Andrew Bartolini, Author at Payables Place

Payables News Weekly: AvidXchange Grows; Ocean Shippers Try Creating eInvoicing Standards

By Andrew Bartolini November 25, 2014NewsNo Comments

Interesting news proliferated last week, but especially so in Asia in terms of the financial world. The People’s Bank of China cut interest rates to 5.6% in response to worsening…

Business Networks and ePayments: Transforming the B2B Commerce Landscape

By Andrew Bartolini November 24, 2014Best Practices, Solutions, TechnologyNo Comments

The world of business-to-business (B2B) commerce changes constantly; the current climate for enterprises at all levels is no different. Ever-increasing globalization and technology innovation, as well as the quickening speed…

What Does the Future Hold for AP Automation?

By Andrew Bartolini November 19, 2014Best Practices, ResearchNo Comments

For many enterprises, the accounts payable (AP) function is one of the last bastions of manual processes. Invoices in these organizations are still approved by hand, with paper checks sent…

Payables News Weekly: Password Eradication and Starbucks Possibly Entering Mobile Payments

By Andrew Bartolini November 18, 2014NewsNo Comments

The past week has seen much in terms of news interesting to accounts payable and financial operations professionals. Today, for example, we find out that Japan has sunk back into…

Compliance Management and a Payments System Shutdown: What You May Have Missed on Payables Place

By Andrew Bartolini November 14, 2014NewsNo Comments

Welcome to another edition of the biweekly roundup of Payables Place articles, devised to recognize that not everyone will catch our news and thought pieces on the day it launches.…

A Lesson in Financial Risk from the Bank of England’s Payments Collapse

By Andrew Bartolini November 12, 2014Best Practices, NewsNo Comments

On October 20, the Bank of England’s Real-Time Gross Settlement (RTGS) system was halted for roughly 10 hours. From 6 am to 3:30 pm London time, absolutely no interbank or…

Payables News Weekly: Europe Simplifies Bank Accounts, Africa Looks for Factoring, and More

By Andrew Bartolini November 11, 2014NewsNo Comments

Today is Veterans Day in the U.S., Remembrance Day in the U.K and Canada, and Armistice Day in France and other nations—the day when we honor the signing of the…

How Virtual Payment Cards Can Help Optimize Working Capital

By Andrew Bartolini November 10, 2014Best Practices, TechnologyNo Comments

The working capital optimization process is a critical challenge for the modern enterprise. This is no surprise as the working capital management workflow involves a delicate balance between holding onto…

3 Ways Suppliers Benefit from Virtual Payment Cards

By Andrew Bartolini November 5, 2014Best Practices, Process, SolutionsNo Comments

The benefits that virtual payment cards provide to buyers are expressed quite well in vendor marketing materials, as well as in several previous articles here at Payables Place. What’s not…

Payables News Weekly: Concur and Rogue Travelers, China and Payments, and Chip-Based Cards’ Security Promise

By Andrew Bartolini November 4, 2014NewsNo Comments

Candy has been handed out to costumed children, the jack-o-lanterns have been thrown away, and Halloween is over for another year. The next holiday, here in the U.S. at least,…