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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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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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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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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

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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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Small, Early-Stage Funding Rounds Dominate B2B FinTech

PYMNTS

We’re covering two weeks’ worth of B2B venture capital funding, and across the board, India has come out on top. But the largest venture capital funding round went to an accounts payable automation firm in the U.S. But the largest venture capital funding round went to an accounts payable automation firm in the U.S.

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AP Software Firm Beanworks Debuts Expense Reimbursement Function

PYMNTS

Accounts payable (AP) automation software firm Beanworks has rolled out a function for expense reimbursements to assist companies in automating how they get and handle staffer expenditures, according to an announcement. Supervisors can look over receipts and give the go-ahead for reimbursements from anywhere.