Corporate payments solution provider Bill.com has announced enhancements to its offerings for middle-market companies, aimed at reducing friction in both accounts receivable (AR) and accounts payable (AP). The company’s press release, issued on Wednesday (Oct. 16), noted a range of enhancements — including purchase order-to-payment...
Driving efficiency in accounts payable (AP) can stem from an array of efforts. Adopting electronic payments and getting rid of paper checks is certainly one way to boost AP efficiency. In addition, adopting a digital accounts payable platform can streamline operations, as well as open...
Straight-through processing (STP) is the gold standard for accounts payable (AP) departments. It allows invoices to be received, reviewed and pushed through for payment, all without manual intervention. However, experts have agreed that STP is best for companies without a high level of invoice exceptions. For businesses that...
Coupa has announced another bank partner to join its recently launched suite of B2B payments solutions known as Coupa Pay. Coupa Software and JPMorgan announced on Tuesday (Jan. 22) that they are now working together to integrate JPMorgan’s Single-Use Accounts (SUA) virtual cards into the...
July 26, 2018
More discounts. Better cash flow. No faxes, far fewer ink stains and a severe reduction in paper cuts. An increase of time. Better relations with suppliers. Those stand as the benefits of an accounts payable (AP) revolution — at least according to a recent PYMNTS webinar entitled “The Payable to Payments Revolution.” In it, Karen […]
