David Disque, CEO of CSI (Corporate Spending Innovations), dives into how his firm quickly pivoted to an all-digital approach with the onset of the pandemic. “Digitizing manual processes should be a top priority,” he says. “Accounts payable (AP) is well-suited for automation, and payments is...
Meitra Aycock, Comdata’s senior vice president of corporate payments operations, delves into how the COVID pandemic has made prospects more interested in AP outsourcing. “AP managers are often understaffed in the best of times, and today they’re battling the threat of a workforce dealing with...
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Beyond the great digital shift in consumer payments lies fertile ground for a shift in how businesses pay one another. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The Business Payments Coalition (BPC) is asking for industry input on the kinds of data connected with the most utilized invoice exchange processes in North America as the next phase in a digital invoicing initiative, according to an announcement. Get the Full Story Complete the form...
Long before COVID-19 struck, accounts payable (AP) departments faced losses from invoicing errors, external phishing fraud attempts and internal schemes by unscrupulous employees. But as the coronavirus prompted work-from-home arrangements, it created more opportunities for bad actors to take advantage of their companies. Get the Full Story Complete...
As payment flows become more complex, manual review and intervention by human experts must become more specialized, putting their intuitive expertise to work exactly where it’s most needed. That compels a higher level of automation in treasury departments to monitor massive transaction volumes and datasets...
Payment systems provider REPAY Holdings Corp. acquired accounts-payable automation system cPayPlus LLC for up to $16 million, the buyer announced Thursday. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
People and business owners – pretty much everyone – is confronting the reality that the world has changed in ways that we can’t yet fully comprehend. But as a second wave of COVID-19 cases accompanies reopenings, this much is becoming clear: Time-honored traditions of going...