Tagged: accounts payable

Fintech Firm Brex Launches Payables, an AI-enabled Accounts Payable (AP) Solution

Brex, which claims to be the first fully unified global spend platform, launched Brex payables — an AI-enabled Accounts Payable (AP) solution, “combining enhanced bill pay capabilities and purchase cards.” Brex payables offers the controls “required by an AP team to manage procurement spend seamlessly… Read More

Bluevine Introduces Accounts Payable Solution to Address SMB Pain Points

Bluevine, the provider of small business banking solutions, announced the launch of its new accounts payable (AP) offering to help business owners and their teams simplify business payments management from within their Bluevine Business Checking accounts. With accounts payable through Bluevine, business owners can now… Read More

AvidXchange, a Provider of Accounts Payable Automation Software, Releases Environmental, Social and Governance (ESG) Report

AvidXchange Holdings, Inc. (Nasdaq: AVDX), a provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers,  released its 2022 Environmental, Social and Governance (ESG) Report. This report “highlights the company’s commitments to ESG, how these commitments tie back… Read More

AvidXchange Holdings, a Provider of Accounts Payable Automation Software Solutions, Announced Lien Waiver Management for TimberScan

AvidXchange Holdings, Inc. (Nasdaq: AVDX), a provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, announced Lien Waiver Management for TimberScan, a premium feature embedded in AvidXchange’s full purchase-to-pay solution with a seamless Sage 300 CRE integration…. Read More

Accounts Payable Automation Fintech Paymerang Acquires KwikTag, Sypht

Paymerang, LLC, an innovator in accounts payable automation, announced the asset acquisition of KwikTag, an invoice automation provider for Microsoft Dynamics ERP systems, and the share acquisition of Sypht, an Australia-based AI data platform. The acquisition was completed on April 3, 2023. This is the… Read More

AvidXchange Announces Partnership with KeyStone by Corelation, the Core Processor for Credit Unions

AvidXchange Holdings, Inc. (Nasdaq: AVDX), a provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, announced its referral partnership with KeyStone by Corelation Inc., the core processor for today’s credit union. This allows AvidXchange to offer AvidAscend,… Read More

AvidXchange Introduces AvidAnalytics, a Business Intelligence Tool for the Middle Market

AvidXchange (Nasdaq: AVDX), a provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, announced AvidAnalytics, a premium Business Intelligence (BI) solution. AvidAnalytics offers buyer customers custom reporting methods “to help improve spend management and drive stronger results… Read More

Finastra, Veem to Provide Banks with Digital AP, AR Solutions

Veem, an accounts receivable (AR) and accounts payable (AP) network for small and medium-sized businesses (SMBs), announced a partnership with Finastra, a global provider of financial services software applications and marketplaces, “to offer business payments via a native integration with Finastra’s Fusion Digital Banking Platform.”… Read More

AvidXchange Expands Capabilities with Launch of Cross-Border Payments

AvidXchange (Nasdaq: AVDX), a provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, announced the launch of cross-border payments (CBP). The embedded payment experience will be “available first to Oracle NetSuite customers and accessible in AvidXchange’s newly… Read More

Payhawk to Offer UK Firms a Choice between VISA Business Credit and Debit Cards

Payhawk, the “fast-growing” spend management platform combining company cards, reimbursable expenses, and accounts payable in one solution, recently announced the launch of a business credit card in the UK. This new release “follows its launch of credit cards for US businesses in September this year,… Read More

Payment Delays, Reconciliation Issues are Key Challenges Due to Supply Chain Disruptions: Accounts Payment (AP) Report

MineralTree, a Global Payments (NYSE: GPN) company and Accounts Payable (AP) and payment automation solution provider, recently released its seventh annual State of AP report. For the first time ever, MineralTree expanded its research “to include suppliers, reflecting the growing importance of vendor relationships to… Read More

Paystand Acquires Yaydoo to Establish B2B Receivables, Payables, Payments Network

Paystand, the provider of blockchain-enabled accounts receivable and B2B payments, announced the acquisition of Yaydoo, a firm focused on accounts payable, cash flow management, and liquidity solutions in Mexico and LATAM. The deal represents “one of the biggest technology unions in Mexico and LATAM and… Read More

AvidXchange Teams Up with MDT, Expands Invoice-to-Pay Solution for Credit Unions

AvidXchange Holdings, Inc. (Nasdaq: AVDX), a provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, announced a referral partnership with Member Driven Technologies (MDT), a credit union service organization. MDT hosts the Episys® core platform from Symitar®… Read More

Capital One Business, Melio Introduce Accounts Payable Solution for SMBs

Melio, a B2B payments platform for small businesses, announced the launch of a “fully integrated” accounts payable solution with Capital One Business. This strategic partnership will “enable Capital One small business cardholders to pay their vendors and suppliers with a card – even if they… Read More

Intelligent Accounts Payable Platform Glean AI Secures $10.8M via Seed Round

Glean AI, the intelligent accounts payable firm, has secured $10.8 million in seed financing from Contour Venture Partners (lead investor), Amex Ventures, Infinity Ventures, B Capital Group, Portage Ventures, Parameter Ventures, and several other venture funds and angel investors. The proceeds from the investment round… Read More

Financial Services Firm Melio Shares Ways that Online Accounts Payable Can Streamline Business Processes

Fintech firm Melio has shared ways that online accounts payable tools can make life a lot easier. The Melio team writes in a blog post that most of us set out on an independent career path because we may have a “passion for our field… Read More

Pandemic Driving Accounts Payable Automation: Mineral Tree Report

Accounts payable and payment automation solutions provider MineralTree’s sixth annual State of Accounts Payable (AP) report details some of the effects the COVID-19 pandemic has had on business. COVID-19, remote work mandates, and supply chain dependencies all helped accelerate the digitization of businesses, especially in… Read More

Global Business Payments Company Fleetcor Announces Acquisition of Accounts Payable Cloud Software Platform Roger

  FLEETCOR Technologies, Inc. (NYSE: FLT), a global business payments company, announced on Thursday it has acquired Roger, a global accounts payable (AP) cloud software platform for small businesses. FLEETCOR reported that the acquisition will extend its portfolio of accounts payable automation solutions to small… Read More

AvidXChange Continues Growth With Additional New Leaders Across product, Treasury, & Operations Teams

AvidXchange, a U.S. fintech that provides accounts payable and automated payment solutions to midsize businesses, announced on Tuesday it has continued its growth and development by appointing four new leaders across its product, treasury and operations teams. AvidXchange shared that John Feldman joins as Senior Vice… Read More

AvidXchange Introduces “Boost you Business” Program to Help Companies Cost-Effectively Automate AP

AvidXchange, a U.S. fintech that provides accounts payable and automated payment solutions to midsize businesses, announced on Tuesday the launch of its “Boost your Business” Program, which was created to help more companies quickly and cost-effectively automate their AP. The program notably helps businesses transition to… Read More

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