PYMNTS

NOVEMBER 22, 2020

Raiffeisen , the third-largest Swiss banking group, has joined up with software provider CoCoNet to launch a payment and cash management service for companies, a statement says.

Cash Management 77

Cash Management B2B Invoicing Banking 77

PYMNTS

JUNE 11, 2020

Now that businesses have gotten a taste of what it means to automate workflows like invoicing, accounts receivable (AR) and cash management, they’re likely never turning back. “They’re getting the taste of being able to get cash flow faster and give their supply chains choices in how to pay.

Cash Management 60

Cash Management Invoicing Accounts Payable B2B 60

Global Finance

SEPTEMBER 25, 2024

Susanne Prager, head of cash management at Raiffeisen Bank International (RBI), discusses the challenges affecting global banking services and the need for the latest tech tools to help companies succeed in CEE and around the world. RBI’s solutions like its centralized Cash Management Hub (CMIplus) can streamline these processes.

Banking 98

Banking Cash Management Compliance Currencies 98

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

Boston Startup CFO

APRIL 3, 2023

Financial accounting: A topic that can easily disorient even the most driven entrepreneurs. Fortunately, we present you with a compass – a diagram that demystifies the functions of financial accounting. In this tier, a double-entry accounting system is employed to ensure the accurate recording of all transactions.

Accounting 52

Accounting Accounting Principles GAAP Startups 52

Future CFO

SEPTEMBER 10, 2024

Instant payments are expected to account for 22% of all non-cash transaction volumes by 2028 globally, according to the Capgemini Research Institute’s World Payments Report 2025. The post Instant payments to account for 22% of non-cash transactions by 2028, report predicts appeared first on FutureCFO.

Accounting 52

Accounting Forecasting Banking Finance 52

PYMNTS

APRIL 8, 2019

financial services market. According to Swift Prepaid Solutions , the majority of businesses that have sought financing in the last 18 months prioritize the ability to receive loan payouts in a prepaid account, followed by ACH payments to their bank accounts.

Cash Management 51

Cash Management Prioritization Finance B2B 51

PYMNTS

OCTOBER 27, 2016

Between the rise of blockchain technology, the market debuts of faster payments initiatives and the advancements in virtual card capabilities, small businesses have more choice and power when it comes to their payments needs. and EMEA told surveyors that they access cash flow from their operations. From the U.S.

Cash Management 75

Cash Management B2B Finance Economics 75

PYMNTS

SEPTEMBER 17, 2020

Cloud-based clearing bank ClearBank has begun offering multi-currency bank accounts using an API, according to a press release. Beginning in the fourth quarter this year, the bank will allow users to access over 30 multi-currency accounts.

Currencies 64

Currencies Accounting Banking Foreign Exchange 64

PYMNTS

NOVEMBER 5, 2019

With the impending launch of Spring by Citi , Citi ’s Treasury and Trade Solutions (TTS) is increasingly incorporating the consumer payments experience into its broader B2B treasury management and transaction banking offering as it moves to support its institutional clients in their own journeys to meeting customer payment demands.

Cash Management 42

Cash Management Treasury B2B Banking 42

Strategic Treasurer

FEBRUARY 18, 2022

Short-Term Investing: Insured Deposit Accounts Foundations. Bruce Bent II, Landing Rock Cash Management Craig Jeffery, Strategic Treasurer. Organizations have a wide range of options for their short-term cash. The level of understanding regarding how companies can use insured deposit accounts varies significantly.

Investments 52

Investments Accounting Cash Management Marketing 52

Global Finance

SEPTEMBER 9, 2024

And while the latest tools of the trade—artificial intelligence (AI) and machine learning (ML)—promise to make tasks such as liquidity forecasting, cash management, and risk management easier, they come with their own complications and tie the treasury team even more closely into management’s strategic planning.

Treasury 97

Treasury Cash Flow Forecasting Forecasting Cash Management 97

PYMNTS

JANUARY 30, 2017

Used to be that managing a company’s liquidity and cash position was a matter of reconciling disparate bank accounts at the end of the day. Trade finance, they said, could help boost efficiency in cash management and supply chain (via dynamic discounting on invoices).

Cash Management 49

Cash Management Treasury Invoicing Currencies 49

PYMNTS

FEBRUARY 15, 2017

.” And while researchers found that, as a company grows, so do the difficulties in managing cash flow, the smallest of SMEs, startups, are struggling the most with daily cash management tasks, with 15 percent of startups saying that they found this issue to be an especially difficult challenge.

Cash Management 43

Cash Management Invoicing Startups Forecasting 43

PYMNTS

FEBRUARY 19, 2019

That probably won’t come as a surprise to many in the B2B payments space, considering that organizations typically try to float their capital for as long as possible, a cash management tactic that can lead to longer payment terms with small suppliers, and the prevalence of late payments. In the U.K., Rimilia , a U.K.-based

Accounting 75

Accounting Cash Management B2B Invoicing 75

PYMNTS

APRIL 23, 2020

Unfortunately, independent contractors have also frequently been left out of the picture for traditional banks and even newer FinTechs despite the recent influx of small business cloud accounting apps and other B2B FinTech platforms. Accounts payable is the money you owe your suppliers. Easing The User Experience.

Accounting 56

Accounting Accounts Payable Invoicing Cash Management 56

Global Finance

JUNE 6, 2024

Its new generative AI tool analyzes and summarizes the minutes and announcements from the Monetary Policy Committee of Brazil’s central bank and the Federal Open Market Committee of the US Federal Reserve. Not only can market risk be better monitored, but market costs can be saved for participants: about $30 million so far, estimates CCDC.

Construction 109

Construction Compliance Cash Management Treasury 109

E78 Partners

NOVEMBER 2, 2023

The role of a CFO in middle and lower middle market private equity-backed companies is challenging, especially when you may be the first CFO in the company’s history. As a key member of the management team, tackling the first 100 days can be overwhelming for the entire team, but especially challenging for the accounting and finance folks.

Marketing 52

Marketing CFO Communication Cash Management 52

PYMNTS

MAY 27, 2020

The CEO of SoFi, the digital personal finance company based in San Francisco, said its investor accounts have doubled this year, mostly due to fractional shares. The company said the account is secure and offers rewards for savers with higher interest relative to the national average of transactional accounts.

Accounting 52

Accounting Cash Management Investments Economics 52

Global Finance

OCTOBER 11, 2024

Along with the World’s Best Bank, global honors this year include awards for Best Corporate Bank, Best Consumer Bank, Best Banks Worldwide in Emerging and Frontier Markets and Best Sub-Custodian Bank. The bank is known for developing inaugural and subsequent green and social bonds for the European and Latin American markets.

Banking 107

Banking Foreign Exchange Profit and Loss Finance 107

PYMNTS

JUNE 19, 2019

HSBC is rolling out its digital accounts receivable solution for corporates in India after teaming up with Australia-based Identitii , reports in IT Wire said on Tuesday (June 18). “HSBC’s DART is an industry first,” said Identitii CEO Nick Armstrong in a statement.

Accounting 55

Accounting Communication Cash Management Invoicing 55

PYMNTS

MAY 9, 2019

So it is with accounts payable (AP), as Chen Amit, CEO of Tipalti , told PYMNTS in a recent interview. Accounts payable is the ‘lost child’ hidden in business workflows,” said the executive. “I Of accounts payable in general, he said, “it’s a cumbersome process. Cash management becomes less art than science.

Accounts Payable 70

Accounts Payable Accounting Finance Cash Management 70

PYMNTS

AUGUST 3, 2017

Accounts payable company MineralTree just gave a big show of support for commercial cards when it announced this week it is partnering with American Express (Amex) to offer companies an integrated platform to support supplier payments via virtual commercial card. The vast majority of payments are still made by paper check.”.

Cash Management 43

Cash Management Accounts Payable B2B Accounting 43

PYMNTS

JUNE 7, 2018

challenger bank Arro Money , which launched its small business bank account service last December, has debuted its newest product designed for sole traders. In an announcement sent to PYMNTS on Wednesday (June 6), Arro Money said it has rolled out its account designed for entrepreneurs that operate independently.

Accounting 53

Accounting Cash Management Compliance Banking 53

Future CFO

JULY 17, 2023

Faced with ongoing market volatility, the enterprise C-suite is leaning on its treasury teams like never before to protect company assets and to (ideally) also capitalise on competitive opportunities emerging from an unstable macroeconomic climate. 2) Utilise advanced liquidity management techniques.

Treasury 98

Treasury Forecasting Cash Management Concentration 98

CFO News Room

JANUARY 20, 2023

While it remains to be seen whether the measures will actually be enacted, proposed measures include raising income and capital gains tax rates, instituting wealth taxes, and reducing the state estate tax exemption, potentially creating future planning opportunities for advisors with clients in those states.

Practice Management 130

Practice Management Cash Management Leadership Numbers 130

PYMNTS

DECEMBER 30, 2019

The middle market can be an ideal corporate customer for a financial institution (FI). Unlike a small business, the middle market typically holds a lower-risk profile with steady profits and strong growth. But you shouldn’t shove [the middle market] into small business or commercial — you should have a third segment.”.

Marketing 53

Marketing Banking Accounts Payable Education 53

PYMNTS

NOVEMBER 26, 2019

Recent data indicated that 82 percent of SMBs shutter in their first year because of poor cash management operations. As SMBs seek opportunities to expand their operations, and reach new customers and markets, they will need the right spend and workforce tools to ensure funds are spent appropriately. billion in value by 2025.

Nonprofit 56

Nonprofit Accounting Banking Cash Management 56

Future CFO

FEBRUARY 13, 2023

Having an experienced succession of crises since the beginning of 2020, FutureCFO asked two finance leaders their views on the challenges facing treasury and cash management during the pandemic and coming out of it. What is the biggest change to the Treasury and Cash Management (TCM) function brought about by the pandemic?

Treasury 98

Treasury Cash Management Restructuring Accounts Payable 98

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

SEPTEMBER 20, 2016

With companies turning to subscriptions for anything from software to meal services, from Internet of Things-connected devices to online marketing, the way companies sell to and buy from each other is changing. And existing cloud accounting tools, Eyamie said, “they just do not elegantly handle that recurring relationship.”

B2B 78

B2B Accounting Invoicing Entertainment 78

Future CFO

DECEMBER 18, 2020

FutureCFO spoke to three executives for their expressed views on the impact of COVID-19 on the Asia Pacific’s (APAC) credit market: Mike San Diego, chief financial officer at JK Capital Finance; James Ponsford, regional director & growth leader, Credit Solutions, Asia at Aon; and Matthew Wells, APAC regional commercial director for Euler Hermes.

Marketing 52

Marketing Profit and Loss Credit Risk Finance 52

PYMNTS

APRIL 19, 2017

Change within the enterprise will always bring friction, but when it comes to change brought about by the adoption of more sophisticated technologies — especially in accounting and cash management — that friction is worth the effort. Not every accountant is optimistic about the future of the profession, however.

Accounting 47

Accounting Cash Management Practice Management Technology 47

PYMNTS

NOVEMBER 27, 2020

It's been more than a decade since the boom of neo and challenger banks stepping into the market to fill the biggest service gaps left by FI giants. In a recent interview, he discussed why Juni is targeting eCommerce and digital marketing businesses with its offering. The eCommerce Banking Challenge.

eCommerce 118

eCommerce Banking Cash Management Advertising 118

PYMNTS

OCTOBER 25, 2017

Countingup , a FinTech that aims to combine and streamline corporate banking and accounting for small- and medium-sized businesses (SMBs), secured fresh funding this week, according to news from TechCrunch. We’re doing that by combining accounting and banking into one simple smartphone app.”. later this year. later this year.

Accounting 44

Accounting Banking Invoicing Construction 44

PYMNTS

SEPTEMBER 8, 2020

The rise of the coronavirus has spotlighted the need for corporate treasurers to make real-time decisions about cash management. They must also be able to reconcile those accounts and address funding requirements in a proactive, strategic manner. Mobile banking apps mean we can check bank balances and pay bills on the fly.

Treasury 107

Treasury Currencies Cash Management Accounting 107

PYMNTS

DECEMBER 12, 2017

That’s the status quo in corporate payments, and it’s not only creating friction for the business payer; it’s creating headaches for small business (SMB) accounting too. He recently told PYMNTS that small business accountants are much like their clients in the way they make and receive payments.

Accounting 44

Accounting Cash Flow Forecasting B2B Invoicing 44