The old saying goes that necessity is the mother of invention. We might add: Necessity is the mother of tech upgrades in the back office. To that end, in the report “Digital Payments Technology: Investing in Payments Systems for the Digital Economy,” a PYMNTS and...
The healthcare industry overall has an employment problem. Seeing a sharp personnel exodus post-pandemic, the industry continues to lose workers. The Bureau of Labor Statistics January employment report notes a 21% employment dip in “healthcare and social assistance” from the previous month, far outpacing personnel loss across other industries. ...
Priority Technology Holdings and IQ BackOffice have partnered to fully automate accounts payable (AP) payments. In a Thursday (Feb. 9) press release, the companies said that Priority’s CPX automated payment solution had been integrated into IQ BackOffice’s Streamlinea financial process automation software. “By integrating CPX into our platform we will be...
COVID-19 sent nearly everyone doing business within the eCommerce sphere scrambling to invest in tech innovations, mostly to get through lockdowns and the resulting economic fallout. The most recent PYMNTS/Corcentric collaboration, “Digital Payments Technology,” found that only 29% of surveyed companies had invested in new...
Accounts payable automation company AvidXchange has debuted a business intelligence tool it says will bring fresh data and insights to finance teams that manual processes can’t. Announced in a news release Tuesday (Feb. 7), the tool offers “intelligent analytics, immersive dashboards and embedded data visualizations”...
There’s no reason for merchants to want to communicate poorly with their vendors, yet aging payables systems can force these key interactions to be a headache. PYMNTS’ research finds that poor communication with vendors or service providers is the most-cited challenge by online marketplaces seeking...
Nimbello has launched an accounts payable (AP) automation solution to help firms modernize their processes. The provider of purchase-to-pay cloud software for AP professionals said in a Wednesday (Jan. 25) press release that its latest platform helps businesses scale their finance operations, solidify their vendor...
Cloud software provider SutiSoft has introduced an enhanced version of its accounts payable (AP) solution. The debut, announced in a news release Tuesday (Dec. 27), is designed to help companies “rapidly transform AP processes.” The new features of SutiAP include the option to print multiple...
A sweeping accounts payable revolution is set to take place over the next three years. That’s according to research in this month’s PYMNTS report, “AP Automation: Transportation Companies Innovate to Drive Growth,” which found the near-majority of transportation companies (45%) are planning to automate their...
