Why Automation is the Linchpin to AP Process Improvement

If it feels like your accounts payable team never has enough time in the day, you are not alone. One-in-five accounts payable teams are working longer hours these days, according to an online survey conducted by the Institute of Finance and Management (IOFM).  Incredibly, eight percent of accounts payable practitioners are working an additional two … Read More

Paymerang Boosts Efficiency and Profitability for Regulated Water Utility

Accounts Payable is busier now than ever. AP leaders are eager to improve operational efficiency and ensure vendors get paid on time. We partnered with California Water Service to help their team increase efficiency and profitability. California Water Service (Cal Water) is the largest regulated American water utility west of the Mississippi River and the … Read More

7 Ways AP Automation Improves Operational Efficiency

As the economic downturn continues, businesses are looking for ways to reduce costs. One way to reduce costs is to improve process efficiency.  When it comes to accounts payable processing, most organizations have a lot of work to do to improve efficiency.  33% of accounts payable professionals are working longer hours these days, according to … Read More

Why 71% of AP Departments are Automating in 2020 and You Should Too

If it feels like processing payments to suppliers is taking longer, you are not imagining things. One-third of accounts payable practitioners are working longer hours these days, according to the Institute of Finance and Management (IOFM).  In fact, eight percent of accounts payable practitioners are working an additional two hours or more per day, which … Read More

How The Supplier Guides The Accounts Payable Evolution

A PYMNTS Article Featuring Paymerang This article was originally published on PYMNTS.com In a pre-COVID environment, accounts payable (AP) departments had three major struggles, according to Nasser Chanda, CEO of Paymerang. The first was overcoming the burden of manual processes, from invoice ingestion and approval to payment initiation and reconciliation. The second was ensuring that payments to … Read More

Reduce Time Spent on Audits with Paymerang

Audits are time consuming and tedious; however, once you start processing with Paymerang, not only do your payments become simpler, but so does your audit process. Our transformative payment automation solution simplifies your NACHA, SOC2, PCI-DSS, and Positive Pay processes by undergoing these strict audits and industry best practices so you don’t have to. The NACHA … Read More

Remote Working, Without the Fraud Risk

Fraudsters know a good opportunity when they see one—and the recent, mass shift to remote working was an opportunity too good for them to pass up.  The Federal Bureau of Investigations, the Internal Revenue Service, and Interpol warn that phishing schemes and Business E-mail Compromise (BEC) attacks increased since the onset of the pandemic. This … Read More

How Paymerang Supports Partners

In today’s fast-paced environment, businesses are continually striving to stay ahead of the curve and deliver innovative products and solutions. It is imperative for these organizations to look for new opportunities to drive collaborative innovation that delivers on what their clients need today—and in the future. Partnerships between businesses can harness the strengths and capabilities … Read More

5 Tips for Successfully Implementing Kanban

Kanban provides great benefits to software development by helping teams visualize and continuously improve their workflow. Implementing a successful Kanban system will increase productivity, because it allows teams to quickly identify impediments in the process and build in efficiencies that will greatly improve the teams output and collaboration. Kanban uses a pull-system that allows for … Read More

Securing Your Business Payments

As part of our ongoing commitment to helping clients become more secure and efficient, Paymerang is introducing a learning series highlighting best practices in the world of AP and finance.   For our first installment we are sharing a few tools and exercises leveraged internally at Paymerang to mitigate risk.     According to the 2020 … Read More