Future CFO

MAY 15, 2022

Finance leaders may have noticed one invoicing trend that emerged in the last couple of years – the way invoices arrive at their organisations has quite clearly changed. Now, with remote and hybrid work commonplace, most invoices are delivered through employees’ and the finance team’s email accounts.

Invoicing 52

Invoicing Accounts Payable SAP Finance 52

Future CFO

SEPTEMBER 13, 2023

BlackLine said it has announced the first AI-enabled intercompany accounting capabilities. Failures result in billing, invoicing, reconciliation, and settlement delays while adding time, inefficiency, and frustration to an organisation’s intercompany operations, BlackLine note.

Accounting 52

Accounting Reconciliations Invoicing Currencies 52

PYMNTS

MARCH 3, 2020

It’s not difficult for a supplier to tell when accounts receivable (AR) processes are not optimized. Late payments, invoice disputes and even fraud are all glaring red flags of AR inefficiencies and friction. Invoice-to-Cash Optimization. Yet managing this information is key to receiving payment.

Accounting 74

Accounting Invoicing Reconciliations B2B 74

PYMNTS

MAY 4, 2020

Office closures and remote working mandates have created an uncomfortable wakeup call for accounts payable (AP) and accounts receivable (AR) departments that continue to rely on manual, paper-based processes. For both sides, the transaction data of a virtual card payment means streamlined reconciliation and reporting.

Invoicing 66

Invoicing Accounts Payable B2B Reconciliations 66

PYMNTS

OCTOBER 20, 2020

Accounts payable and payments automation solution MineralTree has added automated PO and invoice matching for cloud-based accounting and financial management platform Sage Intacct , a press release says. Trintech made the program for its Adra Suite and it became available via the Sage Intacct Marketplace.

Invoicing 52

Invoicing Accounts Payable Reconciliations Healthcare 52

PYMNTS

AUGUST 2, 2018

Accounts receivable (AR) management solutions provider Invoiced has enhanced its platform through a partnership with U.K.-based The company announced in a press release Wednesday (August 1) that its collaboration with GoCardless enables businesses to support direct debit payments when they invoice their customers.

Invoicing 40

Invoicing Accounting Reconciliations Currencies 40

PYMNTS

NOVEMBER 20, 2019

Citi noted traditional methods of cross-border accounts receivable are inefficient, involving multiple collections service providers with silos between invoicing, collection and reconciliation. The platform integrates cross-border billing, payment acceptance and reconciliation into a single solution.

Accounting 83

Accounting Reconciliations Invoicing Currencies 83

Future CFO

APRIL 6, 2022

Accounts Payable is responsible for so much more than just paying incoming bills and invoices, particularly given today's global challenges. The post Use accounts payables automation to keep your processes in the ‘safe zone’ appeared first on FutureCFO. DOWNLOAD NOW.

Accounts Payable 52

Accounts Payable Accounting Reconciliations Invoicing 52

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

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

JANUARY 22, 2021

Today in B2B payments, TripActions announces new funding that values the T&E startup at $5 billion, while OneSource Virtual launches invoice payment capabilities. OneSource Virtual Rolls Out Invoice Pay For Vendor Payments. Invoice Pay, which is fueled by J.P. Million For SMB Accounting Software. 21) announcement.

Invoicing 66

Invoicing B2B Reconciliations Valuation 66

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. Shields noted that accurately predicting anticipated invoice payment dates can have ripple effects throughout an organization. “No The problems are analog.

Accounting 94

Accounting Invoicing B2B Treasury 94

PYMNTS

NOVEMBER 26, 2020

These firms are also looking to process invoices faster and more efficiently, and they are adopting automations that can rapidly interpret invoice-related information and flow it into their systems. . That means leaving old-fashioned AR methods behind, as many corporate clients no longer want to receive invoices in the mail. . “It

Invoicing 67

Invoicing B2B Accounts Payable Reconciliations 67

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 This can be time-consuming and lead to errors when handled manually.

Invoicing 98

Invoicing General Ledger Reconciliations Budgeting 98

PYMNTS

JUNE 12, 2020

Freelancers have seen particularly harsh economic effects from the ongoing pandemic. Forty percent of those in the U.S. have lost at least $10,000 in income since its onset, leaving many operating on fast-declining savings. The nation

Reconciliations 53

Reconciliations Invoicing Finance Economics 53

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

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. Operations – validates inventory records.

General Ledger 105

General Ledger CFO Accounts Payable Financial Data 105

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. Webjet said it estimates as much as 5 percent of hotel bookings involve a disputed invoice between parties.

Reconciliations 43

Reconciliations B2B Accounts Payable Invoicing 43

PYMNTS

AUGUST 8, 2018

When it comes to accounts payable, there is no shortage of FinTechs that have taken either one of these approaches in an effort to address the many pain points of the procure-to-pay cycle. From this angle, Stampli has designed an invoice processing solution to facilitate communication between key players in the transaction.

Invoicing 48

Invoicing Accounts Payable Communication B2B 48

PYMNTS

DECEMBER 15, 2017

Complex on so many levels, especially when it comes to payments and, more specifically, invoicing, where demands for payment are tracked through paper and electronic means. Via its cross-border reconciliation network, Flywire can collect and reconcile those payments immediately and accurately.

Invoicing 48

Invoicing Reconciliations Currencies Education 48

PYMNTS

MAY 16, 2016

The innovators at SmartStream Technologies have introduced the first solution from its SmartLabs innovation center, and it’s a tool for financial services companies to streamline the reconciliation process. According to the company, it takes only minutes for the solution to identify matches and invoice exceptions.

Reconciliations 40

Reconciliations Invoicing Technology Sales 40

PYMNTS

JULY 3, 2020

Accounts payable (AP) teams and other financial functions of the enterprise were some of the hardest hit by the disruption caused by the global pandemic. “Companies are increasingly looking to more efficiently manage the accounts payable process,” he said.

Accounts Payable 85

Accounts Payable Accounting Banking Invoicing 85

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

JULY 3, 2019

Cost containment solution provider Palmarius Advisors is rolling out an accounts payable (AP) automation solution designed to generate revenue and enhance spend control for corporate users. The company did not reveal details on how it mitigates accounts payable fraud or introduces business users to a new revenue stream with its tool.

Accounts Payable 40

Accounts Payable Accounting Invoicing Reconciliations 40

PYMNTS

SEPTEMBER 20, 2018

Research published last year from the International Factoring Association (IFA) pointed to the trucking and freight industry as the market that uses invoice factoring solutions more than any other. Invoices submitted for financing by freight factoring firms account for more than one third of all invoices processed for funding, the IFA said.

Accounting 63

Accounting Invoicing Accounts Payable Transportation 63

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

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

MARCH 31, 2020

The solution identifies fraud and risk, bolsters decision making, automates manual work and eliminates accounts payable (AP) process errors. This intelligence helps improve future routing accuracy, streamlines payment reconciliation processes, and maintains data hygiene in the ERP,” the release stated.

Accounts Payable 53

Accounts Payable General Ledger (GL) Accounting General Ledger 53

PYMNTS

MARCH 18, 2020

With so many processes still based on paper, accounts receivable (AR) departments within organizations that are less advanced in their digitization journeys are facing added friction as workers are sent home. ” This is especially true for organizations absorbing lockbox files that don’t perfectly match with an invoice. .

Reconciliations 80

Reconciliations Invoicing Communication B2B 80

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. Modern automation and integrations can make it unnecessary to swap between many different applications.

Accounts Payable 93

Accounts Payable Reconciliations Invoicing Treasury 93

The Finance Weekly

APRIL 13, 2024

Conversely, business finance software caters to the more complex financial needs of businesses, offering tools to track income and expenditure, generate financial reports, and handle accounts receivable and payable effectively. Contact Their sales team for a custom quote.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Invoicing Budgeting 52

The Charity CFO

FEBRUARY 4, 2022

Do a Google search on nonprofit bookkeeping, and you’ll find page after page of articles on nonprofit accounting. Because while nonprofit bookkeeping and accounting are related, they’re not the same thing. A bookkeeper records and organizes financial data; an accountant interprets and presents that data. . Invoicing .

Nonprofit 98

Nonprofit Invoicing General Ledger GAAP 98

PYMNTS

OCTOBER 31, 2017

The beauty of paying with a check is, typically, the check is accompanied with the invoice, and all the information is there in front of you,” he recently told PYMNTS. You have the invoice, the check, the bank information — everything is there.”. There’s a big issue about connecting an electronic payment to an invoice,” he added.

Invoicing 41

Invoicing Treasury Reconciliations B2B 41

PYMNTS

JULY 10, 2019

FLEETCOR -owned Cambridge Global Payments has announced the launch of its Invoice Automation Solution. The service automatically extracts data from invoices, PDFs and other trade documents and automates accounts payable while storing payables information for reconciliation and accounting.

Foreign Exchange 64

Foreign Exchange Accounts Payable Invoicing Reconciliations 64

PYMNTS

JUNE 16, 2020

In the June 2020 edition of The Gig Economy Tracker® done in collaboration with Tipalti , we find these traits, among others, defining innovation in accounts payable (AP) software. Many still use manual invoicing systems that can slow payment processes. companies are “… lacking invoice workflow automation in their approval processes.

Reconciliations 67

Reconciliations Invoicing Accounts Payable Auditing 67

PYMNTS

OCTOBER 3, 2016

The newest additions to the platform allow payments professionals to select invoices that are due to be paid and choose to pay them with a single-click function. The fact remains, said the executive, that manual processes and reconciliation can become a cost center.

Accounting 59

Accounting Invoicing Reconciliations B2B 59

PYMNTS

MAY 1, 2020

. “They accept cryptocurrency, facilitate the exchange, charge a professing fee then transfer funds into a bank account in one or two days. ” This is the challenge that Gilded aims to address with its services that enable corporates to issue invoices and accept crypto and digital currencies on those bills. .”

Currencies 68

Currencies Accounting B2B Reconciliations 68