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Juvo Technologies wants to extend its presence within the procure-to-pay space and announced an acquisition to help it do so. Reports late last week said the technology firm has acquired Vendorin , a B2B payment technology and enterprise solutions company, to help Juvo build out a procure-to-payplatform.
Accountspayable automation company Transcepta has added a new way to support B2B transactions. 1) that it is introducing a dynamic discounting feature into its cloud-based AP automation and procure-to-payplatforms. The company announced Thursday (Dec.
Driving efficiency in accountspayable (AP) can stem from an array of efforts. In addition, adopting a digital accountspayableplatform can streamline operations, as well as open access to digital data for analytical and process automation purposes. ”
Procure-to-pay software company Yooz plans to expand into the U.K., A press release revealed that the company will make its automated accountspayable (AP) solution available to U.K. Yooz currently integrates into an array of accounting and enterprise resource planning (ERP) platforms.
Genpact will provide artificial intelligence , machine learning, robotic process automation, analytics and other technologies, while Tradeshift will connect joint customers to enterprise apps to support digitization and automation of accountspayable, procurement and supplier management operations for streamlined procure-to-pay.
But, I was ultimately convinced by the fantastic opportunity to create a unified HCM and finance platform for the mid-market—leveraging Paylocity’s size and scale (nearly 40K customers) to bring Airbase to a much larger audience.
The procure-to-pay space is also closely linked to the alternative finance market, as financing products like supply chain finance and dynamic discounting integrate into procure-to-payplatforms like Direct Commerce’s. It is a very up-and-coming product line, and we’re seeing a lot of demand for it.
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