112

PYMNTS

APRIL 17, 2020

With only four investment rounds, B2B FinTechs were able to secure more than $181 million in fresh funding — an impressive sum amid turbulent times. By streamlining invoice processing, Previse said, it reduces friction for AP teams so small suppliers can get paid more quickly.

B2B 77

B2B Accounts Payable Invoicing Investments 77

PYMNTS

JULY 16, 2019

This week’s news of a security flaw in the Android versions of WhatsApp and Telegram, first revealed by Symantec, marked the latest cybersecurity warning for users of high-profile technologies. Analysts warned that this security flaw could have particularly damaging effects when used to alter invoices and manipulate payment instructions. “In

Securities 40

Securities Invoicing Accounts Payable Communication 40

PYMNTS

APRIL 24, 2020

bank technology firm securing $100 million to expand in the region. Plus, an accounts payable technology company announced a $127 million equity round. The investment is part of KarbonCard’s seed round, which secured another $1 million last month. This week, Southeast Asia is in the spotlight, with one U.S.

B2B 77

B2B Accounts Payable Startups Invoicing 77

PYMNTS

SEPTEMBER 28, 2020

According to the report, business leaders are more concerned about data security than ever before, citing the pandemic as one factor behind the fears. They are very concerned about data security, and they want self-service capabilities so they can customize their systems to fit their routines and work more efficiently.".

Accounts Payable 96

Accounts Payable Invoicing Treasury B2B 96

PYMNTS

FEBRUARY 24, 2020

For the accounts payable (AP) and enterprise resource planning (ERP) automation space, it’s no longer business as usual. That volume meant that the firm struggled with time-consuming invoicing and a lack of transparency under legacy operations, requiring 20 to 30 employees to manually input data into its corporate system.

Accounts Payable 89

Accounts Payable Invoicing Education Reconciliations 89

PYMNTS

NOVEMBER 10, 2020

Bank has rolled out its new AP Optimizer, which is a digital tool that works to simplify invoice processing and payments for businesses, according to a press release. Our customers will have the ability to transform workflows and payments to a digital solution with improved visibility, embedded security and fraud mitigation tools.”.

Accounts Payable 80

Accounts Payable Banking Invoicing Treasury 80

Future CFO

OCTOBER 21, 2021

Accounts payable, transaction processing, and bank statement processing are the top three priorities in terms of business workflow automation , according to a global survey of 800 executives by Kofax. Survey highlights. Executives indicated that automating the following functions are providing the greatest benefits, Kofax noted.

Accounts Payable 59

Accounts Payable Data Analysis Invoicing Compliance 59

CFO Share

FEBRUARY 23, 2024

This process involves: Adopting digital invoicing systems to reduce delays. Consistently monitoring outstanding invoices to identify and address late payments proactively. Managing Vendor Payables Strategically Strategic management of accounts payable is another key aspect of optimizing cash flow in small businesses.

Accounts Payable 52

Accounts Payable Cash Flow Forecasting Invoicing Prioritization 52

PYMNTS

FEBRUARY 6, 2019

American Express and Bill.com have announced a partnership to introduce an accounts payable solution to joint customers. The solution allows Bill.com users to pay suppliers via American Express Business or Corporate Card using virtual card technology, negating the need for companies to open a new card account.

Accounts Payable 76

Accounts Payable Invoicing B2B Finance 76