PYMNTS

APRIL 11, 2019

Financial management platform Sage Intacct is integrating data from cash management tool Trovata.io to provide real-time visibility into cash positions for corporate users. Joint customers will be able to generate reports and enhance cash management process automation using Trovata.io

Cash Management 43

Cash Management Cash Flow Forecasting Accounts Payable Forecasting 43

PYMNTS

APRIL 29, 2016

In an announcement on Wednesday (April 27), APEX Analytix revealed a four-step cash management strategy to combine data analytics and supplier management tools. Accounts payable and procurement are partnering with treasury to look at cash management more holistically,” the executive said.

Cash Management 40

Cash Management Accounts Payable Treasury Invoicing 40

PYMNTS

AUGUST 25, 2016

Analysts found a major gap in how executives understand the connection between everyday financial functions, like inventory management, accounts payable and accounts receivable, and cash flow. Surprisingly, 7 percent admitted they have no strategic plan, nor do they plan to create one.

Cash Management 40

Cash Management Manufacturing Accounts Payable Profit and Loss 40

PYMNTS

AUGUST 3, 2017

Accounts payable company MineralTree just gave a big show of support for commercial cards when it announced this week it is partnering with American Express (Amex) to offer companies an integrated platform to support supplier payments via virtual commercial card. The vast majority of payments are still made by paper check.”. “And

Cash Management 43

Cash Management Accounts Payable B2B Accounting 43

PYMNTS

SEPTEMBER 17, 2019

Operating as a funding agent will broaden community banking participation in RTP, Bankers’ Bank said, adding that it will also build a 24/7 liquidity management solution for RTP transactions within its cash management suite of services.

Accounts Payable 43

Accounts Payable B2B Accounting Invoicing 43

Future CFO

JULY 21, 2021

Albert Leong, managing director, Esker Asia, defines the cash conversion cycle (CCC) as a metric to express the time it takes for the company to convert their inventory into cash flow. This touches on both accounts receivables and accounts payables of their business cycle.

Accounts Payable 95

Accounts Payable Finance Communication Accounting 95

Future CFO

FEBRUARY 13, 2023

Having an experienced succession of crises since the beginning of 2020, FutureCFO asked two finance leaders their views on the challenges facing treasury and cash management during the pandemic and coming out of it. What is the biggest change to the Treasury and Cash Management (TCM) function brought about by the pandemic?

Treasury 98

Treasury Cash Management Restructuring Accounts Payable 98

Future CFO

JANUARY 1, 2024

Among the leading use cases identified for optimisation include financial planning and analysis (FP&A), cash management, and accounts payable automation. Manufacturers indicated they are more focused on period-end closing; distributors more on inventory management.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) CFO Accounts Payable Manufacturing 52

https://trustedcfosolutions.com/feed/

JANUARY 31, 2023

Eighty-two percent of those that fail do so because of insufficient funds and cash flow problems. Formal Cash Management Procedures Getting the right balance of cash isn’t always easy. Review your cash flow statements early and often — make this a regular basis. Automate your accounts payable processes.

Cash Flow Forecasting 57

Cash Flow Forecasting Accounts Payable Forecasting Cash Management 57

PYMNTS

JANUARY 8, 2021

Automation’s long march to the present day finds automation grinding out new solutions to cash management issues during a topsy-turvy economic time. Cash Management Moving in Virtual Directions. Back in 1785, a fellow by the name of Evans invented the first fully automated industrial process — a water-powered flour mill.

B2B 61

B2B Accounts Payable Cash Management Invoicing 61

CFO Simplified

SEPTEMBER 16, 2022

It also includes: The invoices that you have entered into accounts payable, and. Cash Flow Management. This is cash flow management. Your part-time CFO is ready to help you put together a cash management plan to take the uncertainty off your desk. You can’t pay bills with a wish and a prayer.

Accounts Payable 52

Accounts Payable Prioritization CFO Invoicing 52

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.”.

B2B 94

B2B Treasury Accounts Payable Cash Management 94

https://trustedcfosolutions.com/feed/

MAY 27, 2022

Use Sage Intacct’s order management module to help you streamline complex quote-to-cash processes and handle high order volumes, processing complexity, and inventory challenges that restaurants often struggle with. Cash management allows you to gain a complete picture of your cash and working capital with real-time visibility.

Accounting 108

Accounting General Ledger Accounts Payable Cash Management 108

PYMNTS

JULY 3, 2019

Accounts receivable departments are often hospitals’ first lines of defense for maximizing days cash on hand, but when cash flow trickles to a drip, the ramifications are felt all the way through to accounts payable. Cash is always important, but for hospitals, it’s extra important,” he said in an interview.

Accounts Payable 46

Accounts Payable Healthcare Invoicing Compliance 46

PYMNTS

APRIL 23, 2020

Like consumer-facing platforms, Hogan said the user experience is key to addressing the challenge of enabling independent contractors to manage their own financial admin, including taxes, invoice payments, accounts receivable and cash management. Accounts payable is the money you owe your suppliers.

Accounting 56

Accounting Accounts Payable Invoicing Cash Management 56

PYMNTS

DECEMBER 30, 2020

As they need to move into more robust back-end services, said Shields, these expanding companies take a more granular look at their treasury and payment services — and banks must have a strong payments and cash management integration with ERP. Many-To-Many Markets . Thus far, the markets are “many to many,” as Shields put it.

Banking 97

Banking Accounts Payable Treasury Reconciliations 97

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. That information is then easy to process for generating insights and informing cash management decisions. .

Accounts Payable 93

Accounts Payable Reconciliations Invoicing Treasury 93

PYMNTS

MARCH 27, 2019

Accounts payable (AP) automation company Tipalti is expanding its reach into the market by partnering with three new B2B companies, which will extend Tipalti’s solutions to their own customers. The enhanced integration aims to strengthen control and communication for both ends of the transaction.

B2B 46

B2B Accounts Payable Reconciliations Cash Management 46

PYMNTS

JANUARY 20, 2021

According to Rajiv Ramachandran , senior vice president of product strategy and management at Coupa , the pandemic was a “wake-up call” for many finance leaders who experienced a jolting breakdown of key functions. There were cases where some of these finance teams could not even understand what their cash visibility looked like.”.

B2B 125

B2B Prioritization Invoicing Corporate Finance 125

The Charity CFO

JUNE 7, 2023

cash, investments, receivables) and liabilities (e.g., accounts payable, loans). This analysis supports decision-making regarding debt management, investment strategies, and asset allocation. It helps monitor cash flow cycles, anticipate cash needs, and manage working capital efficiently.

Nonprofit 52

Nonprofit Accounts Payable Budgeting Financial Analysis 52

Jedox Finance

APRIL 4, 2023

Teams with a strong cash management culture are well positioned to meet those sudden challenges, according to EY research. wages, accounts payable, and debts) from current assets (e.g., cash, accounts receivable, and inventory). It is calculated by subtracting current liabilities (e.g.,

Forecasting 52

Forecasting Cash Flow Forecasting Cash Management Profit and Loss 52

CFO Simplified

APRIL 8, 2022

Also, although the company was profitable, it wasn’t building any cash balances. Significant Findings and Recommendations: Internal Controls – Cash Operations. The office manager controlled the company’s financial operations. She did payroll, accounts payable, invoicing and cash receipts. Cash Management.

Accounts Payable 52

Accounts Payable Cash Flow Forecasting Reconciliations Forecasting 52

PYMNTS

JULY 2, 2020

Often at the center of this initiative is the accounts payable (AP) department — and unsurprisingly for these volatile times, the strategy can turn toward lengthening the days payable outstanding (DPO). “On the buyer side, utilizing cards and shifting away from checks, wire and ACH provides a new credit instrument.”

Economics 104

Economics Accounts Payable B2B Reconciliations 104

CFO Simplified

SEPTEMBER 16, 2022

In many cases, internal controls are procedures that manage activities within a department. Here, the relationship between the Purchasing Department, the Receiving Dock, and Accounts Payable is verified. When the three items all match, the Accounts Payable staff is cleared to issue payment to the supplier.

Accounts Payable 52

Accounts Payable Invoicing Risk Management Accounting 52

PYMNTS

NOVEMBER 9, 2020

Accounts payable (AP), accounts receivable (AR) and other capital management workflows are also not immune to pandemic-related struggles. We saw what were traditionally transactional processes, like accounts receivable [and] accounts payable, become strategic imperatives,” she explained.

Accounts Payable 52

Accounts Payable Forecasting Invoicing Leverage 52

PYMNTS

DECEMBER 5, 2019

After all, money exits a company through more than one avenue, whether it be via the accounts payable department or a firm’s own employees. Understanding businesses’ biggest payment pain points requires a wide line of sight.

Accounts Payable 52

Accounts Payable B2B Problem Solving Nonprofit 52

PYMNTS

JUNE 21, 2018

The stats indicate key areas in which professionals say they are increasing awareness and use of digital solutions to make accounts payable and accounts receivable processes faster, more streamlined and more secure. Yet the report also highlighted a few areas that suggest not much has changed in the way of reducing paper.

Accounts Payable 44

Accounts Payable B2B Invoicing Prioritization 44

PYMNTS

JUNE 21, 2016

The B2B payments space has seen significant growth thanks to developers that often focus either on the accounts receivable or accounts payable side of cash management. A new partnership in the industry, however, brings both AR and AP management together.

Accounts Payable 43

Accounts Payable Invoicing B2B Cash Management 43

PYMNTS

AUGUST 9, 2019

That’s what makes the marrying of front-office finances with back-office finances so valuable for this space, according to Teri Wilson, general manager at restaurant accounts payable technology firm Sourcery. At first glance, the synergies between a point of sale (POS) and accounts payable solution may not appear clear.

Accounts Payable 43

Accounts Payable Invoicing Reconciliations Finance 43

PYMNTS

FEBRUARY 14, 2017

Mastercard struck a deal to help automate the accounts payable process for businesses in the United Arab Emirates , reports said Sunday (Feb. Together, the companies rolled out a cloud-based invoicing and B2B payment solution aimed at helping business users better manage cash flow. . ”

Accounts Payable 40

Accounts Payable B2C B2B Invoicing 40

PYMNTS

FEBRUARY 1, 2021

Automatically looping information across various financial platforms — including accounts payable (AP), accounts receivable (AR) and expenses — is critical to achieving a real-time view of cash positions and developing more accurate forecasts.

Accounts Payable 98

Accounts Payable Compliance Corporate Finance Cash Management 98

PYMNTS

OCTOBER 1, 2020

At a high level, said Disque, the embrace of automated accounts payable (AP) processes has been consistent across verticals. CSI, he noted, has insight into a number of industries, where the payment processing platform (focused on integrated payables) aggregates and accepts payments on behalf of a wide range of businesses.

Accounts Payable 77

Accounts Payable Cash Management Construction Invoicing 77

PYMNTS

NOVEMBER 8, 2019

Bottomline Technologies reported fiscal first-quarter results that showed continued traction in areas of digital banking and accounts payable (AP) technologies. Digital banking saw four new customers, with one of those firms signing up for payments, cash management and cyber fraud risk management. percent to $108.1

Banking 43

Banking Accounts Payable Healthcare Treasury 43

CFO Simplified

AUGUST 18, 2022

Days’ Receivables = Accounts Receivable / (Annual Sales / 365). Days’ Payables. Days’ Payables is the average number of days you take to pay suppliers. Days’ Payables = Accounts Payable / (Annual Cost of Goods Sold / 365). Please note the above calculations are based on a full year.

Accounts Payable 105

Accounts Payable Invoicing Accounting Sales 105

PYMNTS

JANUARY 16, 2020

Solution providers in accounts payable (AP) and accounts receivable (AR) are increasingly servicing not only their corporate customers, but their customers’ own business partners with their technologies. The AP Impact of Late AR.

Accounts Payable 56

Accounts Payable Invoicing Treasury Accounting 56

PYMNTS

SEPTEMBER 21, 2017

20) that it has launched Alan, chatbot technology designed to assist business accountants. The solution is integrated into Gappify’s cloud accounting software and can complete various tasks related to accounts payable, accounts receivable, payroll and other cash management functions, the company said.

Accounting 45

Accounting Accounts Payable Cash Management Accounting Standards 45

PYMNTS

OCTOBER 17, 2017

17), Visa said it is tackling that issue through a new partnership with accounts receivable (AR) and cash management company Billtrust. When it comes to growth of virtual corporate card payments, we have seen and built a lot of momentum on the accounts payable side,” Hall said. “We

Reconciliations 47

Reconciliations Accounts Payable B2B Cash Management 47