Comdata on how to monetize B2B payments digitization, California intros cannabis banking bill, and Coupa enhances corporate spend management tools
 

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

July 28, 2020

       BUSINESS-TO-BUSINESS EDITION

Procure-to-Pay

Rediscovering The Value In Procure-To-Pay Digitization

The phrase "digital transformation" has become a trendy one for the enterprise, particularly in areas like procure-to-pay where automation can yield efficiency and cost savings. Yet too often, large organizations are modernizing for modernization’s sake, and according to GEP Director of AP Automation Dmitriy Lerman, losing sight of the purpose of technological adoption. He tells PYMNTS how corporates can redirect their strategies to gain the most value from the tools they embrace.

 

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Open Banking/Bank-FinTech

Banks, FinTechs Find New Models To Mesh Their Strengths

The bank-FinTech collaboration model is often about wielding digital-native FinTech solutions to fit within bank offerings. Yet this week's look at the latest tie-ups reveals new models of collaboration, including FinTechs expanding their footprint within banking, and wielding banks to fit within their own tech solutions.

 

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PODCAST: B2B Payments

Helping CFOs Monetize The B2B Payments Digital Transformation

Moving teams away from paper checks is a step on the path to B2B payments digitization, but it is only a first step, says Meitra Aycock, Comdata’s senior vice president of operations. She tells PYMNTS that chief financial officers must also consider the role that transaction data plays in supporting efficiency both within accounts payable and suppliers’ accounts receivable departments. And how virtual cards can help them monetize that digital journey.

 

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