The adoption of accounts payable (AP) and accounts receivable (AR) automation solutions, such as eInvoicing, digital workflows and virtual cards, can yield benefits for businesses across a multitude of industry segments. In the small to medium-sized business (SMB) sector, a study found that automation led...
When BasicBlock CEO and Co-Founder Taylor Monks has a question related to software the company develops for trucking companies, he drives to a truck stop. There, he interviews truckers and asks them to use the products right there. “I’m really obsessed with product, the user...
Businesses face many of the same challenges that consumers do regarding their money: slow and complex payments processes hinder their ability to manage their finances. Financial institutions (FIs) have attempted to address the frictions their business clients face by adopting new technologies, yet just a...
Firms that process more than 20,000 invoices per month differ from other firms in a few ways. They are more likely to say they need their CEOs’ approval before they can make invoice payments, they are more likely to use electronic invoices and they process...
While working at a tech company, Kush Kella, who is now CEO and co-founder of Vartana, was exposed to the market of hardware and software financing. He found out that it’s an established, old market with many banks playing in the space and offering traditional...
The property management industry has positive expectations for the new year: A recent survey found that 80% of industry respondents expect their revenues to grow in 2022. The pandemic has indelibly marked the real estate space nonetheless, and not all of its impacts spark optimism....
Loadshare, a B2B logistics firm based in India, has raised $40 million in a Series C funding round, a press release says. The funding will be used to hire more talent, build logistics tech and adopt more electric vehicles. The release says Loadshare operates an...
Who’s buying checks today? Plenty of people, it turns out. Enough, in fact, to help lift the top line at one of the biggest companies in the business of printing them out for the first time in nearly a decade. In its full-year earnings call...
The role of the chief financial officer (CFO) has a lot of operational responsibilities today that it didn’t have 10 or 20 years ago. Today’s CFO looks at the operation, data and people. “In many ways, the CFO is no longer relegated just to the...
