AP automation

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...

READ MORE >
Corpay Launches Real-Time Tracking for Business Payments
Corpay Launches Real-Time Tracking for Business Payments
September 12, 2023  |  Commercial Payments

Corpay‘s Cross-Border business has launched a proprietary tracking technology that enables real-time monitoring of payments. This new solution, Payments GPS, utilizes SWIFT GPI (Global Payments Innovation) and...

READ MORE >
Aderant Debuts New Paperless Billing for Law Firms
Aderant Debuts New Paperless Billing for Law Firms
August 21, 2023  |  Accounts Payable

Legal billing software platform Aderant has launched new paperless billing capabilities for law firms. These capabilities are part of the newest version of its flagship practice management...

READ MORE >
AP Automation Significantly Reduces Friction in the Source-to-Pay Cycle
AP Automation Significantly Reduces Friction in the Source-to-Pay Cycle
July 27, 2023  |  Accounts Payable

Automation can be an engine for efficiency, speed and accuracy in accounts receivable (AR). It can enable companies to reduce their days sales outstanding (DSO)...

READ MORE >
PYMNTS Intelligence: Leveraging Digitization and Automation to Improve AP
PYMNTS Intelligence: Leveraging Digitization and Automation to Improve AP
June 28, 2023  |  Accounts Payable

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...

READ MORE >
Late Payments Push More Businesses Toward AP Automation
Late Payments Push More Businesses Toward AP Automation
June 26, 2023  |  Accounts Payable

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...

READ MORE >
CFOs Rethink ROI in Measuring Financial Supply Chain Cost and Risks
CFOs Rethink ROI in Measuring Financial Supply Chain Cost and Risks
April 28, 2023  |  CFO

“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,...

READ MORE >
70% of Marketplaces Expect AP Innovation to Improve Relationships With Vendors
70% of Marketplaces Expect AP Innovation to Improve Relationships With Vendors
January 30, 2023  |  Accounts Payable

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...

READ MORE >
Logistics Companies Prioritize Automated Accounts Payables to Improve Supplier Relationships
Logistics Companies Prioritize Automated Accounts Payables to Improve Supplier Relationships
December 14, 2022  |  Accounts Payable

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...

READ MORE >