PYMNTS

NOVEMBER 7, 2018

When it comes to B2B payments digitization, not every company will experience the same journey. The current picture is quite optimistic: Researchers estimated that roughly half the value of mid-market B2B payments is already digital, with 59 percent of firms reporting the use of electronic funds transfer (EFT) to pay their invoices.

B2B 58

B2B Expense Reimbursements accounts payable Technology 58

PYMNTS

SEPTEMBER 23, 2019

Last week’s launch of the Mastercard Track Business Payment Service, designed to automate payments between the world’s suppliers and buyers, is just one sign that B2B payments are changing. Employees are no longer required to submit expense reports and wait for reimbursements, which are often tied to bi-weekly payroll cycles.

Construction 67

Construction Expense Reimbursements Agriculture accounts payable 67

PYMNTS

JULY 25, 2018

Increasingly, financial executives who start out tracking accounts payable (AP) volumes and chasing down coworkers’ expense reports will quickly find that the position demands a watchful eye on all aspects and categories of corporate spend — from travel and expenses (T&E) to procurement.

Technology 48

Technology Expense Reimbursements Spend Management accounts payable 48

PYMNTS

SEPTEMBER 16, 2019

The continued use of paper checks and Excel spreadsheets epitomize this trend: Despite the influx of accounts payable automation tools, new commercial and virtual card offerings, faster ACH options and automated accounting platforms, checks and spreadsheets continue to be favored tools.

Technology 53

Technology Accounts Payable Automation accounts payable Expense Reimbursements 53