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Finexio Raises $23M Towards Providing AP Payments Tools

PYMNTS

With the new funding, Finexio is looking at continuing to streamline and optimize the last mile of the corporate accounts payable process. Finexio already has 400 customers and $4 billion in annual spending on AP processes.

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More CFOs Managing WFH With AP Automation

PYMNTS

Adopting digital AP tools can let businesses operate remotely with ease as teams break their dependence on on-site processes and shift to the cloud instead,” per the August Guide. Along with WFH mandates are the layoffs that have thinned out many corporate accounting departments. Doing More With Less.

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Bots Enter The Uncharted Territory Of Accounting Compliance

PYMNTS

Bots are marching steadily into the corporate accounting department as professionals feel more comfortable handing tasks to a machine. Arming the bot with the ability to answer CPA questions means it would be able to support more technical aspects of corporate accounting and finance, so as to support human accountants.

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