Everyone wants to save money– but organizations often overlook AP automation as a way to do just that. Leveraging automation empowers you to not only save costs, but earn rebates and reduce your payment fraud liability.
Everyone wants to save money--but organizations often overlook AP automation as a way to do just that. Leveraging automation empowers you to not only save costs but earn rebates and reduce your payment fraud liability.
With 15 years of experience, VP of Sales Kristin Cardinali contrasts outdated bank procedures with streamlined fintech software and fintech solutions.
There’s much more to international wire transfers than just the transfer itself. There's a labor-intensive process looming for both parties in the background.
What should you consider when it comes to deciding how to bring employees back in the office? Our SVP of Operations & Customer Success, Angela Anastasakis, shares the seven factors that Nvoicepay is considering in order to create an ideal hybrid work environment.
With the advent of widespread remote work, businesses have made impressive leaps in eliminating checks and adopting electronic supplier payments. But as organizations adopt electronic payment processes, there’s another strategic opportunity for AP to consider: electronic credit card.
s we close in on a year and a half of working from home, we can look back with some perspective and perhaps a little pride at how we've adapted and changed. During this time, many people and organizations have discovered that they're much more nimble, creative and resilient than they previously imagined.
Josh Cyphers, stepped into the role of President at Nvoicepay three months into the pandemic and remote work efforts. Here are three lessons he has learned from that experience.
Digitizing supplier payments has long been on the roadmap at many corporations, but way down near the bottom. That all changed in 2020. COVID-19-related health and safety requirements and the mass-scale remote work changes demonstrated that check-writing processes are no longer sustainable and accelerated the move toward electronic payments.
Maslow's Hierarchy of Needs, a common psychological theory, describes basic needs that must be met before an individual is able to achieve self-actualization. It's possible a similar theory can be applied to business. But should automation be considered an end goal, or a basic necessity?
As organizations work to improve their defenses against ACH fraud, they should also ramp up their use of virtual cards as much as possible. Supplier objections to fees have always acted as the barrier between the status quo and advanced payment options. The B2B payments landscape is changing, and in light of rising fraud, it may be worth revisiting those conversations with suppliers.
Let us be the first to say: you’re not alone if you’ve never heard of the term "tech stack" before. Some of us have heard the term used for departments like sales and marketing, but never for accounting. Today we’re going to talk about what an accounting tech stack is.
B2B companies are currently up to their necks in "digital transformation." Maybe, just maybe, it's time to take a step back and look at things through a different lens.
Nvoicepay identifies clear trends in B2B payments in 2021 and the payment automation trends that will take the driver's seat this year.
While similar in concept to Business Email Compromise (BEC), Vendor Email Compromise (VEC) scams focus more on controlling payments through vendor communication.
Everyone knows the term "return on investment"—or “ROI." I think we should re-establish a less-recognized concept: return on experience.
Post-pandemic businesses have adapted by interfacing with technology to get the same tasks done with less redundancy and bulk. Daily operations have stripped down to bare essentials, some bearing costs to the customer, but many renewed in their devotion to make a more human connection with those they serve.
If there’s one thing payment companies of any caliber are familiar with watching out for, it’s Business Email Compromise. Here are some of the most common BEC techniques that fraudsters take advantage of.
Forced to work from home during COVID-19, accounts payable departments have accelerated plans to move away from paper checks and pay more of their suppliers by ACH. That, in turn, accelerated another trend: fraud.