Supply chain collaboration platform SourceDay and accounts payable platform Medius are collaborating to enhance procure-to-pay operations for businesses. Through the partnership, firms can get access to autonomous, touchless invoice processing, the companies said in a Tuesday (April 30) news release. Additionally, firms are offered fraud protection via anomaly detection capabilities,...
Adding to ongoing confusion and hiccups surrounding the U.S. stimulus package, some small- to medium-sized businesses (SMBs) remain unclear as to whether their ties to venture capital investors will exclude them from being able to access Paycheck Protection Program (PPP) loans. As venture capital firms...
Procurement processes don’t begin and end with a purchase or a payment. For large corporates working with hundreds, sometimes thousands of manufacturers, the procure-to-pay processes is a long, drawn-out one, with plenty of room for data bottlenecks, errors and late payments. For organizations’ direct spend...
The procure-to-pay process can be like a game of dominoes stacked up and ready to fall into place. The first domino in the set is the purchase order, and unless that PO is correct, everything else, including invoice and payment, can quickly fall into disarray....
April 30, 2024
Supply chain collaboration platform SourceDay and accounts payable platform Medius are collaborating to enhance procure-to-pay operations for businesses. Through the partnership, firms can get access to autonomous, touchless invoice processing, the companies said in a Tuesday (April 30) news release. Additionally, firms are offered fraud protection via anomaly detection capabilities, creating a more secure and trustworthy financial environment. Firms can […]
