PYMNTS-MonitorEdge-May-2024

AP

Back Office Takes Front Row as Firms Automate B2B Payments
Back Office Takes Front Row as Firms Automate B2B Payments
November 21, 2024  |  B2B Payments

Unlike consumer payments, where streamlined experiences reign supreme, business-to-business (B2B) transactions are fragmented and slow-moving. But companies like Finexio are stepping up to transform this...

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Fiserv and ADP Partner to Build Small Business Management Platform
Fiserv and ADP Partner to Build Small Business Management Platform
November 19, 2024  |  SMBs

Fiserv and ADP have partnered to offer U.S.-based small businesses a management system with capabilities across payroll, cash management and payments. The companies will create...

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78% of CFOs View AI Integration as Crucial for Accounts Payable
78% of CFOs View AI Integration as Crucial for Accounts Payable
November 05, 2024  |  Accounts Payable

As businesses adapt to a digital environment, many accounts payable (AP) departments are still using outdated practices. With rising business-to-business (B2B) payment volumes and cumbersome...

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64% of SMBs Face Delayed Payments
64% of SMBs Face Delayed Payments
October 10, 2024  |  Accounts Payable

Accounts payable (AP) remains a pain point for businesses of all sizes, particularly those that still rely on legacy methods like checks. The adoption of...

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AP/AR Automation Exposes Hidden Payment Trends
AP/AR Automation Exposes Hidden Payment Trends
October 08, 2024  |  B2B Payments

By now we know the usual suspects for payments and back-office automation. There’s the paper check, and all its costs and fraud potential. There’s the...

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Finexio CEO on Why CFOs Can’t Afford to Ignore Automating Payables
Finexio CEO on Why CFOs Can’t Afford to Ignore Automating Payables
September 26, 2024  |  Accounts Payable

Manual accounts payable (AP) operations can cost firms more than they might think. And the complexity of enterprise AP programs presents a challenge for businesses,...

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Vault Introduces New AP Features for Canadian Businesses
Vault Introduces New AP Features for Canadian Businesses
August 27, 2024  |  Accounts Payable

Vault has released new functionality for its platform to help Canadian businesses automate vendor payments. The new addition, announced in a news release Tuesday (Aug....

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Small Businesses Turn Digital Payments Into Cash Flow Engine
Small Businesses Turn Digital Payments Into Cash Flow Engine
August 27, 2024  |  Digital Payments

Being in business means putting a lot of effort into staying in business. And staying in business is a challenge many small and medium-sized businesses...

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8 in 10 Execs Have Lost Business Due to Payment Errors
8 in 10 Execs Have Lost Business Due to Payment Errors
August 06, 2024  |  B2B Payments

The business-to-business (B2B) payments sector is undergoing a transformation as traditional manual processes strain business relationships. Lengthy payment cycles, inefficient communication, and error-prone methods are...

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