Future CFO

SEPTEMBER 22, 2023

Generative Artificial Intelligence has found its way into India ’s goods and services tax (GST) management landscape, serving as a powerful ally for accountants and businesses amid the complexities of the system. This scalability is particularly beneficial for larger entities that deal with vast amounts of invoices and transactions.

Vendor Management 52

Vendor Management Compliance Reconciliations Invoicing 52

PYMNTS

NOVEMBER 22, 2016

Researchers forecast mobile payments to account for $1 trillion in transactions next year. “Things like digital invoicing, virtual cards and cloud-based finance and accounting will help the bottom line of smaller businesses by enabling them to process and receive payments quickly,” he stated.

B2B 65

B2B B2C Vendor Management Reconciliations 65

CFO Share

APRIL 29, 2024

Utilizing SaaS software, virtual bookkeepers can efficiently handle accounting tasks from anywhere in the world, providing flexibility and accessibility to businesses of all sizes. Downsides of virtual bookkeeping services There are some challenges associated with outsourced virtual accounting. What is Virtual Bookkeeping?

Vendor Management 52

Vendor Management Invoicing Accounting Communication 52

PYMNTS

MAY 1, 2017

We detected this fraud against our vendor management team and promptly alerted the authorities,” a Google spokesperson said. “We The DoJ alleges that the man, Evaldas Rimašauskas, used a business email compromise (BEC) scam to trick Facebook and Google into paying fake invoices, impersonating manufacturer Quanta Computer.

Vendor Management 47

Vendor Management Invoicing Manufacturing Accounting 47

PYMNTS

MAY 12, 2017

Further, he said, fueling its partnership program means Money Mover can not only grow its business, but can help accountants and consultants provide more adequate services to their own SME clients. The firm provides add-on services, including invoice automation, payments, purchase order management and accrual management.

B2B 43

B2B Invoicing Startups Vendor Management 43

PYMNTS

DECEMBER 7, 2017

AeroFund has formed AeroPay Express , a unit that provides virtual procurement cards that act as a line of credit to business payers, as well as vendor management services. Vendors pay a fee to accept the virtual card payment. We’ll get that done by providing immediate cash and pass along the savings.”.

Accounts Payable 40

Accounts Payable Vendor Management B2B Invoicing 40

PYMNTS

JULY 29, 2019

There are sophisticated payment rails capable of moving money instantly, he noted, and when a buyer wants to pay a supplier that payment will route directly from one bank account to another. It isn’t paper free in many cases, because invoices are still drafted on them. And the payment, he noted, is just that — a payment.

B2B 48

B2B Reconciliations Invoicing Vendor Management 48

PYMNTS

APRIL 12, 2016

The nonprofit industry has a lot to gain from this payment technology, claims a new whitepaper from vendor management consulting firm Vendor Centric. According to Vendor Centric, there are four key benefits for nonprofits when it comes to the v-card.

Nonprofit 40

Nonprofit Accounts Payable Reconciliations Cash Management 40

PYMNTS

JUNE 23, 2016

“Regulators are requiring banks to be accountable for vendor performance, and one of the key risks with vendors is their security,” Clare stated. “Having a metric allows banks to be able to assess the security of their vendor infrastructure and the whole supply chain.” 2013, resulting in $3.1

Vendor Management 40

Vendor Management Securities Auditing Banking 40

PYMNTS

JULY 14, 2016

It can provide greater security and risk mitigation capabilities to a company, while others point to supplier management’s ability to lead to faster B2B payments. It may also help the accounts payable process operate more efficiently.

Auditing 40

Auditing Accounts Payable B2B Invoicing 40

PYMNTS

FEBRUARY 15, 2017

Sridharan said the original impetus for starting Kinnek actually came from his cofounder, who was a consultant that helped large enterprises to improve their supply chain and vendor management processes. He would help them find the right suppliers and manage their complex purchasing processes.

B2B 40

B2B Manufacturing Sales Pharmaceutical 40