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India AP Automation Startup Finly Secures Funding

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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.

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For MineralTree, Sowing The Seeds Of AP Automation

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Consider the fact that payroll automation is done by 49 percent of companies, and that only 37 percent of U.S. businesses automate employee expense management. What’s behind the yawning chasm, then, where AP automation gets such short shrift? Frustration or complacency? Perhaps a bit of both.

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Small, Early-Stage Funding Rounds Dominate B2B FinTech

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We’re covering two weeks’ worth of B2B venture capital funding, and across the board, India has come out on top. But the largest venture capital funding round went to an accounts payable automation firm in the U.S. It’s certainly not the largest funding round the B2B FinTech industry has seen.

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How Supplier Focus Propels AP Innovation

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Innovation in the accounts payable (AP) space continues to expand, with FinTechs looking to capture their piece of a growing market driven by businesses’ desire to digitize their operations. But corporate payers are not the only entities in charge of driving adoption of AP automation technologies.

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Procure-To-Pay Guides The Middle Market Into The Cloud

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Plus, said Jandrell, these firms increasingly require the capability to manage processes before and after purchases are made. Historically, that has meant disparate, siloed platforms for expense management, contract management, accounts payable automation and more.

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Mobile’s Next Corporate Target — And Biggest Roadblock

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It paved the way for firms to embrace mobile in travel and expense management, with smartphones able to more accurately track employee spend while on the go. What’s next for enterprise mobility could be anyone’s guess, but some analysts have made their prediction: accounts payable. Moving Forward .

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Logistics Scores Another Unicorn For B2B Startups

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Equity investments reigned this week, thanks to backing for accounts payable (AP) automation firm MineralTree and treasury management company Kyriba , but it was the logistics market that saw the largest venture capital round — and secured another unicorn for the B2B startup space. MineralTree.