Future CFO

MARCH 16, 2022

According to the company’s assistant finance manager Kausalyaa Somosundaram , the exercise was primarily aimed at allowing the company to track its bookkeeping – both accounts receivables (ARs) and accounts payables (APs) – from one place. Kausalyaa Somosundaram. For each process, we create an SOP.

Finance 98

Finance Accounts Payable Invoicing Compliance 98

PYMNTS

JANUARY 6, 2021

ReadSoft Online, the release stated, is Kofax's Software-as-a-Service (SaaS) tool for invoice data extraction and automating accounts payable (AP) services. That has allowed banks and other financial institutions to cut processing times, boost compliance and increase productivity.

Accounts Payable 73

Accounts Payable Invoicing Compliance Finance 73

PYMNTS

JANUARY 13, 2021

Medius has long provided companies with technologies related to the accounts payable (AP) workflow. Companies that harness Medius AP can begin taking digital invoices with support for compliance with local rules, according to the announcement.

Invoicing 67

Invoicing Accounts Payable Compliance Accounting Firms 67

CFO Share

JULY 16, 2024

A controller primarily oversees accounting processes, ensuring accurate financial records and compliance with regulations. Purpose of the Role The controller ensures financial reporting compliance and accuracy while preventing and detecting fraud. A CFO is innovative, high-level, and less detail-oriented.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) CFO General Ledger Compliance 98

PYMNTS

FEBRUARY 25, 2020

Yet when Tipalti Co-founder and CEO Chen Amit stepped into the ecosystem to tackle accounts payable (AP) friction, he was frankly surprised that there hadn’t already been a solution designed to address the multitude of pain points businesses faced back in 2010 – and continue to face today. Finding the Sweet Spots.

Accounts Payable 73

Accounts Payable B2B Compliance Invoicing 73

https://trustedcfosolutions.com/feed/

JUNE 2, 2022

The ability to receive those quick business insights also helps you respond to rapidly changing market conditions, so you remain highly competitive in a very demanding business environment. Set spending limits to maintain budget compliance with Sage Intacct Spend Management. The benefits don’t end there. .

Finance 104

Finance General Ledger IFRS GAAP 104

PYMNTS

DECEMBER 16, 2016

Though many financial institutions recognize the opportunity to help middle-market businesses automate their AP payments, they have not been able to fully capitalize on the opportunity. Here the elusive payments opportunity meets or, in fact, doesn’t meet, the elusive audience: accounts payable automation for middle-market firms.

Marketing 61

Marketing Accounts Payable Accounting Banking 61

PYMNTS

AUGUST 28, 2019

Accounts payable automation company AvidXchange is strengthening its position in the banking and financial services sector through the acquisition of BankTEL, the company said Tuesday (Aug. AvidXchange has reached an agreement to acquire BankTEL Systems, which provides accounting technology to banks.

Accounts Payable 59

Accounts Payable Banking Invoicing SAP 59

PYMNTS

JANUARY 7, 2019

“Our partnership with Cass, an information processing and financial holding company with considerable experience in routing and handling B2B payments, provides Finexio and our customers access to a Federal Reserve member bank with a comprehensive suite of compliance and fraud detection tools.

B2B 43

B2B Compliance Accounts Payable Banking 43

PYMNTS

OCTOBER 16, 2020

Venture capital funding landed at startups focused on accounts payable (AP) and cybersecurity this week — with one payables startup raising $23 million in funding. Venture capital funding landed at accounts payable (AP) and cybersecurity technology firms, among other innovators that raised money this week.

B2B 69

B2B Accounts Payable Management Consulting Startups 69

PYMNTS

OCTOBER 23, 2020

And while investors targeted an accounts payable payments startup as well as another platform designed to help other startups understand their equity, a common theme this week was investment in risk mitigation capabilities. This week's B2B Venture Capital roundup saw more than $76 million in new funding. The company highlighted the $8.14

B2B 63

B2B Startups Accounts Payable Compliance 63

PYMNTS

AUGUST 17, 2018

The more bots make their way into the accounting department, the more concerns arise about jobs, compliance, trust and other industry-unknowns. “The exciting part is that these questions will come and need to be answered,” said Jotham Ty, founder of accountant technology provider Gappify.

Compliance 44

Compliance Accounting Accounts Payable Invoicing 44

PYMNTS

FEBRUARY 22, 2019

Depending on their lifecycle stages, however, they may have less credibility and access to the market. The FinTech firm has more than 20 bank partners, ranging from referrals to relationships where banks take a product, rename it and conduct the full sales and marketing.

Banking 82

Banking Accounts Payable Treasury Compliance 82

PYMNTS

OCTOBER 13, 2016

According to Nexus, the funds will be used to focus on product development, sales, marketing and expansion of its onboarding and client services teams. ” Nexus offers the NexusPayables solution to automate the accounts payable process for companies starting at the beginning of their procurement activity. .

Accounts Payable 62

Accounts Payable Invoicing Compliance Leverage 62

PYMNTS

JANUARY 27, 2020

Market forces (and, some would say, unabashed corporate greed) repurposed legions of former full-timers into a virtual army of self-employed free agents. Companies that outsource large amounts of work in a freelance model are learning that legacy accounting software isn’t set up for that. In It for the Money .

Accounts Payable 88

Accounts Payable Invoicing Compliance Currencies 88

Future CFO

APRIL 6, 2022

Leveraging a modern approach to performance excellence driven by technology and a shift in mindset is key to opening many new opportunities for Accounts Payable. Click on the link to download this Kofax paper. DOWNLOAD NOW. The post Turn hyper-efficient AP into a cash contributor appeared first on FutureCFO.

Accounts Payable 52

Accounts Payable Compliance Leverage Accounting 52

PYMNTS

JUNE 15, 2017

The company added that the integration of these capabilities into its offering is part of a broader effort to innovate in the areas of accounts payable, P2P, supply chain management and working capital optimization. trillion in corporate spend across the globe for its SME clients.

Accounts Payable 56

Accounts Payable Auditing Compliance Technology 56

PYMNTS

SEPTEMBER 15, 2020

It also offers accounts payable (AP) automation that controls vendor account data, while harnessing biometrics and machine learning for the purposes of identity verification and compliance.

B2B 70

B2B Vendor Management Accounts Payable Education 70

PYMNTS

APRIL 19, 2019

The big news in B2B FinTech investment this week came from Airbnb , which is bolstering its presence in the business travel market with new funding, while corporate card startup Brex also secured a prominent debt capital investment. Lyric plans to use the investment to expand its operations as it continues to focus on regulatory compliance.

B2B 69

B2B Investments Accounts Payable Benchmarking 69

Future CFO

AUGUST 1, 2023

The demand for mobile wallets, online banking services, and the increasing adoption of digital technologies has led to the expansion of the financial applications market in Asia/Pacific. As a result, the market for cloud-based financial applications in the region will witness significant growth in the coming years. "As

Invoicing 98

Invoicing General Ledger Reconciliations Budgeting 98

PYMNTS

JULY 28, 2020

For departments like procurement and accounts payable (AP), without a clear value proposition in mind, adopting cloud automation technologies may not actually provide the benefits most organizations seek today.

Accounts Payable 82

Accounts Payable Invoicing Compliance Accounting 82

PYMNTS

MAY 4, 2018

B2B payments haven’t necessarily taken up the capabilities so quickly, however, largely attributed to businesses’ need to manage cash flow by strategically timing accounts payable. “It’s not as though companies are sitting around saying, ‘We have to get accounts payable paid faster.’

Marketing 46

Marketing B2B Accounts Payable B2C 46

PYMNTS

MAY 23, 2019

The B2B space is ripe for transformation, where outdated payment processes mark accounts payable (AP), and where technology can make all the difference as corporates choose their banking partners to satisfy their payment needs. While speed is a common buzzword in technology, there is another important one.

Banking 76

Banking Accounts Payable Leverage Technology 76

The Charity CFO

JANUARY 17, 2022

But it also includes accounts payable (unpaid bills), credit card bills, outstanding payroll, and more. Unpaid bills (accounts payable). Accounts Payable. Accounts payable is an account containing any outstanding bills or invoices that you haven’t yet paid. Lines of credit. Net Assets.

Nonprofit 98

Nonprofit Accounting Profit and Loss Accounts Payable 98

CFO Leadership

DECEMBER 12, 2022

Even well-capitalized companies are vulnerable to market changes; however, companies can strengthen their working capital to mitigate risk. For example, manual tasks, like accounts payable, can be automated or streamlined. Other articles from this Special Edition Newsletter. BACK TO SPECIAL EDITION NEWSLETTER.

Accounts Payable 95

Accounts Payable Leadership CFO Strategic Planning 95

PYMNTS

OCTOBER 17, 2016

And any number of firms are looking to aid finance professionals in reducing paper inflows and outflows — a bottleneck where accounts payable is concerned. For Nexus, the main focus is on managing everything from tracking onsite purchases to compliance, and key verticals include real estate and construction, said Coolidge.

Accounts Payable 53

Accounts Payable Invoicing Compliance Construction 53

PYMNTS

FEBRUARY 18, 2019

However, participation from the traditional financial services sector isn’t necessarily a requirement when it comes to crypto adoption, even in the B2B payments market, according to BitRail Co-founder and Vice Chairman Cameron Chell. “Adoption is like water,” he said. ” Confusion, Doubt Remain.

B2B 70

B2B Compliance Accounts Payable Securities 70

PYMNTS

SEPTEMBER 17, 2020

That's particularly true for finance teams like accounts payable , accounting or payroll. Bad habits of saving important documents any old place, and assuming you and coworkers can easily find them later, rarely flies in industries where compliance is key.". Take the electronic invoice, for example.

Accounts Payable 63

Accounts Payable Compliance Invoicing Finance 63

PYMNTS

JANUARY 26, 2021

Terrence McCrossan , CEO of Oversight , spoke with PYMNTS about the opportunity organizations have to not only keep employee spending in check, but to optimize the ways the enterprise spends money across functions, from T&E (travel and entertainment) to accounts payable (AP) and procurement.

Auditing 75

Auditing Invoicing Accounts Payable Compliance 75

Future CFO

FEBRUARY 13, 2023

ICTSI) as senior vice president, chief financial officer and compliance officer says the company’s digitisation agenda was fast-tracked considering state lockdowns during the pandemic. “We He also recommends continuing dialogues with banks that offer market insights to craft good strategies for funding and risk management.

Treasury 98

Treasury Cash Management Restructuring Accounts Payable 98

PYMNTS

JULY 3, 2019

Their collaboration aims to address procure-to-pay regulatory compliance and fraud risks, the firms said. “Microsoft Dynamics is, today, a fast-growing environment, and Prodware is clearly the expert and the recognized leader in this market,” said ITESOFT Chief Marketing Officer Frederic Massy in a statement.

Accounts Payable 46

Accounts Payable Invoicing B2B Compliance 46

PYMNTS

MAY 29, 2020

But in other craft labor markets like the oil and gas, chemicals, mining and others — markets upon which Management Controls focuses — contractor payments face similar hurdles. At the broader level, uncertainty about the strength of the market could lead businesses to rely on contractors more than permanent employees moving forward.

Accounts Payable 57

Accounts Payable Compliance Construction B2B 57

PYMNTS

MAY 31, 2019

Accounts payable, cloud migration, Big Data and even legal management for startups raising new funding were all targeted among investors. The company instead operates a platform that enables startups to plan and manage their own funding rounds — including compliance and legal document management. The company raised $6.5

B2B 57

B2B Accounts Payable Invoicing Valuation 57

PYMNTS

OCTOBER 15, 2018

Buyers want to hang onto payables, saving cash in the till until the very last minute. Suppliers, of course, want to collect on receivables outstanding, getting cash into accounts for goods and services provided. It’s high time for payables to be transformed, to make the shift into digital methods.

B2B 75

B2B Invoicing Accounts Payable Compliance 75

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

OCTOBER 22, 2019

Accounts payable technology company AvidXchange is targeting the healthcare industry with payments and invoicing offerings. AvidXchange is broadening access of its AvidPay and AvidInvoice tools to the long-term healthcare and social services markets, the company said in a press release on Monday (Oct.

Healthcare 40

Healthcare Accounts Payable Invoicing Auditing 40

PYMNTS

APRIL 10, 2019

Yet, as supply chains expand across borders, a new burden has landed on procurement teams’ shoulders: compliance. ” Electronic invoicing requirements are one example of markets’ heightening focus on tax compliance. . That burden can come in many forms.

Compliance 55

Compliance Invoicing Auditing Accounts Payable 55