Future CFO

MARCH 27, 2023

To curb rogue spending, businesses need to rethink how the accounts payable (AP) process can be improved. That said, there is still much that businesses can do in the new year as they continue to digitalise and improve their operations with technology. However, it typically involves 85% to 90% of the business’ suppliers.

Accounts Payable 52

Accounts Payable Accounting Invoicing Compliance 52

PYMNTS

OCTOBER 28, 2020

SAP SE and Qualtrics , an SAP company, have introduced a new offering that provides entities with the power to find pivotal areas of improvement throughout the source-to-pay workflow to save more money, secure pivotal supply, bolster corporate flexibly and assuage risk, according to a Wednesday (Oct. 28) announcement.

SAP 64

SAP B2B Finance Securities 64

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.

Construction 69

Construction General Ledger (GL) Accounts Payable General Ledger 69

PYMNTS

JULY 16, 2020

Commercial card innovation continues to make big waves in the accounts payable (AP) department, as corporates and card issuers alike explore new ways to drive business spend on cards beyond business trips or ad-hoc purchases. American Express commercial cards have been a staple for many corporates over the years.

Accounts Payable 64

Accounts Payable SAP B2B Invoicing 64

PYMNTS

JUNE 24, 2020

To help project managers and administrators save time, Centsoft has unveiled an accounts payable (AP) automation technology for firms in the construction industry. Centsoft connects with different enterprise resource planning (ERP) technologies like SAP Business One, NetSuite, Dynamics 365 and QuickBooks.

Construction 75

Construction Accounts Payable Invoicing SAP 75

PYMNTS

AUGUST 13, 2020

Barclaycard Payment Intelligence brings together a multitude of accounts payable data points with internal and outside information. It assists clients in creating the correct payment approaches for different suppliers much quicker than they could without the help of technology.

Accounts Payable 69

Accounts Payable SAP B2B Accounting 69

PYMNTS

MARCH 18, 2020

In a recent conversation with PYMNTS, Bectran Business Development and Implementation Manager Dominic Biegel reflected on the deepening relationship between an organization’s accounts receivable (AR) operations and its clients’ accounts payable processes. Goldman Joins SAP Ariba Network.

B2B 67

B2B Accounts Payable SAP Invoicing 67

PYMNTS

MAY 7, 2020

Deepening ties between accounts payable (AP) and accounts receivable (AR) departments will be key to ensuring buyers and suppliers remain viable. Dynamic discounting can mean lucrative discounts on the accounts payable side, and faster payments on the accounts receivable side.

Accounts Payable 60

Accounts Payable SAP B2B Currencies 60

PYMNTS

SEPTEMBER 25, 2019

Accounts payable automation firm AvidXchange is deepening its integration into NetSuite by adding new features to its AvidXchange for NetSuite (AFN) SuiteApp. In August, AvidXchange announced the acquisition of BankTEL Systems, a company that provides accounting technology to financial institutions.

Accounts Payable 55

Accounts Payable SAP Invoicing Accounting 55

PYMNTS

JUNE 23, 2020

Manual processing creates opportunities that can sap employees’ time and increase the likelihood of errors, making businesses eager to automate their systems and to use technologies to handle such tasks. The accounts payable (AP) automation market is expected to grow from $1.6 billion in 2019 to $3.1 billion by 2024.

Accounts Payable 85

Accounts Payable Invoicing Treasury SAP 85

PYMNTS

AUGUST 28, 2019

Accounts payable automation company AvidXchange is strengthening its position in the banking and financial services sector through the acquisition of BankTEL, the company said Tuesday (Aug. AvidXchange has reached an agreement to acquire BankTEL Systems, which provides accounting technology to banks.

Accounts Payable 59

Accounts Payable Banking Invoicing SAP 59

PYMNTS

JULY 30, 2020

In an effort to help companies reduce their accounts payable (AP) expenses, Zycus has rolled out artificial intelligence (AI)-powered bots for the last part of the procurement process, according to an announcement. Its technology also includes a supplier portal and an eInvoicing offering.

Accounts Payable 60

Accounts Payable SAP Invoicing Construction 60

PYMNTS

JUNE 20, 2019

In accounts payable and accounts receivable, rising fraud mitigation efforts may also lead to more false positives, leading to declined commercial card transactions, misplaced suspicion between buyers and suppliers, delays in invoice processing and more. Mixing Humans With Technology. The False Positive Threat.

B2B 73

B2B Accounts Payable Invoicing B2C 73

PYMNTS

JULY 1, 2020

With so many companies still relying on paper — particularly in areas like accounts payable (AP) in which paper invoices are received and paper purchase orders are sent — the conversation was not only about how to digitize that process, but potentially optimize that workflow, he said. ” Room for Improvement.

Accounts Payable 100

Accounts Payable SAP Invoicing Accounting 100

PYMNTS

SEPTEMBER 2, 2020

Consulting and implementation firm excelerateds2p has become part of the international partner network of source-to-pay technology provider Basware , according to a Wednesday (Sept. excelerateds2p has had a traditionally formidable emphasis on those who use SAP and SAP Ariba, according to the announcement. 2) announcement.

SAP 52

SAP Accounts Payable Forecasting Finance 52

PYMNTS

APRIL 29, 2020

Celonis , which works in artificial intelligence (AI)-powered process mining, has introduced its new process mining engine, which will help automate accounts payable (AP) functions, according to a press release. Celonis’ technology will also let customers build their own purpose-built Operational Applications.

Accounts Payable 52

Accounts Payable SAP B2B Accounting 52

PYMNTS

MARCH 21, 2019

For many companies, the accounts payable (AP) process is mired in paper, but technology, properly deployed, can cut down the paper chase, streamlining the journey between getting invoices and paying them. Solutions must also work across different ERP systems, he said, because the future may be unpredictable. “You

Accounts Payable 48

Accounts Payable Invoicing Compliance SAP 48

PYMNTS

MARCH 6, 2020

The big action in corporate spend management is travel and entertainment (T&E), where the 800-pound gorilla has long been Software-as-a-Service (SaaS) goliath, SAP Concur. billion expense management pie), a group of competitors has merged into a new company to challenge SAP’s category dominance.

SAP 52

SAP Accounts Payable Compliance Entertainment 52

PYMNTS

JANUARY 26, 2017

The company announced earlier this month that it has developed what it claims to be the world’s first technology to integrate blockchain into ERP systems like SAP. But there’s another reason why proponents of blockchain are so confident the technology can make waves in the payments space: security.

SAP 57

SAP Invoicing Reconciliations B2B 57

Future CFO

MAY 15, 2022

SAP Concur hopes that regional governments already using PEPPOL could use their influence to encourage other countries transacting with it to adopt the system. Businesses that want to drive accounts payable efficiency should take a closer look at PEPPOL. in five days for sums up to AU$1 million.

Invoicing 52

Invoicing Accounts Payable SAP Finance 52

PYMNTS

APRIL 5, 2019

In the latest news, American Express and SAP Ariba announced Wednesday (April 3) a new partnership. American Express will be using Ariba Network APIs to enable its virtual card capabilities within the SAP Ariba process and platform. 5G: Five G? How about lotsa Gs? IPO Tax Windfall: Amid dizzying IPOs — they’re up and they’re down!

B2B 47

B2B SAP Accounts Payable Restructuring 47

PYMNTS

MARCH 25, 2020

The technology has a variety of use cases, from accounts payable (AP) tools that need to be able to properly ingest data within these eInvoices, to factoring companies that must validate eInvoices and ensure accuracy in order to release funds. An Evolving Landscape. “The problem for U.S. ”

Accounts Payable 40

Accounts Payable Invoicing SAP B2B 40

PYMNTS

JUNE 22, 2016

ExceleratedS2P , a source-to-pay technology and service provider, understands the ins and outs of the oil and gas procurement process and gave PYMNTS a view of its unique challenges. . Any technology that helps oil and gas companies procure must adhere to strict standards — and fast. ” .

B2B 40

B2B SAP Accounts Payable Invoicing 40

Future CFO

MAY 15, 2023

Business perspective: Why managing Inflation is important and how smart technologies can help Inflation has become a major concern for businesses and individuals alike, with the rate of inflation reaching its highest level in 40 years. In the past, stand-alone business technologies lived in siloes, and data was hoarded.

IFRS 52

IFRS SAP Accounts Payable Compliance 52

PYMNTS

MAY 11, 2018

The potential cannot be ignored, however – particularly in the finance department, where information from accounts payable, accounts receivable, treasury and accounting hold the keys to insight into cash flow, predictable payment behavior and new opportunities to boost the bottom line. ”

Accounts Payable 40

Accounts Payable Treasury SAP Forecasting 40

PYMNTS

MAY 12, 2016

Her company is one of the first to adopt SAP Ariba’s new Spot Buy solution , a way to automate the approval process for company purchases of off-contract items. I’d rather get the order and lose the 2 percent and not have to go chasing my money and, if they don’t pay, to have to follow up with our staff, to call accounts payable.”

SAP 40

SAP B2B Accounts Payable eCommerce 40

Future CFO

AUGUST 18, 2023

In the finance function, basic accounting processes like accounts payable, payroll and purchasing are often allocated under the shared services model. This allows the organisation’s core finance and accounting (F&A) operations to concentrate on more strategic work, such as financial analysis and planning.

Finance 52

Finance Communication Accounts Payable Invoicing 52

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

CFO Talks

DECEMBER 26, 2021

We have 30 00 employees around the world and what Hilti strives for is just to make the construction business simpler, faster but also safer, which gets more and more important, while we bring our technologically leading products to our customer.

CFO 68

CFO Construction Education Finance 68

PYMNTS

JULY 21, 2020

With accounts payable (AP) solutions increasingly paying attention to supplier needs, commercial card technologies have expanded their focus on both the AP and accounts receivable (AR) side of B2B transactions. SAP ERP Integrates With ezyCollect.

SAP 70

SAP Accounts Payable B2B Reconciliations 70