The paper check remains firmly entrenched in B2B payments in the United States. Finexio Chief Commercial Officer Bill Fox recounted to PYMNTS that elsewhere around the world — especially in Europe — checks are not part of the equation when it comes to commercial transactions. Government mandates decree...
Legal billing software platform Aderant has launched new paperless billing capabilities for law firms. These capabilities are part of the newest version of its flagship practice management software, Expert, used by most of the world’s biggest firms, Aderant announced in a Monday (Aug. 21) news release. “In...
Accounts receivable (AR) and accounts payable (AP) workflows rely on labor-intensive, manual processes prone to human error and delays — but specialized software and automation are changing that. Digital technologies act as engines for efficiency, speed and accuracy, enabling companies’ AR teams to reduce their...
Bluevine has launched an accounts payable (AP) offering for small businesses. Built to simplify payments management from within Bluevine Business Checking accounts, this solution gives small business owners access to features that will help them save time and money, the company said in a Monday (July 31) press release. “As...
Automation can be an engine for efficiency, speed and accuracy in accounts receivable (AR). It can enable companies to reduce their days sales outstanding (DSO) and receive payments faster. Many firms rely on complex, labor-intensive and error-prone accounts payable (AP) workflows that automation can help...
It’s a hands-free hand-off as firms look to modernize their accounts payable (AP) payments processes. That’s because, in a consumer landscape where everything has gone digital and the benefits are obvious, businesses are increasingly starting to question why it seems like they are the only...
Nook has partnered with Currencycloud to enable supplier payments in more than 35 currencies through Nook’s all-in-one accounts payable (AP) platform. The partnership with Currencycloud, whose application programming interface (API) technology facilitates multi-currency payments, expands the suite of services offered by Nook’s platform, according to...
The 21st century wasn’t supposed to be full of so many headaches. Or so much paper. “Mid-sized companies say their [accounts payable (AP)] departments are spending about 50% of their time collecting invoices and paying suppliers,” Brett Sussman, vice president of American Express Business Blueprint and Banking, told...
When it comes to gig economy companies, a little accounts payable (AP) automation can go a long way. For PYMNTS’ study “Accounts Payable Automation: Why Gig Economy Companies See Payables Innovation as Key to Success,” created in collaboration with Routable, we surveyed more than 200 executives...