Latest news with #APAutomation
Yahoo
3 days ago
- Business
- Yahoo
Medius Appoints Chris Wilmot as Chief Financial Officer
LONDON, Aug. 12, 2025 /PRNewswire/ -- Medius, a leading provider of AP Automation and wider Spend Management solutions, today announces the appointment of Chris Wilmot as Chief Financial Officer. Wilmot joins Medius at a time of strategic expansion and product innovation. Based in London, United Kingdom, Wilmot will oversee Medius' financial strategy and long-term health as the company advances its mission to empower finance teams of the future through AI-driven AP and spend management. With deep financial expertise in global organizations, Wilmot will drive value creation and operational excellence within the organization, as well as advocate for Medius' core customers and CFOs looking to achieve greater productivity and financial control. Wilmot holds more than two decades of experience in analytics and global business strategy, most recently serving as Chief Financial Officer at Qualitest Group for six years. He also held transformative CFO roles at Clarion Events and BT Global Services, driving rapid development and overseeing financial performance internationally. Across these executive positions, Wilmot led both organic growth and acquisition-driven expansion across multiple continents. His expertise spans strategic integration, operational excellence, and financial stewardship within globally distributed organizations. Chris Wilmot, CFO, Medius, comments: "Medius is redefining the fintech industry by bringing intelligence and autonomy to the core of finance operations. I'm excited to join a company that is actively shaping the wave of digital transformation we're seeing. With growing demand for real-time insights, control, and fraud prevention, there's never been a more important time to deliver solutions that help finance teams lead with confidence." Jim Lucier, CEO, Medius, comments: "Chris joins Medius at a pivotal moment in our growth. As we scale globally and redefine how finance teams harness solutions to transform spend and reduce risk, his track record as a transformational financial leader will be instrumental in driving our vision forward." Wilmot's appointment follows a series of updates and strategic expansions at Medius. This past June, Medius launched Medius Payments, a fully embedded solution that enables finance teams to streamline the approval and execution of secure invoices. The company also recently forged partnerships with leading European channel partners and earned full qualification as a Yardi Ecosystem Partner, joining the network of the premier connected real estate software provider. For more information, please contact: Dan Bird, Fight or Flight for +44 7885 670798 / Medius@ This information was brought to you by Cision View original content: SOURCE Medius
Globe and Mail
09-07-2025
- Business
- Globe and Mail
AP Automation Provider in USA IBN Technologies Broadens Reach with Real Estate-Driven Solutions Across Sectors
"AP Automation Provider [USA]" IBN Technologies is redefining AP automation providers in the USA by offering real estate-driven solutions now adopted across industries like healthcare, organization, and retail. Their comprehensive platforms improve cash flow, reduce manual tasks, and boost compliance. With proven results and customized automation frameworks, IBN is helping firms enhance control and scale financial operations efficiently. Miami, Florida - 09 July, 2025 - Automation tools first customized to the real estate landscape are now being adopted across various sectors in the United States, including healthcare, planning, retail, and construction. Initially developed to accommodate high-volume transactions, multi-layered operations, and complex approval structures, these systems now serve a broader purpose. By working with an experienced AP automation provider, companies gain access to capabilities such as centralized invoice visibility, audit-friendly digital records, and vendor access portals—helping modern businesses reduce expenses, enhance compliance, and maintain financial clarity. As decentralized finance functions become more common, real estate-inspired platforms are becoming the go-to choose for streamlined, scalable AP operations. This evolution points to a larger shift toward efficiency and reduced manual intervention in financial workflows. What began as a solution specific to property management is now meeting the needs of industries handling multifaceted supplier relationships and layered financial tasks. Firms in sectors like coordination, retail, and healthcare are increasingly seeking expertise from AP automation provider firms like IBN Technologies, whose roots in real estate automation offer proven, reliable frameworks. With robust capabilities like entity-wide tracking, scalable integration, and audit-prepared infrastructure, providers such as IBN Technologies are setting new benchmarks for enterprise-level fiscal management. Simplify AP processes for real estate—start optimizing today. Schedule your free consultation: Financial Control Areas Strengthened by Real Estate-Centric AP Automation Real estate-focused AP platforms are uniquely equipped to manage the industry's complex financial environment—ranging from large-scale budgeting and project-level accounting to strict oversight of property income and expenses. These tools simplify profitability by tracking across assets, automate revenue and expense flows, and reduce risks tied to human error. With real-time access to centralized financial data and advanced accuracy tools, firms can make smarter and faster financial decisions. • Manages intricate real estate transactions and project accounting structures • Oversees cash flow planning and manages real estate development debt efficiently • Provides visibility into profit margins across developments and investments • Automates tracking of income from rentals and routine property management expenses With central data access and enhanced precision, AP automation reduces redundant manual tasks while equipping leadership teams with insights that drive faster, strategic actions. AP automation provider firms like IBN Technologies continue to lead this change, offering customized solutions that meet the real estate sector's core financial control needs. Comprehensive AP Automation Frameworks Powered by IBN Technologies in New York IBN Technologies offers New York businesses across various sectors a fully developed set of tools to enhance financial operations through automation. Their AP automation provider services are engineered for transparency, scalability, and precision—helping organizations transition from slow manual systems to efficient, future-ready processes that improve cost management and workflow clarity. • Digital Invoice Capture & Validation – Rapidly extracts invoice details and confirms accuracy without manual input • Three-Way PO Matching – Confirms alignment of invoices with purchase orders and receipts • Smart Approval Routing – Ensures timely approvals through automated, role-based workflows • Scheduled Payment Execution – Supports timely settlements and takes advantage of early payment opportunities • Vendor Interaction Management – Improves communication and transaction tracking with suppliers • Unified Workflow Architecture – Establishes consistency across finance functions and multiple business locations In a time when financial departments in New York are under rising pressure to improve oversight and output, automation in accounts payable is no longer optional. IBN Technologies enables New York-based clients to replace outdated manual routines with streamlined digital workflows that improve validation speed, compliance, and transparency. By offering real-time transaction monitoring, enhanced vendor management, and timely disbursement options, organizations benefit from stronger liquidity positions and improved working relationships. In addition to lowering the financial footprint of automation, IBN Technologies' solutions bring AP and payment automation and procurement operations into one seamless ecosystem for better financial governance. Realized Benefits of AP Automation with IBN Technologies Businesses across industries are turning to IBN Technologies for their ability to modernize processes and minimize expenses through intelligent automation. Their systems help restructure accounts payable by reducing human involvement, improving visibility, and accelerating payment cycles. • Enhances cash flow with up to 30% faster invoice processing and a 25% increase in on-time payments • Significantly reduces processing costs by 50–80%, helping businesses realize high returns on investment • Replaces up to 90% of manual AP tasks while cutting manual input by 95% • Improves approval times by up to 86%, leading to quicker financial cycle closures • Increases data integrity while reducing fraud risk through built-in verification features • Improves vendor reliability and payment tracking through streamlined communication • Provides end-to-end transaction visibility via real-time reporting dashboards These outcomes are especially valuable for firms implementing AP automation for small business operations, where limited staff and tight budgets require cost-effective, scalable solutions. Moreover, by addressing common AP automation challenges, IBN Technologies allows companies to overcome long-standing workflow inefficiencies and build more resilient financial systems. IBN Technologies: Delivering Proven AP Automation in New York Real Estate In the demanding world of property and real estate management, financial efficiency often determines long-term success—especially in competitive markets like New York. A prominent New York-based real estate company recently partnered with IBN Technologies to modernize its AP function. The result was a significant leap in operational performance and processing reliability. • The company reported an 86% improvement in AP approval cycle times following implementation • Manual entry was nearly eliminated—reduced by 95%—driving faster and more accurate workflows This transformation enabled the business to reduce operational delays, improve oversight, and maintain regulatory compliance—demonstrating how accounts payable automation helps New York small businesses and enterprises view automation as a strategic investment. See how IBN Technologies accelerated AP for a leading real estate firm. See Solutions in Action: Real Estate AP Automation Case Study Preparing for What's Next: AP Automation as a Competitive Necessity As market dynamics continue to shift and monetary management systems grow more complex, the role of the AP automation provider is evolving into a critical business enabler. IBN Technologies delivers performance, accuracy, and adaptability—helping organizations maintain control over complex payables while increasing transparency across operations. Future gains will be driven by combining deep industry expertise with innovative tools, allowing businesses to scale effectively, maintain compliance, and achieve sustainable growth. For real estate firms and other industries alike, integrating advanced AP automation strategies is now seen as essential to staying agile and competitive in an ever-changing financial environment. Related Services: 1. Intelligent Process Automation: 2. Sales order processing: About IBN Technologies IBN Technologies LLC, an outsourcing specialist with 25 years of experience, serves clients across the United States, United Kingdom, Middle East, and India. Renowned for its expertise in RPA, Intelligent process automation includes AP Automation services like P2P, Q2C, and Record-to-Report. IBN Technologies provides solutions compliant with ISO 9001:2015, 27001:2022, CMMI-5, and GDPR standards. The company has established itself as a leading provider of IT, KPO, and BPO outsourcing services in finance and accounting, including CPAs, hedge funds, alternative investments, banking, travel, human resources, and retail industries. It offers customized solutions that drive AR efficiency and growth. Media Contact Company Name: IBN Technologies LLC Contact Person: Pradip Email: Send Email Phone: +1 844-644-8440 Address: 66, West Flagler Street Suite 900 City: Miami State: Florida 33130 Country: United States Website:
Globe and Mail
16-05-2025
- Business
- Globe and Mail
IBN Technologies Unveils Innovative AP Automation Services to Boost Financial Management for California Businesses
California businesses are rapidly adopting AP Automation Services to streamline operations and ensure compliance. IBN Technologies delivers intelligent, scalable solutions that eliminate manual inefficiencies, reduce errors, and enhance vendor relationships. With features like automated invoice processing, real-time PO matching, and centralized vendor management, they empower finance teams to drive productivity and agility. Miami, Florida, 13 May 2025 - As businesses in California continue to expand, the pressure to optimize financial operations while maintaining accuracy and compliance has never been greater. The traditional accounts payable processes—characterized by paper invoices, spreadsheets, and manual approvals—are becoming increasingly inefficient. This change has prompted several businesses to look for cutting-edge AP automation services to improve efficiency, lower mistakes, and offer real-time financial information. IBN Technologies, a trusted partner in digital transformation, provides businesses in California with effective accounts payable automation solutions that meet current difficulties. By integrating automation into their accounts payable processes, companies can reduce operational costs, improve cash flow management, and boost productivity in their day-to-day financial operations. Automate AP and Boost Efficiency Instantly! Book your Free Consultation: Challenges with Outdated Manual Accounts Payable Processes Many organizations continue to grapple with inefficient manual accounts payable cycle, even with modern technological tools available. Some key struggles include: Reliance on paper and spreadsheets leads to data errors, duplicate entries, and late payments, impacting cash flow and supplier trust. Unclear approval workflows cause delays, confusion, and reduce accountability. Manual processes limit the ability to handle increased invoice volume as businesses grow, requiring more staff. Inadequate integration between accounting and procurement systems creates tracking and auditing inefficiencies. Lack of digital processes increases the risk of fraud and makes audits time-consuming. Comprehensive AP Automation Services for Modern Finance Teams A robust AP automation service can effectively eliminate manual inefficiencies while optimizing financial operations. Key features of such a platform include: ✅ Automated Invoice Data Capture and Verification Intelligent systems extract and validate information from both digital and scanned invoices. With built-in rule engines and cross-referencing tools, data accuracy is ensured while minimizing manual entry errors. ✅ Real-Time Purchase Order (PO) and Invoice Matching The platform reconciles purchase orders with incoming invoices automatically, eliminating the need for manual checks. This speeds up processing and maintains accurate financial records without discrepancies. ✅ Streamlined Invoice Approval and Routing Smart routing engines automatically direct invoices to the correct stakeholders based on pre-configured business rules. This eliminates approval bottlenecks and enhances accountability across departments. ✅ Automated Payment Notifications and Scheduling Timely notifications and reminders ensure that payments are processed on schedule, helping to avoid late fees and maintain strong relationships with vendors. ✅ Centralized Vendor Management System A unified platform simplifies vendor communication, tracks transaction history, and speeds up issue resolution. This improves vendor satisfaction while reducing administrative workload. ✅ Standardized Workflows Across All Locations Automation enforces consistent, policy-based processes company-wide, ensuring compliance and operational efficiency regardless of geographic location. AP Automation in Action: Transforming Real Estate Finance Operations A leading real estate and property management company revolutionized its accounts payable processes through the adoption of intelligent AP automation. The transformation delivered impressive results, including: 86% faster AP approval cycles, significantly speeding up invoice processing and improving overall cash flow management. 95% reduction in manual data entry, increasing data accuracy while allowing finance teams to focus on more strategic, high-value tasks. This real-world success story demonstrates how automated Real-Estate AP processes can create substantial business impact—streamlining operations, minimizing costs, and enabling finance teams to operate with greater agility and precision. Modernizing Accounts Payable for the Digital Age The shift toward digitization has redefined expectations around efficiency and control in finance departments. Traditional AP processes—laden with paper, delays, and errors—are giving way to automated systems that streamline operations and enhance visibility. Businesses need flexible platforms that scale with growth and support compliance with evolving financial standards. IBN Technologies delivers practical, effective AP automation solutions designed to simplify and optimize financial operations. This platform is built to integrate easily with your current systems, reducing manual errors and improving efficiency. By automating key tasks, businesses can reduce the time spent on administrative work, enhance accuracy, and maintain better control over financial processes. With IBN Technologies, companies can streamline their accounts payable workflows, improve cash flow management, and ensure compliance with evolving financial standards. Intelligent Process Automation: About IBN Technologies IBN Technologies LLC, an outsourcing specialist with 25 years of experience, serves clients across the United States, United Kingdom, Middle East, and India. Renowned for its expertise in RPA, Intelligent process automation includes AP Automation services like P2P, Q2C, and Record-to-Report. IBN Technologies provides solutions compliant with ISO 9001:2015, 27001:2022, CMMI-5, and GDPR standards. The company has established itself as a leading provider of IT, KPO, and BPO outsourcing services in finance and accounting, including CPAs, hedge funds, alternative investments, banking, travel, human resources, and retail industries. It offers customized solutions that drive efficiency and growth.
Globe and Mail
16-05-2025
- Business
- Globe and Mail
IBN Technologies AP Automation Services Drive Real-Time Financial Transformation Across the U.S.
"AP Automation Services (USA)" As U.S. businesses seek efficiency in finance operations, IBN Technologies is driving the adoption of real-time AP automation. Their scalable solutions eliminate manual workflows, boost accuracy, and enhance vendor relationships. Designed for modern enterprises, IBN's tools provide fast, secure, and cost-effective automation—turning AP into a strategic asset that fuels business growth. Miami, Florida, 13 May 2025 - As businesses across the United States pursue greater efficiency and control over financial operations, the demand for robust AP automation services is at an all-time high. The shift from manual invoice processing to intelligent accounts payable automation process is transforming traditional finance departments into strategic contributors to business growth. This accounts payable automation solutions are empowering business owners, financial leaders, and accounting heads to gain real-time visibility, improve accuracy, and streamline operations without the inefficiencies of legacy systems. Companies like IBN Technologies provide advanced AP automation tools that effectively scale business needs. Designed for modern enterprises, their solutions are distinguished by their enterprise-grade features, cost-effective models tailored for U.S. businesses, unmatched reliability, and high-level data security. By streamlining traditional workflows and eliminating complexity and delays, they ensure businesses manage high-volume accounts payable operations with precision and efficiency. Automate AP and boost efficiency instantly. Book your Free Consultation: Key Challenges Faced by Businesses Without AP Automation Despite technological advancements, many organizations struggle with the outdated manual accounts payable workflows. These challenges include: Paper-based and spreadsheet systems are prone to human error, resulting in duplicate entries, delayed payments, and disrupted cash flow, which can harm supplier relationships. Disorganized approval chains slow down invoice processing, create confusion among teams, and reduce overall accountability. Scaling manual workflows becomes increasingly difficult as invoice volumes grow, often requiring additional staff to keep up. Disconnected finance and procurement systems make it harder to track transactions, leading to inefficient audits and reduced visibility. Lack of automation exposes sensitive financial data to fraud risks and significantly extends the time required for audit preparation. IBN Technologies' AP Automation Capabilities IBN Technologies has developed comprehensive accounts payable automation solutions that address the above challenges with precision and business logic. Key highlights of their platform include: ✅ Invoice Data Capture and Validation: Automated systems seamlessly extract and verify data from both digital and scanned invoices. With built-in rule engines and cross-platform referencing capabilities, the process ensures data accuracy while reducing manual input errors. ✅ PO-Based Invoice Matching: AP Automation tools reconcile purchase orders with incoming invoices in real time, eliminating the need for manual oversight. This ensures faster processing cycles and prevents discrepancies in financial records. ✅ Invoice Approval and Routing: Smart routing engines direct invoices to the right individuals or departments based on predefined business rules. This reduces approval delays and boosts accountability across all finance functions. ✅ Payment Processing: Automated payment modules send timely alerts and reminders, ensuring deadlines are met consistently. This minimizes the risk of late fees and strengthens vendor confidence. ✅ Vendor Management: A centralized platform for vendor interactions simplifies communication, tracks transaction histories, and supports faster query resolution. The result is improved vendor satisfaction and less administrative overhead. ✅ Workflow Standardization: Consistent and policy-driven workflows are enforced across all locations, helping organizations maintain compliance and operational efficiency. Automation ensures uniformity in processes regardless of geographical spread. AP Automation in Action: A Game-Changing Transformation By implementing intelligent AP automation, the real estate and property management firm transformed its financial operations. Key outcomes included: • An 86% reduction in AP approval times, accelerating invoice processing and enhancing cash flow efficiency • A 95% decrease in manual data entry, boosting data accuracy and freeing teams to focus on strategic initiatives These accounts payable automation case study results highlight the power of Automated Real Estate AP Processes to deliver measurable impact, reduce costs, and drive operational excellence. Seamless Automation: The Future of Accounts Payable As businesses across the U.S. continue to adopt digital-first strategies, the need for scalable, secure, and intuitive accounts payable automation solutions becomes paramount. Platforms that deliver measurable value—reducing costs, improving compliance, and enhancing visibility—are essential for business growth. With customized features for growing businesses and reliable integration capabilities, financial teams are shifting from labour-intensive workflows to smart automation that fuels performance. IBN Technologies provides AP automation services specifically designed for modern finance departments. By aligning technology with practical business needs, their solutions deliver faster approvals, enhanced controls, and a streamlined accounts payable process. These services reduce manual effort, improve accuracy, and provide greater visibility across the entire AP lifecycle, supporting operational efficiency and consistency. Related Services: Intelligent Process Automation: About IBN Technologies IBN Technologies LLC, an outsourcing specialist with 25 years of experience, serves clients across the United States, United Kingdom, Middle East, and India. Renowned for its expertise in RPA, Intelligent process automation includes AP Automation services like P2P, Q2C, and Record-to-Report. IBN Technologies provides solutions compliant with ISO 9001:2015, 27001:2022, CMMI-5, and GDPR standards. The company has established itself as a leading provider of IT, KPO, and BPO outsourcing services in finance and accounting, including CPAs, hedge funds, alternative investments, banking, travel, human resources, and retail industries. It offers customized solutions that drive efficiency and growth.
Yahoo
06-03-2025
- Business
- Yahoo
Flex Raises $225 Million in Equity and Debt Funding to Build All-in-One Business and Personal Financial Management Platform for Business Owners
Company Surpasses $1 Billion in Total Payment Volume in 18 Months NEW YORK, March 06, 2025--(BUSINESS WIRE)--Flex, the fintech company that empowers business owners to automate their back offices and grow, today announced it has raised $225 million in equity and debt funding to accelerate the buildout of its payments infrastructure and personal finance software for business owners. The capital raise includes a $25 million equity round led by Titanium Ventures, with participation from Companyon Ventures, Florida Funders, MS&AD Ventures, AAF Management and First Look Partners, and a $200 million credit facility from Victory Park Capital. Yash Patel, General Partner at Titanium Ventures, will join Flex's Board of Directors. "Business owners tend to co-mingle their personal and business expenses, deposits and payments, leading to accounting reconciliation issues and cashflow gaps," said Zaid Rahman, Founder & CEO of Flex. "Our growth validates the demand from business owners for an all-in-one ecosystem that simplifies their finances. With Flex, they can manage their entire financial lives through one premium platform, from the moment they generate business revenue to the moment they spend their earnings personally." Many businesses do not have sufficient time, resources, or personnel to efficiently handle back-office functions. Meanwhile, targeted solutions are often fragmented and piecemeal. Flex provides a financial ecosystem that bundles payment automation, expense management, net 60 credit cards and banking. "We're particularly excited about how much time our customers – especially those without in-house finance teams – have been saving on reconciling invoices with Flex AP Automation and managing business or personal expenses through Flex Expense Management," added Rahman. "Our product simplifies the input required from business owners and reduces the burden of managing payment scheduling, which payment methods to disburse from, and which accounts to collect money into." The capital raise will support the acceleration of Flex's payments ecosystem, particularly its AI-powered AP Automation, which today, alongside credit, debit, and B2B payments, is processing over $1 billion in annual total payment volume. The funding will also be used to build out Flex's consumer arm, which will allow business owners to manage their personal finances with the same power, control and seamless user experience as they do for their businesses. "We were thoroughly impressed with the customer love for Flex in our diligence," said Patel. "Flex has found a segment of the large B2B market overlooked by both innovators in B2B fintech and large incumbent banks: super premium business owners." "Flex's ecosystem of financial products, which provide flexible and cost-effective working capital, will help meet a clear need for business owners," said Kinan Hayani, Partner at Victory Park Capital. "We believe in Flex's mission to provide efficient, streamlined tools to help owners more easily manage their finances and ultimately expand their businesses." Over the past year, Flex has grown substantially, achieved key milestones and welcomed several seasoned executives to its leadership team, including: Chief Risk Officer, Vishal Saxena, who formerly held risk leadership positions at Citi, Capital One and Barclays; General Counsel & Chief Compliance Officer, David Toro, formerly of Parafin and Capital One; and Head of Product, Jared Thomas, previously with Carta. *Flexbase Technologies, Inc. is a technology company and is not a bank. Banking services provided by Thread Bank, Member FDIC. The Flex Commercial Credit Card is issued by Patriot Bank, N.A., pursuant to licenses from Mastercard® International Incorporated. Mastercard is a registered trademark of Mastercard International. Flex provides the credit for the Flex Commercial Credit Card. The card is not available yet in the following states: CA, ND, SD, VT, and NV. ABOUT FLEX Founded in 2022, Flex (a Flexbase Technologies, Inc. brand) is the B2B fintech company redefining financial management for business owners by providing a financial ecosystem that empowers owners to expand their business and accelerate growth. Flex bundles every single aspect of the back office into one finance super app to seamlessly control finances. The company offers Flex Business Credit Card with 0% interest for 60 days on all purchases and built-in employee expense management and rewards, as well as Flex Banking with up to 2.99% yield on idle cash. The company also has launched several products like AP Automation, Cashflow Analytics, Bill Pay, Mobile Apps, and more. Flex aims to be the financial platform that all aspiring business owners use to build, manage and protect their finances. Visit ABOUT TITANIUM VENTURES Titanium Ventures Accelerates the Extraordinary – the venture capital firm fuels the growth of standout disruptors. In its first twelve years, 104 investments have generated 44 liquidity events including Auth0, BigCommerce, Box, Cloopen, CrowdStrike, DocuSign, GitLab, Nasuni, OpenGov and Snap. To date, Titanium Ventures' Revenue Acceleration Platform has driven >USD$660M in revenue for its portfolio companies, extending their reach across the U.S., Australia, Asia, and the UK. In 2022, the firm announced the close of its third fund, bringing Funds Under Management to USD$1B. To see Titanium Ventures' full portfolio and learn more, visit ABOUT VICTORY PARK CAPITAL Victory Park Capital Advisors, LLC ("VPC" or the "Firm") is a global alternative asset manager that specializes in private asset-backed credit. In addition, the Firm offers comprehensive structured financing and capital markets solutions through its affiliate platform, Triumph Capital Markets. The Firm was founded in 2007 and is headquartered in Chicago. In 2024, VPC became a majority-owned affiliate of Janus Henderson Group. The Firm leverages the broader resources of Janus Henderson's 2,000+ employees across offices in 24 cities worldwide. VPC is a Registered Investment Advisor with the SEC. For more information, please visit View source version on Contacts Flex Kristen Grossi, talkTECHKristen@ Victory Park Capital Jordan Niezelski, Edelman Sign in to access your portfolio
