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...
Business-to-business (B2B) payments are the lifeblood of the modern economy, with businesses spending trillions of dollars on merchandise, services and other goods from their vendors...
“It’s a really difficult time to be a CFO and think strategically,” OpenEnvoy CEO Matt Tillman told PYMNTS’ Karen Webster. “Lately, it’s been more about,...
There’s no reason for merchants to want to communicate poorly with their vendors, yet aging payables systems can force these key interactions to be a...
A new study shows that nearly half of transportation and logistics companies plan on innovating their AP platforms within three years. Transportation, shipping and logistics...
As loosely defined as artificial intelligence may be, the technology’s impact may be even bigger. The gray area surrounding what, exactly, AI is or could...
Payments are the lifeblood of any business, especially those that work with vendors to transact for goods and services. United States companies conduct more than...
Accounts payable (AP) automation not only helps businesses save countless work hours when operating remotely — it also enables suppliers to be get paid faster....
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...