MineralTree

JANUARY 19, 2023

Inflation and rising interest rates have most firms worried about their cash flow, and thus, finance departments are doing all they can to reduce overhead and organizational inefficiencies in 2023. 6 AP Automation Trends for 2023 Preparing for trends in Accounts Payable (AP) can help teams build resilience and brace for a recession.

Accounts Payable Automation 76

Accounts Payable Automation accounts payable Technology AP Automation 76

MineralTree

MARCH 16, 2023

For example, many businesses incorporate AP automation , e-invoicing, and other digital tools to quickly gain an edge over their competitors. Offloading and outsourcing AP tasks to avoid retraining teams or hiring more staff is another method used by finance teams to modernize their back office.

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AP Automation accounts payable Technology Accounts Payable Automation 88

Accounting Seed

FEBRUARY 6, 2024

[February 6, 2024] — Accounting Seed , the #1 accounting solution built on the Salesforce Platform, unveiled its first product offering of the new year, AP (Accounts Payable) Automation. Edenred Pay plays an integral part in bringing Accounting Seed’s AP Automation to market.

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AP Automation Technology AP Processes Accounts Payable Automation 59

CPA Practice

OCTOBER 3, 2023

Stampli , a provider of AI-powered accounts payable automation, today announced that it has raised $61 million in a Series D venture funding round led by funds managed by Blackstone, with the participation of existing investors Insight Partners, SignalFire, Bloomberg Beta, and NextWorld Capital.

AP Automation 59

AP Automation Technology Accounts Payable Automation accounts payable 59

Accounting Insight

MARCH 17, 2023

Automation reduces the number of human errors and manual interventions required. With AP automation, companies can reduce their invoice processing costs by up to 80%. The average cost to process a single invoice can be up to £15 when done manually, compared to less than £5 for those that have implemented AP automation.

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AP Automation AP Processes accounts payable Accounts Payable Automation 52

PYMNTS

JULY 22, 2020

Recent events have irrevocably changed the way finance departments operate, bringing to light glaring issues with the current processes. Paper invoices, on the other hand, still dominate finance departments today. where they account for 75 percent of all invoices. The race for automation in all areas of business is now underway.

Accounts Payable Automation 60

Accounts Payable Automation accounts payable Technology AP Automation 60

PYMNTS

FEBRUARY 7, 2019

.’s struggles with late supplier payments post a key challenge to the overall economy, making the market “ripe for accessible AP automation.” ” The launch comes as AP automation grows increasingly in-demand among corporate finance professionals.

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AP Automation Technology Procure to Pay Platform Accounts Payable Automation 49

Accounting Insight

SEPTEMBER 6, 2024

It has been recognised as a Great Place to Work®, AP Automation Software Top Performer by Featured Customers, Top 100 Fastest Growing Products by G2, Top AP Solution Provider by CFO Tech Outlook, AP/Invoicing Product of the Year Winner by Document Manager, and Top 50 Company to Watch by Spend Matters.

AP Automation 52

AP Automation Technology Accounts Payable Automation accounting and finance 52

PYMNTS

AUGUST 17, 2020

“Companies are now working to revamp and upgrade their accounts payable (AP) strategies to suit an environment in which financial teams must work remotely and in which cash flow strains are especially likely,” the new Guide states. And operations still using manual accounts payable (AP) methods are really rethinking things. “A

AP Automation 61

AP Automation Technology AP Processes accounts payable 61

CPA Practice

DECEMBER 20, 2023

Xero integrates with Quadient’s Accounts Payable (AP) capabilities to fully automate and streamline accounting processes. million subscribers worldwide to run their business accounting online and in one place. Xero helps 3.95

Technology 111

Technology Accounts Payable Automation AP Automation accounts payable 111

CPA Practice

OCTOBER 11, 2023

With increasing corporate belt-tightening, finance leaders are focused on boosting the productivity of lean AP teams and taking measures to cut costs. According to a new survey, many are turning to automation to achieve this goal. Almost half (45%) of firms looking to hire anticipate hiring challenges and delays.

Finance 59

Finance AP Automation AP Processes Approval Workflows 59

MineralTree

JUNE 1, 2023

QuickBooks is a popular accounting software for small and mid-sized businesses. Integrating QuickBooks with a compatible accounts payable automation software helps finance teams digitize their entire AP process. However, the standard format of QuickBooks AP can be quite manual and time-consuming.

accounts payable 75

accounts payable quickbooks AP Automation AP Processes 75

PYMNTS

DECEMBER 23, 2019

India-based accounts payable automation company Finly has announced new funding as it plans to expand its B2B product offering, reports in YourStory said Monday (Dec. Veekshith Rai, Finly chief operating officer and co-founder described Finly’s strategy to differentiate itself in India’s growing B2B FinTech market.

AP Automation 52

AP Automation Technology Accounts Payable Automation accounts payable 52

CPA Practice

NOVEMBER 14, 2023

used its annual QuickBooks Connect user conference in Las Vegas to announce QuickBooks Bill Pay , a new solution fully integrated within QuickBooks that transforms bill pay for businesses and delivers accounts payable automation. Intuit Inc. Intuit is the maker of TurboTax , Credit Karma , QuickBooks , and Mailchimp.

quickbooks 111

quickbooks AP Automation Accounts Payable Automation Approval Workflows 111

PYMNTS

NOVEMBER 13, 2019

To that end, Bottomline Technologies Vice President of Strategy and Product Bill Wardwell said, AP automation can help. Accounts payable has a tremendous opportunity to transform and improve their business’s overall approach to managing finances, operations, and trading relationships,” he told PYMNTS in an interview.

AP Automation 46

AP Automation Technology accounts payable Accounts Payable Automation 46

Airbase

OCTOBER 25, 2023

If any finance process is overdue for innovation, it’s procurement. Finance teams who must accurately record all transactions, 3. Let’s take a look at IDC’s research and what it means for finance teams. AP Automation Tour Explore 3-way matching in our AP Automation Product tour.

AP Automation 130

AP Automation accounts payable Approval Workflows Technology 130

PYMNTS

OCTOBER 18, 2017

What’s behind the yawning chasm, then, where AP automation gets such short shrift? In an interview with PYMNTS, BC Krishna, CEO of payments automation firm MineralTree , said the disparity boils down to the duality of “lack of awareness” and “lack of solutions.” Frustration or complacency? Perhaps a bit of both.

AP Automation 49

AP Automation Technology accounts payable Minnesota 49

Accounting Insight

JANUARY 2, 2024

Xero integrates with Quadient’s Accounts Payable (AP) capabilities to fully automate and streamline accounting processes. million subscribers worldwide to run their business accounting online and in one place. Xero helps 3.95

Technology 59

Technology accounts payable Accounts Payable Automation AP Automation 59

PYMNTS

JUNE 17, 2020

To provide small companies with accounts payable (AP) automation, Medius is bringing its MediusGo invoice automation product to the American market. Medius has been in the American market for more than a decade, helping SMBs through AP automation as well as spend management technology.

Technology 52

Technology AP Automation Accounts Payable Automation accounts payable 52

MineralTree

APRIL 13, 2023

Modern finance teams face a multitude of challenges. In this article, we will explore the risks of inflation and recession, along with ways finance teams can mitigate these risks and recession-proof their business. In this section, we will explore seven strategies to help finance teams recession-proof their business.

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accounts payable Accounts Payable Automation AP Automation accounting and finance 84

PYMNTS

DECEMBER 12, 2019

The partnership will combine Yooz’s paperless accounts payable technology with the Microsoft Azure cloud system to help companies automate their accounting processes and increase efficiency. “By

AP Automation 60

AP Automation Technology accounts payable accounting and finance 60

MineralTree

JUNE 29, 2023

This has caused challenges and delays across multiple stages of the AP workflow, including: invoice processing, payments, and reconciliation for 84% of the finance leaders. Savvy AP teams realize that strong vendor relationships and on-time payments are critical to a healthy supply chain.

AP Automation 76

AP Automation accounts payable accounting and finance Accounts Payable Automation 76

PYMNTS

NOVEMBER 26, 2019

Accounts payable (AP) automation is beneficial, and even necessary, for many businesses still bogged down by paper. But as the latest PYMNTS Next-Gen AP Automation Tracker report highlights, adoption of AP automation technology continues to face challenges.

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AP Automation Technology accounts payable accountant 64

PYMNTS

JANUARY 17, 2018

Israch said he’s observed increased adoption and momentum for AP (accounts payable) automation and cross-border needs — and not just at his own company. We’ve spent the past year learning from these people, how we can help them, and this is the beginning of actually doing it.”.

AP Automation 40

AP Automation Accounts Payable Automation accounts payable accounting and finance 40

PYMNTS

NOVEMBER 21, 2018

With pressure mounting for the enterprise to digitize, accounts payable automation is seen as a crucial part of achieving greater efficiency, cost savings, visibility into spend and strengthening of vendor relationships, to name a few benefits. But going it alone can quickly overwhelm a business.

Technology 63

Technology AP Automation accounts payable Accounts Payable Automation 63

PYMNTS

JULY 31, 2019

The acquisition of acompay represents an important milestone in our strategy to become essential to how our customers pay for and finance what they need to grow their businesses.”. ACOM Solutions is proud of the innovative AP automation platform we’ve built with acompay,” said Patrick McMahon, CEO & President of ACOM Solutions, Inc.

Accounts Payable Automation 76

Accounts Payable Automation AP Automation accounts payable accounting and finance 76

PYMNTS

JANUARY 17, 2020

Accounts payable (AP) automation technology has hit the ground running, with solutions designed to accelerate invoice processing, optimize payment strategies and promote digital adoption. ” Finding A Middle Ground. That may not necessarily be as attractive to smaller firms, however. Conflict Of Interest.

B2B 61

B2B AP Automation Technology accounts payable 61

PYMNTS

MARCH 29, 2019

Equity investments reigned this week, thanks to backing for accounts payable (AP) automation firm MineralTree and treasury management company Kyriba , but it was the logistics market that saw the largest venture capital round — and secured another unicorn for the B2B startup space. MineralTree. Existing backers.406

B2B 53

B2B AP Automation Technology Accounts Payable Automation 53

PYMNTS

OCTOBER 28, 2020

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.

B2B 56

B2B Accounts Payable Automation AP Automation accounts payable 56

PYMNTS

JULY 26, 2018

Accounts payable automation firm Tipalti announced a string of partnerships this week in deals that see the partner linking their own customers to Tipalti tools. Tipalti said in a press release on Wednesday (July 25) that it struck deals with Vindeo, Teampay and Sovos.

Technology 40

Technology AP Automation NetSuite Accounts Payable Automation 40

PYMNTS

MARCH 24, 2017

Investors diversified their funding to B2B companies this week, hitting several areas of corporate finance including accounts payable, accounts receivable, payroll and supply chain management. AP Automation. The company announced $4 million in funding this week led by Eileses Capital.

B2B 43

B2B AP Automation accounts payable Accounts Payable Automation 43

PYMNTS

SEPTEMBER 25, 2019

Accounts payable automation firm AvidXchange is deepening its integration into NetSuite by adding new features to its AvidXchange for NetSuite (AFN) SuiteApp. Automated payments streamline finance operations by increasing efficiency across the entire organization.”.

NetSuite 55

NetSuite accounts payable Accounts Payable Automation Technology 55

PYMNTS

OCTOBER 11, 2016

In a statement commenting on the findings, Tipalti CEO and Cofounder Chen Amit said the data is a troubling reminder of how far accounts payable has to go. ” Tipati’s research also found that 61 percent of businesses surveyed manually approve payment routing.

accounts payable 75

accounts payable Accounts Payable Automation accounting and finance B2B 75

PYMNTS

JUNE 25, 2018

Reactive instead of proactive planning, late payments, a lack of visibility: Accounts payable professionals in the U.K. Accounts payable automation firm Invu released its latest survey, “ Changing trends in the purchasing processes of U.K. In its survey of 200 financial decisions at U.K.

accounts payable 40

accounts payable Accounts Payable Automation AP Automation accounting and finance 40

PYMNTS

NOVEMBER 12, 2019

Innovation in the accounts payable (AP) space continues to expand, with FinTechs looking to capture their piece of a growing market driven by businesses’ desire to digitize their operations. But corporate payers are not the only entities in charge of driving adoption of AP automation technologies.

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AP Automation Technology accounts payable B2B 49

PYMNTS

JULY 3, 2019

Unfortunately, accounts payable automation in the healthcare sector is far from ubiquitous. That’s an opportunity for AP technology providers in the healthcare industry. The most efficient way to expand days cash on hand, he said, is to slow money going out — and to do it strategically.

Hospitality 46

Hospitality accounts payable Healthcare Technology 46

PYMNTS

DECEMBER 2, 2016

But the largest venture capital funding round went to an accounts payable automation firm in the U.S. Last year, accounts payable automation company AvidXchange raised a whopping $225 million. Finance Ireland. As its name suggests, Finance Ireland targets Irish SMEs with its lending services.

B2B 53

B2B Accounts Payable Automation accounts payable Travel Expense Management 53