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AP Automation Is Ready For WFH Accounting

PYMNTS

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. Configurable And Secure For Remote Treasury.

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More CFOs Managing WFH With AP Automation

PYMNTS

Accounting departments, for example, suddenly had employees accessing highly sensitive data remotely via home Wi-Fi, without the data security extant in office-based accounting as we’ve long known it. And operations still using manual accounts payable (AP) methods are really rethinking things. “A And it won’t.

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Why 85 Pct Of Companies Want AP Automation

PYMNTS

In manufacturing plants, call centers and many other workplaces, automation is the standard. However, when it comes to corporate accounting departments, automation is still the exception. Yet, even with so much to gain, 59 percent of businesses have yet to implement any form of AP automation.

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WEX’s Dearborn Says B2B Payments Has Reached Tipping Point

PYMNTS

I think when the pandemic hit in early March, it really put a gun to the head of many companies by taking what have been Byzantine processes around accounts payable or accounts receivable and moving to much more digital means,” Jay Dearborn , president, corporate payments of WEX Inc. told PYMNTS. And apparently, he’s not alone.

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Invu Reports That AP Execs Say A Need For Upgrades Is ?Urgent?

PYMNTS

Reactive instead of proactive planning, late payments, a lack of visibility: Accounts payable professionals in the U.K. Accounts payable automation firm Invu released its latest survey, “ Changing trends in the purchasing processes of U.K. In its survey of 200 financial decisions at U.K.

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Corcentric’s eInvoice Takeover Expands AP Reach

PYMNTS

Corcentric announced a new acquisition to help the company expand its reach into the corporate accounts payable space. 27) that it reached a deal to acquire eInvoicing provider InfoAccess.net, a move that pulls InfoAccess.net’s list of corporate clients under the Corcentric umbrella. The firm said Thursday (Oct.

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Beanworks Looks to Help Businesses Update Outdated Accounting Technology

PYMNTS

That’s especially true in corporate accounting, says Beanworks CEO Catherine Dahl. It’s an interesting time in accounting, and there’s a huge change coming,” she recently told PYMNTS, adding that digitization will become the norm, empowering humans to take on more strategic tasks while technology handles the repetitive stuff.