Tagged: accounts payable

June 22, 2025 @ 9:58 pm By Tony Zerucha  |  

Global Payments Inc. (NYSE: GPN) recently announced that its MineralTree business, which provides AP and payment automation solutions, and Sage, a provider of accounting, financial, HR, and payroll technology for small and mid-sized businesses (SMBs), launched a vendor payments solution built directly within Sage Intacct…. Read More

May 7, 2025 @ 9:42 am By JD Alois  |  

AvidXchange (Nasdaq: AVDX), a provider of accounts payable (AP) automation software and payment solutions for middle market businesses, has been sold for $2.2 billion. The purchaser was a group led by TPG (NASDAQ: TPG), an alternative asset manager with around $250 billion in AUM. Corpay (NYSE:… Read More

September 24, 2024 @ 1:04 pm By Omar Faridi  |  

Melio, an accounts payable and receivable platform, today announced multiple new features for small and medium-sized businesses and accountants to automate processes, boost control of payments, and improve cash flow management. These features enable accountants, bookkeepers, and financial advisors “to improve clients’ cash flow with… Read More

August 28, 2024 @ 4:45 am By Omar Faridi  |  

AvidXchange, a provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, announced a strategic and exclusive partnership with Workamajig, an agency management software for the creative industry. AvidXchange will be the exclusive, “embedded provider of invoice automation… Read More

May 13, 2024 @ 5:06 pm By Omar Faridi  |  

AvidXchange Holdings, Inc. (Nasdaq: AVDX), a provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers,  announced financial results for the first quarter ended March 31, 2024. Michael Praeger, Chief Executive Officer & Co-Founder of AvidXchange, said: “We… Read More

March 6, 2024 @ 6:45 am By Omar Faridi  |  

AvidXchange Holdings, Inc. (Nasdaq: AVDX), a provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, today announced financial results for the fourth quarter ended December 31, 2023. Michael Praeger, CEO & Co-Founder of AvidXchange, said: “We had… Read More

November 23, 2023 @ 11:12 am By Omar Faridi  |  

AvidXchange, a provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, today announced the recent release of a white paper titled, “2024: Anticipating Tomorrow’s Trends.” The report highlights the findings of a September 2023 survey of 500… Read More

November 21, 2023 @ 7:50 pm By Omar Faridi  |  

Yokoy, the firm focused on Accounts Payable Invoice Automation (APIA), has been recognized in Gartner’s Hype Cycle Report for 2023, the analyst’s annual report into the maturity and benefit of emerging technologies in procurement and sourcing. Yokoy was named a sample vendor in the APIA… Read More

November 11, 2023 @ 8:16 pm By Omar Faridi  |  

AvidXchange, a provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, announced its partnership with AppFolio, the technology firm powering the future of the real estate industry. This partnership will provide customers in the real estate industry… Read More

October 14, 2023 @ 11:38 am By Tony Zerucha  |  

MineralTree’s eighth-annual State of AP Report chronicles the effect of automation, headwinds, inflation and hybrid workplaces on AP teams. “As businesses continue to face a number of challenges and pressures, finance teams are being tasked with finding new ways to drive operating efficiencies and get… Read More

October 4, 2023 @ 7:35 pm By Omar Faridi  |  

Stampli, a key player focused on AI-powered accounts payable automation, today announced that it has raised $61 million in a Series D venture funding round “led by funds managed by Blackstone, with the participation of existing investors Insight Partners, SignalFire, Bloomberg Beta, and NextWorld Capital.”… Read More

October 2, 2023 @ 11:39 am By Omar Faridi  |  

Repay Holdings Corporation (NASDAQ: RPAY), a provider of vertically-integrated payment solutions, announced a partnership with OMNIA Partners, the largest purchasing organization for public sector procurement, “to add REPAY’s automated accounts payable (AP) solutions to its portfolio of national supplier contracts.” Digitizing outbound vendor payments will… Read More

August 3, 2023 @ 9:28 pm By Omar Faridi  |  

Brex, which claims to be the first fully unified global spend platform, launched Brex payables — an AI-enabled Accounts Payable (AP) solution, “combining enhanced bill pay capabilities and purchase cards.” Brex payables offers the controls “required by an AP team to manage procurement spend seamlessly… Read More

August 1, 2023 @ 11:45 am By Omar Faridi  |  

Bluevine, the provider of small business banking solutions, announced the launch of its new accounts payable (AP) offering to help business owners and their teams simplify business payments management from within their Bluevine Business Checking accounts. With accounts payable through Bluevine, business owners can now… Read More

June 19, 2023 @ 2:39 pm By Omar Faridi  |  

AvidXchange Holdings, Inc. (Nasdaq: AVDX), a provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers,  released its 2022 Environmental, Social and Governance (ESG) Report. This report “highlights the company’s commitments to ESG, how these commitments tie back… Read More

June 10, 2023 @ 10:31 am By Omar Faridi  |  

AvidXchange Holdings, Inc. (Nasdaq: AVDX), a provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, announced Lien Waiver Management for TimberScan, a premium feature embedded in AvidXchange’s full purchase-to-pay solution with a seamless Sage 300 CRE integration…. Read More

April 12, 2023 @ 10:38 pm By Omar Faridi  |  

Paymerang, LLC, an innovator in accounts payable automation, announced the asset acquisition of KwikTag, an invoice automation provider for Microsoft Dynamics ERP systems, and the share acquisition of Sypht, an Australia-based AI data platform. The acquisition was completed on April 3, 2023. This is the… Read More

March 9, 2023 @ 10:38 pm By Omar Faridi  |  

AvidXchange Holdings, Inc. (Nasdaq: AVDX), a provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, announced its referral partnership with KeyStone by Corelation Inc., the core processor for today’s credit union. This allows AvidXchange to offer AvidAscend,… Read More

February 8, 2023 @ 3:34 pm By Omar Faridi  |  

AvidXchange (Nasdaq: AVDX), a provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, announced AvidAnalytics, a premium Business Intelligence (BI) solution. AvidAnalytics offers buyer customers custom reporting methods “to help improve spend management and drive stronger results… Read More

December 10, 2022 @ 6:32 pm By Omar Faridi  |  

Veem, an accounts receivable (AR) and accounts payable (AP) network for small and medium-sized businesses (SMBs), announced a partnership with Finastra, a global provider of financial services software applications and marketplaces, “to offer business payments via a native integration with Finastra’s Fusion Digital Banking Platform.”… Read More