Blockchain Takes the ‘Commodity’ Out of BaaS | Smartbots Now Answer AR/AP Emails | Two-Thirds of Firms Have AP Refresh on 2023 Agenda

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AP Automation

Two-Thirds of Firms Plan to Automate Routine AP Tasks in Next 12 Months

Eleven percent of firms are currently innovating their AP systems and another 58% plan to start doing so within 12 months, according to “ERP Solutions in B2B Payments,” a PYMNTS and American Express collaboration.

Accounts Payable

Automation Solves Primary Pain Point for 70% of SaaS Firms

A PYMNTS survey of 225 SaaS firm executives for “The Financial Performance Quandary: Leveraging Automation To Better Manage Non-Payroll Spending” found that lackluster visibility and control over non-payroll spending is a key business challenge — one that automation is primed to solve.

With Blockchain, Banking-as-a-Service Leaps From Commodity to Capital Access On-Ramp

Figure Technologies CEO Mike Cagney tells Karen Webster that BaaS can do more than enable digital checking and savings accounts. With the right technologies in place (including blockchain) community banking relationships can be expanded to ease fledgling businesses’ access to capital.

What's Hot

Payoneer Adds First Chief Platform Officer, Forms New Division

Auditoria.AI Introduces Smartbots to Manage AP, AR Email Inboxes

iControl, MarginEdge Team on B2B Alcohol Payments

FedEx: Deteriorating Economy Drove 11% Drop in Package, Freight Volume

Fondy Integrates With ClearBank to Provide eCommerce Merchants Faster Payments, More Control

Best Of Yesterday

Group of 9 Banks Pitches USDF Token as Stablecoin Alternative for Businesses

37% of FIs Still Struggling to Solve SMBs’ Cross-Border Payment Woes

The Frenzy to Digitize Must Not Eclipse Business Fundamentals, Says PayU CFO

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