PYMNTS

DECEMBER 3, 2020

Intelligent automation supplier Kofax has announced new innovations for its invoice and accounts payable (AP) solutions, according to a press release. In June, Kofax introduced a new trade finance solution, PYMNTS reported, aiming to automate the handling of hard copy and electronic trade transaction paperwork.

Accounts Payable 69

Accounts Payable Accounting Invoicing Compliance 69

PYMNTS

APRIL 8, 2020

With a launch that links enterprise resource planning (ERP) with accounts payable, among other systems, OpenText debuted its new OpenText™ Trading Grid™ The rollout brings together multi-enterprise cloud integration capabilities with data visualization and microservices architecture, according to an announcement.

Accounts Payable 72

Accounts Payable Accounting B2B Manufacturing 72

Fpanda Club

MARCH 14, 2021

Assessing efficiency of businesses, projects and processes, the finance function does not always set an example in terms of best productivity. The evolution of the finance function results in new roles of finance professionals as strategic co-pilots and process and performance management experts.

Finance 130

Finance Benchmarking Transportation Accounts Payable 130

Strategic Treasurer

APRIL 3, 2023

Episode 247 Becoming a Treasurer Series, Part 26: Languages of Finance: Accounts Payable What problems arise when treasury and accounts payable misunderstand each other?

Accounts Payable 52

Accounts Payable Accounting Finance Treasury 52

Future CFO

NOVEMBER 27, 2024

Finance teams found their way in 2024 to keep up with the ever-changing market landscape brought about by a number of factors. The accountancy profession, as we know it, faced challenges in technology--what with the concerns on how artificial intelligence poses threat on their jobs regarding the way it can take over their roles.

Accounting 105

Accounting Finance Problem Solving Accounts Payable 105

Global Finance

FEBRUARY 4, 2025

Supply chain finance boosts resilience, liquidity, and ESG goals amid deglobalization and technological shifts. As the world edges toward an age of deglobalization, supply chain finance (SCF) is increasingly seen as a powerful tool for enhancing supply chains resilience and flexibility. billion in 2024 and is expected to reach $15.2

Finance 52

Finance Invoicing Banking Manufacturing 52

Future CFO

JANUARY 26, 2024

Systems powered by artificial intelligence are without a doubt revolutionising invoice processing in finance departments. The technological advancement provides more than just automation and reshapes roles, empowering finance teams to zero in on strategic activities like data analysis, supplier negotiations, and decision-making.

Accounts Payable 52

Accounts Payable Cash Flow Forecasting Accounting Invoicing 52

PYMNTS

AUGUST 4, 2020

And according to Fraser, that means banks will be poised to support that cash flow collaboration through trade finance innovation. Lessons Learned From 2008. According to Fraser, that has a profound impact on these firms’ ability to support their partners. There are new lessons to be learned, too.

Finance 124

Finance Cash Flow Forecasting Accounts Payable Economics 124

Future CFO

APRIL 6, 2022

A common thread among these initiatives is the urgent shift to a more contemporary, digitally savvy, and data-driven accounts payable function. Making this goal a reality will require accounts payable departments to: Standardize processes Make greater use of emerging technologies Deliver more real-time operational insights.

Accounts Payable 52

Accounts Payable Accounting Finance Planning 52

Future CFO

FEBRUARY 11, 2024

As a result of ongoing inflation, economic disruption, and the lowest growth project from The International Monetary Fund (IMF) since 1990, many Accounts Payable (AP) departments are being tasked with driving cost reductions and improving operational efficiency to increase company profitability and workforce productivity.

Accounts Payable 52

Accounts Payable Accounting SAP Economics 52

Future CFO

APRIL 6, 2022

The post Four quarters to accounts payable efficiency appeared first on FutureCFO. This white paper details: The four stages of successfully adapting to a new AP automation solution The steps to take in each stage for AP, suppliers, and the overall business How to affect change in adjacent process areas to maximize benefits.

Accounts Payable 52

Accounts Payable Accounting Technology Finance 52

The Finance Weekly

DECEMBER 22, 2022

As the outlook for the 2023 economy becomes more uncertain, finance professionals are looking to invest in technology that increases organizational efficiency and contributes to strategic decision-making. In essence, it's all about the economy and promoting business partnering. Maximizing ROI with Targeted Solutions.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Finance Accounts Payable Prioritization 98

The Finance Weekly

NOVEMBER 8, 2022

A finance software stack is a list of top solutions that will produce the best results for finance teams. Finance is responsible for a large number of critical operations in a business. Here are the 7 best finance software solutions broken down into different categories: 1) Accounting. Low implementation times.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Finance Accounts Payable Invoicing 98

Future CFO

MARCH 27, 2023

To curb rogue spending, businesses need to rethink how the accounts payable (AP) process can be improved. Automating the AP process, for instance, can help untangle some of the difficulties that finance teams face now when identifying and uncovering rogue spending.

Accounts Payable 52

Accounts Payable Accounting Invoicing Compliance 52

Future CFO

MARCH 16, 2022

Hexamatics Servcomm , an HR and business process service provider headquartered in Malaysia, decided at the onset of the current pandemic to automate its operational account and control (OAC) function, which has been crucial in reducing daily operation time by 50% to 60%. For each process, we create an SOP.

Finance 98

Finance Accounts Payable Invoicing Compliance 98

PYMNTS

JUNE 26, 2020

Some startups focused on data aggregation to expand underwriting capabilities, while others operate platforms to facilitate financing. The firm also operates a utility bill capture for payments solution, which supports bill payment and streamlined accounts payable operations for corporates, it noted. Aye Finance.

B2B 115

B2B Startups Finance Accounts Payable 115

https://trustedcfosolutions.com/feed/

JUNE 2, 2022

Suppose your company finances are complicated and include multiple entities or locations. In that case, you may be looking for more powerful real-time accounting solutions to provide you with a better view of your entire operation and help with things like taxation, HR, multiple currencies, and more. appeared first on.

Finance 104

Finance General Ledger IFRS GAAP 104

CFO Plans

OCTOBER 29, 2024

A case in point is a mid-sized manufacturing company that saw its accounts receivable days drop by 30% after adopting automated invoicing and digital tracking tools, bolstering their liquidity and paving the way for strategic investments.

Accounts Payable 52

Accounts Payable CFO Budgeting Invoicing 52

Future CFO

APRIL 22, 2024

The evolution of the finance function over the past few years has been anything but apparent, with the whole advent of digitalisation within the team and the non-stop shifts in the market. For many Finance teams, AI-powered technology does not replace humans as it functions more like a highly specialised team member.

Finance 98

Finance Budgeting Accounts Payable Concentration 98

Future CFO

MARCH 5, 2023

“Finance automation technology integrates machine learning and artificial intelligence for use in areas such as financial analysis, payroll administration, invoice automation, collections action, and preparing financial statements. What aspect of the finance function benefited most from the introduction of automation, and why?

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Finance Accounts Payable Financial Analysis 98

Future CFO

APRIL 6, 2022

Accounts Payable is responsible for so much more than just paying incoming bills and invoices, particularly given today's global challenges. In partnership with Kofax , SSON ran an industry-wide AP Automation Maturity survey, gaining insights from all over the world into how companies are growing their payables efficiency.

Accounts Payable 52

Accounts Payable Accounting Reconciliations Invoicing 52

PYMNTS

DECEMBER 14, 2020

Amid market volatility, organizations are finding it imperative to accelerate their accounts receivables while extending accounts payables and still maintaining positive buyer-supplier relationships. Accounts receivable and accounts payable are two key functions of the enterprise with significant impact on cash flow.

Accounts Payable 123

Accounts Payable Cash Flow Forecasting Invoicing Prioritization 123

Future CFO

AUGUST 13, 2023

In the journey towards modernisation of finance operations to support a rapidly digitalising enterprise, one of the challenges of finance leaders will be orchestrating the adoption of the right applications to support the evolving needs of the business. Which one technology (brand/product) has contributed most to your success?

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Finance Budgeting Accounts Payable 98

The Charity CFO

MAY 31, 2022

It’s a myth that all stakeholders need to be experts in every aspect of nonprofit finances. Even on nonprofit financial committees, some members may be skilled in accounting, others in banking, and others in investing or financial analysis. Because the basics of nonprofit finances are easy to grasp. . Money In: Revenue.

Nonprofit 98

Nonprofit Finance Auditing Accounts Payable 98

PYMNTS

DECEMBER 28, 2020

Nacha is issuing a warning to accounts payable professionals with regards to the rising threat of fraud. But accounts payable is far from the only back-office financial workflow at risk of fraud. While current fraud tools are helpful, there is no systemic or automated option for accomplishing this," Nacha warned.

B2B 116

B2B Accounts Payable Invoicing Manufacturing 116

CFO News

AUGUST 13, 2023

Annual reports, account payables, treasury management, forecasting, and legal are some areas where CFOs are trying and discovering the use cases for generative AI (artificial intelligence) in their organisation.

Accounts Payable 97

Accounts Payable Treasury Forecasting Finance 97

CFO Thought Leader

JANUARY 29, 2025

Over five years, TDS tripled in size through seven acquisitions, Collis tells us, requiring him to integrate diverse cultures, systems, and processes while scaling the finance team from 10 to 30 members. Position your finance organization as a key driver supporting and accelerating your companys strategy.”

CFO 52

CFO Accounts Payable Invoicing Reconciliations 52

Future CFO

JULY 21, 2021

This touches on both accounts receivables and accounts payables of their business cycle. Having been in the industry for more than 25 years, he stressed even before the pandemic there was already a lot of inefficiencies in existing business processes, including how they manage receivables and payables. “The

Accounts Payable 95

Accounts Payable Finance Communication Accounting 95

PYMNTS

APRIL 1, 2019

Such is the case with supply chain finance, which involves coordination between many parties in a supply chain, and within countless unique circumstances impacting the flow of money between buyers and suppliers (and financiers). Yet, not all financial services can — or should — be a one-size-fits-all tool. A Multifaceted Solution.

Finance 73

Finance Accounts Payable Invoicing Benchmarking 73

PYMNTS

SEPTEMBER 23, 2020

There are three new features — Intelligent Collections, Intelligent Vendor Management and Intelligent Planning — which are intended to remove time-wasting steps and friction and improve cash flow for corporate finance teams, the release stated.

Corporate Finance 70

Corporate Finance Finance Cash Flow Forecasting Vendor Management 70

PYMNTS

MARCH 13, 2020

Trade finance is a critical tool in supporting global trade for both buyers and sellers, particularly smaller businesses. Yet these financing products aren’t without their risks and drawbacks, and today, criticism continues to mount for certain invoice financing tactics in particular. An Alternative To Factoring.

Finance 69

Finance Invoicing Accounts Payable B2B 69

PYMNTS

JULY 7, 2020

With a focus on its broader treasury management offerings, People’s United is adding MineralTree’s invoice-to-pay solution and FIS’s integrated payables technology to streamline business clients’ accounts payable processes.

Banking 96

Banking Accounts Payable Treasury Finance 96

PYMNTS

JANUARY 14, 2021

Sameet Gupte , CEO of EvoluteIQ , recently explained to PYMNTS how this strategy can support what he describes as "hyperautomation," with potentially significant benefits for financial workflows in areas like accounts payable and accounts receivable. Driving Finance Automation. Surmounting The Data Hurdle.

Finance 70

Finance Accounts Payable Auditing Accounting 70

PYMNTS

NOVEMBER 25, 2020

Accounts payable (AP) automation software firm Beanworks has rolled out a function for expense reimbursements to assist companies in automating how they get and handle staffer expenditures, according to an announcement. Supervisors can look over receipts and give the go-ahead for reimbursements from anywhere. "As

Accounts Payable 84

Accounts Payable Invoicing Accounting Finance 84

PYMNTS

FEBRUARY 6, 2019

“What we’re constantly seeing is the line between accounting-slash-finance and technology is getting blurrier and blurrier — in a really good way,” Basil told PYMNTS in a recent interview, adding that chief financial officers today are increasingly focusing on how to wield technology to obtain more meaningful, actionable insights.

Corporate Finance 74

Corporate Finance Accounting Finance Accounts Payable 74