Today’s guest contribution was provided by the team at Corcentric. After the challenges of the past two years—and amid present economic uncertainties—chief financial officers can claim a major victory. Accounts payable teams are viewed as vital business partners at a rate twice as high compared to six years ago, with 66% of businesses saying AP [...]
November 29, 2022
Ardent Partners Analyst Team
Other
Today we continue our look at solving AP’s reliance on paper by looking at the second phase of the process: Invoice processing. The AP department is one of the last groups within many enterprises to operate using what are largely or fully-manual processes. These manually-intensive processes are more costly and take significantly more time to [...]
May 4, 2020
Ardent Partners Analyst Team
Best Practices, Process, Solutions, Technology
Smart business leaders perpetually pursue the ideal way of getting things done. To succeed, they know that they must execute a series of transformational strategies with supporting technology to optimize their specific processes, programs, and overall capabilities…and then remain open to new ways to push the envelope. Similar opportunities await forward-thinking AP leaders who pursue [...]
September 24, 2019
Philip Bartolini
Best Practices, Webinar
Basware today announced that it has terminated discussions with Tradeshift in relation to a possible offer to acquire all shares in Basware. These two leaders in the Procure-to-Pay (“P2P”) space had been in discussions for months about a possible union between the two organizations. When asked about today’s news Basware’s CEO, Vesa Tykkyläinen, told Ardent [...]
February 28, 2019
Ardent Partners Analyst Team
News, Solutions, Technology
A few weeks ago, Corcentric announced that they were combining business operations with its parent company, AmeriQuest Business Services, under the Corcentric company name (read Ardent’s initial coverage of the announcement from our P2P Technology Round-Up here). This week I was able to connect with Corcentric’s VP of Marketing, Kate Freer, and other members of [...]
April 18, 2018
Ardent Partners Analyst Team
News, Solutions, Technology
Editor’s Note: Ardent Partners is proud to announce the publication of a new report on the trends and value drivers for AP and procurement, sponsored by Corcentric, and available here (registration required). Today’s article will share some thoughts on a theme similar to that report. The science of physics is split into two branches: special [...]
September 8, 2015
Andrew Bartolini
Best Practices, Research, Solutions, Technology
Editor’s Note: Ardent Partners is proud to announce the publication of a new report on the trends and value drivers for AP and procurement, sponsored by Corcentric, and available here (registration required). Today’s article will share some thoughts on a theme similar to that report. Change is one of the few constants in the modern [...]
August 25, 2015
Andrew Bartolini
Research, Solutions, Technology
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 northeastern United States is on its third week of snow storms big enough to shutter schools for successive days. This week, for example, Massachusetts—where Ardent Partners is located—has enjoyed an additional foot of snow over yesterday and today. But enough about the weather. In this week’s news roundup, we’re visiting the Crimean Peninsula, where [...]
February 10, 2015
Andrew Bartolini
News
News in the payables world hasn’t exactly been in short supply lately. This week, there’s some good news about sustainability and business travel as well as new developments in the world of captive finance. Read on to find out more. HospitalityNet: Sustainable Business Travel on the Rise in Europe A recent Global Business Travel Association [...]
February 3, 2015
Andrew Bartolini
News