Accounts payable

Airbase Launches Advanced Spend Analytics and Vendor Management for Underserved Mid-Market and Larger Organizations

Retrieved on: 
Martedì, Giugno 11, 2024

Airbase , a leader in procure-to-pay solutions for mid-market and larger organizations, today announced the launch of its spend analytics and enhanced vendor management capabilities.

Key Points: 
  • Airbase , a leader in procure-to-pay solutions for mid-market and larger organizations, today announced the launch of its spend analytics and enhanced vendor management capabilities.
  • Improved Vendor Relationships: Streamlines vendor onboarding, automates invoice processing, and improves risk management, ensuring compliance and fostering strong vendor relationships.
  • Vendor Management: Provides a comprehensive view of vendor performance and risk, ensuring compliance and fostering strong, strategic vendor relationships.
  • For more information about Airbase’s spend analytics and vendor management capabilities, please visit https://www.airbase.com

Celonis Brings Process Intelligence to Every Part of the Enterprise with Multiple Platform Enhancements and New AI-enabled Features

Retrieved on: 
Martedì, Giugno 4, 2024

Celonis , the global leader in Process Mining and Process Intelligence , today announced multiple product enhancements and AI-enabled features during its online Celonis:Next event.

Key Points: 
  • Celonis , the global leader in Process Mining and Process Intelligence , today announced multiple product enhancements and AI-enabled features during its online Celonis:Next event.
  • Process Intelligence (PI) is critical for organizations to generate value from their business operations and tech investments, especially artificial intelligence (AI).
  • Launched at Celosphere 2023 , the Process Intelligence Graph (PI Graph) sits at the heart of the Celonis platform.
  • Emporix Orchestration Engine : An intelligent process orchestration engine that leverages Celonis' Process Intelligence to automate processes end-to-end in real time.

Vic.ai Introduces Superior Performance Analytics for Accounts Payable Teams and Finance Leaders

Retrieved on: 
Giovedì, Maggio 23, 2024

NEW YORK, May 23, 2024 (GLOBE NEWSWIRE) -- Vic.ai , the leading autonomous finance platform, today debuts three new analytics packages tailored for the needs of Accounts Payable (AP) professionals and finance leaders.

Key Points: 
  • NEW YORK, May 23, 2024 (GLOBE NEWSWIRE) -- Vic.ai , the leading autonomous finance platform, today debuts three new analytics packages tailored for the needs of Accounts Payable (AP) professionals and finance leaders.
  • "Our new analytics packages harness the transformative power of AI to bring unprecedented transparency and efficiency to accounting processes.
  • Each package is designed to support customers along their autonomous finance journey:
    Standard Analytics: Customers can measure the performance of their Vic.ai implementation and track AI learning and improvement over time.
  • Premium Analytics: This tier includes everything in Advanced Analytics, as well as speed and velocity metrics to accelerate business performance and workflows.

Zycus Unleashes Next-Generation Procurement Power with GenAI Innovations at Horizon 2024

Retrieved on: 
Lunedì, Maggio 20, 2024

Zycus, the pioneer in Generative AI-powered Source-to-Pay solutions , ignited a wave of innovation at its annual procurement conference, Horizon 2024.

Key Points: 
  • Zycus, the pioneer in Generative AI-powered Source-to-Pay solutions , ignited a wave of innovation at its annual procurement conference, Horizon 2024.
  • The event showcased a groundbreaking suite of GenAI advancements designed to elevate automation, intelligence, and efficiency throughout the Source-to-Pay (S2P) process.
  • "Zycus' Merlin GenAI addresses critical pain points across the S2P process, surpassing basic automation like invoice processing or user assignment," said the Head of Indirect Procurement of a Global 500 company at Horizon.
  • Horizon 2024 served as a powerful platform for Zycus to demonstrate its leadership in GenAI-powered procurement solutions, empowering businesses with significant efficiency gains, agility, cost savings, and a competitive advantage.

xSuite Group expands SAP solution portfolio through acquisition of tangro

Retrieved on: 
Giovedì, Maggio 16, 2024

The acquisition enables xSuite to expand its range of offerings in the Order-to-Cash area and enhance its expertise in Purchase-to-Pay processes.

Key Points: 
  • The acquisition enables xSuite to expand its range of offerings in the Order-to-Cash area and enhance its expertise in Purchase-to-Pay processes.
  • Together, xSuite and tangro can offer the most advanced solutions that seamlessly integrate into the SAP landscape, thus decisively driving the digital transformation of business processes.
  • The new partnership creates a strong strategic location for the xSuite Group in Southern Germany, where tangro employees will contribute their high technical expertise.
  • "The acquisition of tangro is an important step for us to strategically expand our solution offering and further strengthen our position as a leading provider in the field of digital business process management," adds Matthias Lemenkühler, CEO of xSuite Group.

Total Economic Impact Study Quantifies Value of Next-gen Procure-to-Pay Software

Retrieved on: 
Martedì, Maggio 14, 2024

Airbase , the innovators in spend orchestration for the mid-market, today unveiled the findings from its latest commissioned Total Economic Impact™ (TEI) study conducted by Forrester Consulting.

Key Points: 
  • Airbase , the innovators in spend orchestration for the mid-market, today unveiled the findings from its latest commissioned Total Economic Impact™ (TEI) study conducted by Forrester Consulting.
  • Forrester used an analytical model to assess the value that Airbase provides, based on a comprehensive evaluation of a customer using the full Airbase platform.
  • The Forrester study quantifies these benefits, showcasing an impactful net present value (NPV) of $715K and detailing significant gains in operational efficiency and compliance.
  • Further Information and Study Access:
    For full details of the Total Economic Impact™ of Airbase and to explore the in-depth benefits of Airbase’s procure-to-pay solutions, please visit Airbase’s TEI study download page .

Unanet Delivers New Financial and Accounting Tools For its ERP Customers

Retrieved on: 
Giovedì, Maggio 9, 2024

DULLES, Va., May 9, 2024 /PRNewswire/ -- Unanet, the leading provider of project-based enterprise resource planning (ERP) and customer relationship management (CRM) solutions for the government contracting (GovCon) and architecture, engineering, and construction (AEC) industries, today unveiled a set of AI-powered financial automation innovations within its award-winning ERP solutions.

Key Points: 
  • Just as important for customers, Unanet developed these capabilities as user-friendly and seamless experiences within its ERP systems.
  • These new solutions will dramatically improve the overall health and financial well-being of our customers' businesses," said Assad Jarrahian, Chief Product Officer for Unanet.
  • "Best of all, these features are designed by Unanet, and work seamlessly within the familiar Unanet ERP environment."
  • The innovations to Unanet ERP change that dynamic, empowering firms to:
    Bolster strategic planning with more accurate, real-time data

Saratoga Investment Corp. Announces Fiscal Year-End and Fourth Quarter 2024 Financial Results

Retrieved on: 
Lunedì, Maggio 6, 2024

Since Saratoga Investment took over the management of the BDC, $917.0 million of repayments and sales of investments originated by Saratoga Investment have generated a gross unlevered IRR of 15.7%.

Key Points: 
  • Since Saratoga Investment took over the management of the BDC, $917.0 million of repayments and sales of investments originated by Saratoga Investment have generated a gross unlevered IRR of 15.7%.
  • As compared to the quarter ended November 30, 2023, total investment income grew by $0.9 million, or 2.5%, from $36.3 million.
  • Net investment income on a weighted average per share basis was $4.49 and $0.94 for the year and quarter ended February 29, 2024.
  • On February 15, 2024, Saratoga Investment announced that its Board of Directors declared a quarterly dividend of $0.73 per share for the fiscal quarter ended February 29, 2024, paid on March 28, 2024, to all stockholders of record at the close of business on March 13, 2024.

Square 9 Shines in TrustRadius' Top-Rated Awards Earning Recognition Across 8 Categories

Retrieved on: 
Mercoledì, Maggio 8, 2024

NEW HAVEN, Conn., May 8, 2024 /PRNewswire-PRWeb/ -- Square 9 Softworks, a leading provider of AI-powered Intelligent Information Management solutions, continues its streak of strong customer recognition by earning TrustRadius' 2024 Top Rated award in 8 categories. Based on real customer reviews, the TrustRadius Top Rated Awards serve as an unbiased indicator for outstanding technology products in the B2B space.

Key Points: 
  • NEW HAVEN, Conn., May 8, 2024 /PRNewswire-PRWeb/ -- Square 9 Softworks , a leading provider of AI-powered Intelligent Information Management solutions, continues its streak of strong customer recognition by earning TrustRadius' 2024 Top Rated award in 8 categories.
  • Based on real customer reviews, the TrustRadius Top Rated Awards serve as an unbiased indicator for outstanding technology products in the B2B space.
  • "I am thrilled to honor Square 9 Softworks with a TrustRadius Top Rated Award," Says Allyson Havner, Senior Vice President of Marketing at TrustRadius. "
  • To find out more about Square 9, its offerings, and what real solution users have to say, visit the Square 9 TrustRadius page.

TranscendAP Launches as New Venture to Deliver AI-Powered Accounts Payable Automation Solutions to Growing Enterprises

Retrieved on: 
Mercoledì, Maggio 8, 2024

LAWRENCEVILLE, N.J., May 8, 2024 /PRNewswire-PRWeb/ -- TranscendAP, Inc., a specialist in accounts payable (AP) automation solutions, today announced that it is operating as a newly formed company. Formerly a business unit of Optima Global Solutions, TranscendAP has supported an array of mid-market to large enterprises since 2018, automating all aspects of their AP operations with its software.

Key Points: 
  • LAWRENCEVILLE, N.J., May 8, 2024 /PRNewswire-PRWeb/ -- TranscendAP, Inc., a specialist in accounts payable (AP) automation solutions, today announced that it is operating as a newly formed company.
  • - Jeff Weinstein, Co-Founder and CEO
    The new TranscendAP and its namesake technology platform will build on the proven success of delivering AP automation solutions.
  • The latest version of TranscendAP integrates artificial intelligence, machine learning, and extensive functionality that drives team efficiency and cost effectiveness.
  • Through this success, Optima Global Solutions teamed with Jeff to launch TranscendAP as a new venture to focus on addressing the growing needs of the AP automation market.