Ramp has introduced a tool designed to automate invoicing and payment collections for corporate clients. Ramp Accounts Receivable, announced Tuesday (Sept. 22), allows the FinTech’s clients to use Ramp to manage both costs and revenue. “This has been a top request from our customers,” Geoff Charles, chief product...
Payments/financial services technology company Fiserv has teamed with accounts receivable automation firm Stuut Technologies. With this collaboration, the companies will help eligible enterprise finance teams modernize manual and “fragmented” B2B receivables processes where available, Fiserv said in a Wednesday (Aug. 4) news release. “Businesses are increasingly looking for ways...
Payments provider ACI Worldwide is reportedly considering a sale of its billing business. That’s according to a report Friday (July 17) by Reuters, citing three sources familiar with the matter. The report noted that the possible sale comes amid strong demand among investors for payments...
Watch more: Need to Know With Billtrust’s Sjoerd Janssen The next phase of Europe’s regulatory overhaul is centered on the humble invoice. On digitizing it. And as global and EU-member businesses prepare for the 27-nation-bloc’s upcoming e-invoicing regulations, the policy push is exposing longstanding inefficiencies...
Watch: Why ERPs Aren’t Enough for Modern AR The most important thing about today’s enterprise resource planning (ERP) systems may be that nobody expects them to innovate anymore. And that’s a good thing for CFOs who are well aware that customization is expensive, brittle and...
U.S. Bank clients can now access CheckAlt’s integrated receivables and payment processing solutions through the bank’s online marketplace. The marketplace, the U.S. Bank Connected Partnership Network, offers FinTech and other third-party payment and treasury solutions that are fully integrated with U.S. Bank systems, CheckAlt said...
For today’s CFO, modernization isn’t about efficiency alone. It’s about removing the manual, painstaking work that keeps finance teams stuck in the back office — and freeing them to focus on more strategic, customer-focused initiatives that drive growth. Yet many accounts receivable (AR) functions remain...
Corporate finance teams have spent decades building systems to record what customers owe. Very few of those systems tell them what customers are about to do. That gap is what artificial intelligence vendors and banks are now targeting. Accounts receivable has long been run as...
Watch more: Need to Know With Billtrust’s Dave Ruda What is relied upon can often get taken for granted. That’s the position the accounts receivable (AR) function has traditionally found itself in. After all, what’s more important than getting paid? But despite its bottom-line impact,...