PYMNTS

JULY 10, 2019

Some of the biggest industry trends, including faster payments, open banking and bank-FinTech collaboration, have found their ways into the Canadian market, the B2B payments space is not immune to disruption from these shifts. Faster Payments. Open Banking. Bank-FinTech Collaboration.

B2B 62

B2B Accounts Payable Mergers and Acquisitions (M&A) Reconciliations 62

PYMNTS

FEBRUARY 8, 2019

A year ago, he said, he would have advised just one year of cash reserves. ANNA also plans to add features like expense analysis and cash flow forecasting, reports said. Also operating in the banking technology sphere is Bud, which recently raised $20 million in Series A funding.

B2B 75

B2B Cash Flow Forecasting Startups Finance 75

PYMNTS

DECEMBER 14, 2020

The problem with this strategy, however, is that when every company is looking get paid more quickly but pay their own invoices later, B2B buyers and vendors quickly find themselves in a position in which their own cash flow goals contradict each other.

Accounts Payable 123

Accounts Payable Cash Flow Forecasting Invoicing Prioritization 123

PYMNTS

JANUARY 17, 2020

With Tradeshift securing a nine-figured fundraise, the supply chain payments company was the undoubted leader of this week’s B2B venture capital fundraise. But the company wasn’t the only B2B FinTech to secure fresh funding. million landed at B2B startups this week. Below, PYMNTS looks at how more than $292.5 TechnifyBiz.

B2B 52

B2B Cash Flow Forecasting Startups Valuation 52

PYMNTS

SEPTEMBER 4, 2019

Late payments have caught the attention of regulators around the world, and of FinTechs exploring ways to accelerate cash flow for B2B companies struggling to make a profit when invoices are left unpaid. The Financial Consequences.

Cash Flow Forecasting 61

Cash Flow Forecasting Accounting Forecasting Accounts Payable 61

PYMNTS

JUNE 11, 2020

Cash is king, and today, cash flow management is an imperative function for large corporations and small businesses — many of which continue to struggle with the market volatility and business disruption caused by the COVID-19 pandemic. AscendantFX Eases Payment Instruction Hurdles. ”

B2B 52

B2B Accounts Payable Cash Flow Forecasting Reconciliations 52

PYMNTS

JANUARY 15, 2021

As small businesses and other companies struggle with cash flow management amid the coronavirus pandemic, HSBC wants to help. 14) rolled out a “Cash Flow Forecasting” tool through its online banking unit. The Vancouver-based bank on Thursday (Jan.

Cash Flow Forecasting 65

Cash Flow Forecasting Forecasting Cash Management Budgeting 65

PYMNTS

JANUARY 15, 2021

Today in B2B payments, HSBC launches cash flow management tool, and TD Bank acquires equipment finance operations from Wells Fargo. As small businesses and other companies struggle with cash flow management amid the coronavirus pandemic, HSBC wants to help. 14) announcement.

B2B 55

B2B SAP Finance Cash Flow Forecasting 55

PYMNTS

FEBRUARY 27, 2018

Analytics technologies like machine learning, artificial intelligence (AI) and robotics process automation (RPA) turned cash flow forecasting into more of a science than it’s ever been. Franchisees often have multiple business locations, so it’s hard to keep track of the cash in your bank,“ he said.

Cash Flow Forecasting 40

Cash Flow Forecasting B2B Forecasting Financial Data 40

PYMNTS

MARCH 8, 2020

The improvements will be in the fields of cash flow forecasting, payments, late payments, administration and payroll compliance. QuickBooks ’ new cash flow forecasting feature, the company said, will lend business owners 30- and 90-day forecasts for cash flow, using data held within their accounts.

Cash Flow Forecasting 73

Cash Flow Forecasting Forecasting Invoicing Compliance 73

PYMNTS

MARCH 4, 2020

The boom in B2B FinTech has introduced a flurry of new solutions and platforms from which corporates and small businesses can choose. Similar challenges have emerged in the traditional ERP’s ability to meet modern financial planning, cash flow forecasting, and risk analytics needs, he added.

Cash Flow Forecasting 104

Cash Flow Forecasting Accounts Payable General Ledger Corporate Finance 104

PYMNTS

OCTOBER 14, 2020

Wes Gillette , vice president of Product Management at insightsoftware , told PYMNTS that the legacy ERP solutions no longer fit every business model, as modern, specific problems in financing, cash flow forecasting and risk analysis often require new solutions.

Cash Flow Forecasting 92

Cash Flow Forecasting Marketing Risk Analysis Manufacturing 92

PYMNTS

DECEMBER 1, 2016

For corporate payments, that could mean more accurate cash flow forecasting, fraud identification or more efficient reconciliation. The rise in Big Data, for instance, has encouraged the exploration of new ways to make use of digital payments data.

B2B 58

B2B Cash Flow Forecasting Auditing Reconciliations 58

PYMNTS

JUNE 29, 2018

. “It is interesting that in a healthy, growing economy, bad debt continues to plague the B2B markets,” said David Huey, president and regional director of U.S., Canada and Mexico at Atradius , which has just released new analysis on B2B payment practices across North America. Huey called this statistic “eye opening.”

Invoicing 49

Invoicing B2B Cash Flow Forecasting Profit and Loss 49

PYMNTS

FEBRUARY 9, 2018

Instead, VCs leaned conservatively toward a mix of B2B FinTechs operating in the financial management space for small businesses (SMBs) and in the treasury management market for mid-level and larger enterprises. It seems VC has cooled off a bit in the B2B FinTech front. All in all, investments totaled more than $178.6

B2B 40

B2B Cash Flow Forecasting Treasury Startups 40

PYMNTS

NOVEMBER 13, 2018

” It may be no surprise, then, that a lack of adequate cash flow forecasting and management solutions may be contributing to small businesses’ negative perception of their banks. So, even when they receive an instant payment, as soon as it’s received, it’s already historical data.” In the U.S.,

Cash Flow Forecasting 73

Cash Flow Forecasting Accounting Banking Forecasting 73

PYMNTS

JULY 10, 2019

Mastercard is launching a new service designed to make it easier for B2B vendors to accept virtual cards. Mastercard is collaborating with invoice-to-cash and accounts receivable technology firm VersaPay to deliver the solution, the companies noted. “As

Cash Flow Forecasting 62

Cash Flow Forecasting Reconciliations Invoicing B2B 62

PYMNTS

MAY 11, 2017

With FinTech innovators finally starting to give B2B solutions the attention they have longed for, there are now troves of platforms companies can access, from expense management to cash flow forecasting to supplier management. AvidXchange and Vroozi are only the latest B2B FinTech companies to collaborate.

B2B 42

B2B Cash Flow Forecasting Accounts Payable Invoicing 42

PYMNTS

AUGUST 4, 2020

Data analytics to support more accurate cash flow forecasting presents a significant value proposition for financiers, he explained, adding that for J.P. Morgan, exploring bespoke portfolio financing solutions to help both buy- and sell-side corporates unlock liquidity will be key.

Finance 124

Finance Cash Flow Forecasting Accounts Payable Economics 124

PYMNTS

APRIL 14, 2020

However, those data attributes are critical when it comes to automatically reconciling incoming and outgoing payments, and for supporting cash flow forecasting. Throw in today’s world where many people and departments work remotely, and simply having access to quality data when you need it can be a challenge.

Cash Flow Forecasting 92

Cash Flow Forecasting Treasury Foreign Exchange Benchmarking 92

PYMNTS

AUGUST 30, 2019

based B2B startups took control of the funding reins this week, with five of the seven newly-funded technology firms based stateside. PYMNTS breaks down the latest B2B startup investment rounds below. Reports noted that so far, Tesorio has processed $56 billion in payments and 10 million invoices, using that data to forecast cash flow.

B2B 40

B2B Cash Flow Forecasting Accounts Payable Startups 40

PYMNTS

JUNE 13, 2019

As much as 80 percent of firms still rely on paper checks when it comes to making business-to-business (B2B) payments. There are also providers that offer techniques to help with cash-flow forecasting for treasury departments. After all, faster payments impact cash flow, too. Why B2B Lags.

B2C 66

B2C Cash Flow Forecasting B2B Accounts Payable 66

PYMNTS

APRIL 9, 2019

TSU was launched by SWIFT in 2007 to promote the digitization of trade and supply chain processes, including liquidity management, cash flow forecasting and trade finance programs.

Cash Flow Forecasting 73

Cash Flow Forecasting Transportation Invoicing Forecasting 73

PYMNTS

OCTOBER 30, 2020

Leybaert noted that, looking ahead, the company will be exploring cash flow forecasting capabilities that make use of the purchase order, invoice and payment data already at the company's disposal. The opportunities that can be found within procurement document data are vast, and Unifiedpost is looking to take advantage.

Invoicing 110

Invoicing Cash Flow Forecasting Reconciliations Forecasting 110

PYMNTS

JULY 30, 2020

While cash flow forecasting is key to any business, SMBs in particular, which have been hit especially hard from the current market climate, must be able to think on their feet. ” Finding The Right Path.

Forecasting 78

Forecasting Economics Cash Flow Forecasting Accounts Payable 78

PYMNTS

OCTOBER 16, 2019

Cash flow forecasting FinTech Cashforce has announced a $5.5 Cashforce provides cash flow forecasting and working capital analytics technologies to support data integration for treasury and finance professionals. million Series A funding round on Tuesday (Oct. ”

Cash Flow Forecasting 47

Cash Flow Forecasting Treasury Forecasting Investments 47

PYMNTS

SEPTEMBER 23, 2020

Auditoria CEO and Co-Founder Rohit Gupta said basic automation had long been used for corporate finance, "hyperautomation and the combined automation of task execution, algorithmic analytical forecasting and automated interactive responses has yet to be fully embraced by CFOs," according to the release.

Corporate Finance 70

Corporate Finance Finance Cash Flow Forecasting Vendor Management 70

PYMNTS

JANUARY 13, 2021

Indeed, the entire practice of annual or periodic forecasting is now falling by the wayside as CFOs seek more effective ways to navigate pandemic-fueled uncertainty. As he told PYMNTS in a recent interview, new cash flow forecasting strategies that surface today are likely to stick around for the foreseeable future.

Forecasting 56

Forecasting Cash Flow Forecasting Financial Data Finance 56

PYMNTS

SEPTEMBER 27, 2017

The executive added that he feels it is unlikely the B2B late payments culture of the U.K. Labour Leader Jeremy Corbyn took a loud stance on the issue in the B2B payments space, saying he would “declare war” on large corporates that pay their small suppliers late. will change anytime soon, despite innovations like eInvoicing.

Cash Flow Forecasting 40

Cash Flow Forecasting Invoicing B2B Forecasting 40

PYMNTS

SEPTEMBER 3, 2020

Last October, Hitachi Capital Business Finance unveiled the rollout of its Smart Funding payment offering, which was to let SMBs make their own repayment schedule that adheres to their cash flow forecasts in addition to the seasonality of their operations, per news at the time.

Planning 63

Planning Cash Flow Forecasting Finance Forecasting 63

PYMNTS

JANUARY 7, 2021

The acquisition adds to Unifiedpost's offering to access banking data unlocked via open banking, and to analyze that information for cash flow forecasting and other use cases, it said. The companies said they plan to complete the transaction this month.

Mergers and Acquisitions (M&A) 78

Mergers and Acquisitions (M&A) Cash Flow Forecasting Invoicing Nonprofit 78

PYMNTS

FEBRUARY 28, 2020

With more bookkeeping software solutions available on the market, B2B FinTech firms have come to tackle this point of friction for small business owners. . “The business owner says, ‘I just want someone to take care of it for me so I can get back to running my business.'” ” Mixing Humans With Data.

Cash Flow Forecasting 61

Cash Flow Forecasting Accounts Payable B2B Budgeting 61

PYMNTS

AUGUST 27, 2019

The Certified Personal Accountant (CPA) today now has a plethora of FinTech solutions they can use to manage their clients’ money, with the number of digital tools — including cloud accounting portals, cash flow forecasting solutions and intelligent technologies like artificial intelligence (AI) — continuing to rise.

Cash Flow Forecasting 60

Cash Flow Forecasting Accounting Firms Accounting Standards Accounting 60

PYMNTS

JUNE 25, 2020

Digital and automated tools that provide accurate and real-time cash forecasting and visibility into financial standings will be valuable, but as Barker said, cash flow management isn’t simply about understanding where money is in one moment.

Cash Flow Forecasting 60

Cash Flow Forecasting Planning Treasury Forecasting 60

PYMNTS

JANUARY 28, 2020

Cloud accounting platforms may not be focused on future cash flow forecasting, but as Hewitt explained, these solutions offer a valuable starting point for cash flow management. “Cloud accounting providers’ focus is on making sure you pay your taxes, and you have your reporting. The Data Integration Starting Point.

Cash Flow Forecasting 60

Cash Flow Forecasting Forecasting Accounts Payable Accounting 60

PYMNTS

APRIL 8, 2016

Lendified announced last week the acquisition of Mentio, a cash flow forecasting company using data from cloud-based financial systems to analyze and predict the future performance of a business. The Cash Flow Forecasting Legacy. Should they partner with third parties?”

Cash Flow Forecasting 40

Cash Flow Forecasting Forecasting Finance Cash Management 40

PYMNTS

SEPTEMBER 15, 2020

After that time, the SMB can receive an analysis of past, present and future cash flow forecasts. SMBs can harness Kabbage Insights in under 10 minutes to link their financial information to the program.

Cash Flow Forecasting 56

Cash Flow Forecasting Forecasting Finance Numbers 56