March 14, 2023 by WEX Corporate
Accounts payable: savings, rebates, and security with digital payments It doesn’t take much to imagine the advantages of truly seamless processes. In the company finance arena, the benefits of more efficient use of resources are probably the most obvious. When...
June 24, 2019 by WEX Corporate Payments
The operational benefits of automating the procure-to-pay (P2P) lifecycle are proven and compelling. Procure-to-pay organizations with a high level of automation process invoices cheaper, faster, more accurately, and with greater transparency than their peers with little or no automation. Businesses...
June 10, 2019 by WEX Corporate Payments
After years of false starts, businesses are pushing hard to automate payments to their suppliers. Over the next three years, according to Mastercard research accounts payable leaders plan to significantly reduce the percentage of payments they make to suppliers using...
May 24, 2019 by WEX Corporate Payments
Businesses of all sizes have made automating the procure-to-pay (P2P) lifecycle – from purchase order requisition through payment settlement – a priority, according to research from Levvel. Compared to piecemeal solutions that automate only part of the procure-to-pay process –...
May 13, 2019 by WEX Corporate Payments
An urban legend. A myth. Wishful thinking. Fake news. Whatever you call it, the notion that suppliers won’t accept electronic payments from their customers couldn’t be further from the truth. In fact, the percentage of payments that U.S. businesses make...
April 29, 2019 by Bob Sneed
The digitization of corporate payments is creating a new challenge for businesses: how to optimize payments to suppliers, regardless of whether the payment is made via commercial card, ACH, EFT or check. Businesses now make 39 percent of their payments...
April 16, 2019 by EFS
The CFO’s role within their business is undergoing fundamental change. It is no longer enough for CFOs to serve as a financial scorekeeper. Boards, CEOs and other corporate leaders expect their CFO to help develop strategies for keeping up with...
February 2, 2018 by WEX Corporate Payments
At a time where the US economy is performing well, two behemoth Seattle-based companies see the climate as ripe for new integrated payables through new payment technology, and have opened stores where money never changes hands. Both Amazon and Starbucks...
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