PYMNTS

MARCH 31, 2020

To make the complete payables process smarter, global payables automation company Tipalti unveiled its Tipalti Pi integrated payables intelligence engine, according to a press release. The solution identifies fraud and risk, bolsters decision making, automates manual work and eliminates accounts payable (AP) process errors.

Accounts Payable 53

Accounts Payable General Ledger (GL) Accounting General Ledger 53

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

MARCH 10, 2017

The company said this week that it will roll out an accounts payable solution using a virtual card payment method, a solution, Edenred noted, that “offers security, speed and traceability” for easier supplier payments and reconciliation.

Accounts Payable 55

Accounts Payable Accounting Reconciliations Finance 55

The Charity CFO

OCTOBER 9, 2024

One of the most sought-after tools is a platform or software to integrate your fundraising and accounting data seamlessly. This makes it challenging to create technology that tracks data for fundraising purposes while still following accounting principles. So why does it seem so hard to find this unicorn platform?

Accounting 52

Accounting GAAP Nonprofit Accounting Principles 52

PYMNTS

JULY 3, 2018

New research suggests a vast divide between businesses that have embraced technology and electronic processes in the accounts payable department and businesses that instead prefer to retain those paper invoices and checks. While the gap is wide, researchers noted overall improvement in the perception of the accounts payable department.

Accounts Payable 41

Accounts Payable Accounting Invoicing Reconciliations 41

PYMNTS

AUGUST 30, 2017

American Express is continuing its ongoing efforts to encourage businesses to pay suppliers with commercial cards in its latest accounts payable partnership. This integration allows companies to electronically pay suppliers right from their accounting software in RegalPay, simplifying and streamlining their B2B payments process.”.

Accounts Payable 43

Accounts Payable Accounting Reconciliations B2B 43

PYMNTS

JULY 12, 2019

Order-to-cash solutions provider Billtrust has added Priority Commercial Payments to its Business Payments Network (BPN) to streamline B2B payments reconciliation, the companies said in a press release this week. Acquirers and accounts receivable platforms can also connect to the network to capture transaction data for end-users.

Reconciliations 51

Reconciliations B2B Accounts Payable Accounting 51

PYMNTS

MAY 2, 2018

With so many payment rails – and with buyers and suppliers in so many different places on their digital transformation journeys – how can a company’s accounts payable department ensure that vendor relationships remain strong, while navigating differing payment needs? The solution is going to optimize payment methods.

Accounts Payable 46

Accounts Payable Accounting Invoicing B2B 46

PYMNTS

MAY 10, 2017

CSI globalVCard said Tuesday (May 9) that it struck a partnership with Visa to integrate Visa Payables Automation into the CSI globalVCard pay system Payables platform, enabling issuers of Visa cards to link their own corporate customers to the combined accounts payable offerings of both Visa and CSI globalVCard.

Accounts Payable 43

Accounts Payable Accounting Benchmarking Reconciliations 43

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.

Accounting 72

Accounting Accounts Payable Invoicing General Ledger 72

FISPAN

OCTOBER 17, 2023

FISPAN and Sage partner to help businesses remove complexity from their accounts payable and reconciliation processes by integrating banking directly into their Sage Intacct ERP system.

Accounts Payable 59

Accounts Payable Reconciliations Banking Accounting 59

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

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

PYMNTS

SEPTEMBER 17, 2019

SMBs using the WePay platform can now see funds deposited into their Chase bank accounts the same day without extra fees, a feature resulting from JPMorgan ’s acquisition of WePay in late-2017. JPMorgan Chase announced a collaboration with WePay last week to enable faster deposits for small business joint customers.

Accounts Payable 43

Accounts Payable B2B Accounting Invoicing 43

PYMNTS

FEBRUARY 19, 2018

Travel booking company Webjet , based in Australia, has launched a blockchain solution for the hotel industry to manage reconciliation in hotel distribution.

Reconciliations 43

Reconciliations B2B Accounts Payable Invoicing 43

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.”. The Outsourcing Decision.

Accounting 74

Accounting Invoicing Reconciliations B2B 74

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

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

CFO Share

JUNE 18, 2024

Be Selective with Software Integrations In today’s digital landscape, nearly every software offers integrations with accounting platforms. While it might seem easier and more accurate to integrate everything, the truth is most accounting integrations are unnecessary or burdensome.

General Ledger 105

General Ledger CFO Accounts Payable Financial Data 105

Future CFO

AUGUST 1, 2023

According to IDC's 2023 Future SMB and Midmarket Survey , 50% of surveyed respondents (driven by SMBs) in Asia/Pacific state that they will automate their financial and accounting processes through cloud applications in the next 18 months. "As

Invoicing 98

Invoicing General Ledger Reconciliations Budgeting 98

PYMNTS

FEBRUARY 1, 2021

Smooth accounts payable and receivable processes depend on the ability to easily access, manage and interpret payments data, but complex workflows and old-school tools can get in the way. Reconciliation Challenges. Call For Integrations.

Accounts Payable 93

Accounts Payable Reconciliations Invoicing Treasury 93

CFO Share

SEPTEMBER 27, 2022

Unfortunately, accounting processes are more complex than fixing your truck, and while many businesses benefit from hiring in-house accounting and bookkeeping, others do not. Knowing which category your business fits in is critical to deciding whether or not to hire in-house for accounting and bookkeeping. .

Accounting 40

Accounting Accounts Payable Invoicing Reconciliations 40

PYMNTS

DECEMBER 16, 2020

Most companies in other industries have simpler accounts payable (AP) responsibilities because they only need to make B2B payments to several dozen regular vendors, but claims processors do not have that same certainty and stability. Benefits Of Virtual Cards.

Healthcare 81

Healthcare Accounts Payable Reconciliations B2B 81

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. Again, noted Fordyce, this can take many forms — from automating invoice reconciliation to addressing a user’s resource constraints.

Accounts Payable 127

Accounts Payable B2B Reconciliations Banking 127

PYMNTS

NOVEMBER 3, 2020

Palette Software has connected its accounts payable (AP) automation cloud technology with Aptean ERP , according to a Monday (Nov. With APS ClickToPay, companies can have customer invoices paid directly to accounts receivable. Palette Software Integrates With Aptean ERP For B2B AP Automation. 2) announcement.

Credit Risk 88

Credit Risk B2B Accounts Payable B2C 88

PYMNTS

MARCH 16, 2018

Australia’s Institute of Public Accountants (IPA) is urging its members to “future-proof” their businesses as the industry heads toward disruption. Further, industry trends have led the traditional accountant model to become “obsolete,” reports said, meaning accountants have to embrace the more strategic role of advisor. “By

Accounting 53

Accounting Accounts Payable Reconciliations Leadership 53

PYMNTS

NOVEMBER 6, 2018

American Express has struck a new partnership in its latest B2B payments push, announcing a collaboration with commercial payments firm WEX to support corporate use of virtual cards in accounts payable. The Synaptic solution enables companies to send payment instructions from their accounting systems to the AP platform.

Accounts Payable 71

Accounts Payable B2B Invoicing Reconciliations 71

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

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

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. Reconciliation also comes with the offering.

B2B 82

B2B Banking Accounts Payable Reconciliations 82

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

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. The CPS Payment Portal provides “workflow management and automation” for B2B payments, “from ERP integration to payment execution and reconciliation,” the companies noted.

Accounts Payable 56

Accounts Payable Reconciliations B2B Concentration 56

PYMNTS

OCTOBER 5, 2020

“The shift I have seen there,” she told PYMNTS of healthcare firms, “that was most effective is providers [the vendors] had their way of going through the process either from an [accounts payable] or [accounts receivable] perspective.”. Comdata, she said, has mimicked the flow from claims to invoice to payment to reconciliation.

Healthcare 130

Healthcare B2B Reconciliations Accounts Payable 130

PYMNTS

MAY 28, 2020

To automate accounts receivable (AR) for mid-sized companies, HighRadius has rolled out its RadiusOne A/R Suite. The company said that the suite “uniquely positions itself” in a market that is not well-served by providing a cash reconciliation app, eInvoicing and collections app.

Technology 52

Technology Reconciliations Accounts Payable Credit Risk 52

Spreadym

JULY 10, 2023

The financial close process, also known as the accounting close process or month-end close, is a series of steps undertaken by an organization to finalize its financial records for a specific accounting period. Deferrals, on the other hand, involve postponing the recognition of revenues or expenses to future accounting periods.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Reconciliations Accounts Payable General Ledger 52

PYMNTS

JANUARY 28, 2021

This week's look at the convergence between accounts receivable (AR) and accounts payable (AP) finds this tactic expanding in the corporate card arena, while another FinTech aims to boost cross-border payment traceability for both payer and payee. iBanFirst Boosts Payment Visibility For Buyers, Suppliers.

Accounts Payable 61

Accounts Payable Reconciliations B2B Accounting 61

Future CFO

OCTOBER 24, 2021

As a result, only the largest suppliers can access working capital solutions, while trillions of dollars are tied up in accounts receivable each year, the firm pointed out. The post Mastercard announces new supply chain finance offering appeared first on FutureCFO.

Finance 52

Finance Accounts Payable Reconciliations Accounting 52