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AP-focused financial automation platform Stampli announced the release of an AI-driven procure-to-pay solution that works through dynamic conversations with the system itself.
Plus, Simfoni lands on Vroozi's procure-to-payplatform, Kyrbia collaborates with an Italian bank on supply chain financing, and the EU's digital chief will discuss rules with tech giants. Each card payment is then assigned a virtual number tied to a commercial card account. PayPal Ventures Invests $11.9M
Transcepta, a procure-to-payplatform, is ramping up its use of artificial intelligence (AI), the company said late last week. In an announcement , the company said its leveraging of AI and predictive analytics technologies can enable smarter procurement decision making.
Driving efficiency in accounts payable (AP) can stem from an array of efforts. In addition, adopting a digital accounts payable platform can streamline operations, as well as open access to digital data for analytical and process automation purposes. ”
Procure-to-pay software company Yooz plans to expand into the U.K., A press release revealed that the company will make its automated accounts payable (AP) solution available to U.K. ” The launch comes as AP automation grows increasingly in-demand among corporate finance professionals. .’s
The integration of Airbase’s finance solutions with Paylocity’s human capital management (HCM) platform is expected to provide companies the ability to see payroll and non-payroll spend in real time, leading to a faster financial close, improved planning, and stronger financial controls, Schaumburg, IL-based Paylocity said.
Genpact will provide artificial intelligence , machine learning, robotic process automation, analytics and other technologies, while Tradeshift will connect joint customers to enterprise apps to support digitization and automation of accounts payable, procurement and supplier management operations for streamlined procure-to-pay.
based procure-to-payplatform that aims to link companies with a consumer-like eCommerce experience in the procurement department. 1), was provided by Bridge Bank’s Technology Finance Group in the form of venture debt. Accounting. Bridge Bank provided $4 million in funding to BuyerQuest, a U.S.-based
Suppliers look to various financing solutions to fill in their cash flow gaps, but a lack of credit history often means expensive loans. The procure-to-payplatform of the Ariba Network revealed last week a new joint venture with the supply chain financing solution offered from PrimeRevenue.
The procure-to-pay space is also closely linked to the alternative finance market, as financing products like supply chain finance and dynamic discounting integrate into procure-to-payplatforms like Direct Commerce’s.
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