Search results for "accounts payable"

December 06, 2023
Paymerang Launches Receivables Automation Product

Paymerang expanded its line of finance automation solutions by adding receivables automation. The new Receivables Automation product simplifies accounts receivable (AR) and provides businesses with real-time insights into cash flow,...


December 05, 2023
Hudson Hill Backs Wholesale B2B Platform MarketTime

Hudson Hill Capital has made a “significant” majority investment in B2B wholesale platform MarketTime. The private investment firm announced the funding Tuesday (Dec. 5), describing MarketTime as a Software-as-a-Service (SaaS)...


December 04, 2023
Citi and Traydstream Team on Automated Trade Document Processing

Citi is working with Traydstream to offer clients automated trade-document processing capabilities. The partnership gives Citi clients a way to “leverage a vast array of pre-loaded document types” along with...


December 01, 2023
Bluevine Says Business Checking Propels Managed Deposits to $1 Billion

Bluevine, a digital banking platform for small businesses, has surpassed $1 billion in managed deposits by its small business banking customers. The accomplishment places Bluevine on par with the top...


November 30, 2023
Over One-Third of Mid-Sized US Firms Miss out on AP...

The number of payments and invoices that businesses must process can increase, especially for growing businesses. Firms are recognizing the need to automate accounts payable and receivable processes to ensure...


November 29, 2023
Prompt Engineering for Payments AI Models is Emerging Skillset

“AI (artificial intelligence) will not take your job, someone using AI will take your job.” That’s according to Geneva Graduate Institute Professor Richard Baldwin, who was speaking about generative AI. ...


November 29, 2023
AP Automation Lets Businesses Trade Paper Envelopes for Digital Efficiencies

How do you turn payments pain points into payments possibilities? It’s a simple formula: Add automation. “More and more organizations are recognizing the need to update and modernize what has...


November 28, 2023
Comdata Launches Fuel Card With Rewards From Credit Cards

Comdata has launched a payment solution that allows fleet owners to enjoy both the benefits of a fuel card and the rewards of their existing credit card.  The new Comdata Connect...


November 28, 2023
Big Firms Automate Regular Payments, Small Firms Large Payments

The digitalization trend that followed the pandemic has accelerated the automation journey for nearly one-third of mid-sized firms. In the last two years, remote work requirements pushed 29% of firms...


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.