Bain & Company and ChatGPT creator OpenAI have formed a global services alliance. The alliance will bring together Bain & Company’s digital implementation capabilities and strategic expertise and OpenAI’s artificial intelligence (AI) tools and platforms to help enterprise clients realize the value of AI, the...
There’s no reason for merchants to want to communicate poorly with their vendors, yet aging payables systems can force these key interactions to be a headache. PYMNTS’ research finds that poor communication with vendors or service providers is the most-cited challenge by online marketplaces seeking...
A new study shows that nearly half of transportation and logistics companies plan on innovating their AP platforms within three years. Transportation, shipping and logistics companies have proven essential to the rise of eCommerce, particularly since the pandemic began. Amid soaring demand, these businesses recognize...
Freight and shipping have been through the wringer after supply chain snags. Routable CEO Omri Mor and Flexport Chief Financial Officer Kenny Wagers told Karen Webster that there’s a silver lining of sorts. At a high level, the pain points and snarls of the past...
December 13, 2022
Freight and shipping have been through the wringer after supply chain snags. Routable CEO Omri Mor and Flexport Chief Financial Officer Kenny Wagers told Karen Webster that there’s a silver lining of sorts. At a high level, the pain points and snarls of the past few years have changed the willingness on the part of […]
December 09, 2022
Companies must do more with less when it comes to accounts payable. “What I am seeing,” Kenneth Apple, vice president of customer success at Routable, told PYMNTS of the company’s...
November 17, 2022
With inflation near multi-decade highs, a growing number of individuals are clocking in and logging onto platforms to take advantage of the on-demand work environment. Most gig economy platforms surveyed...
October 12, 2022
Gig economy companies have long exhibited rapid growth, and payables volume, particularly, is spiking. Within the industry, 96% of companies experienced an increase in the average number of payables processed...
February 21, 2023
Bain & Company and ChatGPT creator OpenAI have formed a global services alliance. The alliance will bring together Bain & Company’s digital implementation capabilities and strategic expertise and OpenAI’s artificial intelligence (AI) tools and platforms to help enterprise clients realize the value of AI, the companies said in a Tuesday (Feb. 21) press release. “AI […]
September 28, 2022
Business payments platform Routable has expanded its capabilities, adding new features for automated invoice data entry, a press release said. The company has added Optical Character Recognition (OCR), which will...
