Businesses should focus on growth, not payments. However, that’s not to say that payments aren’t one of the most integral elements in business growth. “Consumers have definitely embraced digital payments, but many businesses still rely on mailed invoices and paper checks,” Trina Dutta, vice president...
Innovation begets innovation — and companies that neglect that fact can often end up stagnating. Consider, for example, the fact that in today’s digital economy, payments are no longer just a means of settling invoices — they’re emerging as strategic tools for generating revenue. Digital...
Old-school manual B2B payments, particularly checks, are sitting ducks for fraudsters. Many organizations, particularly those in industries with long-established practices or fragmented environments, like construction, healthcare and beyond, continue to manage payments using outdated methods such as paper checks, manual invoicing and batch payments. And...
Vault has released new functionality for its platform to help Canadian businesses automate vendor payments. The new addition, announced in a news release Tuesday (Aug. 27), offers businesses a “true two-way sync,” Vault said in a news release, noting that early testing showed businesses could...
October 17, 2024
Doctor visits and medical bills are a fact of life. But occasionally the payments tables are turned in favor of the patient in the form of refunds or disbursements. It’s a happy event, to be sure, and sometimes an unexpected one. But all too often the reimbursement is issued in paper form, where the checks […]
October 16, 2024
Businesses should focus on growth, not payments. However, that’s not to say that payments aren’t one of the most integral elements in business growth. “Consumers have definitely embraced digital payments,...
April 08, 2024
When you think of subscriptions, an array of products and services likely come to mind. From streaming services to pet foods to coffee pods to yoga classes, consumers of all...
June 26, 2023
Business-to-business (B2B) payments are the lifeblood of the modern economy, with businesses spending trillions of dollars on merchandise, services and other goods from their vendors and creditors. Experts estimate that...
August 27, 2024
Vault has released new functionality for its platform to help Canadian businesses automate vendor payments. The new addition, announced in a news release Tuesday (Aug. 27), offers businesses a “true two-way sync,” Vault said in a news release, noting that early testing showed businesses could reduce the time needed to pay their vendors by 70%. […]
February 29, 2024
PayCargo and Rippey AI have partnered to connect artificial intelligence (AI) with both payable and receivable invoices in the logistics industry. By doing so, they aim to connect invoice automation and transaction processing...
October 17, 2023
B2B payments company Boost Payment Solutions has launched a platform designed to optimize card-based payments for medium- to large-sized enterprises. Called Boost 100, this new solution aims to digitize and automate...
October 05, 2023
Chief financial officers (CFOs) are looking at automation to improve their accounts receivable (AR) processes. Sixty-seven percent of CFOs say their firms “probably” need more automation and 27% say they...
