PYMNTS

DECEMBER 30, 2020

The shift toward contextual banking has a tailwind in place as the financial institutions (FIs) that have been market leaders have been seeing strong deposit growth — and as corporate customers are growing those balances, they want to be able to see their account activity and cash balances visible within the same application on demand.

Banking 97

Banking Accounts Payable Treasury Reconciliations 97

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

PYMNTS

JULY 21, 2017

Small business accounting and cash management took home the gold this week, with two startups raising a collective $93 million in funding. Compared to consumer and enterprise, relatively less investment has been made in this market. Investors are recognizing that this is a huge market breaking out. Cybersecurity.

Cash Management 40

Cash Management Startups Invoicing Accounts Payable 40

https://trustedcfosolutions.com/feed/

MAY 27, 2022

There are a lot of accounting solutions on the market but only one that can provide you with all the information you need to make those critically important growth decisions. Sage Intacct cloud accounting software is the solution you’ve been looking for to grow your restaurant franchises, reduce your costs and boost your profits.

Accounting 108

Accounting General Ledger Accounts Payable Cash Management 108

PYMNTS

JULY 10, 2019

Some of the biggest industry trends, including faster payments, open banking and bank-FinTech collaboration, have found their ways into the Canadian market, the B2B payments space is not immune to disruption from these shifts. According to Lansdowne-Higgins, among the biggest challenges in accounts payable today is the data silos.

B2B 62

B2B Accounts Payable Mergers and Acquisitions (M&A) Reconciliations 62

PYMNTS

SEPTEMBER 17, 2019

Instead, taking a look at the latest solutions to emerge on the market shows various applications for speed in commercial transactions, from faster deposits for small businesses, to virtual cards enabling faster invoice payments for suppliers. However, it’s not necessarily the ability to pay suppliers in real-time that has companies enticed.

Accounts Payable 43

Accounts Payable B2B Accounting Invoicing 43

PYMNTS

DECEMBER 30, 2019

The middle market can be an ideal corporate customer for a financial institution (FI). Unlike a small business, the middle market typically holds a lower-risk profile with steady profits and strong growth. But you shouldn’t shove [the middle market] into small business or commercial — you should have a third segment.”.

Marketing 53

Marketing Banking Accounts Payable Education 53

PYMNTS

NOVEMBER 16, 2018

The star of this week’s roundup is undoubtedly data: Two Robotics Process Automation (RPA) companies focusing on enterprise data analytics and automation landed a combined $565 million, while other high-value rounds were closed in the workspace sharing and asset-based lending markets. Automation Anywhere.

Accounts Payable 77

Accounts Payable Currencies Foreign Exchange Startups 77

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

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

DECEMBER 13, 2018

As the corporate treasurer takes on a more strategic role in the enterprise, treasury and cash management technologies can often be stuck in the past, failing to keep up with financial execs’ needs. Despite the data challenge, pressures on CFOs and treasurers continue to mount. In the U.S., ”

Treasury 62

Treasury Banking Cash Management Accounts Payable 62

PYMNTS

MAY 31, 2019

Accounts payable, cloud migration, Big Data and even legal management for startups raising new funding were all targeted among investors. In addition to focusing on the deployment of its platform, Crowdz said it will use the cash for marketing, sales and to grow its team. The company raised $6.5 announced $7.25

B2B 57

B2B Accounts Payable Invoicing Valuation 57

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

MARCH 24, 2016

But, according to enterprise content capture firm Top Image Systems, mid-market firms — those with less than $1 billion in annual turnover — are in a league of their own when it comes to digitization. From an overarching market perspective, we see that there is an underserved market for AP automation in the mid-market,” Pery said.

Accounts Payable 43

Accounts Payable Invoicing Accounting Cash Management 43

Future CFO

JANUARY 1, 2024

Respondents which comprise director-level and above, in finance or accounting roles , as well as the primary decision makers for digital transformation in companies in Australia, the UK and the US, cited financial performance and growth as top IT investment drivers amid the current market situation.

Financial Planning and Analysis (FP&A) 52

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

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

PYMNTS

JUNE 9, 2017

In corporate accounting, accounts payable and B2B payments, traditional FIs are slowing down innovation that could one day bring these areas up to speed with corporate payments, the executive explained. But electronic and automated payments are just one side of the overall friction in accounts payable, Dahl said.

Accounting 43

Accounting Technology Accounts Payable Invoicing 43

PYMNTS

NOVEMBER 15, 2019

Today, however, a sudden shift in the market has seen corporates thrusting the commercial card into the center of the conversation about how to optimize their supplier payment practices. Traditionally, the cost and administrative burden of card acceptance has kept the tool from gaining traction in accounts payable.

B2B 53

B2B Accounts Payable Cash Management Reconciliations 53

PYMNTS

MARCH 16, 2018

“By taking action now, accounting firms can propel their business to the next level and deliver more value — especially to SME [small and medium-sized enterprise] clients,” Zervides stated. However, in order for accountants to remain relevant in an intensely competitive market, a new paradigm and mindset is needed.”.

Accounting 53

Accounting Accounts Payable Reconciliations Leadership 53

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 Management Cash Flow Forecasting Profit and Loss 52

PYMNTS

MAY 16, 2016

Between treasury management, accounting, invoicing, cash management and all the other money tools corporates have access to today, it’s a wonder CFOs can keep their heads on straight. The cookie-cutter treasury management solution offered by a bank may not fit a business in its first year as it fits in its 20th.

Treasury 41

Treasury Cash Management Accounts Payable Banking 41

PYMNTS

AUGUST 5, 2019

According to ePayRails CEO Richard Jackman, the company will deploy the funding to buildout its ePayRails Payment Hub, invest in sales and marketing, and bolster its back-office client support offerings. ePayRails is taking a dynamic, long-term approach to addressing specific issues all organizations face with respect to cash management.”

B2B 40

B2B Startups Securities Accounts Payable 40

PYMNTS

DECEMBER 24, 2018

All the world’s a stage, to quote the Bard, and it seems not much in the world is certain, with volatility seemingly the name of any game in 2018, from geopolitics to cryptocurrencies to stock markets. Against that backdrop, and when it comes to payments, currencies can be volatile, too. Not bad, but there is room for improvement.

Numbers 65

Numbers B2B Currencies Accounts Payable 65

PYMNTS

JANUARY 29, 2020

Michael Cichy, general manager of the Americas at Palette Software , said FIs continue to face barriers when developing products and services that can compete with agile FinTechs. Time to market and cost are the primary challenges banks will face” in developing their own products.

Banking 52

Banking Accounts Payable Vendor Management Reconciliations 52

PYMNTS

DECEMBER 11, 2019

and elsewhere has opened up an opportunity not only for new businesses to form, but for those young companies to leapfrog over the growing pains of digital transformation experienced by their peers in other markets, and emerge as tech-savvy, digital companies from the get-go. Translating Consumer Cash To Supplier Payment. .”

B2B 52

B2B Invoicing Accounts Payable Compliance 52

PYMNTS

JUNE 20, 2016

Today, there are more technologies than ever that can help a company gain visibility into cash flow. 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. Often, these ransoms must be paid out in bitcoin.

Accounts Payable 41

Accounts Payable Currencies Invoicing Profit and Loss 41

PYMNTS

MAY 18, 2017

The more payment, cash management, cash flow forecasting, ERP and other digital platforms integrated, the more difficult it can be for a company to envision its own financial health across all of this data. Risk, in particular, is susceptible to fast-moving market fluctuations.

Treasury 40

Treasury Cash Flow Forecasting Risk Management Communication 40

Boston Startup CFO

APRIL 3, 2023

In this tier, a double-entry accounting system is employed to ensure the accurate recording of all transactions. This includes managing invoices, receipts, and payments, as well as reconciling bank statements. A disorganized bookkeeping system causes the rest of the financial accounting hierarchy to be unsound.

Accounting 52

Accounting Accounting Principles GAAP Startups 52

CFO Share

JULY 8, 2021

How to perform 13 week cash flow forecasting. A rolling 13 week cash flow model is updated weekly by your CFO, accounting team, and management in a collaborative session. Cash outflows should be in order of magnitude and importance. The 13 week cash flow model is just one component of a business turnaround.

Cash Flow Forecasting 59

Cash Flow Forecasting Forecasting Accounts Payable CFO 59

PYMNTS

NOVEMBER 6, 2019

If a small business buys office suppliers from a vendor once a month, it can be relatively straightforward for the accounts payable (AP) department receiving that supplier invoice to notice if their company has been overcharged.

Invoicing 40

Invoicing Accounts Payable General Ledger Forecasting 40

PYMNTS

JANUARY 14, 2020

For this month’s feature story, Haider explained how a robust API strategy can help banks support smoother, speedier and more convenient payment and cash management experiences for their business clients. APIs that improve cash management are in strong demand among Wells Fargo’s business clients.

Cash Management 52

Cash Management Invoicing Accounting Leverage 52

PYMNTS

APRIL 18, 2016

For instance, businesses need to figure out how to strike reliable partnerships in overseas markets. They’re having to look at new markets abroad, and the challenges that come with that aren’t easily solved.” Payments And Data Become One.

Foreign Exchange 40

Foreign Exchange Invoicing B2B Currencies 40

PYMNTS

JULY 31, 2017

Joining in that disruption, Onymy Infocomm recently announced news that it has just launched PayBee , a platform that supports B2B payments for both buyers and suppliers, as well as invoice management and transparency into transactions that, according to the firm, can support enhanced cash management for SMEs.

Invoicing 40

Invoicing B2B Accounts Payable Cash Management 40

PYMNTS

JANUARY 26, 2017

“Processing corporate payments as peer-to-peer, directly on blockchains, gives for instant settlement and, therefore, real-time reconciliation and accounting,” the company said. Real-time payments and reconciliation, the company added, could be a major boost to corporate cash management efforts, too.

SAP 57

SAP Invoicing Reconciliations B2B 57

PYMNTS

AUGUST 22, 2016

The latest research puts a price tag on the finances of better procurement, banking, cash management and innovation among small and medium-sized businesses. 7 months of SME lending declines hit Canadian market , found PayNet last week. But it may be more effective to actually show how much money can be saved.

Finance 40

Finance Accounts Payable Startups Banking 40

PYMNTS

MARCH 1, 2016

Meanwhile, AvidXchange, which provides accounts payable and automation solutions for corporations, also landed among the elite with a $225 million funding round led by Bain Capital in September. Affirm, for instance, secured $275 million last May and, soon after, announced plans to link businesses operating over Shopify with financing.

B2B 40

B2B Foreign Exchange Accounts Payable Startups 40

PYMNTS

APRIL 1, 2016

For businesses, however, there need to be additional layers of information with that payment for the accounts payable and accounts receivable teams. With data analytics technology enhancing the services available to those professionals, too, that information is also key for the enterprise in a broader cash management sense.

B2B 41

B2B Accounts Payable B2C Banking 41