October 06, 2023
CFOs Must Address AP and AR as Interest Rates May...
The jobs report has come in, and the Federal Reserve looks set to boost interest rates again. For chief financial officers and finance executives, time is of the essence in...
October 06, 2023
This Week in AI: Deepfakes, Devices and Data Developments
It is almost generative artificial intelligence’s first birthday. Next month, it will have been a full calendar year since OpenAI first launched its ChatGPT product and spurred the creation of...
October 05, 2023
27% of CFOs Say They ‘Definitely’ Need More AR Automation
Chief financial officers (CFOs) are looking at automation to improve their accounts receivable (AR) processes. Sixty-seven percent of CFOs say their firms “probably” need more automation and 27% say they...
October 05, 2023
Cobre Raises $13 Million to Expand Payment Automation Platform
Cobre has reportedly raised $13 million to take its treasury platform beyond its native Colombia. As TechCrunch reported Thursday (Oct. 5), the company plans to enter Mexico next year, while also updating...
October 05, 2023
AP Automation Helps Corporates Do More With Less
When and how much a business gets paid can determine whether it will survive. But it is the technical architecture around that payment that can set a business up for...
October 03, 2023
Stampli Raises $61 Million to Advanced AI-Powered AP Automation
Stampli has raised $61 million to expand its artificial intelligence (AI)-powered accounts payable offering. The Series D round, led by funds managed by Blackstone, brings the total raised by the company to...
October 02, 2023
Working Capital Deserts on Main Street Challenge Small Business Survival
Access to business financing is crucial for small and medium-sized businesses (SMBs) on Main Street — firms generating less than $10 million in annual revenue and having physical locations from...
October 02, 2023
No Time for Delay: Shaving 16 Days From Accounts Payable...
Accounts payable (AP) is a critical department in any business, with firms of all sizes devoting considerable time, energy, staff and resources to ensure vendors are paid on time. Nearly...
September 28, 2023
Banks Tap Virtual Cards to Help Businesses Streamline Expense Management
Businesses have long relied on debit and credit card transactions, but digitization is ushering a new era of more secure electronic payment options, such as virtual cards, in the business-to-business...
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.
