Bluevine has launched an accounts payable (AP) offering for small businesses. Built to simplify payments management from within Bluevine Business Checking accounts, this solution gives small business owners access to features that will help them save time and money, the company said in a Monday (July 31) press release. “As...
Automation can be an engine for efficiency, speed and accuracy in accounts receivable (AR). It can enable companies to reduce their days sales outstanding (DSO) and receive payments faster. Many firms rely on complex, labor-intensive and error-prone accounts payable (AP) workflows that automation can help...
It’s a hands-free hand-off as firms look to modernize their accounts payable (AP) payments processes. That’s because, in a consumer landscape where everything has gone digital and the benefits are obvious, businesses are increasingly starting to question why it seems like they are the only...
Nook has partnered with Currencycloud to enable supplier payments in more than 35 currencies through Nook’s all-in-one accounts payable (AP) platform. The partnership with Currencycloud, whose application programming interface (API) technology facilitates multi-currency payments, expands the suite of services offered by Nook’s platform, according to...
The 21st century wasn’t supposed to be full of so many headaches. Or so much paper. “Mid-sized companies say their [accounts payable (AP)] departments are spending about 50% of their time collecting invoices and paying suppliers,” Brett Sussman, vice president of American Express Business Blueprint and Banking, told...
When it comes to gig economy companies, a little accounts payable (AP) automation can go a long way. For PYMNTS’ study “Accounts Payable Automation: Why Gig Economy Companies See Payables Innovation as Key to Success,” created in collaboration with Routable, we surveyed more than 200 executives...
Late payments are some of the most difficult challenges businesses face in day-to-day operations, and they can have wide-ranging implications if not tackled swiftly. Money not being where it is supposed to be can result in further delayed payments for vendors, especially in critical areas...
Austin, Texas, platform operator Invoiced has launched a business-to-business (B2B) invoicing network, expanding its solution from accounts receivables to accounts payables (AP). According to Jared King, CEO at Invoiced, “no matter how well you structure it, the conventional AP process includes many tedious steps that...
With late payments resulting in late fees for 41% of buyers in the past year, companies are making accounts payable automation their top priority to keep up. PYMNTS explores how automation is helping transform AP into a customer service function to bolster businesses’ financial health.
