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

JUNE 2, 2020

To provide non-touch invoice processing and support remote work, SoftCo rolled out its SoftCo ExpressAP accounts payable (AP) automation technology. launched its Semantik Invoice cloud-based data acquisition offering to automate accounts payable (AP) processes per news in May. In separate news, Ephesoft, Inc.

Invoicing 52

Invoicing Accounts Payable Vendor Management Accounting 52

PYMNTS

MARCH 10, 2020

EnKash was aiming to reach startups with the credit card product, connecting small and medium-sized businesses with a revolving credit line to pay vendors, manage employee travel expenses, pay ultities and more.

Startups 57

Startups Accounts Payable Vendor Management B2B 57

PYMNTS

MARCH 10, 2020

As more technology emerges to sit between a company’s accounts payable (AP) platform and its vendor’s accounts receivable (AR) portal, service providers are looking to ease friction in a multitude of ways, from accelerating payments and cash flows to easing contract negotiations. Crowdz Pilots Invoice Crowdfunding.

Accounts Payable 57

Accounts Payable Invoicing B2B Vendor Management 57

PYMNTS

OCTOBER 14, 2016

. “By embedding our Working Capital Terms’ digital loans directly into QuickBooks, we make financing available to our customers when and where they need it most to pay vendors, simplifying the payments process and reducing time spent reconciling accounts.”

Finance 74

Finance Vendor Management Reconciliations B2B 74

PYMNTS

NOVEMBER 9, 2016

“The risk exposure varies greatly,” the senior manager of fund accounting strategy for Abila told PYMNTS. Abila recently rolled out updates to its nonprofit accounting software offerings with these trends in mind. Just like any organization, accounting has to be efficient, accurate and compliant.

Compliance 69

Compliance Nonprofit Accounts Payable Vendor Management 69

CFO News Room

FEBRUARY 6, 2022

Instead of listing that you organized field trips, for instance, say you coordinated three annual events for hundreds of attendees, including marketing and vendor management, she advises. Then she heard from college-search site Niche.com, which had noticed the TikTok account she often used to communicate with students.

Education 130

Education Sales Vendor Management Healthcare 130

PYMNTS

MARCH 4, 2020

The enterprise resource planning ( ERP ) system has been a staple of corporate finance operations for years, acting as a central repository of data and a hub to initiate a range of processes, from accounting to procurement. Efforts to modernize procurement and accounts payable are also opportunities for data integration with the ERP.

Cash Flow Forecasting 104

Cash Flow Forecasting Accounts Payable General Ledger Corporate Finance 104

PYMNTS

OCTOBER 22, 2020

Companies are therefore reconsidering their accounts payable (AP) and accounts receivable (AR) strategies, including everything from how they place orders to how they pay for them. Vendors that want to reach business clients overseas must have the right strategies and tools in place to tackle various concerns.

Invoicing 63

Invoicing B2B Foreign Exchange Accounts Payable 63

PYMNTS

SEPTEMBER 14, 2018

B2B payments today cause many significant challenges for AP/AR [accounts payable/accounts receivable] departments. Launched by AeroFund last year , AeroPay Express offers virtual procurement cards that link payers to a line of credit and vendor management solutions.

B2B 49

B2B Accounts Payable Vendor Management Risk Management 49

Adam Kae

JULY 17, 2023

Cost Control and Expense Management Efficient cost control is a part of maintaining healthy profit margins. We'll discuss expense tracking tools, negotiation tactics, vendor management, and other strategies to keep your costs under control. Check out , this resource to get a head start on controlling your expenses.

CFO 52

CFO Marketing Cash Flow Forecasting Forecasting 52

PYMNTS

MARCH 26, 2018

The rise of the gig economy means companies can access a wide array of vendors, but an increasing volume of suppliers can lead to complications in the accounts payable department, the company explained, adding that the average large enterprise sees 90 percent of service vendors accounting for just 5 percent of overall spend.

Accounts Payable 43

Accounts Payable Vendor Management B2B Startups 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

JANUARY 29, 2020

Another major hurdle unique to the purchase-to-pay space is the process’s deep touch points with an array of other back-office functions within the enterprise, including vendor management, product sourcing, accounts payable, accounting, inventory management, contract management, manufacturing and distribution, and more.

Banking 52

Banking Accounts Payable Vendor Management Reconciliations 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

PYMNTS

MAY 1, 2017

We detected this fraud against our vendor management team and promptly alerted the authorities,” a Google spokesperson said. “We While the corporate victims of the scam weren’t named at the time, Fortune Magazine recently reported that they were none other than Facebook and Google. Kim, in a statement.

Vendor Management 47

Vendor Management Invoicing Manufacturing Accounting 47

PYMNTS

SEPTEMBER 19, 2018

government taking additional measures to combat late payments, it’s possible that FinTech firms may have an even greater availability of information about organizations’ accounts payable (AP) practices, particularly following the adoption of Open Banking and PSD2 regulations. With the U.K.

Invoicing 64

Invoicing Accounts Payable Finance Vendor Management 64

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 Auditing Securities Banking 40

PYMNTS

AUGUST 26, 2016

Yantra Financial Technologies said earlier this week that it has enabled lenders to deliver funds in real time, using a business bank account known as BlastPay. Similarly, in B2B transactions, supply chain and vendor management becomes easier, and orders and payments can be done in an efficient manner.

B2B 41

B2B Vendor Management Reconciliations Communication 41

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

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. Procure-to-Pay. Accrualify. In its first-ever funding round, U.S.-based

B2B 43

B2B Invoicing Startups Vendor Management 43

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. Paper checks, for example, just aren’t a factor. But the current process still comes with a host of lead weights holding it down.

B2B 48

B2B Reconciliations Invoicing Vendor Management 48

PYMNTS

OCTOBER 17, 2016

“By embedding our Working Capital Terms’ digital loans directly into QuickBooks, we make financing available to our customers when and where they need it most to pay vendors, simplifying the payments process and reducing time spent reconciling accounts.”.

B2B 55

B2B SAP Vendor Management Reconciliations 55

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

PYMNTS

DECEMBER 12, 2018

There are security costs, theft risk, tracking of how cash is used, vendor management, the lack of payroll infrastructure in place, the 10+ percent premium charged for paying taxes with cash, cash courier services and the sheer amount of time required day in and out to manage the flow of paper bills. without resorting to cash.

Banking 68

Banking Compliance Treasury Vendor Management 68