AP automation

Late Payments Push 64% of CFOs to Modernize Accounts Receivables
Late Payments Push 64% of CFOs to Modernize Accounts Receivables
October 09, 2023  |  Accounts Receivable

As organizations across industries struggle with delayed payments and disruptions to cash flow, accounts receivable (AR) teams are now seen as navigators amid an economic...

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Stampli Raises $61 Million to Advanced AI-Powered AP Automation
Stampli Raises $61 Million to Advanced AI-Powered AP Automation
October 03, 2023  |  B2B Payments

Stampli has raised $61 million to expand its artificial intelligence (AI)-powered accounts payable offering. The Series D round, led by funds managed by Blackstone, brings the total...

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Corpay Launches Real-Time Tracking for Business Payments
Corpay Launches Real-Time Tracking for Business Payments
September 12, 2023  |  Commercial Payments

Corpay‘s Cross-Border business has launched a proprietary tracking technology that enables real-time monitoring of payments. This new solution, Payments GPS, utilizes SWIFT GPI (Global Payments Innovation) and...

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Aderant Debuts New Paperless Billing for Law Firms
Aderant Debuts New Paperless Billing for Law Firms
August 21, 2023  |  Accounts Payable

Legal billing software platform Aderant has launched new paperless billing capabilities for law firms. These capabilities are part of the newest version of its flagship practice management...

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AP Automation Significantly Reduces Friction in the Source-to-Pay Cycle
AP Automation Significantly Reduces Friction in the Source-to-Pay Cycle
July 27, 2023  |  Accounts Payable

Automation can be an engine for efficiency, speed and accuracy in accounts receivable (AR). It can enable companies to reduce their days sales outstanding (DSO)...

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PYMNTS Intelligence: Leveraging Digitization and Automation to Improve AP
PYMNTS Intelligence: Leveraging Digitization and Automation to Improve AP
June 28, 2023  |  Accounts Payable

Late payments are some of the most difficult challenges businesses face in day-to-day operations, and they can have wide-ranging implications if not tackled swiftly. Money...

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Late Payments Push More Businesses Toward AP Automation
Late Payments Push More Businesses Toward AP Automation
June 26, 2023  |  Accounts Payable

Business-to-business (B2B) payments are the lifeblood of the modern economy, with businesses spending trillions of dollars on merchandise, services and other goods from their vendors...

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CFOs Rethink ROI in Measuring Financial Supply Chain Cost and Risks
CFOs Rethink ROI in Measuring Financial Supply Chain Cost and Risks
April 28, 2023  |  CFO

“It’s a really difficult time to be a CFO and think strategically,” OpenEnvoy CEO Matt Tillman told PYMNTS’ Karen Webster. “Lately, it’s been more about,...

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70% of Marketplaces Expect AP Innovation to Improve Relationships With Vendors
70% of Marketplaces Expect AP Innovation to Improve Relationships With Vendors
January 30, 2023  |  Accounts Payable

There’s no reason for merchants to want to communicate poorly with their vendors, yet aging payables systems can force these key interactions to be a...

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