Accounts payable (AP) and accounts receivable (AR) are two sides of the cash flow management coin, you might say. In striving to marry workflows across the two and in driving to bring the respective strengths of financial institutions (FIs) and FinTechs together, sometimes one plus...
David Disque, CEO of CSI (Corporate Spending Innovations), dives into how his firm quickly pivoted to an all-digital approach with the onset of the pandemic. “Digitizing manual processes should be a top priority,” he says. “Accounts payable (AP) is well-suited for automation, and payments is...
Meitra Aycock, Comdata’s senior vice president of corporate payments operations, delves into how the COVID pandemic has made prospects more interested in AP outsourcing. “AP managers are often understaffed in the best of times, and today they’re battling the threat of a workforce dealing with...
Predictions are hard, goes the old saying – particularly when they’re about the future. David Disque, CEO at CSI, and Amit Patel, head of strategic sourcing and payments at The Witness Group, told Karen Webster in a recent webcast that the coronavirus showed that chief...
Beyond the great digital shift in consumer payments lies fertile ground for a shift in how businesses pay one another. To that end, Corporate Spending Innovations (CSI) President David Disque said in an interview with Karen Webster, much has changed across the B2B landscape —...
The Business Payments Coalition (BPC) is asking for industry input on the kinds of data connected with the most utilized invoice exchange processes in North America as the next phase in a digital invoicing initiative, according to an announcement. The Federal Reserve is collaborating with the...
Long before COVID-19 struck, accounts payable (AP) departments faced losses from invoicing errors, external phishing fraud attempts and internal schemes by unscrupulous employees. But as the coronavirus prompted work-from-home arrangements, it created more opportunities for bad actors to take advantage of their companies. Despite the strain on workplace...
As payment flows become more complex, manual review and intervention by human experts must become more specialized, putting their intuitive expertise to work exactly where it’s most needed. That compels a higher level of automation in treasury departments to monitor massive transaction volumes and datasets...
Payment systems provider REPAY Holdings Corp. acquired accounts-payable automation system cPayPlus LLC for up to $16 million, the buyer announced Thursday. Atlanta-based REPAY said terms included $8 million in cash and $8 million in further payments that will be triggered if cPayPlus meets performance milestones....
