Search results for "accounts payable"

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...


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...


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.