AP automation

B2B Firms Tap Affordable Credit Card Solutions to Maximize Cash Flow Efficiency

B2B Firms Tap Affordable Credit Card Solutions to Maximize Cash Flow Efficiency
B2B Firms Tap Affordable Credit Card Solutions to Maximize Cash Flow Efficiency
February 07, 2024  |  B2B Payments

Historically, working capital options for small and medium-sized businesses (SMBs) have been somewhat limited, and the current interest rate environment has only exacerbated this limitation....

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Mid-Sized Firms Are Lagging in AP and AR Automation
Mid-Sized Firms Are Lagging in AP and AR Automation
January 29, 2024  |  B2B Payments

Automation of business processes among small and medium-sized businesses (SMBs) is traditionally behind the level of adoption shown by larger companies that have more economic...

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Full AP Automation Pays Off as 74% of Mid-Sized Firms Report Higher Vendor Satisfaction 
Full AP Automation Pays Off as 74% of Mid-Sized Firms Report Higher Vendor Satisfaction 
January 11, 2024  |  B2B Payments

Ensuring vendor satisfaction is crucial for businesses as it directly impacts the overall success and efficiency of operations.  Satisfied vendors are more likely to maintain...

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Mid-Sized Firms Lag Enterprise Peers in Automating Payments and Receivables
Mid-Sized Firms Lag Enterprise Peers in Automating Payments and Receivables
December 29, 2023  |  Accounts Payable

More than 90% of mid-sized firms — those annually generating $3.5 million to $15 million in revenue — that plan to further automate their accounts...

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How AI Is Optimizing Trucking Operations
How AI Is Optimizing Trucking Operations
December 29, 2023  |  Artificial Intelligence

A lot can change in a year, and artificial intelligence (AI) is the perfect example. “Artificial intelligence has been in the market for a lot...

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Medius Launches AP Automation Partnership With UK VARs
Medius Launches AP Automation Partnership With UK VARs
December 28, 2023  |  B2B Payments

Accounts payable (AP) automation provider Medius has launched partnerships with several British value-added resellers (VARs). The collaborations, announced last week, involve partners that are experts in enterprise resource planning...

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Procurement Tool Provider Pivot Raises $21.6 Million to Expand in Europe
Procurement Tool Provider Pivot Raises $21.6 Million to Expand in Europe
December 13, 2023  |  Investments

Procurement tool provider Pivot has secured 20 million euros (about $21.6 million) in Series A funding. This funding round comes six months after the firm’s...

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Trucking FinTech Solvento Secures $50 Million Debt Facility, Launches AP Automation
Trucking FinTech Solvento Secures $50 Million Debt Facility, Launches AP Automation
December 07, 2023  |  Investments

Solvento has secured a $50 million debt facility and equity to further develop and expand the use of its payment and credit infrastructure for Latin...

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