Payables news and trends

ePayPolicy Debuts Payables Reconciliation Automation Tool for Insurance Industry
Insurance // April 05, 2023

ePayPolicy has added a payables reconciliation automation tool to its insurance payment and reconciliation products suite. The new Payables Connect leverages the company’s existing integrations and machine learning (ML) technology to automate the reconciliation, creation and payment of due payables, ePayPolicy said in a Wednesday (April 5) press...

Routable Debuts Optical Character Recognition for Invoice Processing
Accounts Payable // 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 let the Routable platform automatically scan invoices and create payables. This will make it so...

Chegg CFO: How Existing FinTech Partners Bolster Digital Transformation
B2B Payments // November 20, 2020

The name of the game is digitization for organizations across all industries, thanks to the “new normal” of working from home amid the pandemic. But what does the process of digital adoption actually look like from the vantage point of the CFO? For Andy Brown,...

AP Automation: B2B’s Digital Shift Accelerates Move To Touchless Payables
B2B Payments // November 19, 2020

In the continuous movement toward automating B2B payments – and especially payables – the pandemic is pushing firms to examine internal workflows and embrace the touchless process. Robotic process automation and accounts payable (AP) automation can be blended into solutions that are verticalized for specific...

Interviews & Exclusives
AP Automation: B2B’s Digital Shift Accelerates Move To Touchless Payables

November 19, 2020
In the continuous movement toward automating B2B payments – and especially payables – the pandemic is pushing firms to examine internal workflows and embrace the touchless process. Robotic process automation and accounts payable (AP) automation can be blended into solutions that are verticalized for specific tasks. But in getting there, firms must overcome their inertia […]

Quick Reads
Brex Adds AI-Powered AP Solution to Global Spend Platform

August 01, 2023
Brex has added an artificial intelligence (AI)-powered accounts payable (AP) solution to its global spend platform. The new Payables solution combines enhanced bill pay capabilities and purchase cards and is designed to offer AP teams the controls they need while also giving employees the flexibility they want for business spend, Brex said in a Tuesday (Aug. […]

ePayPolicy Debuts Payables Reconciliation Automation Tool for Insurance Industry

April 05, 2023
ePayPolicy has added a payables reconciliation automation tool to its insurance payment and reconciliation products suite. The new Payables Connect leverages the company’s existing integrations and machine learning (ML) technology to automate...

Routable Debuts Optical Character Recognition for Invoice Processing

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...

Tipalti FinTech Exceeds $10B In Yearly Transaction Volume

February 19, 2020
Global payables automation platform Tipalti has exceeded $10 billion in yearly transactions, according to a release on Wednesday (Feb. 19). The company has also passed the threshold of 900 customers...