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As Audits Loom, AP Automation Moves To Top Of Mind

PYMNTS

In the B2B realm, the movement to get suppliers paid on time may become a struggle, mired as AP management is in the paper chase of manual effort. In the latest Topic TBD, Chen Amit, CEO of payables automation company Tipalti , told PYMNTS’ Karen Webster that automating the AP process lets management focus on, well, managing.

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Today In B2B Payments: A New FinTech Launches, And CPS Finds A Buyer

PYMNTS

Today in B2B payments, accounts payable automation firm CPS finds a buyer. Plus, a new FinTech, OpenEnvoy, launches to combat B2B payments fraud, while PCMI collaborates on B2B payments automation, and OpenPayd launches an FX-as-a-Service solution. REPAY Inks Deal For B2B AP Automation Firm CPS.

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Tipalti Tames The Monster Ecosystem Of X-Border, AP Automation

PYMNTS

People are realizing that data entry and personnel can’t suffice anymore,” Israch said, citing fraud, tax and audit risks present in all commerce, but especially in commerce that crosses borders. Tipalti launched the program with a few partners already queued up: B2B CFO, EVO Payments International and SD Mayer.

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Trintech Eyes Transparency With Accounting Tech Update

PYMNTS

Trintech is also helping increase companies’ speed at resolving audits and going through manual period end-close activities through the addition of two new APIs: Cadency GL Reconciliations API and Cadency Close Task Field API. Companies adding more virtual card options and AP automation could see greater gains in controlling costs.

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Streamlining QuickBooks Payments: Eliminate Challenges with AP Automation

MineralTree

These hurdles stifle efficiency and accuracy, hindering the overall productivity and success of AP teams. But with the right AP automation solution, you can automate and simplify the entire AP process. How do QuickBooks payments work without AP automation?

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AP Automation’s ROI For Businesses And Suppliers

PYMNTS

Organizations evaluating the return on investment (ROI) of accounts payable (AP) automation find obvious benefits from cost savings, early payment discounts and rebate-earning opportunities. He further explained how such a business-to-business (B2B) innovation gap can impact the logistics industry. .

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CHAMPS Group Purchasing Works With Procurement Partners On Smoother P2P Services

PYMNTS

The service will “drive the efficiency of purchasing, invoicing and auditing for both members and suppliers of CHAMPS GPO,” the release says. Rusty Zosel , Procurement Partners chief executive, said the company looked forward “to bringing significant cost savings, compliance, and efficiencies through automation to them for years to come.”.