article thumbnail

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.

article thumbnail

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.

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

AvidXchange Debuts Initiative To Help Firms Quickly Automate AP

PYMNTS

To assist businesses in automating their accounts payable (AP) expediently and cost-effectively, AvidXchange has rolled out its “ Boost your Business ” program. The program assists companies in moving to digital billing and payments in under 45 days, according to a Tuesday (Sept. 8) announcement.

article thumbnail

Strategies for Companies Facing an Economic Downturn & Inflation

MineralTree

Finance teams can reduce manual processes, improve accuracy, and reduce costs simply by automating processes such as accounts payable , expense management, and invoice processing. Another option is to sell off non-core assets such as excess real estate, vehicles, or equipment.

article thumbnail

AvidXchange: Automating HOA Payables Is Harder Than It Sounds

PYMNTS

The FinTech automates invoice management and payment processes for several HOA management companies today, and its recent partnership with Bradenton, Florida-based Premier Community Bank will build on that, Praeger said. But it’s not just about enabling electronic signatures and approvals from HOA board members who are wintering out of town.