PYMNTS

APRIL 16, 2020

The current pandemic could encourage greater uptake of automation tools and other AP technologies. The April Next-Gen AP Automation Tracker ® examines how AP departments are responding to new challenges brought on by COVID-19, updating systems to improve practices and keeping fraudsters at bay. About The Tracker .

AP Automation 52

AP Automation Technology accounts payable Healthcare 52

Airbase

DECEMBER 6, 2023

As the most extensive network for healthcare professionals in the U.S., Fortunately, they already used Airbase for their AP Automation — and the promise of a procurement module was a big draw. Doximity faced significant challenges around company spending before implementing Airbase’s corporate card program nearly five years ago.

NetSuite 130

NetSuite NetSuite Integration accounting and finance AP Automation 130

PYMNTS

NOVEMBER 3, 2020

3) that it has completed its multimillion-dollar acquisition of CPS Payment Services , a B2B payments and accounts payable (AP) automation technology provider. The centerpiece of CPS’ offerings is the firm’s proprietary AP automation software. Repay Holdings said on Tuesday (Nov.

AP Automation 56

AP Automation accounts payable Technology B2B 56

MineralTree

DECEMBER 15, 2022

In any organization, the accounts payable (AP) department is responsible for handling and processing payments. As a result, it is important that AP teams comply with relevant regulations and standards. Here are the top three risks AP teams face with poor compliance. Let’s take a closer look. Tiresome, Expensive Audits.

accounts payable 52

accounts payable AP Automation Account accountant 52

MineralTree

APRIL 6, 2023

ERP Integration: How ERP Systems & AP Automation Tools Work Together An Overview of ERP Systems Enterprise Resource Planning (ERP) refers to a software that allows companies to manage various parts of their organization. Unfortunately, ERPs aren’t typically configured in a way that caters to the specific needs of AP staff.

AP Automation 64

AP Automation Technology NetSuite quickbooks 64

MineralTree

FEBRUARY 2, 2023

For example, AP teams spend hours each week on the expensive and time consuming tasks of invoice approval routing and payment processing. It should come as no surprise then why AP has been the number one digitization priority for finance teams for the last two years running. In healthcare, this number is even higher with 75.3%

Technology 64

Technology B2B AP Automation Finance 64

PYMNTS

OCTOBER 20, 2020

“As companies grow and look to better manage their spend, the use of purchase orders becomes standard operating procedure, especially in industries such as manufacturing, retail, and healthcare,” said Elle Kowal , chief product officer at MineralTree.

AP Automation 52

AP Automation accounts payable Technology Healthcare 52

PYMNTS

AUGUST 21, 2019

AP automation has been available in one form or another for more than 20 years, said Flynn. While AP automation solutions help to minimize and sometimes eliminate these manual steps, historically these solutions have been complex, expensive and difficult to configure, install, use and maintain. The Compliance Factor.

AP Processes 46

AP Processes AP Automation accounts payable Technology 46

PYMNTS

NOVEMBER 8, 2019

In earnings materials tied to the quarterly announcement, the firm said that 32 organizations selected Paymode-X to provide AP automation and that four banks selected Bottomline’s banking solutions. Paymode-X was adopted by a leading eCommerce company as well as several hospitals and healthcare providers, according to the CEO.

AP Automation 43

AP Automation accounts payable Technology Hospitality 43

PYMNTS

OCTOBER 22, 2019

Accounts payable technology company AvidXchange is targeting the healthcare industry with payments and invoicing offerings. AvidXchange is broadening access of its AvidPay and AvidInvoice tools to the long-term healthcare and social services markets, the company said in a press release on Monday (Oct.

AP Automation 40

AP Automation Healthcare Technology accounts payable 40

MineralTree

DECEMBER 22, 2022

These challenges have prompted more teams to prioritize AP automation as part of larger digital transformation initiatives. By improving internal processes, maximizing efficiencies, and strengthening vendor relationships, digital transformation projects help organizations optimize their limited workforces, especially in AP.

accounts payable 52

accounts payable AP Automation Account accountant 52

PYMNTS

MARCH 28, 2019

The four industries Xerox is targeting include the insurance, healthcare, public sector and retail markets, each with its own tool to tackle industry-specific challenges through digital tools. ” Xerox’s focus on enterprise digitization is a shift for a company that was built on the business of paper.

accounts payable 43

accounts payable Account accountant accounted 43

MineralTree

JANUARY 5, 2023

For markets such as healthcare, this number is even higher. Unfortunately, supply chain disruptions create invoice processing delays amongst AP teams, jeopardizing timely vendor payments (the #1 concern of vendors). They were also able to leverage AP analytics to make better business decisions.

Finance 55

Finance AP Automation Technology accounting and finance 55

PYMNTS

OCTOBER 11, 2019

Inside UMB Bank’s AP Automation Agenda (Bottomline Next Gen AP Automation Tracker). Accounts payable (AP) departments all too often have inefficient processes that decelerate workflows and delay supplier payments. Healthcare Looks To 5G For Cost Control. Fun, Cool, and Otherwise Interesting.

AP Automation 46

AP Automation Technology Healthcare accounts payable 46

PYMNTS

JULY 3, 2019

Cash flow is a fickle beast for any organization, but in the healthcare sector, bottlenecks and friction points are aplenty thanks to issues like late patient payments, insurance payouts and negotiations, and refunds. Unfortunately, accounts payable automation in the healthcare sector is far from ubiquitous.

Hospitality 46

Hospitality accounts payable Healthcare Technology 46

PYMNTS

AUGUST 3, 2016

Health care industry stakeholders are turning up the volume on calls to adopt digital B2B payments practices in order to spend more efficiently and cut costs. The latest soapbox to do so was Becker’s Hospital Review ‘s 7th Annual Meeting held last month.

accounts payable 40

accounts payable Hospitality AP Processes B2B 40

PYMNTS

JANUARY 17, 2020

The company acquired BankTEL Systems and added almost 2,000 bank customers in July, and it launched AvidPay and AvidInvoice for both the long-term healthcare and social services market in October. Last year was transformational for the company, and it moved toward pushing growth and driving its business into a bigger phase.

Finance 52

Finance accounts payable accounting and finance Healthcare 52

PYMNTS

FEBRUARY 1, 2021

The corporate and specialty banking teams include divisions for asset-based lending, equipment finance, institutional healthcare and higher education, commercial real estate and global trade finance. OnPay, CapX Partner on AP Automation. All of those will be joining TD Bank’s Commercial organization, according to the release.

B2B 52

B2B AP Automation accounts payable Technology 52