Search results for "accounts payable"

March 11, 2024
CE 100 Index Off 0.9% as Cogent’s Slide Blunts Communication...

The Fed held sway this past week as the guessing game about when — or whether — the central bank will cut rates continued. Fed officials seemed to indicate that...

March 08, 2024
PayShepherd Raises $7 Million for Vendor Management Platform

PayShepherd has raised $7 million in a seed funding round for its vendor relationship management platform designed for heavy industry firms. “This new funding will accelerate the execution of our...

March 07, 2024
HighRadius Launches GenAI-Powered Tools for Invoice Processing, Supplier Communications

HighRadius has launched a generative artificial intelligence (GenAI)-powered solution designed to automate the payer-supplier payment process. The new Accounts Payable Automation solution automates invoice processing and supplier communications, the provider...

March 07, 2024
Qonto to Acquire Regate, Add Financial Tools for Accountants

European business finance solution firm Qonto plans to acquire French FinTech company Regate. The deal is expected to close within weeks, Qonto said in a Thursday (March 7) press release. The...

March 07, 2024
FLEETCOR Rebrands to Corpay, Highlights Range of B2B Payments Solutions

FLEETCOR Technologies is rebranding to Corpay, saying the new name better reflects the range of corporate payment solutions the company offers. The name change will take effect March 25, when the company’s...

March 06, 2024
1042-S Adds Complexity to Tax Season for Banks and Corporates

It’s March — and for many corporations and government agencies, the race is on to file a complete accounting, particularly with Form 1042-S, with the IRS. Wendy Walker, solution principal...

March 05, 2024
Itemize Adds AI Copilots to Streamline Financial Processes

Itemize has introduced AI Copilots for Financial Transaction Processing, a feature that integrates with the company’s existing capabilities. The company offers AI Copilots for accounts payable (AP), remittance processing, supply...

March 05, 2024
Corcentric Unveils GenAI Enhancements to Streamline Invoice Processing

Corcentric, a provider of procurement and finance solutions, integrated generative artificial intelligence technology into its services. The enhancement, centered around using supervised machine learning and OpenAI’s GPT, aims to deliver enhanced...

March 05, 2024
StackOne Raises $3.6 Million to Grow Integration-Platform-as-a-Service Offering

StackOne has raised $3.6 million in seed funding to grow its embedded integration-platform-as-a-service (IPaaS) offering. The company will invest in artificial intelligence (AI) to grow this unified application programming interface (API)...

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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.
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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.