The accounts payable world became a little more consolidated this week, with AvidXchange making its second acquisition in less than a year. Also this past week, NACHA announced the approval of a new proposal for same-day payments and Corcentric inked a partnership deal with Nvoicepay. Read on to find out more about all the important [...]
May 21, 2015
Andrew Bartolini
News
The world of accounts payable (AP) is shifting. A mere 15 years ago, the function mostly concerned itself with processing paper invoices. Today, paper invoices are still prevalent, but technology solutions to automate the AP workflow are becoming increasingly feature-rich and widespread in footprint as enterprises realize the cost-savings to be had from automating accounts [...]
May 15, 2015
Andrew Bartolini
Best Practices
Between the reasons to implement scan-and-capture invoicing and a discussion of trends in accounts payable (AP), there has been substantial ground covered at Payables Place these past few weeks. If you happened to miss any of the great analysis pieces covered since early April, collected below are all the articles that are sure to educate [...]
May 1, 2015
Andrew Bartolini
Best Practices, Solutions
It’s been a relatively big news week for the accounts payable industry. News of China opening up its payments market to foreign competition is perhaps some of the biggest news, with the revelation that Amazon launched its business-to-business commerce engine a close second. Also, SAP’s Concur has made its flagship TripIt™ app is available on [...]
April 30, 2015
Andrew Bartolini
News
There wasn’t really any explosive news to come out of the payables world this past week—really just a few news items to pass along. For one, the former CEO of ReadSoft has moved over to Medius post the Lexmark acquisition, and PrimeRevenue gains a new partner in a Detroit-based supply chain finance solution provider. But [...]
April 2, 2015
Andrew Bartolini
News
Some years ago, the data capture market consisted of companies such as Kofax, Brainware, Captaris, DataCap, and Captiva, among others. Some of the companies in the space were sizable, many were small, but almost all were independent companies focused specifically on data capture. The current market has changed quite a bit with many of the [...]
July 24, 2012
Andrew Bartolini
Process, Technology
This can be a noisy and complicated market to understand, so at Ardent we created this visual representation which is based on our ePayables Framework that is discussed here in more detail. Using the three major phases of the AP process as the basis for the categorization, solution providers fall within or across the phases [...]
July 3, 2012
Andrew Bartolini
Research, Technology