CFO Share

MARCH 13, 2023

Managing accounts payable is critical for any business to maintain healthy cash flow and vendor relationships. Financial ratios are essential tools that help companies evaluate their financial performance, including their ability to manage accounts payable effectively. What is accounts payable in ratio analysis?

Accounts Payable 40

Accounts Payable Accounting Prioritization Healthcare 40

The Charity CFO

APRIL 5, 2022

If you’re like many people, you probably think that there is a single set of accounting rules that every company must follow. . But that’s not quite true—nonprofits face a decision between 2 different accounting methods for tracking their financial activity: cash accounting vs. accrual accounting.

Nonprofit 98

Nonprofit Accounting GAAP Auditing 98

Navigator SAP

JULY 1, 2022

Having said that, we recommend SAP Business ByDesign as the better investment for the vast majority of medium-sized business out there. Both consistently get top ratings, and both have a slew of glowing reviews from industry trade publications and users from the SME sector. Here are our reasons why. Canada, Australia, and Japan.

SAP 243

SAP Accounts Payable Accounting Standards Sales 243

The Charity CFO

FEBRUARY 25, 2022

If you’re brand new to nonprofit accounting, the Chart of Accounts might be the best place to start. Because even if you only have one bank account, bill, investment, or expense, you’ll need one. What is a Chart of Accounts? How to Organize a Nonprofit Chart of Accounts . Account Description.

Nonprofit 98

Nonprofit Accounting Accounts Payable GAAP 98

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

JULY 17, 2020

Several B2B FinTechs topped the list in Q2, however, including commercial card startup Brex, which raised $150 million, as well as global business account service provider Airwallex with $160 million and small business alternative lender Fundbox with a $200 million raise — the largest of the quarter. TradeDepot. ’s Ravelin secured $20.6

B2B 90

B2B Investments Accounts Payable Startups 90

PYMNTS

NOVEMBER 26, 2019

Accounts payable (AP) automation is beneficial, and even necessary, for many businesses still bogged down by paper. While nearly half of AP departments surveyed said reporting and data analytics are top priority, many teams struggle to accurately assess the return on investment (ROI) of AP technology.

Accounting 64

Accounting Accounts Payable B2B Reconciliations 64

PYMNTS

DECEMBER 22, 2020

This week's look at the convergence of accounts payable and accounts receivable finds tools like commercial cards, trade credit, artificial intelligence and robotics process automation easing friction on both ends of a B2B transactions. said they are focusing their automation investments on AR and AP.

Accounts Payable 79

Accounts Payable B2B Invoicing Accounting 79

PYMNTS

APRIL 19, 2019

The big news in B2B FinTech investment this week came from Airbnb , which is bolstering its presence in the business travel market with new funding, while corporate card startup Brex also secured a prominent debt capital investment. The company said it plans to use the investment to further build out its lending operations.

B2B 69

B2B Investments Accounts Payable Benchmarking 69

PYMNTS

APRIL 24, 2020

funding to startups,” said Crunchbase data expert Gene Teare in an interview with the publication, which also pointed to Stripe’s recent $600 million investment as an example of the resiliency of the FinTech startup ecosystem. B2B FinTech investments appear to be relatively strong, too. million in new funding. AvidXchange.

B2B 77

B2B Accounts Payable Startups Invoicing 77

CFO Talks

JANUARY 8, 2025

Invest in Learning and Development Continuous learning is the backbone of growth. Allowing someone who primarily works in accounts payable to gain experience in forecasting or treasury provides them with a broader understanding of finance operations. It requires you to invest time, energy, and resources into their development.

Finance 52

Finance Budgeting Problem Solving Accounts Payable 52

PYMNTS

APRIL 3, 2019

Business payments company Bill.com has secured unicorn status and launched a partnership with Mastercard to accelerate accounts payable for joint business customers. The firms said businesses will be able to cut in half the time it takes to manage accounts payable.

Accounts Payable 73

Accounts Payable Valuation B2B Invoicing 73

PYMNTS

NOVEMBER 3, 2020

Firms can bolster risk management, loan and debt underwriting, portfolio optimization, supply chain risk management and investment idea generation, the release stated. Palette Software has connected its accounts payable (AP) automation cloud technology with Aptean ERP , according to a Monday (Nov. 2) announcement.

Credit Risk 88

Credit Risk B2B Accounts Payable B2C 88

PYMNTS

MARCH 5, 2020

The BOTs will allow procurement and accounts payable (AP) teams to automate tasks considered mundane or repetitive. He said the standout feature of the company’s product is the deep understanding the company has for the technology, as well as “significant focus and investment” in people, product and technology.

Accounts Payable 97

Accounts Payable Invoicing Technology Accounting 97

PYMNTS

JANUARY 13, 2021

The paper check, the paper invoice, slow accounts receivable (AR) processes and collecting on aging receivables can be difficult for even the most seasoned AR professionals. The problems are analog. But digital-era help is on the way. By leveraging this kind of intelligence, staff can be optimized,” Shields said of AI and other technologies.

Accounting 94

Accounting Invoicing B2B Treasury 94

PYMNTS

OCTOBER 21, 2020

The round was led by a strategic investment from Medalist Partners, a New York-based alternative credit manager. With the new funding, Finexio is looking at continuing to streamline and optimize the last mile of the corporate accounts payable process.

Accounts Payable 95

Accounts Payable Education Finance Accounting 95

PYMNTS

APRIL 17, 2020

With only four investment rounds, B2B FinTechs were able to secure more than $181 million in fresh funding — an impressive sum amid turbulent times. In a press release, Everee noted Origin Ventures and Signal Peak Ventures co-led the investment round, which will go towards product development and investments in sales and marketing.

B2B 77

B2B Accounts Payable Invoicing Investments 77

PYMNTS

DECEMBER 7, 2020

In Enabling B2B Payments For The Virtual Workforce , PYMNTS examines how the race is on to invest in B2B innovations that can help address false positives, shifting employee work habits or old-fashioned growing pains. Around The B2B Payments For The Virtual Workforce World. About The Playbook.

B2B 107

B2B Accounts Payable Accounting Accounting Firms 107

PYMNTS

JUNE 26, 2020

Made up of equity and debt, the investment was led by Tribe Capital, and existing backers Struck Capital, Y Combinator and angel investors also participated in the Series A investment. Utility account aggregation company Urjanet secured $14.65 million investment round this week. Based in France, Memo Bank announced a $22.5

B2B 115

B2B Startups Finance Accounts Payable 115

PYMNTS

FEBRUARY 6, 2019

This shift has been so acute that small business cloud accounting firm Xero is even petitioning the Oxford English Dictionary to change the definition of “accountant” to one that includes the word “advise.” Changing Demand. That demand for human talent, by the way, hasn’t decreased.

Corporate Finance 74

Corporate Finance Accounting Finance Accounts Payable 74

PYMNTS

NOVEMBER 24, 2020

There are hidden costs in accounts payable processes undertaken through traditional means – and some of those costs are not necessarily transparent. They might only pay once or very infrequently, so supplier onboarding is not a one-off investment either, it's an ongoing cost of maintaining supplier payments,” he told PYMNTS.

Accounting 72

Accounting Accounts Payable B2B Investments 72

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

MARCH 6, 2020

FinTechs are helping banks focus on the customer experience through accounts payable (AP) automation. And Adams notes it’s not the technology: he says the firm is investing tremendous time and money in the people and the process. AvidXchange Senior Vice President of Financial Services Boyce Adams Jr.

Banking 100

Banking Accounts Payable Accounting Technology 100

PYMNTS

FEBRUARY 24, 2020

For the accounts payable (AP) and enterprise resource planning (ERP) automation space, it’s no longer business as usual. The report found that the key benefits enticing adopters to the cloud include faster returns on investment, quicker implementation processes and more affordable entry costs. About The Tracker.

Accounts Payable 89

Accounts Payable Invoicing Education Reconciliations 89

PYMNTS

NOVEMBER 16, 2018

By its very nature, accounts payable (AP) is a cost center: It’s where money leaves the enterprise, after all. At the highest levels, accounts payable has the opportunity to even add money to businesses, too. “It’s about having a strong business case internally.”

Accounts Payable 63

Accounts Payable Invoicing Accounting Corporate Finance 63

CS Lucas

APRIL 28, 2023

This article will cover the information exchanged between CS Lucas and the accounting (Enterprise Resource Planning) system, as well as the methods employed to facilitate this exchange. CS Lucas provides users with the flexibility to choose from various accounting treatments, which are specified in the user guide [ [link] ].

Accounting 52

Accounting General Ledger Accounts Payable Foreign Exchange 52

PYMNTS

OCTOBER 14, 2020

Community banks and regional banks will be able to immediately offer a platform under their own brands, enabling their business clients to automate their accounts payable (AP) through the RegalPay One application without making a large technology investment, according to the announcement. In September, MineralTree Inc.

B2B 82

B2B Banking Accounts Payable Reconciliations 82

PYMNTS

SEPTEMBER 4, 2019

But even as FinTechs introduce solutions — from early payment discount programs to accounts receivable (AR) automation platforms — days sales outstanding (DSO) can continue to rise for many businesses. The AR-Cash Flow Connection. But that data is siloed and often unstructured. The Financial Consequences.

Cash Flow Forecasting 61

Cash Flow Forecasting Accounting Forecasting Accounts Payable 61

PYMNTS

JUNE 20, 2019

In accounts payable and accounts receivable, rising fraud mitigation efforts may also lead to more false positives, leading to declined commercial card transactions, misplaced suspicion between buyers and suppliers, delays in invoice processing and more. The False Positive Threat.

B2B 73

B2B Accounts Payable Invoicing B2C 73

PYMNTS

DECEMBER 20, 2020

Snap Accounts Payable (SnapAP) has completed the first stage of a new funding round with help from a group of Israel-based angel investors, a press release says. The intent of the round is to help SnapAP on the first stage of its planned $2 million seed stage round.

Accounts Payable 79

Accounts Payable Invoicing Manufacturing Leverage 79

PYMNTS

OCTOBER 16, 2020

Venture capital funding landed at startups focused on accounts payable (AP) and cybersecurity this week — with one payables startup raising $23 million in funding. Venture capital funding landed at accounts payable (AP) and cybersecurity technology firms, among other innovators that raised money this week.

B2B 69

B2B Accounts Payable Management Consulting Startups 69

PYMNTS

JULY 29, 2019

The complexities of business transactions not only mean various financial functions, from accounts payable to payroll, are stuck in their own silos — it can often mean more silos within those disparate systems. Most enterprises … have many disparate systems, ranging from accounting to payroll to banking to taxes, etc.,”

Accounts Payable 73

Accounts Payable B2B Invoicing Accounting 73

PYMNTS

NOVEMBER 25, 2020

This could mean adopting new accounts payable (AP), accounts receivable (AR) and other treasury strategies and technologies, for example. This could encourage many firms to adopt these updates, with a survey of AP professionals finding 20 percent expect companies to invest more in AP automation going forward.

Invoicing 95

Invoicing Accounts Payable B2B CFO 95

PYMNTS

JULY 16, 2020

Commercial card innovation continues to make big waves in the accounts payable (AP) department, as corporates and card issuers alike explore new ways to drive business spend on cards beyond business trips or ad-hoc purchases. Accrualify Taps Visa For Corporate Card Offering.

Accounts Payable 64

Accounts Payable SAP B2B Invoicing 64

PYMNTS

DECEMBER 20, 2020

President David Disque called it a “key focus” for the company to help invest in media payments, which could boost speed and efficiency. Our goals are to enhance the customer’s experience and provide transparency and accountability on CSI’s efforts in an interactive way,” she said, according to the release. “We

B2B 77

B2B Investments Advertising Communication 77

PYMNTS

MAY 13, 2020

Accounts payable (AP) tools that provide quick, detailed oversights of businesses’ financial statuses and payments obligations can help pick up the pace of payments by keeping invoice approval processes on track. Deep Dive: Ho w AP Automation Enables More Informed Investment Decisions. Find the full story in the Tracker.

Invoicing 79

Invoicing Accounts Payable B2B Budgeting 79

PYMNTS

OCTOBER 9, 2020

The big B2B investment of the week was Tipalti , which landed $150 million in new funding on a $2 billion valuation. The valuation puts the accounts payable (AP) and mass payments company well into “unicorn” territory, meaning it is valued at over $1 billion. PYMNTS rounds up the latest funding rounds below.

Compliance 107

Compliance Auditing Accounts Payable Valuation 107