PYMNTS

MARCH 6, 2019

One area where elimination of such processes can be of benefit is treasury management — specifically, reconciliation of transactions and liquidity management. However, with technology in place, Rodrigues explained, treasury can be transformed to become the “24/7 investment arm, to support financial and broader goals for global companies.”.

Treasury 75

Treasury Auditing Foreign Exchange Pharmaceutical 75

Global Finance

DECEMBER 9, 2024

Naveed Anwar, head of platforms and data services, Treasury and Trade Solutions, Citi Services, explains how banks are becoming more agile by embracing disruptive technologies. GF: How are you improving value-added data insights for corporate treasury teams? We can help clients optimize their accounts and liquidity.

Treasury 59

Treasury Invoicing Banking Accounting 59

PYMNTS

DECEMBER 18, 2020

Something’s going to happen with paper checks, paper invoicing — the whole paper thing on a grand scale — and businesses need to be ready for that eventuality. Accounting functions are having a funky year, as COVID caught many corporates either right before or in the middle of big digital transformation projects. days to 42.6

Treasury 76

Treasury Invoicing B2B Reconciliations 76

PYMNTS

SEPTEMBER 4, 2018

“SMBs are still making rather basic changes in their business processes – shifting toward cloud solutions for CRM, invoicing, project management,” he recently told PYMNTS. The impact and ROI of electronic invoicing can be more immediate, too. “With electronic invoicing, the control of the supplier grows.

Invoicing 70

Invoicing Analyzing Data Technology B2B 70

PYMNTS

AUGUST 7, 2020

The scenario of frazzled buyers negotiating extended payment terms — in many cases having to choose who gets paid and who doesn’t — has made the whole “invoice to check to envelope to swirling vortex of the unknown” thing absurd. Configurable And Secure For Remote Treasury. Who has the time for this anymore?

Accounting 72

Accounting B2B Accounts Payable Treasury 72

PYMNTS

JANUARY 27, 2020

Fleet management platform Vector is expanding its Delivery-to-Cash offering with the introduction of automated invoicing and accounts receivable functionality. Load data is automatically populated into invoices, which can be combined with other delivery documents from existing treasury management portals.

Invoicing 56

Invoicing Treasury Accounting Planning 56

PYMNTS

SEPTEMBER 26, 2018

With adoption rates now rising, accounts payable (AP) departments have improved their positions within the enterprise as strategic functions, with the potential to offer greater insight into company operations. less to process a single invoice. Invoice processing is also an average of 7.5 days faster for best-in-class firms.

Accounts Payable 64

Accounts Payable Accounting Invoicing B2B 64

Bramasol

JUNE 25, 2024

However, amidst the ever-expanding role of the Office of the CFO, accounting still is a major responsibility and this arena also is radically changing with the availability of new tools, technologies and challenges. 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

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

PYMNTS

OCTOBER 14, 2020

The financial entity has rolled out a push-to-debit feature for its treasury customers with the assistance of a third-party technology partner, according to recent announcements. Digital disbursements therefore appear to be taking a greater role in treasury management.

Treasury 103

Treasury Banking B2B Invoicing 103

Simply Treasury

SEPTEMBER 9, 2020

Treasury management is “anticipation”. Unfortunately, invoices do not get paid in profit, but in cash. This explains why the treasury manager, “the custodian of cash”, has become a centre of attention and why Cash Flow Forecasts (CFF) have become so essential. not all cash can be reported to central treasury.

Cash Flow Forecasting 130

Cash Flow Forecasting Forecasting Treasury Budgeting 130

PYMNTS

NOVEMBER 11, 2020

The Playbook also calls out “three-way invoice matching — in which staff must compare invoices to purchase orders and goods received notes,” and the frustrations that brings, but automation can reduce these stresses by matching these invoices automatically. Capital Management Leans Into Digital. A recent survey found that 74.2

Invoicing 87

Invoicing Accounts Payable Treasury Reconciliations 87

PYMNTS

SEPTEMBER 28, 2020

21 percent of business leaders say payment authorization and authentication are requirements when choosing a treasury management platform , a report by Citizens Commercial Banking found. million was stolen from one company via accounts payable (AP) fraud , the Chicago Tribune reported. 45 percent of U.S.

Accounts Payable 96

Accounts Payable Invoicing Treasury B2B 96

PYMNTS

NOVEMBER 10, 2020

Businesses of all sizes struggle with capital management, regardless of whether they employ staff or seek out third parties to handle their cash flows, accounts payable (AP) and accounts receivable (AR) processes and other related tasks. Factors Affecting Working Capital Needs. Automating Capital Management.

Invoicing 87

Invoicing Accounts Payable Treasury Sales 87

PYMNTS

DECEMBER 30, 2020

As treasury management becomes increasingly digital, a bank’s corporate banking clients face challenges when it comes to modernizing treasury workflows. The vast majority of treasury organizations want simple, tech-driven solutions that don’t require them to go out and make use of new products.

Banking 97

Banking Accounts Payable Treasury Reconciliations 97

PYMNTS

FEBRUARY 1, 2021

If at that time, someone would have asked Citi Managing Director and Global Head of Domestic Payments and Receivables Anupam Sinha how long it would take for corporate treasury organizations to fully embrace digital , he said his answer would likely have been something along the lines of, “Don’t hold your breath.”. he explained.

B2B 94

B2B Treasury Accounts Payable Cash Management 94

PYMNTS

JUNE 23, 2020

Large companies may receive thousands of monthly invoices that must be processed quickly and economically, and firms of all sizes need to track payment obligations and issue funds. The accounts payable (AP) automation market is expected to grow from $1.6 The accounts payable (AP) automation market is expected to grow from $1.6

Accounts Payable 85

Accounts Payable Invoicing Treasury SAP 85

PYMNTS

SEPTEMBER 27, 2020

HighRadius , a FinTech working in automation for order-to-cash and treasury management, has announced an expanded strategic relationship with Commerce Bank , according to a press release. In this digital-first economy, AI is a critical component of their digital transformation.”.

Banking 89

Banking Treasury Reconciliations Invoicing 89

PYMNTS

NOVEMBER 25, 2020

This combination of facilitating payment and data connectivity was the motivation behind Transcard's launch of automated account-to-account (A2A) transactions. The Account-To-Account Connection. Today, suppliers that receive a transaction may see funds weeks after an invoice is issued. Deepening Data Ties.

B2B 116

B2B Invoicing Reconciliations Accounting 116

Future CFO

JANUARY 21, 2021

As liquidity became a significant concern for organizations, the Treasury Department was asked to monitor inflows and outflows more closely. Co-hosed by Kyriba, the lively discussion highlighted a general shift toward the digital Treasury. One immediate challenge that the Treasury department faced was foreign exchange (FX) exposure.

Treasury 52

Treasury Foreign Exchange Currencies CFO 52

PYMNTS

JUNE 12, 2019

In an interview with Doug Cranston, vice president of product management at Bottomline, the executive noted that in the age of speed, fraudsters are able to more easily exploit firms’ vulnerabilities, compromise their accounts payable process and get away with ill-gotten gains, often to vanish without a trace. Fraudsters are getting smarter.

Accounts Payable 62

Accounts Payable Accounting Invoicing Securities 62

Future CFO

JANUARY 30, 2021

However, as many will quickly learn, large enterprises often practice payment terms that can leave businesses hanging on to invoices they can’t really use to pay salaries or suppliers. Click here for a history of invoicing finance, including factoring and trade finance. Why a CFO should care about invoice factoring. What to do?

Invoicing 52

Invoicing CFO Treasury Finance 52

The Finance Weekly

DECEMBER 2, 2024

When you’re making small-talk with someone who isn’t in finance or accounting about how work is going, and they answer with “busy,” do you ever question how hard it really is? They have a five person accounting team who spend an unwieldy amount of time dumping data from NetSuite into Excel. These processes vary.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Data Analysis Financial Modeling 52

Bramasol

JULY 31, 2023

This new post provides a deeper look at how the leasing of medical equipment along with other bundled services or products presents particular challenges for meshing contracts and lessor accounting with DSE management and revenue recognition. According to Allied Market Research, "The global medical equipment rental market was valued at $56.0

Accounting 71

Accounting SAP GAAP IFRS 71

PYMNTS

OCTOBER 31, 2017

For the receivers of those checks, there’s another major argument in favor of the clunky, manual and insecure payment rail, according to Deluxe Treasury Management Solutions Vice President Gary Cawthorne. You have the invoice, the check, the bank information — everything is there.”.

Invoicing 41

Invoicing Treasury Reconciliations B2B 41

PYMNTS

JANUARY 26, 2021

He said increased sharing of account information through third-party apps supports consumers’ desires, but it is not without its risks. That “something” has a lot to do with account tokenization, which has a lot going for it as an anti-fraud tool. As far as safety is concerned, Waterhouse focused on third-party apps. The EIP Rollout.

Treasury 109

Treasury Accounting Economics Invoicing 109

PYMNTS

FEBRUARY 28, 2020

Purchase, invoice and transaction data are invaluable to the journey of digitization and automation, but organizations are increasingly recognizing that the value can only be realized if that data can integrate seamlessly across platforms. “This combination increases data accuracy, and shortens payment cycles.”

Accounts Payable 83

Accounts Payable Banking Invoicing B2B 83

PYMNTS

JANUARY 8, 2021

PayJunction Debuts Digital Invoicing for Virtual Terminal Clients. Payment processing technology developer PayJunction has rolled out a digital invoice function for companies that harness its virtual terminal offering, according to a Thursday (Jan. 7) announcement. Fides Expands Connectivity for Finance Professionals.

B2B 86

B2B Treasury Invoicing Finance 86

PYMNTS

NOVEMBER 10, 2020

Bank has rolled out its new AP Optimizer, which is a digital tool that works to simplify invoice processing and payments for businesses, according to a press release. Digital invoicing has become popular throughout the pandemic, with WEX Inc. Bank, according to the release.

Accounts Payable 80

Accounts Payable Banking Invoicing Treasury 80

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 are a lot of treasury management issues out there that need to be addressed,” he told PYMNTS in a recent interview.

Accounts Payable 57

Accounts Payable Accounting B2B Reconciliations 57

PYMNTS

JULY 7, 2020

With a focus on its broader treasury management offerings, People’s United is adding MineralTree’s invoice-to-pay solution and FIS’s integrated payables technology to streamline business clients’ accounts payable processes. Five Star Bank Taps Corserv Card Tech.

Banking 96

Banking Accounts Payable Treasury Finance 96

Global Finance

JULY 26, 2024

Clients in Brazil and Mexico can optimize working capital with Intelligent Receivables—powered by artificial intelligence—a collections tool and invoice matching tool that achieves straight-through processing metrics into the 80-90 percentile range.

Cash Management 52

Cash Management Treasury Foreign Exchange Concentration 52

PYMNTS

DECEMBER 1, 2020

We discover a basic truth upon reading PYMNTS November 2020 CFO’s Guide To Digitizing B2B Payments done in collaboration with Comdata : many treasury operations need digital triage. B2B invoices generally take 37.4 Corporate Treasury Needs More Love. are still conducted with checks.”. APIs Fostering Connectedness.

Treasury 64

Treasury Accounts Payable B2B Invoicing 64

PYMNTS

OCTOBER 23, 2019

Deluxe Corporation is augmenting its treasury management solution by integrating a bill presentment and payment processing function into its existing accounts receivable tool. Deluxe Treasury Management said in a press release on Tuesday (Oct. Deluxe automates payments and invoice matching for streamlined reconciliation.

Treasury 40

Treasury Reconciliations Invoicing Accounting 40

PYMNTS

MAY 16, 2016

Between treasury management, accounting, invoicing, cash management and all the other money tools corporates have access to today, it’s a wonder CFOs can keep their heads on straight. It’s changed the game, not only for corporate clients but for the FinTech players developing and offering these treasury solutions.

Treasury 41

Treasury Cash Management Accounts Payable Banking 41

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

Accounts Payable 93

Accounts Payable Reconciliations Invoicing Treasury 93