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The treasury function: Its role in protecting financial resources.

Airbase

The survey revealed that the majority of participants consider “managing liquidity risk and overseeing financial risk management” to be crucial priorities. An automated, consolidated spend management platform helps treasury departments gain the visibility and control they need to build responsiveness for a turbulent economy.

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Don’t be hurt by the shortage of accountants. Give them what they need.

Airbase

When all payment methods are brought together in a single platform, accounts payable work is transformed. Instead of tasks like matching POs to invoices, they can play an active role in improving revenue, finding ways to eliminate wasted spend, and participating in FP&A functions. No more manual reconciliations.

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Virtual Cards Help Companies Manage Spend In Real Time

PYMNTS

This month’s Deep Dive explores the various benefits that virtual cards can bring to firms’ accounts payable and accounts receivable processes. About The Playbook.

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How AR-AP Connectivity Works To Deepen Buyer-Supplier Ties

PYMNTS

As more technology emerges to sit between a company’s accounts payable (AP) platform and its vendor’s accounts receivable (AR) portal, service providers are looking to ease friction in a multitude of ways, from accelerating payments and cash flows to easing contract negotiations.

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Invoice Automation: What you need to know.

Airbase

However, proper data management and double-checking the data will remain important to maintain the accuracy of the invoicing process. 3-way match is a process used in accounts payable to ensure that invoices are accurately matched to the correct purchase order and corresponding goods received note (also called the receiving report).

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Commercial Cards Gear Up For Corporate Travel’s Return

PYMNTS

In another initiative focused on spend management, BNP Paribas announced that it is adding virtual commercial cards within the expense management platform Coupa , linking those cards to Coupa Pay, PYMNTS reported.

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Visa, Mastercard, Amex Stake Their Bets On B2B

PYMNTS

Cards are still expected to account for only a minor fraction of B2B payments volume in accounts payable by the end of the year, after all, with ACH gaining traction as the go-to ePayments rail for corporate payers.

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