OnPay Solutions, which works in accounts payable (AP) automation, has struck a partnership with business innovation intelligence platform CapX to offer new supplier payment automation for clients, according to a press release. CapX allows clients to better adopt technology through a curated suite of products,...
The pandemic and subsequent economic downturn have driven B2B payment pains to a new level. Vendors that had once regarded late buyer payments as burdensome but unavoidable now risk going out of business if those business customers do not step up the tempo. Buyers,...
On top of being a cumbersome payment vehicle, the paper check continues to pose a major risk to corporate coffers. Fraud is on the rise, from both within and outside of the organization, and bad actors continue to take advantage of the paper check’s lack...
People and business owners – pretty much everyone – is confronting the reality that the world has changed in ways that we can’t yet fully comprehend. But as a second wave of COVID-19 cases accompanies reopenings, this much is becoming clear: Time-honored traditions of going...
July 31, 2020
The pandemic and subsequent economic downturn have driven B2B payment pains to a new level. Vendors that had once regarded late buyer payments as burdensome but unavoidable now risk going out of business if those business customers do not step up the tempo. Buyers, meanwhile, are struggling to manage their cashflows as they face […]
July 31, 2020
On top of being a cumbersome payment vehicle, the paper check continues to pose a major risk to corporate coffers. Fraud is on the rise, from both within and outside...
July 16, 2020
As chief financial officers (CFOs) become more familiar with the opportunities of virtual card adoption, they’re also becoming more well-versed on their biggest challenges. In addition to overcoming the inertia...
June 23, 2020
Accounts payable (AP) departments have been forced to hold critical conversations about a “paradigm shift” occurring in their industry. No longer can corporates continue to operate with paper and manual...
