Centime added a fully liquid, high-yield bank account to its accounts payable (AP) automation solution. With the new offering, businesses can earn interest on AP float, use those earnings to cover the subscription costs of the AP solution and transform their AP into a new...
Think of the consumer packaged goods industry, and you think of the monoliths. Procter & Gamble, for example, has been around since 1837 and has 65 brands on its current roster. Colgate-Palmolive has been in business since 1806 and has 32 brands. What gets lost...
Transforming back-office functions can often serve as a way to move business growth forward. And the accounts payable (AP) function, which plays a crucial role in maintaining the financial health of an organization, is more and more being recognized for its potential to become a...
Maybe you’ve gotten the emails, or heard through word of mouth: There are billions of dollars’ worth of unclaimed assets held by state governments. Ann Fulmer, director of unclaimed property consulting services at Sovos, told PYMNTS that the holdings are both tangible and intangible …...
Otelier has launched a product that automates accounts payable (AP) workflows for hotel operators. The new DigiPay product streamlines back-office operations by eliminating time spent processing invoices and cutting checks to suppliers, the company said in a Tuesday (June 18) press release. “Accounts payable is...
Thanks in part to the influx of gig workers and demands of key industries, enterprise small- to medium-sized business (SMB) payers are sending 28% more instant ad hoc payments than they did inSeptember. Ad hoc payments — those payments made outside of normal invoicing and...
Deloitte and Basware have partnered to facilitate accounts payable (AP) automation, touchless invoicing and compliance with eInvoicing regulations for global customers. Together, they will develop a joint go-to-market strategy to reach a wider audience, address evolving eInvoicing requirements and develop certified Deloitte consultants trained on...
TranscendAP, which has been a business unit of Optima Global Solutions since 2018, is now operating as a newly formed company. The firm was launched by Optima Global Solutions and TranscendAP co-founder and CEO Jeff Weinstein to focus on delivering artificial intelligence (AI)-powered accounts payable (AP) automation solutions to...
Basware expanded its market offering by acquiring AP Matching. The acquisition will add AP Matching’s cloud-based solutions for managing invoices and reconciling statements to Basware’s accounts payable (AP) automation and invoice processing capabilities, the companies said in a Wednesday (May 8) press release. “We’re excited to combine forces with...
