Future CFO

APRIL 21, 2021

So, what does the New Accounts Payable department look like? The new accounts payable department has a more intense focus on cash flow and payment terms and takes a more disciplined approach to its financial processes to work toward optimising the cash conversion cycle. What has changed, and what changes are here to stay?

Accounts Payable 40

Accounts Payable Accounting Invoicing Treasury 40

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

JANUARY 27, 2021

Although commercial cards are evolving to gain traction in more B2B payment scenarios — particularly, accounts payable (AP) — new challenges emerge that can slow down the rate of adoption. Peoples Trust Secures CDIC Insurance For Payroll Cards.

Accounts Payable 94

Accounts Payable B2B Compliance Securities 94

https://trustedcfosolutions.com/feed/

JUNE 2, 2022

Secure access to your key data from anywhere, at any time, because your accounting solution is cloud-based. Gain complete visibility across your company with the ability to create accounts payable liabilities, vendor-aging and bill and check register reports in real-time. The benefits don’t end there. .

Finance 104

Finance General Ledger IFRS GAAP 104

PYMNTS

NOVEMBER 18, 2016

Nexus Systems is partnering with a real estate technology company to help the industry adapt to more sophisticated accounts payable and procurement processes. To be dubbed MRI AP Automation, the new solution can automate and digitize the accounts payable process for MRI clients across Canada, South America, EMEA, Asia and New Zealand.

Accounts Payable 65

Accounts Payable Invoicing Compliance Leverage 65

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

JUNE 28, 2020

Billtrust Founder and CEO Flint Lane said the idea behind Pay on Email is to do away with the necessity of paper checks and create more secure ways of knowing the status of a payment. And, the new Virtual Terminal feature lets call centers capture payments with guaranteed payment card industry (PCI) compliance.

Invoicing 83

Invoicing Accounts Payable B2B Compliance 83

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

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

Future CFO

OCTOBER 21, 2021

Accounts payable, transaction processing, and bank statement processing are the top three priorities in terms of business workflow automation , according to a global survey of 800 executives by Kofax. Survey highlights. Executives indicated that automating the following functions are providing the greatest benefits, Kofax noted.

Accounts Payable 59

Accounts Payable Data Analysis Invoicing Compliance 59

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. Data integration is climbing to the top of chief financial officers' priority lists.

Accounts Payable 98

Accounts Payable Compliance Corporate Finance Cash Management 98

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. Unfortunately, accounts payable automation in the healthcare sector is far from ubiquitous.

Accounts Payable 46

Accounts Payable Healthcare Invoicing Compliance 46

PYMNTS

AUGUST 17, 2018

Since automation technologies have taken some of the burden of monotonous activities away from accountants, the profession has exchanged some of its anxiety about robots replacing their jobs with support for enhanced functionality and efficiency — though, not entirely. “This is such new territory for everyone.”

Compliance 44

Compliance Accounting Accounts Payable Invoicing 44

PYMNTS

DECEMBER 12, 2019

The partnership will combine Yooz’s paperless accounts payable technology with the Microsoft Azure cloud system to help companies automate their accounting processes and increase efficiency. “By Whatever their size, our ambition is to provide them with solutions that are ever more innovative and effective on a daily basis.

Accounts Payable 60

Accounts Payable Compliance Invoicing Accounting 60

PYMNTS

APRIL 8, 2020

financial institutions as they scrambled to apply for Paycheck Protection Program (PPP) loans under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Lendio already secured its approval to facilitate PPP loans, the alternative lender said, noting that small businesses can now apply for a PPP loan on the Lendio platform.

Banking 98

Banking Accounts Payable Compliance Technology 98

PYMNTS

OCTOBER 7, 2020

When used in aggregate and de-identified format to comply with privacy standards, such payment data can provide businesses with valuable insights while meeting compliance requirements and maintaining high security standards. Organizations can then wield this information to optimize their own payments and financials.

Cash Flow Forecasting 103

Cash Flow Forecasting Accounts Payable Forecasting Treasury 103

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

PYMNTS

OCTOBER 13, 2016

12) that it secured $28 million in funding led by Mainsail Partners. ” Nexus offers the NexusPayables solution to automate the accounts payable process for companies starting at the beginning of their procurement activity. . The procure-to-pay solution offered by Nexus Systems has attracted venture capital.

Accounts Payable 62

Accounts Payable Invoicing Compliance Leverage 62

PYMNTS

FEBRUARY 10, 2020

. “The real-time integration of SnapPay with the SAP solution is enhancing our process efficiency, reducing our overall cost of doing business and simplifying payment card industry compliance,” said Daoud Ali, IT executive director of Brewster. The solution also computerizes corporate treasury operations.

SAP 67

SAP B2B Accounts Payable B2C 67

PYMNTS

NOVEMBER 25, 2019

25) that it secured $1 billion in new funds from Japan’s SoftBank and China’s Alibaba affiliate Ant. The exposed information, however, reportedly did not include password data, Social Security numbers or any financial information. 25) that it secured $1 billion in new funds from Japan’s SoftBank and China’s Alibaba affiliate Ant.

Securities 52

Securities Accounts Payable Startups Transportation 52

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. Where We Are Now. Banks And FinTech Firms Together.

Banking 76

Banking Accounts Payable Leverage Technology 76

PYMNTS

FEBRUARY 18, 2019

Indeed, what will drive crypto adoption, Chell told PYMNTS, is in the technology’s ability to reduce payments friction, and integrate compliance and security. However, the company first rolled onto the scene as a partner of GunBroker , allowing the firearms retailer to offer its own digital coin as a more secure form of payment.

B2B 70

B2B Compliance Accounts Payable Securities 70

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 We onboarded with Docusign to facilitate more secure digital signatures for transactional and legal documents.

Treasury 98

Treasury Cash Management Restructuring Accounts Payable 98

PYMNTS

DECEMBER 2, 2016

But the largest venture capital funding round went to an accounts payable automation firm in the U.S. Last weekend, Wholesalebox said it secured $2 million in pre-Series A funding from several backers, including Manish Maheshwari, CEO of Network 18 Digital. 1) that it secured $32.2 with an $18 million investment.

B2B 53

B2B Accounts Payable Startups eCommerce 53

PYMNTS

SEPTEMBER 17, 2020

Whether that's a lack of security if a piece of paper falls into the wrong hands, or simply the pain of having to manually store a document or capture its data, paper is far from the most efficient way to do business. That's particularly true for finance teams like accounts payable , accounting or payroll.

Accounts Payable 63

Accounts Payable Compliance Invoicing Finance 63

PYMNTS

SEPTEMBER 25, 2020

We have deep dives on the financial health of Main Street small and medium-sized businesses (SMBs), digital accounts payable (AP), and GoodRx ’s initial public offering (IPO). . HSBC To Staff: Stay Off Bank’s Social Media Accounts . Massachusetts-based accounts payable (AP) automation technology firm MineralTree Inc.

Accounts Payable 61

Accounts Payable Treasury Construction Accounting 61

CFO Leadership

DECEMBER 12, 2022

Asset-based loans: Businesses can borrow based on their own financial and physical assets, which can range from accounts receivables and inventory to equipment and real estate. For example, manual tasks, like accounts payable, can be automated or streamlined. Maintenance and Expansion.

Accounts Payable 95

Accounts Payable Leadership CFO Strategic Planning 95

Future CFO

AUGUST 1, 2023

Companies are increasingly seeking secure and compliant solutions to manage their financial data. Financial and accounting processes include managing the general ledger, accounts receivable & payable, billing and invoicing, reporting & analytics, bank reconciliation, budgeting & forecasting, etc.

Invoicing 98

Invoicing General Ledger Reconciliations Budgeting 98

PYMNTS

AUGUST 18, 2017

Israch said that tasks as far ranging as supplier management, invoice processing and regulatory compliance can be managed through Tiaplti’s AP Hub. Tipalti’s vision is to free the finance and payments team from the minutiae and complexity and risk involved in today’s accounts payable and supplier payments workflow,” Israch said.

Accounts Payable 46

Accounts Payable Invoicing Compliance Auditing 46

Future CFO

FEBRUARY 26, 2025

Automate Financial Processes Leverage AI-driven tools to streamline accounts payable, receivable, and expense management. Secure AI: Consider principles for secure AI implementation. Governance and Privacy: Address processes, controls, and accountability mechanisms for AI usage.

Accounts Payable 52

Accounts Payable Leverage Risk Management Budgeting 52

PYMNTS

MARCH 28, 2019

Reports in HR Technologist on Wednesday (March 27) said AppZen is expanding its offering to include auditing of vendor invoices, allowing businesses to automate compliance management of contracts and agreements related to master service agreements and pricing terms. ”

Invoicing 46

Invoicing Auditing Accounts Payable Compliance 46

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.

B2B 57

B2B Accounts Payable Invoicing Valuation 57

PYMNTS

MAY 29, 2020

As Rivers explained, manual processes often fail to ensure contracts are in compliance, meaning contractors may abuse overtime pay opportunities or receive compensation for moments while off the job. “A lot of contract terms say a company won’t pay for a lunch break,” he offered as an example.

Accounts Payable 57

Accounts Payable Compliance Construction B2B 57

PYMNTS

FEBRUARY 11, 2020

Signature Bank, based in Chicago, announced a new accounts payable solution for its corporate clients designed to support businesses’ demand for choice when it comes to payment rails. Signature Bank Mixes Rails For AP. Cashfree Links India Firms To Faster Payments.

B2B 89

B2B Accounts Payable Startups Banking 89

PYMNTS

MARCH 26, 2018

A press release issued Friday (March 23) said Candex secured the funding from Edenred Capital Partners, Partech Ventures, Advisors.fund, Camp One Ventures, NFX, Tekton Ventures, Big Sur Ventures and angel investor Mark Goines. Paymerang provides accounts payable services with a focus on digitizing supplier payments.

Accounts Payable 43

Accounts Payable Vendor Management B2B Startups 43

PYMNTS

MARCH 23, 2018

While announcing $1 million in seed funding, Finhaven said it is also rolling out a blockchain-based securities law compliance solution. The Canadian company said this week that Korea’s Medici Investments provided the investment, which preceded the rollout of its equity and debt issuance platform that creates tokenized securities.

Investments 44

Investments Accounts Payable Banking Startups 44

https://trustedcfosolutions.com/feed/

MARCH 1, 2023

By automating your accounts payable processes, you’ll save hundreds of hours and thousands of dollars from data retrieval and manual work, all while making the process more streamlined. Avoiding costly penalties or fines with improved compliance. Reduced risk of fraud or misuse of assets.

Accounts Payable 62

Accounts Payable Auditing CFO Invoicing 62