Account Payable news and trends

BILL and BMO Debut Bill Pay and Invoicing Tool
B2B Payments // March 09, 2023

Billing software firm BILL has launched a bill pay/invoicing platform with BMO. Dubbed BMO Bill Connect, the cloud-based platform “gives customers more visibility and control over their financial operations,” BILL and BMO (the Bank of Montreal) said in a news release Thursday (March 9). According...

WEX Unveils SMB Digital Platform Flume
Digital Payments // April 26, 2022

FinTech service provider WEX on Tuesday (April 26) launched Flume, a digital payment platform to expedite payments for small- and medium-sized businesses, according to a company press release. Flume is a digital wallet designed to help the 30 million U.S. businesses with less than $15...

Missing, Inaccurate Procurement Data Costs B2B Firms $600B a Year
B2B Payments // November 19, 2021

The widespread shift to remote work is fundamentally changing the procurement process. Historically, businesses have managed B2B payments in centralized offices, where employees could easily exchange paper documents to authorize business expenditures. Today, that is no longer practical — or even feasible. In response, many...

Vroozi Debuts Automated AP, Invoice Platform
B2B Payments // November 10, 2021

Vroozi, which works in purchasing and spend management for enterprise and midmarket companies, will roll out a new accounts payable and invoice automation platform, according to a press release. Called Vroozi Intelligence, the platform will automate and simplify scanning, capturing and approving business invoices and...

Interviews & Exclusives
Turnkey Payments Solutions Drive Big Efficiencies for Business, Says Amex

May 04, 2023
Business payments digitization is reaching an inflection point. There will be no going back from modernized processes to manual ones. As traditional payment methods and legacy systems are increasingly giving way to future-fit alternatives, the way businesses manage their money in and out will continue to evolve to meet new needs and emergent market realities. […]

Quick Reads
BILL and BMO Debut Bill Pay and Invoicing Tool

March 09, 2023
Billing software firm BILL has launched a bill pay/invoicing platform with BMO. Dubbed BMO Bill Connect, the cloud-based platform “gives customers more visibility and control over their financial operations,” BILL and BMO (the Bank of Montreal) said in a news release Thursday (March 9). According to the release, the tool offers “end-to-end accounts payable and […]

WEX Unveils SMB Digital Platform Flume

April 26, 2022
FinTech service provider WEX on Tuesday (April 26) launched Flume, a digital payment platform to expedite payments for small- and medium-sized businesses, according to a company press release. Flume is...