How faster payroll boosts resort reopenings, Germany regs eye reform amid Wirecard scandal, and Medius on meeting SMBs halfway in their AP overhaul
 

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

June 24, 2020

       BUSINESS-TO-BUSINESS EDITION

Accounts Payable

Meeting SMBs Halfway In Their AP Transformations

Migrating accounts payable to the cloud is a must in today's work-from-home climate, but the reality is many small firms cannot afford to entirely overhaul their AP workflows. Anna Leo, vice president of Medius Ascendo North America, told PYMNTS why technology partners have to meet SMBs halfway when it comes to a digital transformation. That means supporting automated processes while still acknowledging the continued use of paper invoices and Excel spreadsheets.

 

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Commercial Card Innovation

Corporate Card Innovators Look Beyond Business Trip Spend

With corporate travel still on pause, commercial card innovation has taken a different direction. This week's look at the latest initiatives explores how FinTechs are wielding the corporate card in ways other than business trips, from accessing credit for accounts payable, to financing employee lunches. Elsewhere, a cyberattack raises concerns about the vulnerability of employee data when commercial card information is compromised.

 

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Next-Gen Payroll Tracker™

Westgate Resorts: Why Faster Worker Pay Is Key To Reopening

Hotels and resorts need their workers more than ever to safely reopen, but these workers must also meet their own needs – and early access to pay can play a vital role in helping them do so. In the inaugural edition of the Next-Gen Payroll Tracker, Karen Sims, senior director of financial services for Westgate Resorts, discusses how offering flexible payments has been key to reopening the firm’s 27 properties.

 

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