PYMNTS

MAY 4, 2020

To help small- to medium-sized businesses (SMBs) receive payment online, SMB payment and accounting platform Autobooks unveiled the rollout of a new initiative, according to a press release. Businesses can enroll directly with Autobooks, connect their checking account, and start taking payments “within minutes,” according to the release.

Accounting 60

Accounting Invoicing Nonprofit Accounting Firms 60

PYMNTS

DECEMBER 6, 2020

Practice management software provider ImagineTime , which works with accounting firms, has partnered with Mango Billing for a "next-generation practice management solution," according to a press release. New solutions include integrating with other back-office programs and open banking.

Accounting 67

Accounting Practice Management Invoicing Accounting Firms 67

The Charity CFO

JANUARY 17, 2022

If you’re like most nonprofit leaders, you’re not researching nonprofit accounting basics to satisfy your curiosity. with this overview of nonprofit accounting basics. . What is nonprofit accounting? Investopedia defines accounting as “the process of recording financial transactions pertaining to a business.” .

Nonprofit 98

Nonprofit Accounting Profit and Loss Accounts Payable 98

PYMNTS

APRIL 18, 2016

Today, the company is announcing a new initiative to further that mission, and it includes a partnership with SME accounting firm Xero. On Monday (April 18), Waddle revealed a joint venture with cloud-based SME accounting company Xero to launch an invoice financing product.

Invoicing 40

Invoicing Finance Accounting Firms Accounting 40

PYMNTS

MARCH 15, 2017

SME accounting firm Xero is integrating machine learning technology into its solution, the company announced this week. Reports Tuesday (March 14) said Xero is deploying a machine learning automation system that will help businesses’ specific needs, including automated invoice categorization.

Accounting 47

Accounting Invoicing Accounting Firms Technology 47

PYMNTS

MAY 1, 2020

. “They accept cryptocurrency, facilitate the exchange, charge a professing fee then transfer funds into a bank account in one or two days. ” This is the challenge that Gilded aims to address with its services that enable corporates to issue invoices and accept crypto and digital currencies on those bills. .”

Currencies 68

Currencies Accounting B2B Reconciliations 68

PYMNTS

SEPTEMBER 24, 2019

San Mateo accounts payable automation startup Tipalti won $76 million in a funding round led by Zeev Ventures. The FinTech accounting firm will use the series D funds to grow the platform and its artificial intelligence (AI) tools that can read, process, pay and track invoices. . full-time accounts payable employees. . “As

Accounts Payable 49

Accounts Payable Startups Accounting Invoicing 49

PYMNTS

JANUARY 31, 2021

Business payments firm FLEETCOR Technologies has acquired accounts payable (AP) platform provider Roger , Fleetcor announced in a press release. In addition to small businesses, accounting firms in North America and Europe use, refer, and resell the platform today in connection with their customers.”.

Accounts Payable 85

Accounts Payable B2B Invoicing Accounting Firms 85

PYMNTS

MAY 15, 2018

Microsoft is collaborating with Commonwealth Bank of Australia (CBA) and KPMG to form a new cloud accounting startup, Financial Review reported. Dubbed Wiise , the Australia-based startup will rival the market’s current industry leader Xero and fellow Australian small business accounting firm MYOB.

Startups 41

Startups Accounting Invoicing Accounting Firms 41

PYMNTS

SEPTEMBER 24, 2020

The service can be used by businesses like enterprise accounting firms to reduce cost, the release stated. Financial services companies, such as accounting software or personal finance management providers, can use the SKU-level data to personalize their services.

Invoicing 72

Invoicing Accounting Firms Leverage Accounting 72

PYMNTS

DECEMBER 17, 2018

New analysis from corporate payments firm Bill.com suggests ACH payments are dominating the accounts payable department. One percent even said they are using cryptocurrency more this year to pay their own invoices. In an announcement on Thursday (Dec. In an announcement on Thursday (Dec.

B2B 63

B2B Accounts Payable Invoicing Reconciliations 63

PYMNTS

OCTOBER 1, 2020

The recent work-from-home environment further proved the importance of having integrated, cloud-based billing, invoicing and electronic payment acceptance – especially as remote transactions have become daily necessities. There is also growing demand for better accounts receivable (AR) management, he added.

B2B 56

B2B Invoicing Practice Management Reconciliations 56

PYMNTS

JANUARY 2, 2020

The largest accounting firms – EY, Deloitte, KPMG and PwC – are investing billions of dollars in artificial intelligence (AI) and data technology products to change the industry in new ways, according to a report by Bloomberg Tax. “Many of the routine jobs will go as areas such as invoice processing are automated.

Data Analysis 71

Data Analysis Accounting Standards Auditing Invoicing 71

PYMNTS

DECEMBER 7, 2020

Plus, Pioneer Bank sues over MyPayrollHR scandal, Procurement Partners secures new funding, and ImagineTime partners on FinTech for accountants. Through 100 percent invoice integration, the service boasts improvements to savings, and offers a compliance audit feature that can help vendors cut spending.

B2B 63

B2B Finance Practice Management Invoicing 63

PYMNTS

APRIL 30, 2020

Invoiced Tackles The Friction of Check. While B2B payments innovation has opened up the opportunity for businesses to send and receive funds via cards and other payment rails, the paper check remains commonplace with some FinTechs choosing to innovate on top of check systems in lieu of forcing firms to move to different rails.

Invoicing 73

Invoicing Reconciliations Currencies B2B 73

PYMNTS

JULY 1, 2019

In Scotland, analysis turns the spotlight on the construction industry, while new research from accounting company Xero points to the struggle that small businesses face when getting paid late. The latest analysis from cloud accounting firm Xero found that $80.86 In the U.S.,

Construction 44

Construction Invoicing B2B Accounting Firms 44

PYMNTS

DECEMBER 9, 2019

But delayed and late invoice payments are far from an isolated problem. trillion in accounts receivable on any given day, though how much of that is considered past-due is unclear. One in five invoices paid late are sent to the wrong address , according to the Australian Taxation Office (ATO). For the nation’s estimated 2.5

Invoicing 41

Invoicing B2B Budgeting Accounting Firms 41

PYMNTS

NOVEMBER 14, 2019

Payment service provider CreDec is integrating real-time payments capabilities that will allow small and medium-sized businesses (SMBs) and their accountants to bypass bank portals and initiate payments from directly within their accounting platforms. The company said in a press release Thursday (Nov. 14) that the U.K.

Reconciliations 40

Reconciliations Invoicing Accounting Accounting Firms 40

PYMNTS

NOVEMBER 13, 2019

New Zealand’s cloud-based accounting firm Xero is overhauling payments to integrate with TransferWise , Stripe and GoCardless , Xero said in a press release Wednesday (Nov. to set up card and debit payments for customer invoices and bills. GoCardless allows for Direct Debit payments and installment payments for invoices.

Foreign Exchange 46

Foreign Exchange Invoicing Auditing Accounting Firms 46

Bramasol

OCTOBER 31, 2023

Here again, working with experienced QTC and RevRec specialists who understand both the business/accounting issues and the technical capabilities can help companies chart a forward path that delivers in both the near term and over the long run.

SAP 63

SAP IFRS Compliance Entertainment 63

PYMNTS

SEPTEMBER 27, 2020

We believe that solutions which integrate and automate billing, invoicing, and electronic payments will deliver stronger, more efficient receivables management, particularly since most small businesses still process paper checks,” he said, according to the release.

Practice Management 64

Practice Management B2B Invoicing Accounting Firms 64

PYMNTS

SEPTEMBER 13, 2016

McDonnell also cited one particularly troubling case in which a small business owner had been waiting 742 days — more than two years — to see invoices settled from one client. “He got paid. .” “With Xero, we believe we’re on the path to solving that problem [of late payments],” he said.

Invoicing 65

Invoicing B2B Accounting Firms Accounting 65

The Charity CFO

MAY 19, 2023

Optimizing cash flow may include negotiating payment terms with vendors, implementing efficient invoicing and collection processes, and exploring cash flow enhancement techniques such as short-term investments or revenue diversification. Having a second set of eyes on financials is a prudent practice for nonprofit organizations.

Cash Management 52

Cash Management Nonprofit Compliance Budgeting 52

PYMNTS

SEPTEMBER 12, 2016

SME accounting company Xero continues on with its streak of announcements at its Xerocon South event. “Using Hey Xero, businesses will be able to access the Xero Advisor Directory and be recommended a suitable accountant or bookkeeper in their area,” Xero said in its announcement late last week.

Invoicing 68

Invoicing Accounting Accounting Firms Financial Data 68

PYMNTS

OCTOBER 6, 2016

Entryless, a cloud-based financial network that allows small and medium-sized businesses to react more quickly to the needs of their buyers and suppliers, announced an integration with accountancy platform Sage Live. This integration will improve companies’ ability to pay bills and complete accounts seamlessly.

B2C 75

B2C Auditing B2B Invoicing 75

PYMNTS

OCTOBER 23, 2018

As reported, the Carillion failure led to insolvencies in the first quarter of the year, spiking by 20 percent over last year, as estimated by accounting firm Moore Stephens. Sears In Suit Over Unpaid Invoices. Cross-Border Invoicing Initiatives. Our members are providing the working capital of big companies.”.

Invoicing 43

Invoicing Treasury Accounting Firms Economics 43

Bramasol

OCTOBER 31, 2023

Here again, working with experienced QTC and RevRec specialists who understand both the business/accounting issues and the technical capabilities can help companies chart a forward path that delivers in both the near term and over the long run.

SAP 52

SAP IFRS Compliance Entertainment 52

PYMNTS

MAY 11, 2018

According to data released on Thursday (May 10) by small business accounting firm Xero , the company has reduced its losses for Fiscal Year (FY) 2018 compared with last year. During this FY, Xero noted that revenues from its core accounting product increased 37 percent, while revenues from other platform offerings nearly doubled.

Reconciliations 40

Reconciliations Invoicing Accounting Firms Accounting 40

PYMNTS

SEPTEMBER 1, 2017

Cloud accounting company Acuity is teaming up with corporate payments firm Veem (formerly known as Align Commerce) to streamline cross-border B2B payments. 31) and said Veem will now link its B2B clients to Acuity’s accounting services, while Acuity will integrate Veem’s international wire transfer solutions directly in its platform.

B2B 43

B2B Invoicing Accounting Accounting Firms 43

PYMNTS

JANUARY 14, 2020

Telleroo is deploying the solution to enable bulk payments for bookkeepers and accountancy firms conducting accounts payable and payroll transactions on behalf of their clients. Bankbox enables end-users to initiate payments from directly within an accounting platform like Xero, the company explained in its announcement.

Banking 53

Banking B2B Accounts Payable Currencies 53

BlueLight

JULY 30, 2020

My motivation was to understand the responsibility of the CFO suite, the process of billing to accounting, and the software tools available to run an effective finance office. One is accounting: you need this done properly to inform the next two. It connects with bank accounts and corporate credit cards to track financial information.

CFO 52

CFO Financial Planning and Analysis (FP&A) Strategic Planning Startups 52

Future CFO

MAY 19, 2020

For instance, invoice processing can be a very labour-intensive workflow. You need to prepare an invoice and send it to a customer. With the use of automation capabilities in handling invoices, administrative processes become seamless and smoother, especially for closing and servicing processes.

Finance 52

Finance Invoicing Technology Auditing 52

PYMNTS

JANUARY 19, 2018

Recent research from Australian small business accounting firm Xero and payments company American Express explored just how big of a stressor late invoice payments are on Australian companies. Analysts found that more than a third of outstanding invoices at businesses with between $1.5

Invoicing 40

Invoicing B2B Finance Accounting 40

PYMNTS

JULY 27, 2016

Manual data entry into spreadsheets is an outdated process for small business accounting and financial management, yet remains commonplace. SME accounting firm Sage looks to reduce the use of spreadsheets, but on Tuesday (July 26), the firm took its battle against the legacy tool a step further.

Invoicing 40

Invoicing Accounting Communication Accounting Firms 40

PYMNTS

JULY 9, 2020

RecVue, which works in order-to-cash automation, has entered into a partnership with Effectus Group, a consulting firm working with technical accounting practices, to help companies access the best order-for-cash services and get money from B2B payments flowing more smoothly.

IFRS 65

IFRS Compliance B2B Accounting Firms 65

PYMNTS

MAY 3, 2018

Earlier this year, Veem launched an initiative to expand its global payment services to third parties via API, revealing in February that it is working with logistics company Cargocentric, digital staffing solution provider EliteWork, accounting firm HireAthena and virtual reality company SpringboardVR, which have integrated Veem’s capabilities.

Invoicing 46

Invoicing Accounting Firms Investments Banking 46

PYMNTS

DECEMBER 5, 2016

. $62 billion in unpaid invoices are written off as losses by U.K. The company’s findings highlight the ongoing pressures SMEs in the nation face when dealing with late payments; according to the report, on average, small businesses write off $14,600 every year because their invoices go unpaid. SME lender Wirefund.

Invoicing 75

Invoicing Construction Finance Economics 75