zone & Co now enables finance teams to approve, pay and reconcile any invoice within their enterprise resources planning (ERP) system.
The company offers these capabilities with its new ERP-native global payment solution for end-to-end accounts payable (AP) automation, Zone AP Payments, according to a Thursday (Nov.20) press release.
Zone AP Payments was built in partnership with TransferMate, a provider of embedded B2B payments infrastructure, according to the release.
The solution handles invoice and payment processing for domestic and international vendors, enabling users to move money to more than 200 countries and in 140 currencies, the release said.
“We designed Zone AP Payments to unify every step of AP and empower our customers to scale with confidence,” Zone & Co CEO Thomas Kim said in the release. “Partnering with TransferMate has enabled our global customer base to access same-day payments both domestically and internationally, with one-click vendor payments and highly competitive [foreign exchange] rates-all within their ERP.”
transfermate CEO Gary Conroy said in the release that by bringing his company’s global payments network directly into the ERP, Zone AP Payments turns## Zone & Co.Expands Procure-to-Pay Capabilities Through Strategic Acquisitions
Zone & co. is bolstering its procure-to-pay (P2P) solutions through a series of strategic acquisitions, adding capabilities in optical character recognition (OCR), financial reporting, and payroll automation. These moves align with a broader industry trend of Accounts Payable (AP) departments adopting automation solutions to cover the entire P2P cycle, as highlighted in recent reports.
In July 2024, Zone & Co. acquired Staria‘s AP automation solution, Staria Flow, adding enterprise-level OCR capabilities to its offerings. Staria Flow automates invoice processing and data capture, streamlining the P2P process.
Prior to the Staria acquisition, Zone & co. expanded its portfolio by acquiring Solution 7, a financial reporting solution provider, and Infinet Cloud, a provider of payroll and employee-centric solutions.
These acquisitions come as AP departments increasingly seek comprehensive automation. A recent PYMNTS Intelligence report, “From Back Office to Strategic Powerhouse: AP’s Transformation in 2025”,found that AP departments are adopting automation solutions that cover the entire procure-to-pay cycle.The report also emphasizes the importance of integrating automation with Enterprise Resource Planning (ERP) systems to ensure real-time data synchronization across finance, procurement, and other departments.
Zone & Co.’s expansion reflects a growing trend of AP departments evolving from back-office functions to strategic powerhouses within organizations.
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