Future CFO

FEBRUARY 13, 2023

Having an experienced succession of crises since the beginning of 2020, FutureCFO asked two finance leaders their views on the challenges facing treasury and cash management during the pandemic and coming out of it. What is the biggest change to the Treasury and Cash Management (TCM) function brought about by the pandemic?

Treasury 98

Treasury Cash Management Restructuring Accounts Payable 98

Nerd's Eye View

JANUARY 27, 2023

By switching to 501(c)(6) nonprofit status, the new CFP Board of Standards will have expanded abilities to advance the planning profession through lobbying and more targeted advertising messages to grow the ranks of CFP professionals.

Nonprofit 98

Nonprofit Practice Management Advertising Cash Management 98

Simply Treasury

AUGUST 3, 2022

It's the key to finally having better cash management, as multinational companies do. Channels of bank communication : Industrialize your payment execution. A “Bank Single Gateway” is no longer a "plus", but a "must" that every fund servicer or fund should have. True bank connectivity. Increasing risks of frauds.

Banking 147

Banking Reconciliations Treasury Securities 147

E78 Partners

MARCH 3, 2025

Enhance Treasury and Risk Management Functions: Prepare for public company treasury operations, including investor relations and cash management. Strategic Finance and FP&A Support Strengthening financial planning, forecasting, and investor communication capabilities.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) GAAP Marketing Compliance 52

PYMNTS

JANUARY 7, 2021

Fides Treasury Services , which works in multibank connectivity and communications, has rolled out new details about its plans to extend its shop for corporate treasury and finance solutions, according to a press release. The new marketplace will be available through the Fides Multibanking Suite web portal, the release stated.

Finance 88

Finance Foreign Exchange Treasury Transportation 88

Global Finance

JUNE 6, 2024

By the end of 2023, the blockchain-based digital bond platform was connected to more than 20 representative financial institutions, including the Industrial and Commercial Bank of China, Bank of China, Bank of Communications and China Merchants Bank. This low-risk cash management solution offers risk-adjusted returns in US dollars.

Construction 109

Construction Compliance Cash Management Treasury 109

CFO Thought Leader

JANUARY 29, 2025

His strategic mindset also focuses on transparency and scalability, ensuring that financial strategies align with operational goals and are clearly communicated across the organization. He sees cultural alignment as key to long-term success, noting that acquisitions can falter without proactive efforts to unite teams around a shared vision.

CFO 52

CFO Accounts Payable Invoicing Reconciliations 52

Navigator SAP

FEBRUARY 17, 2022

Automating and streamlining tasks related to budgeting, cost and cash management, activity-based costing, and other accounting or finance functions also helps ensure compliance with financial regulations. Customer Relationship Management Many ERP platforms contain modules that focus on how the business communicates with customers.

SAP 130

SAP Invoicing Manufacturing Compliance 130

Future CFO

JULY 21, 2021

The way we use technology has completely streamlined the way we live, communicate, and do business across the globe. Therefore, companies must build and create ways to retain business resiliency, particularly on the cash collection cycle. Cash Conversion Cycles. Better value comes with best-of-breed.

Accounts Payable 95

Accounts Payable Finance Communication Accounting 95

PYMNTS

MARCH 26, 2019

While international growth may seem an opportunity too good to pass up for a small business, Laurent Descout, CEO and founder of corporate cash management FinTech Neo , says hard-hitting fees exacerbate the often damaging threat of currency and exchange rate volatility, leading some firms to give up on global aspirations.

Foreign Exchange 69

Foreign Exchange Currencies Cash Management Profit and Loss 69

Future CFO

APRIL 7, 2022

It’s more than just streamlining financial processes and cash management, it’s seeing the bigger picture of how it can generate growth,” says Jenji’s Leong. For his part, Esker’s Leong believes that to encourage adoption, it’s imperative to establish, communicate and implement standard policies across the organisation.

Finance 98

Finance SAP Cash Management Invoicing 98

PYMNTS

MARCH 10, 2020

David Solomon, chief executive officer of Goldman Sachs, has goals of expanding Marcus , its digital bank for consumers, along with Goldman’s credit card division and cash management solution. . Scherr said the bank is not currently looking to do “larger material transactions … in the near term.”. “I The employee has no symptoms.

Cash Management 68

Cash Management Communication Banking Planning 68

PYMNTS

JUNE 19, 2019

The bank is integrating Identitii tokenization technology to launch HSBC DART, a secure digital information exchange offered under its Global Liquidity and Cash Management (GLCM) business. “HSBC’s DART is an industry first,” said Identitii CEO Nick Armstrong in a statement.

Accounting 55

Accounting Communication Cash Management Invoicing 55

PYMNTS

SEPTEMBER 25, 2017

That communication is predominately manual, paper-based and email-based communication.” ” This is beneficial to both banks and corporates, as traditional treasury management systems don’t typically offer capabilities beyond payments and cash management.

Finance 58

Finance Treasury Communication Banking 58

PYMNTS

MARCH 18, 2020

According to Biegel, this automation presents clear opportunities for elevated cash management and forecasting for the organization at large. In the short term, strengthened cash flow management and accelerated order-to-cash cycles are critical to companies that are facing unprecedented uncertainty due to the coronavirus pandemic.

Reconciliations 80

Reconciliations Invoicing Communication B2B 80

PYMNTS

FEBRUARY 1, 2021

Although the purpose of digitization in the finance department is, in many cases, to strengthen cash management, the effect of so many siloed systems can actually be quite different. As Berghald explained, that’s because each critical function — from invoicing to payment to accounting — all occur separately from each other.

Finance 82

Finance Invoicing Reconciliations Prioritization 82

PYMNTS

MAY 8, 2020

Ahn added that over the summer months, Samsung Pay will introduce a tool to help people better manage their financial lives. Samsung introduced its payments tool in 2015 with MST (Magnetic Secure Transmission) technology as well as Near Field Communication (NFC), a newer technology.

Communication 92

Communication Retail Technology Securities 92

PYMNTS

MAY 9, 2019

You’ll improve communications and offer more payment methods, and if you want to keep cash the longest, make sure that the payment execution is the shortest.”. Cash management becomes less art than science.

Accounts Payable 70

Accounts Payable Accounting Finance Cash Management 70

PYMNTS

OCTOBER 1, 2020

Beyond the particulars of check disbursements or ACHs (and the detailed instructions that accompany any payment between buyer and supplier), Disque said automating payments into enterprise resource planning (ERP) or cash management functions (thus eliminating manual touchpoints) are especially beneficial in a remote working environment.

Accounts Payable 77

Accounts Payable Cash Management Construction Invoicing 77

PYMNTS

SEPTEMBER 22, 2016

“When we look at where the market is moving, clients expect to transact globally and to trade globally, to have a cash management account in Hong Kong and an FX trading accounting the U.K. ” Khosla said. ” Speed and regulation rarely go hand-in-hand. “Regulations aren’t going away,” stated Khosla.

Banking 75

Banking Compliance Prioritization Auditing 75

PYMNTS

NOVEMBER 3, 2017

“What used to be the case was the FI has two platforms — a consumer platform and a cash management platform.”. The cash management solution was built for larger enterprises and priced as such, the executive explained. And on the cash management side, it was too much of a product — and cost prohibitive,” said Malhotra.

Banking 43

Banking Cash Management B2C B2B 43

PYMNTS

MARCH 27, 2019

The marketplace is intended to help businesses and developers create communications apps more quickly, and help companies embed services for near-real-time customer communications on their apps and websites. Meanwhile, telecommunications provider AT&T is launching its own API marketplace. Inside HSBC’s PSD2 Developer Portal.

B2B 49

B2B Communication Auditing Securities 49

PYMNTS

MAY 18, 2017

The rise in B2B FinTech has complicated the picture of treasury management, forcing it to rethink its position in the enterprise. The more payment, cash management, cash flow forecasting, ERP and other digital platforms integrated, the more difficult it can be for a company to envision its own financial health across all of this data.

Treasury 40

Treasury Cash Flow Forecasting Risk Management Communication 40

PYMNTS

MARCH 27, 2019

” Meanwhile, Tesorio CEO and Co-founder Carlos Vega said working with Tipalti will combine Tesorio’s accounts receivable (AR) forecasting and cash management with Tipalti’s AP automation for “comprehensive, real-time answers for all AR, AP and cash questions.”

B2B 46

B2B Accounts Payable Reconciliations Cash Management 46

Future CFO

JANUARY 7, 2024

By leveraging advanced analytics and cloud technology, CFOs can drive strategic insights, improve forecasting accuracy, and optimise cash management. With the vast volumes of data available, CFOs are increasingly assuming the role of data stewards.

CFO 52

CFO Risk Management Leverage Strategic Planning 52

PYMNTS

NOVEMBER 16, 2016

Other SME-serving FinTech companies are offering the digital payments and cash management solutions many traditional FIs consider too costly to offer small businesses. It causes businesses to build their own custom interfaces that struggle to communicate with other systems, like accounting platforms. The Small Business Demand.

Banking 75

Banking Invoicing B2B Cash Management 75

Collectiv

JANUARY 2, 2023

Josh recommends focusing on building relationships and improving your communication skills in addition to leveraging your financial expertise. We’ve seen huge technological strides in cash management, accounts receivable, billing, planning, and analysis…the list goes on. New FP&A Technology Options.

Financial Planning and Analysis (FP&A) 59

Financial Planning and Analysis (FP&A) CFO Finance Cash Management 59

PYMNTS

AUGUST 29, 2017

Over the next three years, 64 percent of executives said cash management and forecasting will be critical in the treasury department as they navigate these risks and concerns. Capital allocation, financial risk management, and treasury and payment technologies are also key areas of focus, researchers found.

Treasury 46

Treasury Foreign Exchange Cash Management Risk Management 46

The Charity CFO

JUNE 7, 2023

Stakeholder Communication : Serves as a transparent communication tool for stakeholders, including donors, board members, and grant-making organizations. Operational Uses Cash Management : Aids in cash management by providing insights into the organization’s cash inflows and outflows on a detailed operational level.

Nonprofit 52

Nonprofit Accounts Payable Budgeting Financial Analysis 52

CFO Simplified

JULY 22, 2022

Establish a policy so it’s handled uniformly, then communicate it to everyone. Establish a policy about work environments. Do you allow remote work? Are your employees expected to come into the office on a full-time or hybrid schedule? Revise your employee manual. This is your company’s rulebook.

Cash Flow Forecasting 96

Cash Flow Forecasting Strategic Planning CFO Planning 96

PYMNTS

MARCH 23, 2017

Receivable Savvy, an accounts receivable and order-to-cash management firm, wants suppliers to see Same Day ACH as an opportunity to bolster cash flow. These companies must first communicate with their corporate customers to see whether receiving funds via Same Day ACH is even an option.

B2B 54

B2B Invoicing Reconciliations Cash Management 54

PYMNTS

NOVEMBER 5, 2019

Robinhood is “aware of the isolated situations and communicating directly with customers,” spokesperson Lavinia Chirico said in an email. And just last month, Robinhood relaunched a checking feature called Cash Management after it was previously shelved due to regulatory issues. The feature will enable customers to earn 2.05

Cash Management 40

Cash Management Communication Securities Accounting 40

E78 Partners

NOVEMBER 2, 2023

As soon as possible after starting the role, gain an understanding of the cash position, controls over cash, forecasting of future cash flows, understanding how cash impacts the credit agreement (e.g. excess cash flow provisions, revolver availability, need for deposit control agreements, etc.)

Marketing 52

Marketing CFO Communication Cash Management 52

PYMNTS

MARCH 31, 2017

However, Ed Adshead-Grant, GM of payments and cash management at Bottomline Technologies , noted that this isn’t much of a surprise. According to Adshead-Grant, regular training and communications to instill the necessary behaviors and culture to identify and prevent any ransomware demands from ever materializing are also necessary. “To

Communication 42

Communication Cash Management Currencies Technology 42

PYMNTS

MAY 22, 2019

Inserts, packaging and leaflets can come with near-field communication (NFC) tags and quick-response (QR) codes to allow customers to sign as well as pay using their smartphones for their subscriptions. The solution offers corporate cash management functionality and supports multiple currencies per the report.

Cash Management 43

Cash Management Currencies Communication Startups 43

The Finance Weekly

DECEMBER 5, 2023

Managing vast amounts of data, finance leaders now play a crucial role as data custodians. Through advanced analytics and cloud solutions, CFOs can leverage strategic insights to enhance forecasting, optimize cash management, and reconsider organizational frameworks.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) CFO Prioritization Leadership 52

Future CFO

MARCH 23, 2020

In the past, we felt the pain of not being able to keep track of our people.

Risk Management 52

Risk Management Communication Planning Technology 52