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…
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,…
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…
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…
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…
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…
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…
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…
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…
Thursday afternoon, global software provider SAP AG (NYSE – SAP) announced its intent to purchase Seattle-based travel, expense and invoice management solution provider Concur (Nasdaq - CNQR) for approximately $8.3 billion (based upon the announced acquisition…