The siloes between accounts payable (AP) and accounts receivable (AR) continue to come down as service providers recognize the importance of facilitating payment acceptance as...
Late payments have hit Australian firms across several verticals — with a notable impact across the transport industry. The practice of supply chain finance is...
Small- and mid-sized businesses (SMBs) lack the financial buffers of their larger corporate counterparts and so are especially vulnerable to cash flow interruptions. These smaller...
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...
Hainan Golden Technology Co. announced that it has raised ¥1 billion ($141 million USD) in a Series B funding round, led by Chinese tech giant...
Paper-based processes are widely used in AP departments, with recent PYMNTS data finding that 80.8 percent of firms use paper checks while 43.8 percent receive...
The old adage is familiar: The light at the end of the tunnel could be daylight — or another train headed one’s way. When it...
Accounts payable (AP) departments all too often employ inefficient processes that slow down workflows, and delay supplier payments. Reliance on outdated practices — including...