Ardent’s P2P Technology Round-Up returns today with another assortment of ePayables, P2P, and B2B payment solution provider news and updates from the past week. If you are an Accounts Payable, B2B Payments, or Spend Management solution provider and you have news to share with us, please drop us a note at editor at cporising dot com. Thanks, and enjoy!
Deem Shuts Down Expense Program, Partners with Certify
Deem, the San Francisco-based provider of business travel and expense management solutions in the cloud, plans to discontinue its Deem Expense platform within the next 18 months. Current clients of the system will be transitioned to Certify, another travel and expense management solution provider. Deem intends to focus on its business travel solution and cannot allocate resources to the expense side of operations. Deem chose Certify since it already participates in Deem’s Open Expense Alliance, and is features overlap most completely with Deem Expense. Deem will provide customer service and support for Deem Expense until customers make the transition. Certify is among the expense systems that integrate with Deem’s Work Fource travel booking and management platform, which will remain in use.
Comdata Partners with Billtrust
Earlier this week, Billtrust is a New Jersey-based provider of a cloud-based B2B payment cycle management solutions, announced that Comdata, a Tennessee-based B2B payments processor and commercial card issuer, will be joining the Billtrust Business Payments Network (BPN). Comdata is the largest commercial MasterCard issuer in North America, and has 30,000 buyer customers. Through this partnership, Comdata will give those buyers the ability to automate electronic payments to many suppliers on BPN. Suppliers that accept payments through BPN have the ability to receive fully-automated and touchless transactions in their preferred format from Comdata’s base of business buyers. BPN was rolled out by Billtrust late in 2018, and the platform helps buyers and suppliers facilitate electronic payments.
SyncFab Releases Updates to Blockchain-based Platform
Last week, SyncFab, a San Francisco-based supply chain management and procurement solution provider specializing in smart manufacturing, informed us that is has updated its Hyperledger-based Blockchain platform for manufacturing with a slew of features. Updates to the Platform include a new account team management feature that enables buyers to onboard multiple users from one supplier and also validate suppliers’ capabilities and quality. Another update includes a parts library built on the Blockchain platform that includes every part that an organization has ever ordered for easy re-ordering. The Platform now also captures user data across the enterprise to provide users with visibility into the status of various projects and requests — like purchase orders — which can be time-sensitive in a manufacturing organization.
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