Search results for "accounts payable"

February 08, 2024
BILL Sees Tailwinds From Growing Convergence of Payments and Software 

Small businesses are having big problems in today’s economy. Business bankruptcy rates jumped 30% between September 2022 and September 2023, as macro factors like record high interest rates and the end of pandemic relief...


February 08, 2024
How AI’s Language-Based Capabilities Will Transform B2B Payment Processes

Over a long enough time, change stands alone as the only constant. After all, it was over a century and a half ago that Charles Darwin first wrote that “the...


February 07, 2024
Unimarket Adds Invoice Automation and Processing Capabilities

Unimarket has launched the “Virtual Mailroom,” a product that automates and simplifies the processing of invoices, whether they are electronic, PDF or paper. The Virtual Mailroom digitizes supplier invoices of all...


February 07, 2024
B2B Firms Tap Affordable Credit Card Solutions to Maximize Cash...

Historically, working capital options for small and medium-sized businesses (SMBs) have been somewhat limited, and the current interest rate environment has only exacerbated this limitation. As a result, businesses have...


February 06, 2024
PortX, Hummingbird Partner to Fight Financial Crime

PortX, an integration technology company for financial institutions (FIs), has teamed with compliance platform Hummingbird. The collaboration is designed to make it easier for FIs to use Hummingbird’s compliance platform for anti-money...


February 06, 2024
Genpact and ServiceNow Expand Partnership on AI-Powered Source-to-Pay Applications

Genpact and ServiceNow have expanded their partnership to deliver Source-to-Pay applications across finance and supply chain operations. This collaboration combines the capabilities of professional services firm Genpact and digital workflow company ServiceNow, the companies said...


February 06, 2024
73% of Firms Say AP Automation Improves Cash Flow

Businesses are expecting a significant increase in both payments made and invoices delivered over the next three years. In fact, on average, firms — regardless of size or industry —...


February 05, 2024
Cleo Launches B2B Platform Extension for Logistics Firms

Cleo has unveiled its latest cloud-based B2B integration platform extension, Cleo Integration Cloud (CIC) for Logistics and Transportation. This solution aims to improve supply chains by bringing efficiency, optimization and resilience to the industry,...


February 02, 2024
Banks and CFOs Need Data-Sharing Plans to Fight Fraud

The fraudsters are wily, determined, acting in packs and probing for weaknesses. The best defense might be a collaborative approach — one where CFOs and their financial providers (banks and...


Money Mobility Tracker®: Fast-Lane Finance: Accelerating Payments in the Trucking Industry

The trucking industry moves 72% of U.S. freight by weight and is the linchpin of a functional economy — but manual payments and legacy AP systems have the potential to bring this crucial sector to a grinding halt. The latest “Money Mobility Tracker®,” a collaboration with Ingo Money, examines the impact of outdated payment processes on the transportation ecosystem and the seamless flow of commerce.

What’s Next in Automation
Mid-Sized Firms Lag Enterprise Peers in Automating Payments and Receivables Mid-sized firms with $3M and $15M in revenues agree that automation improves efficiency and vendor satisfaction, but most have only partially automated processes, according to a new PYMNTS Intelligence study of 412 such firms, “Accounts Payable and Receivable Trends: What’s Next in Automation,” a collaboration with American Express.