citigroup

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 [...]

Editor’s Note: With summer in full swing, many of the practitioners in the accounts payable world are taking vacations ahead of the crush of the fall months. In honor of that, the team here at Payables Place is inaugurating its “Summer Rewind” series with a pair of our favorite posts from roughly a year ago. [...]

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 [...]

In this morning’s news roundup, we touched on how 20% of the United Kingdom’s workforce is “fiddling” their business travel expenses and Visa Europe’s recent tokenization efforts among other news. Now, in this afternoon installment, we reveal some new partnerships happening across the accounts payable world and Kofax’s latest communication with London Stock Exchange shareholders. [...]

Business travel is a growing concern for the modern enterprise. Whether it’s saving on the cost of airline tickets, or trying to keep traveling employees in compliance with corporate policies, managing business travel expenses can be a massive headache. That’s why the corporate travel card can be so valuable to the typical enterprise. Read on [...]

No matter the size of the enterprise, the accounts payable team tends to be deluged with paper. Mostly in the form of invoices and/or paper checks sent to suppliers. In fact, 70% of all invoices are still paper-based, according to Ardent Partners research, which can cause significant headaches for the accounts payable team from an [...]

For more than 70 years, enterprises of all sizes have used commercial payment cards to purchase everything from airline tickets to office supplies. This flexibility has led solution providers to launch numerous card products in the intervening decades. Today, there are cards to manage corporate travel, cards for purchasing, fleet cards for transportation, ghost cards [...]

Commercial cards are an established fact of business life, with all the varieties credit card issuers provide. There are fleet cards, purchasing cards, travel cards, ONE cards, meetings cards, and even project cards. One type of commercial card that’s a bit unusual, however, is the virtual card. Like the name suggests, the virtual card is [...]