Remove Accounts Payable Remove Cash Management Remove Currencies
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Why Accounts Payable Is The ‘Lost Child’ Of Finance

PYMNTS

So it is with accounts payable (AP), as Chen Amit, CEO of Tipalti , told PYMNTS in a recent interview. Accounts payable is the ‘lost child’ hidden in business workflows,” said the executive. “I Of accounts payable in general, he said, “it’s a cumbersome process. Cash management becomes less art than science.

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Why Cash Management Is Driving Corporate?s Digital Payments Transformation

PYMNTS

Now that businesses have gotten a taste of what it means to automate workflows like invoicing, accounts receivable (AR) and cash management, they’re likely never turning back. But for accountants and AR departments, this integration strategy can go even further. Interconnected Finances. Typically, change is slow.

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Next-Gen Automation Helps B2B Payments Cross Borders By Easing Frictions

PYMNTS

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.

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Deutsche Bank Links Faster Payments To Faster FX Management

PYMNTS

Real-time payment capabilities enable businesses to take advantage of faster currency conversions and real-time FX rate management. Citing data from Euromoney , Deutsche Bank noted that about two-thirds of executives report being interested in adopting automated, 24/7 currency conversions based on real-time FX rates.

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Faster Payments Takes Off For Corporates, But Not Blockchain

PYMNTS

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.

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Tipalti: Helping CFOs Go With The (Cash) Flow

PYMNTS

The AP Hub’s multi-entity offering splits headquarters and individual sub-entities’ preferences, allowing for the team at HQ to control the finance side and sub-entities to determine brand preferences, including the types of currencies used and workflow capabilities. and overseas.”.

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Corporate Money Managers Lose Their Grip

PYMNTS

But market conditions have also made it more difficult than ever to understand how much money a firm has, where it is, who it’s going to and what form of currency it’s in. This week’s B2B Data Digest focuses on the flux and flow of managing cash. 3 billion has been at risk to cyberthieves from U.S.