accounting

Getting the Most for Your Dough: Great Harvest Bread Company on AP Automation
Getting the Most for Your Dough: Great Harvest Bread Company on AP Automation
March 21, 2022  |  Accounts Payable

Accounts payable (AP) automation not only helps businesses save countless work hours when operating remotely — it also enables suppliers to be get paid faster....

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AP Automation Unlocks Smoother Payments, Stronger Businesses Ties as Workers Stay Remote
AP Automation Unlocks Smoother Payments, Stronger Businesses Ties as Workers Stay Remote
March 18, 2022  |  Accounts Payable

Worldwide, business-to-business (B2B) payments volume clocks in at $120 trillion per year, but many organizations still primarily rely on manual processes to keep their accounts...

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Team8, Deloitte Partner to Bolster FinTech Innovation
Team8, Deloitte Partner to Bolster FinTech Innovation
December 21, 2021  |  Partnerships / Acquisitions

Team8, an Israeli creator of cybersecurity startups, is partnering with Deloitte, an auditing, consulting, tax and advisory services provider to develop and implement cutting-edge technologies...

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Insurance Companies Use AI to Make Payables Touchless
Insurance Companies Use AI to Make Payables Touchless
December 16, 2021  |  B2B Payments

To take on the challenges of accounts payable (AP) invoice automation and the insurance submission intake, Kanverse has deployed a product that uses several technologies:...

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59% of CFOs Say Payments Digitization Is Key to a Healthy Balance Sheet 
59% of CFOs Say Payments Digitization Is Key to a Healthy Balance Sheet 
December 13, 2021  |  B2B Payments

Chief financial officers (CFOs) are investing in payments digitization because they believe it is integral to building and keeping healthy balance sheets. For different CFOs,...

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25% of AP Professionals Say Duplicate Invoices and Payments Are Major Pain Points
25% of AP Professionals Say Duplicate Invoices and Payments Are Major Pain Points
December 06, 2021  |  B2B Payments

Businesses are looking to boost performance by adopting technologies that can quickly extract pertinent details from invoices and feed them into accounts payable (AP) systems....

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64% of Firms Move Away From Physical Invoices as COVID Solidifies Digital Shift
64% of Firms Move Away From Physical Invoices as COVID Solidifies Digital Shift
November 18, 2021  |  B2B Payments

The COVID-19 pandemic has prompted businesses’ accounts receivable (AR) leaders to take the digital leap. As the challenge of delayed payments has become more damaging...

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44% of US Businesses Consider Data Reconciliation as the Most Pressing AR Concern
44% of US Businesses Consider Data Reconciliation as the Most Pressing AR Concern
November 13, 2021  |  B2B Payments

March 2020 triggered a massive slowdown in B2B payment flows from which many businesses have yet to recover. Even today — more than 18 months...

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New Study: 40% of Large and Mid-Sized Firms Take Aim at Longer DSO With AR Automation
New Study: 40% of Large and Mid-Sized Firms Take Aim at Longer DSO With AR...
November 09, 2021  |  Accounts Receivable

Despite a massive wave of digitization among businesses of all kinds over the past 20 months, days sales outstanding (DSO) has increased since 2019, threatening...

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