PYMNTS

APRIL 8, 2020

With a launch that links enterprise resource planning (ERP) with accounts payable, among other systems, OpenText debuted its new OpenText™ Trading Grid™ The rollout brings together multi-enterprise cloud integration capabilities with data visualization and microservices architecture, according to an announcement.

accounts payable 72

accounts payable Account accounted accountant 72

PYMNTS

DECEMBER 4, 2019

Accounts payable FinTech Finexio has announced $2.5 billion in B2B payments to more than 35,000 suppliers each year. In August, Finexio also launched a payment processing collaboration with Payscout to streamline accounts payable and accounts receivable for joint customers.

accounts payable 52

accounts payable Technology Account accounted 52

CPA Practice

JANUARY 23, 2023

Accounts payable (AP) teams are stuck on a hamster wheel, always having to scramble to get payments out the door and then reconciling them on the back end. But there’s one big piece of B2B payment infrastructure that they don’t have: vendor networks. Fintechs are now building B2B vendor networks at scale.

accounts payable 52

accounts payable Technology Account accounted 52

PYMNTS

SEPTEMBER 22, 2020

Once applied to a customer’s historical invoices, the AI learns and improves even more each time, but again, with very little human interaction required, saving the accounts payable team a tremendous amount of time,” Nikula said.

Accounts Payable Automation 85

Accounts Payable Automation accounts payable Technology Account 85

CPA Practice

AUGUST 2, 2024

Emburse , whose innovative travel and expense solutions power forward-thinking organizations, has announced a strategic relationship with Finexio , the fast-growing accounts payable (AP) payments as a service company.

B2B 52

B2B AP Processes accounts payable accounting and finance 52

PYMNTS

JULY 14, 2020

American Express has launched a new automated accounts payable solution, American Express One AP, to help businesses digitize B2B payment processing, according to a press release.

Technology 101

Technology B2B accounts payable Account 101

PYMNTS

JUNE 12, 2019

Among these new services, the top focus is real-time payments (55 percent), followed by same-day ACH (44 percent) and blockchain-based networks (35 percent), according to Bottomline Technologies’ 2019 B2B Payments Survey. They understand the payments space, they understand the settlement systems, they understand accounts payable,” he said.

accounts payable 62

accounts payable Account accounted accountant 62

PYMNTS

JULY 22, 2020

While other departments may have abandoned manual, paper-based strategies years ago, accounts payable (AP) and finance departments held their ground on practices that seem to have changed little since the 1970s. For years, there has been a quiet shift in the B2B payments space.

Accounts Payable Automation 60

Accounts Payable Automation accounts payable Technology AP Automation 60

PYMNTS

SEPTEMBER 29, 2020

Separately, research finds B2B payments as the key driver behind surging instant payments volume in the years ahead. In addition to the expanded Accelerate program, Mastercard is also embracing blockchain for B2B use cases. B2B Payments To Drive Instant Payments Adoption. European Union Next To Ease Crypto Adoption.

B2B 129

B2B B2C accounts payable accounting and finance 129

PYMNTS

JULY 3, 2019

Cost containment solution provider Palmarius Advisors is rolling out an accounts payable (AP) automation solution designed to generate revenue and enhance spend control for corporate users. The company did not reveal details on how it mitigates accounts payable fraud or introduces business users to a new revenue stream with its tool.

accounts payable 40

accounts payable AP Automation Account accounted 40

PYMNTS

JULY 3, 2020

Accounts payable (AP) teams and other financial functions of the enterprise were some of the hardest hit by the disruption caused by the global pandemic. “Companies are increasingly looking to more efficiently manage the accounts payable process,” he said.

accounts payable 85

accounts payable Account accounted accountant 85

PYMNTS

DECEMBER 28, 2020

Nacha is issuing a warning to accounts payable professionals with regards to the rising threat of fraud. But accounts payable is far from the only back-office financial workflow at risk of fraud. While current fraud tools are helpful, there is no systemic or automated option for accomplishing this," Nacha warned.

B2B 116

B2B accounts payable AP Processes accounting and finance 116

PYMNTS

NOVEMBER 15, 2018

B2B FinTech solution providers are currently working on reducing the friction associated with implementing their solutions into enterprise back offices. One of the biggest hurdles in B2B FinTech adoption and digital transformation is convincing the higher-ups that such investments are necessary.

accounts payable 63

accounts payable AP Automation AP Processes Technology 63

PYMNTS

JULY 11, 2019

Accounts payable can be a contradiction showcasing the frustratingly slow pace of B2B payments digitization. In PYMNTS’ Payables Friction Playbook , “Why Firms Are Ready For An AP Upgrade,” a collaboration with Corcentric , paper checks came out on top as the most widely used payment tool by accounts payable (AP) departments.

accounts payable 49

accounts payable Account accounted accountant 49

PYMNTS

DECEMBER 29, 2020

Although it occurred under dire circumstances, 2020 was the year that many organizations finally ditched the paper check in B2B payments — or, at the very least, helped to move the needle toward electronic payments. B2B payments are messier than B2C payments," said Chanda. Empowering Finance Professionals.

B2B 114

B2B Technology accounts payable accounting and finance 114

PYMNTS

DECEMBER 9, 2020

The takeover signaled an evolution of the company's business model from a traditionally business-to-consumer (B2C) seller, to one that includes business-to-business (B2B) operations. It was also indicative of a growing trend of B2C merchants expanding into the B2B realm in an effort to take advantage of a surging market.

B2C 118

B2C B2B Technology accounts payable 118

PYMNTS

DECEMBER 3, 2020

Intelligent automation supplier Kofax has announced new innovations for its invoice and accounts payable (AP) solutions, according to a press release.

accounts payable 69

accounts payable AP Processes Account accounted 69

PYMNTS

JULY 29, 2020

“Fundamental changes to the B2B payments landscape are taking place today, faster than ever before, helping the ecosystem eliminate inefficient B2B payments processes.”. Access to capital hasn’t been this tight since the market meltdown of 2008, so motivated players are finding better, faster ways of moving B2B funds especially.

B2B 98

B2B accounts payable Technology Account 98

PYMNTS

DECEMBER 29, 2020

The B2B payments landscape has always been evolving, but change in the industry has never been more acute than right now. But the challenge of igniting B2B payments innovation may not be as arduous as many chief financial officers (CFOs) and others believe, said Josh Cyphers , president of Nvoicepay , a FLEETCOR company alongside Comdata.

B2B 82

B2B accounts payable accounting and finance Finance 82

PYMNTS

NOVEMBER 1, 2018

Accounts payable (AP) solution provider Yooz has struck a strategic partnership with SnapCheck to address the friction of companies paying suppliers by check. In a previous conversation with PYMNTS, SnapCheck’s Kruszka noted that the largest advantage paper checks have in B2B payments is that they’re “universal.”

accounts payable 53

accounts payable Account accounted accountant 53

PYMNTS

MARCH 28, 2019

Xerox is strengthening its position in the accounts payable services space with a new suite of business solutions. The company announced Wednesday (March 27) that it is rolling out a services portfolio that includes several industry-specific B2B services and five horizontal services all designed to promote enterprise digitization.

accounts payable 43

accounts payable Account accounted accountant 43

Insightful Accountant

JULY 10, 2023

New Invoiced A/P solution automates all aspects of payments, reporting and approvals, making it easier than ever for businesses to make payments on time.

accounts payable 40

accounts payable B2B Account accounted 40

PYMNTS

DECEMBER 24, 2020

For years — decades, even — B2B payment leaders and innovators had been talking about the digitization of corporate payments within accounts receivable (AR) and accounts payable (AP) departments. The coronavirus crisis has accelerated B2B payments digitization to new heights. More Work To Be Done.

B2B 113

B2B accounts payable Technology Start-ups 113

PYMNTS

OCTOBER 5, 2020

Kevin Phalen , head of global business solutions at Visa , told Karen Webster that the consumerization and the digitization of the B2B space are enabling firms to get the job — moving money — done with efficiencies previously unknown. B2B is poised to make the same leap. But the solutions they deploy, maintained Phalen, must be fast.

B2B 137

B2B accounts payable Technology Government 137

PYMNTS

MARCH 18, 2020

Employing accounts payable (AP) automation solutions can help smooth onboarding and streamline the data collection and analyzing processes, removing the many friction points that are prone to legacy systems. How a business begins a relationship with a supplier can determine how lasting — and profitable — that bond becomes.

accounts payable 66

accounts payable AP Automation Technology Account 66

PYMNTS

JANUARY 12, 2021

Historically, corporate travel and expense ( T&E ) management has been viewed as an entirely separate function from other B2B payment workflows. As a result, the lines that once separated T&E from other B2B payment workflows are blurring, according to Conferma Pay CEO Simon Barker and Barclays President of Payments Marc Pettican.

B2B 91

B2B Technology accounts payable accounting and finance 91

PYMNTS

NOVEMBER 18, 2020

New Jersey-based invoice-to-cash platform Billtrust has upgraded the machine learning (ML) capabilities of its business-to-business (B2B) cash application software, the company announced Wednesday (Nov. The goal is to quickly convert payments to cash.

B2B 102

B2B New Jersey accounts payable accounting and finance 102

PYMNTS

AUGUST 11, 2020

From a lack of supplier acceptance of electronic payments to outdated infrastructure within accounts payable (AP) departments, the B2B payments ecosystem still has much room for improvement on multiple fronts. Moving the needle in the journey away from paper checks isn’t a one-sided battle, either. An Ecosystem Approach.

B2B 110

B2B accounts payable Healthcare Account 110

PYMNTS

DECEMBER 30, 2020

The B2B payments ecosystem experienced a sudden and dramatic acceleration of change upon the onset of the global pandemic, and its impacts reach far beyond the mere digitization of the B2B transaction. The Coexistence Of Rails. Often, that means the cooperation of multiple rails at once.

B2B 119

B2B Technology accounts payable accounting and finance 119

PYMNTS

DECEMBER 1, 2020

Businesses also may find paper checks to be untenably slow and cumbersome to issue or receive from far-flung partners, and such trends are causing a growing global momentum for adopting swifter, more streamlined accounts payable (AP) tools and business-to-business (B2B) payment methods. Find the full story in the Playbook.

B2B 87

B2B AP Automation Technology accounts payable 87

PYMNTS

NOVEMBER 17, 2020

When it comes to global B2B procurement, nothing is simple. The Track BPS is an evolution from the strategy of owning the underlying rails upon which money moves, according to James Anderson , executive vice president of Global Commercial and B2B Solutions. Driving B2B Payments' Evolution. said Anderson. A World Of Opportunity.

B2B 128

B2B accounts payable Account accounted 128

PYMNTS

DECEMBER 15, 2020

Buyers, too, are eager for change and need to adopt accounts payable (AP) methods that are easily managed by employees working from home. Frictions like these are pushing more businesses to rethink their legacy approaches to business-to-business (B2B) payments and adopting various digital options for sending money.

Healthcare 107

Healthcare B2B Technology accounts payable 107

PYMNTS

AUGUST 3, 2020

When it comes to B2B payments fraud, it’s not a matter of if it happens, but when. With accounts payable professionals working remotely, Anderson said he’s heard from some firms whose AP staff have had to physically take check-printing machines to their homes — opening up the door for fraudulent activity.

B2B 131

B2B accounts payable Start-ups Account 131

PYMNTS

DECEMBER 13, 2020

Orlando, Florida-based B2B Payments-as-a-Service (PaaS) platform Finexio is expanding its reach in the enterprise resource planning (ERP) software space and will now be available on Microsoft AppSource via a direct integration for Microsoft Dynamics users, according to a press release.

B2B 97

B2B accounts payable AP Processes Florida 97

PYMNTS

OCTOBER 14, 2020

To streamline B2B payments, MineralTree company Regal Software unveiled its RegalPay One offering in a Wednesday (Oct. The company noted that $27 trillion in B2B payments are conducted yearly in North America, while firms spend $510 billion on manual AP expenses in making those payments. 14) announcement.

B2B 82

B2B accounts payable Technology California 82

PYMNTS

OCTOBER 5, 2016

Today, accounts payable firm MineralTree announced a collaboration with Visa with a goal of helping corporates pay their suppliers by virtual card. “The vast majority of B2B suppliers don’t accept cards.” “I do believe the cost issue has to be solved, particularly in B2B payments,” Krishna noted.

accounts payable 73

accounts payable Account accounted accountant 73

PYMNTS

JANUARY 7, 2021

There are a lot of moving parts in B2B payments that are keeping corporate finance executives busy as they work to modernize and optimize their operations. In 2020, many of the biggest pain points in B2B payments were revealed, particularly when transactions move across border. But it's an end-to-end workflow.".

B2B 97

B2B accounting and finance accounts payable Finance 97