Tagged: automation

October 20, 2022 @ 7:57 pm By Omar Faridi  |  

American Express (NYSE: AXP) and Cvent (Nasdaq: CVT), a meetings, events, and hospitality technology provider, introduced enhanced features to the Cvent Event Marketing & Management platform that “further expand virtual payment capabilities, leveraging American Express’ integrated budget management and payment automation solutions.” The enhanced features… Read More

October 12, 2022 @ 8:13 am By Omar Faridi  |  

BNP Paribas (EPA: BNP) is pleased to announce the signature of an agreement for the acquisition of Kantox, a Fintech for the automation of currency risk management. FT Partners advised Kantox on its sale to BNP Paribas. Kantox’s software solution has “managed to successfully re-bundle the… Read More

October 9, 2022 @ 2:05 pm By Omar Faridi  |  

Decades into the new millennium, finance teams are still behind with digital transformation. Research shows that finance executives are still struggling with process improvement, whether it be document handling, collecting signatures, reporting, or forecasting. Finance is a key function that supports the business with timely… Read More

October 6, 2022 @ 6:43 pm By Omar Faridi  |  

RBC announced it has acquired MDBilling.ca, a cloud-based platform that automates and simplifies medical billing for Canadian physicians. The company joins Dr.Bill at RBC, another medical billing company “acquired by the bank in 2020.” Founded in 2008, Toronto-based MDBilling.ca’s product offering is “rooted in its… Read More

October 4, 2022 @ 11:07 am By Omar Faridi  |  

SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) announced at its SS&C Deliver Conference the rollout of its intelligent automation portfolio “under the SS&C Blue Prism brand.” SS&C Blue Prism “combines RPA, BPM and low and no-code capabilities to provide a comprehensive menu of intelligent automation (IA)… Read More

October 3, 2022 @ 10:49 pm By Omar Faridi  |  

Savana, which claims to be one of the industry leaders in financial software for banks and Fintechs, announced that Battle Financial, Inc., building the proposed Eagle County Colorado-based Battle Bank, has selected Savana “as the digital delivery platform to orchestrate its technology ecosystem and automate… Read More

September 29, 2022 @ 8:52 pm By Omar Faridi  |  

BTRS Holdings Inc. (Billtrust) (NASDAQ: BTRS), a B2B accounts receivable automation and integrated payments leader, announced that it has entered into a definitive agreement to be acquired by EQT X fund (EQT Private Equity), part of EQT, a global investment organization, “in an all-cash transaction… Read More

September 25, 2022 @ 5:54 pm By Omar Faridi  |  

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

September 15, 2022 @ 5:51 pm By Omar Faridi  |  

Bottomline, a provider of financial technology that makes business payments simple, smart, and secure, recently announced its acquisition of Nexus Systems, a provider of accounts payable (AP) and payments automation software “for the real estate and property management industries.” The Nexus procure-to-pay (P2P) solution “takes… Read More

September 8, 2022 @ 5:58 pm By Omar Faridi  |  

Mesh Payments, the insight-driven finance automation platform, recently announced $60 million in new financing, “bringing the total amount raised to $123 million.” Alpha Wave leads the equity round “with participation from existing investors, including Tiger Global, TLV Partners, Entreé Capital, and Meron Capital.” The proceeds… Read More

September 5, 2022 @ 6:07 pm By Omar Faridi  |  

ConnectWise, which claims to be the world’s leading software company dedicated to the success of IT solution providers, announced it has acquired Wise-Sync, an integrated payment automation platform and “long-term” partner in the ConnectWise ecosystem. The acquisition will pair ConnectWise’s IT solution provider (TSP) software… Read More

September 3, 2022 @ 3:26 pm By Omar Faridi  |  

Fairmarkit, the automated sourcing platform that is transforming the procurement of goods and services for enterprises, announced a $35.6 million Series C investment, “bringing its total funding to date to $78 million.” The investment round was “led by OMERS Growth Equity with participation from investors… Read More

August 28, 2022 @ 10:33 pm By Omar Faridi  |  

Billtrust (NASDAQ: BTRS), a B2B accounts receivable automation and integrated payments provider, and Johnstone Supply, a cooperative wholesale distributor in the HVACR industry, recently announced a strategic collaboration that will “help their 90+ individual Johnstone Business Owners take control of the order-to-cash process.” Billtrust has… Read More

August 25, 2022 @ 3:55 pm By Omar Faridi  |  

Ramp, the first finance automation platform and corporate card designed to help businesses spend less, announced an expansion of its platform that “enables businesses to finance all of their bills in one place.” Bill Pay, its accounts payable automation product, will now “offer businesses the… Read More

August 23, 2022 @ 10:47 pm By Omar Faridi  |  

PassFort, A Moody’s Analytics Company that provides a SaaS Regtech platform that automates anti-financial crime and compliance processes, announced that OneBanx the shared banking innovator, “has chosen to use PassFort’s Know Your Business (KYB) workflow solution to create a seamless onboarding experience for business customers.”… Read More

August 23, 2022 @ 6:34 am By Omar Faridi  |  

Diebold Nixdorf (NYSE: DBD), a key player in automating, digitizing and transforming the way people bank and shop, announced that Joe Myers has joined the company ‘as executive vice president, Global Banking.” Myers will report directly to Chief Executive Officer Octavio Marquez and will “lead… Read More

August 19, 2022 @ 10:07 am By Omar Faridi  |  

The Seymour Bank and Teslar Software announced their partnership “to enhance the bank’s commercial lending strategy, increasing automation, efficiencies and accessibility through Teslar’s lending process automation platform.” Seymour, Mo.-based The Seymour Bank will “use Teslar to better track documentation and monitor exceptions.” They will also… Read More

August 19, 2022 @ 8:35 am By Omar Faridi  |  

Lightyear, the Purchasing and Accounts Payable automation software app, recently announced the launch of an improved Advanced Reporting engine. The Advanced Reporting engine has redesigned the Archive from the ground up, offering a more seamless user interface (UI) that enable accounting and finance teams to… Read More

August 17, 2022 @ 4:36 pm By Omar Faridi  |  

Zimpler, a Fintech company based in Sweden, has partnered with Fintech startup Gigapay in order to offer content creators with a seamless payout management system. Gigapay was reportedly the first to accommodate freelancers without a registered firm and now thanks to their collaboration with Zimpler,… Read More

August 15, 2022 @ 9:41 pm By Omar Faridi  |  

The Age of “Spendlightenment” has dawned, the team at Airbase notes in a blog post. The innovation of spend management has “the power to elevate the work of finance professionals to a higher state of being, one characterized by unprecedented vision, power, and flow.” When… Read More