U.S. Bank has introduced an automated, comprehensive accounts receivable (AR) platform designed for suppliers. The U.S. Bank Advanced Receivables platform was created in partnership with Billtrust and combines the bank’s payment and risk management capabilities with Billtrust’s AR technology, the bank said in a Tuesday...
Traditionally, the back office has been populated by the number crunchers: the men and women who used to be characterized by expertise in accounts payable (AP) and accounts receivable (AR) via Excel spreadsheets and probably a lot of coffee. But that’s not the case anymore....
Better business-to-business (B2B) payments need to reduce costs, enable scalability, and support data-driven decision-making. Traditionally, the manual processes supporting the accounts payable (AP) and accounts receivable (AR) function have tied up back-office operations with labor-intensive, error-prone and time-consuming workflows. These incumbent processes often involve repetitive...
Interoperability is viewed by many to be the holy grail of business-to-business (B2B) innovation. By enabling systems to work together seamlessly, businesses can reduce costs, improve accuracy, enhance security, and foster better relationships with their partners. Businesses want flexible and customizable workflows, and providers are...
August 06, 2024
The business-to-business (B2B) payments sector is undergoing a transformation as traditional manual processes strain business relationships. Lengthy payment cycles, inefficient communication, and error-prone methods are particularly challenging for small and medium-sized businesses (SMBs) that rely on timely payments. The demand for efficiency and trust necessitates adopting automated and digital solutions. In response, businesses are adopting […]
July 23, 2024
Traditionally, the back office has been populated by the number crunchers: the men and women who used to be characterized by expertise in accounts payable (AP) and accounts receivable (AR)...
April 23, 2024
Management guru Peter Drucker once said that “wherever you see a successful business, somebody made a courageous decision.” That’s the spirit behind the Certainty Project, a study from PYMNTS Intelligence highlighting...
April 16, 2024
Paying and getting paid are crucial to businesses’ livelihood, no matter their size. There isn’t a once-size-fits-all approach to invoicing and reconciliations, and the market remains fragmented — caught between...
July 23, 2024
U.S. Bank has introduced an automated, comprehensive accounts receivable (AR) platform designed for suppliers. The U.S. Bank Advanced Receivables platform was created in partnership with Billtrust and combines the bank’s payment and risk management capabilities with Billtrust’s AR technology, the bank said in a Tuesday (July 23) press release. The platform is designed to help […]
June 18, 2024
Snapchat parent company Snap has launched new generative artificial intelligence (AI) tools that helps users create augmented reality (AR) effects. These tools will enable artists and developers to create AR effects...
June 10, 2024
Sidetrade has added generative artificial intelligence (GenAI) features to its AI-powered order-to-cash (O2C) applications. The first of these features is an AI agent called “Ask Aimie,” the company said in...
May 19, 2024
The CEO of Snap, developer of Snapchat, says the messaging platform is increasing its spending on artificial intelligence (AI) and machine learning. “There was a recognition that we’d fallen behind the curve on...
