Ap Automation/page/3 news and trends

Zone & Co Adds OCR Capabilities With Staria Flow Acquisition
Acquisitions // July 11, 2024

Zone & Co has acquired Staria’s accounts payable (AP) automation solution, Staria Flow. This acquisition will add enterprise optical character recognition (OCR) capabilities to Zone’s procure-to-pay solution, the companies said in a Thursday (July 11) press release. It follows Zone’s acquisitions of financial reporting solution provider Solution 7...

Amazon Business App Center Adds Symbeo AP Automation Solution
B2B Payments // July 09, 2024

Symbeo’s accounts payable (AP) automation and artificial intelligence (AI)-enabled optical character recognition (OCR) solution, RapidInvoice, is now available on the Amazon Business App Center. This partnership will extend the reach of this solution, making it readily available to mid-market companies and small and medium-sized businesses...

Fintech Extends Automated Invoice Processing Capabilities to All B2B Transactions
B2B Payments // May 31, 2024

Financial Information Technologies (Fintech) has expanded its platform’s automated invoice processing capabilities to include all B2B transactions. Previously designed to handle the retail and hospitality industries’ purchases of alcohol, the company’s PaymentSource accounts payable (AP) automation platform can now handle all their business purchases, Fintech...

Deloitte and Basware Partner to Deliver AP Automation, eInvoicing Compliance
Accounts Payable // May 21, 2024

Deloitte and Basware have partnered to facilitate accounts payable (AP) automation, touchless invoicing and compliance with eInvoicing regulations for global customers. Together, they will develop a joint go-to-market strategy to reach a wider audience, address evolving eInvoicing requirements and develop certified Deloitte consultants trained on...

Interviews & Exclusives
Can AI Find Its Way Into Accounts Payable?

April 05, 2024
Generative artificial intelligence (AI) is igniting a new era of innovation within the back office. No legacy process is safe. And this is particularly true for accounts payable (AP) programs, where AI, coupled with advancements in deep learning, computer vision and natural language processing (NLP), is helping drive increased efficiency, accuracy and cost savings for […]

Four Questions for CFOs About AP and AR Automation

March 14, 2024
We are nearly a quarter of the way through the 21st century. But many firms are still carrying around legacy payment systems and suffering from clunky B2B workflows. This, despite...

B2B Firms Tap Affordable Credit Card Solutions to Maximize Cash Flow Efficiency

February 07, 2024
Historically, working capital options for small and medium-sized businesses (SMBs) have been somewhat limited, and the current interest rate environment has only exacerbated this limitation. As a result, businesses have...

Mid-Sized Firms Lag Enterprise Peers in Automating Payments and Receivables

December 29, 2023
More than 90% of mid-sized firms — those annually generating $3.5 million to $15 million in revenue — that plan to further automate their accounts payable (AP) and accounts receivable...

Quick Reads
TranscendAP Adds Improved Purchase Order Matching to AP Platform

July 25, 2024
TranscendAP has added new artificial intelligence (AI) and machine learning (ML) functionality to its accounts payable (AP) platform for mid-market and large enterprises. The new TranscendAP 8.5 includes customizable dashboard widgets that offer visibility into invoice automation, improved two-way and three-way purchase order (PO) matching, and an enhanced supplier portal that simplifies vendor onboarding and […]

Zone & Co Adds OCR Capabilities With Staria Flow Acquisition

July 11, 2024
Zone & Co has acquired Staria’s accounts payable (AP) automation solution, Staria Flow. This acquisition will add enterprise optical character recognition (OCR) capabilities to Zone’s procure-to-pay solution, the companies said in...

Amazon Business App Center Adds Symbeo AP Automation Solution

July 09, 2024
Symbeo’s accounts payable (AP) automation and artificial intelligence (AI)-enabled optical character recognition (OCR) solution, RapidInvoice, is now available on the Amazon Business App Center. This partnership will extend the reach...

Fintech Extends Automated Invoice Processing Capabilities to All B2B Transactions

May 31, 2024
Financial Information Technologies (Fintech) has expanded its platform’s automated invoice processing capabilities to include all B2B transactions. Previously designed to handle the retail and hospitality industries’ purchases of alcohol, the...