Global FinTech Series Interviews Paymerang CEO on Innovation in FinTech

In a recent interview with Global FinTech Series, Paymerang CEO Nasser Chanda discussed why FinTech companies need to keep innovating to address changing business needs and how automation is integral to the better functioning of finance teams. What are some of the biggest trends that you’ve followed as a FinTech executive over these years? One…

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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…

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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…

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5 Ways FinTechs are Better Than Banks for Payment Automation

Why choose a FinTech over a bank? After years of false starts, businesses are migrating away from paper check payments to suppliers. Businesses now make less than half of their supplier payments via checks, per the Institute of Finance and Management’s (IOFM) 2018 Future of Accounts Payable Survey. What’s more, three years from now, businesses…

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