This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Commercial card innovation continues to make big waves in the accountspayable (AP) department, as corporates and card issuers alike explore new ways to drive business spend on cards beyond business trips or ad-hoc purchases. American Express commercial cards have been a staple for many corporates over the years.
As payments giants like Visa and Mastercard shift the innovation spotlight onto B2B transactions, developers of new accountspayablesolutions are ushering in a growing trend: designing payment tools not just for the payer, but for the B2B supplier as well. Boost Payment Solutions Expands Globally.
Mastercard ‘s commercial card spendmanagementsolution In Control has been integrated into the accountspayable (AP) automation platform of MineralTree , the companies said in a press release on Thursday (Jan. That collaboration similarly involves the integration of Mastercard In Control.
Accountspayable (AP) departments all too often employ inefficient processes that slow down workflows, and delay supplier payments. The Tracker explores how such solutions are being implemented in different markets to make B2B payments smoother and more secure. Around The Next-Gen AP Automation World. About The Tracker.
B2B startups haven’t seen an investment week this busy in some time. Take a look at how more than $384 million in investments landed across the B2B tech landscape below. B2B payments. Aldrich Capital Partners announced a $26 million equity investment in accountspayable company Paymerang. Customer Management.
By targeting larger enterprises with its spendmanagementsolution, Coupa places itself squarely against top rivals like Salesforce and Oracle. . “We have a history of cumulative losses, and we do not expect to be profitable for the foreseeable future,” Coupa warned in its filing, reports from VentureBeat said.
WEX is lending its B2B payments capabilities to the enterprise software services of Apptricity. An announcement by the companies Thursday (July 26) revealed news that Apptricity is integrating WEX’s corporate payment solutions into its own offering of automated supply chain, travel and expense (T&E) and spendmanagementsolutions. “We
But new research from eProcurement and spendmanagementsolutions Wax Digital has uncovered with it described as a “double standard” in this space, finding that companies affected by late payments often don’t pay their own invoices on time, either. Reports by SmallBusiness.co.uk
The three-way match and other processes like delivery authentication — a capability that enables a business to ensure that products have actually been received before invoices are paid — can address mistakes and cases of fraud, but it’s only the tip of the iceberg in terms of strategies corporates must implement to managespend.
A press release on Monday (July 9) said the companies are deploying artificial intelligence (AI) technology, Strands Business Financial Management ( BFM ), to develop the solution, enabling small businesses to forecast cash flow, analyze finances and gain personalized recommendations on services from their banks.
The solution, designed for finance professionals, enables automated procurement-related tasks, including requisitions and supplier payments. “We want to continue to empower [accountspayable (AP)] teams by giving them the tools they need to automate key processes and enjoy increasingly strategic roles within their organizations.”
Previously, the company also rolled out software to provide spendmanagementsolutions for self-employed and freelance professionals in support of cash flow management and tax filing.
In its latest round of enhancements for its enterprise spendmanagementsolutions, JAGGAER announced the addition of virtual card payment capabilities for accountspayable teams. JAGGAER Adds Virtual Card Support.
We organize all of the trending information in your field so you don't have to. Join 237,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content