When and how much a business gets paid can determine whether it will survive. But it is the technical architecture around that payment that can set a business up for success. “The world of business today is moving super-fast, and that certainly applies to the...
Automation can improve efficiency, speed and accuracy in accounts receivable (AR), reducing days sales outstanding (DSO) and expediting payments. It also streamlines complex, error-prone accounts payable (AP) processes that many firms use. “Solving Accounts Payables’ Top Frictions With Automation,” a PYMNTS and Corcentric collaboration, drew...
Businesses looking to automate their accounts payable (AP) and accounts receivable (AR) piecemeal may want to start with their customer support. Payment delays have plagued businesses since time immemorial, particularly in certain sectors such as construction. However, firms that have not yet substantially automated their AR...
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...
