PYMNTS

APRIL 14, 2020

Cleaning supplies manufacturers are also prioritizing creating the items that are in highest demand over those that are more niche. Criminals are sending emails that pretend to be from executives and which instruct accounts payable (AP) department employees to send funds into bank accounts that actually belong to the thieves, for example.

Accounts Payable 119

Accounts Payable B2B Transportation Manufacturing 119

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

SEPTEMBER 28, 2020

Businesses and consumers must prioritize cyber resilience and recognize that it is everyone's responsibility to protect their data," said OpenText CEO and Chief Technology Officer Mark J. million was stolen from one company via accounts payable (AP) fraud , the Chicago Tribune reported. Barrenechea in a statement.

Accounts Payable 96

Accounts Payable Invoicing Treasury B2B 96

PYMNTS

JUNE 24, 2020

The accounting world was as caught off-guard and unprepared as most other industries when COVID-19 came to town. One fact has clearly surfaced in the interval between pandemic lockdowns and phased reopenings, and it’s this: accounts payable (AP) can’t cut it manually anymore.

Accounting 95

Accounting Accounts Payable Invoicing Prioritization 95

Strategic Treasurer

JULY 7, 2022

Proper prioritization requires insights, and insights require visibility across cash, accounts receivable, inventory, and accounts payable. Priorities must come before proper action on working capital and liquidity management.

Accounts Payable 93

Accounts Payable Prioritization Education Leadership 93

PYMNTS

SEPTEMBER 23, 2020

Intelligent Collections will provide real-time visibility and predictive tools to show accounts receivable departments which accounts might be late on payments or delinquent, according to the release.

Corporate Finance 70

Corporate Finance Finance Cash Flow Forecasting Vendor Management 70

PYMNTS

JANUARY 27, 2021

The ability to view account balances, initiate payments and apply cash within a unified platform can yield major benefits for corporate treasurers, boosting financial visibility through bridging the usually siloed operations of banking, accounting, accounts payable (AP), accounts receivable (AR) and more.

Banking 115

Banking Accounts Payable Treasury Prioritization 115

PYMNTS

FEBRUARY 1, 2021

It’s not that automating invoice generation, banishing checks, automating the cash application process and systematically removing all the manual touches from accounts payable (AP) and accounts receivable (AR) workflows weren’t unknown concepts among chief financial officers (CFOs) and treasury departments at the time.

B2B 94

B2B Treasury Accounts Payable Cash Management 94

PYMNTS

DECEMBER 10, 2020

Whether that means arming professionals with mobile-friendly ways to pay while out of the office, or enabling accounts payable (AP) teams to transact electronically with their vendors, solutions must prioritize security and speed to meet the needs of both employees and their finance chiefs. "We

Securities 106

Securities B2B Accounts Payable Prioritization 106

PYMNTS

MARCH 10, 2020

As more technology emerges to sit between a company’s accounts payable (AP) platform and its vendor’s accounts receivable (AR) portal, service providers are looking to ease friction in a multitude of ways, from accelerating payments and cash flows to easing contract negotiations. Crowdz Pilots Invoice Crowdfunding.

Accounts Payable 57

Accounts Payable Invoicing B2B Vendor Management 57

PYMNTS

APRIL 7, 2020

In a conversation with Karen Webster, Bottomline CEO Rob Eberle discussed how the company came to launch a solution designed to ease the loan application burden on both banks and borrowers and described the role of B2B FinTechs elsewhere as market disruption forces finance teams to prioritize their digitization efforts.

Prioritization 66

Prioritization Accounts Payable B2B Technology 66

PYMNTS

JANUARY 12, 2021

With employees seeking to use company cash in the same way they make purchases in their personal lives, T&E has experienced rapid consumerization of workflows compared to other areas of B2B payments, like accounts payable (AP).

B2B 91

B2B Accounts Payable Reconciliations Prioritization 91

PYMNTS

OCTOBER 4, 2019

Businesses are becoming more aware of tech-enabled solutions and prioritizing tools that can help them work smarter — and not harder. And, with innovation and education, FinTechs such as AvidXchange are helping businesses tap into the latest accounts payable innovations as they become more aware of emerging technologies.

Technology 56

Technology Accounts Payable Invoicing Education 56

CFO Network

MARCH 11, 2024

Accounts Payable Management: Ensuring Timely Payments Another critical aspect of cash flow management is managing accounts payable effectively. Neglecting accounts payable can result in missed payments, damaged vendor relationships, and even disruption of essential supplies or services.

Accounts Payable 52

Accounts Payable Cash Flow Forecasting Invoicing Forecasting 52

PYMNTS

JANUARY 28, 2021

Digital assets can usher in a far more flexible paradigm of capital inflows and outflows, especially when it comes to the legacy 30-day payment schedule in accounts payable (AP) and accounts receivable (AP), noted Sully. According to Sully, the message is “modernize today so you can integrate tomorrow.”.

Treasury 84

Treasury Foreign Exchange Accounts Payable Currencies 84

PYMNTS

FEBRUARY 24, 2020

The antidote is secure systems that automate accounts payable, use artificial intelligence (AI) and machine learning to endlessly scan for threats while humans prioritize payments and (ideally) add some face time to thriving eCommerce relationships. After all, B2B eCommerce will be a $1.1

B2B 73

B2B eCommerce Accounts Payable B2C 73

Future CFO

AUGUST 1, 2023

Specific to the automation of finance and accounting processes, can you identify the top three areas mid-size enterprises are prioritizing to automate? This can help them stay competitive in today's fast-paced business environment and stay ahead of their competitors in the global market.

Invoicing 98

Invoicing General Ledger Reconciliations Budgeting 98

PYMNTS

MAY 4, 2020

Office closures and remote working mandates have created an uncomfortable wakeup call for accounts payable (AP) and accounts receivable (AR) departments that continue to rely on manual, paper-based processes. Prioritizing Buyer-Supplier Benefits. And there are a lot of them.

Invoicing 66

Invoicing Accounts Payable B2B Reconciliations 66

PYMNTS

JANUARY 22, 2021

In the accounts receivable (AR) function, Franco noted that Nurx implemented lockboxes in order to centralize the receipt of paper checks from insurance companies. But on the accounts payable (AP) side, the company also saw the opportunity to shift from checks to digital payment methods to pay vendors.

Healthcare 74

Healthcare B2B Prioritization Accounts Payable 74

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

APRIL 16, 2020

However, Tipalti Co-founder and CEO Chen Amit said he’s noticed more businesses taking the leap into accounts payable (AP) automation to mitigate the friction that comes with a remote workforce and cash flow pressures.

Finance 75

Finance Accounts Payable Invoicing Prioritization 75

CFO Simplified

SEPTEMBER 16, 2022

It also includes: The invoices that you have entered into accounts payable, and. Some payments are repetitively automatically deducted from your account. 5: Prioritize the Payments by Category. Auto payments coming directly out of your bank account are considered “critical.” The bills that you’re waiting to enter.

Accounts Payable 52

Accounts Payable Prioritization CFO Invoicing 52

PYMNTS

JUNE 21, 2018

The stats indicate key areas in which professionals say they are increasing awareness and use of digital solutions to make accounts payable and accounts receivable processes faster, more streamlined and more secure. More than half noted that invoice and payment automation are also highly prioritized within their organizations.

Accounts Payable 44

Accounts Payable B2B Invoicing Accounting 44

PYMNTS

JULY 28, 2020

Although the enterprise continues to accelerate its digitization efforts, chief financial officers keep hitting roadblocks when it comes to modernizing workflows regarding accounts payable (AP) and embracing electronic payments. Monetizing The Virtual Card.

B2B 70

B2B Reconciliations Accounts Payable Prioritization 70

PYMNTS

SEPTEMBER 29, 2020

Advances in artificial intelligence (AI) and automation technology has introduced a whole host of ways to help corporate finance teams from accounts payable (AP) to accounts receivable (AR) recover hours lost to what has traditionally been manual tasks.

Cash Flow Forecasting 59

Cash Flow Forecasting Accounts Payable Invoicing Corporate Finance 59

CFO Share

SEPTEMBER 12, 2023

Current assets refer to items like: Cash Accounts receivable Inventory, and Short-term investments that can be quickly liquidated, typically within a year. On the other hand, prudently managing accounts payable ensures you’re not parting with cash sooner than necessary, preserving liquidity.

Accounts Payable 52

Accounts Payable Prioritization Accounting Leverage 52

PYMNTS

SEPTEMBER 24, 2020

And, the release says, new intelligent assignment and prioritization of invoice processing requests via digital workflows, which will help accounts payable (AP) departments manage workload.

Accounts Payable 43

Accounts Payable Invoicing Prioritization Currencies 43

Spreadym

OCTOBER 13, 2023

Managing Accounts Receivable: Efficiently manage your accounts receivable by invoicing promptly, offering discounts for early payment, and pursuing collections for overdue payments. Managing Accounts Payable: Delay payments to suppliers only when it is advantageous and do not jeopardize supplier relationships.

Cash Flow Forecasting 59

Cash Flow Forecasting Accounts Payable Forecasting Invoicing 59

CFO Share

FEBRUARY 23, 2024

Managing Vendor Payables Strategically Strategic management of accounts payable is another key aspect of optimizing cash flow in small businesses. Prioritizing payments, settling critical supplier invoices first, for instance. By managing payables in this calculated manner, businesses can: Avoid cash shortages.

Accounts Payable 52

Accounts Payable Cash Flow Forecasting Invoicing Prioritization 52

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.

B2B 73

B2B Invoicing Accounts Payable Prioritization 73

PYMNTS

FEBRUARY 1, 2021

Accounts payable (AP) automation has been “leading the way” on digitization, with new virtual cards becoming more common, he said. For accounts receivable (AR) automation, American Express recently teamed up with AR software company Invoiced, to offer discounted AR automation tech to AXP merchants.

Accounting 43

Accounting Accounts Payable B2B SAP 43

PYMNTS

FEBRUARY 4, 2020

Innovations in accounts payable (AP) and accounts receivable (AR) have introduced new technologies to sit between buyers’ and suppliers’ systems for deeper integrations between business partners and their operations.

Accounts Payable 52

Accounts Payable B2B Invoicing Finance 52

PYMNTS

DECEMBER 26, 2019

The last decade of B2B FinTech innovation not only led to an explosion of product options for businesses to manage a variety of processes, including accounts receivable (AR), accounts payable (AP) and accounting. This is especially true in payments, where innovation and structural change are accelerating.

Accounting 53

Accounting B2B Accounts Payable B2C 53

The Finance Weekly

NOVEMBER 13, 2024

One study in 2023 shows that on average, 33% of companies spent $54,308 on finance and accounting software; this increased by 13.7% Significantly, budgets for Accounts Payable (AP) and Accounts Receivable (AR) systems also grew by 29%, proving that CFOs are prioritizing CFO Tech Budgets. from 2022 with $47,758.

Accounting 52

Accounting Invoicing Accounts Payable Budgeting 52

PYMNTS

JANUARY 29, 2020

These cards’ account numbers correspond with certain vendors, and have predetermined spending limits, enabling accounts payable (AP) professionals to better manage expenses, control cash flow and fight fraud. Bank, which must educate clients and suppliers on the advantages offered by such technology. .

Banking 52

Banking Accounts Payable B2B Prioritization 52

PYMNTS

JANUARY 13, 2021

To get a sense of the inefficiencies inherent in traditional collections activities, Shields said that collections departments would typically “call all their customers in the portfolio, usually only looking at the past-due amounts, which helps them prioritize and figure out who they should be calling first.”.

Accounting 94

Accounting Invoicing B2B Treasury 94

The Finance Weekly

FEBRUARY 11, 2024

One ,, study in 2023 shows that on average, 33% of companies spent $54,308 on finance and accounting software; this increased by 13.7% Significantly, budgets for Accounts Payable (AP) and Accounts Receivable (AR) systems also grew by 29%, proving that CFOs are prioritizing CFO Tech Budgets. from 2022 with $47,758.

Accounting 52

Accounting Invoicing Accounts Payable Budgeting 52