One of the more important jobs of the accounts payable professional is keeping up with what is happening in the industry at large. This is critical for a few reasons, including skills development and the hunt for new technologies, but is sometimes difficult to do. That is why, each week, the team at Payables Place [...]
July 17, 2015
Andrew Bartolini
News
One of the more important jobs of the accounts payable professional is keeping up with what is happening in the industry at large. This is critical for a few reasons, including skills development and the hunt for new technologies, but is sometimes difficult to do. That is why, each week, the team at Payables Place [...]
June 26, 2015
Andrew Bartolini
News, Solutions
The news cycle here in the U.S. has been dominated with a few stories — Hilary Clinton as the presumptive Democrat nominee for the presidential election in 2016 for one, and the trial of Boston Marathon Bomber Dzhokhar Tsarnaev for another. In the accounts payable world, however, there have also been some big moves. So [...]
April 23, 2015
Andrew Bartolini
News
We’re doing a special edition of Payables News Weekly this time around, focusing entirely on news about Basware. The Finnish commerce network had a big past few weeks, inking two brand-new partnerships not long after launching their Basware Discount offering to augment the Basware Financing Services portfolio. (We wrote about Basware Discount in Payables News [...]
March 19, 2015
Andrew Bartolini
News
Welcome to the last Payables News Weekly of February. This past week was a banner time for the accounts payable world; Basware released its latest offering in the Basware Financing Services portfolio, and now Concur users can automatically send Starbucks receipts into the expense reporting app. And, coming up this week on Payables Place, we’ll [...]
February 26, 2015
Andrew Bartolini
News
We’re trying a bit of a different format with Payables News Weekly this time around. From here on out, we’ll lead with a handful of stories big enough to warrant capsules explaining the news event and then follow those with a bulleted list of other news events from around the accounts payable world. For this [...]
January 27, 2015
Andrew Bartolini
News
For about a decade, the analysts at Ardent Partners have been researching and benchmarking technologies, processes, and performance within accounts payable including electronic or B2B payments. This is an area that has seen significant innovation in the last few years and it is clear that it is an area that will continue to see significant [...]
January 8, 2015
Andrew Bartolini
Best Practices, Solutions
[Editor’s Note: It’s almost 2015 and, to cap off 2014 in style, Payables Place will run five of the best posts from the 2014 archives. Today we kick things off with the below article, which originally appeared on August 8, and coincided with the publication of our benchmark ePayables report.] Ardent Partners recently published our annual ePayables [...]
December 29, 2014
Andrew Bartolini
Research, Technology
Enterprises around the world want to maximize working capital for a variety of reasons, not least of which includes freeing up cash from operations in order to hire new employees, pay down debt, expand into new markets, or even to provide better returns to shareholders via dividends and stock repurchases. Working capital management is thus [...]
December 19, 2014
Andrew Bartolini
Best Practices, Technology
Electronic payments offer many advantages over paying with paper check. Ardent Partners research has shown that, no matter the payment method (i.e., ACH, wire, card, networks, etc.), ePayments cost up to 75% less to process than a paper check. Add to this the realization that manual, paper-based workflows are prone to errors such as overpayments [...]
December 1, 2014
Andrew Bartolini
Best Practices, Solutions, Technology