Comdata on how to monetize B2B payments digitization, California intros cannabis banking bill, and Coupa enhances corporate spend management tools
| | | | BUSINESS-TO-BUSINESS EDITION | | Rediscovering The Value In Procure-To-Pay Digitization The phrase "digital transformation" has become a trendy one for the enterprise, particularly in areas like procure-to-pay where automation can yield efficiency and cost savings. Yet too often, large organizations are modernizing for modernizationâs sake, and according to GEP Director of AP Automation Dmitriy Lerman, losing sight of the purpose of technological adoption. He tells PYMNTS how corporates can redirect their strategies to gain the most value from the tools they embrace. |
| Open Banking/Bank-FinTech |
| Banks, FinTechs Find New Models To Mesh Their Strengths The bank-FinTech collaboration model is often about wielding digital-native FinTech solutions to fit within bank offerings. Yet this week's look at the latest tie-ups reveals new models of collaboration, including FinTechs expanding their footprint within banking, and wielding banks to fit within their own tech solutions. |
| | PODCAST: B2B Payments | | Helping CFOs Monetize The B2B Payments Digital Transformation Moving teams away from paper checks is a step on the path to B2B payments digitization, but it is only a first step, says Meitra Aycock, Comdataâs senior vice president of operations. She tells PYMNTS that chief financial officers must also consider the role that transaction data plays in supporting efficiency both within accounts payable and suppliersâ accounts receivable departments. And how virtual cards can help them monetize that digital journey. |
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