Automation/page/4 news and trends

Walmart Taps Automation in Bid to Broaden Grocery Lead Over Amazon
Retail // July 12, 2024

As Walmart looks to hold its own against Amazon’s growing lead in retail, the company is leaning into its food and beverage stronghold, leveraging automation to scale its omnichannel grocery presence. On Wednesday (July 10), the retail giant announced plans for the future of its...

Zone & Co Adds OCR Capabilities With Staria Flow Acquisition
Acquisitions // July 11, 2024

Zone & Co has acquired Staria’s accounts payable (AP) automation solution, Staria Flow. This acquisition will add enterprise optical character recognition (OCR) capabilities to Zone’s procure-to-pay solution, the companies said in a Thursday (July 11) press release. It follows Zone’s acquisitions of financial reporting solution provider Solution 7...

Sovos CEO Says Government Tax Compliance Mandates Push CFOs to Modernize
Taxes // July 11, 2024

Governments around the world are using mandates to modernize and digitize all manner of activities, including how they collect taxes. To get a sense of the task at hand and its complexity, there are 19,000 taxing jurisdictions making thousands of changes, which has a ripple...

Japan Ditched Floppy Disks, but Can Businesses Ditch Paper Checks?
B2B Payments // July 08, 2024

Technological innovation moves fast, but sometimes businesses can move slowly. Or even not at all. Take for example the news from Reuters that the Japanese government officially, and finally, decided last month to cease the use of floppy disks for things like business and regulatory...

Interviews & Exclusives
AI Gets Positive Prognosis for Health Insurance Industry

July 15, 2024
Artificial intelligence (AI) is set to change the health insurance industry, potentially slashing costs and boosting revenues for payers grappling with economic pressures. As insurers face rising medical service utilization and provider costs and tightening Medicare Advantage reimbursements, AI and automation technologies offer a possible solution to improve efficiency and profitability. Payers could reportedly achieve […]

Walmart Taps Automation in Bid to Broaden Grocery Lead Over Amazon

July 12, 2024
As Walmart looks to hold its own against Amazon’s growing lead in retail, the company is leaning into its food and beverage stronghold, leveraging automation to scale its omnichannel grocery...

Sovos CEO Says Government Tax Compliance Mandates Push CFOs to Modernize

July 11, 2024
Governments around the world are using mandates to modernize and digitize all manner of activities, including how they collect taxes. To get a sense of the task at hand and...

Walmart: AI Helps Create ‘Ready for Anything’ Supply Chains

July 03, 2024
What gets measured ultimately gets improved. And when it comes to supply chain management, that old adage couldn’t be truer. Fortunately for businesses, despite ongoing supply chain disruptions and operational...

Quick Reads
Zone & Co Adds OCR Capabilities With Staria Flow Acquisition

July 11, 2024
Zone & Co has acquired Staria’s accounts payable (AP) automation solution, Staria Flow. This acquisition will add enterprise optical character recognition (OCR) capabilities to Zone’s procure-to-pay solution, the companies said in a Thursday (July 11) press release. It follows Zone’s acquisitions of financial reporting solution provider Solution 7 and payroll and employee-centric solution provider Infinet Cloud over the past […]

Basware Integrates With Amazon Business to Streamline Purchasing

July 01, 2024
Accounts payable automation and procurement solutions provider Basware announced an integration with Amazon Business. The collaboration is designed to streamline purchasing and procurement for customers, Basware said in a news...

FlexPoint Launches Automated Billing Partnership With Pax8

June 27, 2024
Automated billing and payment solution provider FlexPoint launched a collaboration with cloud commerce marketplace Pax8. The partnership brings FlexPoint’s financial platform to the Pax8 Marketplace, according to a Thursday (June...

Tabs Adds Revenue Recognition Capability to Billing, Financial Operations Platform

June 26, 2024
Tabs added revenue recognition capability to its artificial intelligence-powered billing and financial operations platform for B2B businesses. The new Tabs Revenue Recognition module helps businesses manage and recognize revenue, ensure...