PYMNTS

JANUARY 18, 2021

"Finance is generally the number-one friction point in all organizations," said Alex Wheldon , co-founder of Rho Technologies , which offers business banking services via a collaboration with Evolve Bank and Trust. Marrying AP With Banking.

Accounts Payable 66

Accounts Payable Banking Invoicing Corporate Finance 66

PYMNTS

MAY 13, 2020

Financial instabilities that many companies are facing due to the pandemic has made compensation delays even more painful to suppliers. Manual AP processes give little insight into companies’ payments obligations or financial statuses. Deep Dive: Ho w AP Automation Enables More Informed Investment Decisions. About The Tracker .

Invoicing 79

Invoicing Accounts Payable B2B Budgeting 79

PYMNTS

MARCH 4, 2020

Enterprise cloud migrations have opened up the ability for smaller businesses to adopt ERP technology once reserved for the largest corporates. At the same time, a surge in third-party financial platforms has disrupted the flow of data into the ERP, disbursing information throughout the back office. Modernizing the ERP.

Cash Flow Forecasting 104

Cash Flow Forecasting Accounts Payable General Ledger Corporate Finance 104

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. Companies are increasingly seeking secure and compliant solutions to manage their financial data.

Invoicing 98

Invoicing General Ledger Reconciliations Budgeting 98

https://trustedcfosolutions.com/feed/

FEBRUARY 11, 2023

Sage Intacct’s accounting software makes it easy to keep accurate records throughout the year, preventing future accounting mistakes and optimizing cash flow. On-premise solutions don’t offer the superior flexibility of cloud accounting, which gives organizations access to critical financial data from anywhere.

Accounts Payable 62

Accounts Payable Reconciliations Leverage CFO 62

The Finance Weekly

NOVEMBER 8, 2022

What is a financial tech stack? A tech stack, or a solutions stack, is the combination of technologies and software tools that an organization uses in order to conduct day to day business operations. 5) Accounts Payable. Accounts Payable 2nd Choice: , bill.com. 6) Accounts Receivable/ Invoicing.

Financial Planning and Analysis (FP&A) 98

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

PYMNTS

JULY 29, 2019

The complexities of business transactions not only mean various financial functions, from accounts payable to payroll, are stuck in their own silos — it can often mean more silos within those disparate systems. In corporate payments, the term “silo” is synonymous with “headache.”

Accounts Payable 73

Accounts Payable B2B Invoicing Accounting 73

PYMNTS

DECEMBER 1, 2020

Kim Vodicka, vice president of commercial operations at Dell Financial Services, a division of Dell Technologies that provides financing solutions to businesses’ corporate and consumer clients, told PYMNTS , “APIs are becoming a very common request in the payment space. It’s making a major difference.

Treasury 64

Treasury Accounts Payable B2B Invoicing 64

The Charity CFO

APRIL 1, 2024

Implementing technology into your nonprofit accounting process can help solve a variety of issues—from tracking receipts to properly recording donations. In most cases, technology helps improve the efficiency and accuracy of nonprofit accounting. You’ll need to use the right technology systems to get these benefits.

Nonprofit 52

Nonprofit Accounting CFO Accounts Payable 52

PYMNTS

DECEMBER 17, 2019

For AccountsIQ, the latest embrace of open banking comes in the form of a collaboration with TransferMate , which has now integrated cross-border payments capabilities directly within AccountsIQ’s accounts payable portal. “In the middle market, businesses are becoming more international,” he said.

Marketing 52

Marketing Accounts Payable Foreign Exchange Invoicing 52

The Charity CFO

MARCH 27, 2024

Cloud-Based Accounting Solution Having a cloud-based accounting system is almost required in today’s modern nonprofit landscape, but many accounting programs don’t offer virtual access. Luckily, QuickBooks Online lets your team connect and work with financial data from anywhere with secure internet access.

Nonprofit 40

Nonprofit Accounts Payable Compliance Invoicing 40

PYMNTS

APRIL 23, 2019

Source-to-pay and eInvoicing solution provider Basware has struck a collaboration with Valta Technology Group (Valtatech) to enhance automation in Australia’s superannuation market.

Accounts Payable 43

Accounts Payable Budgeting Compliance Accounting 43

PYMNTS

JULY 23, 2020

In accounts payable, you have to get the payments out and you have to print and mail checks. CFOs and CIOs are notoriously controlling about financial data ; it’s in their job description. Anderson has now closed the office a second time, and OnPay staff is working from home again. New Opportunities, New Risks.

Accounts Payable 60

Accounts Payable Invoicing CFO Accounting 60

PYMNTS

APRIL 8, 2020

As the nation’s traditional financial institutions struggle to cope, alternative lending platforms and other B2B FinTechs are exploring how to put their own technologies to good use. Bottomline Technologies. Biz2Ctredit said “existing partners” have already signed on to use the solution in the coming weeks.

Banking 98

Banking Accounts Payable Compliance Technology 98

Spreadym

JULY 10, 2023

These entries correct errors, allocate costs, or reclassify transactions to the appropriate accounts. Subsidiary Ledgers and Reconciliations: Subsidiary ledgers, such as accounts receivable and accounts payable, are reconciled to the general ledger to ensure consistency and accuracy.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Reconciliations Accounts Payable General Ledger 52

PYMNTS

MAY 25, 2016

If you think of the rise of corporate America over the last century, the function of the accounts payable department probably doesn’t come to mind as one of the main players. In an age of disruption, innovation and near-constant change, accounts payable has become a way for businesses to retain control and strategy.

Accounts Payable 46

Accounts Payable Invoicing Accounting Prioritization 46

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

JULY 23, 2019

But according to Billie Co-Founder Aiga Senftleben, in order to break the cycle of delayed vendor payments, solution providers cannot tackle the problem from only an accounts receivable (AR) or accounts payable (AP) perspective. In Germany, she said, FinTech has made significant strides in payments innovation.

Accounts Payable 58

Accounts Payable Invoicing B2B Finance 58

PYMNTS

JULY 30, 2020

For some finance professionals, it may seem an overwhelming task to make sense of financial data to understand where a company has been, where it is today and where it could be tomorrow. ” added Zych.

Forecasting 78

Forecasting Economics Cash Flow Forecasting Accounts Payable 78

Centage

SEPTEMBER 6, 2022

Lack of Security Features Excel may be an easier target for hackers due to inadequate encryption features for protecting your sensitive business information, such as identifiable details and confidential financial data. Technology does not change so your business can stay the same.

Securities 98

Securities Cash Flow Forecasting Budgeting Forecasting 98

PYMNTS

JANUARY 15, 2021

Accounts payable (AP) and accounts receivable (AR) personnel could no longer be in the office to handle paper, giving rise to the discussion of migrating away from physical invoices and other documents in favor of digital, automated solutions. This has been around for decades.".

B2B 73

B2B Invoicing Accounts Payable Prioritization 73

PYMNTS

JANUARY 30, 2020

Banks and FinTechs continue to discover new opportunities in unlocking corporate clients’ financial data, with banks embracing data integration for their own product development initiatives, and FinTechs finding new ways to collaborate with each other. AccountantsWorld Unlocks Payroll Data for FinTechs.

Banking 64

Banking Accounts Payable B2B Compliance 64

PYMNTS

MARCH 19, 2020

That’s because the more software solutions a business implements, the more platforms there are for accountants, payroll professionals, financial executives and others in the enterprise to toggle between, opening up the opportunity for manual data entry, recording errors and wasted time.

Accounting 62

Accounting Invoicing Accounts Payable Financial Data 62

PYMNTS

MAY 11, 2018

But the aggregation of troves of data points is a monumental task – let alone sorting, analyzing and making sense of that information. The issue, said Alexander Rinke, co-founder and CEO of Big Data company Celonis , is that oftentimes, businesses approach the analytics process by relying on static data points. ”

Accounts Payable 40

Accounts Payable Treasury SAP Forecasting 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

JUNE 8, 2020

Other FIs are offering open banking out of necessity, with governments and regional lawmakers requiring its adoption and that consenting customers’ financial data is made available to third-party payment service providers. percent “less likely to be compromised.”.

Banking 60

Banking Accounts Payable Securities Accounting 60

Creative CFP

AUGUST 11, 2020

Essentially, the investor wants to assess your business’s financial risk profile. This is a combination of business and financial data about your company that helps the investor decide whether or not to invest. What do accounts receivable days, inventory days, and accounts payable days indicate?

Investments 52

Investments Accounts Payable Benchmarking Cash Flow Forecasting 52

PYMNTS

APRIL 12, 2016

The nonprofit industry has a lot to gain from this payment technology, claims a new whitepaper from vendor management consulting firm Vendor Centric. By designating a purchase amount and category, an accounts payable professional can safeguard against fraud or use of a virtual card for an unauthorized purchase. Not-For-Profit.

Nonprofit 40

Nonprofit Accounts Payable Reconciliations Cash Management 40

PYMNTS

JANUARY 25, 2019

Real-time access to data is a driving force behind enterprise modernization. It is, in part, why businesses are digitizing and adopting technology, as they look toward software solutions that can unlock information more quickly. The race to digitize has introduced a new conundrum in corporate data management, however.

Corporate Finance 69

Corporate Finance Finance Accounts Payable Communication 69

PYMNTS

MAY 11, 2017

But with businesses struggling to go all-in on technology, a wave of options for dozens of back-end business processes isn’t necessarily going to make a positive splash on how companies run themselves. For example, Vroozi could connect businesses to suppliers to procure goods but could not facilitate the actual payment of the order.

B2B 42

B2B Cash Flow Forecasting Accounts Payable Invoicing 42

PYMNTS

JANUARY 26, 2018

Corporate accounting software is now a continually evolving space, but progress doesn’t occur in a vacuum: External forces and trends, from changing regulations to increased adoption of FinTech by the enterprise, force businesses to adjust how they record and report financial data. Take Big Data, for instance.

General Ledger 47

General Ledger Benchmarking Reconciliations Accounts Payable 47

PYMNTS

JANUARY 14, 2020

The report is based on a survey of more than 500 financial executives at firms from numerous sectors, including professional services, construction, retail and technology. One of the factors behind this may be financial leaders’ rising expectations for how payment systems should operate. According to the research , 66.7

Accounts Payable 53

Accounts Payable Reconciliations Construction Treasury 53

Centage

SEPTEMBER 6, 2022

Excel may be an easier target for hackers due to inadequate encryption features for protecting your sensitive business information, such as identifiable details and confidential financial data. There are several other issues your business may face depending on how you use Excel and what financial information you store in it.

Securities 52

Securities Cash Flow Forecasting Budgeting Forecasting 52

Michigan CFO

JUNE 7, 2023

CFOs play a pivotal role in strategic decision-making, ensuring the financial health and stability of the business. Evolution of the Virtual CFO Concept With the rise of remote work and advancements in technology, the concept of a virtual CFO has gained significant traction.

CFO 52

CFO Problem Solving Budgeting Communication 52

PYMNTS

SEPTEMBER 4, 2018

Yet there is some adoption of faster payment technologies among corporates. Deutsche noted that this tool supports real-time treasury with the ability to automate reconciliation and cash allocation, interconnecting data between accounts payable and accounts receivable. In the U.S.,

Treasury 44

Treasury Foreign Exchange B2B Accounts Payable 44

PYMNTS

MAY 31, 2017

With the new funding, Wave will focus on building out its integrated financial service capabilities, deploying technologies like artificial intelligence to make better sense of all the financial data it captures. Wave’s approach to enhancing SMBs’ handle on cash management is a bit different.

Cash Management 51

Cash Management Invoicing Accounts Payable Financial Data 51

Future CFO

AUGUST 3, 2021

Hosted by FutureCFO and the Association of Financial Professionals, it saw senior heads of finance discuss the pandemic’s challenge to financial clarity and critical lessons learned that went beyond financial. It is one reason why hunting for financial data is a lifelong job for many financial professional teams.

Finance 52

Finance Forecasting Financial Modeling Accounts Payable 52