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Funding Round Could Give AvidXchange $2B Valuation

PYMNTS

Automated business payments processing firm AvidXchange is launching a new fundraising round that could give the firm a $2 billion valuation, The New York Times reported on Monday (Dec. The integration means banking customers will gain access to the AvidPay network for streamlined accounts payable (AP).

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AP Automation’s Role In Paying The Gig Economy

PYMNTS

For the companies that pay these workers, sometimes globally and across currencies, managing accounts payable (AP) processes is quickly becoming a complex endeavor. With the rise in short-term ad hoc work, the very nature of how workers are paid is changing, too.

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Melio CEO: Helping SMBs Break Their Paper Check Dependency

PYMNTS

Taking a step back to address what’s happened so far, Bar noted that Melio bills itself as an “accounts payable experience” that is designed for small businesses based in the United States. In a nod to payments flexibility, Melio offers a (free) digital accounts payable and receivable solution for small companies. “At