Back-office

Accounts Receivable
Zuora and Avalara Partner to Help Businesses Meet eInvoicing Mandates
November 15, 2023

Zuora and Avalara have announced an expanded partnership to provide a comprehensive eInvoicing solution. This partnership aims to help companies meet the eInvoicing mandates and digital reporting requirements that countries around the world are adopting, the companies said in a Wednesday (Nov. 15) press release. The integrated eInvoicing...

Payroll
ADP Launches Customizable Payroll Solution for Large Businesses
November 09, 2023

ADP has launched a customizable payroll solution designed specifically for large businesses with over 1,000 employees across various industries. The new ADP Enterprise Payroll aims to help businesses effectively manage complex payroll processes while gaining insights into their workforce, the global provider of payroll and human...

Accounts Payable
Millennial Finance Teams Embrace Embedded Finance Trend
November 07, 2023

Experts are predicting a significant surge in the adoption of embedded finance solutions, with transactions projected to reach a staggering $7 trillion by 2026. The latest edition of the Accounts Payable Payments as a Service Tracker® Series Report by PYMNTS Intelligence highlights the potential of...

Payroll
Workday Stays at No. 1 in PYMNTS’ Provider Ranking of Payroll Apps
November 01, 2023

In this edition of PYMNTS’ Provider Ranking of Payroll apps, Workday remains on top for the third month in a row. Others such as UKG Ready and Xero Me find themselves climbing the scoreboard. There are only seven slots in the ranking this month. Let’s...

CFO
CFOs Write New Playbook on Prepping for Leaner Economic Times
November 01, 2023

The role of today’s chief financial officer (CFO) is continually evolving in step with economic realities and technological advancements. And those two areas have undergone rapid amounts of change in recent years, completely reshaping the business environment. “You are in a totally different economic climate...

Accounts Payable
75% of AP Teams Reported Processing More Invoices Last Quarter
October 31, 2023

Accounts payable (AP) staff have been working extra hours as they use legacy and manual procedures to handle a growing number of invoices. Seventy-five percent of AP teams reported processing more invoices in the last quarter, according to “Demystifying AI’s Capabilities for Use in Payments,”...

Accounts Payable
CFOs Use Automation for Fraud Prevention More Than for AP/AR
October 25, 2023

In today’s fast-paced business world, companies are constantly looking to streamline operations and increase productivity. One area in need of this streamlining that often requires significant time and effort is the management of accounts receivable (AR) and accounts payable (AP). Automation can cut delays by...

CFO
CFOs Must Be Nimble but Grounded in Fundamentals, Cleo Exec Says
October 24, 2023

The contemporary business landscape moves fast, which means finance teams need to move faster. “The level of change that is now part of our day-to-day lives is much more than what it has been in the past,” Sameer Katiyar, chief financial officer (CFO) at Cleo, tells PYMNTS...

Accounts Payable
Virtual Cards Accelerate AP Automation, Leaving Checks Behind
October 19, 2023

Business-to-business (B2B) payments play a crucial role in the modern economy, with experts projecting a staggering $111 trillion in transactions between businesses by 2027. However, the traditional methods of payment, such as paper checks and Automated Clearing House (ACH) payments, continue to impede the progress...