PYMNTS

MARCH 10, 2020

Crowdz Pilots Invoice Crowdfunding. With its new platform InvoiceXchange, B2B payments and invoicing company Crowdz has begun enabling its business clients to crowdfund their unpaid invoices as an alternative to traditional trade financing products. Vroozi, Stratas Embrace Vendor Collaboration.

Accounts Payable 57

Accounts Payable Invoicing B2B Vendor Management 57

PYMNTS

APRIL 22, 2020

Invoices in one currency can be changed over to the local currency in smaller international markets, which speeds up worldwide contingent worker deployments. The company works with on-demand marketplaces and freelancers to let workers get paid faster than the due dates of invoices. In December, news surfaced that Qwil notched $24.4

SAP 52

SAP Vendor Management Invoicing Currencies 52

Future CFO

SEPTEMBER 22, 2023

Generative AI excels in identifying discrepancies between invoices and purchase registers, drastically reducing the likelihood of erroneous claims. This scalability is particularly beneficial for larger entities that deal with vast amounts of invoices and transactions. Scalability: As businesses grow, so does their data volume.

Vendor Management 52

Vendor Management Compliance Reconciliations Invoicing 52

PYMNTS

MAY 11, 2017

The firm said it plans to use the money to strengthen its existing accrual and spend management platform. Accrualify provides a procure-to-pay platform that supports payments, vendor management, invoice and accrual automation and other features. It’s like the wild, wild west — spending like crazy,” the executive said.

B2B 40

B2B Startups Invoicing Vendor Management 40

PYMNTS

MAY 1, 2017

We detected this fraud against our vendor management team and promptly alerted the authorities,” a Google spokesperson said. “We The DoJ alleges that the man, Evaldas Rimašauskas, used a business email compromise (BEC) scam to trick Facebook and Google into paying fake invoices, impersonating manufacturer Quanta Computer.

Vendor Management 47

Vendor Management Invoicing Manufacturing Accounting 47

PYMNTS

MAY 12, 2017

Accrualify provides procure-to-pay solutions, including vendor management, accounting, spend management and other features, looking to fill gaps left by other P2P solutions. The firm provides add-on services, including invoice automation, payments, purchase order management and accrual management.

B2B 43

B2B Invoicing Startups Vendor Management 43

PYMNTS

NOVEMBER 22, 2016

“Things like digital invoicing, virtual cards and cloud-based finance and accounting will help the bottom line of smaller businesses by enabling them to process and receive payments quickly,” he stated. “These technologies mean tighter processes and increased efficiency.” Sound familiar?

B2B 65

B2B B2C Vendor Management Reconciliations 65

CFO Share

APRIL 29, 2024

This is often a challenge for companies on old ERPs or which receive paper bills from vendors. Managing remote bookkeeping solutions means a change in mindset from measuring activities to measuring outcomes. Lastly, remote workers often work asynchronously, potentially causing miscommunications.

Vendor Management 52

Vendor Management Invoicing Accounting Communication 52

E78 Partners

JUNE 2, 2023

Maintain Accurate Inventory : Maintaining an accurate inventory of invoiced items is central to spend management. Establish Vendor Management Protocols : CFOs should establish clear vendor management protocols, including thorough due diligence, contract negotiation, and performance evaluation.

Auditing 52

Auditing Vendor Management Leverage Leadership 52

VCFO

MARCH 17, 2023

Strong vendor relationships promote understanding, support transparent conversation, and instill confidence. Understanding involves ensuring clarity surrounding items like invoicing, discount practices, logistics, and more. Confidence comes with repeated receipt of needed components at the right time, cost, and quality.

Manufacturing 70

Manufacturing Forecasting Profit and Loss Benchmarking 70

PYMNTS

DECEMBER 7, 2017

AeroFund has formed AeroPay Express , a unit that provides virtual procurement cards that act as a line of credit to business payers, as well as vendor management services. Vendors pay a fee to accept the virtual card payment.

Accounts Payable 40

Accounts Payable Vendor Management B2B Invoicing 40

PYMNTS

JULY 29, 2019

It isn’t paper free in many cases, because invoices are still drafted on them. That’s why the PayMate platform, built on top of the fast and secure payments rails in India, can layer on services like vendor management, vendor payments, customer payments , invoicing, supply chain financing options and terms marketplace.

B2B 48

B2B Reconciliations Invoicing Vendor Management 48

PYMNTS

JUNE 23, 2016

. “Usually, within the banks, it’s the procurement function that’s accountable for managing vendor risk,” Clare explained. “They’re the front line in terms of knowing who the vendors are, contractual relationships, driving accountability with those vendors.” 2013, resulting in $3.1

Vendor Management 40

Vendor Management Auditing Securities Banking 40

PYMNTS

APRIL 12, 2016

The nonprofit industry has a lot to gain from this payment technology, claims a new whitepaper from vendor management consulting firm Vendor Centric. But, according to Vendor Centric, “the benefits of accepting virtual card payments outweigh the costs.”.

Nonprofit 40

Nonprofit Accounts Payable Reconciliations Cash Management 40

PYMNTS

JULY 14, 2016

Last month, a new report emerged from iPayables that found some of the top frustrations among AP professionals stem from vendors themselves, including suppliers’ mistakenly sending invoices to the wrong department.

Auditing 40

Auditing Accounts Payable B2B Invoicing 40

PYMNTS

APRIL 13, 2016

Government procurement is the face of small business support, and the adoption of source-to-pay, spend management and digital invoicing tools can become a catalyst for adoption in the private sector. That doesn’t mean work as a government supplier is easy, though. New research from BidPrime found that U.S.

Performance Measuring 40

Performance Measuring Invoicing Numbers Vendor Management 40

PYMNTS

FEBRUARY 15, 2017

Sridharan said the original impetus for starting Kinnek actually came from his cofounder, who was a consultant that helped large enterprises to improve their supply chain and vendor management processes. He would help them find the right suppliers and manage their complex purchasing processes.

B2B 40

B2B Manufacturing Sales Pharmaceutical 40