Saturday 17th February 2018,
Payables Place

News

Concur Broadens its Reach in the Mid-Market

Concur Broadens its Reach in the Mid-Market

Most people know Concur as a leading provider of travel and expense management solutions. However, for some time now, they have been offering a solution that allows clients to manage inbound invoices and pay them. The offering includes eInvoicing capabilities, scan and capture services, a self-service supplier portal and payment processing and execution. Now, all [...]

July 12, 2012 Vishal News 1

Bank of America Continues to Expand ePayables Offering

Bank of America Continues to Expand ePayables Offering

Following the most recent addition to the Bank of America Merrill Lynch (BAML) ePayables offering, I had a chance to have a chat with Samridhi Sarin, Director, Senior Product Manager of ePayables at BAML. The announcement was the launch of a new feature called exact auth override. This feature, which may sound technical and complicated, [...]

July 10, 2012 Vishal News 0

American Express Aims to PAYVE ® the Path to Electronic Payments

American Express Aims to PAYVE ® the Path to Electronic Payments

Introducing PAYVE®, a new digital payment service from American Express Earlier this year, I wrote a report that predicted the top ten things that will shape the AP market in 2012 and yes, you guessed it, one of the predictions was that 2012 has a very good chance of becoming ‘The Year of Electronic Payments” [...]

July 6, 2012 Vishal News 0

Opening Day – Welcome to Payables Place

Opening Day – Welcome to Payables Place

Let the games begin! Welcome to Payables Place, the site where the research team at Ardent Partners will share its research, analysis, and ideas on the world of accounts payable (and procure-to-pay) processes, strategies and technologies. More specifically, this new site will cover the important news items and announcements in the ePayables marketplace, offer commentary [...]

June 18, 2012 Vishal News 0

Iron Mountain Joins the AP Automation Game

Iron Mountain Joins the AP Automation Game

With IFO’s Fusion Conference underway in Nashville, I was sure that there would be some newsworthy activity and I was not wrong. On May 14th, Iron Mountain (NYSE:IRM) the information management company announced a new AP automation solution (Iron Mountain Electronic Invoice). The solution/service digitizes paper invoices and allows customers access to an online tool [...]

May 25, 2012 Vishal News 0

Lexmark International Acquires Brainware

Lexmark International Acquires Brainware

On March 5th, 2012, Lexmark International announced the acquisition of Brainware for $148 million; the company will join a Lexmark subsidiary, Perceptive Software. Perceptive is a provider of enterprise content management and business process management solutions (including imaging and workflow solutions), the company was acquired by Lexmark in 2010. Brainware is a provider of intelligent [...]

March 17, 2012 Vishal News 0

Basware’s New Alusta Platform

Basware’s New Alusta Platform

On February 29th, 2012 Basware introduced its new cloud-based platform called Alusta (meaning ‘platform’ in Finnish) to the market. Basware was already one of the major providers of eInvoicing and procure-to-pay (P2P) solutions and with this new highly scalable and flexible cloud-based platform they are likely to cause a stir in the market. This new [...]

March 14, 2012 Vishal News 1

Mobile Capture for AP – It’s Real

Mobile Capture for AP – It’s Real

In January of 2012, Kofax introduced Kofax Mobile Capture. This came approximately a month after Kofax announced a minority investment ($500K) in MobiFlex Inc, a mobile app specialist. Kofax Mobile Capture through the use of apps will allow customers to use the cameras from smart phones and tablets to capture the image of a document. [...]

February 15, 2012 Vishal News 1

Basware Expands Its Open Network with German Acquisition

Basware Expands Its Open Network with German Acquisition

On January 17, 2012, Basware kicked off the New Year by announcing that it had acquired First Businesspost GmbH (“1stbp”)for €12.2 million, which includes assumption of the company’s debt (€ 3.2 million). Before we get into an analysis of the deal, here are some key figures for 1stbp in the year ended 2011: Revenues: €2.4 [...]

February 2, 2012 Vishal News 1

Voulez-Vous eInvoice? Ariba Buys b-process

Voulez-Vous eInvoice? Ariba Buys b-process

Ariba (NASDAQ:ARBA), a cloud-based provider of collaborative commerce solutions, announced the acquisition of b-process in October 2011. The acquisition, for approximately €35 million in cash, allows Ariba to further expand its global footprint for eInvoicing solutions. b-process, a privately-held French company, is an electronic invoicing service provider, which offers certified VAT and regulatory compliant eInvoicing [...]

January 5, 2012 Vishal News 0