Smartphones, artificial intelligence (AI) and virtual cards. It sounds like a corporate accountant’s dream setup, what with all those spending controls and reconciliation data flowing...
Many accounts payable (AP) professionals turning to electronic payments to streamline their companies’ payment processes — specifically, how they pay invoices from suppliers — are...
We may be present for an historic moment akin to the advent of electric lighting, or at least the leap from DVD to streaming TV:...
Paper-based payment methods such as checks and cash are awkward and cumbersome in either business-to-business (B2B) or business-to-consumer (B2C) transactions. The negative impact that these...
Digital payment innovations like real-time payments (RTP) have given businesses more options to improve slow accounts payable (AP) processes. But many firms lack the know-how...
The supplier relationship is critical for any business. This means providing frictionless and speedy payments and ensuring that the right amount of money is sent...
Paper still dominates the AP ecosystem, with 72.4 percent of today’s AP professionals receiving invoices by mail and 43.8 percent by fax. There appear to...
Businesses can reap clear return on investment (ROI) from accounts payable (AP) automation, yet find themselves hamstrung when partners in their supply chain still live...