AP automation

Procurement Tool Provider Pivot Raises $21.6 Million to Expand in Europe
Procurement Tool Provider Pivot Raises $21.6 Million to Expand in Europe
December 13, 2023  |  Investments

Procurement tool provider Pivot has secured 20 million euros (about $21.6 million) in Series A funding. This funding round comes six months after the firm’s...

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Trucking FinTech Solvento Secures $50 Million Debt Facility, Launches AP Automation
Trucking FinTech Solvento Secures $50 Million Debt Facility, Launches AP Automation
December 07, 2023  |  Investments

Solvento has secured a $50 million debt facility and equity to further develop and expand the use of its payment and credit infrastructure for Latin...

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AP Automation Lets Businesses Trade Paper Envelopes for Digital Efficiencies
AP Automation Lets Businesses Trade Paper Envelopes for Digital Efficiencies
November 29, 2023  |  Accounts Payable

How do you turn payments pain points into payments possibilities? It’s a simple formula: Add automation. “More and more organizations are recognizing the need to...

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93% of Middle Market Firms Say Current AP/AR Systems Don’t Cut It
93% of Middle Market Firms Say Current AP/AR Systems Don’t Cut It
November 20, 2023  |  Accounts Payable

Automating accounts payable (AP) and accounts receivable (AR) can provide a crucial edge for mid-size firms. Most that have done so report increased efficiency and...

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BILL Debuts New Purchase Order Tools for Small Businesses
BILL Debuts New Purchase Order Tools for Small Businesses
October 25, 2023  |  B2B Payments

Financial operations platform BILL has introduced new capabilities for small businesses and accounting firms. The San Jose company announced Wednesday (Oct. 25) that it was rolling out automation technology...

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PYMNTS Intelligence: Why the Time for AR Automation Is Now
PYMNTS Intelligence: Why the Time for AR Automation Is Now
October 11, 2023  |  Accounts Receivable

With more than 8 in 10 companies still seeing delayed payments rise in 2023, concerns about the global economy remain high. Small business owners’ top...

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An Insider on Shifting to a Strategic AR Mindset
An Insider on Shifting to a Strategic AR Mindset
October 10, 2023  |  Accounts Receivable

PYMNTS interviews Murray Sharp, vice president of partnerships, channel sales & business development at Billtrust, about why the current economic environment requires not merely an...

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Late Payments Push 64% of CFOs to Modernize Accounts Receivables
Late Payments Push 64% of CFOs to Modernize Accounts Receivables
October 09, 2023  |  Accounts Receivable

As organizations across industries struggle with delayed payments and disruptions to cash flow, accounts receivable (AR) teams are now seen as navigators amid an economic...

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Stampli Raises $61 Million to Advanced AI-Powered AP Automation
Stampli Raises $61 Million to Advanced AI-Powered AP Automation
October 03, 2023  |  B2B Payments

Stampli has raised $61 million to expand its artificial intelligence (AI)-powered accounts payable offering. The Series D round, led by funds managed by Blackstone, brings the total...

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