PYMNTS

MARCH 18, 2020

Employing accounts payable (AP) automation solutions can help smooth onboarding and streamline the data collection and analyzing processes, removing the many friction points that are prone to legacy systems. How a business begins a relationship with a supplier can determine how lasting — and profitable — that bond becomes.

Accounts Payable 66

Accounts Payable Accounting Invoicing Data Analysis 66

Future CFO

AUGUST 14, 2024

Angeline Mesny Sanford , senior manager, channel marketing at Bottomline Technologies , says lessons on cost control that is back in fashion, not just in finance but across the business; digital processes and payments that need to be embraced, now more than ever; and transforming the way businesses pay suppliers must be properly looked into.

Accounts Payable 52

Accounts Payable Accounting Finance Invoicing 52

CFO Plans

OCTOBER 29, 2024

This article explores effective strategies for accounts receivable and payable management, offering actionable insights to enhance financial stability and promote growth. Improving Liquidity through Accounts Receivable Efficiency Optimizing accounts receivable efficiency is crucial for improving liquidity.

Accounts Payable 52

Accounts Payable CFO Budgeting Invoicing 52

PYMNTS

MARCH 10, 2020

Thanks to this integration, we can reach the SME market — the core target market for the Cegid XRP Flex offer. Laurent Leenhardt, executive director, ERP market at Cegid, said the partnership would be beneficial to both companies. “We It’s a win-win relationship.”.

Accounts Payable 69

Accounts Payable Accounting Invoicing Technology 69

https://trustedcfosolutions.com/feed/

FEBRUARY 12, 2023

Businesses operate similarly, requiring a toolbox of strategic sales pitches, marketing efforts, and accurate financial analyses to continue on the right track. That’s why dashboards are quickly becoming one of the most powerful and streamlined approaches to strong accounting. How Can a Dashboard Strengthen Accounting?

Accounting 105

Accounting Accounts Payable Finance Financial Reporting 105

https://trustedcfosolutions.com/feed/

MAY 27, 2022

Owning a restaurant chain or several restaurant franchises can be challenging when it comes to accounting and being able to consolidate all your reporting and records. There are a lot of accounting solutions on the market but only one that can provide you with all the information you need to make those critically important growth decisions.

Accounting 108

Accounting General Ledger Accounts Payable Cash Management 108

PYMNTS

FEBRUARY 26, 2020

That means emerging services are multitasking, easing friction for both accounts payable and accounts receivable. Below, PYMNTS explores the latest initiatives and finds that innovators are looking at the accounts receivable side to tackle accounts payable friction. Tipalti Reallocates The Workload.

Accounts Payable 72

Accounts Payable Accounting Invoicing General Ledger 72

PYMNTS

DECEMBER 14, 2020

Amid market volatility, organizations are finding it imperative to accelerate their accounts receivables while extending accounts payables and still maintaining positive buyer-supplier relationships. Most of the companies I talk to in the middle market will use one of the big ERPs and invariably pull the data into Excel.

Accounts Payable 123

Accounts Payable Cash Flow Forecasting Invoicing Prioritization 123

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

DECEMBER 28, 2020

Nacha is issuing a warning to accounts payable professionals with regards to the rising threat of fraud. But accounts payable is far from the only back-office financial workflow at risk of fraud. While current fraud tools are helpful, there is no systemic or automated option for accomplishing this," Nacha warned.

B2B 116

B2B Accounts Payable Invoicing Manufacturing 116

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. NexusPayments Tackles Real Estate Supplier Adoption. Versapay Eases Payment Pain With AR Tool.

B2B 92

B2B Vendor Management Marketing Accounts Payable 92

PYMNTS

AUGUST 19, 2020

With B2B payments being an increasingly attractive target for innovators, the landscape is growing crowded as more banks and FinTechs roll out their accounts payable (AP) automation solutions. Offering competitive pricing is critical in today’s market, as businesses’ budgets are growing tighter.

Accounts Payable 127

Accounts Payable B2B Reconciliations Banking 127

PYMNTS

NOVEMBER 26, 2019

Accounts payable (AP) automation is beneficial, and even necessary, for many businesses still bogged down by paper. Part of that journey includes a focus on vendors’ accounts receivable (AR) challenges, which is crucial to finding success with newly-implemented AP tools. Tipalti Collaborates To Ease Vendor Acceptance.

Accounting 64

Accounting Accounts Payable B2B Reconciliations 64

Future CFO

JULY 21, 2021

This touches on both accounts receivables and accounts payables of their business cycle. Having been in the industry for more than 25 years, he stressed even before the pandemic there was already a lot of inefficiencies in existing business processes, including how they manage receivables and payables.

Accounts Payable 95

Accounts Payable Finance Communication Accounting 95

PYMNTS

JUNE 25, 2020

As accounts payable (AP) and accounts receivable (AR) operations continue to converge for many organizations, buyers and suppliers are increasingly acknowledging the value of using each other’s technology platforms to promote stronger B2B relationships. Peasy recently launched in the U.K.

Invoicing 112

Invoicing Accounts Payable B2B Currencies 112

PYMNTS

FEBRUARY 28, 2020

One of the latest FinTech firms to do so is accounts payable (AP) automation company Centsoft , which recently announced a data integration with QuickBooks Online. It’s one thing to enable two B2B FinTech platforms — like an accounts payable and accounting platform — to share data with each other.

Accounts Payable 83

Accounts Payable Banking Invoicing B2B 83

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. PYMNTS And CSI Eye AR-AP's Digital Shift. Robotics Process Automation Tackles AR-AP Friction.

Accounts Payable 79

Accounts Payable B2B Invoicing Accounting 79

PYMNTS

SEPTEMBER 29, 2020

Reports said that the legislation aims to also provide greater efficiency to address market fragmentation, with current financial service providers working with cryptocurrencies often operating in only one member state. The future of finance is digital,” said Valdis Dombrovskis , the panel’s executive vice president.

B2B 129

B2B Accounts Payable B2C Currencies 129

PYMNTS

DECEMBER 13, 2020

This is a huge step in our mission to simplify [accounts payable (AP)] payments for Microsoft technology users and to successfully support our shared customer and partner base," Rolfson said, according to the release.

B2B 97

B2B Accounts Payable Accounting Finance 97

PYMNTS

NOVEMBER 3, 2020

Bloomberg is providing the data in the current global economic crisis to aid the markets with ready, accessible information that is timely and transparent for active credit assessments and predictive models to assess the volatility of the current market. Palette Software Integrates With Aptean ERP For B2B AP Automation.

Credit Risk 88

Credit Risk B2B Accounts Payable B2C 88

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. Reconciles the bank accounts. Codes and processes Accounts Payable invoices. Issues Accounts Payable checks. Calculates and enters payroll. Provides reporting to banks.

CFO 96

CFO Cash Flow Forecasting Accounts Payable Forecasting 96

PYMNTS

MARCH 3, 2020

It’s not difficult for a supplier to tell when accounts receivable (AR) processes are not optimized. Many sellers have a broken internal process to increase a credit line , so they set that limit as high as possible, so they don’t have to revisit the account later.”. Invoice-to-Cash Optimization.

Accounting 74

Accounting Invoicing Reconciliations B2B 74

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. SnapAP works on solutions to streamline the Procurement to Payment workflow for mid-tier and enterprise market clients.

Accounts Payable 79

Accounts Payable Invoicing Manufacturing Leverage 79

CFO Talks

JANUARY 8, 2025

For example, working with marketing on campaign budgeting can teach them how finance impacts other areas of the business. Allowing someone who primarily works in accounts payable to gain experience in forecasting or treasury provides them with a broader understanding of finance operations.

Finance 52

Finance Budgeting Problem Solving Accounts Payable 52

PYMNTS

MARCH 26, 2020

Acknowledging that delayed and late B2B payments is not solely caused by poor payment behavior on the customer’s end is an important piece of optimizing the accounts receivable (AR) process, according to Alex Louisy, co-founder and CEO of France-based FinTech Upflow , who said that the notorious spreadsheet is often to blame.

B2B 72

B2B Accounting Invoicing Accounts Payable 72

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

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. Finexio already has 400 customers and $4 billion in annual spending on AP processes.

Accounts Payable 95

Accounts Payable Education Finance Accounting 95

PYMNTS

DECEMBER 7, 2020

Some studies show that 80 percent of all buyer-supplier transactions could be digital by 2025, in fact, increasing the pressure on businesses to adopt digital B2B solutions — or lose their competitive edge in the rapidly shifting market. About The Playbook.

B2B 107

B2B Accounts Payable Accounting Accounting Firms 107

Future CFO

MARCH 16, 2022

Hexamatics Servcomm , an HR and business process service provider headquartered in Malaysia, decided at the onset of the current pandemic to automate its operational account and control (OAC) function, which has been crucial in reducing daily operation time by 50% to 60%. For each process, we create an SOP.

Finance 98

Finance Accounts Payable Invoicing Compliance 98

PYMNTS

APRIL 14, 2020

Some food providers are cracking into their inventory storages to release more items to market — such as supplies of frozen chicken — and are increasing factory hours to produce more items like hot dogs. Supermarket companies are also working out new arrangements with their suppliers to be able to sate soaring customer demand.

Accounts Payable 119

Accounts Payable B2B Transportation Manufacturing 119

PYMNTS

APRIL 24, 2020

With social distancing and an economic downturn the new reality for many markets around the world, venture capital is expected to slow significantly. Plus, an accounts payable technology company announced a $127 million equity round. B2B FinTech investments appear to be relatively strong, too. KarbonCard. million in new funding.

B2B 77

B2B Accounts Payable Startups Invoicing 77

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

DECEMBER 30, 2020

The shift toward contextual banking has a tailwind in place as the financial institutions (FIs) that have been market leaders have been seeing strong deposit growth — and as corporate customers are growing those balances, they want to be able to see their account activity and cash balances visible within the same application on demand.

Banking 97

Banking Accounts Payable Treasury Reconciliations 97

PYMNTS

NOVEMBER 18, 2020

Specializing in B2B accounts receivable automation and integrated payments, Billtrust said its latest enhancements improve match rates while lowering the need for manual processing. That's important, not only to the accounts receivable team, but to any CFO or CEO needing to maximize cash flow and increase growth capacity," Pinato said.

B2B 102

B2B Accounts Payable Invoicing CFO 102

PYMNTS

JANUARY 6, 2021

ReadSoft Online, the release stated, is Kofax's Software-as-a-Service (SaaS) tool for invoice data extraction and automating accounts payable (AP) services. The two companies combined will offer a new service for AP departments to help reduce invoice processing time by as much as 80 percent, the release stated.

Accounts Payable 73

Accounts Payable Invoicing Compliance Finance 73

PYMNTS

MAY 12, 2020

To automate accounts payable (AP) procedures, Ephesoft, Inc. Ephesoft Founder and CEO Ike Kavas said in the announcement, “As companies look to reduce costs and move more transactions to the cloud, there is a market need for solutions that are highly scalable and have a quick time to value.”

Invoicing 68

Invoicing Accounts Payable Forecasting Accounting 68

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