Future CFO

JANUARY 26, 2024

The outcome is boosted efficiency, increased accuracy, cost reduction, and stronger supplier relationships—a game-changer in Accounts Payable that allows finance leaders to navigate uncertain economic conditions and elections with confidence. The post Transforming accounts payable operations through AI appeared first on FutureCFO.

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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.

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Accounts Payable Accounting Finance Planning 52

Strategic Treasurer

APRIL 6, 2022

2022 Modernizing Accounts Payable Processing Survey Results. Description : This webinar discusses the accounts payable (AP) results from the 2022 Modernizing AP & AR Processing Survey. Learning Objectives : Consider the accounts payable (AP) results from the 2022 Modernizing AP & AR Processing Survey.

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Accounts Payable Accounting Education Planning 52

PYMNTS

MARCH 10, 2020

We enable our network of distributors to better target their market with a richer offering and advanced technologies to help them achieve their growth plans.”. Esker is a referral partner in this future ecosystem, which we are building to be as close as possible to our customers’ needs.

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Accounts Payable Accounting Invoicing Technology 69

Future CFO

MARCH 27, 2023

To curb rogue spending, businesses need to rethink how the accounts payable (AP) process can be improved. Even while enterprise resource planning (ERP) systems have been improving over the years to make the procurement and payment processes more seamless, much rogue spending or unexpected expenditure still slips through the cracks.

Accounts Payable 52

Accounts Payable Accounting Invoicing Compliance 52

Navigator SAP

JULY 1, 2022

Choosing an enterprise resource planning (ERP) software solution is a big decision. NetSuite practices a modular licensing approach in which many functions are considered add-ons that you have to pay extra to use—and many of these functions are quite basic, such as accounts payable scanning, Excel compatibility, and even telephone support.

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SAP Accounts Payable Accounting Standards Sales 237

CFO Thought Leader

OCTOBER 29, 2024

Once the board approved the plan, Gronen led efforts to align sales teams and streamline processes. In just a few days, he and the leadership team developed a plan to reduce overlapping costs and improve operational efficiency. Gronen: Yooz is an AP (accounts payable) automation and payments company.

Mergers and Acquisitions (M&A) 52

Mergers and Acquisitions (M&A) CFO Finance Profit and Loss 52

PYMNTS

AUGUST 19, 2020

With B2B payments being an increasingly attractive target for innovators, the landscape is growing crowded as more banks and FinTechs roll out their accounts payable (AP) automation solutions. The competition is undoubtedly heating up. Finally, addressing the unique pain points of each client is paramount to customer success. .

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Accounts Payable B2B Reconciliations Banking 127

CFO Talks

JANUARY 8, 2025

Understand Your Teams Starting Point Before planning for growth, its essential to know where your team currently stands. This understanding helps you identify training needs and create tailored development plans. Encourage scenario planning as part of your teams routine. Are there areas where they consistently excel?

Finance 52

Finance Budgeting Problem Solving Accounts Payable 52

Future CFO

FEBRUARY 27, 2022

Accounts payables (AP) is responsible for making sure the company’s bills are paid on a time. An organised accounts payables process ensures that invoices are tracked and paid properly, as well as avoiding missing payments or making a payment more than once. However, automating accounts can be a daunting project.

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Accounts Payable Planning Invoicing Accounting 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

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Accounts Payable Finance Communication Accounting 95

Future CFO

NOVEMBER 27, 2024

In a guidebook , Esker says after years of continuous change, adapting a more human-centric accounts payable approach is now a prerequisite for keeping a business competitive. According to software company Esker , AI-driven automation does the mundane “heavy lifting” so the team is free to perform more strategic tasks.

Accounting 105

Accounting Finance Problem Solving Accounts Payable 105

PYMNTS

DECEMBER 16, 2020

A growing number of businesses are therefore choosing to avoid so-called “fully insured” plans, instead electing self-funded health plans to save money. Patients may visit any of the thousands of providers included in their care plans’ networks, meaning claim processors need to be ready to promptly issue funds to any of these parties.

Healthcare 81

Healthcare Accounts Payable Reconciliations B2B 81

PYMNTS

JULY 7, 2020

The companies noted that Oxbury, which secured its full banking license in early-2020 with plans for a full launch later this year, will focus its services on the agricultural food chain with lending and payments services. Oxbury will gain access to ClearBank’s clearing and payments capabilities, enabling the bank to gain access to U.K.

Banking 96

Banking Accounts Payable Treasury Finance 96

PYMNTS

NOVEMBER 3, 2020

Palette Software has connected its accounts payable (AP) automation cloud technology with Aptean ERP , according to a Monday (Nov. Enterprise business software firm Aptean offers targeted enterprise resource planning (ERP), compliance and supply chain management solutions to firms throughout the globe, according to the announcement.

Credit Risk 88

Credit Risk B2B Accounts Payable B2C 88

PYMNTS

DECEMBER 13, 2020

Orlando, Florida-based B2B Payments-as-a-Service (PaaS) platform Finexio is expanding its reach in the enterprise resource planning (ERP) software space and will now be available on Microsoft AppSource via a direct integration for Microsoft Dynamics users, according to a press release.

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PYMNTS

DECEMBER 20, 2020

Snap Accounts Payable (SnapAP) has completed the first stage of a new funding round with help from a group of Israel-based angel investors, a press release says. The intent of the round is to help SnapAP on the first stage of its planned $2 million seed stage round.

Accounts Payable 79

Accounts Payable Invoicing Manufacturing Leverage 79

PYMNTS

APRIL 24, 2020

Plus, an accounts payable technology company announced a $127 million equity round. In France, Libeo , which offers invoice processing automation technologies for small businesses in need of accounts payable optimization, secured $4.32 B2B FinTech investments appear to be relatively strong, too. KarbonCard. AvidXchange.

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B2B Accounts Payable Startups Invoicing 77

PYMNTS

OCTOBER 21, 2020

With the new funding, Finexio is looking at continuing to streamline and optimize the last mile of the corporate accounts payable process.

Accounts Payable 95

Accounts Payable Education Finance Accounting 95

PYMNTS

DECEMBER 7, 2020

Digital B2B payments innovations as diverse as machine learning (ML) automation, cloud-based enterprise resource planning (ERP) systems and virtual cards are gaining unprecedented traction as businesses move to build sustainable B2B payments operations outside of th e office. Forty-five percent of all employed persons in the U.S.

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B2B Accounts Payable Accounting Accounting Firms 107

PYMNTS

MAY 12, 2020

To automate accounts payable (AP) procedures, Ephesoft, Inc. Semantik Invoice takes important information from invoices and brings the data into enterprise resource planning (ERP), robotic process automation (RPA), enterprise content management (ECM), workflow systems and other business technologies for “downstream processing.”

Invoicing 68

Invoicing Accounts Payable Forecasting Accounting 68

PYMNTS

FEBRUARY 24, 2020

For the accounts payable (AP) and enterprise resource planning (ERP) automation space, it’s no longer business as usual. This month’s Deep Dive explores how speedy cloud-based automation software adoption is promoting healthy business growth. About The Tracker.

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Accounts Payable Invoicing Education Reconciliations 89

PYMNTS

APRIL 17, 2020

Venture capitalists focused their support on corporate lending, payroll and accounts payable technologies, but it was a cross-border B2B payments company that landed the lion’s share of this week’s VC funding. Cerebro Capital. For exceptions, the platform routes the document for human intervention.

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B2B Accounts Payable Invoicing Startups 77

PYMNTS

MARCH 4, 2020

The enterprise resource planning ( ERP ) system has been a staple of corporate finance operations for years, acting as a central repository of data and a hub to initiate a range of processes, from accounting to procurement. Efforts to modernize procurement and accounts payable are also opportunities for data integration with the ERP.

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Cash Flow Forecasting Accounts Payable General Ledger Corporate Finance 104

PYMNTS

JANUARY 31, 2021

Business payments firm FLEETCOR Technologies has acquired accounts payable (AP) platform provider Roger , Fleetcor announced in a press release. The purchase is consistent with plans Clarke outlined in November during the publicly traded company’s third quarter earnings call. Terms of the transaction were not disclosed.

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Accounts Payable B2B Invoicing Accounting Firms 85

The Finance Weekly

NOVEMBER 8, 2022

The second option provides better priced plans and/or caters to different target audiences to ensure there will be a good option for any size or type of business. Here are the 7 best finance software solutions broken down into different categories: 1) Accounting. 4) Financial Planning and Analysis (FP&A). Cons: • Pricing.

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

PYMNTS

OCTOBER 5, 2020

In the bid to streamline payments, she said, companies such as Comdata can examine which enterprise resource planning (ERP) systems its client firms are using, “and we pull in existing customers that have those same systems and have embraced FinTech organizations — and they can collaborate in a bid to transform how payments get done.”. “The

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B2B Healthcare Reconciliations Accounts Payable 130

PYMNTS

AUGUST 12, 2020

Palette Software unveiled accounts payable (AP) automation technology that is designed for firms in the construction and engineering industries and run on the cloud, according to an announcement. Finance administrators and project managers both benefit from automation of the accounts payable process.

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Construction General Ledger (GL) Accounts Payable General Ledger 69

The Finance Weekly

DECEMBER 22, 2022

In 2023, organizations may focus on investing in technology that addresses specific pain points and offers a clear return on investment, such as spend management or accounts payable, rather than broader, more comprehensive investments like enterprise resource planning platforms, according to Born. “I

Financial Planning and Analysis (FP&A) 98

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

PYMNTS

NOVEMBER 10, 2020

AP Optimizer is a big win for our customers and is part of our strategy to provide an integrated offering to manage accounts payables,” said Jeff Jones , head of Corporate Payment and Treasury Solutions for U.S. Bank, according to the release.

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Accounts Payable Banking Invoicing Treasury 80

PYMNTS

JANUARY 13, 2021

Medius has long provided companies with technologies related to the accounts payable (AP) workflow. Customers were to be able to access MediusGo through a broad network of partners such as enterprise resource planning (ERP) integrators, business process outsourcing companies, accounting firms and scanner makers.

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Invoicing Accounts Payable Compliance Accounting Firms 67

PYMNTS

AUGUST 11, 2020

From a lack of supplier acceptance of electronic payments to outdated infrastructure within accounts payable (AP) departments, the B2B payments ecosystem still has much room for improvement on multiple fronts. “You can’t just take an accounts payable view of things,” said Phalen. ”

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B2B Accounts Payable Reconciliations Healthcare 110

PYMNTS

DECEMBER 9, 2020

When Home Depot announced last month its plans to acquire HD Supply Holdings , it wasn’t just a sign of expansion for the home improvement retailer. The takeover signaled an evolution of the company's business model from a traditionally business-to-consumer (B2C) seller, to one that includes business-to-business (B2B) operations.

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PYMNTS

OCTOBER 14, 2020

Its predecessor, RegalPay, has been available since 2008, connecting to more than 160 enterprise resource planning (ERP) systems. To streamline B2B payments, MineralTree company Regal Software unveiled its RegalPay One offering in a Wednesday (Oct. 14) announcement.

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B2B Banking Accounts Payable Reconciliations 82

PYMNTS

DECEMBER 30, 2020

To that end, as Lisa Shields , CEO of FISPAN , told Karen Webster, contextual business banking, with service embedded within enterprise resource planning (ERP) and business banking, is ready to take off. Ideally, they need to change existing ecosystems without giving rise to a major IT project.

Banking 97

Banking Accounts Payable Treasury Reconciliations 97

PYMNTS

SEPTEMBER 24, 2020

the Massachusetts-based accounts payable (AP) automation software provider, announced a $50 million Series D investment round and the purchase of two companies Thursday (Sept. Regal Software, founded in 2008 and headquartered in Atlanta, Georgia, provides ERP (enterprise resource planning) connectors to more than 160 systems.

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Accounts Payable B2B Invoicing CFO 67

https://trustedcfosolutions.com/feed/

JULY 19, 2022

QuickBooks is recognized for being a great basic accounting tool, and it is used by a lot of small businesses because it is user-friendly and affordable. Still, it is not an accounting solution that can handle business processes apart from financials. It is not a full enterprise resource planning solution.

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