Today in B2B payments, UpstartWorks talks the pains of marketplace AR, and Hatch launches neobanking services for small businesses. Plus, GaleForce discusses AP modernization for indie ad agencies, Kofax rolled out its new AP offering and Paya enhances eInvoicing for Sage.
Media buying involves a complex accounts payable process, but for independent advertising agencies, the resources needed to ensure payment accuracy and promote strong working capital are few and far between. GaleForce Digital Technologies Chief Operating Officer Erin Labrato discusses the opportunity for AP automation to ease friction and drive modernization across the industry.
Business automation software provider Kofax launched the newest iteration of its artificial intelligence (AI)-fueled Kofax AP Agility software, which has features to “digitally transform” accounts payable (AP) workflows, according to a Tuesday (April 13) announcement. The release of Kofax AP Agility comes with functionalities like pre-constructed enterprise resource planning (ERP) software connectors.
Paya, Sage’s U.S. preferred payments partner, launched bolstered digital invoicing functionalities for Sage 100 and Cloud EMV acceptance for Sage Intacct, according to a Tuesday (April 13) announcement. Sage Vice President of Business Development Dewey Forrester said in the announcement that the new releases signify “another major step forward for users of both Sage 100 and Sage Intacct.”
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