Procure-to-pay

Basware Launches E-Invoice Receiving Solution Compliant with China Fapiao Regulations

Retrieved on: 
Wednesday, March 24, 2021

Basware (Nasdaq: BAS1V) is pleased to now offer a fapiao-compliant e-invoice receiving and validation solution.

Key Points: 
  • Basware (Nasdaq: BAS1V) is pleased to now offer a fapiao-compliant e-invoice receiving and validation solution.
  • This solution eliminates the burden for AP staff and allows them to uniformly process all their invoices, regardless of country of origin.
  • The Basware solution adds China-specific functionality for the GTS validation step allowing customers to quickly and easily detect invalid invoices.
  • Basware is the only procure-to-pay and e-invoicing solution provider that empowers businesses with 100% spend visibility through 100% supplier connectivity and 100% data capture.

Medius Wins 2021 Fintech Breakthrough Award for Best Procure-to-Pay Software

Retrieved on: 
Tuesday, March 16, 2021

NEW YORK, March 16, 2021 /PRNewswire/ -- Medius, a leading global provider of cloud-based accounts payable (AP) automation and spend management solutions, today announced that the Medius Spend Management suite was awarded "Best Procure-to-Pay Software" in the 2021 Fintech Breakthrough Awards.

Key Points: 
  • NEW YORK, March 16, 2021 /PRNewswire/ -- Medius, a leading global provider of cloud-based accounts payable (AP) automation and spend management solutions, today announced that the Medius Spend Management suite was awarded "Best Procure-to-Pay Software" in the 2021 Fintech Breakthrough Awards.
  • "We are honored that our Medius Spend Management suite has been awarded the prestigious Fintech Breakthrough award," said Shannon Kreps, vice president, product marketing and communications, Medius.
  • "Medius Spend Management is well-deserving of its `Best Procure-to-Pay' win in this year's Fintech Breakthrough Awards," said James Johnson, managing director, FinTech Breakthrough.
  • "The 2021 FinTech Breakthrough Award program attracted more than 3,850 nominations from across the globe, and Medius Spend Management stood out for itsstreamlined and cloud-based modular approach, providing organizations the ability to gain more controlled and efficient spend management."

Medius Wins 2021 Fintech Breakthrough Award for Best Procure-to-Pay Software

Retrieved on: 
Tuesday, March 16, 2021

NEW YORK, March 16, 2021 /PRNewswire/ -- Medius, a leading global provider of cloud-based accounts payable (AP) automation and spend management solutions, today announced that the Medius Spend Management suite was awarded "Best Procure-to-Pay Software" in the 2021 Fintech Breakthrough Awards.

Key Points: 
  • NEW YORK, March 16, 2021 /PRNewswire/ -- Medius, a leading global provider of cloud-based accounts payable (AP) automation and spend management solutions, today announced that the Medius Spend Management suite was awarded "Best Procure-to-Pay Software" in the 2021 Fintech Breakthrough Awards.
  • "We are honored that our Medius Spend Management suite has been awarded the prestigious Fintech Breakthrough award," said Shannon Kreps, vice president, product marketing and communications, Medius.
  • "Medius Spend Management is well-deserving of its `Best Procure-to-Pay' win in this year's Fintech Breakthrough Awards," said James Johnson, managing director, FinTech Breakthrough.
  • "The 2021 FinTech Breakthrough Award program attracted more than 3,850 nominations from across the globe, and Medius Spend Management stood out for itsstreamlined and cloud-based modular approach, providing organizations the ability to gain more controlled and efficient spend management."

Nexus Pioneers a New Payments Solution for SMBs in Real Estate Space

Retrieved on: 
Tuesday, March 16, 2021

16, 2021 /PRNewswire-PRWeb/ -- Nexus , a leader in AP automation and payments for the real estate industry, has pioneered a new payments solution in partnership with WePay , the integrated payments business of JPMorgan Chase & Co., to allow SMBs to accept payment through a virtual card to simplify their payment process and improve working capital.

Key Points: 
  • 16, 2021 /PRNewswire-PRWeb/ -- Nexus , a leader in AP automation and payments for the real estate industry, has pioneered a new payments solution in partnership with WePay , the integrated payments business of JPMorgan Chase & Co., to allow SMBs to accept payment through a virtual card to simplify their payment process and improve working capital.
  • One in five of the world's largest real estate companies use the Nexus AP automation platform to pay vendors and automate accounts payable.
  • Nexus provides the fastest way for real estate companies to ditch paper checks and send secure payments to their suppliers.
  • In addition to vendor payments, Nexus also offers a full procure-to-pay solution, designed for real estate.

TIE Kinetix Helps Intratuin Achieve Next Level Procure-to-Pay Automation

Retrieved on: 
Friday, March 5, 2021

TIE Kinetix announced today that they are supporting Intratuin, a Dutch garden center and dcor franchise, in achieving next level procure-to-pay automation over an initial contract period of three years.

Key Points: 
  • TIE Kinetix announced today that they are supporting Intratuin, a Dutch garden center and dcor franchise, in achieving next level procure-to-pay automation over an initial contract period of three years.
  • Unsatisfied with an earlier attempt with one service provider, Intratuin chose TIE Kinetix to transform their operations with an EDI solution capable of helping them to achieve their end goal.
  • With a scalable platform and a core commitment to helping businesses achieve 100% supply chain digitalization, TIE Kinetix will continue to support Intratuin in their journey to procure-to-pay automation.
  • TIE Kinetix and Intratuin entered into the initial three-year agreement in 2020, with an expected value of EUR 250,000.

State of Accounts Payable Research Released for CFOs and AP Professionals Preparing Their AP Automation Plans for 2021

Retrieved on: 
Thursday, March 4, 2021

ALISO VIEJO, Calif., March 4, 2021 /PRNewswire/ -- Transcepta the leading provider of intelligent e-procurement and accounts payable (AP) automation solutionsteamed up with Ardent Partners, a research and advisory firm focused on the supply management marketplace, to release a research report and webinar aimed at helping CFOs and accounts payable (AP) professionals better plan and prepare for their AP automation needs in 2021.

Key Points: 
  • ALISO VIEJO, Calif., March 4, 2021 /PRNewswire/ -- Transcepta the leading provider of intelligent e-procurement and accounts payable (AP) automation solutionsteamed up with Ardent Partners, a research and advisory firm focused on the supply management marketplace, to release a research report and webinar aimed at helping CFOs and accounts payable (AP) professionals better plan and prepare for their AP automation needs in 2021.
  • According to survey results, the pandemic accelerated the need for businesses to automate accounts payable.
  • Ardent's annual AP Metrics That Matter report is an e-book that offers an investigation into the current state of procure-to-pay (P2P) and ePayables, providing insights into technological advancements, success drivers, and significant challenges facing accounts payable teams.
  • Of note, the report revealed that AP teams view eliminating invoice exceptions and manual processes as high priorities on their wish list.

Basware Named a Leader in IDC MarketScape Procure-to-Pay Assessment

Retrieved on: 
Tuesday, February 16, 2021

Basware (Nasdaq: BAS1V) is recognized as a Leader in the IDC MarketScape: Worldwide SaaS and Cloud-Enabled Procure-to-Pay Applications 2021 Vendor Assessment (doc #US45015519, February 2021).

Key Points: 
  • Basware (Nasdaq: BAS1V) is recognized as a Leader in the IDC MarketScape: Worldwide SaaS and Cloud-Enabled Procure-to-Pay Applications 2021 Vendor Assessment (doc #US45015519, February 2021).
  • To be included in the IDC MarketScape assessment, vendors offerings must be SaaS or cloud-enabled; meet the IDC MarketScape definition of procure-to-pay (P2P); have procurement technology that encompasses P2P; and leverage innovations in intelligent technologies.
  • Basware has once again been recognized by the IDC MarketScape as a Leader in Procure-to-Pay, said Mickey North Rizza, program vice president for IDCs Enterprise Applications and Digital Commerce research practice.
  • The IDC MarketScape recognized the extensive Basware network and its ability to connect with all suppliers regardless of sending method as strengths contributing to its position in the Leaders Category.

PAFnow Webinars show you how to increase your process efficiency with PAFnow Process Mining for 'Procure to Pay' and 'Order to Cash'

Retrieved on: 
Tuesday, February 16, 2021

We know the pain points and demands of P2P and O2C processes like no other Process Mining vendor.

Key Points: 
  • We know the pain points and demands of P2P and O2C processes like no other Process Mining vendor.
  • PAFnow P2P and O2C Content Packs are accelerators for companies who want to improve their processes fast, efficiently and reliably.
  • They are the easiest entry to Process Mining and act as a GPS on any company's process roadmap.
  • Process Mining and P2P in Power BI, Thursday, 4 March 2021
    The procure to pay cycle includes all activities in the procurement to pay process flow.

GEP Software Named A Leader In Procurement, Procure-to-Pay, Spend Analysis, Sourcing, Buy-Side Contract Life-Cycle, And Supplier Relationship Management In 6 Separate 2021 IDC MarketScapes

Retrieved on: 
Thursday, February 11, 2021

GEP SMART provides enterprises with the leading AI-powered, source-to-pay (S2P) platform encompassing spend analytics, sourcing, category management, contract management, supplier and risk management, procure-to-pay, invoice management, and savings project management unifying procurement operations to drive compliance and savings.

Key Points: 
  • GEP SMART provides enterprises with the leading AI-powered, source-to-pay (S2P) platform encompassing spend analytics, sourcing, category management, contract management, supplier and risk management, procure-to-pay, invoice management, and savings project management unifying procurement operations to drive compliance and savings.
  • GEP SOFTWARE provides award-winning digital procurement and supply chain platforms that help global enterprises become more agile, resilient, competitive and profitable.
  • GEP's software integrates quickly and easily with third-party and legacy systems, such as SAP, Oracle and all other major ERP and F&A software.
  • GEP SOFTWARE is part of Clark, NJ-based GEP the world's leading provider of procurement and supply chain strategy, software and managed services.

GEP Software Named A Leader In Procurement, Procure-to-Pay, Spend Analysis, Sourcing, Buy-Side Contract Life-Cycle, And Supplier Relationship Management In 6 Separate 2021 IDC MarketScapes

Retrieved on: 
Thursday, February 11, 2021

GEP SMART provides enterprises with the leading AI-powered, source-to-pay (S2P) platform encompassing spend analytics, sourcing, category management, contract management, supplier and risk management, procure-to-pay, invoice management, and savings project management unifying procurement operations to drive compliance and savings.

Key Points: 
  • GEP SMART provides enterprises with the leading AI-powered, source-to-pay (S2P) platform encompassing spend analytics, sourcing, category management, contract management, supplier and risk management, procure-to-pay, invoice management, and savings project management unifying procurement operations to drive compliance and savings.
  • GEP SOFTWARE provides award-winning digital procurement and supply chain platforms that help global enterprises become more agile, resilient, competitive and profitable.
  • GEP's software integrates quickly and easily with third-party and legacy systems, such as SAP, Oracle and all other major ERP and F&A software.
  • GEP SOFTWARE is part of Clark, NJ-based GEP the world's leading provider of procurement and supply chain strategy, software and managed services.