Search results for "accounts payable"

March 18, 2024
FlexPoint Raises $35 Million for Payments Automation Platform

FlexPoint has raised $35 million in debt and equity to grow its payments automation platform that serves managed services providers (MSPs) and their business clients.  This funding round includes a...


March 15, 2024
Canary Technologies and Adyen Partner on Payment Solution for Hotels

Canary Technologies has partnered with Adyen to help hotels enable seamless and secure transactions for their guests. The collaboration features the integration of Canary Technologies’ global Guest Experience Platform with Adyen’s global financial technology platform,...


March 15, 2024
Making Sense of No- and Low-Code B2B Payments Technology

B2B payments are famously, even infamously, complex. They entail multiple parties and high transaction volumes, all frequently moved across legacy systems that often necessitate the manual reconciliation of invoice details,...


March 14, 2024
Four Questions for CFOs About AP and AR Automation

We are nearly a quarter of the way through the 21st century. But many firms are still carrying around legacy payment systems and suffering from clunky B2B workflows. This, despite...


March 13, 2024
Growing Digital B2B Payments With Open Banking and APIs

All the complexity and complications inherent to B2B payments have one, simple solution: going digital. But despite a sea of change in the payments world, change that is made up...


March 12, 2024
Payments Find a Home in ERP Systems as Back-End Processes...

For enterprises large and small, the back office remains a key component ripe for modernization. And modernizing the workflows that take place, increasingly, involves payments functionality. Recent announcements from larger...


March 12, 2024
Visa, Taulia Team on Embedded Finance as Credit Grows Scarce

Visa has launched a collaboration with SAP-owned working capital management solutions provider Taulia. The partnership, announced Tuesday (March 12), brings together Visa’s digital payments technology and Taulia Virtual Cards, a solution that integrates with...


March 12, 2024
Nanonets Raises $29 Million to Automate ‘Mundane Office Work’

AI-based workflow automation platform Nanonets has raised $29 million in new funding. The company’s Series B round, announced Tuesday (March 12), comes as roughly a third of Fortune 500 countries have used Nanonet’s artificial...


March 11, 2024
Commercial Cards in Action: Businesses Gain Working Capital Flexibility

Against today’s shifting macroeconomic backdrop, companies are prioritizing their agility and ability to react to unforeseen events. Increasingly, firms are backing that ability up with savvy working capital management strategies...


Fast-Lane Finance: Accelerating Payments in the Trucking Industry
55% of Trucking Companies Emphasize AP Innovation as a Crucial Goal 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.