Centage

JUNE 28, 2023

When it comes to automation, what’s particularly beneficial is the way technology can automate how financial data flows through models and forecasts, freeing financial teams from the manual labor of attempting to create forecasts via spreadsheets. This can mitigate many of the risks associated with the preparation of forecasts.

Forecasting 98

Forecasting Financial Planning and Analysis (FP&A) Cash Flow Forecasting Finance 98

Global Finance

SEPTEMBER 9, 2024

And while the latest tools of the trade—artificial intelligence (AI) and machine learning (ML)—promise to make tasks such as liquidity forecasting, cash management, and risk management easier, they come with their own complications and tie the treasury team even more closely into management’s strategic planning.

Treasury 82

Treasury Cash Flow Forecasting Forecasting Cash Management 82

Simply Treasury

JUNE 3, 2021

Major priorities over the next one to two years: We are not surprised that Cash-Flow Forecasting comes out on top when the COVID crisis has been hitting us for the past year. The digitalization of the treasury function, itself part of the modernization of the finance function, was ranked second.

Cash Flow Forecasting 130

Cash Flow Forecasting Treasury Forecasting Foreign Exchange 130

PYMNTS

JANUARY 16, 2020

Open banking and its promise of more elasticity in finance is enabled by application program interfaces (APIs) — lines of code that execute everything from simple peer-to-peer (P2P) transfers to industrial-sized B2B real-time payments. As the industry marks two years since open banking’s U.K.

B2B 53

B2B Finance Banking Cash Management 53

PYMNTS

DECEMBER 13, 2018

As the corporate treasurer takes on a more strategic role in the enterprise, treasury and cash management technologies can often be stuck in the past, failing to keep up with financial execs’ needs. Despite the data challenge, pressures on CFOs and treasurers continue to mount.

Treasury 62

Treasury Banking Cash Management Accounts Payable 62

PYMNTS

FEBRUARY 22, 2017

Basel III is a set of voluntary rules that impact banks’ risk management and capital requirements, among other things, and could lead to corporate challenges in accessing bank financing. Virtual accounts, he said, “have proved valuable in helping our clients take a more holistic approach to cash management.”

Accounting 54

Accounting Banking Cash Management Compliance 54

Future CFO

FEBRUARY 25, 2024

Because of this, 90% of finance leaders surveyed look into reducing or pausing spending across areas ranging from marketing to people development, despite some of these areas being long-term priorities. CFOs see the need to modernise finance operations to reduce manual effort and enable employees to focus on more value-added activities.

CFO 52

CFO SAP Finance Cash Management 52

PYMNTS

MAY 31, 2017

Wave’s approach to enhancing SMBs’ handle on cash management is a bit different. This unified platform keeps all of the data across these metrics in a single place, making it easier part time accountant or bookkeeper come tax time, Sand bringing cash flow predictability much closer to the small business.

Cash Management 51

Cash Management Invoicing Accounts Payable Financial Data 51

CFO Leadership

JANUARY 25, 2024

We heard from numerous finance leaders and experts at SuiteWorld 2023, NetSuite’s annual user conference, and they were brimming with fresh and challenging ideas that can help companies right now. A foundation of effective prognostication lies in strong cash management. Some ideas are super practical, some are more big picture.

CFO 52

CFO Invoicing Cash Management Forecasting 52

PYMNTS

NOVEMBER 4, 2016

But as finance and payments tech expands, these traditional FIs are learning that perhaps the best way to meet the demands of their corporate clients isn’t to compete with FinTech innovators but to collaborate with them. . But this use case can easily be applied to other industries, too. ”

Treasury 79

Treasury B2B Leverage Reconciliations 79

PYMNTS

DECEMBER 26, 2018

But the open banking wave also introduced a number of new challenges for the financial services industry: namely, awareness of regulations, willingness for corporate customers to share their data, and novel hurdles in management and protection of the data that moves. Finserv Embraces The API. “I

B2B 70

B2B Treasury Banking Startups 70

CFO Leadership

MARCH 31, 2022

They struggle to keep an overview on their cash and risk positions. A professional cash management solution can help to overcome these challenges. In the dark about global cash? Using simple tools, such as spreadsheets , or disparate solutions to manage complex operations leads to inefficiencies and errors.

Treasury 52

Treasury Cash Management Currencies Reconciliations 52

CFO Leadership

JANUARY 8, 2024

We heard from numerous finance leaders and experts at SuiteWorld 2023, NetSuite’s annual user conference, and they were brimming with fresh and challenging ideas that can help companies right now. A foundation of effective prognostication lies in strong cash management. Some ideas are super practical, some are more big picture.

CFO 52

CFO Invoicing Cash Management Leadership 52

PYMNTS

JANUARY 21, 2020

While Open Banking initiatives and data integrations between banks and FinTech firms have begun to target corporate and small business (SMB) end users, new research out of the U.K. has warned that small businesses are largely shunning the opportunity to unlock their financial data. “The financial crash casts a long shadow.

Banking 60

Banking Treasury Financial Data Cash Management 60

Spreadym

APRIL 27, 2023

Financial analysis and planning (or FA&P) software is a type of business software that helps companies manage their finances and operational activity by analyzing financial data and providing tools to plan, forecast and make budgets for efficient business growth. Visit the link to learn more about it.

Financial Analysis 52

Financial Analysis Tax Planning Budgeting Forecasting 52

PYMNTS

NOVEMBER 29, 2018

Payments, finance and cash management were also chosen as areas that both large firms and SMBs said could be improved as a result of their banks’ Open Banking efforts. SMBs about their attitudes surrounding Open Banking and, specifically, its reliance on data sharing between banks and third parties.

Banking 56

Banking Financial Data Investments Cash Management 56

PYMNTS

OCTOBER 16, 2017

Part of that trend, researchers said in the report, is the effort among financial executives to establish a “single source of truth” for their companies — a streamlined, consolidated source of up-to-date financial data. This quarter’s report validates that CFOs are embracing cloud technology for their financial data.”.

Financial Data 46

Financial Data CFO Technology Finance 46

PYMNTS

JANUARY 14, 2020

Businesses tap myriad digital solutions and contract with numerous companies to keep their operations’ finances running smoothly. Today’s financial institutions (FIs) no longer need to worry about solely addressing all their clients’ financial-related needs, however. Leveraging APIs For a More Convenient Workflow.

Cash Management 52

Cash Management Invoicing Accounting Leverage 52

PYMNTS

JANUARY 26, 2017

Cross-border payments, trade finance, smart contracts — blockchain has the potential to disrupt B2B processes, but FinTech players are only beginning to take these concepts onto a real-world stage. For one firm, Finlync , the key to unlocking the potential of blockchain in B2B processes is unlocking the underlying data of that activity.

SAP 57

SAP Invoicing Reconciliations B2B 57

PYMNTS

DECEMBER 20, 2018

In an announcement this week, the company said its API-enabled Instant Reporting tool has launched, linking Nordea to third-party solutions that allow corporate users to gain real-time access to financial data across systems. First, payments will be faster and often real-time.

Banking 57

Banking Cash Management Financial Data Financial Reporting 57

PYMNTS

SEPTEMBER 9, 2016

Last year, the company revealed a partnership with Credibly to facilitate financing to its SME users. 8), JetPay revealed its latest move to help businesses with their cash management via data analytics. On Thursday (Sept.

Data Analysis 40

Data Analysis B2B Cash Management Financial Data 40

PYMNTS

JANUARY 29, 2020

Another major hurdle unique to the purchase-to-pay space is the process’s deep touch points with an array of other back-office functions within the enterprise, including vendor management, product sourcing, accounts payable, accounting, inventory management, contract management, manufacturing and distribution, and more.

Banking 52

Banking Accounts Payable Vendor Management Reconciliations 52

PYMNTS

JULY 24, 2017

Here’s all the financial data you need to know from some of the largest B2B finance and tech businesses. The cloud treasury and finance management solution provider released its 1H 2017 results last week, highlighting what Kyriba said was record sales growth at 43 percent for the half. billion.

B2B 46

B2B SAP Profit and Loss Forecasting 46

The Finance Weekly

DECEMBER 30, 2021

Business intelligence, data security, and and has proved particularly effective for finance departments, given the recent powerful innovations in finance technologies. Consider how data analytics and visualization tools are becoming more powerful and easy to use. Business Stabilization.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Technology CFO Leverage 52

Future CFO

FEBRUARY 10, 2021

The pandemic has put chief financial officers in the spotlight. No longer just finance stewards, they have taken on more proactive roles in steering the company forward. This has led to new calls for financial transparency, faster data sharing, and having the ability to create new models and explore multiple scenarios quickly.

CFO 52

CFO Finance Auditing Treasury 52

PYMNTS

AUGUST 9, 2019

With notoriously tight margins, continued reliance on cash and paper and products that are easily perishable or damaged, restaurants face a slew of hurdles in managing cash flow and gaining visibility into their current cash positions. We also have some vendors who, their primary business is not payments. “We

Accounts Payable 43

Accounts Payable Invoicing Reconciliations Finance 43

PYMNTS

JUNE 22, 2016

In B2B payments, accounts payable automation is a hot topic, as are the challenges AP professionals face when it comes to paying suppliers and managing the data from those transactions. But a new report from Corcentric , written by the Institute of Finance & Management (IOFM), details the hurdles on the other side of the payment.

Accounting 42

Accounting Invoicing Reconciliations Accounts Payable 42

PYMNTS

APRIL 8, 2016

Lately, companies have been discussing the role of banks in this pairing-up of old and new; financial institutions provide their capital and consumer base, while alternative FinTech players provide the innovative technology and the underlying infrastructure to connect small businesses with loans. Good Data, Bad Data.

Cash Flow Forecasting 40

Cash Flow Forecasting Forecasting Finance Cash Management 40

Bramasol

DECEMBER 13, 2021

From Bramasol's perspective as a leading SAP partner creating business management, finance, and compliance solutions for over 25 years, here are five major areas that we are watching closely and helping our clients prepare to deal with in the coming year - and beyond.

SAP 52

SAP Compliance Profit and Loss IFRS 52

PYMNTS

OCTOBER 24, 2019

File formats vary from bank to bank, requiring data to be transformed, or converted, for successful transaction processing, which can lead to significant lag time.”. Tripping Up Cash Management. At the heart of this point of friction, of course, is data.

Treasury 40

Treasury Mergers and Acquisitions (M&A) Banking Forecasting 40

CFO News Room

DECEMBER 26, 2022

Another immediate way that advisors can help ease the impact of inflation for clients is to create a cash management strategy (i.e., Furthermore, technological tools are emerging that can help reduce some of the time and resource burden on firm owners to track and analyze their financial data.

Planning 130

Planning Benchmarking Profit and Loss Communication 130

PYMNTS

NOVEMBER 24, 2020

Together, the companies are helping banks across the region access small business data and facilitate data integrations with FinTechs, with a focus on enhanced small business loan underwriting. Meridian Taps Thinking Capital For SMB Finance. CoCoNet To Power B2B Payments Offering For Raiffeisen.

Banking 60

Banking B2B Financial Data Cash Management 60