Automation news and trends

Travel Sites Add AI Tools as Google Maps Hits 2 Billion Monthly Users
Artificial Intelligence // November 05, 2024

Google Maps introduced Gemini artificial intelligence features for its growing user base as HotelPlanner announced its automated voice assistant handles 10,000 daily hotel bookings, and Booking.com launched natural language search across its platform. The three companies added capabilities from location recommendations to automated reservations and...

Why Companies Want Accounts Receivables to Get Smarter and Faster Right Now
Accounts Receivable // November 04, 2024

An object at rest stays at rest, Isaac Newton famously proved. And for many otherwise-savvy B2B businesses, the object most likely to be perennially obstructed by inertia tends to be their accounts receivable (AR) function. “As companies grow in size, they’re often manually trying to...

The Two Things That CFOs and Treasurers Want From Working Capital Solutions
CFO // November 04, 2024

The economy is unpredictable, and companies are clamoring for on-demand working capital solutions that can be tailored to their unique needs. Imagine a world where your bank knows your business as well as you do, providing the working capital solution you need right when you...

Making Sense of Your Company’s B2B Payments Data
B2B Payments // November 01, 2024

For most of its history, payments data has been primarily paper-based. This relegated B2B payments data to mere record-keeping minutiae and made the task of unlocking it a highly manual, administrative burden. But with the news Thursday (Oct. 31) that Melio raised $150 million in a...

Interviews & Exclusives
Healthcare’s Working Capital Shift Boosts Cash Flow and Strengthens Supplier Ties

November 07, 2024
The healthcare industry might be likened to a battleship when it comes to payments innovation. It’s massive and slow to turn, but once turned, the waves made are enormous. In the United States, for example, the Centers for Medicare & Medicaid Services estimated that the healthcare sector accounts for as much as 17% of GDP. […]

Why Companies Want Accounts Receivables to Get Smarter and Faster Right Now

November 04, 2024
An object at rest stays at rest, Isaac Newton famously proved. And for many otherwise-savvy B2B businesses, the object most likely to be perennially obstructed by inertia tends to be...

The Two Things That CFOs and Treasurers Want From Working Capital Solutions

November 04, 2024
The economy is unpredictable, and companies are clamoring for on-demand working capital solutions that can be tailored to their unique needs. Imagine a world where your bank knows your business...

BofA: CFOs and Treasurers Need New Approach to Liquidity Amid Interest Rate Volatility

October 30, 2024
Despite the interest rate cuts by the Federal Reserve — 0.5% for the first go-round in September, with more cuts widely expected — the fact remains that the era of...

Quick Reads
ABBYY Rolls Out AI Center to Boost Business Automation

October 30, 2024
ABBYY is introducing new capabilities for artificial intelligence to help companies bolster automation. The offerings include Phoenix, a “multi-modal approach to zero-shot learning leveraging small language models” designed for document tasks, a Secure Large Language Model (LLM) Gateway, and “enterprise-ready tools and applications that enable global enterprises to gain more value and insight into business-critical […]

Crater Launches AR/AP Solutions for Financial Institutions and B2B Platforms

October 29, 2024
Crater launched artificial intelligence-powered accounts receivable (AR) and accounts payable (AP) solutions for banks, credit unions and B2B platforms. With these solutions, customers can offer white-labeled, embedded AR/AP products like...

Helcim Debuts Recurring Payments Tool to Combat Manual Billing

October 29, 2024
Payments solutions provider Helcim debuted a tool to help businesses automate their payment collections. Recurring Payments allows businesses to create tailored billing schedules for clients, collecting payments automatically as they’re...

Bill360 to Add Bulk Email Notification to AR Automation Platform

October 25, 2024
Bill360 will add new features to its accounts receivable (AR) automation platform that will enhance the invoice email process, increase protection against credit card fraud and make paying invoices easier...