Accounts Payable

Accounts Payable
30% of AP Professionals Struggle to Process Invoices Efficiently
September 29, 2021

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 While the need for such solutions is clear, many firms still cope with paper checks and other outdated tools.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...

Accounts Payable
Finexio Raises $8M To Build Out AP Software Suite
August 25, 2021

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...

Accounts Payable
Data Brief: 86 Pct Of CFOs See AR/AP Digitization As Crucial To Customer Satisfaction
July 15, 2021

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
MineralTree Debuts AP Analytics Dashboard
June 10, 2021

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...

Accounts Payable
OnPay, ProVantage Team On Automating AP Processes
May 06, 2021

OnPay Solutions, an accounts payable (AP) automation solutions provider, will partner with ProVantage Software to work on automating paper-based processes, a press release said on Thursday (May 6). “We are excited to partner with ProVantage to help their clients streamline their supplier payments,” said Neal...

Accounts Payable
Bank Of America Rolls Out AP Automation Platform
April 21, 2021

To help businesses automate and digitize their accounts payable (AP) divisions, Bank of America is rolling out Complete AP. The offering can be connected with nearly all enterprise technology, according to a Wednesday (April 21) announcement. Complete AP digitizes vendor invoices, sending that documentation for...

Accounts Payable
AvidXchange Rolls Out PO Features For Accounting Systems
April 15, 2021

Accounts payable (AP) and payment automation company AvidXchange revealed new purchase order (PO) functionality for five accounting systems, including Intuit QuickBooks, Oracle NetSuite, Microsoft Dynamics 365 Business Central, Microsoft Dynamics GP and Sage Intacct, according to a press release on Wednesday (April 14). CEO Michael Praeger...

Accounts Payable
Kofax Rolls Out New Version Of AP Agility Software
April 13, 2021

Business automation software provider Kofax launched the newest iteration of its artificial intelligence (AI)-fueled Kofax AP Agility software, which has features to “digitally transform” accounts payable (AP) workflows, according to a Tuesday (April 13) announcement. The release of Kofax AP Agility comes with functionalities like...

Accounts Payable
Yooz Debuts New AP Automation For Corporates
April 01, 2021

Cloud-based purchase-to-pay automation software company Yooz is rolling out Yooz Rising, its new accounts payable automation software, a press release from Thursday (April 1) said. With the software will come a redesign of the user experience and real-time automation, which will provide richer functional covering...