CFOtech UK - Technology news for CFOs & financial decision-makers

Accounts payable stories

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UK CFOs say manual spend management lags modernisation

Yesterday
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digital transformation
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fintech
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risk & compliance
Most UK Chief Financial Officers say manual spend processes are slowing change, as new research flags lingering reliance on paper-heavy payments and invoices.
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Molex lifts purchase order confirmations to 90% with Celonis

Yesterday
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manufacturing
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digital transformation
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supply chain
Molex uses Celonis to overhaul supply chains, lifting purchase order confirmations to 90% and boosting invoice and warehouse performance.
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Amex GBT adds AI to Egencia & links Concur Expense

3 days ago
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uc
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data analytics
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digital transformation
Amex GBT gives Egencia agentic AI and Concur Expense integration, aiming to streamline business travel bookings and cut manual claims work.
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Round raises USD $6 million to automate finance work

5 days ago
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digital transformation
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fintech
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it automation
London fintech Round lands USD $6 million and unveils workflow tools to cut repetitive treasury, payroll and payments work for finance teams.
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Aqilla launches AI invoice tool to speed accounts payable

Last week
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digital transformation
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financial systems
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rpa
Aqilla has unveiled an AI-enhanced invoice automation feature that combines capture and accounts payable, cutting processing time and tightening controls.
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Doxis folds Klippa into one brand after acquisition

This month
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document management
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digital transformation
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ecm
Doxis unifies Klippa's AI tools under one brand after acquisition, renaming key products as it ties document processing to wider automation software.
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Accel-KKR backs AccessPay in Manchester growth push

This month
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saas
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digital transformation
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fintech
Manchester fintech AccessPay lands majority backing from Accel-KKR to speed product development, widen enterprise services and eye acquisitions.
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Oracle NetSuite adds AI tools for safer data access

Last month
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saas
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data analytics
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digital transformation
Oracle NetSuite rolls out AI Connector Service upgrades with 100-plus finance templates, MCP apps and warehouse access for controlled data use.
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Lush UK cuts invoice processing time with Quadient

Last month
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digital transformation
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fintech
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partner programmes
Lush UK speeds supplier payments as automated accounts payable platform halves processing time and links more than 4,000 invoices a month to Xero.
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Spendesk names new chiefs as it posts first profit

Last month
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saas
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digital transformation
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fintech
Spendesk appoints Quentin Vigneau as Chief Product Officer and Alan Wright as Chief Technical Officer as it expands AI plans after first full year of profit.
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AI & invoicing friction shape B2B buying in Europe

Last month
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digital transformation
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fintech
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cx
European B2B buyers increasingly value seamless invoicing, onboarding and payment experience over price when choosing repeat suppliers.
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OFX appoints Liz Lord to drive broader business offer

Last month
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digital transformation
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fintech
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cx
OFX appoints former PayPal Australia marketer Liz Lord as chief marketing officer to spearhead its shift beyond cross-border payments.
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Zalos raises USD $3.6 million for finance AI agents

Last month
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data protection
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digital transformation
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fintech
Zalos secures USD $3.6 million seed funding to build AI agents that automate complex finance workflows across legacy enterprise systems.
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Intuit UK wins Fair Payment Code Gold for prompt pay

Last month
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fintech
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financial systems
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supply chain
Intuit UK secures the government's Fair Payment Code Gold, highlighting rapid supplier payments as ministers crack down on late payers.
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Dext launches AI Assist for accountants, bookkeepers

Last month
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saas
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digital transformation
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financial systems
Dext unveils AI Assist, an embedded tool that learns firm-specific judgement to automate routine bookkeeping while keeping humans in control.
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Van Weelde Shipping picks Unit4 ERPx for modernisation

Last month
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digital transformation
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partner programmes
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rpa
Rotterdam's Van Weelde Shipping selects Unit4 ERPx to modernise finance and operations while consolidating its enterprise systems.
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GPT-5.4 tops AI accounting test but errors remain high

Last month
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digital transformation
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fintech
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risk & compliance
GPT-5.4 leads new AI benchmark on real-world accounting tasks, but its 77.3% score leaves firms facing stubborn reliability gaps.
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Affinda unveils no-code AI agent for document integration

Last month
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digital transformation
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partner programmes
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financial systems
Affinda rolls out a no-code AI Integration Agent to link its document platform with 2,800+ business systems using natural language prompts.
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Ramp buys Billhop to grow AI finance reach in Europe

Last month
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fintech
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ai
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payment technologies
US fintech Ramp is buying Stockholm-based Billhop to plug its AI finance platform into Billhop's European payments rails and licences.
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AI-ready finance teams still lack rules & data base

Last month
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data analytics
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digital transformation
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rpa
Many 'AI-ready' finance teams lack basic rules and trusted data, leaving advanced tools underused in core processes, research finds.