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Why 85 Pct Of Companies Want AP Automation

PYMNTS

Moreover, among all the ways businesses’ can improve their B2B payments, accounts payable (AP) automation stands out as one of the most promising and popular innovations on the market. Yet, even with so much to gain, 59 percent of businesses have yet to implement any form of AP automation.

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Microsoft Teams With Yooz For AP Automation

PYMNTS

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

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Where Faster Payments Fits Between B2B Buyers And Suppliers

PYMNTS

Accounts payable (AP) automation technology has hit the ground running, with solutions designed to accelerate invoice processing, optimize payment strategies and promote digital adoption. That’s not to say that small- to medium-sized business (SMB) invoice payment challenges are any easier to overcome.

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Small, Early-Stage Funding Rounds Dominate B2B FinTech

PYMNTS

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. The nation saw four startups take home investment out of a total of seven investment rounds. B2B Payments.

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