The payments technology firm Priority Technology Holdings has launched a partnership with Procurement Partners, which provides procure-to-pay (P2P) solutions for post-acute care and senior living communities. The collaboration, announced Thursday (Jan. 13), will see the integration of the Priority Commercial Payments Xchange (CPX) into Procurement...
Many businesses digitized their accounts payable (AP) and accounts receivable (AR) operations during the pandemic as manual processes became too difficult or impossible to conduct. What began as a necessity for survival quickly evolved into a convenient and efficient way to speed up payments and...
Small businesses can capitalize on eCommerce opportunities — but only if outdated accounting processes don’t hold them back. In the inaugural AP Automation Tracker, Ben Richmond, of cloud-based accounting platform Xero, explains how harnessing automation can help small companies reduce manual errors, cut labor costs...
Manual invoices continue to be a pain point for many businesses. They tend to be costly, inefficient and prone to human error, and the pandemic has only exacerbated many of these issues. Organizations that previously compensated for the shortcomings of their manual systems are now...
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...
