OpenEnvoy

If AI Can Replace Employees, It Can Also Replace Vendors
If AI Can Replace Employees, It Can Also Replace Vendors
May 12, 2023  |  Opinion

PYMNTS asked business leaders for their take on how to plan for the rest of 2023 and what they are telling their teams to focus...

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Generative AI Moves Finance Teams From Bean Counter to Business Partner
Generative AI Moves Finance Teams From Bean Counter to Business Partner
May 04, 2023  |  CFO

The future of business operations is undoubtedly digital.  Generative artificial intelligence (AI) tools and automated machine learning (ML) solutions are disrupting the economic landscape and ushering in a new, modern...

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OpenEnvoy Raises $15 Million to Grow AP Automation Solution
OpenEnvoy Raises $15 Million to Grow AP Automation Solution
May 03, 2023  |  Investments

OpenEnvoy has raised $15 million in Series A financing to grow its accounts payable (AP) automation solution. The company’s platform uses artificial intelligence (AI) to...

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CFOs Rethink ROI in Measuring Financial Supply Chain Cost and Risks
CFOs Rethink ROI in Measuring Financial Supply Chain Cost and Risks
April 28, 2023  |  CFO

“It’s a really difficult time to be a CFO and think strategically,” OpenEnvoy CEO Matt Tillman told PYMNTS’ Karen Webster. “Lately, it’s been more about,...

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OpenEnvoy CEO Says Generative AI Will Soon Spawn Companies of One
OpenEnvoy CEO Says Generative AI Will Soon Spawn Companies of One
March 27, 2023  |  Artificial Intelligence

“Small forest fires” that are “ultimately good for the forest.” That’s how Matthew Tillman, CEO at automated accounts payable (AP) solution OpenEnvoy, is looking at...

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Why Accounts Payable Should Be Done by Machines, not People
Why Accounts Payable Should Be Done by Machines, not People
February 23, 2023  |  Opinion

AI technology in the accounts payables process results in more accuracy and less fraud, OpenEnvoy CEO Matthew Tillman writes in the new PYMNTS eBook, “2023...

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Automation Does the Work Accountants No Longer Want To
Automation Does the Work Accountants No Longer Want To
December 29, 2022  |  Back-office

CFOs looking for talented accountants and audit lieutenants aren’t having much luck finding them. Just ask crypto executives how their search is going. As OpenEnvoy CEO Matt Tillman told...

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CFOs Look Back on 2022 as the Year of Digital Transformation
CFOs Look Back on 2022 as the Year of Digital Transformation
December 29, 2022  |  Digital Payments

For scores of CFOs, 2022 may go down as the year where they zeroed in on “what really matters” — including digital transformation. Amidst the...

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Spreadsheet Mistakes Create Costly Consequences for CFOs
Spreadsheet Mistakes Create Costly Consequences for CFOs
November 30, 2022  |  B2B Payments

New findings show the 35-year-old digital spreadsheet is proving to be error prone and costly. A widespread tool, Microsoft’s Excel spreadsheet product is ubiquitous across...

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