Future CFO

JANUARY 1, 2024

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.

Financial Planning and Analysis (FP&A) 52

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

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

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.”. he explained.

B2B 94

B2B Treasury Accounts Payable Cash Management 94

https://trustedcfosolutions.com/feed/

MAY 27, 2022

With Sage Intacct as the hub of your technology stack, you will be able to boost your efficiency and productivity and cut costs and increase your accuracy. 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

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

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. As we move toward better and more tools … that process can be automated using newer technologies.” .

Accounts Payable 93

Accounts Payable Reconciliations Invoicing Treasury 93

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

For independent contractors, that can mean going it alone to manage finances, often without any experience in finance or accounting. “There’s no such thing as a debit or a credit, or accounts payable or accounts receivable,” he said of Ember’s approach to the market.

Accounting 56

Accounting Accounts Payable Invoicing Cash Management 56

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

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. The Digitization Drive.

Accounts Payable 98

Accounts Payable Compliance Corporate Finance Cash Management 98

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. 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.

Accounts Payable 52

Accounts Payable B2B Problem Solving Nonprofit 52

PYMNTS

JUNE 21, 2018

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.

Accounts Payable 44

Accounts Payable B2B Invoicing Prioritization 44

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.

Banking 43

Banking Accounts Payable Healthcare Treasury 43

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. Often times, the company using an AR and AP technology is one in the same. The AP Impact of Late AR.

Accounts Payable 56

Accounts Payable Invoicing Treasury Accounting 56

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. The credit card firm inked a partnership with technology firm Swipezoom, which operates in both the B2B and B2C spaces. ”

Accounts Payable 40

Accounts Payable B2C B2B Invoicing 40

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

SEPTEMBER 21, 2017

Gappify is the latest company to roll out business accounting-related chatbot technology. 20) that it has launched Alan, chatbot technology designed to assist business accountants. The company announced news on Wednesday (Sept.

Accounting 45

Accounting Accounts Payable Cash Management Accounting Standards 45

PYMNTS

MAY 31, 2019

Accounts payable, cloud migration, Big Data and even legal management for startups raising new funding were all targeted among investors. Accounting automation solution provider Roger.ai announced $7.25 million in new funding this week, according to a press release. BigTime Software.

B2B 57

B2B Accounts Payable Invoicing Valuation 57

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

JULY 10, 2018

Mastercard and EU FinTech Strands are collaborating on a cash management and corporate payments platform for banks, designed to address small business (SMB) needs. AI and machine learning technology will be able to help predict cash flow, expenses and balances.

Banking 47

Banking Accounts Payable Cash Management Budgeting 47

PYMNTS

AUGUST 5, 2019

B2B payments startup ePayRails has announced new funding to focus on further technological development of its Payment Hub. million in Series A funding led by Aspire Fund Management, which provided $2 million. In a press release Friday (Aug. 2), ePayRails said it secured $2.45

B2B 40

B2B Startups Securities Accounts Payable 40

PYMNTS

APRIL 3, 2020

Accounts payable (AP) automation technology presents an obvious benefit to companies of all sizes and industries to boost efficiency and strategize vendor payments. ” From Onboarding to Compliance. This is where AP automation can push the envelope and introduce additional value to an enterprise.

Accounts Payable 52

Accounts Payable Reconciliations Compliance Invoicing 52

PYMNTS

OCTOBER 16, 2020

A thorough knowledge of one’s cash flow is a necessity, and lacking such transparency can hinder a company’s ability to do everything from paying rent and finalizing future quarters’ budgets to compensating employees. The ongoing pandemic is also changing the status quo regarding cash flows and placing greater emphasis on quick transactions.

Treasury 76

Treasury B2B Accounts Payable Cash Management 76

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

PYMNTS

SEPTEMBER 4, 2018

Corporates may not be adopting faster and real-time payments technologies as fast as consumers, but that doesn’t mean the acceleration of payments isn’t impacting corporate finance.

Foreign Exchange 40

Foreign Exchange Banking Accounts Payable Treasury 40

PYMNTS

MARCH 24, 2016

These companies, explained Top Image Systems Chief Technology Officer Carsten Nelk and Chief Marketing Officer Andrew Pery, are ditching on-premise enterprise resource planning (ERP) systems in droves. But an omnichannel accounts payable department can occur in other ways, too. Overall, OCR is not a flawless technology.

Accounts Payable 43

Accounts Payable Invoicing Accounting Cash Management 43

PYMNTS

JUNE 22, 2020

Enabling employees to work remotely during the COVID-19 pandemic has sent a wake-up call to companies that their old-school accounts payable (AP) practices will not cut it in the new economy. The right choices can keep suppliers satisfied while helping buyers address their own cash management concerns.

Accounts Payable 56

Accounts Payable Invoicing Banking Cash Management 56

PYMNTS

APRIL 12, 2016

Making sure the books add up properly is key to keeping their legal nonprofit status, and that means cash management is paramount. The nonprofit industry has a lot to gain from this payment technology, claims a new whitepaper from vendor management consulting firm Vendor Centric. Not-For-Profit.

Nonprofit 40

Nonprofit Accounts Payable Reconciliations Cash Management 40

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.

Treasury 62

Treasury Banking Cash Management Accounts Payable 62

PYMNTS

SEPTEMBER 21, 2018

by enabling corporate users to access all of their bank accounts in a single portal. The solution lets businesses view balances and transactions, make payments and use their financial service providers’ cash management services within a single solution.

B2B 75

B2B Startups Accounts Payable Investments 75

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. Expanding Use-Cases. Hill highlighted an array of benefits this can offer businesses and their AP teams.

Invoicing 40

Invoicing Accounts Payable General Ledger Forecasting 40

PYMNTS

DECEMBER 11, 2019

“These banks don’t necessarily have all the tools and technology” that market players need. Translating Consumer Cash To Supplier Payment. For legal marijuana dispensaries, a reliance on cash at the point of sale results in a host of frictions and challenges for both consumers and businesses. .”

B2B 52

B2B Invoicing Accounts Payable Compliance 52

PYMNTS

NOVEMBER 15, 2019

Traditionally, the cost and administrative burden of card acceptance has kept the tool from gaining traction in accounts payable. But shifting priorities among buyers and suppliers have elevated the opportunity for cards to meet changing cash management needs.

B2B 53

B2B Accounts Payable Cash Management Reconciliations 53

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

SEPTEMBER 7, 2016

Together, the businesses will look to streamline adoption of PROACTIS’ solutions, including strategic sourcing, supplier management, procure-to-pay, accounts payable automation and other tools. An announcement on Monday (Sept. ” Sopra Steria U.K. . ” Sopra Steria U.K. ”

Accounts Payable 40

Accounts Payable Cash Management Economics Technology 40

PYMNTS

DECEMBER 29, 2016

Some B2B payments players have predicted that, on the accounts payable side of the transaction, higher interest rates will lead companies to extend their payment terms and to seek out AP technologies that offer integrated supplier financing solutions to help with that cash flow crunch on the supplier side.

Accounts Payable 49

Accounts Payable B2B Invoicing Corporate Finance 49

PYMNTS

OCTOBER 10, 2019

Such methods often cause issues and are overly complicated, so it is not surprising that many organizations are prepared to retire these practices in favor of smarter, more efficient accounts payable (AP) solutions.

Invoicing 46

Invoicing Accounts Payable Cash Management Accounting 46