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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.

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Deep Dive: How Businesses Are Preparing Their Workers, Payments Operations For A Digital B2B Future

PYMNTS

Corporate budgets are getting smaller, consumers are limiting their spending and offices are more digital than ever. This is highlighting companies’ needs to reduce accounts payable (AP) and accounts receivable (AR) processes’ costs as well as to support daily expenditures for remote workforces.

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Gappify Launches Chatbot For Corporate Accountants

PYMNTS

The solution is integrated into Gappify’s cloud accounting software and can complete various tasks related to accounts payable, accounts receivable, payroll and other cash management functions, the company said. Gappify isn’t the only company to design a bot for corporate accounting purposes.

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Why 85 Pct Of Companies Want AP Automation

PYMNTS

However, when it comes to corporate accounting departments, automation is still the exception. Most companies — especially those prone to payments innovation — believe automating their B2B operations can provide a host of benefits. Will they be able to capitalize on it by investing in accounts payable automation going forward?

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Anybill, Intacct Align Accounts Payable Data

PYMNTS

Accounts payable solution Anybill is getting closer to existing partner Intacct in an effort to streamline the flow of financial data between the two platforms. An announcement on Tuesday (March 22) said Anybill has extended its venture with Intacct, which provides ERP software.

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ACH Shows Signs Of B2B Payments Dominance

PYMNTS

New analysis from corporate payments firm Bill.com suggests ACH payments are dominating the accounts payable department. Only 6 percent of respondents said they aren’t using digital payments to pay their corporate clients’ bills. In an announcement on Thursday (Dec.

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More CFOs Managing WFH With AP Automation

PYMNTS

Accounting departments, for example, suddenly had employees accessing highly sensitive data remotely via home Wi-Fi, without the data security extant in office-based accounting as we’ve long known it. And operations still using manual accounts payable (AP) methods are really rethinking things. “A And it won’t.