PYMNTS

DECEMBER 6, 2020

Procurement Partners , which works on procure-to-pay (P2P) services for healthcare providers, has received an investment from Serent Capital , according to a press release. Through 100 percent invoice integration, the service boasts improvements to savings, and offers a compliance audit feature that can help vendors cut spending.

Technology 60

Technology Approval Workflows Healthcare audit 60

PYMNTS

DECEMBER 19, 2018

Blockchain has been steadily making inroads in the B2B realm as a way to help boost supply chain transparency and efficiencies. In terms of individual company news, as reported by CNBC , McKesson’s Change Healthcare announced the acquisition of PokitDok, which has a presence in blockchain for the healthcare sector.

Healthcare 62

Healthcare B2B Government audit 62

PYMNTS

JANUARY 22, 2019

Crowe is addressing this friction with the rollout of its Crowe Automated Reconciliation for Healthcare tool, providing hospitals a three-way match solution between their general ledgers, patient accounting systems and banking providers. The financial services sector is promoting innovation in the area of healthcare financial management.

Hospitality 73

Hospitality general ledger Healthcare Technology 73

PYMNTS

JANUARY 29, 2020

These systems also drive up administrative costs for companies needing to audit or verify each piece of relevant financial information before it is reported to tax authorities. Many of these tools are designed for consumers and not employers, however, and B2B financial innovation has proceeded at a much slower pace.

Tax 56

Tax Technology Spend Management Expense Reimbursements 56

PYMNTS

JANUARY 2, 2019

At the same time, B2B transactions — along with payments and related processes in healthcare and other areas — are surely, if slowly, moving away from analog and paper and further into the digital realm. Audit Trail. You have an audit trail,” Grant said.

Spend Management 56

Spend Management Spend Management Platform audit Maine 56

PYMNTS

APRIL 22, 2019

In addition, the technology can boost information and money flow, improve auditability and streamline processes. The companies pointed out that blockchain can minimize fraud for importers and exporters, banks and financial institutions, insurers and export credit agencies, government agencies and service providers.

Finance 43

Finance Pharmaceutical Technology Healthcare 43

PYMNTS

AUGUST 21, 2019

Legislation like the Sarbanes-Oxley Act and others have put pressure on companies to be able to show an auditable and measurable process in all their financial systems,” Flynn said. Deployments are occurring across verticals including financial, healthcare, education, retail and others, Flynn noted. “We

AP Processes 46

AP Processes AP Automation accounts payable Technology 46

PYMNTS

SEPTEMBER 24, 2018

healthcare realm, reports surfaced that Oxford University Hospitals Foundation Trust has pulled back on paying invoices as early as had been previously seen. As a result, an audit committee has said several risks have arisen, including bankruptcy for some firms that rely on trust payments. In separate findings, in the U.K.

Hospitality 48

Hospitality Construction Government Healthcare 48