Helping CFOs Put The Back Office On Auto Pilot Today's chief financial officer is eager to transform the way finance teams do work. With advances in artificial intelligence, automation can handle the heavy-lifting of manual tasks like supplier management or collections on outstanding invoices. It's not all about technology, though, says Auditoria.AI CEO Rohit Gupta. He spoke with PYMNTS about how AI combines with human talent to put the financial back office on a journey towards intelligent automation. |
B2B Payments Drive Instant Payments, Crypto Innovation New payment rails are once again in the spotlight as real-time payments and cryptocurrency emerge as the top focuses for innovators. In this week's look at payment rail innovation, the European Union begins paving the way for greater crypto adoption, while Mastercard expands its own crypto accelerator initiative. Separately, B2B payments step up to drive adoption of instant payment schemes. |
| B2B Payments Innovation Readiness | NEW DATA: Seventy Percent Of Businesses Plan To Automate Accounts Receivables Fifty percent of businesses say manual processes, sluggish payments and high operating costs have introduced enormous friction to their accounts-receivable departmentsâ over the last six months â prompting 70 percent of firms to put automating AR high on their priority list. In the B2B Payments Innovation Readiness Report, PYMNTS analyzed survey responses from 460 businesses across five sectors to examine how automating AR functions is reducing their days sales outstanding and improving cash flow. | |