Duplicate invoices, delayed payments and other complications usually require tedious — and often inaccurate — manual accounting processes that can cause capital management headaches for businesses' treasury teams. But incorporating data analytics could help these firms spot and eliminate these inefficiencies, Katie Stein, chief strategy...
Handling accounts payable (AP), accounts receivable (AR), cash flows and other capital management tasks is an inescapable reality for almost every business that deals with inventory and sales, but these commonplace processes are fraught with obstacles. Sixty-three percent of businesses in the United Kingdom have...
Meeting the needs of both buyers and suppliers is becoming increasingly easy thanks to technology sitting in between accounts receivable (AR) and accounts payable (AP) departments. This week’s look at the convergence of AR and AP finds new solutions from banks and FinTechs alike finding...
As enterprise digitization initiatives permeate beyond IT departments and into corporate finance functions, executives are exploring new approaches to modernizing the ways they manage money. Within finance and accounting departments, digitization is quickly expanding from encouraging a shift toward electronic documents and adoption of enterprise...
February 06, 2024
Genpact and ServiceNow have expanded their partnership to deliver Source-to-Pay applications across finance and supply chain operations. This collaboration combines the capabilities of professional services firm Genpact and digital workflow company ServiceNow, the companies said in a Tuesday (Feb. 6) press release. By leveraging ServiceNow’s artificial intelligence (AI) capabilities and Genpact’s expertise, the expanded partnership aims to accelerate team productivity, simplify […]
