PYMNTS

JULY 14, 2020

As the United States experiences a coin shortage due to the pandemic, some brick-and-mortar retailers are forcing consumers to tell cashiers to “keep the change.”. Not only will those customers give the grocers some personal information in doing so, but they’ll presumably revisit the retailer in the future to spend their unused change.

Retail 116

Retail Accounting 116

PYMNTS

DECEMBER 29, 2020

In an interview with PYMNTS, Lilia Metodieva, managing director at Monneo , said virtual international bank account numbers (IBANs) can help firms gain scale internationally, and customize payments to serve the needs of their end customers.

Numbers 115

Numbers Accounting Banking Currencies 115

PYMNTS

SEPTEMBER 3, 2020

And in many places, for the first time, our retailers are open to it. Narlinger said that stored value exists all over the commerce landscape — in rewards or loyalty accounts currently holding points, frequent flyer miles or stars. They're seeing this as an opportunity to change and shift.”. Unlocking Stored Value . Can we unpack it?’

Retail 115

Retail Sales Leverage Technology 115

PYMNTS

NOVEMBER 22, 2020

Despite a recent surge in coronavirus cases, retailers are fighting for a rework and loosening of shopping restrictions before Black Friday and the holiday season. Retailers that sell essential items alongside their other products have been labelled “essential,” giving them an unfair advantage over other stores, some allege.

Retail 108

Retail Sales Accounting Planning 108

PYMNTS

NOVEMBER 9, 2020

“We are essentially taking glass doors that were probably underutilized and not asking the retailer for any additional physical space.”. From a business standpoint, we believe that things like sales lift are obviously a really important metric,” Dravenstott said, “and you don't hear that much in brick and mortar retail.

Retail 110

Retail Advertising Sales Manufacturing 110

The Charity CFO

JANUARY 13, 2022

But accounting for in-kind donations presents its own unique challenges. In this article, we’ll dig into how to account for in-kind donations on your nonprofit’s books. Why accounting for in-kind donations matters. Accounting for in-kind donations isn’t just important; it’s required for many nonprofit organizations. .

Nonprofit 98

Nonprofit Accounting GAAP Accounting Principles 98

Musings on Markets

NOVEMBER 10, 2022

In this post, I will revisit Facebook's most recent earnings report, and argue that while it contained disappointing news on growth and profitability, the bad news was exaggerated by systematic inconsistencies in how accountants categorize expenses, skewing earnings and invested capital down in firms that don't fit the accounting prototype.

Accounting 79

Accounting Advertising Valuation Investments 79

VCFO

JANUARY 23, 2023

Five Key Aspects of Accountability in Your Business Inflation issues and supply chain woes aren’t going away anytime soon. Achieving these aims also requires accountability, as even the best of plans will fall short in its absence. At its core, accountability in a business center on setting expectations and holding people to them.

Accounting 77

Accounting Leadership Communication Planning 77

CFO Share

JANUARY 2, 2025

But four days before year-end the busiest time of year for accounting firms they ran out of cash and ceased operations. It’s as though Walmart went out of business, and I’m a small-town retailer. For example, Bench ranked #1 in accounting SEO thanks to its professional marketing department.

Startups 52

Startups Accounting Prioritization Securities 52

CFO Plans

AUGUST 2, 2024

In today’s rapidly evolving business landscape, the integration of technology into accounting practices has shifted from a luxury to a necessity. With the demands of modern businesses continuously growing, leveraging technology to streamline accounting processes is crucial for maintaining accuracy, efficiency, and competitiveness.

Technology 52

Technology Accounting CFO Tax Planning 52

CFO Plans

AUGUST 9, 2024

In the rapidly evolving landscape of business accounting, staying ahead requires more than traditional bookkeeping. Cloud Accounting Services Transform Financial Practices The shift to digital has revolutionized accounting practices. Transform your financial practices with cloud accounting services.

Accounting 52

Accounting Tax Planning CFO Startups 52

CFO News Room

FEBRUARY 5, 2022

Asking the Future Retail ’s 27 lenders to take a “realistic approach”” while reconsidering their decision, the Supreme Court on Tuesday asked them to explain in two days as to why they should not be restrained from declaring the Kishore Biyani firm as a defaulter for failing to pay their loan dues to the tune of Rs 3,494.56

Retail 130

Retail Banking Accounting Finance 130

CFO Plans

MAY 30, 2024

Yet, many businesses struggle with the complexities of accounting, often leading to costly mistakes and missed opportunities. Discover how outsourcing accounting services can improve your financial health , enabling businesses to focus on growth while ensuring their financial health is in expert hands.

Compliance 52

Compliance Accounting CFO Manufacturing 52

PYMNTS

DECEMBER 18, 2020

Cybercriminals have been homing in on eCommerce retailers that are seeking to capitalize on the rise of online shopping this season, as they believe that “they will be more likely to get through unabated,” the company said. Digital fraud is a longstanding issue for retailers and banks.

eCommerce 133

eCommerce Retail Accounting Sales 133

CFO Plans

JUNE 14, 2024

In today’s AI-powered business environment, accounting is no longer just about crunching numbers. Let’s explore five key accounting services that can transform your business operations and help you stay ahead of the competition.

Accounting 52

Accounting Manufacturing CFO Tax Planning 52

CFO Plans

SEPTEMBER 24, 2024

Discover expert tax planning and accounting services designed to help you thrive. Effective tax planning and accounting are not just about compliance; they are about unlocking opportunities for growth and stability. Embrace Virtual Accounting Services for Startups For startups, managing finances can be particularly challenging.

Tax Planning 52

Tax Planning Accounting Planning Budgeting 52

PYMNTS

JANUARY 6, 2021

If the high-level concept is that merchants will accept and banks will issue, in terms of mechanics, the CoDi platform lets users with savings accounts at participating financial institutions to make wire transfers through their phones by scanning merchants’ QR codes or wielding devices at on-site NFC terminals.

Banking 145

Banking Planning Accounting Currencies 145

PYMNTS

APRIL 13, 2020

For a lot of retailers and merchants right now, it’s a fight for survival, and the last thing that they want to be doing is dealing with stolen credit cards and merchandise that results in chargebacks. A decade ago, bad actors were stealing card numbers for digital fraud, and now they’re taking over whole accounts.

Securities 129

Securities eCommerce Concentration Accounting 129

PYMNTS

JANUARY 8, 2021

Bloomberg notes that such an offering would be unusual, as retail investors generally do not get an opportunity to participate in an IPO at the offering price. Having retail investors buy shares ahead of the opening could also limit the size of the rally of the stock on its first day of trading. The FinTech was valued at around $11.7

Compliance 145

Compliance Communication Retail Startups 145

PYMNTS

JUNE 25, 2020

The feature allows customers in the United Kingdom to connect their American Express accounts to Revolut , allowing them to see their balances and transactions in a single app. As a result, customers had limited access to account information since the only way to view it was by accessing multiple websites or apps, the company said.

Banking 123

Banking Invoicing Budgeting Accounting 123

PYMNTS

OCTOBER 5, 2020

And CVS in August became the first major retailer to introduce PayPal QR code technology, which it plans to roll out in its 8,200 U.S. For instance, Square just launched its QR-code driven Square For Restaurants platform, which allows customers to browse menus, place orders and pay for meals with simple scans from their phones.

Retail 144

Retail Accounting Technology Securities 144

PYMNTS

AUGUST 21, 2020

Engaging customers in socially responsible causes can help retailers build trust and develop lasting relationships that translate into many return visits. Some retailers are engaging consumers by allowing them to use their BNPL accounts to donate directly to nonprofits they choose. Around The Buy Now, Pay Later World.

Nonprofit 117

Nonprofit Retail Entertainment Sales 117

PYMNTS

AUGUST 17, 2020

The Commerce Department released July’s retail sales last week, showing an increase in seasonally adjusted retail spending – up 1.2 Analysts reported that physical retail sales, seasonally adjusted, were up 2.7 And what we also see is only one part of the retail sales story. percent growth in June.

eCommerce 134

eCommerce Retail Sales Numbers 134

PYMNTS

DECEMBER 17, 2020

Digital fraud is a long-running problem for merchants, retailers, banks and businesses of all types. Account takeovers and shipping fraud increased by 347 percent and 391 percent, respectively, between 2018 and 2019, and the pandemic has only exacerbated these issues. Developments From The World Of Digital Fraud.

Retail 102

Retail Education Securities Banking 102

PYMNTS

AUGUST 5, 2020

In the current environment, of course, the pandemic decimated foot traffic across any number of verticals — restaurants and retailers come to mind, of course. If consumers have accounts with a particular bank, they can pour coins into the kiosk and conduct a direct-to-account bank deposit. The Brick-And-Mortar Component.

Currencies 135

Currencies Advertising Numbers Accounting 135

PYMNTS

NOVEMBER 30, 2020

A hacker is reportedly selling information from hundreds of C-suite executives' Microsoft -based email accounts, according to a report from Engadget. apparel maker and the CFO of a European retail chain," according to Engadget. The accounts went on the market at a limited-access forum in the Russian underground.

CFO 116

CFO Accounting Securities Retail 116

CFO News Room

NOVEMBER 25, 2022

Some of Kuehne + Nagel’s luxury retail customers have as many as 44 packaging sizes. By last year, however, online sales had grown to account for 22% of luxury retail sales, up from 6% in 2015, according to reports from consulting firms McKinsey & Co. and Bain & Co. Best Buy Co. A Louis Vuitton bag.

Transportation 130

Transportation Sales Retail Accounting 130

PYMNTS

SEPTEMBER 27, 2020

Sezzle , the installments payments platform, will be working on buy now, pay later (BNPL) services with Target , a press release says, which will test how the popular payment trend works with the retail giant's operations. Bork is responsible for Sezzle’s large-scale acquisition efforts.

Leadership 120

Leadership eCommerce Retail Planning 120

CFO News Room

NOVEMBER 19, 2022

With Robinhood , you can get a free stock worth $3 to $225 after opening an account and fulfilling its conditions. Robinhood says about 98% of the free stock they give out is worth $3 to $10, which is what I have found from personal experience and in the screenshot from my Robinhood account below: But free is still free.

Retail 130

Retail Accounting Investments Advertising 130

PYMNTS

DECEMBER 28, 2020

It could be argued that for the retail industry to pull off a 3 percent uptick for holiday sales this year was an astonishing feat. Three percent is a healthy number, as Sadove said, but it is more of a testament to the retail industry’s marketing than it is an indication of consumer spending health. percent unemployment rate.

eCommerce 104

eCommerce Retail Sales Advertising 104

PYMNTS

JANUARY 19, 2021

With so many retail stores closing, they need to be able to provide a way to sell D2C wherever those consumers are online.”. Retailers are entering new markets at a time when regulations are becoming more complex and costly, not less.

eCommerce 128

eCommerce Compliance Invoicing Retail 128

CFO News Room

JANUARY 13, 2023

If you want to earn some money fast while shopping online, the following cashback apps make this a possibility: Shopkick is a loyalty rewards app that lets you earn rewards when you shop online with more than 80 retailers. MyPoints lets you rack up points at more than 2,000 major retailers, including Walmart and Amazon.com.

Accounting 130

Accounting Retail Banking Communication 130

PYMNTS

SEPTEMBER 30, 2020

Dramatic shifts are underway in the retail sector as it adjusts to consumers’ increasingly digital preferences. These retailers are accustomed to engaging with their customers in brick-and-mortar stores and building long-lasting relationships that lead to brand loyalty. OAK + FORT On Navigating Changing Consumer Behaviors With BNPL.

Planning 111

Planning eCommerce Retail Leverage 111

PYMNTS

DECEMBER 9, 2020

When Home Depot announced last month its plans to acquire HD Supply Holdings , it wasn’t just a sign of expansion for the home improvement retailer. For a consumer-facing retailer, these workflows can be unfamiliar and add a flood of friction into the sales process. The Outsourced FinTech Opportunity.

B2C 118

B2C B2B Accounts Payable Invoicing 118

CFO Thought Leader

SEPTEMBER 26, 2024

1,037: Optimizing Growth and Margins: A CFO’s Strategic Playbook | Regi Vengalil, CFO, Trax Retail The post The Mentoring Round | Regi Vengalil, CFO, Trax Retail appeared first on CFO THOUGHT LEADER.

CFO 52

CFO Retail Finance Accounting 52

PYMNTS

SEPTEMBER 21, 2020

Business model flexibility has proven to be essential to the survival of companies, and migrating sales operations online can be a savior for traditionally brick-and-mortar retailers. You have to reflect both gross amounts and fees in your accounting. That doesn't mean it's impossible to do, however.

eCommerce 114

eCommerce Profit and Loss Education Accounting 114

Future CFO

APRIL 10, 2024

Retail organisations in the Asia-Pacific region are selecting Workday Financial Management to drive greater profitability, according to a recent press release from the system software company. Retailers across the APAC region including Aesop, Charles & Keith, Kolmar Korea Holdings Co., Ltd, Mondelez, MUSINSA Co.,

Retail 52

Retail Finance Leverage Economics 52