Global Finance

OCTOBER 11, 2024

million small-business clients, the bank broadened its suite of payment acceptance offerings, including invoicing and a tap-to-pay option allowing merchants to accept card payments via their mobile devices. Through its prudent lending approach, robust risk management, and geographic diversification, the bank nearly doubled its deposits to 17.36

Banking 105

Banking Foreign Exchange Profit and Loss Finance 105

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. Today, businesses need a more sophisticated view of their cash positions and a broader array of payments and financial services.

Accounting 54

Accounting Banking Cash Management Compliance 54

CFO Simplified

SEPTEMBER 16, 2022

Today, we want to introduce one high-level principle that should be used within any business to manage, direct and control the outflow of cash: The “three-way match ” or “triple match.”. Internal Controls and Risk Management in a Business. One of the more challenging elements of running any business is risk management.

Accounts Payable 52

Accounts Payable Invoicing Risk Management Accounting 52

PYMNTS

SEPTEMBER 30, 2016

Kyriba plans to use the funding to focus on product innovation and to strengthen capabilities around risk management, supply chain and cash management and bank connectivity, it revealed. Bpifrance led the round, while Daher Capital also contributed to the funding, reports said. Software-as-a-Service.

B2B 70

B2B Treasury Startups Cash Management 70

CFO Simplified

MARCH 11, 2024

Client Satisfaction: Law firms rely heavily on client satisfaction for not only repeat business and referrals, but also for collection of invoices that they’ve sent out. And just as important is that assuring the satisfaction of a client is critical to assuring that their invoices are going to be paid.

Profit and Loss 52

Profit and Loss CFO Invoicing Risk Management 52

Bramasol

JUNE 25, 2024

For example, the shift toward subscription-based, recuring revenue offerings in the Digital Solutions Economy (DSE) is requiring significant process changes in order to unify billing, invoicing, delivery, collections, etc. However, treasury functions are not always unified and integrated.

Compliance 56

Compliance Financial Planning and Analysis (FP&A) Accounting SAP 56

Boston Startup CFO

APRIL 3, 2023

This includes reconciling cash and credit card transactions, processing and documenting financial transactions, and inputting the data into your startup’s accounting software. This includes managing invoices, receipts, and payments, as well as reconciling bank statements.

Accounting 52

Accounting Accounting Principles GAAP Startups 52

PYMNTS

MARCH 5, 2018

“The risk for us is if the customer is not happy with the product and wants to return it, but if the supplier has gone bankrupt, we have to accept the return and give the money back,” he explained. Payments are, of course, a huge part of the risk management strategy. Payment Shifts. In the U.S., In the U.S.,

B2B 42

B2B Cash Management Treasury Invoicing 42

Future CFO

JANUARY 21, 2021

Equally important is supply chain financing, which touches on the topics of invoice and reverse factoring. People are looking to see if there are ways for them to leverage their excess cash or the limitations in [acquiring] cash,” added Kim. Another area where Treasury is working closely with IT is in detecting fraud. “I

Treasury 52

Treasury Foreign Exchange Currencies CFO 52

PYMNTS

JULY 10, 2019

Traditional accounts payable suffers multiple points of friction often rooted in that data is stored on paper or stuck in emails, is rarely integrated across multiple back-office systems, and is not easily digitized and analyzed for reconciliation and cash management purposes. Faster Payments.

B2B 62

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