AP automation

91% of Mid-Sized Firms Plan to Expand AP Automation to Combat Fraud
91% of Mid-Sized Firms Plan to Expand AP Automation to Combat Fraud
January 15, 2025  |  Fraud Prevention

As cybercriminals target more businesses, accounts payable (AP) departments are more vulnerable to fraud. With more than 80% of U.S. companies affected by sophisticated digital...

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Float Financial Raises $49 Million to Expand Business Finance Platform
Float Financial Raises $49 Million to Expand Business Finance Platform
January 13, 2025  |  Investments

Float Financial has raised 70 million Canadian dollars (about $49 million) in a Series B funding round to expand its business finance platform for Canadian...

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Virtual Cards Brought Flexibility and Security to B2B Payments in 2024
Virtual Cards Brought Flexibility and Security to B2B Payments in 2024
December 30, 2024  |  B2B Payments

Throughout 2024, the adoption of virtual cards signaled a shift in how businesses approach B2B payments. Historically relegated to the sidelines due to limited supplier...

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AI’s Growing Role Across B2B Payments Will Be Impossible to Ignore in 2025
AI’s Growing Role Across B2B Payments Will Be Impossible to Ignore in 2025
December 23, 2024  |  artificial intelligence

Artificial intelligence (AI), throughout 2024, became an increasingly permanent component of many business processes. Particularly across the back office and finance and treasury departments, where...

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Sage Debuts AI Tools for Small Business Accounting Teams
Sage Debuts AI Tools for Small Business Accounting Teams
December 03, 2024  |  B2B Payments

Accounting/payroll technology firm Sage is rolling out its AI tool, Sage Copilot. Announced Tuesday (Dec. 3) for early adopters in the U.S. and U.K., Copilot...

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The Cash Flow Management Secret Weapon CFOs Didn’t Know They Had
The Cash Flow Management Secret Weapon CFOs Didn’t Know They Had
November 14, 2024  |  Accounts Payable

Nearly every business pain point, over a long enough horizon, can be mitigated or solved. The good news today is that those horizons are only...

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78% of CFOs View AI Integration as Crucial for Accounts Payable
78% of CFOs View AI Integration as Crucial for Accounts Payable
November 05, 2024  |  Accounts Payable

As businesses adapt to a digital environment, many accounts payable (AP) departments are still using outdated practices. With rising business-to-business (B2B) payment volumes and cumbersome...

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Manual Payments, Maximum Risk: How AP/AR Automation Beefs Up Security
Manual Payments, Maximum Risk: How AP/AR Automation Beefs Up Security
October 01, 2024  |  B2B Payments

Old-school manual B2B payments, particularly checks, are sitting ducks for fraudsters. Many organizations, particularly those in industries with long-established practices or fragmented environments, like construction,...

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Finexio CEO on Why CFOs Can’t Afford to Ignore Automating Payables
Finexio CEO on Why CFOs Can’t Afford to Ignore Automating Payables
September 26, 2024  |  Accounts Payable

Manual accounts payable (AP) operations can cost firms more than they might think. And the complexity of enterprise AP programs presents a challenge for businesses,...

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