News

Yes, I’m talking about the same Staples that you buy pens and copy paper from. About a month ago, Staples announced the launch of the Staples App Center, an innovative online marketplace for cloud-based business applications. The App Center makes it easy for small businesses to purchase and manage business apps all in one place. [...]

Although ADP is best known for providing payroll services, the company is playing an increasing role in the ePayables space with the ADP Procure-to-Pay (P2P) solutions. ADP has been in this space since January of 2010 through its acquisition of DO2 technologies, a provider of electronic invoicing solutions that was well-established in the oil and [...]

Concentra is a health care company that provides occupational medicine, urgent care, physical therapy, and wellness services to workers and the general public from 308 medical centers in 40 states. In addition to these medical center locations, Concentra serves employers by providing a broad range of health advisory services and operating 258 on-site medical facilities. [...]

On Oct 15, 2012 Bottomline Technologies (NASDAQ: EPAY) announced that its B2B settlement network, Paymode-X, surpassed 200,000 members that are actively exchanging electronic payment (ePayment) and remittance data. In addition to this, the company announced that Paymode-X has now expanded payment capabilities to support 23 currencies spanning more than 30 countries. The network had first [...]

2012 continues to be a big year for Basware in this quickly consolidating eInvoicing market. On Oct 5th, Basware signed an agreement to acquire the eInvoicing and network business of Certipost for €18.2MM. Certipost based in Aalst, Belgium is a subsidiary of bpost (the Belgian Post Group) and is a leading eInvoicing provider in the [...]

Today I’m going to re-visit the SMB market, which I’ve talk about before here. This segment of the market presents an extraordinary opportunity to relieve SMB’s of their paper-based (or excel-based) manual processes of getting paid, making payments and managing cash and introduce them to cloud-based automation that is affordable and built for them. We [...]

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 [...]

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, [...]

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” [...]

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 [...]