Future CFO

APRIL 6, 2022

Technology is a vital component. The post Four quarters to accounts payable efficiency appeared first on FutureCFO. Now that you've implemented an AP automation solution, you'll need to focus on meeting the expectations set by your business case. DOWNLOAD NOW.

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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.

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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.

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Accounts Payable Cash Flow Forecasting Accounting Invoicing 52

Future CFO

APRIL 6, 2022

A common thread among these initiatives is the urgent shift to a more contemporary, digitally savvy, and data-driven accounts payable function. Making this goal a reality will require accounts payable departments to: Standardize processes Make greater use of emerging technologies Deliver more real-time operational insights.

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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 This OEM alliance brings together the expertise of two software leaders in their respective fields.

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Future CFO

MARCH 27, 2023

To curb rogue spending, businesses need to rethink how the accounts payable (AP) process can be improved. That said, there is still much that businesses can do in the new year as they continue to digitalise and improve their operations with technology. However, it typically involves 85% to 90% of the business’ suppliers.

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Accounts Payable Accounting Invoicing Compliance 52

Future CFO

NOVEMBER 27, 2024

The accountancy profession, as we know it, faced challenges in technology--what with the concerns on how artificial intelligence poses threat on their jobs regarding the way it can take over their roles. This, of course, involves the adoption of technological advancements such as artificial intelligence within the team.

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PYMNTS

NOVEMBER 9, 2020

I think when the pandemic hit in early March, it really put a gun to the head of many companies by taking what have been Byzantine processes around accounts payable or accounts receivable and moving to much more digital means,” Jay Dearborn , president, corporate payments of WEX Inc. told PYMNTS. And apparently, he’s not alone.

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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.

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PYMNTS

JANUARY 14, 2021

Rho Technologies , the FinTech behind Rho Business Banking, has raised $15 million in a Series A round, according to a press release. With the proceeds, the company plans to work on expanding its team-oriented commercial banking platform, including launching an integrated accounts payable (AP) platform Wednesday (Jan.

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Technology Accounts Payable Invoicing CFO 67

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.”

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Accounts Payable B2B Reconciliations Banking 127

PYMNTS

JULY 14, 2020

American Express has launched a new automated accounts payable solution, American Express One AP, to help businesses digitize B2B payment processing, according to a press release.

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B2B Accounts Payable Invoicing Accounting 101

CFO News

AUGUST 13, 2023

Annual reports, account payables, treasury management, forecasting, and legal are some areas where CFOs are trying and discovering the use cases for generative AI (artificial intelligence) in their organisation.

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CFO Talks

JANUARY 8, 2025

Allowing someone who primarily works in accounts payable to gain experience in forecasting or treasury provides them with a broader understanding of finance operations. Adopt Technology and Innovation Technology is reshaping the finance world, and your team needs to stay ahead of the curve.

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Finance Budgeting Problem Solving Accounts Payable 52

PYMNTS

DECEMBER 22, 2020

Technologies and payment solutions are finding the opportunity to multitask with solutions that, while initially focused on the corporate buyer, have now expanded to tackle friction for the supplier as well. As it turns out, the technology can also ease friction for suppliers' AR operations, too. CardUp Eases Card Adoption In Asia.

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Accounts Payable B2B Invoicing Accounting 79

PYMNTS

MARCH 5, 2020

Zycus , which provides a comprehensive, end-to-end source-to-pay software suite in which it uses artificial intelligence (AI) technology, now has a new series of BOTs from its Zycus Merlin AI Suite, according to a press release. The BOTs will allow procurement and accounts payable (AP) teams to automate tasks considered mundane or repetitive.

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Accounts Payable Invoicing Technology Accounting 97

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. Faster Payments scheme.

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Banking Accounts Payable Treasury Finance 96

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.

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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.

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Future CFO

AUGUST 31, 2022

When it comes to CFO technology priority, back-office automation is seen as the key to cost reduction in the face of ongoing inflation, said Gartner recently. The post CFO technology priority: cutting costs with automation appeared first on FutureCFO. Contractor spend was also targeted by 39% of respondents.

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Technology CFO Accounts Payable Investments 52

PYMNTS

FEBRUARY 26, 2020

That means emerging services are multitasking, easing friction for both accounts payable and accounts receivable. Below, PYMNTS explores the latest initiatives and finds that innovators are looking at the accounts receivable side to tackle accounts payable friction. Tipalti Reallocates The Workload.

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Future CFO

JULY 21, 2021

The way we use technology has completely streamlined the way we live, communicate, and do business across the globe. This touches on both accounts receivables and accounts payables of their business cycle. Case in point: accounts receivables (AR) and accounts payables (AP) from the perspective of cash management.

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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.

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PYMNTS

DECEMBER 29, 2020

Now, with electronic processes in place in accounts payable (AP) and accounts receivable (AR) departments, businesses are in a more strategic position than ever before to elevate workflows and strengthen B2B relationships. Several technologies are emerging as instrumental tools in this regard. In Pursuit Of Perfection.

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PYMNTS

OCTOBER 6, 2020

The pandemic has upended supply chains, and upended accounts payable (AP) processes – requiring companies of all sizes and types to move toward digital (and high-tech-powered) means to transform back-office functions.

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Invoicing Accounts Payable Auditing Accounting 93

PYMNTS

MAY 12, 2020

To automate accounts payable (AP) procedures, Ephesoft, Inc. The company said in an announcement that the out-of-the-box artificial intelligence (AI) technology has been shown to decrease costs and sizably reduce the time it takes for invoice processing, according to an announcement. days, AP processing is ripe for innovation.”

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Invoicing Accounts Payable Forecasting Accounting 68

PYMNTS

MARCH 6, 2020

FinTechs are helping banks focus on the customer experience through accounts payable (AP) automation. The banks help customers sort through all the innovation and technologies they read about — and can provide them with the tools as well as services that are going to help them accomplish their business goal.

Banking 100

Banking Accounts Payable Accounting Technology 100

PYMNTS

FEBRUARY 19, 2020

With speed being the most obvious value proposition of real-time payments capabilities, it’s not difficult to imagine that corporate payers would be eager to embrace faster payments functionality in their accounts payable (AP) departments. And for many firms, that’s exactly what they’re beginning to do. ”

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Accounts Payable Invoicing Reconciliations B2B 114

PYMNTS

FEBRUARY 1, 2021

The Interstate Technology & Regulatory Council (ITRC) released new data on the state of cyberattacks and data breaches with some surprising news: data breaches were actually down in 2020 year-over-year. But the findings aren't necessarily cause for optimism, warns ITRC President and CEO Eva Velasquez.

Invoicing 136

Invoicing Microsoft Office Accounts Payable B2B 136

PYMNTS

DECEMBER 13, 2020

This is a huge step in our mission to simplify [accounts payable (AP)] payments for Microsoft technology users and to successfully support our shared customer and partner base," Rolfson said, according to the release.

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PYMNTS

DECEMBER 20, 2020

Snap Accounts Payable (SnapAP) has completed the first stage of a new funding round with help from a group of Israel-based angel investors, a press release says. Because of the myriad issues, experts have urged companies to adopt automated technology, which can help detect the aforementioned fraud and keep funds moving smoothly.

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Accounts Payable Invoicing Manufacturing Leverage 79

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. In France, Libeo , which offers invoice processing automation technologies for small businesses in need of accounts payable optimization, secured $4.32

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B2B Accounts Payable Startups Invoicing 77

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.

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Banking Foreign Exchange Accounts Payable Technology 110

PYMNTS

NOVEMBER 3, 2020

Palette Software has connected its accounts payable (AP) automation cloud technology with Aptean ERP , according to a Monday (Nov. Palette Software Integrates With Aptean ERP For B2B AP Automation. 2) announcement. The connection will let firms that have invested in Aptean digitize their AP processes with Palette's offering.

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Credit Risk B2B Accounts Payable B2C 88

PYMNTS

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.

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Construction General Ledger (GL) Accounts Payable General Ledger 69

PYMNTS

JANUARY 31, 2021

Business payments firm FLEETCOR Technologies has acquired accounts payable (AP) platform provider Roger , Fleetcor announced in a press release. In addition to small businesses, accounting firms in North America and Europe use, refer, and resell the platform today in connection with their customers.”.

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Accounts Payable B2B Invoicing Accounting Firms 85