Manual reconciliation of customers’ bill payments is sending finance executives in search of aspirin. That’s according to research in the December 2022 edition of PYMNTS’ “The One-Stop Bill Pay Playbook,” which found manual reconciliation to be the most common headache payment executives face when their...
For organizations facing uncertain economic times, swift access to accounts receivable (AR) can mean the difference between profitability and financial risk. Capturing payments quickly can be a challenge, as how and when business-to-business (B2B) or other clients choose to send payments can be dependent upon...
CFOs looking for talented accountants and audit lieutenants aren’t having much luck finding them. Just ask crypto executives how their search is going. As OpenEnvoy CEO Matt Tillman told PYMNTS in an interview earlier this year, “There’s not a lot of people moving into the profession, and there are...
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...
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...
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...
This past year was one of accelerated change for the CFO office. Businesses emerged from the COVID-19 pandemic, many of them bruised, only to be met with further macroeconomic crises including rising interest rates, historically high inflation, and growing logistical bottlenecks. These economic realities saw...
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...
UpScale by CredAble has launched new electronic invoicing (eInvoicing) solutions. The business growth app added these solutions to help small to medium-sized businesses (SMBs) meet India’s government directive making eInvoices mandatory for certain businesses beginning Jan. 1, Mediabrief reported Monday (Dec. 19). “We believe that...