accounting

25% of AP Professionals Say Duplicate Invoices and Payments Are Major Pain Points
25% of AP Professionals Say Duplicate Invoices and Payments Are Major Pain Points
December 06, 2021  |  B2B Payments

Businesses are looking to boost performance by adopting technologies that can quickly extract pertinent details from invoices and feed them into accounts payable (AP) systems....

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64% of Firms Move Away From Physical Invoices as COVID Solidifies Digital Shift
64% of Firms Move Away From Physical Invoices as COVID Solidifies Digital Shift
November 18, 2021  |  B2B Payments

The COVID-19 pandemic has prompted businesses’ accounts receivable (AR) leaders to take the digital leap. As the challenge of delayed payments has become more damaging...

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44% of US Businesses Consider Data Reconciliation as the Most Pressing AR Concern
44% of US Businesses Consider Data Reconciliation as the Most Pressing AR Concern
November 13, 2021  |  B2B Payments

March 2020 triggered a massive slowdown in B2B payment flows from which many businesses have yet to recover. Even today — more than 18 months...

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New Study: 40% of Large and Mid-Sized Firms Take Aim at Longer DSO With AR Automation
New Study: 40% of Large and Mid-Sized Firms Take Aim at Longer DSO With AR...
November 09, 2021  |  Accounts Receivable

Despite a massive wave of digitization among businesses of all kinds over the past 20 months, days sales outstanding (DSO) has increased since 2019, threatening...

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To Make Cash More ‘Usable,’ Accounts Receivable Processes Must Be Automated
To Make Cash More ‘Usable,’ Accounts Receivable Processes Must Be Automated
November 09, 2021  |  Accounts Receivable

Across business operations, automation can mean the difference between efficiency and stagnation. Timothy Batsche, director, B2B client management at American Express, told PYMNTS that accounts...

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Only 14% of CFOs Are Using Technology for Working Capital Management
Only 14% of CFOs Are Using Technology for Working Capital Management
November 08, 2021  |  B2B Payments

The uncertainty generated by the COVID-19 pandemic weighs especially heavy on treasurers and chief financial officers (CFOs), because they are responsible for ensuring that companies...

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US Bank Adds Request for Payment To Its Digital Solution for AR Teams
US Bank Adds Request for Payment To Its Digital Solution for AR Teams
November 08, 2021  |  Accounts Receivable

U.S. Bank has added request for payment (RfP) capabilities to its U.S. Bank eBill Service, a digital solution for accounts receivable (AR) teams, the company...

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Payments Tech Company Makes AP for QSRs a ‘Priority’
Payments Tech Company Makes AP for QSRs a ‘Priority’
November 08, 2021  |  Accounts Payable

Payments technology firm Priority Technology Holdings, Inc. has joined forces with business process automation provider OneDataSource to improve accounts payable (AP) processes for quick-service restaurants...

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42% of Companies Seek To Expand Vendor Relationships Through Improved Payment Processes
42% of Companies Seek To Expand Vendor Relationships Through Improved Payment Processes
November 06, 2021  |  B2B Payments

Firms can now choose from a variety of payment methods when sending or receiving funds, which means the companies they do business with must maintain...

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