article thumbnail

SciQuest, Basware Upgrade Their Procure-To-Pay Game

PYMNTS

2), spend management firm SciQuest revealed updates to and new features for its source-to-settle platform. “It also enables organizations to achieve greater accuracy and productivity in their purchasing and finance operations and ultimately cut costs through increased visibility into spend.” On Tuesday (Aug.

Gaming 40
article thumbnail

Genpact On The Analytics Innovations That Can Help Companies Grapple With Pandemic-Driven Changes

PYMNTS

The pandemic has been a game-changer for businesses, with retailers closing their doors, restaurants turning to delivery and pickup, and banks shifting to digital interactions to avoid potential viral transmission. How the Pandemic Changed Capital Management.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Minimize sync errors with the best accounting software.

Airbase

However, finance teams are inevitably plagued by errors as data fails to flow accurately, completely, or from one system to another. These errors force accounting teams into troubleshooting mode, often when the pressure is on to get the books closed. For our product, these are the accounting and operational workflows for company spend.

article thumbnail

Spend Analytics No Longer Enough For Procurement: Accrualify

PYMNTS

The bill will be sent, but backdated in an effort to be paid more quickly, presenting a predicament for accounts payable (AP) teams that view this tactic as a way to bypass existing payment terms agreed upon in their supplier contract. Portusach said procurement leaders seem to recognize this as they accelerate their digitization efforts.

article thumbnail

B2B Subscriptions Change The Corporate Accounting Game

PYMNTS

That expansion also means challenges for the businesses in how they manage their accounts and finances, as well as their relationship with business or consumer subscribers. ” When billing on a recurring basis instead of a single time, manual accounting tactics can make cash management monumentally more difficult.

article thumbnail

Integrated Platforms Arm CFOs With The Power To Optimize B2B Payments

PYMNTS

Accounts payable (AP) and accounts receivable (AR) personnel could no longer be in the office to handle paper, giving rise to the discussion of migrating away from physical invoices and other documents in favor of digital, automated solutions. The need to remove friction points is not just a 2020, pandemic-driven need," she said.

B2B 73