In a world where time is money, the ability to streamline contracting and payment processes is more than just a convenience — it’s a competitive advantage. Contracting and payment processes are notorious for being cumbersome, time-consuming and often riddled with inefficiencies. From the initiation of...
It’s almost 2025, but many enterprise firms are still chasing paper when it comes to their accounts receivable (AR). When faced with the choice between being buried in mounting piles of invoices or embracing the streamlined benefits of paperless processes, many organizations frequently choose to...
U.S. Bank has introduced an automated, comprehensive accounts receivable (AR) platform designed for suppliers. The U.S. Bank Advanced Receivables platform was created in partnership with Billtrust and combines the bank’s payment and risk management capabilities with Billtrust’s AR technology, the bank said in a Tuesday...
Commercial payments are never just payments. More than the money movement itself, business payments comprise the workflows and data surrounding and supporting them. Ultimately, commercial payments help define and dictate the end-to-end experience a business can provide its customers. “Helping our customers move to a...
40Seas has launched a Global Accounts Receivable platform that is powered by artificial intelligence (AI) and centralizes invoice data in a single dashboard. The platform can also help companies streamline the reconciliation process, collect payments and offer extended payment terms to their customers, the company...
Billtrust, a B2B order-to-cash and digital payments provider, unveiled new artificial intelligence tools within its accounts receivable software platform. The tools aim to empower finance professionals by providing them with business insights and enabling them to make strategic decisions and engage customers more effectively, the...
CTS Systems has integrated Corcentric’s Managed Accounts Receivable (AR) services into its travel booking platform. With this integration, the CTS Systems platform will offer corporate travel agents and hotels a single-source solution providing consolidated, digitized and secure invoice processing, the companies said in a Wednesday (May 8) press release. “By partnering with...
Fifty-seven percent of the total accounts receivable (AR) transactional volume flowing into the coffers of small to mid-sized businesses (SMBs) comes in the form of nonrecurring, ad hoc payments. Yet, PYMNTS Intelligence found that in most cases, the process around receiving and processing these ad hoc...
When it comes to choosing a career in accounting, the numbers no longer add up. That’s because, from corporate finance departments to CPA (certified public accountant) prep courses, finance functions across America are suffering from an ongoing attrition of their most seasoned team members while the accounting profession as...
