What are Virtual Payment Cards?
It’s a safe bet that commercial cards are, if not common knowledge, then at least easily recognizable in the business world. The venerable purchasing card (p-card) has existed since the…
Which Commercial Card is Right for You?
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…
Ariba Pay, Compliance, and Complex Spend: The Past Two Weeks of Payables Analysis
We covered a lot of ground on Payables Place in the past two weeks; from travel and expense management goals, through the CFO’s viewpoint on the travel and expense market,…
The Compliance Management Checklist, Part I
Welcome to the first article in a five-part series that will focus on how procurement, finance, and other professionals effectively build a “compliance management” checklist that addresses multiple avenues of…
Basware Pay Offers New Method to Counteract Late Payments
For many years, payment systems existed as an afterthought for other ePayables (accounts payable automation) systems. That all changed in the last few years, with more and more AP-driven RFPs…
Esker Wants to Take Over the Procure-to-Pay World
The disconnected nature of many enterprise systems is a persistent challenge in the procure-to-pay (P2P) process automation world. Accounts payable runs through one system or maybe a backend ERP server…
AribaPay Looks to Simplify, Improve B2B ePayments
It’s an acknowledged fact that ePayments are more efficient, faster, and less prone to fraud than paper checks. However, as we’ve said numerous times, one of the biggest problems with…
The Significance of Complex Spend Management
Around these parts, the phrase “complex spend management” is tossed around frequently when discussing how the modern executive should develop their global programs and strategies. Today’s Payables Place article is an overview…
Softpro Acquisition Latest Bright Star in Kofax Constellation
In its third acquisition in less than two years, Kofax (NASDAQ: KFX; LSE: KFX) announced on September 2 that it had purchased Softpro GmbH, a provider of eSignature verification software, for $34.7…
Traxpay Raises $15 Million Series B Funding; Inks MasterCard Partnership
B2B ePayments provider Traxpay announced today the close of a $15 million Series B funding round. The reportedly oversubscribed round included Software AG and banking powerhouse Commerzbank; early investors also…