November 28, 2023
Companies With AI-Driven Strategies Outcompete Peers, Study Finds
The payments industry has been a latecomer to the financial technology revolution. Many companies still use legacy accounts receivable (AR) processes marked by an overwhelming reliance on manual procedures. Now,...
October 24, 2023
Coca-Cola Leverages AI Personalized Recommendations to Boost B2B Sales
Coca-Cola is using artificial intelligence (AI) to increase sales to business customers by automatically prompting them with tailored messaging. The food giant shared on a call Tuesday (Oct. 24) discussing...
October 11, 2023
PYMNTS Intelligence: Why the Time for AR Automation Is Now
With more than 8 in 10 companies still seeing delayed payments rise in 2023, concerns about the global economy remain high. Small business owners’ top reported financial challenges over the...
October 09, 2023
Late Payments Push 64% of CFOs to Modernize Accounts Receivables
As organizations across industries struggle with delayed payments and disruptions to cash flow, accounts receivable (AR) teams are now seen as navigators amid an economic storm. More than 8 in...
May 30, 2023
Balance Adds Enhanced Dunning Management Solution to B2B Payments Platform
Balance has added an enhanced dunning management solution to its B2B payments platform. The latest release of the company’s Account Receivables Management Suite includes automated payment collection and a portal...
March 07, 2023
Versapay Names PayPal Vet Carey O’Connor Kolaja CEO
Versapay has appointed a former PayPal and Citi Fintech executive as its new CEO. Carey O’Connor Kolaja is taking over the operations and strategic direction of the accounts receivable (AR)...
February 17, 2023
Nimerex.com Adds Billing and Invoicing to Online Business Solutions
Nimerex.com has launched an electronic billing and electronic invoicing service. The online business solutions provider said in a Friday (Feb. 17) press release that the service eliminates the need for traditional billing and...
January 18, 2023
Small Business Retailers Use Automation to Fight Shopper Price ‘Rebellion’
Savvy small- to medium-sized businesses (SMBs) may consider prioritizing automating accounts payable (AP)/accounts receivable (AR) systems to slash price tag hikes while dispensing of manual involvement headaches. Some companies are...
January 12, 2023
American Express to Acquire Nipendo to Grow B2B Platform
American Express plans to buy Nipendo to help create an end-to-end B2B platform. The globally integrated payments company said in a Thursday (Jan. 12) press release that it has entered...
