PYMNTS

AUGUST 3, 2020

Real-time settlement negates the need for batch settlement, which has been the norm in corporate treasury departments and within financial institutions (FIs) for decades. “If you can make money programmable, then you can build that money into applications that optimize your processes in corporate treasury.”

Treasury 117

Treasury Currencies Invoicing Cash Management 117

PYMNTS

FEBRUARY 1, 2021

If at that time, someone would have asked Citi Managing Director and Global Head of Domestic Payments and Receivables Anupam Sinha how long it would take for corporate treasury organizations to fully embrace digital , he said his answer would likely have been something along the lines of, “Don’t hold your breath.”.

B2B 94

B2B Treasury Accounts Payable Cash Management 94

Future CFO

MARCH 10, 2025

At FutureCFO , we will likely see finance practitioners dabble in emerging technologies to enhance real-time decision-making, optimise invoice-to-cash and source-to-pay workflows, and allow CFOs to prioritise strategic initiatives over routine tasks.

Finance 52

Finance Invoicing Compliance Leverage 52

PYMNTS

APRIL 29, 2016

In an announcement on Wednesday (April 27), APEX Analytix revealed a four-step cash management strategy to combine data analytics and supplier management tools. Accounts payable and procurement are partnering with treasury to look at cash management more holistically,” the executive said.

Cash Management 40

Cash Management Accounts Payable Treasury Invoicing 40

PYMNTS

MAY 16, 2016

Between treasury management, accounting, invoicing, cash management and all the other money tools corporates have access to today, it’s a wonder CFOs can keep their heads on straight. It’s changed the game, not only for corporate clients but for the FinTech players developing and offering these treasury solutions.

Treasury 41

Treasury Cash Management Accounts Payable Banking 41

PYMNTS

DECEMBER 30, 2020

As treasury management becomes increasingly digital, a bank’s corporate banking clients face challenges when it comes to modernizing treasury workflows. The vast majority of treasury organizations want simple, tech-driven solutions that don’t require them to go out and make use of new products. Many-To-Many Markets .

Banking 97

Banking Accounts Payable Treasury Reconciliations 97

Future CFO

JANUARY 21, 2021

As liquidity became a significant concern for organizations, the Treasury Department was asked to monitor inflows and outflows more closely. Co-hosed by Kyriba, the lively discussion highlighted a general shift toward the digital Treasury. One immediate challenge that the Treasury department faced was foreign exchange (FX) exposure.

Treasury 52

Treasury Foreign Exchange Currencies CFO 52

Future CFO

JANUARY 30, 2021

However, as many will quickly learn, large enterprises often practice payment terms that can leave businesses hanging on to invoices they can’t really use to pay salaries or suppliers. Click here for a history of invoicing finance, including factoring and trade finance. Why a CFO should care about invoice factoring. What to do?

Invoicing 52

Invoicing CFO Treasury Finance 52

Global Finance

JUNE 6, 2024

FAB also launched a sustainability-linked current account for businesses to support clients in achieving environmental, social and governance objectives by contributing to sustainable developments, integrated into their everyday cash management and a sustainability-linked supply chain finance offering.

Construction 109

Construction Compliance Cash Management Treasury 109

PYMNTS

FEBRUARY 1, 2021

Smooth accounts payable and receivable processes depend on the ability to easily access, manage and interpret payments data, but complex workflows and old-school tools can get in the way. That information is then easy to process for generating insights and informing cash management decisions. .

Accounts Payable 93

Accounts Payable Reconciliations Invoicing Treasury 93

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. Some may lack the appropriate treasury management solutions or may not know how to maximize liquidity process efficiency.”

Banking 111

Banking Foreign Exchange Profit and Loss Finance 111

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

Reval

JUNE 13, 2017

Hong Kong – 14 June 2017 – Kerry Logistics, a leading logistics provider based in Hong Kong, was awarded Best Liquidity Management Strategy for 2016, using Reval, the leading global software-as-a-service solution for treasury and risk management.

Foreign Exchange 52

Foreign Exchange Treasury Cash Management Invoicing 52

PYMNTS

SEPTEMBER 30, 2016

And that goes for the industries covered, too, with treasury management’s Kyriba, blockchain’s BlockApps and enterprise security’s Druva landing on the board, to name a few. Treasury Management. In all, nearly $200 million went to B2B startups this week. Software-as-a-Service.

B2B 70

B2B Treasury Startups Cash Management 70

Future CFO

MARCH 14, 2022

By implementing Esker’s Procure-to-Pay suite and Esker’s Accounts Receivable solution ( Invoice Delivery , Collections Management and Cash Application solutions ), the company has gained full visibility and clarity over payables and receivables. When it comes to paying the invoices, are they paying the smaller amount first?

Invoicing 97

Invoicing Accounting Finance Banking 97

PYMNTS

OCTOBER 2, 2019

With ongoing shifts in payments, commerce, security and transparency, corporate cash managers have a lot on their plates. The question for any number of treasury professionals is what lies ahead? Financial institutions and treasury operations would do well to get ready for it all, sooner rather than later.

Cash Management 63

Cash Management Reconciliations Treasury B2C 63

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

JANUARY 26, 2017

The solution is called Finlync SAP-DL Integrator , and the idea, said Finlync in an interview with PYMNTS, is that the ERP system is the central home to critical data like purchase orders and invoices, business partner payment information and the like. That speed is something which, simply, is not possible today.” However, this is changing.

SAP 57

SAP Invoicing Reconciliations B2B 57

Future CFO

JULY 16, 2020

Every year about 550 billion invoices are generated and processed, mostly manually, and the cost to business is staggering. and $10 per invoice. An Aberdeen Group study found that invoice processing costs range from $5-$25 per invoice. Bottomline – processing invoices costs money. Click here to download this eBook.

Invoicing 40

Invoicing Accounts Payable Accounting Cash Management 40

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. Virtual bank accounts provide a streamlined way to manage treasury, the company added, through a single digital portal.

Treasury 40

Treasury Concentration Cash Management Reconciliations 40

PYMNTS

JANUARY 28, 2021

The complexities of corporate cash management — particularly across borders and currencies — means that a broad range of treasury and CFO functions are getting the high-tech, outsourced treatment. The company is a gateway payment provider that delivers payment processing solutions to businesses.

Banking 60

Banking Treasury Cash Management Invoicing 60

PYMNTS

JANUARY 21, 2020

In an announcement , HSBC revealed the launch of its Treasury APIs for corporate clients across 27 markets. Focusing on integrations with ERP, treasury management and other systems, the APIs allow treasurers to initiate payments from within their existing platforms, with support for real-time payments and single or bulk payments.

Banking 60

Banking Treasury Financial Data Cash Management 60

PYMNTS

APRIL 28, 2016

ZipBooks, which provides small and medium-sized businesses with invoice financing tools and accounting software, is going mobile. The app includes a “Get Paid Now” button, through which SMEs can submit outstanding invoices to get financing. ZipBooks links SMEs with invoice financing at a 0.5

Invoicing 40

Invoicing Treasury B2B Cash Management 40

PYMNTS

DECEMBER 31, 2020

JPMorgan: Real-Time Treasury A Key Driver Of Corporate’s Loyalty. 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.

Healthcare 115

Healthcare B2B Foreign Exchange Treasury 115

PYMNTS

JULY 10, 2019

Lisa Lansdowne-Higgins, vice president of business deposits and treasury solutions at the Royal Bank of Canada (RBC), recently told PYMNTS that these three disruptors have a significant opportunity to shake up accounts payable processes thanks to the impact they have on data. Faster Payments.

B2B 62

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

PYMNTS

JANUARY 16, 2020

The bank announced the rollout of its corporate Treasury APIs, which enable treasurers to initiate, track and complete transactions from directly within their various platforms — rather than having to toggle between those portals and a bank platform. The AP Impact of Late AR. Automation Multitasks With AR, AP.

Accounts Payable 56

Accounts Payable Invoicing Treasury Accounting 56

PYMNTS

OCTOBER 31, 2019

Lockbox services may seem outdated in today’s ecosystem of electronic payments and cloud-based financial management platforms. the ability to not only receive a check payment, but know what invoice that check is for), is a functionality with which many electronic payment solutions today continue to struggle.

Reconciliations 43

Reconciliations Invoicing B2B Treasury 43

PYMNTS

FEBRUARY 6, 2020

The benefits of APIs for instant payments [are] huge,” said Charlotte Hausemer, vice president of innovation and product management for trade and treasury solutions at BNP Paribas. Faster payments allow firms to unlock improved invoicing terms and just-in-time stock management in addition to receiving their funds quickly.

B2B 64

B2B Treasury Banking eCommerce 64

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

Future CFO

APRIL 6, 2022

Citing the company’s Cash Culture Pulse 2022 study, he points out that not only is there a high dissatisfaction rate among businesses towards spreadsheets for cash flow management. Conversely, this number was almost halved (22%) for finance teams that use a dedicated cash and credit management software,” he implied.

Invoicing 98

Invoicing Finance CFO Accounting 98

Future CFO

DECEMBER 6, 2021

Then typically, you have to go back to the corporate treasury for more liquidity. Working closely with technology partner Esker International, the company moved from 85% paper-based invoices to handling 95% electronic invoices today. If there's a dispute on certain invoices, clearly, they are not collectable.

Invoicing 40

Invoicing Cash Management Treasury Finance 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. FinTechs Move Money To Vendors Faster.

Accounts Payable 43

Accounts Payable B2B Accounting Invoicing 43

Strategic Treasurer

MARCH 6, 2023

In the Language of Finance sub-series, we will look into different terms that should be understood in order to communicate effectively with the rest of your treasury team and with others. How does the language of FP&A differ from treasury? Listen in to find out. What is it? How does it work?

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Treasury GAAP 52

PYMNTS

NOVEMBER 15, 2019

But shifting priorities among buyers and suppliers have elevated the opportunity for cards to meet changing cash management needs. Traditionally, the cost and administrative burden of card acceptance has kept the tool from gaining traction in accounts payable. Bending the Card Rails.

B2B 53

B2B Accounts Payable Cash Management Reconciliations 53

Future CFO

MARCH 29, 2021

Automation will give finance leaders deep insight into all their financial transactions which they currently cannot achieve especially where paper-based or email-based invoices as those invoices usually sit in email inboxes or on someone's desks. Recurring pain points in accounts payables. Benefits of automating accounts payables.

Accounts Payable 52

Accounts Payable Accounting SAP Invoicing 52

Future CFO

APRIL 21, 2021

Manual AP invoicing has been outdated and inefficient for years now, so when business across the globe encountered significant disruptions, companies with digital transformation still on their to-do lists felt the impact on their operations far more than those already using automation. Improving supplier management and relations.

Accounts Payable 40

Accounts Payable Accounting Invoicing Treasury 40

PYMNTS

MARCH 5, 2018

In Europe, cards exist, but I would say over 90 percent of invoices are paid by bank transfer,” he said. Wieser said SEPA has not only streamlined B2B transactions across the continent, but has also made them faster, which has actually benefited supply chains and corporates’ cash management strategies. In the U.S.,

B2B 42

B2B Cash Management Treasury Invoicing 42