PYMNTS

NOVEMBER 26, 2019

Accounts payable (AP) automation is beneficial, and even necessary, for many businesses still bogged down by paper. But as the latest PYMNTS Next-Gen AP Automation Tracker report highlights, adoption of AP automation technology continues to face challenges. Billtrust Broadens Business Payments Network.

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ThomsonReuters

APRIL 6, 2023

Accounts payable and accounts receivable are opposite but interconnected procedures. When accounts payable and accounts receivable are in balance, a business can plan ahead for growth. Let’s take a look at their differences. What is the difference between accounts receivable and accounts payable?

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PYMNTS

JANUARY 17, 2020

Accounts payable (AP) automation technology has hit the ground running, with solutions designed to accelerate invoice processing, optimize payment strategies and promote digital adoption. “Buyers and sellers in the B2B world, they do not share interests, many times,” he said. ” Finding A Middle Ground.

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B2B AP Automation Technology accounts payable 61

PYMNTS

DECEMBER 2, 2016

We’re covering two weeks’ worth of B2B venture capital funding, and across the board, India has come out on top. But the largest venture capital funding round went to an accounts payable automation firm in the U.S. It’s certainly not the largest funding round the B2B FinTech industry has seen.

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B2B Accounts Payable Automation accounts payable Travel Expense Management 53

PYMNTS

SEPTEMBER 27, 2019

A summer lull in B2B venture capital appears to have given way to an impressive start to the fall season. This week, two massive deals landed with B2B payments innovators at Fundbox and Tipalti, but they were far from the only players to have secured new funding.

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B2B Technology accounting and finance accounts payable 59

PYMNTS

DECEMBER 23, 2019

India-based accounts payable automation company Finly has announced new funding as it plans to expand its B2B product offering, reports in YourStory said Monday (Dec. Veekshith Rai, Finly chief operating officer and co-founder described Finly’s strategy to differentiate itself in India’s growing B2B FinTech market.

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PYMNTS

FEBRUARY 16, 2018

While there’s been much hype surrounding venture capitalists’ growing attention on B2B FinTech, this year has largely been lackluster for the industry. This week, however, B2B startups enjoyed a solid moment of funding, as familiar names like Tipalti were joined by newcomers like Zervant to address an array of business finance needs.

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B2B accounts payable Accounts Payable Automation Technology 49

PYMNTS

JULY 31, 2019

The acquisition of acompay represents an important milestone in our strategy to become essential to how our customers pay for and finance what they need to grow their businesses.”. ACOM Solutions is proud of the innovative AP automation platform we’ve built with acompay,” said Patrick McMahon, CEO & President of ACOM Solutions, Inc.

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PYMNTS

NOVEMBER 22, 2019

However recent analysis from Iron Pillar , as reported recently in the Times of India, suggests that such a slowdown may not be detrimental to the B2B FinTech startup arena. million as it prepares to launch its lending-in-a-box offering, according to Asset Finance International. Also in the U.K., Funding Xchange secured $10.3

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PYMNTS

MARCH 24, 2017

Investors diversified their funding to B2B companies this week, hitting several areas of corporate finance including accounts payable, accounts receivable, payroll and supply chain management. B2B Payments. AP Automation. Find out who. The platform also supports payments, reports said.

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B2B AP Automation accounts payable Accounts Payable Automation 43

CPA Practice

JANUARY 23, 2023

Accounts payable (AP) teams are stuck on a hamster wheel, always having to scramble to get payments out the door and then reconciling them on the back end. They’re dealing with a lot of manual work and multiple partially-automated, partially-integrated systems. Fintechs are now building B2B vendor networks at scale.

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accounts payable Technology Account accountant 52

PYMNTS

OCTOBER 11, 2016

For years, accounts payable has had a reputation for being slow, manual and inefficient. A report released by the B2B payments company this month, conducted by TechValidate Market Research, found that the majority of companies are still depending on manual processes in their accounts payable routines.

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accounts payable Accounts Payable Automation accounting and finance B2B 75

PYMNTS

JUNE 25, 2019

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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Hospitality Accounts Payable Automation Healthcare accounts payable 40

PYMNTS

FEBRUARY 7, 2019

A press release revealed that the company will make its automated accounts payable (AP) solution available to U.K. ’s struggles with late supplier payments post a key challenge to the overall economy, making the market “ripe for accessible AP automation.” the firm announced on Wednesday (Feb.

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AP Automation Technology Accounts Payable Automation accounts payable 49

PYMNTS

JANUARY 17, 2018

Israch said he’s observed increased adoption and momentum for AP (accounts payable) automation and cross-border needs — and not just at his own company. Tipalti launched the program with a few partners already queued up: B2B CFO, EVO Payments International and SD Mayer.

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PYMNTS

JUNE 22, 2016

In B2B payments, accounts payable automation is a hot topic, as are the challenges AP professionals face when it comes to paying suppliers and managing the data from those transactions. But as Corcentric and IOFM revealed, the accounts receivable department may not have total control over its ability to get automated.

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PYMNTS

MAY 25, 2017

The company announced the launch of Sage Pay Business Finance this week, the result of a new collaboration with alternative lender Liberis. Liberis, whose operations are backed by British Business Bank investments, will facilitate the financing. We are proud to work with Sage Pay, providing access to finance that some U.K.

Accounts Payable Automation 40

Accounts Payable Automation accounts payable accounting and finance Finance 40

PYMNTS

JUNE 17, 2020

To provide small companies with accounts payable (AP) automation, Medius is bringing its MediusGo invoice automation product to the American market. to get better in terms of accounts payable automated, citing research made before the entry of MediusGo in the U.S.

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Technology AP Automation Accounts Payable Automation accounts payable 52

PYMNTS

SEPTEMBER 25, 2019

Accounts payable automation firm AvidXchange is deepening its integration into NetSuite by adding new features to its AvidXchange for NetSuite (AFN) SuiteApp. Automated payments streamline finance operations by increasing efficiency across the entire organization.”.

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NetSuite accounts payable Accounts Payable Automation Technology 55

PYMNTS

NOVEMBER 21, 2018

With pressure mounting for the enterprise to digitize, accounts payable automation is seen as a crucial part of achieving greater efficiency, cost savings, visibility into spend and strengthening of vendor relationships, to name a few benefits. But going it alone can quickly overwhelm a business.

Technology 63

Technology AP Automation accounts payable Accounts Payable Automation 63

PYMNTS

FEBRUARY 27, 2020

The company recently debuted its data aggregation feature designed to provide a holistic view of customer finances across the various tools they use. Centsoft automatically records important settings including the vendor register, vendor accounts, and currency.”. China Dips Its Does Into Unlocking Data.

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quickbooks Accounts Payable Automation accounts payable accounting and finance 77

PYMNTS

JUNE 25, 2018

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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PYMNTS

MARCH 26, 2018

Complex tax law has been linked to the rise in eInvoicing in B2B commerce, according to Julie Park, managing director of VAT and customs duty at The VAT Consultancy. VAT regulations are behind the latest updates to procure-to-pay company Direct Commerce, which offers a range of services for B2B suppliers and buyers to facilitate business.

Technology 40

Technology Accounts Payable Automation accounts payable Procure to Pay Platform 40

PYMNTS

AUGUST 17, 2020

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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AP Automation Technology accounts payable AP Processes 61

PYMNTS

JULY 26, 2018

Accounts payable automation firm Tipalti announced a string of partnerships this week in deals that see the partner linking their own customers to Tipalti tools. Tipalti said in a press release on Wednesday (July 25) that it struck deals with Vindeo, Teampay and Sovos.

Technology 40

Technology AP Automation NetSuite Accounts Payable Automation 40

PYMNTS

NOVEMBER 16, 2018

In a week of multiple nine-figure venture capital funding rounds, B2B FinTech has proved it plans to end the year on a high note. Below, PYMNTS breaks down the more than $912 million raised by B2B FinTech firms this week. Automation Anywhere.

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Technology accounting and finance accounts payable B2B 77

PYMNTS

NOVEMBER 12, 2019

Innovation in the accounts payable (AP) space continues to expand, with FinTechs looking to capture their piece of a growing market driven by businesses’ desire to digitize their operations. Below, PYMNTS rounds up the latest examples of how AP innovators pull suppliers’ accounts receivable processes into the fold.

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PYMNTS

AUGUST 17, 2018

Bots are marching steadily into the corporate accounting department as professionals feel more comfortable handing tasks to a machine. The more bots make their way into the accounting department, the more concerns arise about jobs, compliance, trust and other industry-unknowns. “This is such new territory for everyone.”

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PYMNTS

MAY 31, 2018

The IRS is hiring and training more than 3,000 agents to enforce its Foreign Account Tax Compliance Act (FATCA), and the onus is now on the payer to collect all necessary tax documents from the payee and validate the info on those forms. AvidXchange. DadeSystems.

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Accounts Payable Automation accounting and finance accounts payable Florida 43

PYMNTS

MAY 31, 2018

The IRS is hiring and training more than 3,000 agents to enforce its Foreign Account Tax Compliance Act (FATCA), and the onus is now on the payer to collect all necessary tax documents from the payee and validate the info on those forms. AvidXchange. DadeSystems.

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Accounts Payable Automation accounting and finance accounts payable Florida 40

PYMNTS

SEPTEMBER 2, 2020

Additionally, the international approach of Basware and excelerateds2p affords a special ability to help firms with the most demanding (and global) accounts payable (AP) and purchasing climates. “We The news comes as Sievo , the procurement analytics firm, has become part of the Basware partner ecosystem , per news in August.

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PYMNTS

DECEMBER 12, 2019

The partnership will combine Yooz’s paperless accounts payable technology with the Microsoft Azure cloud system to help companies automate their accounting processes and increase efficiency. “By

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AP Automation Technology accounts payable accounting and finance 60

PYMNTS

SEPTEMBER 8, 2020

To assist businesses in automating their accounts payable (AP) expediently and cost-effectively, AvidXchange has rolled out its “ Boost your Business ” program. Finance staff that take part in the effort get a dedicated project manager and complimentary digital learning tools via the AvidXchange Academy. "We

Technology 57

Technology accounts payable Real Estate accounting and finance 57

PYMNTS

MAY 12, 2016

What’s next for enterprise mobility could be anyone’s guess, but some analysts have made their prediction: accounts payable. The firm broke it all down in a recent report: “ 3 Ways Mobile Solutions Address Today’s Top Accounts Payable Challenges.” Reducing Cycle Times. Streamlining Exceptions Resolution.

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MineralTree

JUNE 1, 2023

Managing accounts payable can be a time-consuming and challenging task, especially for businesses with limited resources. Thankfully, the right accounts payable software can help businesses streamline their payment processes, reduce manual errors, and improve efficiency.

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PYMNTS

OCTOBER 18, 2017

Accounts payable (AP) remains a laggard when it comes to automating the cash flow cycle. firms automate that function, according to the Federal Reserve Bank of Minnesota. Manual processes, some finance executives believe, is “the way they’ve historically been done, and they often don’t know any differently.”.

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PYMNTS

JULY 16, 2020

Commercial card innovation continues to make big waves in the accounts payable (AP) department, as corporates and card issuers alike explore new ways to drive business spend on cards beyond business trips or ad-hoc purchases. This wasn’t the only initiative in the B2B payments space that American Express has announced this month.

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