Business data API provider Codat and JPMorgan Chase have teamed to promote virtual card adoption. It’s the thinking behind the launch of Codat’s Supplier Enablement data product. Announced Tuesday (April 16), it lets businesses more easily share their spending and supplier data from enterprise resource planning (ERP) systems and...
Mimo raised 15.5 million pounds (about $19.4 million) to launch its financial management platform for small- to medium-sized businesses (SMBs) and accountants. The platform helps these businesses simplify global payments, cash flow and financial management, the company said in a Thursday (April 11) press release. The company’s...
Data management firm PRGX unveiled an artificial intelligence-powered accounts payable platform. Called Supplier Connect, the platform aims to foster more collaboration and efficiency in invoice inquiry and dispute management, PRGX said in a Tuesday (April 9) news release. Supplier Connect streamlines manual processes into AI-driven workflows that handle supplier...
Healthcare is its own unique beast, from payments to marketing strategies to the intricacies of its supply chain. The sector is witnessing a transformation, especially in the B2B domain. Digital payments, online procurement platforms and artificial intelligence are igniting a phase shift that is reshaping the B2B healthcare landscape. While those...
May 09, 2024
The construction industry is a critical one, but it has a giant problem: late payments. In a sector where cash flow couldn’t be more important to firms’ survival, slow and delayed payments in the construction space cost businesses $273 billion in 2023 — representing nearly 14% of total construction costs, up from 12% in 2022. Partly to blame is the construction sector’s […]
April 08, 2024
Healthcare is its own unique beast, from payments to marketing strategies to the intricacies of its supply chain. The sector is witnessing a transformation, especially in the B2B domain. Digital...
March 12, 2024
For enterprises large and small, the back office remains a key component ripe for modernization. And modernizing the workflows that take place, increasingly, involves payments functionality. Recent announcements from larger...
February 21, 2024
Andrew Stewart, director of global card and comprehensive payables at Bank of America, said there has been a seismic shift in commercial (B2B) payments. He noted that there has been...
April 16, 2024
Business data API provider Codat and JPMorgan Chase have teamed to promote virtual card adoption. It’s the thinking behind the launch of Codat’s Supplier Enablement data product. Announced Tuesday (April 16), it lets businesses more easily share their spending and supplier data from enterprise resource planning (ERP) systems and accounting software. From there, card issuers can access the right […]
April 11, 2024
Mimo raised 15.5 million pounds (about $19.4 million) to launch its financial management platform for small- to medium-sized businesses (SMBs) and accountants. The platform helps these businesses simplify global payments, cash...
April 09, 2024
Data management firm PRGX unveiled an artificial intelligence-powered accounts payable platform. Called Supplier Connect, the platform aims to foster more collaboration and efficiency in invoice inquiry and dispute management, PRGX said in a...
March 07, 2024
HighRadius has launched a generative artificial intelligence (GenAI)-powered solution designed to automate the payer-supplier payment process. The new Accounts Payable Automation solution automates invoice processing and supplier communications, the provider...
