PYMNTS

JANUARY 29, 2020

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.

accounts payable 56

accounts payable Expense Management AP Automation Technology 56

MineralTree

APRIL 13, 2023

The right tools like an AP automation solution, will reduce duplicate payments , leading to better vendor relationships and more efficiency across the AP team. Another option is to sell off non-core assets such as excess real estate, vehicles, or equipment. This will generate cash while reducing storage costs.

accounts payable 84

accounts payable Accounts Payable Automation accounting and finance AP Automation 84

PYMNTS

JANUARY 29, 2020

Swenson explained that virtual cards are “extremely beneficial” in industries with high B2B transaction volumes and a need for real-time payments, such as commercial real estate and travel. Virtual cards can also help AP managers untangle their complex webs of suppliers, distributors and travel agencies.

Technology 52

Technology AP Automation accounts payable B2B 52