As companies in Latin America looked for ways to operate with more agility and flexibility during the pandemic, Clara saw an opportunity to provide them with an entire spend management solution. And as many of its customers operate across different countries in the region, the...
To take on the challenges of accounts payable (AP) invoice automation and the insurance submission intake, Kanverse has deployed a product that uses several technologies: artificial intelligence (AI), machine learning (ML), optical character recognition (OCR) and natural language processing (NLP). Get the Full Story Complete...
For business-to-business (B2B) payments, traditional methods such as checks and wire transfers remain the top choice for most companies, but digital payments are now accounting for a greater share. In fact, 25% of B2B payments are digital payments, the Working Capital Playbook, a PYMNTS and YayPay collaboration, reported. Get the Full Story...
Management and technology consulting company BearingPoint and Swiss financial market infrastructure operator SIX have joined forces to develop a fully integrated invoice-to-payment service that will be rolled out in Europe, potentially in 2023, the companies announced in a press release on Thursday (Dec. 16). Get...
The payments and card issuance firm Nium has brought its virtual card issuing tool to the U.S., a move the company says will make it easier for travel-related businesses to pay suppliers. Get the Full Story Complete the form to unlock this article and enjoy...
Accounts payable (AP) automation firm Beanworks by Quadient is offering a no-cost workflow solution to businesses still entrenched in cutting checks manually and depending on paper processes over digital advances. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Canadian businesses are waiting longer than ever to realize the revenue from their sales. Today, the average days sales outstanding (DSO) reported by Canadian firms is 41 days, according to Accelerating The Time To Realized Revenue: Canada Snapshot, a PYMNTS and Mastercard collaboration that interviewed 100 Canadian corporate executives. Get the...
While digitization has been a nearly universal pursuit for company finance leaders over the past year, it has played out differently in various sectors. This reflects the fact that every industry has had its own set of challenges and pain points. Get the Full Story...
In fast-growing organizations, it’s essential that every employee has the tools they need to get their job done. In today’s digital age, that usually means equipping employees with smartphone, a tablet or a laptop — or even all three — preloaded with the requisite business...
