ACH

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 [...]

Following our series on trends in accounts payable, Payables Place is going to take a look at predictions for the future of the AP function. Today’s installment, the first of four, will take a look at why electronic payment methods will become the default for enterprises of all sizes in the near future. Business-to-business (B2B) [...]

The last phase of the AP process is the scheduling, processing and execution of an invoice payment. In the US, paper checks are still dominant as a payment format; however, this is shifting rapidly. The migration from paper checks to electronic payments (e.g., ACH, card, wire transfer, etc.) is a trend that is only going [...]

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” [...]