Successful companies know they must be agile and flexible to meet customers’ ever-changing demands, forge valuable long-term supplier relationships and operate smoothly. Many are turning to enterprise resource planning (ERP) tools with accounts payable (AP) automation to harness both solutions’ abilities and level up their...
Legacy enterprise resource planning (ERP) systems can both drain businesses' time and resources and make accounts payable (AP) processes overly complicated. But, integrating ERP and AP systems can help expedite invoice processing. In the latest Next-Gen AP Automation Tracker, Oracle’s Senior Director of ERP Cloud...
For the accounts payable (AP) and enterprise resource planning (ERP) automation space, it’s no longer business as usual. Firms looking to strengthen their interactions with customers and vendors by adopting comprehensive, automated AP and ERP solutions are increasingly turning to cloud-based products in lieu of...
Global payables automation platform Tipalti has exceeded $10 billion in yearly transactions, according to a release on Wednesday (Feb. 19). The company has also passed the threshold of 900 customers and booked double the number of new customers last year from the year before. Tipalti...
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 in, fortifying fiscal policy and squaring unruly card programs. Better than a dream really, because it’s happening. More and more...
Virtual credit cards are one of the more flexible electronic payment methods available, and the world continues its steady march toward greater digital payment use. These 16-digit credit card numbers are created for one-time purchases at set amounts, and the convenience, security and speed they...
Flipping paper checks into virtual cards is easier said than done. In the latest Next-Gen AP Automation Tracker, Jennifer Swenson, U.S. Bank’s vice president of corporate payment systems, and Adam Kruis, senior vice president and manager of working capital consulting, share how using data to align...
Many accounts payable (AP) professionals turning to electronic payments to streamline their companies’ payment processes — specifically, how they pay invoices from suppliers — are putting virtual cards at the top of their lists, and for good reason. Virtual cards allow AP departments better control...
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: It’s the demise of the much-maligned paper check. That’s no optimistic, dawn-of-the-decade prediction – it’s happening fast, and that’s the...
