Remove Accounts Payable Remove Cash Management Remove Investments Remove Technology
article thumbnail

CFO role evolving to drive digital modernisation, survey says

Future CFO

The study, which asked 200 manufacturing and distribution organisations with revenues between US$100 million and US$1 billion, revealed that more than 80% of the respondents believe today's economic uncertainty has significantly elevated the importance of the CFO in bringing in strategies and technology optimisation initiatives.

article thumbnail

SME Cash Management Startups Grab $93M In Funding

PYMNTS

Small business accounting and cash management took home the gold this week, with two startups raising a collective $93 million in funding. But the streak of B2B FinTech investments continues for startups of several industries, including cybersecurity, alternative finance and more. Expense Management. Cybersecurity.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Cash in times of crises: Lessons from 2020-2022

Future CFO

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?

article thumbnail

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.

B2B 61
article thumbnail

Faster Payments Takes Off For Corporates, But Not Blockchain

PYMNTS

But a company’s interest and efforts to adopt new technologies does not always mean that all B2B payment processes are improved. Automation emerged as the undeniable driver of accounts payable enhancements, cited by 49 percent of survey respondents – even more so than security and cost.

article thumbnail

Robotics Process Automation Rakes In The VC Cash

PYMNTS

RPA is igniting chatter in the corporate finance community as professionals explore next-level analytics and automation functionality to enhance processes like accounts payable, accounts receivable, cash flow management and more. The investment now values Automation Anywhere at $2.6

article thumbnail

Finding Salve For Business Payments Pain — From Expense To AP

PYMNTS

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. For FinTechs like EedenBull, that process involves a “technology agnostic” approach that embraces a range of tools to combat business payments pain points, said Ingvoldstad.