PYMNTS

AUGUST 28, 2019

With the acquisition, existing bank customers of BankTEL will be offered AvidXchange’s invoice-to-pay solutions, including AvidPay and access to the AvidPay Network of B2B suppliers.

AP Processes 59

AP Processes accounts payable Accounts Payable Automation Technology 59

CPA Practice

DECEMBER 17, 2023

AP automation is a key strategy for many finance leaders In the survey, finance leaders ranked AP automation as their top digitization priority in the back office—ahead of Accounts Receivable (AR), expense management, close management, and forecasting.

AP Automation 132

AP Automation Finance AP Processes Approval Workflows 132

PYMNTS

NOVEMBER 5, 2020

These strains are prompting more construction firms to turn to faster, digital means of conducting their B2B transactions. The November CFO’s Guide To Digitizing B2B Payments report examines how companies are modernizing their AP and accounts receivable (AR) processes for smoother procurement experiences.

B2B 64

B2B AP Processes Construction accounts payable 64

PYMNTS

DECEMBER 28, 2020

Further, Nacha said, the survey revealed AP professionals are facing increasing fraud attempts that target AP processes specifically. While current fraud tools are helpful, there is no systemic or automated option for accomplishing this," Nacha warned.

B2B 116

B2B accounts payable AP Processes accounting and finance 116

PYMNTS

FEBRUARY 10, 2020

FinTech firm Fiserv is partnering with software company SAP to help worldwide B2B companies streamline payments and improve working capital, Fiserv announced on Monday (Feb. ” SnapPay handles the accounts receivable (AR) and accounts payable (AP) processes of large and mid-sized companies.

B2B 67

B2B accounts payable AP Processes B2C 67

PYMNTS

NOVEMBER 27, 2020

The B2B payments world is changing fast due to both the increased adoption of digital payment methods over the past several years and the economic upheaval brought on by the COVID-19 pandemic. Approximately $25 trillion in payments flows between American businesses annually, and B2B payments total $120 trillion globally.

B2B 95

B2B Technology AP Processes Account 95

PYMNTS

JANUARY 30, 2020

These 16-digit credit card numbers are created for one-time purchases at set amounts, and the convenience, security and speed they provide are allowing them to take hold in the B2B payments space. The following Deep Dive explores how virtual cards benefit B2B payments, especially among smaller firms, which have limited resources.

B2B 71

B2B accounts payable AP Processes Education 71

CPA Practice

DECEMBER 11, 2023

In a recent survey of North American finance leaders by AP and payment automation provider MineralTree, 59% of respondents cited the need to do more with less, followed by reducing AP processing costs (49%), improving their ability to manage cash flow (43%), and gaining better visibility into their current cash position (42%).

Finance 59

Finance AP Processes Technology accounts payable 59

PYMNTS

DECEMBER 11, 2019

For years, any attention given to solving B2B payments friction was typically focused on the payer. That’s because AR and accounts payable (AP) processes are intrinsically connected. That’s because AR and accounts payable (AP) processes are intrinsically connected. and Turkey.

B2B 53

B2B accounts payable AP Processes Construction 53

PYMNTS

DECEMBER 3, 2020

Today in B2B payments, Visa embraces the USDC digital currency for corporate payments. Plus, Basware enhances its accounts payable (AP) offering, CardUp eases commercial card adoption, Kofax adds new AP features and the Federal Reserve eyes bank lending. Visa Teams With Circle on USDC Digital Currency Corporate Card.

B2B 60

B2B accounts payable AP Automation AP Processes 60

MineralTree

JUNE 1, 2023

Integrating QuickBooks with a compatible accounts payable automation software helps finance teams digitize their entire AP process. Using only QuickBooks for AP involves many manual steps, like chasing down approvers for signatures or getting checks out the door.

accounts payable 75

accounts payable quickbooks AP Automation AP Processes 75

PYMNTS

NOVEMBER 3, 2020

Many businesses are therefore considering digitizing their B2B payment operations to gain more detailed insights into their payments’ statuses and help their employees settle into their remote roles. Paper checks are still thriving in the B2B payments space, and companies spend approximately $9 billion a year to process these payments.

B2B 64

B2B AP Processes accounts payable Account 64

PYMNTS

NOVEMBER 26, 2020

Business-to-business (B2B) payment practices are undergoing some of the most notable shifts as corporate buyers and sellers seek new transaction methods and tools to help them pay and be paid quickly. Digitizing AP Processes. Ripple Effects: AR Modernization.

B2B 67

B2B Technology accounts payable AP Processes 67

PYMNTS

APRIL 24, 2020

B2B FinTech investments appear to be relatively strong, too. In France, Libeo , which offers invoice processing automation technologies for small businesses in need of accounts payable optimization, secured $4.32 . “We haven’t seen a substantial pullback yet within the U.S. million in new funding.

B2B 77

B2B accounts payable Technology AP Processes 77

MineralTree

FEBRUARY 29, 2024

Efficient digital payments are critical for accounts payable (AP) teams to streamline the AP process and maintain strong relationships with vendors. However, managing payments through QuickBooks alone involves resource-intensive manual processes and limits teams’ ability to handle diverse invoice types.

AP Automation 52

AP Automation quickbooks Technology AP Processes 52

Accounting Insight

JANUARY 8, 2024

To help this collaboration, businesses should take steps such as implementing AI and automation tools to detect any suspicious activities or anomalies within the Accounts Payable (AP) process. Eventually B2B will be aligned with B2C, offering seamless payment experiences such as text-to-pay.

accounts payable 105

accounts payable B2C Technology accounting and finance 105

PYMNTS

OCTOBER 29, 2018

Meanwhile, the remaining 80 percent of suppliers is constantly changing and fails to grab the attention of executives working to automate invoice processing and B2B payments. However, AP automation remains, in many cases, incomplete. This is an opportunity for AP automation technology providers to fill in a market gap.

Technology 73

Technology AP Automation B2B accounts payable 73

PYMNTS

NOVEMBER 2, 2020

The connection will let firms that have invested in Aptean digitize their AP processes with Palette's offering. Palette lets these companies take in bill data from vendors quickly, process invoices with an automated flow for approvals and offers a trail that auditors can look at.

AP Automation 56

AP Automation Technology Approval Workflows AP Processes 56

PYMNTS

APRIL 28, 2020

Moving from paper to digital has evolved for business-to-consumer (B2C) payments in recent years, but upgrading business-to-business (B2B) payments has taken longer. There are more tools available than ever to help SMBs move their accounts payable (AP) and accounts receivable (AR) processes forward to become more efficient.

B2C 94

B2C AP Processes B2B accounts payable 94

PYMNTS

AUGUST 21, 2019

The drive to eliminate paper in the accounts payable process, to cut the steps that lead to inefficiencies, continues to get a boost from technology.

AP Processes 46

AP Processes AP Automation accounts payable Technology 46

PYMNTS

DECEMBER 15, 2020

Considering the complexities of B2B transactions , cash is not a sustainable method of moving funds from a retail buyer to a cannabis brand distributor or wholesaler. But there are other pain points in B2B payments for the legal cannabis market, according to Doug Gordon , executive vice president and head of LeafLink Financial.

Legal 111

Legal B2B AP Processes accounts payable 111

PYMNTS

NOVEMBER 25, 2020

The COVID-19 pandemic is inspiring many businesses to accelerate their shifts to digital transaction methods as workforces operate remotely from home, and many are finding that doing so is helping them overcome traditional business-to-business (B2B) payment frictions. Around The B2B Payments World. Find the story in the Report.

AP Automation 95

AP Automation B2B accounts payable AP Processes 95

PYMNTS

DECEMBER 16, 2020

Visa and the UAE's First Abu Dhabi Bank (FAB) are partnering to introduce virtual corporate cards to the financial institution's business clients to accelerate and automate B2B payments. Tipalti Enhances Corporate Card Adoption In AP. Visa, FAB Roll Out Corporate Virtual Cards.

Expense Management 114

Expense Management Technology accounts payable AP Processes 114

PYMNTS

MAY 13, 2020

Late payments have always plagued business-to-business (B2B) commerce, but the problem is coming to a new head. This month’s Next-Gen AP Automation Tracker ® examines how AP tools are smoothing B2B transactions and helping companies to better weather the economic downturn. Around The AP Automation World.

AP Automation 79

AP Automation AP Processes Technology accounts payable 79

CPA Practice

AUGUST 14, 2023

Finance is no exception and AP in particular offers valuable insights. Digitizing and automating the AP process gives businesses easy access to a rich dataset about invoicing and payments that can make a big difference in how the business operates.

Finance 98

Finance AP Automation Technology accounting and finance 98

CPA Practice

OCTOBER 11, 2023

“As businesses continue to face a number of challenges and pressures, finance teams are being tasked with finding new ways to drive operating efficiencies and get more control over cash flow,” said Brian Greehan, head of B2B Solutions for Global Payments. “In Almost half (45%) of firms looking to hire anticipate hiring challenges and delays.

Finance 59

Finance AP Automation AP Processes Approval Workflows 59

PYMNTS

JULY 31, 2020

The pandemic and subsequent economic downturn have driven B2B payment pains to a new level. Such concerns could inspire companies to rely more heavily on virtual credit card payments and adopt cloud-based and automated AR and AP tools. Around The B2B Payments Space. Download the Report to get the full story. About The Report.

AP Processes 60

AP Processes AP Automation B2B accounts payable 60

PYMNTS

MARCH 10, 2020

As a whole, these services have one thing in common: They all reflect technology’s heightened ability to promote stronger buyer-supplier partnerships, with solutions that deepen AR-AP ties while also looking at ways to use automation, data intelligence and FinTech to ease friction for both ends of the B2B transaction.

accounts payable 57

accounts payable AP Processes Technology B2B 57

MineralTree

DECEMBER 7, 2023

The process associated with virtual card payments generates unique, one-time-use card numbers linked to specific transactions. This approach facilitates seamless interactions with vendors, offering a more efficient and controlled method for handling payments in the AP process.

AP Automation 79

AP Automation accounts payable AP Processes accounting and finance 79

PYMNTS

NOVEMBER 17, 2020

“Through this partnership, we offer organizations even greater control and visibility of their global AP processes from purchase to payment,” Beanworks CEO Catherine Dahl said in the announcement.

AP Automation 84

AP Automation accounts payable AP Processes Technology 84

PYMNTS

AUGUST 3, 2020

He still predicted that easy-to-use B2B payment apps could supplant paper-based processes, and that the pandemic-driven shift to remote operations could spur this transition. Business owners are more removed from their companies’ AP processes when staff are working in different locations, after all.

AP Processes 81

AP Processes accounts payable Missouri B2B 81

PYMNTS

NOVEMBER 15, 2018

B2B FinTech solution providers are currently working on reducing the friction associated with implementing their solutions into enterprise back offices. One of the biggest hurdles in B2B FinTech adoption and digital transformation is convincing the higher-ups that such investments are necessary.

accounts payable 63

accounts payable AP Automation AP Processes Technology 63

PYMNTS

AUGUST 17, 2020

The CFO’s Guide To Digitizing B2B Payments , done in collaboration with Comdata , explores and unpacks the dilemma facing chief financial officers as their accounting teams establish new work routines, often improvised. and the rest were spread across 24 other countries.”.

AP Automation 61

AP Automation Technology accounts payable AP Processes 61

PYMNTS

APRIL 20, 2016

Nvoicepay is launching new capabilities to ease friction in global B2B payments, the company revealed Tuesday (April 19). The enterprise payments solution firm revealed Nvoicepay AP Global, a cross-border payments solution for the accounts payable department.

B2B 40

B2B accounts payable AP Processes Account 40

PYMNTS

JULY 10, 2020

These slow processes make it difficult for AP professionals to quickly pull up information on payment obligations, and they also present plenty of opportunities for human error. SMBs are more likely than larger firms to have old-school AP methods that cause undue frictions. Cutting Out Inefficiencies.

AP Automation 55

AP Automation Technology AP Processes accounting and finance 55

PYMNTS

APRIL 9, 2020

To help additional middle-market companies automate their accounts payable (AP) processes, MineralTree announced that it has grown its integration abilities, according to a press release. In separate news, OpenText unveiled its new Trading Grid with a rollout that connects ERP with AP, among other systems.

AP Automation 76

AP Automation AP Processes Technology accounts payable 76

PYMNTS

NOVEMBER 9, 2020

The following Deep Dive examines the payment and procurement obstacles facing construction firms during the ongoing pandemic and which digital accounts payable (AP) technologies could be applied to jump those hurdles. The global health crisis has exacerbated existing challenges in legacy B2B payments and procurement processes.

Construction 91

Construction Technology accounts payable AP Processes 91