PYMNTS

MARCH 11, 2020

Accounts receivable (AR) is a function that spreads across multiple tasks of an enterprise, from corporate finance to sales teams and vendor relationship management initiatives. As B2B payments in the U.S. Yet AR has widely been viewed as a friction-filled manual task that doesn’t add value to the organization.

Corporate Finance 52

Corporate Finance Accounting Finance Invoicing 52

PYMNTS

SEPTEMBER 12, 2016

The corporate finance space is in flux, but how it’s changing depends on the market in which you stand. PYMNTS takes a quick trip across the globe to explore business finance trends in the U.K., 40% of Singapore SMEs don’t have access to a bank loan , despite accounting for 47 percent of the nation’s GDP.

Corporate Finance 73

Corporate Finance Finance Banking Marketing 73

PYMNTS

MARCH 8, 2019

This week’s B2B Venture Capital roundup shows FIs are placing funding with their FinTech partners, too, including Nationwide and HSBC U.K., investing money in B2B FinTechs disrupting their industries. In total, more than $732 million was raised by B2B FinTechs this week. 10x Future Technologies. Betterworks.

B2B 72

B2B Banking Startups Investments 72

PYMNTS

JANUARY 25, 2019

Companies must not only integrate solutions that can connect to their customers’ operations (for instance, a B2B supplier could gain a competitive edge if they were able to automatically provide a customer with remittance data following payment), but work to ensure financial technologies are interconnected.

Corporate Finance 69

Corporate Finance Finance Accounts Payable Communication 69

PYMNTS

DECEMBER 28, 2018

In B2B payments and corporate finance, it wasn’t only bank-FinTech collaboration that made headlines in 2018. Here are some of the biggest stories of B2B payments collaboration from 2018. Last June, the company announced a partnership with B2B eCommerce platform Handshake to further that initiative.

Mergers and Acquisitions (M&A) 73

Mergers and Acquisitions (M&A) B2B Banking Business Analytics 73

PYMNTS

DECEMBER 23, 2020

Today in B2B payments, lenders land SMB relief support in U.S. Plus, Contour completes blockchain trade finance transaction, Liberis raises funding for SME financing, Pakistan eyes digitizing supply chains, and Ripple faces SEC charges. pandemic aid package. Pandemic Aid Package Provides Relief For Lenders To Help SMBs.

B2B 84

B2B Corporate Finance Finance Securities 84

PYMNTS

AUGUST 16, 2019

With more than $200 million in venture capital funding landing with B2B FinTechs this week, investors had their eyes set on a variety of pain points in corporate finance. Small business finserv was a popular target this week, with startups securing funding for their SMB banking, lending and accounting tools. ScaleFactor.

B2B 71

B2B Invoicing Startups Corporate Finance 71

PYMNTS

MARCH 6, 2019

Corporate accounting standards are changing, with the Financial Accounting Standards Board adopting new standards in ways companies report on leases, hedging and other financial activity. A recent report from CFO.com shed light on another factor driving accounting and financial transparency within corporate America.

Corporate Finance 55

Corporate Finance Finance Accounting Standards Accounting Principles 55

PYMNTS

MARCH 7, 2019

Wirex , which providers consumers with an account to store both fiat and cryptocurrency, recently stepped into the corporate finance space with the launch of its business account. Co-Founder Dmitry Lazarichev explained to PYMNTS why the company remains confident in cryptocurrency’s potential for corporate payments.

B2B 67

B2B Currencies Corporate Finance Finance 67

PYMNTS

SEPTEMBER 24, 2018

A research firm has discovered that the number of material accounting mistakes made by U.S. For many, the mistakes were discovered when corporate finance teams were changing accounting paperwork to comply with the new U.S. tax law and revenue accounting rules. public companies has gone up this year.

Numbers 68

Numbers Accounting Accounting Principles Corporate Finance 68

PYMNTS

JANUARY 2, 2019

Separate research last month also examined how corporate finance expects are bracing for this digital disruption. Finance professionals spoke with Gartner, Inc. ” B2B payments is another area of corporate finance that some analysts expect blockchain to disrupt in a major way. ”

Corporate Finance 80

Corporate Finance B2B SAP Finance 80

PYMNTS

MARCH 11, 2020

The ability for finance and accounting teams to capture transaction data across payment channels remains a challenge as information is stored across various portals. Yet the reality is that the reconciliation process is rarely ever straightforward.

Reconciliations 56

Reconciliations Corporate Finance Finance Invoicing 56

PYMNTS

JANUARY 21, 2019

What businesses may often miss in their growth trajectories, however, is the importance of focusing on back-office operations, particularly when it comes to finance and payments. The possibilities are seemingly endless, particularly as the consumer payments world ushers in new technologies for the B2B space.

B2B 75

B2B Accounts Payable Data Analysis Technology 75

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. There has been a surge in B2B payments technologies in recent years in an effort to pull businesses, especially smaller firms, off of paper.

Accounts Payable 57

Accounts Payable Accounting B2B Reconciliations 57

PYMNTS

JANUARY 15, 2021

Accounts payable (AP) and accounts receivable (AR) personnel could no longer be in the office to handle paper, giving rise to the discussion of migrating away from physical invoices and other documents in favor of digital, automated solutions.

B2B 73

B2B Invoicing Accounts Payable Prioritization 73

PYMNTS

APRIL 30, 2019

Yet, just as SMBs can be too small to be considered corporate, high-net-worth individuals can have financial service needs that are too big to fit into the traditional consumer financial management range of products offered to the Average Joe. “There is a specific need for these families,” she told PYMNTS in a recent interview.

Corporate Finance 61

Corporate Finance Accounts Payable Finance Invoicing 61

PYMNTS

OCTOBER 7, 2019

Fraud never sleeps, and the corporate finance department cannot afford to stay behind on the ever-changing strategies of fraudsters. According to researchers, hackers infiltrate the email accounts of employees within a B2B supplier’s finance departments, including accounts receivable and procurement.

B2B 62

B2B Invoicing Corporate Finance Transportation 62

PYMNTS

SEPTEMBER 28, 2020

This week's B2B Data Digest looks at the latest figures behind such fraud targeting corporate finance teams. While much of the focus of B2B fraud typically lands on external actors, concerns about PPP fraud may raise awareness of some bad actors within the enterprise looking to steal money via loan fraud or other types of scams.

Accounts Payable 96

Accounts Payable Invoicing Treasury B2B 96

PYMNTS

JANUARY 9, 2019

In a 2017 report from job hunting site Indeed , researchers found that “small business accountant” was nowhere to be found in the top-10 job positions sought after by most small business employers. “Bookkeeping is the low-value work performed by accounting firms,” he said.

Accounting 71

Accounting Corporate Finance Accounting Firms Auditing 71

PYMNTS

SEPTEMBER 23, 2019

Corporates have growing expectations for faster, more efficient and more secure B2B payments — whether their money is moving from one business unit to another or one country to another. As businesses continue this shift, it is no longer safe to assume that corporates are not interested in faster payments.

B2B 49

B2B Banking Accounts Payable Corporate Finance 49

Corporate Finance Lab

DECEMBER 5, 2022

Before that, the B2B and B2C legislation had already introduced a similar prohibition, but financial services had been (partially) exempted. This leaves the question as to what extent contracts on financial services (international corporate lending in particular) are now caught by the general prohibition on unfair terms in the new Civil Code.

B2B 85

B2B B2C Economics Finance 85

PYMNTS

DECEMBER 11, 2017

Steve Troy, CEO of AeroFund Financial, says that’s a trend permeating many components of corporate finance today: Businesses don’t just need better tools – they need, in some cases, an entirely new way to manage finances. That could mean new payments rails to automated accounts payable solutions. In the U.S.,

Corporate Finance 43

Corporate Finance Finance B2B Invoicing 43

PYMNTS

MAY 1, 2019

But the scheme faced some of its harshest attacks yet at the hands of the Corporate Finance Network, a U.K. accountancy group specializing in providing advisory services to small and medium-sized businesses (SMBs). Reports in Accountancy Daily on Monday (April 29) said the Corporate Finance Network is calling on U.K.

Accounting 59

Accounting Banking Corporate Finance Treasury 59

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. But the ERP of today doesn’t look like it used to. The ERP’s Role in a FinTech World.

Cash Flow Forecasting 104

Cash Flow Forecasting Accounts Payable General Ledger Corporate Finance 104

PYMNTS

APRIL 10, 2020

Financial technology innovation has opened the doors to massive transformation of corporate finance departments. While flashy corporate FinTech is exciting, innovation efforts have rarely focused on a mainstay of corporate finance teams: the financial close process, a crucial, but continually outdated function.

Corporate Finance 87

Corporate Finance Accounts Payable Finance Accounting 87

PYMNTS

OCTOBER 9, 2018

Banks and businesses alike are heading toward the 11th hour of changes in accounting standards, which will have a major impact on how companies report financial metrics and performance. Experts say the move will not go unnoticed when the accounting standards begin to take effect for public companies in 2021.

Accounting Standards 61

Accounting Standards Accounting Banking Corporate Finance 61

PYMNTS

MAY 1, 2018

B2B payments is at the center of efforts to innovate by FinTechs, banks and others, but corporates’ business-to-business payment processes remain complex, erroneous and a deterrent to growth. Finance experts in some of the U.K.’s Yet this research clearly shows current processes for B2B transactions are letting them down.”.

B2B 47

B2B Invoicing Foreign Exchange Pharmaceutical 47

PYMNTS

SEPTEMBER 20, 2019

This week, the largest funding round went to a B2B startup developing autonomous trucking technology to boost fleet efficiency, with other rounds landing at small business bookkeeping, workforce communications, and IBAN fraud mitigation startups for a combined $236 million-plus landing at B2B startups.

B2B 49

B2B Startups Communication Construction 49

PYMNTS

DECEMBER 7, 2020

This week's B2B Digest looks at how corporate finance scams come in all shapes and sizes, from employee expense fraud to invoice falsification. Researchers discovered a "spillover effect," in which reports of corporate fraud were linked to an increase in local theft and robbery reports. "It

Invoicing 91

Invoicing Construction Corporate Finance B2B 91

PYMNTS

JUNE 11, 2020

With market volatility and economic pressure higher than it has been in more than a decade, the ways businesses manage and account for their money is inevitably included in that wave of operational change. That means significant implications for the ways accountants and auditors operate both within an enterprise and externally from it.

Economics 77

Economics Accounting Auditing Forecasting 77

PYMNTS

DECEMBER 12, 2017

Demand for corporate finance helped propel China’s banks to new lending records in November, according to news from Reuters on Monday (Dec. That figure surpassed analysts’ expectations, especially considering China’s efforts to reduce risk tied to a surge in corporate debt. Chinese banks provided $169.27 billion yuan.

Corporate Finance 40

Corporate Finance Finance Banking Numbers 40

PYMNTS

DECEMBER 10, 2018

percent equity interest in Hangzhou Zeshi Investment Partners, which will enable China Lending to launch its new supply chain financing services in the near future, including financing products design, related corporate financing solutions, investments and asset management, and more. trillion in 2017.

B2B 60

B2B Accounts Payable Corporate Finance Finance 60

PYMNTS

JANUARY 22, 2019

However, the technology isn’t reserved for only the largest players in the markets: Small businesses (SMBs) and their accountants have emerged as key proponents of the tool, especially as anxieties wane over the possibility that AI could replace the need for human bookkeepers. What’s Holding Adoption Back. ”

Corporate Finance 77

Corporate Finance Finance Data Analysis Accounting 77

PYMNTS

MAY 30, 2016

Rising corporate finance metrics don’t always mean good news. Find out which figures led to good growth — like digital corporate payments increases or a rise in SME hedging practices — and which signal bad news for corporate FinServ. The numbers are on the up this week! But don’t let that fool you.

Corporate Finance 40

Corporate Finance Finance Treasury Education 40

PYMNTS

OCTOBER 5, 2017

In corporate finance, automation changed the game. Accountants and other financial professionals once tasked with manual processes and number-crunching were freed up to focus on more strategic initiatives. Robotics process automation (RPA) is a recent favorite among some B2B FinTechs.

B2B 43

B2B Corporate Finance Accounting Auditing 43

PYMNTS

MARCH 24, 2017

Investors diversified their funding to B2B companies this week, hitting several areas of corporate finance including accounts payable, accounts receivable, payroll and supply chain management. B2B Payments. Find out who. AP Automation. The platform also supports payments, reports said.

B2B 43

B2B Accounts Payable Corporate Finance Accounting 43

PYMNTS

MAY 27, 2016

Like an aftereffect of a sci-fi film, the rise in automation within corporate financial teams has led to fears and anxiety: Will humans no longer be needed in the accounting department? Are the CFO and corporate treasurer becoming extinct? Automation and accounting software may be to blame, the publication said.

Accounting 41

Accounting Corporate Finance B2B CFO 41