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

CFO Thought Leader

OCTOBER 29, 2024

Once the board approved the plan, Gronen led efforts to align sales teams and streamline processes. Subsequent roles at Technosource and VPay expanded his skills into operations, sales, and human resources, giving him the well-rounded experience necessary for senior leadership. Another key advantage is traceability.

Mergers and Acquisitions (M&A) 52

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

PYMNTS

MARCH 13, 2019

This stumbling block to innovation is often visible in accounts payable (AP) departments, Corcentric SVP of Sales Daniel Andrew told PYMNTS in a recent conversation. Organizations’ accounts payable departments perform at a certain level, and then stay there.

Accounts Payable 44

Accounts Payable Accounting Invoicing Benchmarking 44

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. .

Accounts Payable 127

Accounts Payable B2B Reconciliations Banking 127

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.

Accounts Payable 95

Accounts Payable Finance Communication Accounting 95

CFO Simplified

JUNE 23, 2022

Reconciles the bank accounts. Codes and processes Accounts Payable invoices. Issues Accounts Payable checks. Prepares monthly sales tax returns. Here’s a list of ten tactical things that a controller does: Maintains the company’s bank balance. Calculates and enters payroll. Provides reporting to banks.

CFO 96

CFO Cash Flow Forecasting Accounts Payable Forecasting 96

PYMNTS

DECEMBER 22, 2020

This week's look at the convergence of accounts payable and accounts receivable finds tools like commercial cards, trade credit, artificial intelligence and robotics process automation easing friction on both ends of a B2B transactions. PYMNTS And CSI Eye AR-AP's Digital Shift. Robotics Process Automation Tackles AR-AP Friction.

Accounts Payable 79

Accounts Payable B2B Invoicing Accounting 79

PYMNTS

FEBRUARY 28, 2020

One of the latest FinTech firms to do so is accounts payable (AP) automation company Centsoft , which recently announced a data integration with QuickBooks Online. It’s one thing to enable two B2B FinTech platforms — like an accounts payable and accounting platform — to share data with each other.

Accounts Payable 83

Accounts Payable Banking Invoicing B2B 83

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. Following this seed round, the company intends to announce several new channel sales distribution partnerships which are in the process of being finalized.

Accounts Payable 79

Accounts Payable Invoicing Manufacturing Leverage 79

PYMNTS

JUNE 25, 2020

As accounts payable (AP) and accounts receivable (AR) operations continue to converge for many organizations, buyers and suppliers are increasingly acknowledging the value of using each other’s technology platforms to promote stronger B2B relationships.

Invoicing 112

Invoicing Accounts Payable B2B Currencies 112

PYMNTS

DECEMBER 27, 2019

In today’s top news in payments, Amazon applied for a patent for hand recognition software, and retail sales reached new heights thanks to record online spending. Mastercard: Holiday eCommerce Nearly 15 Pct Of Retail Sales. Retail sales hit record highs this holiday season, thanks to massive growth in online spending, which was up 18.8

Sales 52

Sales Retail Accounts Payable Foreign Exchange 52

PYMNTS

SEPTEMBER 17, 2019

Yardi Procure to Pay and Energy Vice President Akshai Rao pointed to the ability for suppliers to shorten days sales outstanding with such a tool. Marie Aloisi in a statement.

Accounts Payable 43

Accounts Payable B2B Accounting Invoicing 43

CFO Simplified

AUGUST 18, 2022

Days’ Inventory, also known as Days’ Sales in Inventory (DSI), represents the number of days of inventory you have on the warehouse floor, available for sale. Days’ Receivables = Accounts Receivable / (Annual Sales / 365). Days’ Payables. Days’ Payables is the average number of days you take to pay suppliers.

Accounts Payable 105

Accounts Payable Invoicing Accounting Sales 105

https://trustedcfosolutions.com/feed/

APRIL 14, 2022

You can seamlessly integrate all of your restaurant systems into Sage Intacct for complete automation that can streamline your processes and workflows so that all sales data from each restaurant and entity flows directly into your accounting software, eliminating manual input and reducing errors.

Accounting 117

Accounting General Ledger Accounts Payable Budgeting 117

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.

B2B 77

B2B Accounts Payable Invoicing Startups 77

PYMNTS

DECEMBER 9, 2020

For a consumer-facing retailer, these workflows can be unfamiliar and add a flood of friction into the sales process. Unlike B2C retail, B2B workflows can be particularly complex, with many organizations requiring the ability to submit a purchase order, receive an invoice and establish custom payment terms with the seller.

B2C 118

B2C B2B Accounts Payable Invoicing 118

PYMNTS

JANUARY 27, 2020

Last year, they announced a partnership with procurements and accounts payable solution provider Corcentric to implement a new reseller agreement. Under that agreement, the bank will manage the sales, accounts and operations for Cor360, and for it to be used as a white-label platform for Commerce users.

Banking 86

Banking Accounts Payable Accounting Sales 86

The Charity CFO

FEBRUARY 25, 2022

A liability is anything you owe to other people or companies, including accounts payable, credit cards, and short-term or long-term debt. Your Chart of Accounts will be unique to your organization, but here’s an example of what it might look like: . Account Description. Accounts Payable. Description.

Nonprofit 98

Nonprofit Accounting Accounts Payable GAAP 98

The Charity CFO

JANUARY 17, 2022

But it also includes accounts payable (unpaid bills), credit card bills, outstanding payroll, and more. Unpaid bills (accounts payable). However, it can also be cash from sales of products, courses, or subscriptions. Sales of products or services. Accounts Payable. Lines of credit. Net Assets.

Nonprofit 98

Nonprofit Accounting Profit and Loss Accounts Payable 98

PYMNTS

SEPTEMBER 17, 2020

This week's roundup of the convergence of accounts payable (AP) and accounts receivable (AR) takes a look at how B2B payments solution providers are considering both buyers and suppliers as a result of the pandemic.

B2B 92

B2B Vendor Management Marketing Accounts Payable 92

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

https://trustedcfosolutions.com/feed/

JUNE 2, 2022

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. Ability to analyze AR data from a variety of perspectives, like revenue over time or collection activity on customer accounts, to get a complete view of your business.

Finance 104

Finance General Ledger IFRS GAAP 104

CFO Share

JUNE 18, 2024

Avoid Overloading Your Accounting Software Many bookkeepers think accounting software should be the ultimate source of truth for all data – bills, payroll, inventory, sales transactions, etc. As your business grows, it’s essential to keep detailed data in specialized systems outside your accounting software.

General Ledger 105

General Ledger CFO Accounts Payable Financial Data 105

PYMNTS

FEBRUARY 20, 2019

UMB Financial Corporation is teaming up with Bottomline Technologies to integrate an accounts payable management offering for corporate customers. In a press release sent to PYMNTS, the companies announced Wednesday (Feb. partnerships and new initiatives, in another statement. Last year UMB announced another partnership with U.K.-based

Accounts Payable 53

Accounts Payable Banking Treasury B2B 53

PYMNTS

SEPTEMBER 14, 2020

As more manufacturers and other sellers migrate their sales strategies online, they're seeking to please online shoppers the same way Amazon has done for individual consumers. As a result of work-from-home requirements, accounts payable (AP) professionals cannot be in the office to print and mail paper checks.

B2B 107

B2B B2C Manufacturing eCommerce 107

PYMNTS

JANUARY 21, 2019

The firm’s Business Leaders Outlook report, published earlier this month, found that the majority of SMBs expect revenue, sales and profit increases in 2019, with executives turning to hiring activity and technological innovation as drivers of their success. However, financial transformation is complex.

B2B 75

B2B Accounts Payable Data Analysis Technology 75

PYMNTS

DECEMBER 15, 2020

"Retailers were being approached by sales reps, inventory was being managed on white boards and sales were in spreadsheets," Gordon said. Because consumer transactions continue to rely on cash, the accounts receivable (AR) and accounts payable (AP) processes within the supply chain can be fragmented.

B2B 111

B2B Accounts Payable Startups Invoicing 111

https://trustedcfosolutions.com/feed/

FEBRUARY 12, 2023

Businesses operate similarly, requiring a toolbox of strategic sales pitches, marketing efforts, and accurate financial analyses to continue on the right track. Good dashboards will offer core financial functionality, such as cash and order management and accounts payable and receivable.

Accounting 105

Accounting Accounts Payable Finance Financial Reporting 105

PYMNTS

NOVEMBER 10, 2020

Businesses of all sizes struggle with capital management, regardless of whether they employ staff or seek out third parties to handle their cash flows, accounts payable (AP) and accounts receivable (AR) processes and other related tasks.

Invoicing 87

Invoicing Accounts Payable Treasury Sales 87

Cube Software

MAY 11, 2023

Introduction to the percentage-of-sales method The percentage-of-sales method is a financial forecasting model to assess a company’s financial future by making financial forecasts based on monthly sales revenue and current sales data. The percentage-of-sales method works just like that.

Sales 52

Sales Financial Planning and Analysis (FP&A) Forecasting Accounting 52

PYMNTS

JULY 27, 2020

Researchers analyzed 2 million stolen usernames to explore how cybercriminals exploit the information and found that usernames with “invoice” are some of the most popular, while “partners” and “payments” were also terms found within usernames to be commonly advertised for sale.

Invoicing 101

Invoicing Accounts Payable Advertising B2B 101

PYMNTS

OCTOBER 8, 2019

Visa has teamed up with business expense management firm Payment Logic to support the use of commercial cards in accounts payable for Australian businesses. Reports in IT Wire on Monday (Oct. 7) said Visa and Payment Logic are launching Yak Pay, a new company that connects small businesses with a supplier payment solution.

Accounts Payable 57

Accounts Payable Reconciliations Accounting Startups 57

PYMNTS

JULY 2, 2020

Often at the center of this initiative is the accounts payable (AP) department — and unsurprisingly for these volatile times, the strategy can turn toward lengthening the days payable outstanding (DPO). “Suppliers who have historically been resistant to cards are now welcoming it in certain respects,” he noted.

Economics 104

Economics Accounts Payable B2B Reconciliations 104

PYMNTS

SEPTEMBER 15, 2016

.” According to its announcement, Tipalti will look to position its accounts payable tool across a broader range of corporate clients, including expanding its breadth of company sizes, industries and geographic regions. Tipalti’s sales and marketing efforts will also get a boost from the funding, the firm added.

Accounts Payable 67

Accounts Payable B2B Leadership Finance 67

PYMNTS

NOVEMBER 11, 2020

Back office modernization is in the spotlight like never before, and solutions that streamline accounts payable (AP) and accounts receivable (AR) functions are in high demand. Many changes in liquidity demands are seasonal, such as around the holidays, when businesses see higher sales and inventory reordering.

Invoicing 87

Invoicing Accounts Payable Treasury Reconciliations 87

PYMNTS

JANUARY 24, 2020

Designed for the field services industry, Skynamo ’s offering connects businesses to a sales app and management solution while enabling sales representatives to reduce their reliance on paper. FTV Capital led the investment, which will be used to expand throughout Europe and the U.S., AvidXchange.

B2B 79

B2B Accounts Payable Startups Investments 79

PYMNTS

MAY 7, 2020

Data analytics technologies like artificial intelligence and machine learning continue to move swiftly into accounts payable (AP) and accounts receivable (AR) departments. Accounts payable and accounts receivable are the most in-demand areas within finance that we’re looking at,” said Thomsen.

Accounts Payable 56

Accounts Payable B2B Invoicing Accounting 56