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AP Automation Is Ready For WFH Accounting

PYMNTS

Legacy payment options like paper are getting nudged out by faster better methods like credit cards, which are more cost-effective for buyers’ accounts payable (AP) teams to send and quicker for suppliers’ accounts receivable (AR) professionals to receive. A Case Study In Digital Journeys.

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More CFOs Managing WFH With AP Automation

PYMNTS

Companies are now working to revamp and upgrade their accounts payable (AP) strategies to suit an environment in which financial teams must work remotely and in which cash flow strains are especially likely,” the new Guide states. And operations still using manual accounts payable (AP) methods are really rethinking things. “A

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Why 85 Pct Of Companies Want AP Automation

PYMNTS

In manufacturing plants, call centers and many other workplaces, automation is the standard. However, when it comes to corporate accounting departments, automation is still the exception. Yet, even with so much to gain, 59 percent of businesses have yet to implement any form of AP automation.

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WEX’s Dearborn Says B2B Payments Has Reached Tipping Point

PYMNTS

I think when the pandemic hit in early March, it really put a gun to the head of many companies by taking what have been Byzantine processes around accounts payable or accounts receivable and moving to much more digital means,” Jay Dearborn , president, corporate payments of WEX Inc. told PYMNTS. How Do We Get There?

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The Gig Economy Grows Up

PYMNTS

Companies that outsource large amounts of work in a freelance model are learning that legacy accounting software isn’t set up for that. As detailed in the report, California’s Assembly Bill 5 may be an unwelcome disruption for gig workers, even as it attempts to bring fairness and corporate accountability to their lives.

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Invu Reports That AP Execs Say A Need For Upgrades Is ?Urgent?

PYMNTS

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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Corcentric’s eInvoice Takeover Expands AP Reach

PYMNTS

Corcentric announced a new acquisition to help the company expand its reach into the corporate accounts payable space. 27) that it reached a deal to acquire eInvoicing provider InfoAccess.net, a move that pulls InfoAccess.net’s list of corporate clients under the Corcentric umbrella. The firm said Thursday (Oct.