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As Businesses Shift Focus to Efficiency, Finance Teams Must Find Ways to Do More with Less in AP

CPA Practice

AP automation is a key strategy for many finance leaders In the survey, finance leaders ranked AP automation as their top digitization priority in the back office—ahead of Accounts Receivable (AR), expense management, close management, and forecasting. 63% are making faster, more timely payments.

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India AP Automation Startup Finly Secures Funding

PYMNTS

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.

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For MineralTree, Sowing The Seeds Of AP Automation

PYMNTS

Consider the fact that payroll automation is done by 49 percent of companies, and that only 37 percent of U.S. businesses automate employee expense management. What’s behind the yawning chasm, then, where AP automation gets such short shrift? Frustration or complacency? Perhaps a bit of both.

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Logistics Scores Another Unicorn For B2B Startups

PYMNTS

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. Existing backers.406

B2B 53
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Medius And Pagero Team On Digital Invoice Management

PYMNTS

Expense management technology provider Medius and international eDocument service company Pagero have collaborated to help companies handle digital invoices. Medius and Pagero have created a standard connection linking Medius AP Automation with the Pagero digital invoicing network. 13) announcement.

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Corporate Cards Tackle Industry-Specific Pain Points

PYMNTS

Commercial cards continue to explore more use cases to optimize spend for businesses, from accounts payable (AP) to employee travel and expense management. Event managers are responsible for managing team members’ expenses, reconciling transactions and keeping receipts, she said.

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Corporate Card Innovators Bank On Continued Business Spend

PYMNTS

Expense management and accounts payable (AP) automation solution provider Emburse is rolling out new card solutions designed to help organizations manage their travel spend. From a mobile app to beefed-up rewards, the latest solutions are embracing the shift of spend to the card. Emburse Debuts T&E Cards.