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. Repay Holdings said on Tuesday (Nov.

AP Automation 56

AP Automation accounts payable Technology B2B 56

PYMNTS

AUGUST 3, 2016

The latest soapbox to do so was Becker’s Hospital Review ‘s 7th Annual Meeting held last month. The event, sponsored by American Express, focused on the ways health care organizations can manage the exit of paper, manual-based accounts payable processes and progress into digital B2B payments.

accounts payable 40

accounts payable Hospitality AP Processes B2B 40

PYMNTS

MAY 21, 2020

As he told PYMNTS in an interview done through written exchange, the hospitality industry has long been marked by ever-increasing booking volume; high margins; and relatively high trust between stakeholders. eInvoicing can streamline accounts payable processes and improve relationships with suppliers. “An

B2B 94

B2B Hospitality accounts payable Technology 94

PYMNTS

JULY 2, 2020

Often at the center of this initiative is the accounts payable (AP) department — and unsurprisingly for these volatile times, the strategy can turn toward lengthening the days payable outstanding (DPO). “We’re seeing a lot more of that mentality.” “It’s also the ergonomics of it.

accounts payable 104

accounts payable B2B Hospitality accounting and finance 104

PYMNTS

OCTOBER 1, 2020

At a high level, said Disque, the embrace of automated accounts payable (AP) processes has been consistent across verticals. CSI, he noted, has insight into a number of industries, where the payment processing platform (focused on integrated payables) aggregates and accepts payments on behalf of a wide range of businesses.

AP Automation 77

AP Automation Technology AP Processes Hospitality 77

PANALITIX

JANUARY 5, 2021

Others will not have any strategic financial support… which is a huge opportunity for accountants. How should accountants pursue this opportunity? The CFO should have laser-like focus on how improved inventory management, accounts receivable and accounts payable affects the business.

accounting and finance 130

accounting and finance accounts payable Start-ups Hospitality 130

PYMNTS

SEPTEMBER 29, 2020

Advances in artificial intelligence (AI) and automation technology has introduced a whole host of ways to help corporate finance teams from accounts payable (AP) to accounts receivable (AR) recover hours lost to what has traditionally been manual tasks.

Technology 59

Technology accounts payable accounting and finance auditor 59

PYMNTS

APRIL 9, 2020

Cash crunches and B2B payment slowdowns are the new reality for many firms, particularly those in the transportation and hospitality sectors, where Leavitt predicted a meaningful decline in corporate spend in the coming months.

B2B 93

B2B Hospitality Technology accounts payable 93

PYMNTS

JULY 10, 2020

We have deep dives into global fruit supply chain technology, account takeovers (ATOs), and news on stimulus checks. Senate Majority Leader, said he could be open to further stimulus checks for people, noting that the most impacted workers make approximately $40,000 annually or under and a number of them are in hospitality.

Technology 59

Technology Hospitality accounts payable Retail 59

MineralTree

DECEMBER 22, 2022

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.

accounts payable 52

accounts payable AP Automation Account accountant 52

PYMNTS

FEBRUARY 19, 2018

Reports in ZDNet said Webjet’s Blockchain-as-a-Service platform Rezchain deploys smart contracts to ensure hotel companies are able to reconcile accounts receivable (AR) and accounts payable (AP), and has just signed agreements with four travel brands to use the tool.

B2B 43

B2B accounts payable Hospitality Technology 43

PYMNTS

AUGUST 4, 2020

Not all corporates are in a position to accelerate accounts payable (AP) or extend trade financing programs to vendors, with players in industries like travel and hospitality in a particularly precarious situation. That’s not to discount the very real cash flow challenges businesses around the world continue to face today.

Finance 124

Finance accounting and finance accounts payable Hospitality 124

PYMNTS

NOVEMBER 8, 2019

Bottomline Technologies reported fiscal first-quarter results that showed continued traction in areas of digital banking and accounts payable (AP) technologies. Paymode-X was adopted by a leading eCommerce company as well as several hospitals and healthcare providers, according to the CEO. percent to $108.1

AP Automation 43

AP Automation accounts payable Technology Hospitality 43

PYMNTS

APRIL 16, 2020

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

Finance AP Automation accounts payable Entertainment 75

PYMNTS

APRIL 19, 2019

Aimed at consolidating spend across accounts payable, employee expenses and other processes, Airbase offers companies a way to manage and control the money that flows out of a business. The company said it plans to use the investment to further build out its lending operations. Chainalysis.

B2B 69

B2B accounts payable Spend Management Hospitality 69

PYMNTS

DECEMBER 10, 2020

Further, hospitals and other healthcare entities typically operate on a just-in-time ordering basis in order to adjust purchasing based on their changing needs. Indeed, these entities must purchase food and beverage, cleaning supplies, office supplies and more to fully operate.

Healthcare 87

Healthcare accounts payable Hospitality Spend Management 87

PYMNTS

MARCH 8, 2018

They are impacting the way car dealerships, hospitality companies, banks and freelance workers exchange money across borders. In Australia, a hospitality company is putting blockchain solutions to work on payment reconciliation. Travel booking firm Webjet recently debuted its blockchain-as-a-service (BaaS) platform, Rezchain.

Hospitality 43

Hospitality Education accounts payable B2B 43

PYMNTS

OCTOBER 11, 2016

When Sourcery launched, CEO Na’ama Moran said there was a bit of a chicken-and-egg issue: She wanted the company to become a holistic B2B payments player, but should it begin with accounts receivable or accounts payable? “You know exactly when your money goes out and when it comes out of your account.

B2B 75

B2B accounts payable accounting and finance Hospitality 75

PYMNTS

JUNE 13, 2016

33% of procurement officials don’t have a procurement management system , at least those in the Middle East across the hospitality industry. 88% of finance professionals anticipate a rise in payments fraud , said TD Bank in its latest analysis.

Hospitality 41

Hospitality accounts payable accounting and finance Finance 41

PYMNTS

MARCH 30, 2018

Texas’ SpyCloud delivers protection against account takeover for its corporate clients. SpyCloud identifies exposed employee and customer accounts to safeguard them before any malicious activity can occur.

B2B 46

B2B Technology California Hospitality 46

PYMNTS

JULY 3, 2019

Accounts receivable departments are often hospitals’ first lines of defense for maximizing days cash on hand, but when cash flow trickles to a drip, the ramifications are felt all the way through to accounts payable. Cash is always important, but for hospitals, it’s extra important,” he said in an interview.

Hospitality 46

Hospitality accounts payable Healthcare Technology 46

PYMNTS

FEBRUARY 14, 2018

Mastercard is, in effect, using the Boost Payment Solutions gateway to make funds and related data flow more seamlessly between the accounts payable (AP) and accounts receivable (AR) sides of the buyer/supplier equation.

B2B 40

B2B accounts payable Hospitality New York 40

PYMNTS

DECEMBER 29, 2020

Hospitals and clinics seeking payment for services rendered generally send claims to patients’ insurance plans, along with any additional documentation that may be helpful in explaining the procedures performed. Healthcare and insurance providers are therefore often reluctant to take on the risk of automating these data exchanges.

Healthcare 52

Healthcare Hospitality B2B Government 52

PYMNTS

DECEMBER 23, 2020

Firms in other sectors often provide goods and services to clients, then submit invoices and receive payments, but health clinics and hospitals go through less-straightforward approaches to obtaining compensation. Healthcare providers face uniquely complex payment flows. Around The B2B Payments Landscape.

Technology 80

Technology Healthcare B2B accounts payable 80

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

Cherry Bekaert

APRIL 3, 2023

RPA at Work As a multi-specialty telemedicine provider for hospitals, clinics and remote locations nationwide, the healthcare organization offers 24 inpatient and outpatient specialties via virtual consultations.

Technology 71

Technology Healthcare accounts payable audit 71

Snyder

FEBRUARY 1, 2023

In 2023 even if you been living in the middle of nowhere, you must have come across various types of automation, starting from cookie-based advertising and automated bank notifications going all the way to stock markets and accounting automation. Are you engaged in the hospitality industry?

Technology 52

Technology E-commerce accounting and finance quickbooks 52

PYMNTS

JANUARY 20, 2017

By their very nature, virtual cards are controlled, he explained, because they are single-use accounts and have the ability for payments thresholds to be set, as well as very defined criteria as to who the payments can be made to. This type of control also helps from both a reconciliation and fraud prevention standpoint.

accounts payable 44

accounts payable B2B Education Entertainment 44