Consumer payments have been digitized to such an extent that most people have come to expect that every single transaction they make will be easy and instantaneous. Simply pull out a card and scan it, take out your smartphone and click a button — or...
Cloud-based Software-as-a-Service (SaaS) accounts payable (AP) automation platform Invoice Stream, Inc., has launched Invoice Stream 3.0, which features improved functionality and a B2B payment integration, according to a Thursday (Nov. 11) press release. The company, which serves small- to medium-sized businesses (SMBs), said Invoice Stream...
Growth of automation in the accounts payable space was fairly haphazard until recently, but with the coming of the pandemic, the concept has gotten a lot of traction. Businesses, no matter how big or small, need to get paid, and if writing a check and...
Payments technology firm Priority Technology Holdings, Inc. has joined forces with business process automation provider OneDataSource to improve accounts payable (AP) processes for quick-service restaurants (QSRs), according to a Monday (Nov. 8) press release. As part of the partnership, the integration of Priority Commercial Payments...
Treasury Management-as-a-Service platform Scrypt has launched a cloud-based, fully automated Integrated Payables and Receivables platform, according to a Thursday (Nov. 4) press release. The artificial intelligence (AI) powered platform incorporates machine learning, making it able to read any document or image, learn over time and...
The research is clear: Digital payments automation and other modernized processes bring significant efficiencies for both B2B buyers and sellers. While the need for such solutions is clear, many firms still cope with paper checks and other outdated tools. Indeed, PYMNTS found that 30% of...
Finexio, an accounts payable (AP) Payments-as-a-Service (PaaS) company, announced an oversubscribed $8 million funding round, according to a press release. The Orlando-based supplier of AP software platforms will use the money to accelerate growth across multiple verticals — including higher education, hospitality, healthcare and manufacturing...
The pandemic is slowly fading, but its impact on everything from consumer-facing apps to invisible back-office accounting operations continues to be felt. Regarding the latter, PYMNTS conducted an extensive survey of 400 CFOs at companies with annual revenues between $25 million to more than $1...
Accounts payable (AP) and payments automation provider MineralTree has rolled out a new ingrained analytics and interactive visualization tool, according to a Thursday (June 10) press release, which will unlock insights into AP workloads, payments optimization, cash flow and security. “Businesses are already using MineralTree...
