Accounts Payable

Accounts Payable
Ad Hoc Payments Reach 30% of AP Dollar Volume for Enterprise SMBs
June 11, 2024

Thanks in part to the influx of gig workers and demands of key industries, enterprise small- to medium-sized business (SMB) payers are sending 28% more instant ad hoc payments than they did inSeptember. Ad hoc payments — those payments made outside of normal invoicing and...

Accounts Payable
Deloitte and Basware Partner to Deliver AP Automation, eInvoicing Compliance
May 21, 2024

Deloitte and Basware have partnered to facilitate accounts payable (AP) automation, touchless invoicing and compliance with eInvoicing regulations for global customers. Together, they will develop a joint go-to-market strategy to reach a wider audience, address evolving eInvoicing requirements and develop certified Deloitte consultants trained on...

Accounts Payable
TranscendAP Launches as New AP Automation Company
May 08, 2024

TranscendAP, which has been a business unit of Optima Global Solutions since 2018, is now operating as a newly formed company. The firm was launched by Optima Global Solutions and TranscendAP co-founder and CEO Jeff Weinstein to focus on delivering artificial intelligence (AI)-powered accounts payable (AP) automation solutions to...

Accounts Payable
Basware Acquires AP Matching to Enhance Automation Offering
May 08, 2024

Basware expanded its market offering by acquiring AP Matching. The acquisition will add AP Matching’s cloud-based solutions for managing invoices and reconciling statements to Basware’s accounts payable (AP) automation and invoice processing capabilities, the companies said in a Wednesday (May 8) press release. “We’re excited to combine forces with...

Accounts Payable
Paymerang and Harris ERP Deliver AP Automation for Local Governments
May 07, 2024

Paymerang and Harris ERP have partnered to provide advanced invoice and payment automation solutions to local governments.  With this collaboration, Paymerang’s accounts payable (AP) automation tools will be delivered to hundreds of local governments via Harris ERP’s enterprise resource planning (ERP) system, CitySuite, the companies said in a Tuesday (May 7) press...

Accounts Payable
Unimarket Introduces ‘AP Payments as a Service’ for US Customers
May 01, 2024

Unimarket has introduced its fully managed accounts payable (AP) payments service, Unimarket Payments, to the United States. This service, which optimizes, monetizes and secures the entire payment life cycle, is now available to Unimarket customers with national or regional offices in the U.S., the company said in a...

Accounts Payable
SourceDay and Medius Team on Procure-to-Pay Enhancements
April 30, 2024

Supply chain collaboration platform SourceDay and accounts payable platform Medius are collaborating to enhance procure-to-pay operations for businesses. Through the partnership, firms can get access to autonomous, touchless invoice processing, the companies said in a Tuesday (April 30) news release.  Additionally, firms are offered fraud protection via anomaly detection capabilities,...

Accounts Payable
93% of Mid-Sized Firms Plan More Automation For AP/AR Systems Processes
April 22, 2024

Mid-sized firms are as eager as their large enterprise counterparts to fully automate their accounts payable (AP) and accounts receivable (AR) processes; however, research shows the majority of them are way behind the curve. According to PYMNTS Intelligence study “Accounts Payable and Receivable Trends: What’s...

Accounts Payable
JustPaid Launches API to Support Usage-Based Billing
April 09, 2024

JustPaid has launched a billing platform application programming interface (API) that helps businesses automatically track product usage and generate invoices. It does so by uploading usage data through an API integration, the artificial intelligence (AI)-powered finance startup said in a Tuesday (April 9) press release.  “By enabling...