PYMNTS

NOVEMBER 5, 2020

Many corporate buyers are finding that using paper checks increases their accounts payable (AP) expenses unnecessarily as well, and vendors often want to get paid faster than checks allow. These strains are prompting more construction firms to turn to faster, digital means of conducting their B2B transactions. About The Report.

B2B 64

B2B AP Processes Construction accounts payable 64

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

CPA Practice

AUGUST 14, 2023

This unpredictability requires businesses to ensure maximum efficiency in their finance operations. Accounts Receivable (AR) processes need to encourage on-time customer payments to optimize cash flow and enable businesses to take advantage of opportunities that emerge.

Finance 98

Finance AP Automation Technology accounting and finance 98

PYMNTS

JUNE 6, 2019

However, in the business realm, some everyday functions remain untouched by tech that can save money and, especially, time. Thus, accounts payable management is all too often more art than science. Finding a solution with these attributes is key to payment automation success for businesses. Solving Friction Points.

Technology 71

Technology accounts payable AP Processes B2B 71

PYMNTS

JANUARY 14, 2020

This complicated process can involve everything from accounting and invoicing software to bank accounts. They may instead win greater loyalty by helping businesses seamlessly use the various financial tools they want to employ. APIs support this by empowering real-time account viewing and faster payment services access.

AP Processes 52

AP Processes accounting and finance accounting software Account 52