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. But cash is hard to come by.

Cash Management 75

Cash Management B2B Finance Invoicing 75

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

Global Finance

JULY 26, 2024

“In the fast-paced business environment of today, corporate banking clients need payment solutions that are fast, efficient, reliable and secure,” says Kent Marais, head of Payments and Cash Management, Transaction Banking. This includes incoming payments, cash deposits, and cleared checks against their accounts.

Cash Management 52

Cash Management Treasury Reconciliations Currencies 52

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 B2B Accounts Payable 60

Future CFO

OCTOBER 2, 2023

Cash management has made its way into becoming a key competency for leadership teams in protecting their companies’ overall long-term health. Moreover, current market conditions drive private fund managers to hone in on their cash management practices , with many turning to strategies more commonly used by their corporate counterparts.

Cash Management 52

Cash Management Marketing Treasury Concentration 52

Global Finance

JULY 26, 2024

BofA invests heavily in technology, offering online banking platforms, mobile applications, and application programming interfaces (APIs), for seamless cash management and integration with corporate treasury systems. Citi is a double winner, as Best Bank for Cash Management and for Best Corporate Cross-Border Payments Solution.

Cash Management 52

Cash Management Treasury Restructuring Reconciliations 52

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

Global Finance

JULY 26, 2024

Companies operating in Central and Eastern Europe (CEE) continue to face unique challenges when it comes to cash management, due to a mix of economic development and regional variations. ING wins as the Best Bank for Cash Management.

Cash Management 52

Cash Management Treasury Currencies Banking 52

Global Finance

JULY 26, 2024

It requires a keen understanding of the best technological tools to automate tasks and improve efficiency. FAB wins two awards this year, as Best Bank for Transaction Banking and Best Bank for Long-Term Liquidity Management.

Cash Management 52

Cash Management Treasury Cash Flow Forecasting Forecasting 52

PYMNTS

JUNE 21, 2020

That will allow businesses to eliminate the cumbersome old ways, which required them to sign onto their bank accounts to set up a direct debit instruction and then wait several days before it was ready. Yvonne Yiu , head of global liquidity and cash management with HSBC, said the simplicity makes a difference for the customer.

B2B 143

B2B Cash Management eCommerce Securities 143

Global Finance

JULY 26, 2024

Although nearshoring has been a boon for Mexico, and the outlook is generally positive, risks in foreign exchange and commodity markets persist and require companies to partner with banks having regional expertise and cash management solutions tailored to the Latin American market.

Cash Management 52

Cash Management Treasury Foreign Exchange Concentration 52

Future CFO

NOVEMBER 20, 2023

Organisation leaders need to keep an eye out for cash management and treasury management for the optimisation of their financial resources and effective management of financial risks. They are supported by other treasury centres in Jakarta, Guangzhou, Beijing, and Sao Paulo where RGE’s Cash Managers are located.

Cash Management 52

Cash Management Treasury SAP Communication 52

Future CFO

MAY 26, 2022

The problem is that most subsidiary businesses have enough independence to decide on what tools and technologies they can use to support their business. According to EY , organisations are fighting through a thicket of clashing policies, processes and technologies when handling intercompany transactions. The intercompany complexity.

Mergers and Acquisitions (M&A) 98

Mergers and Acquisitions (M&A) Accounting Foreign Exchange Compliance 98

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

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

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. The Advantages Of Centralized Access .

Treasury 107

Treasury Currencies Cash Management Accounting 107

PYMNTS

JUNE 9, 2017

In payments and FinTech, it’s often the startup’s job to disrupt an industry with many legacy businesses, outdated technologies and processes. That’s especially true in corporate accounting, says Beanworks CEO Catherine Dahl. The investment will help Beanworks scale up as it looks to be at the forefront of that accounting change.

Accounting 43

Accounting Technology Accounts Payable Invoicing 43

Bramasol

JUNE 25, 2024

The role of enterprise level CFOs has changed radically over the past decade with both a widening scope of influence and greater responsibilities for helping guide corporate transformation programs and technology choices. Sweeping changes in the enterprise technology landscape have also been a key driver in expanding the role of CFOs.

Compliance 56

Compliance Financial Planning and Analysis (FP&A) Accounting SAP 56

Global Finance

JUNE 6, 2024

Technology advances bring the high-touch experience to more clients, large and small. The project’s deployment required the collaborative efforts of several bank departments, including business, legal, compliance, engineering, security and IT, as well as outside technology vendors Metaco and Avaloq.

Construction 109

Construction Compliance Cash Management Treasury 109

PYMNTS

JULY 21, 2017

Small business accounting and cash management took home the gold this week, with two startups raising a collective $93 million in funding. SME Accounting. FreshBooks CEO Mike McDerment spoke with PYMNTS to announce the $43 million in new venture capital for his SME accounting company. Expense Management.

Cash Management 40

Cash Management Startups Invoicing Accounts Payable 40

PYMNTS

FEBRUARY 22, 2017

Basel III is a set of voluntary rules that impact banks’ risk management and capital requirements, among other things, and could lead to corporate challenges in accessing bank financing. Virtual accounts, he said, “have proved valuable in helping our clients take a more holistic approach to cash management.”

Accounting 54

Accounting Banking Cash Management Compliance 54

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

DECEMBER 2, 2020

Sage Teams With Satago To Help SMBs Manage Cash Flow. Sage has unveiled a new partnership with Satago , a cash management and finance program for small firms and accounting professionals, according to an announcement. Amazon Expands Call Center Business Technology With Voice Recognition.

Cash Management 57

Cash Management B2B Foreign Exchange Banking 57

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

NOVEMBER 27, 2020

Generally considered more nimble and digital-friendly than legacy banks, challengers have injected a much-needed dose of technological innovation into the sector, with business banking an increasingly popular focus for new players. The first is cash management and obtaining a holistic view of finances.

eCommerce 118

eCommerce Banking Cash Management Advertising 118

PYMNTS

OCTOBER 3, 2019

FinTech startup Brex is launching a business cash management account to replace traditional business bank accounts, the company said in a press release on Wednesday (Oct. The Brex Cash account will work with the Brex Card on one network and offers users a return of 1.6 billion.

Accounting 57

Accounting Banking Valuation Cash Management 57

PYMNTS

DECEMBER 29, 2020

In this week's roundup of bank-FinTech collaboration and open banking initiatives, Citi embraces the unlocking of account data to third-party FinTechs, while WEX weighs in on opportunity for banks to take advantage of partnerships. The company is focusing on users that may be underbanked, lacking traditional bank accounts.

Cash Flow Forecasting 123

Cash Flow Forecasting B2B Startups Financial Data 123

PYMNTS

MARCH 4, 2020

The value of the technology is evidenced by the vast number of APIs that businesses use and consume. The March B2B API Tracker ® explores how B2B APIs are improving services and what it takes to keep the technology safe from bad actors. Companies each made an average of 363 APIs available publicly in 2018, for example.

Treasury 96

Treasury B2B Cash Management Leverage 96

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

PYMNTS

SEPTEMBER 21, 2017

Gappify is the latest company to roll out business accounting-related chatbot technology. 20) that it has launched Alan, chatbot technology designed to assist business accountants. Gappify isn’t the only company to design a bot for corporate accounting purposes. The company announced news on Wednesday (Sept.

Accounting 45

Accounting Accounts Payable Cash Management Accounting Standards 45

Future CFO

JULY 17, 2023

Global corporate treasury leaders can serve as particularly essential strategic advisers right now— if they can harness the right data, analysis, and technology strategy to navigate choppy market conditions. The more scenarios considered and the higher the cash forecast frequency, the more prepared an organisation will be.

Treasury 98

Treasury Forecasting Cash Management Concentration 98

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

PYMNTS

FEBRUARY 1, 2021

It’s not that automating invoice generation, banishing checks, automating the cash application process and systematically removing all the manual touches from accounts payable (AP) and accounts receivable (AR) workflows weren’t unknown concepts among chief financial officers (CFOs) and treasury departments at the time.

B2B 94

B2B Treasury Accounts Payable Cash Management 94

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. Technological Threats.

Accounting 47

Accounting Cash Management Practice Management Technology 47

PYMNTS

JANUARY 20, 2021

According to Rajiv Ramachandran , senior vice president of product strategy and management at Coupa , the pandemic was a “wake-up call” for many finance leaders who experienced a jolting breakdown of key functions. There were cases where some of these finance teams could not even understand what their cash visibility looked like.”.

B2B 125

B2B Invoicing Prioritization Corporate Finance 125

PYMNTS

MARCH 2, 2020

As innovators drive forward, however, they can sometimes forget who’s really at the user-end of their technologies designed to combat business payments pain: the accountant. In the current fast-moving climate, accountants have struggled with the manual processes involved with managing their business client’s funds,” he told PYMNTS. “In

Accounting 56

Accounting Reconciliations Profit and Loss B2B 56

PYMNTS

JANUARY 23, 2020

SoFi’s card will provide an additional way for customers to spend with their SoFi Money cash management accounts. The fee-free account offers features that include high-yielding interest, reimbursements from ATMs, smartphone-enabled check deposits and P2P functionality.

Cash Management 91

Cash Management Accounting Securities Finance 91