PYMNTS

JULY 12, 2019

Order-to-cash solutions provider Billtrust has added Priority Commercial Payments to its Business Payments Network (BPN) to streamline B2B payments reconciliation, the companies said in a press release this week. Acquirers and accounts receivable platforms can also connect to the network to capture transaction data for end-users.

B2B 51

B2B Accounts Payable Automation accounts payable accounting system 51

PYMNTS

AUGUST 7, 2020

Legacy payment options like paper are getting nudged out by faster better methods like credit cards, which are more cost-effective for buyers’ accounts payable (AP) teams to send and quicker for suppliers’ accounts receivable (AR) professionals to receive. merchant services at American Express, told PYMNTS.

AP Automation 72

AP Automation Account accountant accounted 72

PYMNTS

JANUARY 31, 2021

Business payments firm FLEETCOR Technologies has acquired accounts payable (AP) platform provider Roger , Fleetcor announced in a press release. The release stated, in part: “The acquisition provides FLEETCOR with a proven, modern automation platform for B2B online bill payment. Terms of the transaction were not disclosed.

accounts payable 85

accounts payable Bill Payment Platform Technology quickbooks 85

PYMNTS

FEBRUARY 1, 2021

1) press release , saying the acquisition will provide the company with access to new automation options and better visibility for B2B processes, among other benefits. Accounts payable (AP) automation has been “leading the way” on digitization, with new virtual cards becoming more common, he said.

AP Automation 43

AP Automation Account accountant accounted 43

PYMNTS

NOVEMBER 6, 2018

American Express has struck a new partnership in its latest B2B payments push, announcing a collaboration with commercial payments firm WEX to support corporate use of virtual cards in accounts payable. The Synaptic solution enables companies to send payment instructions from their accounting systems to the AP platform.

accounts payable 71

accounts payable B2B accounting and finance accounting system 71

PYMNTS

APRIL 23, 2020

Unfortunately, independent contractors have also frequently been left out of the picture for traditional banks and even newer FinTechs despite the recent influx of small business cloud accounting apps and other B2B FinTech platforms. Accounts payable is the money you owe your suppliers. Easing The User Experience.

accounts payable 56

accounts payable Account accountant accounted 56

PYMNTS

APRIL 19, 2019

The big news in B2B FinTech investment this week came from Airbnb , which is bolstering its presence in the business travel market with new funding, while corporate card startup Brex also secured a prominent debt capital investment. The company said it plans to use the investment to further build out its lending operations. Negotiatus.

B2B 69

B2B accounts payable Spend Management Hospitality 69

MineralTree

DECEMBER 7, 2023

For accounts payable (AP) teams, vendor payments are the cornerstone of business relationships. Traditional paper checks typically incur processing costs ranging from $5 to $12, accounting for stamps, printing, and labor. Get in touch to learn how MineralTree can enhance your B2B transactions and streamline your AP processes.

AP Automation 79

AP Automation accounts payable AP Processes accounting and finance 79

PYMNTS

JUNE 24, 2020

To help project managers and administrators save time, Centsoft has unveiled an accounts payable (AP) automation technology for firms in the construction industry. Its technology automatically brings in vendor accounts, the vendor register and currencies.

AP Automation 75

AP Automation Construction Technology NetSuite 75

PYMNTS

DECEMBER 30, 2020

The shift toward contextual banking has a tailwind in place as the financial institutions (FIs) that have been market leaders have been seeing strong deposit growth — and as corporate customers are growing those balances, they want to be able to see their account activity and cash balances visible within the same application on demand.

accounts payable 97

accounts payable accounting system B2B Account 97

PYMNTS

JULY 29, 2019

The complexities of business transactions not only mean various financial functions, from accounts payable to payroll, are stuck in their own silos — it can often mean more silos within those disparate systems. Most enterprises … have many disparate systems, ranging from accounting to payroll to banking to taxes, etc.,”

accounts payable 73

accounts payable B2B payroll accounting and finance 73

PYMNTS

AUGUST 15, 2018

B2B payments continues to enjoy its moment in the innovation spotlight, but the industry still has a long way to go if it’s going to beat the race against paper and manual processes. However, accounts payable (AP) service providers have more on their plate than simply making it easier for companies to pay their invoices digitally.

B2B 40

B2B accounts payable B2C Technology 40

PYMNTS

JULY 31, 2020

The pandemic and subsequent economic downturn have driven B2B payment pains to a new level. Around The B2B Payments Space. American Express recently launched its own digital AP solution that is designed to work with businesses’ existing accounting systems. Download the Report to get the full story. About The Report.

AP Processes 60

AP Processes AP Automation B2B accounts payable 60

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. QuickBooks is a full-featured accounting system with accounts receivable and accounts payable functionality. Did you know? Did you know?

AP Automation 52

AP Automation quickbooks Technology AP Processes 52

PYMNTS

JUNE 9, 2017

Not so on the B2B side of payments, where payments between trading partners remain dominated by the 20th-century’s favorite payment method — where, staggeringly, 50 percent of all payments between business are made by check. Building a B2B Payments Hub. But not for long, Crum and Praeger added. Unlocking Value.

B2B 48

B2B Technology accounts payable accounting system 48

PYMNTS

NOVEMBER 19, 2020

In the continuous movement toward automating B2B payments – and especially payables – the pandemic is pushing firms to examine internal workflows and embrace the touchless process. Robotic process automation and accounts payable (AP) automation can be blended into solutions that are verticalized for specific tasks.

AP Automation 83

AP Automation Technology accounts payable B2B 83

PYMNTS

JULY 31, 2019

Developed in 2016, the acompay platform integrates with enterprise resource planning or accounting systems and supports check, automated clearing house (ACH), and card payments.

Accounts Payable Automation 76

Accounts Payable Automation AP Automation accounts payable accounting and finance 76

PYMNTS

OCTOBER 27, 2016

Bank’s latest offering for corporate treasurers aims to simplify the shift from manual to virtual B2B payments. 26) its latest tool, APConnector, as a way to automate and digitize accounts payable, while integrating that process into existing ERP systems. The company focuses on accounts payable automation software.

accounts payable 62

accounts payable Accounts Payable Automation AP Processes B2B 62

PYMNTS

JUNE 6, 2019

Many accounts payable ( AP ) departments are still burdened with manual, paper-based payment processes, or have implemented payment automation solutions only to find that the benefits weren’t as significant as they’d hoped. Thus, accounts payable management is all too often more art than science. Solving Friction Points.

Technology 71

Technology accounts payable AP Processes B2B 71

PYMNTS

AUGUST 14, 2018

What will it take for the payment method to find its way into mainstream B2B payments use cases, particularly for middle market companies that are heavy users of ACH today for paying suppliers? This led to the question: Who has the incentive to drive more B2Bs to Same Day ACH? today), but not necessarily to pay their suppliers.

B2B 40

B2B Real Estate accounts payable Technology 40

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. They also let finance departments work from any place where an internet connection is available.

AP Automation 76

AP Automation AP Processes Technology accounts payable 76

PYMNTS

APRIL 1, 2016

Corporations have been chastised in recent years as floods of new data reveal the ongoing prevalence of paper checks in B2B payments. The B2B payments space, on the other hand, not so much. The B2B space has, historically, had challenges.”. “And, B2C To B2B. Bank’s head of receivables solutions for treasury management.

B2B 41

B2B B2C accounts payable Education 41

PYMNTS

NOVEMBER 3, 2016

With data analytics now a paramount process of cash flow management, developers are tasked with making their most innovative B2B payments and finance technologies seamlessly integrate with ERP and accounting platforms. The issue, said U.S.

accounts payable 73

accounts payable B2B accounting and finance accounting system 73

PYMNTS

FEBRUARY 13, 2018

Corporate FinTech Zoho , which provides software for business processes like accounting, said it has taken a step it considers an industry-first by partnering with India’s ICICI Bank. The CEO continued, “This partnership allows businesses to execute bank transactions right where the context is fully present — your accounting system.

B2B 40

B2B accounts payable Technology accounting and finance 40

PYMNTS

MARCH 6, 2018

Commercial cards make up just a fraction of the supplier payments space, but the rise in virtual card technology – and the efficiency and security that come along with it – could help card issuers grab a larger slice of the B2B payments market. The partnership is incredibly beneficial to both firms. percent of payment volume by 2020.

accounts payable 46

accounts payable B2B Accounts Payable Automation Technology 46

PYMNTS

OCTOBER 10, 2018

The app will leverage Mastercard In Control for Commercial Payments, letting community banks provide a white-labeled accounts payable platform for their corporate customers. Accounts payable departments are essential to the operations of any company,” said Regal Software founder and CEO Kofi Conduah in a statement.

accounts payable 53

accounts payable accounting system Account accountant 53

PYMNTS

AUGUST 8, 2018

When it comes to accounts payable, there is no shortage of FinTechs that have taken either one of these approaches in an effort to address the many pain points of the procure-to-pay cycle. Addressing that pain point can make accounts payable processes much more efficient, he noted.

accounts payable 48

accounts payable B2B Technology Account 48

PYMNTS

JANUARY 12, 2017

That is, professional sports organizations can act as corporate role models to other organizations, at least when it comes to their B2B payments practices, said Max Eliscu, CEO of B2B payments and invoicing firm Viewpost. But professional sports organizations can act similarly. Every business has those issues.

Sports 44

Sports B2B Entertainment accounting and finance 44

PYMNTS

MAY 22, 2017

B2B payments company Comdata wants to streamline the process by which companies can enroll suppliers onto a virtual card program and is seeking a patent for its solution. We already integrate our virtual credit card system to each client’s ERP or accounting system to make the payment and reconciliation process seamless.

Technology 40

Technology Accounts Payable Automation accounts payable AP Processes 40

PYMNTS

JANUARY 24, 2020

Getting a handle on cash flowing in through accounts receivable (AR), and money flowing out through payroll and accounts payable (AP), is no easy task for resource-strapped SMBs – but in the auto collision market, cash flow complexities can be more extreme than the average mom-and-pop shop. . Cash Outflow Volatility.

payroll 98

payroll accounts payable quickbooks Manufacturing 98

PYMNTS

NOVEMBER 30, 2018

the accounts payable [AP] department), where employees can deliberately report incorrect spending, overstate payments or even create fake vendors. “Because it really is a personal kind of thing, rather than an issue with their accounting systems. The channels through which embezzlers commit their crimes vary, too.

accounts payable 55

accounts payable payroll Technology accounting and finance 55

PYMNTS

MAY 5, 2016

If only commercial (B2B) payments could be as frictionless as retail payments, when consumers pay merchants. That’s an ambition shared by many an entrepreneur who sets out to innovate the massively huge opportunity that awaits in the B2B space. It’s what also drove Mike Galarza to found Entryless. Australia … the U.K.,

B2C 43

B2C B2B quickbooks accounts payable 43

PYMNTS

OCTOBER 10, 2019

A simple mistake, such as incorrect information entered into an accounting system, can result in delayed payments, or even payments made to the wrong organizations. . A good portion of these issues can be traced back to paper-based, manual work and human error.

Technology 46

Technology AP Automation AP Processes accounts payable 46

PYMNTS

JUNE 21, 2019

Standardizing the way companies issue electronic invoices further reduces reliance on paper, while, at the same time, more closely integrating vendor systems with buyer platforms to streamline the flow of invoice data into ERP and accounting systems. a lack of standardization has accounts payable (AP) teams scrambling.

accounts payable 43

accounts payable Technology B2B accounting system 43

PYMNTS

JANUARY 26, 2017

Cross-border payments, trade finance, smart contracts — blockchain has the potential to disrupt B2B processes, but FinTech players are only beginning to take these concepts onto a real-world stage. For one firm, Finlync , the key to unlocking the potential of blockchain in B2B processes is unlocking the underlying data of that activity.

B2B 57

B2B accounting and finance Technology accounting system 57

PYMNTS

JANUARY 19, 2021

The combination will offer a “seamless, automated way to reconcile payments, bills and invoices” with a company’s accounting system, the release stated. Eliot Buchanan , CEO and co-founder of Plastiq, said the hope with the new integrations is to reduce errors and cut down on accounting time. “By

quickbooks 74

quickbooks Technology accounting and finance accounting system 74

PYMNTS

MARCH 1, 2018

The package must include the laundry list of financial records lenders want to review: balance sheets and financial statements, bank statements, tax returns, accounts payable and receivable and details about the vendors on those lists, as well as details about outstanding loans and tax returns. From Days to Seconds.

accounts payable 40

accounts payable forensic accounting tax return accounting and finance 40