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 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

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

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

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

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

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. ” Firstly, card payments are made in real time, with transactions showing up almost instantly on accounts.

Accounts Payable 73

Accounts Payable Accounting B2B Invoicing 73

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

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

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. 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 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

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

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

CFO Network

MARCH 11, 2024

Accounts Payable Management: Ensuring Timely Payments Another critical aspect of cash flow management is managing accounts payable effectively. Neglecting accounts payable can result in missed payments, damaged vendor relationships, and even disruption of essential supplies or services.

Accounts Payable 52

Accounts Payable Cash Flow Forecasting Invoicing Forecasting 52

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

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 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

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

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

OCTOBER 16, 2020

Venture capital funding landed at startups focused on accounts payable (AP) and cybersecurity this week — with one payables startup raising $23 million in funding. Venture capital funding landed at accounts payable (AP) and cybersecurity technology firms, among other innovators that raised money this week.

B2B 69

B2B Accounts Payable Management Consulting Startups 69

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 52

Securities Cash Flow Forecasting Budgeting Forecasting 52

PYMNTS

MAY 2, 2019

Bottomline Technologies on Thursday (May 2) posted a 12 percent year-over-year gain in subscription and transaction revenue for the payment services provider’s fiscal third quarter 2019, which ended March 31. Those revenues hit $75.5 million, according to Bottomline’s latest financial release. Overall revenue reached $106.4

Technology 43

Technology Accounts Payable Strategic Planning Leadership 43

Future CFO

JANUARY 10, 2024

All these while propelling their organisation towards a technologically advanced future. To do such feat, financial leaders must learn how to tackle fraud and be able maximise what technological advancements of today have to offer.

Accounts Payable 52

Accounts Payable Invoicing Financial Systems Accounting 52

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

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

JANUARY 16, 2020

The business email compromise (BEC) scam is a cybersecurity threat to businesses of all sizes, and the financial and security implications of a successful attack aren’t isolated to its target. It’s all in the name of siphoning company cash from accounts payable operations, and experts say the threat will continue to increase.

Securities 44

Securities Accounts Payable Education B2B 44

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

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. American Express commercial cards have been a staple for many corporates over the years. Now, with $10.2

Accounts Payable 64

Accounts Payable SAP B2B Invoicing 64

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

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

JULY 3, 2019

Accounts receivable departments are often hospitals’ first lines of defense for maximizing days cash on hand, but when cash flow trickles to a drip, the ramifications are felt all the way through to accounts payable. Unfortunately, accounts payable automation in the healthcare sector is far from ubiquitous.

Accounts Payable 46

Accounts Payable Healthcare Invoicing Compliance 46

PYMNTS

FEBRUARY 20, 2019

UMB Financial Corporation is teaming up with Bottomline Technologies to integrate an accounts payable management offering for corporate customers. In a press release sent to PYMNTS, the companies announced Wednesday (Feb. partnerships and new initiatives, in another statement.

Accounts Payable 53

Accounts Payable Banking Treasury B2B 53

PYMNTS

AUGUST 5, 2019

B2B payments startup ePayRails has announced new funding to focus on further technological development of its Payment Hub. 2), ePayRails said it secured $2.45 In a press release Friday (Aug. million in Series A funding led by Aspire Fund Management, which provided $2 million.

B2B 40

B2B Startups Securities Accounts Payable 40

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

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