PYMNTS

DECEMBER 5, 2019

After all, money exits a company through more than one avenue, whether it be via the accounts payable department or a firm’s own employees. Many of those pain points are, by now, well-known in the B2B payments space. Understanding businesses’ biggest payment pain points requires a wide line of sight.

accounts payable 52

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PYMNTS

JUNE 12, 2020

For businesses that continue to rely on paper and checks to manage accounts payable (AP) workflows, the reality is that working from home cannot support the legacy ways of paying vendors and managing spend.

accounts payable 56

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PYMNTS

JUNE 25, 2018

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.

accounts payable 40

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PYMNTS

NOVEMBER 21, 2018

With pressure mounting for the enterprise to digitize, accounts payable automation is seen as a crucial part of achieving greater efficiency, cost savings, visibility into spend and strengthening of vendor relationships, to name a few benefits. But when it comes to money, businesses may be reluctant to hand the reins to a third party.

Technology 63

Technology AP Automation accounts payable Accounts Payable Automation 63

PYMNTS

OCTOBER 18, 2016

In B2B payments, the paper check is an especially persistent problem that can yield inefficiencies both on the accounts payable and accounts receivable ends. Meanwhile, in B2B payments, the use of the paper check is actually on the rise within the accounts payable department.

Technology 69

Technology Account accountant accounted 69

PYMNTS

NOVEMBER 13, 2019

In the drive to manage accounts payable (AP) more efficiently, buyers can not only optimize their own working capital, they can help suppliers, too. With a nod to the partnership model, the Bottomline Technologies VP said FinTechs have helped drive the evolution of accounts payable automation.

AP Automation 46

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PYMNTS

JANUARY 10, 2020

Plus, said Jandrell, these firms increasingly require the capability to manage processes before and after purchases are made. Historically, that has meant disparate, siloed platforms for expense management, contract management, accounts payable automation and more.

accounts payable 52

accounts payable Technology Accounts Payable Automation Expense Management 52

PYMNTS

DECEMBER 9, 2019

5) that it is integrating AvidPay into its BankTEL product suite, which is designed for financial institutions (FIs) to manage accounting and expenses. The integration means banking customers will gain access to the AvidPay network for streamlined accounts payable (AP). The company announced on Thursday (Dec.

North Carolina 52

North Carolina Technology accounts payable New York 52

PYMNTS

JUNE 10, 2020

But when it comes time to pay a vendor and then account for that financial transaction, how that procurement platform speaks with adjacent accounts payable , accounting and ERP portals can have a massive impact on a firm’s ability to truly automate and gain financial clarity. A Mindset Shift.

accounts payable 52

accounts payable Technology Expense Management Account 52

Going Concern

NOVEMBER 17, 2022

There are online tools to manage accounts payable and receivable (AP and AR) for you. Melio, for example, allows you to manage and schedule business payments for your own business or your clients. Melio is a business-to-business (B2B) online payment tool specifically built with small businesses in mind.

Technology 74

Technology Start-ups accounts payable B2B 74

PYMNTS

AUGUST 25, 2016

Analysts found a major gap in how executives understand the connection between everyday financial functions, like inventory management, accounts payable and accounts receivable, and cash flow. Surprisingly, 7 percent admitted they have no strategic plan, nor do they plan to create one.

Manufacturing 40

Manufacturing accounts payable management accounting management accounts 40

PYMNTS

APRIL 17, 2018

Business owners also struggle with cash flow management, accounting, recordkeeping, reconciliation, accounts payable and accounts receivable — the list goes on — all because transactions and reporting have to be done manually. It creates a very unsafe environment.”.

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PYMNTS

MAY 16, 2016

Between treasury management, accounting, invoicing, cash management and all the other money tools corporates have access to today, it’s a wonder CFOs can keep their heads on straight.

Accounts Payable Automation 41

Accounts Payable Automation Technology accounts payable Gaming 41