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Vroozi is moving to boost its cloud-based purchasing platform in a new partnership with Simfoni , an artificial intelligence (AI)-powered spend analytics provider, according to a press release. 19) release that it will add Simfoni’s spend analysis capabilities to its procure-to-pay solution.
AP-focused financial automation platform Stampli announced the release of an AI-driven procure-to-pay solution that works through dynamic conversations with the system itself.
Mastercard will harness supply chain information from N-Frnds, the virtual procure-to-payplatform of SGeBIZ, and other sources to team with Finastra and the firm’s Trade Bank clients with the goal of automating working capital finance access.
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.
1) that it is introducing a dynamic discounting feature into its cloud-based AP automation and procure-to-payplatforms. Accounts payable automation company Transcepta has added a new way to support B2B transactions. The company announced Thursday (Dec.
Illustrating the process, Blair pointed to the hypothetical corporate buyer who uses their procure-to-payplatform to source and buy laptops from an office supply firm. The buyer uses a unique virtual card that is generated upon purchase approval.
Read More On B2B Payments: Simfoni Joins Vroozi’s Cloud-Based Procure-To-PayPlatform Real Time Heats Up In B2B, While Blockchain Gains Traction Optimizing B2B eCommerce Payments From The Moment Of Onboarding Opening Up Procure-To-Pay Workflows For Smaller Suppliers.
Singaporean peer-to-peer (P2P) platform Funding Societies will partner with Singapore eBusiness (SGeBIZ) for a new way to provide financing solutions to customers, reports said. SGeBIZ offers an array of loan products for small business (SMB) users, including B2B procure-to-payplatform EzyProcure, the first of its kind in the country.
Transcepta, a procure-to-payplatform, is ramping up its use of artificial intelligence (AI), the company said late last week. In an announcement , the company said its leveraging of AI and predictive analytics technologies can enable smarter procurement decision making.
Electronic invoicing firm CloudTrade is integrating its service into procure-to-payplatform OpusCapita, the firms announced Tuesday (Jan. According to OpusCapita, its procure-to-pay and order-to-cash solution facilitates 600 million transactions a year with more than 8,000 customers across the globe.
Aquiire said it purchased the rights to Zakta’s machine learning and collaborative search technologies and will imbed that tech into its real-time procure-to-payplatform. Zakta’s technology includes visual search and discovery, natural language processing, data mining and other capabilities.
Yooz currently integrates into an array of accounting and enterprise resource planning (ERP) platforms. Last year, Yooz announced a partnership with SnapCheck , integrating the firm’s digital check solution into its procure-to-payplatform.
The firm said it plans to use the money to strengthen its existing accrual and spend management platform. Accrualify provides a procure-to-payplatform that supports payments, vendor management, invoice and accrual automation and other features.
Last month, Tradeshift announced another partnership with spend analytics company Spendency , whose purchasing and spend data analytics technology will be integrated into Tradeshift’s procure-to-payplatform, allowing users to analyze transaction data.
It’s important for procure-to-pay technology providers (and the corporate buyers that use these solutions) to meet vendors where they are, and enable as many touchless invoices as possible. Suppliers are now able to automatically create an invoice directly from a purchase order sent via the BuyerQuest platform.
The company said at the time that it would integrate that technology into its procure-to-payplatform to enhance search experiences and social media product reviews.
SAP Ariba announced its partnership with Barclays in February, which enables companies using the procure-to-payplatform to make vendor payments via Barclaycard Commercial Payments’ Precisionpay solution, which supports virtual card payments.
based procure-to-payplatform that aims to link companies with a consumer-like eCommerce experience in the procurement department. BuyerQuest. Bridge Bank provided $4 million in funding to BuyerQuest, a U.S.-based The investment, announced Wednesday (Feb.
The procure-to-payplatform of the Ariba Network revealed last week a new joint venture with the supply chain financing solution offered from PrimeRevenue. Suppliers look to various financing solutions to fill in their cash flow gaps, but a lack of credit history often means expensive loans.
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.
Plus, Simfoni lands on Vroozi's procure-to-payplatform, Kyrbia collaborates with an Italian bank on supply chain financing, and the EU's digital chief will discuss rules with tech giants. Simfoni Joins Vroozi’s Cloud-Based Procure-To-PayPlatform. Wells Fargo Debuts Digital Supplier Payment Tool.
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.
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