Inefficient invoicing systems in the construction industry can mean missed deadlines, cost overruns and schedule delays. In the "AP Automation Tracker," Shep Hickey, CEO and founder of online steel marketplace Bryzos, explains the role of automated invoicing in adding transparency, cost efficiency and accuracy, while...
Many businesses are implementing automation and digitization to reduce the amount of money, time and employee effort they expend on their accounts payable (AP) processes. Goals vary, with 61% of CFOs saying their primary objective in automating is to boost overall payments efficiency, while 45%...
Small- to medium-sized businesses (SMBs) and the accounts payable (AP) and accounts receivable (AR) executives that manage the payments and invoices that they receive know they would benefit from streamlined payments processes — but the pathway to frictionless payments is not well understood. While most...
June 06, 2022
Today’s businesses are not only battling economic uncertainty — they are also fighting fraud with tools that many feel are inadequate. Recent PYMNTS research reveals that nearly half of businesses are turning away new clients because they doubt their current anti-fraud measures are sufficient, yet 71% of organizations still feel that the right digital solution […]
