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. Optimizing Payments.

Accounts Payable 123

Accounts Payable Cash Flow Forecasting Invoicing Prioritization 123

PYMNTS

FEBRUARY 8, 2019

A year ago, he said, he would have advised just one year of cash reserves. Adianta focuses on linking small businesses to working capital to finance inventory, and accelerate accounts receivable and payable turnovers, while the company also offers invoicing technology to help accelerate the financing process.

B2B 75

B2B Cash Flow Forecasting Startups Finance 75

PYMNTS

OCTOBER 30, 2020

Digitizing documents is key to optimizing workflows, but when it comes to the procure-to-pay space, not all digital invoices and purchase orders are created equal. XML invoices, which digitize the data on the invoice, are only a fraction of total invoice volume. What It Means to Be Digital.

Invoicing 110

Invoicing Cash Flow Forecasting Reconciliations Forecasting 110

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

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

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

SEPTEMBER 27, 2017

Yet even when a supplier is waiting on an invoice to be paid, that business still has to pay its own bills. If a ‘buyer’ says, ‘Sorry, terms are 45 days, no 30 days,’ especially if they are your major customer, then all the cash flow planning is out the window.”. King noted that about half of invoices in the U.K.

Cash Flow Forecasting 40

Cash Flow Forecasting Invoicing B2B Forecasting 40

PYMNTS

SEPTEMBER 23, 2020

There will also be automated responses to vendor and supplier inquiries about invoice payment status, approval status and short pay issues, the release stated. Intelligent Planning helps boost accurate cash flow predictions, which in turn can bolster sustainable growth through well-placed strategy, the release noted.

Corporate Finance 70

Corporate Finance Finance Cash Flow Forecasting Vendor Management 70

PYMNTS

JANUARY 7, 2021

In its latest FinTech partnership, Lloyds Bank is set to launch a pilot of Satago Financial Solutions ' platform, which facilitates invoice financing. business customers of Lloyds, a six-month trial will see access to invoice financing via the Satago platform. 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

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

MAY 15, 2017

Reports Friday (May 12) said YayPay is integrating cash flow forecasting capabilities for companies that are unsure about their future cash positions considering all of their outstanding invoices. The company will provide its customers with an indication of how likely a business will pay its invoice and when.

Forecasting 40

Forecasting Cash Flow Forecasting Accounting Invoicing 40

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

JUNE 26, 2020

“Small businesses in particular need cash flow forecasting, financial resiliency planning, advice on payment scheduling as well as consulting on applying for available government help. All of these things require reliable data in real time.” ” Supporting an Accounting Shift.

Accounting 52

Accounting Cash Flow Forecasting Invoicing Prioritization 52

PYMNTS

SEPTEMBER 29, 2020

From AP teams managing vendors and chasing payment approvals, to AR professionals tracking down customers that haven't yet paid their invoices, professionals are using valuable time on non-strategic initiatives. Finance teams have mountains of manual tasks to complete every day. AI Steps in to Help.

Cash Flow Forecasting 59

Cash Flow Forecasting Accounts Payable Invoicing Corporate Finance 59

PYMNTS

MAY 1, 2019

Corporate treasury technology company HighRadius is rolling out a new cash flow forecasting solution developed using artificial intelligence (AI) technology. HighRadius said that legacy strategy is “crippling corporate treasurers from making confident short-term and long-term debt and investment decisions.”

Forecasting 40

Forecasting Cash Flow Forecasting Treasury Accounts Payable 40

PYMNTS

OCTOBER 18, 2019

It was a week of (mostly) Series A funding rounds for B2B FinTech firms, as startups secured new funding to tackle various parts of the broader business-to-business (B2B) payment process. In all, nearly $142 million was placed with B2B startups, and PYMNTS breaks down all of the latest rounds below. based Mable has secured $3.1

B2B 40

B2B Cash Flow Forecasting Invoicing Accounts Payable 40

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

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

JANUARY 18, 2019

The middle-market AP automation solution, Invoice-to-Pay, is integrating the Mastercard tool in an effort to promote the use of virtual commercial cards in accounts payable, MineralTree said.

Accounts Payable 55

Accounts Payable Cash Flow Forecasting Invoicing Financial Analysis 55

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. ” One of the biggest barriers to accessing that data is businesses’ continued reliance on paper, from physical invoices to checks. ” Mixing Humans With Data.

Cash Flow Forecasting 61

Cash Flow Forecasting Accounts Payable B2B Budgeting 61

PYMNTS

AUGUST 7, 2018

Formed more than two years ago, Skippr offers an invoice financing solution to small businesses, as well as a cash flow forecasting solution for borrowers. For the next 12 months we are going to deploy around $40 million of invoice financing and get most of the debt facility out the door,” said cofounder Alistair Lamond.

Cash Flow Forecasting 46

Cash Flow Forecasting Invoicing Finance Forecasting 46

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

DECEMBER 12, 2017

The Association for Financial Professionals (AFP) released its 2016 Electronic Payments Survey earlier this year and found that use of paper checks in B2B payments actually rose 1 percent compared to 2013 levels. About 44 percent of payments received are in the form of a paper check too, the report noted.

Accounting 44

Accounting Cash Flow Forecasting B2B Invoicing 44

PYMNTS

NOVEMBER 10, 2020

The first, direct way is through unlocking bank account data to integrate into back-office platforms for real-time views into cash positions and the opportunity to wield that data for cash flow forecasting and other analysis. But opportunities to stretch open banking even further are quickly emerging.

Banking 75

Banking Cash Flow Forecasting Accounting Finance 75

PYMNTS

SEPTEMBER 14, 2017

The company said it focuses on customer satisfaction and relationship management, as well as employee productivity, while enabling more sophisticated cash flow forecasting. To date, the company said it has processed more than 150,000 invoices for its customers since launching in January.

Cash Flow Forecasting 47

Cash Flow Forecasting Marketing Invoicing Forecasting 47

PYMNTS

FEBRUARY 24, 2016

For corporate buyers, that meant stretching out invoice settlement times as long as possible. The director added that the majority of businesses are now prioritizing cash flow and timely payments , leading many companies to actually boycott the clients that do not pay their invoices on time.

Cash Flow Forecasting 40

Cash Flow Forecasting Invoicing Prioritization Forecasting 40

PYMNTS

APRIL 9, 2019

Meanwhile, the trade credit insurance market has progressed along its own separate trajectory of innovation and FinTech disruption, with service providers targeting smaller vendors as potential customers that need to insure their invoices against nonpayment. ”

Finance 63

Finance Cash Flow Forecasting Reconciliations Treasury 63

PYMNTS

MAY 31, 2016

Small business owners were likely hoping to see a boost in sales from tourism and the extra weekend day for shopping, but according to analysis from Hitachi Capital Invoice Finance, summer can be a difficult time for small businesses. ”To help bridge the funding gap, our data shows that SMEs are mow likely to seek cash flow finance.”

Invoicing 41

Invoicing Forecasting Cash Management Finance 41

PYMNTS

MAY 31, 2017

Wave’s approach to enhancing SMBs’ handle on cash management is a bit different. ” That means having information related to working capital options, invoicing, payments, and other cash management and accounting functions part of a single platform. We want these two things living in the same environment.”

Cash Management 51

Cash Management Invoicing Accounts Payable Financial Data 51

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

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

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

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. Plus, those back office platforms aren’t always integrated with each other, either.

B2B 62

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

PYMNTS

MARCH 26, 2018

SWIFT added that enhanced tracking capabilities support faster, automated and accurate reconciliation of payments and invoices, reduce FX risk exposure, and boost cash flow forecasting abilities.

Cash Flow Forecasting 43

Cash Flow Forecasting Reconciliations Invoicing Forecasting 43

PYMNTS

OCTOBER 19, 2016

Cash flow forecasting technology was once only for the massive enterprise, with resources aplenty to invest in such tools and the internal expertise to understand the complexity of it all. But cash forecasting is democratizing to smaller companies thanks to incoming technology, said TreasuryXpress CEO Anis Rahal.

Forecasting 77

Forecasting Cash Flow Forecasting Reconciliations Invoicing 77