Tagged: accounts payable

Payment Delays, Reconciliation Issues are Key Challenges Due to Supply Chain Disruptions: Accounts Payment (AP) Report

MineralTree, a Global Payments (NYSE: GPN) company and Accounts Payable (AP) and payment automation solution provider, recently released its seventh annual State of AP report. For the first time ever, MineralTree expanded its research “to include suppliers, reflecting the growing importance of vendor relationships to… Read More

Paystand Acquires Yaydoo to Establish B2B Receivables, Payables, Payments Network

Paystand, the provider of blockchain-enabled accounts receivable and B2B payments, announced the acquisition of Yaydoo, a firm focused on accounts payable, cash flow management, and liquidity solutions in Mexico and LATAM. The deal represents “one of the biggest technology unions in Mexico and LATAM and… Read More

AvidXchange Teams Up with MDT, Expands Invoice-to-Pay Solution for Credit Unions

AvidXchange Holdings, Inc. (Nasdaq: AVDX), a provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, announced a referral partnership with Member Driven Technologies (MDT), a credit union service organization. MDT hosts the Episys® core platform from Symitar®… Read More

Capital One Business, Melio Introduce Accounts Payable Solution for SMBs

Melio, a B2B payments platform for small businesses, announced the launch of a “fully integrated” accounts payable solution with Capital One Business. This strategic partnership will “enable Capital One small business cardholders to pay their vendors and suppliers with a card – even if they… Read More

Intelligent Accounts Payable Platform Glean AI Secures $10.8M via Seed Round

Glean AI, the intelligent accounts payable firm, has secured $10.8 million in seed financing from Contour Venture Partners (lead investor), Amex Ventures, Infinity Ventures, B Capital Group, Portage Ventures, Parameter Ventures, and several other venture funds and angel investors. The proceeds from the investment round… Read More

Financial Services Firm Melio Shares Ways that Online Accounts Payable Can Streamline Business Processes

Fintech firm Melio has shared ways that online accounts payable tools can make life a lot easier. The Melio team writes in a blog post that most of us set out on an independent career path because we may have a “passion for our field… Read More

Pandemic Driving Accounts Payable Automation: Mineral Tree Report

Accounts payable and payment automation solutions provider MineralTree’s sixth annual State of Accounts Payable (AP) report details some of the effects the COVID-19 pandemic has had on business. COVID-19, remote work mandates, and supply chain dependencies all helped accelerate the digitization of businesses, especially in… Read More

Global Business Payments Company Fleetcor Announces Acquisition of Accounts Payable Cloud Software Platform Roger

  FLEETCOR Technologies, Inc. (NYSE: FLT), a global business payments company, announced on Thursday it has acquired Roger, a global accounts payable (AP) cloud software platform for small businesses. FLEETCOR reported that the acquisition will extend its portfolio of accounts payable automation solutions to small… Read More

AvidXChange Continues Growth With Additional New Leaders Across product, Treasury, & Operations Teams

AvidXchange, a U.S. fintech that provides accounts payable and automated payment solutions to midsize businesses, announced on Tuesday it has continued its growth and development by appointing four new leaders across its product, treasury and operations teams. AvidXchange shared that John Feldman joins as Senior Vice… Read More

AvidXchange Introduces “Boost you Business” Program to Help Companies Cost-Effectively Automate AP

AvidXchange, a U.S. fintech that provides accounts payable and automated payment solutions to midsize businesses, announced on Tuesday the launch of its “Boost your Business” Program, which was created to help more companies quickly and cost-effectively automate their AP. The program notably helps businesses transition to… Read More

Tipalti Launches AI For Accounts Payable “Tipalti Pi”

Global payables platform Tipalti announced on Tuesday the launch of its artificial intelligence (AI) for accounts payable, Tipalti Pi. Acceding to Tipalti, the Tipalti Pi is a continuously-adaptive, integrated payables intelligence engine throughout the Tipalti platform that employs AI and machine learning to make the… Read More

AvidXchange Launches Accounts Payable Automation to More Than 500 Community Management Companies & 50,000 Homeowners Associations

AvidXchange, a U.S. fintech that provides accounts payable and automated payment solutions to midsize businesses, announced on Wednesday it has launched accounts payable automation with its AvidXchange Strongroom product to more than 500 community management companies and 50,000 homeowners associations (HOAs). According to AvidXchange, the… Read More

U.S. Fintech AvidXchange Debuts Account System Integrations For Purchase-to-Pay Solution

AvidXchange, a U.S. fintech that provides accounts payable and automated payment solutions to midsize businesses, announced on Thursday the launch of its first wave of accounting system integrations for its new end-to-end spend management platform. According to AvidXchange, as part of the 2017 Ariett acquisition, the… Read More

Tipalti Unveils New Capabilities For Future-Proof Accounts Payable

Tipalti announced this week the launch of a series of new capabilities that are set to enable forward-thinking CFOs to transform their finance organization from an operational function to a strategic enabler of global growth while transitioning AP from a cost center to a profit… Read More

Charlotte Fintech Firm AvidXchange Announces Partnership with Mastercard and Capital Raise of $300M

Charlotte-based fintech firm AvidXchange, which provides accounts payable and automated payment solutions to midsize businesses, announced a strategic partnership with Mastercard along with a separate capital raise of $300 million. Both the strategic partnership with Mastercard and the capital raise of $300 million will go towards the… Read More

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