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 97

Treasury Cash Flow Forecasting Forecasting Cash Management 97

Future CFO

APRIL 7, 2022

As a SaaS-based platform, SAP Concur connects expense, travel and vendor invoice spending in one system providing a single way to manage spending from end to end for greater visibility into transactions, improve compliance, and simplify the process for everyone – finance and employees.

Finance 98

Finance SAP Cash Management Invoicing 98

Global Finance

JUNE 6, 2024

Innovation: Digital Transformation Company: Kapital Bank Kapital Bank has been leading the charge in Azerbaijan’s digital transformation, where 50% of its loan sales are now online. This low-risk cash management solution offers risk-adjusted returns in US dollars.

Construction 109

Construction Compliance Cash Management Treasury 109

PYMNTS

JULY 2, 2020

Leavitt , founder and CEO of Boost Payment Solutions , said commercial card programs are now coming to the forefront of AP departments’ priority lists when delaying payments is no longer the most viable, or effective, cash management option. “We’re seeing a lot more of that mentality.”

Economics 104

Economics Accounts Payable B2B Reconciliations 104

Future CFO

APRIL 6, 2022

In the fallout from the pandemic, cash culture has been positioned higher on business leaders’ agendas, as companies look to secure and accelerate cash flow generation and establish a 360° vision on the whole Order-to-Cash cycle. Philippe Gangneux.

Invoicing 98

Invoicing Finance CFO Accounting 98

PYMNTS

JANUARY 15, 2019

According to Factris, DEBIFO currently holds 35 percent of Lithuania’s alternative finance market with its invoice financing solution, targeted at small and medium-sized businesses (SMBs). Last March, invoice financing company Invox Finance took a different route for growth, launching its token sale in Australia.

Marketing 51

Marketing Invoicing Finance Cash Management 51

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. As a result, the percentage of digital sales grew to 56%, up 8% from the previous year. Throughout 2023, JPMorgan Chase raised $2.3

Banking 111

Banking Foreign Exchange Profit and Loss Finance 111

PYMNTS

SEPTEMBER 17, 2020

The bank says customers will be able to utilize "increased liquidity, improved visibility into cash flows, and greater control as the need to transfer funds to third party accounts is removed.". Morgan Head of FIG Sales Europe Jon Lloyd said the API was quickly becoming a way to move money faster for customers.

Currencies 64

Currencies Accounting Banking Foreign Exchange 64

PYMNTS

MAY 19, 2017

Cash Management. While Telr, based in Singapore and India, provides front-office B2C payment solutions to its business customers, the company has also grown a presence in the back-office, with cash management and logistics solutions linked into its overall offering. secured $10.3 Based in the U.K.,

B2B 61

B2B Investments B2C Cash Management 61

CFO Share

MARCH 15, 2024

But for the typical small business owner with little more than an admin to assist, strong cash flow may feel like a fantasy. But with the right bookkeeping processes, you can boost cash management and breathe a sigh of relief. What is Cash Flow in Bookkeeping? Cash flow, simply put, is your business’s heartbeat.

Invoicing 52

Invoicing Cash Management Compliance Accounting 52

PYMNTS

JULY 5, 2019

Financial Institutions are experiencing significant changes (and potential improvements) when it comes to managing and forecasting cash flow, with new tools and technologies entering the market — with many designed to appeal to small and medium-sized businesses (SMBs). Cash Flow Complications.

Cash Flow Forecasting 71

Cash Flow Forecasting Forecasting Invoicing Cash Management 71

PYMNTS

JULY 16, 2019

Billie, a Germany-based startup offering invoicing and financing solutions for small businesses and corporates, announced about $33.6 Billie operates a platform upon which companies can send invoices to their corporate customers, collect payments and access invoice financing on unpaid bills.

Finance 40

Finance Invoicing B2B Accounts Payable 40

PYMNTS

OCTOBER 11, 2017

million bank customers the ability to access electronic payment tools such as invoicing and cash management features. The bank is working with Bill.com to integrate the latter’s payments solutions into the Chase platform, thus offering an estimated 2.5 Tracking down savings in the post-purchase market.

B2B 71

B2B Cash Management Invoicing Currencies 71

PYMNTS

MAY 31, 2019

Accounts receivable and invoicing company Crowdz announced a $5.5 million Series A investment round, which it plans to use to deploy its Invoice Exchange platform, the company said in a press release. Crowdz is developing a blockchain platform that enables B2B vendors to submit invoices, receive payment and sell invoices for financing.

B2B 57

B2B Accounts Payable Invoicing Valuation 57

CFO Leadership

JANUARY 25, 2024

High-impact areas to automate include invoice processing, the financial close, and internal controls. Perhaps one of the most significant shifts worth noting is the growing number of e-invoicing mandates globally. A foundation of effective prognostication lies in strong cash management.

CFO 52

CFO Invoicing Cash Management Forecasting 52

CFO Leadership

JANUARY 8, 2024

High-impact areas to automate include invoice processing, the financial close, and internal controls. Perhaps one of the most significant shifts worth noting is the growing number of e-invoicing mandates globally. A foundation of effective prognostication lies in strong cash management.

CFO 52

CFO Invoicing Cash Management Leadership 52

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. ” Invoice financing has caught the eye of investors in recent months. . Today, the U.S.

Invoicing 41

Invoicing Forecasting Cash Management Finance 41

PYMNTS

NOVEMBER 16, 2018

For instance, its LaaS platform lets businesses provide invoice or payroll financing to their customers. Fluidly said it plans to add more engineers and data scientists to its team, as well as focus on sales and marketing. Purpose Financial LP led the funding round, reports said.

Accounts Payable 77

Accounts Payable Currencies Foreign Exchange Startups 77

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. In a statement, Bpifrance Large Venture Investment Director Nicolas Herschtel said Kyriba is on its way to becoming a global company.

B2B 70

B2B Treasury Startups Cash Management 70

PYMNTS

JUNE 22, 2016

But a new report from Corcentric , written by the Institute of Finance & Management (IOFM), details the hurdles on the other side of the payment. Accounts receivable processes, like their AP counterparts, are similarly plagued by manual, paper processes, making the cash management effort monumental for suppliers.

Accounting 42

Accounting Invoicing Reconciliations Accounts Payable 42

CFO Share

JULY 8, 2021

In general, your business should use a thirteen week cash flow model if: You have less than 3 months’ cash runway or other liquidity issues. You receive numerous calls from vendors about late invoices. You are unable to predict cash balances with accuracy. How to perform 13 week cash flow forecasting.

Cash Flow Forecasting 59

Cash Flow Forecasting Forecasting Accounts Payable CFO 59

PYMNTS

SEPTEMBER 17, 2018

The handwritten invoice he left with my cushions included his name, his mobile phone number and the payment methods he accepted: cash or check. The invoice amount was less than $500. When I got the invoice, I panicked a little. But all else equal, that’s not what treasurers and cash managers say they value the most today.

Invoicing 78

Invoicing Accounting Banking B2B 78

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. The company, which provides education and resources for suppliers, recently released a new eBook to guide vendors on how to take advantage of Same Day ACH technology.

B2B 54

B2B Invoicing Reconciliations Cash Management 54

PYMNTS

DECEMBER 31, 2020

billion in sales for the month of November alone. From the back-office bean counter to the overseer of cybersecurity and anti-money laundering (AML) compliance, the modern corporate treasury has undergone an extreme makeover in recent years that goes well beyond its historic roots in cash management. According to J.P.

Healthcare 115

Healthcare B2B Foreign Exchange Treasury 115

PYMNTS

AUGUST 9, 2019

The company announced this week that it reached a deal to be acquired by restaurant mobile point-of-sale and payment processing solution provider Lavu. At first glance, the synergies between a point of sale (POS) and accounts payable solution may not appear clear. The terms of the deal weren’t released.

Accounts Payable 43

Accounts Payable Invoicing Reconciliations Finance 43

PYMNTS

AUGUST 25, 2016

ING Wholesale Banking has announced a new solution aimed at corporate treasurers in need of managing cash across borders. Dubbed Virtual Cash Management (VCM), the solution, announced on Wednesday (Aug. The Virtual Cash Management tool is ING’s effort to guide treasurers into this new role, it said.

Treasury 40

Treasury Concentration Cash Management Reconciliations 40

PYMNTS

AUGUST 5, 2019

According to ePayRails CEO Richard Jackman, the company will deploy the funding to buildout its ePayRails Payment Hub, invest in sales and marketing, and bolster its back-office client support offerings. ePayRails is taking a dynamic, long-term approach to addressing specific issues all organizations face with respect to cash management.”

B2B 40

B2B Startups Securities Accounts Payable 40

PYMNTS

NOVEMBER 7, 2019

The solution enables buyers to upload several invoices at once, and can also help users estimate future cash flow through the use of data in various formats. With this program, suppliers may effectively decrease ‘Days Sales Outstanding’ and enjoy additional working capital without leveraging bank credit lines.

Invoicing 40

Invoicing Cash Management Finance Leverage 40

PYMNTS

JUNE 9, 2017

Though that’s critical for a number of reasons – cash management and predictability, accounting and reconciliation, and reducing data-entry errors – combatting fraud may stand to gain the most from more sophisticated accounting data management practices. There are internal threats, too, she said. Shortlist just raised $1.5

Accounting 43

Accounting Technology Accounts Payable Invoicing 43

PYMNTS

DECEMBER 11, 2019

Translating Consumer Cash To Supplier Payment. For legal marijuana dispensaries, a reliance on cash at the point of sale results in a host of frictions and challenges for both consumers and businesses. “It’s sent to the cultivator, or sometimes they pay cash-on-delivery to the delivery driver.”

B2B 52

B2B Invoicing Accounts Payable Compliance 52

PYMNTS

OCTOBER 13, 2017

Order-to-cash is an area of cash flow management that has the potential to significantly enhance a business’s financial performance. ” That business model means companies that would have previously invoiced a customer once a year are now splitting that bill into, for instance, 12 monthly bills.

Financial Data 40

Financial Data Invoicing Cash Management Technology 40

PYMNTS

JULY 31, 2017

Considering SMEs the world over are struggling with adopting electronic payments and invoicing, Indian companies are certainly facing a challenge. Cash, in the form of currency notes on hand, does not really help anyone,” Krishnan recently told PYMNTS. “GST

Invoicing 40

Invoicing B2B Accounts Payable Cash Management 40

PYMNTS

SEPTEMBER 17, 2019

Instead, taking a look at the latest solutions to emerge on the market shows various applications for speed in commercial transactions, from faster deposits for small businesses, to virtual cards enabling faster invoice payments for suppliers. Chase Accelerates SMB Bank Deposits. Marie Aloisi in a statement.

Accounts Payable 43

Accounts Payable B2B Accounting Invoicing 43

PYMNTS

JUNE 7, 2017

BAM Worldwide, a provider of cash management and working capital, e payment solutions to the transportation industry , announced Tuesday (June 6) that it has completed a $10-million investment led by Millstone Capital Partners. The solution provides financing for outstanding invoices, allowing borrowers to decide how much they need.

Investments 40

Investments Transportation Cash Management Invoicing 40

PYMNTS

FEBRUARY 7, 2020

With its close ties to payments and cash management, the AR function can drive revenue growth and cost savings. Stein pointed to processes like electronic invoice presentment, data integrations between AR platforms and corporate customers’ own portals, and self-service functionality.

Corporate Finance 57

Corporate Finance B2C Finance Accounting 57

Bramasol

JUNE 25, 2024

Operational Accounting is concerned primarily with the processes for areas like sales, revenue, treasury, cash flow, margins, KPIs, etc. The portfolio of applications formerly called Billing and Revenue Innovation Management (BRIM) provides a powerful set of applications that can be used as a whole or individually.

Compliance 56

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

PYMNTS

MARCH 8, 2019

A B2B transaction in an industry like construction, where what triggers a payment isn’t a single, simple invoice. Indeed, PwC research says that with an average of 54 days sales outstanding, the U.S. As Mitchell explained, companies in this industry rely on more than a simple purchase order and invoice to initiate a payment.

Construction 50

Construction B2B Invoicing Benchmarking 50