Paper-based payment methods such as checks and cash are awkward and cumbersome in either business-to-business (B2B) or business-to-consumer (B2C) transactions. The negative impact that these...
Digital payment innovations like real-time payments (RTP) have given businesses more options to improve slow accounts payable (AP) processes. But many firms lack the know-how...
The supplier relationship is critical for any business. This means providing frictionless and speedy payments and ensuring that the right amount of money is sent...
Procurement processes don’t begin and end with a purchase or a payment. For large corporates working with hundreds, sometimes thousands of manufacturers, the procure-to-pay processes...
The convergence of accounts payable (AP) and accounts receivable (AR) continues as banks and FinTechs collaborate on new solutions that pull double-duty, tackling friction for...
Commercial payments technology company AvidXchange is connecting banking clients to its AvidPay B2B payments network through a new integration. The company announced on Thursday (Dec....
Accounts payable (AP) automation is beneficial, and even necessary, for many businesses still bogged down by paper. But as the latest PYMNTS Next-Gen AP Automation Tracker...
In the drive to manage accounts payable (AP) more efficiently, buyers can not only optimize their own working capital, they can help suppliers, too. Paying...
As the U.S. Federal Reserve continues to make headway in promoting faster and real-time payments innovation and adoption, the body is simultaneously exploring a less...