Business payments platform Routable has expanded its capabilities, adding new features for automated invoice data entry, a press release said. The company has added Optical Character Recognition (OCR), which will let the Routable platform automatically scan invoices and create payables. This will make it so...
Late payments can sink businesses, but there is a fix: request-for-payment that allows consumers to pay and billers to instantly receive funds. Hisham Salama, executive vice president and chief digital officer at Bank of the West, explains how pairing request-for-payment features with real-time payment options...
Businesses can struggle to quickly reconcile payments when their employees have to juggle multiple software platforms, says Jason Hagan, director of treasury services product strategy at First National Bank of Omaha. In the Next-Gen AP/AR Digitization Report, Hagan explains how integrations help companies swiftly consolidate...
If there's one big takeaway that has come out of the pandemic's impact on businesses' accounts payable operations, it’s that solely relying on manual, on-site processes can leave businesses flat-footed, TD Bank’s Neil McHugh says. In the Next-Gen AP Automation Tracker, McHugh explains corporates are...
August 12, 2020
Businesses are seriously examining how to retool their accounts payable (AP) strategies as they work to better endure a shifting economic landscape. Thirty-eight percent of companies have already reported adopting AP automations this year — a leap from the 24% who did so in 2019 — and organizations may be finding that moving to […]
June 19, 2020
Businesses that have stuck with paper-based accounts payable (AP) processes are feeling the heat as the COVID-19 pandemic makes it unsafe for staff to conduct manual invoice and payment processing...
May 13, 2020
Late payments have always plagued business-to-business (B2B) commerce, but the problem is coming to a new head. Financial instabilities that many companies are facing due to the pandemic has made...
September 29, 2022
Payments platform Hopscotch, which works with freelancers and smaller businesses, has announced an expansion including a tool letting users finance invoices in two clicks, a press release said. The company will also offer a tool for businesses to unlock revenue from unpaid invoices and get paid on demand. Hopscotch Flow, the report said, will offer […]
September 28, 2022
Business payments platform Routable has expanded its capabilities, adding new features for automated invoice data entry, a press release said. The company has added Optical Character Recognition (OCR), which will...
March 27, 2019
MineralTree, an accounts payable and payment automation company, announced Wednesday (March 27) it closed a $50 million growth equity investment fundraising round. In a press release, MineralTree said the investment round was...
March 20, 2019
Bitcoin’s share of the total cryptocurrency market is close to falling below 50 percent for the first time in over seven months. CoinDesk reported that the crypto currently accounts for 50.9...
