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AP Automation Company Stampli Nets $61M in VC Funding

CPA Practice

Stampli , a provider of AI-powered accounts payable automation, today announced that it has raised $61 million in a Series D venture funding round led by funds managed by Blackstone, with the participation of existing investors Insight Partners, SignalFire, Bloomberg Beta, and NextWorld Capital.

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Leading analyst IDC recognizes innovation in procurement solutions.

Airbase

This is why we’re seeing intake solution providers adding accounts payable automation to their offering. Accounts payable and procurement. But Airbase’s platform takes the impact of intake one step further by adding it to our sophisticated accounts payable functionality.

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US Bank, Inworks Partner On Hospital Payments

PYMNTS

Bank has teamed up with accounts payable automation firm Inworks to streamline business-to-business payments within the healthcare sector. Bank will lend its Virtual Pay Visa Card payments capabilities to the Inworks Intelligent Pay B2B payments platform designed for the healthcare market. In 2017, U.S.

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Ancora On Streamlining AP Processes With Machine Learning

PYMNTS

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 solutions help firms manage their financial systems in accordance with the law.

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The major benefits of AP Automation.

Airbase

Accounts payable (AP) refers to the series of steps that companies take to pay their bills. It requires the safe handling and recording of funds transferring from the company’s bank account to suppliers and vendors. Table of Contents FirstHeading What is AP automation? Using AP automation software.

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Visa Turns To V-Cards With Billtrust For AR Automation

PYMNTS

When it comes to growth of virtual corporate card payments, we have seen and built a lot of momentum on the accounts payable side,” Hall said. “We Today, together with Billtrust, we are one step closer to removing adoption barriers for suppliers and their accounts receivable departments.”.

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Fundbox, Tipalti Tip The B2B Payments VC Scales

PYMNTS

Zeev Ventures led the $76 million fundraise for accounts payable automation company Tipalti , while Group 11 and new investors Greenspring Associates, TrueBridge Capital Partners, and 01 Advisors also participated. According to Tipalti CEO and co-founder Chen Amit, “manual accounts payable processes are no longer an option.”.

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