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AP Automation Is Ready For WFH Accounting

PYMNTS

Legacy payment options like paper are getting nudged out by faster better methods like credit cards, which are more cost-effective for buyers’ accounts payable (AP) teams to send and quicker for suppliers’ accounts receivable (AR) professionals to receive. It’s time for a solid path to AP modernization, and the industry gets it.

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Centsoft Unveils AP Automation For Construction Industry

PYMNTS

To help project managers and administrators save time, Centsoft has unveiled an accounts payable (AP) automation technology for firms in the construction industry. Additionally, the infrastructure automates the procedure for processing the hard copy and emailed invoices that construction firms receive for their work.

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AP Automation: B2B’s Digital Shift Accelerates Move To Touchless Payables

PYMNTS

In the continuous movement toward automating B2B payments – and especially payables – the pandemic is pushing firms to examine internal workflows and embrace the touchless process. Robotic process automation and accounts payable (AP) automation can be blended into solutions that are verticalized for specific tasks.

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Intermediary Account vs. Direct Debit: An Overlooked Yet Critical AP Automation Criteria

MineralTree

This same principle applies to AP automation solutions. Products using an intermediary or FBO account to make vendor payments are akin to connecting flights. These AP solutions move funds first from your bank account to the processor’s account before finally delivering them to the organization you’re paying.

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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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Amex To Acquire Digital Payments Automation Firm

PYMNTS

American Express has announced that it plans to acquire acompay, a digital payment automation platform, from ACOM Solutions. Developed in 2016, the acompay platform integrates with enterprise resource planning or accounting systems and supports check, automated clearing house (ACH), and card payments.

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MineralTree Expands Integrations For Remote AP Departments

PYMNTS

To help additional middle-market companies automate their accounts payable (AP) processes, MineralTree announced that it has grown its integration abilities, according to a press release. Middle-market businesses are absolutely critical to the U.S.