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The Ultimate Guide to Digital Transformation in Accounts Payable

MineralTree

What does digital transformation mean in Accounts Payable? Digital transformation in Accounts Payable (AP) occurs when teams use technology to automate and streamline manual processes across the back office. APQC reports that industries using manual accounts payable invoice processing typically pay more in labor expenses.

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147 Cloud Accounting Software Apps: The Big List

Ryan Lazanis

If you want to see the best cloud accounting software apps all in one place, then you’ll LOVE this ultimate list. In it, I’ll be sharing 147 of the best cloud accounting software apps on the market. Each item in the list will contain a brief description and will focus on how you can level up your accounting automation.

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JPMC: Why Working-Capital Trade Finance Is On The Rise

PYMNTS

And according to Fraser, that means banks will be poised to support that cash flow collaboration through trade finance innovation. Lessons Learned From 2008. According to Fraser, that has a profound impact on these firms’ ability to support their partners. There are new lessons to be learned, too.

Finance 124
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US Bank, Inworks Partner On Hospital Payments

PYMNTS

Bank has teamed up with accounts payable automation firm Inworks to streamline business-to-business payments within the healthcare sector. In a press release on Monday (June 24), the firms said their tie-up will connect hospitals and other companies in the healthcare services space with B2B payments and other financial services.

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More Businesses Are Turning to Automation to Manage Tax on Purchases

CPA Practice

That’s according to a new survey from Avalara of accounts payable departments, accounting, finance, and tax professionals that focus on managing use tax obligations. Avalara, Inc. ,

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Finexio Raises $23M Towards Providing AP Payments Tools

PYMNTS

With the new funding, Finexio is looking at continuing to streamline and optimize the last mile of the corporate accounts payable process. The company primarily represents customers in the fields of hospitality, higher education and business service verticals.

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Tipalti CEO: Helping Finance Teams Make Today’s Decisions With Tomorrow In Mind

PYMNTS

However, Tipalti Co-founder and CEO Chen Amit said he’s noticed more businesses taking the leap into accounts payable (AP) automation to mitigate the friction that comes with a remote workforce and cash flow pressures. Some firms, like those in the travel and hospitality market, remain in a particularly tough situation.

Finance 75