Payments & Billing Automation (AP)

What is invoice management? Invoice management is a business function that facilitates the procurement process. It involves the process of managing supplier invoices. Along with facilitating prompt payments,...

What is Invoice Automation? Invoice Automation is a process that helps companies to do away with manual invoice workflows. The automation empowers a software tool to read vendor...

Banking as a Service Can you remember the days when you had to actually go to the bank, withdraw money, and then use that money to make payments?...

Embedded finance Embedded finance is the next big thing in the world of finance. If you're unfamiliar with it, embedded finance is the process of embedding financial instruments...

What is global cash visibility? “The more a business owner knows about their cash flow, the more empowered they become.” —Nick Chandi, ForwardAI CEO Understanding and knowing your...

Intelligent Document Processing meaning According to globalnewswire, the global intelligent document processing market size is expected to reach $11.6 billion by 2030. Owing to the massive demand for...

What Is E-Invoicing? E-invoicing or electronic invoicing is the digital process of exchanging invoices between suppliers and buyers. This convention is in place for B2B enterprises that digitally...

Business automation Constant vigilance and business automation are the two key tools that solve almost all problems for CFOs. CFOs have a lot on their plate to begin...

Invoice discrepancy Buyer vendor relationship is like pair skating – both the parties involved must be on the same page for a favorable outcome. One slip or mismatch...

What is corporate credit card reconciliation? Simply stated, corporate credit card reconciliation refers to checking and verifying the transactions in the company card statements against the company ledger...