| Process Mining Goes After The B2B Payments Bottlenecks Artificial intelligence, machine learning and automation technologies are instrumental in identifying bottlenecks in accounts payable and accounts receivable workflows. But in the age of COVID-19, Celonis Vice President Jan Philipp Thomsen says thatâs no longer enough to support working capital optimization. He tells PYMNTS about the opportunity for process mining to automatically implement workflow adjustments to improve B2B payment strategies and buyer-supplier relationships. |
| AR-AP Link To Ease Cash Flow, Strengthen Buyer-Supplier Relations As calls to address the growing delayed B2B payments problem grow louder, FinTech finds itself in a position to be able to sit in between buyer-supplier transactions and deepen connectivity between accounts payable and accounts receivable. The result is healthier cash flows for both sides of the transaction. |
| | Virtual Corporate Cards | | Visa, Conferma Pay, Make Corporate 'On The Go' Card Spend Tap And Pay Tap to pay has come to virtual corporate cards. Conferma Payâs new partnership with Visa makes it possible for companies to use virtual cards provisioned to their employees Apple Pay and Google Pay accounts to manage, track and reconcile their âon the goâ expenses in real time. Conferma Pay CEO Simon Barker tells Karen Webster that its virtual card platform easily integrates with existing spend management platforms to help companies manage spend before it is spent â now critical in the age of the distributed workforce. |
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