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. You have invoice aggregation, multiple account numbers with vendors, short payments, disputes and credit memos.".

B2B 114

B2B Reconciliations Accounts Payable Invoicing 114

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. Data is key to addressing those pain points like identifying instances of fraud or promoting automated reconciliation.

Accounts Payable 57

Accounts Payable Accounting B2B Reconciliations 57

PYMNTS

SEPTEMBER 17, 2020

This week's roundup of the convergence of accounts payable (AP) and accounts receivable (AR) takes a look at how B2B payments solution providers are considering both buyers and suppliers as a result of the pandemic. PayMyTuition Meshes Education Vendor Management With AP. NexusPayments Tackles Real Estate Supplier Adoption.

B2B 92

B2B Vendor Management Marketing Accounts Payable 92

CFO Talks

OCTOBER 3, 2024

Regular Reconciliations : Perform surprise cash counts and inventory checks and reconcile sales and deposit records frequently. Aggressive Accounting Practices : Look out for unusual accounting entries, round-number transactions, or complex journal entries that lack clear justification. Investigate any discrepancies promptly.

Invoicing 98

Invoicing Auditing Benchmarking Reconciliations 98

PYMNTS

OCTOBER 22, 2020

Billtrust CEO and Founder Flint Lane highlighted three shifts in particular that are igniting major change in the industry: first, the accelerated digitization of accounts receivable (AR) and accounts payable (AP). Fostering Education. But further education is needed, said Lane. We've become educated," he said.

B2B 89

B2B Education Reconciliations Accounts Payable 89

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. CPS will substantially enhance our B2B offerings and will bring us the opportunity to introduce REPAY’s solutions to new verticals, including education, government and media sectors.”.

Accounts Payable 56

Accounts Payable Reconciliations B2B Concentration 56

Strategic Treasurer

FEBRUARY 22, 2023

Data related to bank account management and reconciliation practices is also gathered for a more comprehensive view of how various treasury operations impact security.

Treasury 52

Treasury Reconciliations Education Securities 52

Strategic Treasurer

MARCH 21, 2022

Data related to bank account management and reconciliation practices is also gathered for a more comprehensive view of how various treasury operations impact security. Bank Account Management, Reconciliation & Compliance Practices. Security Practices Employed (Both Human & Technological).

Treasury 52

Treasury Reconciliations Securities Risk Management 52

PYMNTS

JANUARY 21, 2021

HashCash's HC Corporate Payment will come with immediate reconciliation, real-time document sharing and automation via smart contacts, in order to enable quicker, more effective B2B payments. With this partnership, we are looking forward to helping them manage their working capital efficiently through live tracking of the account balance.".

Banking 93

Banking Reconciliations B2B Education 93

Strategic Treasurer

APRIL 3, 2023

The data is compiled annually and used to educate the industry on how the fraud landscape is evolving and how practitioners can better protect themselves and their organizations against attacks. Practitioners from all industries are polled on their experiences.

Treasury 52

Treasury Reconciliations Risk Management Education 52

The Finance Weekly

JANUARY 22, 2024

CFOs need strong finance and accounting skills, along with years of experience, to find ways to enhance the organization's financial well-being. The CFO may work with the finance and accounting team to predict the effects of different operational decisions. Resolve accounting and finance problems.

CFO 52

CFO Education Communication Leadership 52

PYMNTS

AUGUST 5, 2016

There is seemingly no end to the discussion of how automated accounting can improve a business’ performance. The market is on the cusp of a groundswell of adoption of these technologies, says Therese Tucker, CEO of accounting solutions firm BlackLine , after a long lull among mid-market firms.

Accounting 42

Accounting Reconciliations General Ledger Auditing 42

PYMNTS

FEBRUARY 24, 2020

For the accounts payable (AP) and enterprise resource planning (ERP) automation space, it’s no longer business as usual. Oracle Bets On Education-Centric Integration Strategy In Cloud Computing Race. Across The Next-Generation AP Automation Space. Growth encouraged the media company to switch to automated processes. About The Tracker.

Accounts Payable 89

Accounts Payable Invoicing Education Reconciliations 89

CFO Simplified

JANUARY 5, 2024

The difficulty is that often an office manager, or senior member of the accounting team is responsible for maintaining the financial security of the firm with little or no oversight. Client Trust Accounts (IOLTA): Mismanagement of client trust accounts can lead to serious ethical and legal consequences.

Auditing 52

Auditing Reconciliations Compliance Securities 52

Planful

SEPTEMBER 1, 2016

In early August, I was asked to speak at the annual meeting of the American Accounting Association (AAA). The AAA has been around for 100 years and is a community of accounting educators. Hip, Cool, and Relevant Accounting Technologies. His main message was that ERPs are no longer the center of the accounting universe.

Technology 40

Technology Accounting Auditing Reconciliations 40

PYMNTS

SEPTEMBER 21, 2018

Recently, players in the space have launched new solutions designed to help businesses, and even higher education institutions, to more easily manage and reconcile payments. It then enables sellers to have their funds deposited into their bank accounts for a small fee. Lessons In Tuition Payment Reconciliation.

Invoicing 46

Invoicing Education Reconciliations Healthcare 46

PYMNTS

JANUARY 8, 2021

For example, that might mean having a process in place so that funds are appropriately applied or available when money comes in during off-hours or on the weekend, she said, and really thinking through the process from an accounting, liquidity and treasury management perspective.

Cash Flow Forecasting 139

Cash Flow Forecasting Banking Education Reconciliations 139

PYMNTS

JANUARY 25, 2019

As they work to achieve this, more companies are ditching paper-based methods and embracing digital solutions that streamline payments and reconciliations. is fragmented, Richardson said, and faster payment systems can remove some of the headaches of managing payments data and reconciliation. as an example.

Reconciliations 67

Reconciliations Banking Education Budgeting 67

PYMNTS

APRIL 26, 2019

Although they operate with a greater level of autonomy, charter schools are still expected to be accountable for their expenses and demonstrate transparency. This is especially true in cases where employees whose primary duties are education-focused are making purchases on behalf of their schools. . The Urgent Case for Transparency.

Reconciliations 46

Reconciliations Education Nonprofit Auditing 46

PYMNTS

NOVEMBER 11, 2019

To help suppliers benefit from different options, FinTechs are educating them on the types of payments that are available to them. The FinTech is also seeing education flow from the buyer to the supplier. But not all suppliers have the same level of education or awareness of ePayments.

Education 43

Education Reconciliations Accounting Marketing 43

CFO Simplified

DECEMBER 26, 2021

It’s easy to grow without noticing that your finance and accounting department is stretched far too thin. From overworked staff accountants to controllers running month-end closes, a poorly structured finance, and accounting department can put strains on your business’ growth. Roles and Responsibilities. Company Size.

Finance 52

Finance General Ledger CFO Auditing 52

PYMNTS

APRIL 23, 2019

Too often, however, the reconciliation becomes an afterthought in the spend management process, and can be even more difficult for a company’s accounting department to address if paper receipts get lost. The Latest Workforce Spend Management News. That’s a problem that several players in the space are seeking to resolve.

Reconciliations 40

Reconciliations Nonprofit Education Accounting 40

PYMNTS

DECEMBER 15, 2017

On a good day, managing the ebb and flow of supply chains, accounts receivable and accounts payable can be challenging; on a bad day, juggling all those spinning plates becomes a nightmare. Via its cross-border reconciliation network, Flywire can collect and reconcile those payments immediately and accurately.

Invoicing 48

Invoicing Reconciliations Currencies Education 48

Future CFO

APRIL 7, 2022

He comments that most accounting graduates have more exposure to Excel than finance-related software solutions through their college education), lethargy to pick up new technologies, and sometimes difficulty in getting approval for finance technology investment. banking fees).

Finance 98

Finance SAP Leadership Cash Management 98

CFO Thought Leader

JULY 11, 2023

Ledge empowers finance teams with tools to centralize their payments data, get a real-time payments snapshot, automate multi-way reconciliation, identify problem transactions, accelerate their investigations, and dramatically lower the risk of losses, all without any engineering support.

CFO 40

CFO Reconciliations Leadership Finance 40

PYMNTS

MARCH 8, 2018

for higher education opportunities each year, many parents end up getting an unexpected crash course in cross-border car shopping. In Australia, a hospitality company is putting blockchain solutions to work on payment reconciliation. for higher education opportunities annually — and many need a set of wheels during their stay.

Education 43

Education Accounts Payable Reconciliations B2B 43

PYMNTS

JANUARY 30, 2020

Virtual cards can improve accounts payable (AP) processes, benefiting both buyers and suppliers by streamlining day-to-day payments, and providing greater control over cash flows. The cards are also linked to checking or other payment accounts, and expire at designated times. Streamlining The AP Purchasing Process.

B2B 71

B2B Invoicing Accounts Payable Reconciliations 71

The Charity CFO

JANUARY 5, 2023

Accountability for everyone involved. Educate the staff and board on critical issues triggered by certain gifts. When creating your fiscal policy, ensure that it complies with the Generally Accepted Accounting Principles (GAAP). Make board members accountable. Better information dissemination. Unbiased decision-making.

Nonprofit 52

Nonprofit GAAP Budgeting Auditing 52

PYMNTS

OCTOBER 14, 2020

Accounts payable and receivable used to be concrete, separate operations. At the end of the day, he said, every company (regardless of size or focus) should endeavor to know exactly how cash is flowing in and out of accounts, and what liquidity positions are in real time (which, of course, requires real-time data exchanges).

B2B 97

B2B Accounts Payable Reconciliations Economics 97

PYMNTS

NOVEMBER 13, 2019

In the drive to manage accounts payable (AP) more efficiently, buyers can not only optimize their own working capital, they can help suppliers, too. With a nod to the partnership model, the Bottomline Technologies VP said FinTechs have helped drive the evolution of accounts payable automation. The Digital Roadmap.

Accounts Payable 46

Accounts Payable Invoicing Reconciliations Accounting 46

PYMNTS

FEBRUARY 17, 2020

Flywire’s major interest as it pushes deeper into healthcare, Massaro said, remains nearly identical to what it was when it entered the market as a tiny startup trying to fix higher education and healthcare payments around the world: simplifying the payments and receivable process for the biller so they can match payments to the bills they send out.

Healthcare 91

Healthcare Reconciliations Startups Education 91

PYMNTS

DECEMBER 5, 2019

The latest evolution of commercial card technology, however, aims to position cards as a digital tool for accounts payable teams to make supplier payments. Undoubtedly, the biggest hurdle in commercial card adoption in accounts payable is vendors’ reluctance to accept the interchange fee associated with receiving payments.

Accounts Payable 53

Accounts Payable B2B Reconciliations Accounting 53

BlueLight

JULY 16, 2020

In these conversations, I observed each finance leader had a different perspective and approach with their financial accounting partner. I caught up with Sandeep Shroff, Co-Founder and CEO of myStartUpCFO , an accounting firm that provides on-demand full-stack CFO services for startups. It’s a cause close to my heart?

Startups 52

Startups CFO Reconciliations General Ledger 52

PYMNTS

NOVEMBER 7, 2019

The new partnership, Massaro said, is designed to provide BoA clients enhanced access to their cross-border payments and receipts, as well as offering a streamlined cross-border payments experience for BoA’s higher education and corporate clients. The partnership between BoA and Flywire is new, but their association is long, Massaro noted.

Foreign Exchange 44

Foreign Exchange Education Reconciliations Banking 44

PYMNTS

OCTOBER 30, 2019

Open banking jumped onto the financial services scene with a focus on enabling consumer-facing FinTech platforms to connect with their users’ bank account data. The model quickly gained traction and today is accelerating its expansion into B2B financial services, too. Open Banking Targets Corporates.

Banking 41

Banking Foreign Exchange B2B Accounting 41

PYMNTS

MAY 7, 2018

In a survey of financial institutions facilitating Same-Day ACH for their customers – which collectively account for about 66 percent of ACH origination volumes – NACHA found that exactly zero percent reported an increase in fraud. That doesn’t mean that fraud linked to ACH transactions is nonexistent, however.

Education 47

Education Treasury Reconciliations Banking 47

The Finance Weekly

OCTOBER 13, 2021

Universities had to move to online learning when students were suddenly obliged to stay at home due to local health restrictions, while still providing them with a good educational experience. When a firm spends weeks reconciling accounts, closing the books, and reporting earnings to stakeholders, moving quickly is challenging.

Mergers and Acquisitions (M&A) 52

Mergers and Acquisitions (M&A) Economics Risk Management Reconciliations 52