PYMNTS

APRIL 17, 2020

Smooth accounts payable (AP) processes are critical in the spice business, in which purveyors must send funds securely to vast numbers of distributors and growers worldwide. … We don’t write it down even, [but] it’s all in our accounts payable [system],”. This is an accountability best practice,” Mayer said.

Accounts Payable 60

Accounts Payable Securities Accounting Invoicing 60

CFO Plans

OCTOBER 29, 2024

A case in point is a mid-sized manufacturing company that saw its accounts receivable days drop by 30% after adopting automated invoicing and digital tracking tools, bolstering their liquidity and paving the way for strategic investments. Explore Cutting-Edge Financial Technologies to stay ahead of the competition.

Accounts Payable 52

Accounts Payable CFO Budgeting Invoicing 52

PYMNTS

MARCH 21, 2019

Zion Market Research released a report about the accounts payable software market on Wednesday (March 20), estimating the market will reach about $1,567 million by 2025, according to a release by the company. Cloud-based technology will also be a factor that spurs growth in some countries. percent between 2019 and 2025.

Accounts Payable 52

Accounts Payable Accounting Marketing Startups 52

PYMNTS

DECEMBER 10, 2020

But for B2B payment solution providers, the need for speed was coupled with another challenge: Technologies had to be built to address new and emerging use cases as payment scenarios were rapidly altered, perhaps permanently. Balancing Consumerization With Security. Second, they need transaction security and control.

Securities 106

Securities B2B Accounts Payable Prioritization 106

Future CFO

JANUARY 26, 2024

The technological advancement provides more than just automation and reshapes roles, empowering finance teams to zero in on strategic activities like data analysis, supplier negotiations, and decision-making. There are nine ways AI-powered systems can transform invoice processing in Accounts Payable (AP) departments.

Accounts Payable 52

Accounts Payable Cash Flow Forecasting Accounting Invoicing 52

PYMNTS

JULY 22, 2020

“Technological advancements have paved the way for businesses to adopt automated solutions in less than 30 days, with no massive ERP system upgrade projects required.”. There’s also the risk of fraud, security breaches, errors from missing information, inaccurate reporting and the inability to take advantage of early-pay discounts.

Accounts Payable 60

Accounts Payable Accounting Invoicing B2B 60

PYMNTS

MARCH 10, 2020

Management solutions company Cegid has teamed up with artificial intelligence (AI) process automation company Esker to form a technological partnership agreement, according to a Tuesday (March 10) release. “In To enhance our product in a simple, connected and secure way, we are partnering with recognized industry experts.

Accounts Payable 69

Accounts Payable Accounting Invoicing Technology 69

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

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

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

PYMNTS

AUGUST 12, 2019

In a press release last week, Compeat said Compeat Pay automates vendor payments by using virtual cards, ACH and check payments to enhance the security of accounts payable. The tool generates a one-time virtual card number to promote security, while working with suppliers to accept that card. “It’s

Accounts Payable 43

Accounts Payable Accounting Securities Banking 43

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. “You get the best of what traditional banks can offer, combined with the flexible technology solutions that FinTechs offer.”

Accounts Payable 127

Accounts Payable B2B Reconciliations Banking 127

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

Centage

SEPTEMBER 6, 2022

The familiarity of spreadsheets and their ease of use mean many employees are happy to keep working with them, even though they may create serious security risks. Below, we’ll analyze Excel spreadsheets security problems that come with spreadsheets and how implementing software can be a more effective solution.

Securities 98

Securities Cash Flow Forecasting Budgeting Forecasting 98

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. The latter are faster, more efficient, easier to use, more secure, cheaper — and essential to transform AP departments from cost centers to revenue centers.

Accounts Payable 44

Accounts Payable Accounting Invoicing Benchmarking 44

PYMNTS

JULY 7, 2020

The Peoples Community Bank is broadening its existing relationship with banking technology provider Finastra , the firms revealed this week in a press release , with the financial institution (FI) looking to accelerate its own innovation and product rollouts. Finastra Chosen by Community FI. payment schemes. Faster Payments scheme.

Banking 96

Banking Accounts Payable Treasury Finance 96

PYMNTS

FEBRUARY 6, 2018

Most companies today have at least some kind of automation in place within the accounts payable (AP) department. Automation in accounts payable can go a lot further, though, he said. Unfortunately, because AP is a back-office function, it’s often not the first target for a technology overhaul.

Accounts Payable 40

Accounts Payable Accounting Invoicing Analyzing Data 40

PYMNTS

DECEMBER 16, 2020

As FinTechs and other financial service providers drive commercial card adoption, virtual card technology becomes an increasingly popular focus of innovation initiatives, particularly as corporates demand solutions to support a remote workforce. Access Bank Taps Visa For SMB Debit Cards. Tipalti Enhances Corporate Card Adoption In AP.

Accounts Payable 114

Accounts Payable Microsoft Office B2B Currencies 114

Future CFO

APRIL 21, 2021

So, what does the New Accounts Payable department look like? The cost of paper and time wasted on low-value, manual tasks have been key drivers behind the growing shift to digital AP processes as AI-driven technologies continue to advance. The quickest, easiest and most secure way to pay suppliers is electronic.

Accounts Payable 40

Accounts Payable Accounting Invoicing Treasury 40

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. MineralTree Pairs For Global AP.

Invoicing 112

Invoicing Accounts Payable B2B Currencies 112

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. KarbonCard. million in new funding. AvidXchange.

B2B 77

B2B Accounts Payable Startups Invoicing 77

PYMNTS

SEPTEMBER 11, 2017

Analysts and industry players generally have their bets set on ACH to help guide accounts payable toward electronic payments, and indeed, research suspects ACH payments will finally surpass paper checks in corporate payments (the Federal Reserve’s latest data found it already has). There is no manual handling of payment data.”.

B2B 66

B2B Accounts Payable Invoicing Accounting 66

PYMNTS

SEPTEMBER 28, 2020

Businesses and consumers must prioritize cyber resilience and recognize that it is everyone's responsibility to protect their data," said OpenText CEO and Chief Technology Officer Mark J. According to the report, business leaders are more concerned about data security than ever before, citing the pandemic as one factor behind the fears.

Accounts Payable 96

Accounts Payable Invoicing Treasury B2B 96

PYMNTS

NOVEMBER 3, 2020

Today in B2B, Bloomberg broadens its credit risk data pool, and two ERP solutions secure B2B payments integrations. Palette Software has connected its accounts payable (AP) automation cloud technology with Aptean ERP , according to a Monday (Nov. Plus, Everlink strikes a partnership for real-time B2B payments.

Credit Risk 88

Credit Risk B2B Accounts Payable B2C 88

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. Only 54 percent of surveyed U.S.

Securities 52

Securities Accounts Payable Healthcare Invoicing 52

PYMNTS

NOVEMBER 25, 2020

This could mean adopting new accounts payable (AP), accounts receivable (AR) and other treasury strategies and technologies, for example. Firms may have difficulties adopting real-time payments, however, due to the costs involved in upgrading their existing systems and struggles to manage security.

Invoicing 95

Invoicing Accounts Payable B2B CFO 95

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 24, 2020

The accounting world was as caught off-guard and unprepared as most other industries when COVID-19 came to town. One fact has clearly surfaced in the interval between pandemic lockdowns and phased reopenings, and it’s this: accounts payable (AP) can’t cut it manually anymore. Accessibility, Security and Transformation’.

Accounting 95

Accounting Accounts Payable Invoicing Prioritization 95

PYMNTS

AUGUST 6, 2020

As bank-FinTech collaborations evolve, more traditional financial institutions (FIs) are not only implementing services and technologies developed by FinTech partners, but they’re also lending their own expertise to augment FinTech solutions. Bottomline Rolls Out Open Banking Service. ’s Faster Payments real-time payments system.

Banking 110

Banking Foreign Exchange Accounts Payable Technology 110

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. With $10 million in Series A funding , payroll technology company Everee aims to enable small and medium-sized businesses (SMBs) to match up their payroll cycles with their overall cash flow.

B2B 77

B2B Accounts Payable Invoicing Investments 77

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. Veekshith Rai, Finly chief operating officer and co-founder described Finly’s strategy to differentiate itself in India’s growing B2B FinTech market.

Startups 52

Startups Accounts Payable Securities B2B 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 Accounting 76

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

FEBRUARY 25, 2019

Coverage includes Hong Kong-based Tappy Technologies ‘ collaboration with the Timex Group. based Juniper Research is projecting that contactless payments will be on the uptick, Sage is teaming up with FinTech Modulr for payroll as well as accounts payable payments for U.K. according to reports.

Technology 49

Technology Accounts Payable Transportation Accounting 49

PYMNTS

JUNE 20, 2019

Between data breaches exposing customer details and card information and the rise of card-not-present fraud as operations move online, digital businesses are challenged to stay abreast of payment security trends — and fraud is a massive issue for firms large and small. Mixing Humans With Technology. The False Positive Threat.

B2B 73

B2B Accounts Payable Invoicing B2C 73

PYMNTS

APRIL 28, 2020

There are more tools available than ever to help SMBs move their accounts payable (AP) and accounts receivable (AR) processes forward to become more efficient. Challenges to implementing these technologies still persist for some, however, as they must balance their budgets with what their clients and customers expect.

Invoicing 94

Invoicing B2C B2B Accounts Payable 94

PYMNTS

JUNE 26, 2020

Human resources and payroll technology startup Humi announced an $11 million funding round this week, according to BetaKit reports. Utility account aggregation company Urjanet secured $14.65 Pipe Technologies. Based in France, Memo Bank announced a $22.5 million investment round this week.

B2B 115

B2B Startups Finance Accounts Payable 115