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Regional Banks Guide Corporates To Future-Proof Accounts Payable

PYMNTS

Accounts payable (AP) teams and other financial functions of the enterprise were some of the hardest hit by the disruption caused by the global pandemic. “Companies are increasingly looking to more efficiently manage the accounts payable process,” he said. ” Offering the Right Tools.

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MineralTree Raises $50M, Buys Two Companies

PYMNTS

the Massachusetts-based accounts payable (AP) automation software provider, announced a $50 million Series D investment round and the purchase of two companies Thursday (Sept. MineralTree Inc., 406 Ventures, the Boston venture capital fund.

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COVID-19 Scams Target The Business Community

PYMNTS

500,000 or more in fines may be issued to a Massachusetts woman who pleaded guilty to taking part in a BEC scam, according to a press release by the U.S. For example, in one case, the brothers allegedly changed the PO number of units from less than 100 to 10,000, allowing them to over-bill for the fake order. Department of Justice.

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Modernizing Money Management: The Shift from Manual to Automated AP Processes

CPA Practice

Goldman Sachs recently estimated that automating Accounts Payable processes can result in time savings of 70-80% for small and medium-sized businesses. Efficient accounts payable (AP) processes are crucial for maintaining a healthy cash flow and fostering strong relationships with suppliers. By Laurent Charpentier.

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Main Street SMBs, Digital AP, GoodRx’s IPO Tops This Week’s News

PYMNTS

We have deep dives on the financial health of Main Street small and medium-sized businesses (SMBs), digital accounts payable (AP), and GoodRx ’s initial public offering (IPO). . Massachusetts-based accounts payable (AP) automation technology firm MineralTree Inc. 23) after the firm had an IPO at $33 per share.

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Today In Payments: MineralTree Raises $50M, Buys Two Companies; Robinhood Raises $460M

PYMNTS

the Massachusetts-based accounts payable (AP) automation software provider, on Thursday (Sept. Plus, FIS and The Clearing House have partnered to provide instant settlements to small banks and credit unions. MineralTree Raises $50M, Buys Two Companies. MineralTree Inc.,

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Blockchain And Banking Grab $226 Million In Investments

PYMNTS

Created in the media lab of the Massachusetts Institute of Technology, Eximchain operates a blockchain platform to facilitate supply chain financing via smart contracts and its own token system. Aldrich Capital Partners announced a $26 million equity investment in accounts payable company Paymerang. Reports in City A.M.