ERP systems are the foundation of a well-run business but remain disconnected from corporate payment systems. And that increases manual labor, resulting in delays and errors, EVO Payments’ Fauwaz Hussain tells PYMNTS.
Business-to-business (B2B) payments are growing increasingly digital, a relief for accounting teams burdened with the manual processes of invoice creation, check writing and mailing invoices and payments through postal systems. Banks and businesses are turning to enterprise resource planning (ERP) systems en masse to address...
The banking industry is undergoing a pandemic-fueled digital transformation that is reshaping how businesses of all sizes operate. The global health crisis forced companies to embrace digital channels in record numbers. Although lockdowns have ended and many people have returned to the office, the embrace...
Perhaps nothing is more critical to the success of an organization than the accounts receivable (AR) and accounts payable (AP) processes it employs. A recent study revealed that 35% of finance leaders worldwide find their organizations plagued with time-consuming, legacy AR and AP processes such as manual invoice...
July 15, 2022
The banking industry is undergoing a pandemic-fueled digital transformation that is reshaping how businesses of all sizes operate. The global health crisis forced companies to embrace digital channels in record numbers. Although lockdowns have ended and many people have returned to the office, the embrace of digital solutions persists. This is especially true for small- […]
June 20, 2022
Automation of accounts receivable (AR) and accounts payable (AP) processes through enterprise resource planning (ERP) solutions have become the gold standard for companies seeking to streamline their operations and cut...
