Accounts Payable

Accounts Payable
70% of Marketplaces Expect AP Innovation to Improve Relationships With Vendors
January 30, 2023

There’s no reason for merchants to want to communicate poorly with their vendors, yet aging payables systems can force these key interactions to be a headache. PYMNTS’ research finds that poor communication with vendors or service providers is the most-cited challenge by online marketplaces seeking...

Accounts Payable
Nimbello Debuts AP Automation Solution to Meet Demand for Modernization
January 25, 2023

Nimbello has launched an accounts payable (AP) automation solution to help firms modernize their processes. The provider of purchase-to-pay cloud software for AP professionals said in a Wednesday (Jan. 25) press release that its latest platform helps businesses scale their finance operations, solidify their vendor...

Accounts Payable
SutiSoft Debuts Enhanced Accounts Payable Offerings
December 27, 2022

Cloud software provider SutiSoft has introduced an enhanced version of its accounts payable (AP) solution. The debut, announced in a news release Tuesday (Dec. 27), is designed to help companies “rapidly transform AP processes.” The new features of SutiAP include the option to print multiple...

Accounts Payable
Transportation Companies’ New Year Wish Is for Accounts Payable Automation
December 27, 2022

A sweeping accounts payable revolution is set to take place over the next three years. That’s according to research in this month’s PYMNTS report, “AP Automation: Transportation Companies Innovate to Drive Growth,” which found the near-majority of transportation companies (45%) are planning to automate their...

Accounts Payable
Procurement and AP Tech Firm XPRO Changes Name to Bedrock
December 21, 2022

Procurement and accounts payable (AP) technology firm XPRO has rebranded and changed its name. The firm is now known as Bedrock, a name that aligns with its growth and its focus on providing supplier management solutions, according to a Wednesday (Dec. 21) press release. “We...

Accounts Payable
Quadient Integrates AP Solution With Microsoft Dynamics Business Central 
December 20, 2022

Quadient has integrated its accounts payable (AP) solution with Microsoft Dynamics Business Central.  This integration of Quadient’s AP automation cloud solution will help businesses streamline their AP processes, Quadient said in a Tuesday (Dec. 20) press release.  Companies in North America, the United Kingdom and...

Accounts Payable
55% of Trucking-Transport Firms Say Accounts Payable Innovation Is Important
December 15, 2022

The great digital shift demands that trucking-transport firms update and modernize their accounts payable processes. Simply put, the paper-based and manual AP processes that have been stubbornly entrenched in transport and logistics have introduced pain points that are exacerbated with swelling payments volumes. In the...

Accounts Payable
Logistics Companies Prioritize Automated Accounts Payables to Improve Supplier Relationships
December 14, 2022

A new study shows that nearly half of transportation and logistics companies plan on innovating their AP platforms within three years. Transportation, shipping and logistics companies have proven essential to the rise of eCommerce, particularly since the pandemic began. Amid soaring demand, these businesses recognize...

Accounts Payable
45% of Transportation and Logistics Planning Is for AP Automation
December 07, 2022

Transportation and logistics firms with soaring payables are embracing the automation trend. This is according to the new study “AP Automation: Transportation Companies Innovate To Drive Growth,” a PYMNTS and Routable collaboration, based on a survey of executives from transportation, shipping and logistics companies. According...