PYMNTS

FEBRUARY 19, 2018

There are, of course, early adopters of AP automation, he said — typically younger companies that are smaller, which “look to automate everything,” said Amit. Beyond the early adopters who embrace new ways of doing things, other firms that find their way to AP automation do so by dint of an approach borne of urgency.

AP Automation

Accounting Insight

MARCH 17, 2023

Automation reduces the number of human errors and manual interventions required. With AP automation, companies can reduce their invoice processing costs by up to 80%. The average cost to process a single invoice can be up to £15 when done manually, compared to less than £5 for those that have implemented AP automation.

AP Automation

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. Across the board, he said, CFOs and executives are realizing that they can’t keep up just by throwing more bodies at the problem.

AP Automation

PYMNTS

OCTOBER 28, 2020

Today in B2B payments, accounts payable automation firm CPS finds a buyer. Plus, a new FinTech, OpenEnvoy, launches to combat B2B payments fraud, while PCMI collaborates on B2B payments automation, and OpenPayd launches an FX-as-a-Service solution. REPAY Inks Deal For B2B AP Automation Firm CPS.

B2B

MineralTree

APRIL 13, 2023

The right tools like an AP automation solution, will reduce duplicate payments , leading to better vendor relationships and more efficiency across the AP team. Reduce duplicate payments Duplicate payments are a costly and time-consuming line item for businesses.

accounts payable

PYMNTS

AUGUST 21, 2019

The drive to eliminate paper in the accounts payable process, to cut the steps that lead to inefficiencies, continues to get a boost from technology. AP automation has been available in one form or another for more than 20 years, said Flynn. But they still need to be processed as a paper invoice.” The Compliance Factor.

AP Processes

PYMNTS

APRIL 10, 2018

NetSuite has its own PO creation capability, but the integration enables users to streamline their complete accounts payable (AP) workflow.

NetSuite Integration

PYMNTS

MAY 12, 2016

According to Esker, that demand comes with an increasing need not only for transparency but for faster insight into the data AP professionals seek. Beyond exceptions, a lack of visibility means friction in addressing supplier inquiries, auditing and budgeting. Moving Forward .

accounts payable