accounting

70% of CFOs Say Making AR Processes Transparent Would Boost Customers’ Lifetime Value
70% of CFOs Say Making AR Processes Transparent Would Boost Customers’ Lifetime Value
October 12, 2021  |  Accounts Receivable

Simple mistakes such as an incorrect billing address or pricing selection can slow down payments from B2B customers and cause devastating cash flow issues. When...

READ MORE >
Archa FinTech to Debut Smart Business Credit Card in Australia
Archa FinTech to Debut Smart Business Credit Card in Australia
October 10, 2021  |  B2B Payments

Archa, the FinTech and ex-consumer neo bank, has now announced plans to roll out a smart business credit card and spend management platform that will...

READ MORE >
AP Firm AvidXchange Looks at $506M IPO
AP Firm AvidXchange Looks at $506M IPO
October 04, 2021  |  IPO

The accounts payable (AP) solution AvidXchange Inc. is looking to go public with a half-billion-dollar IPO. According to a Reuters report, the firm, backed by...

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

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...

READ MORE >
Stripe Launches Revenue Recognition Tool to Automate Financial Reporting
Stripe Launches Revenue Recognition Tool to Automate Financial Reporting
September 21, 2021  |  Payments Innovation

Online payments processor Stripe is launching an integrated revenue recognition tool to automate financial reporting and streamline accounting functions. Vladi Shunturov, product lead at Stripe,...

READ MORE >
Deep Dive: How Organizations Can Improve AR Processes’ Transparency
Deep Dive: How Organizations Can Improve AR Processes’ Transparency
September 21, 2021  |  Accounts Receivable

Accounts receivable (AR) departments have been trending toward digitization for several years, with a 2019 study finding that only 42% of organizations were leveraging paper...

READ MORE >
Digitizing the Cash Application Process Reduces Supplier DSOs by 30%, Improves Cash Flow
Digitizing the Cash Application Process Reduces Supplier DSOs by 30%, Improves Cash Flow
September 17, 2021  |  Accounts Receivable

The past year and a half has seen no shortage of technological transformations – and, increasingly, companies have set out to “make over” their accounts...

READ MORE >
Automated Cash Flow Operations, On-Demand Capital Seen as SMB Saviors
Automated Cash Flow Operations, On-Demand Capital Seen as SMB Saviors
September 16, 2021  |  SMBs

Cash flow management – or more precisely, the lack of it – has long been one of the most lethal problems for Main Street SMBs....

READ MORE >
Wells Fargo Unveils AI-Boosted Integrated Receivables Service
Wells Fargo Unveils AI-Boosted Integrated Receivables Service
September 08, 2021  |  B2B Payments

Wells Fargo & Company announced on Wednesday (Sept. 8) the availability of Integrated Receivables, a new accounts receivable (AR) service rooted in artificial intelligence (AI),...

READ MORE >