Strong vendor and supplier relationships are among businesses’ most valuable assets. Solid partnerships can make all the strategic difference, helping companies offer needed services, improve in-house operations and expand into new markets. Turbulent ones can have the opposite effect, however, hindering firms’ potential and preventing...
Businesses interested in expanding globally must not only juggle outgoing payments to vendors, but also cater to individual complex payment agreements. Legacy accounts payable (AP) systems, make that hard, Dan Miller, senior vice president at financial software provider Sage Intacct told PYMNTS. In the latest...
How a business begins a relationship with a supplier can determine how lasting — and profitable — that bond becomes. Employing accounts payable (AP) automation solutions can help smooth onboarding and streamline the data collection and analyzing processes, removing the many friction points that are...
Enterprise resource planning (ERP) systems began as a mid 20th century answer to increasingly complex inventory control and supply chain management issues. It could do a lot more though, and over time ERP has been endlessly adapted to many other data-intensive duties. For its manifold...
Successful companies know they must be agile and flexible to meet customers’ ever-changing demands, forge valuable long-term supplier relationships and operate smoothly. Many are turning to enterprise resource planning (ERP) tools with accounts payable (AP) automation to harness both solutions’ abilities and level up their...
Legacy enterprise resource planning (ERP) systems can both drain businesses' time and resources and make accounts payable (AP) processes overly complicated. But, integrating ERP and AP systems can help expedite invoice processing. In the latest Next-Gen AP Automation Tracker, Oracle’s Senior Director of ERP Cloud...
For the accounts payable (AP) and enterprise resource planning (ERP) automation space, it’s no longer business as usual. Firms looking to strengthen their interactions with customers and vendors by adopting comprehensive, automated AP and ERP solutions are increasingly turning to cloud-based products in lieu of...
Global payables automation platform Tipalti has exceeded $10 billion in yearly transactions, according to a release on Wednesday (Feb. 19). The company has also passed the threshold of 900 customers and booked double the number of new customers last year from the year before. Tipalti...
Smartphones, artificial intelligence (AI) and virtual cards. It sounds like a corporate accountant’s dream setup, what with all those spending controls and reconciliation data flowing in, fortifying fiscal policy and squaring unruly card programs. Better than a dream really, because it’s happening. More and more...
