The future of business operations is undoubtedly digital. Generative artificial intelligence (AI) tools and automated machine learning (ML) solutions are disrupting the economic landscape and ushering in a new, modern operating environment. The speed at which this digitization is transforming legacy processes across industries makes it more critical than ever...
OpenEnvoy has raised $15 million in Series A financing to grow its accounts payable (AP) automation solution. The company’s platform uses artificial intelligence (AI) to digitize invoices and perform reconciliation, eliminating billing errors and the need for interdepartmental approval processes, OpenEnvoy said in a Wednesday...
“It’s a really difficult time to be a CFO and think strategically,” OpenEnvoy CEO Matt Tillman told PYMNTS’ Karen Webster. “Lately, it’s been more about, ‘What fires can I put out?’” Not all that long ago, chief financial officers may have relied on a single...
“Small forest fires” that are “ultimately good for the forest.” That’s how Matthew Tillman, CEO at automated accounts payable (AP) solution OpenEnvoy, is looking at the banking crisis, he told PYMNTS CEO Karen Webster. Silicon Valley Bank’s collapse has forced many company founders to be...
May 12, 2023
PYMNTS asked business leaders for their take on how to plan for the rest of 2023 and what they are telling their teams to focus on. OpenEnvoy CEO Matthew Tillman said CFOs are realizing AI doesn’t just replace a lot of work, it also replaces vendor headcount and automates costly finance workflows, preventing billions of […]
April 28, 2023
“It’s a really difficult time to be a CFO and think strategically,” OpenEnvoy CEO Matt Tillman told PYMNTS’ Karen Webster. “Lately, it’s been more about, ‘What fires can I put...
March 27, 2023
“Small forest fires” that are “ultimately good for the forest.” That’s how Matthew Tillman, CEO at automated accounts payable (AP) solution OpenEnvoy, is looking at the banking crisis, he told...
February 23, 2023
AI technology in the accounts payables process results in more accuracy and less fraud, OpenEnvoy CEO Matthew Tillman writes in the new PYMNTS eBook, “2023 Payments New Year’s Resolutions.” In...
May 03, 2023
OpenEnvoy has raised $15 million in Series A financing to grow its accounts payable (AP) automation solution. The company’s platform uses artificial intelligence (AI) to digitize invoices and perform reconciliation, eliminating billing errors and the need for interdepartmental approval processes, OpenEnvoy said in a Wednesday (May 3) press release. “We’re thrilled to continue pushing the […]
