Tagged: accounts payable automation

October 4, 2023 @ 7:35 pm By Omar Faridi  |  

Stampli, a key player focused on AI-powered accounts payable automation, today announced that it has raised $61 million in a Series D venture funding round “led by funds managed by Blackstone, with the participation of existing investors Insight Partners, SignalFire, Bloomberg Beta, and NextWorld Capital.”… Read More

June 12, 2023 @ 9:29 pm By Omar Faridi  |  

Medius, a provider of accounts payable (AP) automation, announced its intent to acquire expense management software company Expensya for an undisclosed sum. Founded in Tunisia in 2014 by former Microsoft software engineers Karim Jouini and Jihed Othmani, Expensya’s web, mobile and smart payment-card solutions “automate… Read More

May 11, 2023 @ 8:16 pm By Omar Faridi  |  

AvidXchange Holdings, Inc. (Nasdaq: AVDX), a provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, announced financial results for the first quarter ended March 31, 2023. Michael Praeger, CEO & Co-Founder of AvidXchange. “We are off to… Read More

August 19, 2022 @ 8:35 am By Omar Faridi  |  

Lightyear, the Purchasing and Accounts Payable automation software app, recently announced the launch of an improved Advanced Reporting engine. The Advanced Reporting engine has redesigned the Archive from the ground up, offering a more seamless user interface (UI) that enable accounting and finance teams to… Read More