Tagged: accounts payable

AvidXchange, an AP Automation Software and Payments Solution for Middle Market Firms, Reports Steady Business Growth

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, 2024. Michael Praeger, Chief Executive Officer & Co-Founder of AvidXchange, said: “We… Read More

AvidXchange Holdings Reports Steady Business Growth

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

Fintech Trends Survey: 2024 to Center on Digital Transformation within Finance Departments, AI and Real-Time Payments a Priority

AvidXchange, a provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, today announced the recent release of a white paper titled, “2024: Anticipating Tomorrow’s Trends.” The report highlights the findings of a September 2023 survey of 500… Read More

Yokoy, the Accounts Payable Invoice Automation Firm, Recognized in Gartner’s Latest Report for 2023

Yokoy, the firm focused on Accounts Payable Invoice Automation (APIA), has been recognized in Gartner’s Hype Cycle Report for 2023, the analyst’s annual report into the maturity and benefit of emerging technologies in procurement and sourcing. Yokoy was named a sample vendor in the APIA… Read More

Fintech Platform AvidXchange Partners with AppFolio, the Tech Firm Supporting Real Estate Sector

AvidXchange, a provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, announced its partnership with AppFolio, the technology firm powering the future of the real estate industry. This partnership will provide customers in the real estate industry… Read More

MineralTree Report Parses AP Trends

MineralTree’s eighth-annual State of AP Report chronicles the effect of automation, headwinds, inflation and hybrid workplaces on AP teams. “As businesses continue to face a number of challenges and pressures, finance teams are being tasked with finding new ways to drive operating efficiencies and get… Read More

AP Automation Fintech Stampli Announces $61M Round Led by Blackstone

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

Fintech REPAY to Automate AP Payments for Public Agencies via OMNIA Partners

Repay Holdings Corporation (NASDAQ: RPAY), a provider of vertically-integrated payment solutions, announced a partnership with OMNIA Partners, the largest purchasing organization for public sector procurement, “to add REPAY’s automated accounts payable (AP) solutions to its portfolio of national supplier contracts.” Digitizing outbound vendor payments will… Read More

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

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