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Why Accounts Payable Is The ‘Lost Child’ Of Finance

PYMNTS

So it is with accounts payable (AP), as Chen Amit, CEO of Tipalti , told PYMNTS in a recent interview. Accounts payable is the ‘lost child’ hidden in business workflows,” said the executive. “I Of accounts payable in general, he said, “it’s a cumbersome process.

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Kodak Automates Invoice Processing For Accounts Payable

PYMNTS

14) that it is introducing an invoice automation feature. The company said its Kodak Services for Business will include invoice automation as the company pushes for further accounts payable (AP) automation capability. Bou in a statement.

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How Automation Can Improve Accounts Payable Compliance

MineralTree

In any organization, the accounts payable (AP) department is responsible for handling and processing payments. As a result, it is important that AP teams comply with relevant regulations and standards. What is Compliance in Accounts Payable? What are the Risks of Poor Compliance in Accounts Payable?

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How AP Automation Makes Or Breaks Vendor Relationships

PYMNTS

Supplier onboarding guided by automated and dynamic accounts payable (AP) procurement processes can have different results. Making AP automation key in supplier management will thus pay dividends, providing streamlined operations, greater control over cash flows and deeper knowledge of partners’ activities.

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Today In B2B: ERPs Broaden B2B Payments Capabilities; Bloomberg Broadens Credit Risk Data Pool

PYMNTS

Commercial banking platforms, small businesses, corporations and government entities alike can access the service, the release stated. Palette Software Integrates With Aptean ERP For B2B AP Automation. The connection will let firms that have invested in Aptean digitize their AP processes with Palette's offering.

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ACH vs. Checks vs. Virtual Cards: Key Differences

MineralTree

For accounts payable (AP) teams, vendor payments are the cornerstone of business relationships. Governed by the National Automated Clearing House Association (NACHA), these payments can facilitate direct deposits, direct payments, and electronic checks. Notably, virtual cards can transform expenses into profits.

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The Gig Economy Grows Up

PYMNTS

The fact that federal agencies – namely the Bureau of Labor Statistics (BLS) – still refer to gig workers as “contingent workers” involved in “non-primary work” underscores how far behind this megatrend government accounting has fallen.