PYMNTS

AUGUST 8, 2019

The competition is heating up between payment technologies in accounts payable, with ACH and virtual cards seeing significant pushes in the B2B payments space to combat the dreaded paper check. I see a real opportunity in the mid-to-small market, which needs a proper amount of education,” he said. Which will come out on top?

Accounts Payable 57

Accounts Payable Accounting B2B Reconciliations 57

PYMNTS

NOVEMBER 15, 2018

A new report from Software-as-a-Service (SaaS) firm Inspyrus suggested that chief executive officers and accounts payable (AP) professionals aren’t seeing eye to eye on AP technology, and organizations are failing to upgrade their AP processes and tools as a result.

Accounts Payable 63

Accounts Payable Accounting Invoicing Finance 63

PYMNTS

FEBRUARY 14, 2019

Cloud-based accounts payable solution provider Esker is teaming up with document services unit Fuji Xerox to deploy accounts payable solutions across the Asia Pacific region, the companies announced on Wednesday (Feb. Moving forward the firms will expand the offering to Australia, Hong Kong and Singapore.

Accounts Payable 43

Accounts Payable Accounting Invoicing Construction 43

The Charity CFO

JULY 19, 2024

When most people think of an organization’s financial department, they think of accountants. Bookkeepers, accountants, and Chief Financial Officers (CFOs) all serve critical roles in managing an organization’s finances. What is an Accountant? Accountants run reports to help determine if the bookkeeping is done correctly.

CFO 52

CFO Accounting Nonprofit General Ledger 52

PYMNTS

FEBRUARY 6, 2018

Most companies today have at least some kind of automation in place within the accounts payable (AP) department. Automation in accounts payable can go a lot further, though, he said. uses in its accounts payable tool, FS2, to automate invoice processing, payments procedures and fraud analysis.

Accounts Payable 40

Accounts Payable Accounting Invoicing Analyzing Data 40

https://trustedcfosolutions.com/feed/

OCTOBER 3, 2022

Many growing businesses have recognized and harnessed the benefits of outsourcing their accounting services. Rather than hiring full or part-time accountants or bookkeepers as permanent staff members, it often makes more sense to simply outsource —from both a monetary and scaling perspective. Up-to-Date Software & Technology.

Accounting Firms 70

Accounting Firms Accounting Accounts Payable CFO 70

Boston Startup CFO

APRIL 3, 2023

Financial accounting: A topic that can easily disorient even the most driven entrepreneurs. As a trailblazer exploring unknown territories, you must equip yourself with the appropriate knowledge and tools to make educated decisions that guide your enterprise towards success.

Accounting 52

Accounting Accounting Principles GAAP Startups 52

CFO Share

MARCH 2, 2023

Accounts payable is the most common source of fraud in a small business. Both internal accountants and external hackers target weak AP processes to steal money since it is the business process most vulnerable to fraud. What are some of the common fraud attempts in accounts payable?

Invoicing 52

Invoicing Accounts Payable Auditing Education 52

The Charity CFO

APRIL 25, 2024

For nonprofit organizations, accounting comes with a lot of complexity. Instead of slow, paper-driven, backward-looking accounting, these organizations are moving quickly through digital integrations allowing them to focus on their core responsibilities. What is the actual goal in a nonprofit accounting setup?

Nonprofit 52

Nonprofit Accounting CFO Auditing 52

CFO Share

JULY 16, 2024

A controller primarily oversees accounting processes, ensuring accurate financial records and compliance with regulations. Education and Experience Controllers typically have an accounting degree supplemented with an optional CPA or CMA and 10+ years of experience in managerial accounting.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) CFO Compliance General Ledger 98

PYMNTS

FEBRUARY 15, 2019

The higher education sector is facing rising pressure to manage spend, as operating costs climb and organizations face greater scrutiny over tuition levels. ” Analysis from the American Association of State Colleges and Universities (AASCU) has confirmed that organizations in the higher education sphere have deeper goals.

Education 49

Education Accounts Payable Reconciliations Prioritization 49

CFO Simplified

JUNE 23, 2022

It’s not unusual in a small company for the accounting manager to become the controller and then become the CFO. But without the requisite education, mindset, and experience, just having more years on the job doesn’t prepare the person for that role. Reconciles the bank accounts. Codes and processes Accounts Payable invoices.

CFO 96

CFO Cash Flow Forecasting Accounts Payable Forecasting 96

Future CFO

JULY 16, 2021

Customer service doesn’t stop when companies are dealing with outstanding customer accounts. Whether escalating outstanding accounts to third-party collections agencies or managing receivables in-house, AR teams must emphasise customer experience throughout the entire collections process. appeared first on FutureCFO.

Accounting 52

Accounting Accounts Payable Communication Invoicing 52

PYMNTS

SEPTEMBER 17, 2020

This week's roundup of the convergence of accounts payable (AP) and accounts receivable (AR) takes a look at how B2B payments solution providers are considering both buyers and suppliers as a result of the pandemic. PayMyTuition Meshes Education Vendor Management With AP. Versapay Eases Payment Pain With AR Tool.

B2B 92

B2B Vendor Management Marketing Accounts Payable 92

PYMNTS

FEBRUARY 24, 2020

For the accounts payable (AP) and enterprise resource planning (ERP) automation space, it’s no longer business as usual. Oracle Bets On Education-Centric Integration Strategy In Cloud Computing Race. Growth encouraged the media company to switch to automated processes. About The Tracker.

Accounts Payable 89

Accounts Payable Invoicing Education Reconciliations 89

PYMNTS

OCTOBER 21, 2020

With the new funding, Finexio is looking at continuing to streamline and optimize the last mile of the corporate accounts payable process. The company primarily represents customers in the fields of hospitality, higher education and business service verticals.

Accounts Payable 95

Accounts Payable Education Finance Investments 95

PYMNTS

SEPTEMBER 15, 2020

The technology takes on the task of handling international business payments with a complete offering that will directly connect with an educational institution’s enterprise resource planning (ERP) system, according to a Tuesday (Sept. 15) announcement.

B2B 70

B2B Vendor Management Accounts Payable Education 70

Strategic Treasurer

JULY 7, 2022

Proper prioritization requires insights, and insights require visibility across cash, accounts receivable, inventory, and accounts payable. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit.

Accounts Payable 93

Accounts Payable Prioritization Leadership Education 93

PYMNTS

NOVEMBER 3, 2020

3) that it has completed its multimillion-dollar acquisition of CPS Payment Services , a B2B payments and accounts payable (AP) automation technology provider. Repay Holdings said on Tuesday (Nov. We are thrilled to announce the quick completion of the CPS acquisition,” Morris said in a press release.

Accounts Payable 56

Accounts Payable Reconciliations B2B Concentration 56

PYMNTS

DECEMBER 29, 2020

Now, with electronic processes in place in accounts payable (AP) and accounts receivable (AR) departments, businesses are in a more strategic position than ever before to elevate workflows and strengthen B2B relationships. B2B payments are messier than B2C payments," said Chanda.

B2B 114

B2B Reconciliations Accounts Payable Invoicing 114

PYMNTS

JANUARY 28, 2020

Many accounts payable (AP) professionals turning to electronic payments to streamline their companies’ payment processes — specifically, how they pay invoices from suppliers — are putting virtual cards at the top of their lists, and for good reason. Across The Next-Gen AP Automation Space. A recent report by PYMNTS found that 46.4

Accounts Payable 57

Accounts Payable Banking Invoicing B2B 57

CFO Share

APRIL 11, 2024

Counter-intuitively, an outsourced bookkeeping service reduces the risk of fraud by adding more oversight and best-practices to your accounting processes. Beyond security, there are other reasons “do it yourself accounting” hurts your business. The entry-point for hackers – your vendor’s email accounts – are beyond your control.

Securities 52

Securities CFO Invoicing Education 52

PYMNTS

OCTOBER 4, 2019

As part of that awareness, companies across all industries are realizing the strategic value of accounts payable (AP) automation and developing an understanding of emerging technology like artificial intelligence (AI) that plays a critical role in AP automation solutions.

Technology 56

Technology Accounts Payable Invoicing Education 56

PYMNTS

OCTOBER 22, 2020

Billtrust CEO and Founder Flint Lane highlighted three shifts in particular that are igniting major change in the industry: first, the accelerated digitization of accounts receivable (AR) and accounts payable (AP). Fostering Education. But further education is needed, said Lane. We've become educated," he said.

B2B 89

B2B Education Reconciliations Accounts Payable 89

PYMNTS

JULY 16, 2018

Accounts payable (AP) automation offers lofty promises to the enterprise: nix paper, save money, cut out inefficiencies and provide more time for executives to focus on strategic tasks. “I’ve watched companies transform accounts payable from a cost center to a profit center,” he said.

Accounts Payable 41

Accounts Payable Invoicing Education Accounting 41

PYMNTS

OCTOBER 8, 2019

Accounts payable (AP) departments all too often employ inefficient processes that slow down workflows, and delay supplier payments. Bank customers of accounting software solutions provider BankTEL Systems , for instance, will soon get new AP capabilities. Find the story in the Tracker. Read the full Deep Dive in the Tracker.

Accounts Payable 54

Accounts Payable Banking Invoicing Education 54

PYMNTS

AUGUST 22, 2019

To help deter fraud, AvidXchange Chief Information Security Officer and SVP of Technology Operations Christina Quaine told PYMNTS in an interview that “education with our customer base” is key – as is education for its employees. If it smells fishy, she noted, it probably is.

Accounts Payable 57

Accounts Payable Education Securities Invoicing 57

PYMNTS

APRIL 30, 2019

These cases include individuals and family offices with business-sized needs, with business-sized challenges in accounts payable, expense management and payroll. So, educating them on the risks of not having [staff] on payroll is very eye-opening for these clients.”

Corporate Finance 61

Corporate Finance Accounts Payable Finance Invoicing 61

PYMNTS

NOVEMBER 13, 2019

In the drive to manage accounts payable (AP) more efficiently, buyers can not only optimize their own working capital, they can help suppliers, too. Wardwell said bringing all invoices — regardless of format — onto a single platform gives the buyer a more holistic view of payables and cash flow. The Digital Roadmap.

Accounts Payable 46

Accounts Payable Invoicing Reconciliations Accounting 46

PYMNTS

SEPTEMBER 21, 2018

While that may be true, in the real estate sector, suppliers are considered such valuable partners that late payments are avoided at all costs, said Jennifer Coolidge, founder and president of real estate accounts payable (AP) solution provider Nexus. “It gets pretty powerful for both buyer and supplier,” said Coolidge.

Accounts Payable 53

Accounts Payable Invoicing B2B Accounting 53

CFO Share

MAY 10, 2024

These forecasts align well with their strengths including: Extremely detailed and accurate Highly transactional Rigorously executed in the same processes every week Short-term focused Avoid long-term strategic planning with your bookkeeper if they are not educated in such tasks. List All Accounts Payable (AP) Due by Week (bookkeeper).

Forecasting 52

Forecasting Cash Flow Forecasting Invoicing Accounts Payable 52

PYMNTS

FEBRUARY 25, 2020

Businesses looking to adopt cloud-based ERP solutions can run into a number of logistical, organizational and even social hurdles that can slow or even halt such systems’ successful integration into companies’ broader accounts payable (AP) operations.

Accounts Payable 61

Accounts Payable Invoicing Education Finance 61

CFO Simplified

DECEMBER 26, 2021

It’s easy to grow without noticing that your finance and accounting department is stretched far too thin. From overworked staff accountants to controllers running month-end closes, a poorly structured finance, and accounting department can put strains on your business’ growth. Roles and Responsibilities. Company Size.

Finance 52

Finance General Ledger CFO Auditing 52

PYMNTS

DECEMBER 12, 2018

Accounts receivable executives told researchers that they anticipate ACH to make up 45 percent of the payments they receive by 2020, while checks will decline to 34 percent. “That’s what we want, and what our clients want,” Rolfson recently told PYMNTS about the promotion of electronic rails in accounts payable.

Accounts Payable 56

Accounts Payable B2B Education Accounting 56

The Charity CFO

MAY 18, 2022

But when public funds are at risk (in the form of donations and grants ) an accountability system must be employed to ensure funds are used appropriately. The board of directors is the core element of this accountability system. Instead, it’s your responsibility to educate yourself on the basics of financial management and oversight.

Nonprofit 105

Nonprofit Auditing Compliance Budgeting 105

PYMNTS

DECEMBER 5, 2019

The latest evolution of commercial card technology, however, aims to position cards as a digital tool for accounts payable teams to make supplier payments. Undoubtedly, the biggest hurdle in commercial card adoption in accounts payable is vendors’ reluctance to accept the interchange fee associated with receiving payments.

Accounts Payable 53

Accounts Payable B2B Reconciliations Accounting 53

PYMNTS

JUNE 21, 2016

The B2B payments space has seen significant growth thanks to developers that often focus either on the accounts receivable or accounts payable side of cash management. The companies added that they will immediately launch an educational service for Billtrust customers to learn about AvidXchange’s offerings.

Accounts Payable 43

Accounts Payable Invoicing B2B Cash Management 43