CFO Share

MARCH 31, 2023

The accounts payable aging (AP) report shows when and how much you owe vendors. Why is an Accounts Payable Report valuable? You can use the AP aging report to plan the use of cash by only paying the highest priority bills and delaying others if you have cash flow problems. How do you use an AP Aging Report?

Accounts Payable 52

Accounts Payable Accounting Prioritization Invoicing 52

Future CFO

JANUARY 26, 2024

The outcome is boosted efficiency, increased accuracy, cost reduction, and stronger supplier relationships—a game-changer in Accounts Payable that allows finance leaders to navigate uncertain economic conditions and elections with confidence. The post Transforming accounts payable operations through AI appeared first on FutureCFO.

Accounts Payable 52

Accounts Payable Cash Flow Forecasting Accounting Invoicing 52

Future CFO

APRIL 6, 2022

A common thread among these initiatives is the urgent shift to a more contemporary, digitally savvy, and data-driven accounts payable function. Making this goal a reality will require accounts payable departments to: Standardize processes Make greater use of emerging technologies Deliver more real-time operational insights.

Accounts Payable 52

Accounts Payable Accounting Finance Planning 52

Strategic Treasurer

APRIL 6, 2022

2022 Modernizing Accounts Payable Processing Survey Results. Description : This webinar discusses the accounts payable (AP) results from the 2022 Modernizing AP & AR Processing Survey. Learning Objectives : Consider the accounts payable (AP) results from the 2022 Modernizing AP & AR Processing Survey.

Accounts Payable 52

Accounts Payable Accounting Education Planning 52

PYMNTS

MARCH 10, 2020

We enable our network of distributors to better target their market with a richer offering and advanced technologies to help them achieve their growth plans.”. Esker is a referral partner in this future ecosystem, which we are building to be as close as possible to our customers’ needs.

Accounts Payable 69

Accounts Payable Accounting Invoicing Technology 69

Future CFO

MARCH 27, 2023

To curb rogue spending, businesses need to rethink how the accounts payable (AP) process can be improved. Even while enterprise resource planning (ERP) systems have been improving over the years to make the procurement and payment processes more seamless, much rogue spending or unexpected expenditure still slips through the cracks.

Accounts Payable 52

Accounts Payable Accounting Invoicing Compliance 52

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

Choosing an enterprise resource planning (ERP) software solution is a big decision. NetSuite practices a modular licensing approach in which many functions are considered add-ons that you have to pay extra to use—and many of these functions are quite basic, such as accounts payable scanning, Excel compatibility, and even telephone support.

SAP 243

SAP Accounts Payable Accounting Standards Sales 243

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

CFO Thought Leader

OCTOBER 29, 2024

Once the board approved the plan, Gronen led efforts to align sales teams and streamline processes. In just a few days, he and the leadership team developed a plan to reduce overlapping costs and improve operational efficiency. Gronen: Yooz is an AP (accounts payable) automation and payments company.

Mergers and Acquisitions (M&A) 52

Mergers and Acquisitions (M&A) CFO Finance Profit and Loss 52

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. The competition is undoubtedly heating up. Finally, addressing the unique pain points of each client is paramount to customer success. .

Accounts Payable 127

Accounts Payable B2B Reconciliations Banking 127

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. “The

Accounts Payable 95

Accounts Payable Finance Communication Accounting 95

CFO Talks

JANUARY 8, 2025

Understand Your Teams Starting Point Before planning for growth, its essential to know where your team currently stands. This understanding helps you identify training needs and create tailored development plans. Encourage scenario planning as part of your teams routine. Are there areas where they consistently excel?

Finance 52

Finance Budgeting Problem Solving Accounts Payable 52

Future CFO

FEBRUARY 27, 2022

Accounts payables (AP) is responsible for making sure the company’s bills are paid on a time. An organised accounts payables process ensures that invoices are tracked and paid properly, as well as avoiding missing payments or making a payment more than once. However, automating accounts can be a daunting project.

Accounts Payable 52

Accounts Payable Planning Invoicing Accounting 52

PYMNTS

DECEMBER 16, 2020

A growing number of businesses are therefore choosing to avoid so-called “fully insured” plans, instead electing self-funded health plans to save money. Patients may visit any of the thousands of providers included in their care plans’ networks, meaning claim processors need to be ready to promptly issue funds to any of these parties.

Healthcare 81

Healthcare Accounts Payable Reconciliations B2B 81

PYMNTS

DECEMBER 7, 2020

Digital B2B payments innovations as diverse as machine learning (ML) automation, cloud-based enterprise resource planning (ERP) systems and virtual cards are gaining unprecedented traction as businesses move to build sustainable B2B payments operations outside of th e office. Forty-five percent of all employed persons in the U.S.

B2B 107

B2B Accounts Payable Accounting Accounting Firms 107

PYMNTS

DECEMBER 13, 2020

Orlando, Florida-based B2B Payments-as-a-Service (PaaS) platform Finexio is expanding its reach in the enterprise resource planning (ERP) software space and will now be available on Microsoft AppSource via a direct integration for Microsoft Dynamics users, according to a press release.

B2B 97

B2B Accounts Payable Accounting Finance 97

PYMNTS

JULY 7, 2020

The companies noted that Oxbury, which secured its full banking license in early-2020 with plans for a full launch later this year, will focus its services on the agricultural food chain with lending and payments services. Oxbury will gain access to ClearBank’s clearing and payments capabilities, enabling the bank to gain access to U.K.

Banking 96

Banking Accounts Payable Treasury Finance 96

PYMNTS

NOVEMBER 3, 2020

Palette Software has connected its accounts payable (AP) automation cloud technology with Aptean ERP , according to a Monday (Nov. Enterprise business software firm Aptean offers targeted enterprise resource planning (ERP), compliance and supply chain management solutions to firms throughout the globe, according to the announcement.

Credit Risk 88

Credit Risk B2B Accounts Payable B2C 88

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

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.”.

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. 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

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

APRIL 24, 2020

Plus, an accounts payable technology company announced a $127 million equity round. In France, Libeo , which offers invoice processing automation technologies for small businesses in need of accounts payable optimization, secured $4.32 B2B FinTech investments appear to be relatively strong, too. KarbonCard. AvidXchange.

B2B 77

B2B Accounts Payable Startups Invoicing 77

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.

Accounts Payable 95

Accounts Payable Education Finance Accounting 95

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. Remittance information and payments may travel across separate channels, while other companies still run on older enterprise resource planning (ERP) solutions.

Accounting 94

Accounting Invoicing B2B Treasury 94

Future CFO

OCTOBER 2, 2024

As the landscape of artificial intelligence adoption in accounting evolves, it is noted that there is no single approach being taken. According to the Association of Chartered Certified Accountants , as organisations are at various stages of AI integration, there is no single application that the majority of sectors are pursuing.

Accounting 52

Accounting Data Analysis Accounts Payable Auditing 52

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

The Finance Weekly

NOVEMBER 8, 2022

From accounting and payroll management to budgeting and forecasting, finance is the reason and numbers behind every bit of data that passes through the organization. The second option provides better priced plans and/or caters to different target audiences to ensure there will be a good option for any size or type of business.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Finance Accounts Payable Invoicing 98

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

https://trustedcfosolutions.com/feed/

JULY 19, 2022

QuickBooks is recognized for being a great basic accounting tool, and it is used by a lot of small businesses because it is user-friendly and affordable. Still, it is not an accounting solution that can handle business processes apart from financials. It is not a full enterprise resource planning solution.

Accounts Payable 113

Accounts Payable Auditing Accounting Securities 113

PYMNTS

FEBRUARY 24, 2020

For the accounts payable (AP) and enterprise resource planning (ERP) automation space, it’s no longer business as usual. This month’s Deep Dive explores how speedy cloud-based automation software adoption is promoting healthy business growth. About The Tracker.

Accounts Payable 89

Accounts Payable Invoicing Education Reconciliations 89

PYMNTS

MAY 12, 2020

To automate accounts payable (AP) procedures, Ephesoft, Inc. Semantik Invoice takes important information from invoices and brings the data into enterprise resource planning (ERP), robotic process automation (RPA), enterprise content management (ECM), workflow systems and other business technologies for “downstream processing.”

Invoicing 68

Invoicing Accounts Payable Forecasting Accounting 68

PYMNTS

APRIL 17, 2020

Venture capitalists focused their support on corporate lending, payroll and accounts payable technologies, but it was a cross-border B2B payments company that landed the lion’s share of this week’s VC funding. Cerebro Capital. For exceptions, the platform routes the document for human intervention.

B2B 77

B2B Accounts Payable Invoicing Investments 77

PYMNTS

OCTOBER 5, 2020

In the bid to streamline payments, she said, companies such as Comdata can examine which enterprise resource planning (ERP) systems its client firms are using, “and we pull in existing customers that have those same systems and have embraced FinTech organizations — and they can collaborate in a bid to transform how payments get done.”. “The

B2B 130

B2B Healthcare Reconciliations Accounts Payable 130

PYMNTS

MARCH 4, 2020

The enterprise resource planning ( ERP ) system has been a staple of corporate finance operations for years, acting as a central repository of data and a hub to initiate a range of processes, from accounting to procurement. Efforts to modernize procurement and accounts payable are also opportunities for data integration with the ERP.

Cash Flow Forecasting 104

Cash Flow Forecasting Accounts Payable General Ledger Corporate Finance 104

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