Future CFO

MARCH 10, 2025

Organisations that effectively harness these innovations expect to see marked efficiency improvements, facilitate more rapid adherence to evolving compliance regulations , and remain competitive in a fast-evolving market. This shift allows CFOs to focus on higher-value activities contributing to strategic decision-making.

Finance 52

Finance Invoicing Compliance Leverage 52

PYMNTS

MARCH 18, 2020

There are many benefits to corporates’ digitization initiatives and cloud migrations – yet as today’s global markets are quickly realizing, there is one critical advantage: the ability to quickly adjust to work-from-home recommendations and mandates. Lockbox Data Headaches. Automating Lockbox Data – And Beyond.

Reconciliations 80

Reconciliations Invoicing Communication B2B 80

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

PYMNTS

AUGUST 1, 2019

The guidelines were developed by the Cross-Border Payments and Reporting Plus (CBPR+) working group, SWIFT explained, a working group overseen by the Payments Market Practice Group (PMPG). Widespread adoption of these standards will also allow for streamlined reconciliation and cash management transparency for beneficiaries, it added.

Reconciliations 76

Reconciliations Cash Management Invoicing Banking 76

Simply Treasury

JUNE 3, 2021

Here again, it seems to us that the need to dematerialize, digitize and automate is logical to make companies more resilient and efficient in their financial management. Finally, in this top tier, the management of financial risks, including currency risk, which can be explained by the increased volatility of the markets.

Cash Flow Forecasting 130

Cash Flow Forecasting Treasury Forecasting Foreign Exchange 130

PYMNTS

JULY 10, 2019

Some of the biggest industry trends, including faster payments, open banking and bank-FinTech collaboration, have found their ways into the Canadian market, the B2B payments space is not immune to disruption from these shifts. Faster Payments. Open Banking. Bank-FinTech Collaboration.

B2B 62

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

PYMNTS

OCTOBER 2, 2019

With ongoing shifts in payments, commerce, security and transparency, corporate cash managers have a lot on their plates. The introduction of something market-wide into the world’s largest economy, one that has more than 10,000 banks, is no small undertaking,” Kohli said. Security is also top of mind.

Cash Management 63

Cash Management Reconciliations Treasury B2C 63

Future CFO

APRIL 7, 2022

In one FutureCFO workshop of finance leaders, despite two-thirds using some of the most advanced ERP tools in the market, nearly all concede the use of spreadsheets as part of work. 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.

Finance 98

Finance SAP Cash Management Invoicing 98

PYMNTS

JULY 22, 2020

From a cash flow perspective, the ability to reallocate funds in real time, or to support payment processing that is faster and more affordable than other payment methods like cards, is vital to the financial health of firms amid economic uncertainty. adoption remains muted compared to other markets like the U.K. In the U.S.,

Reconciliations 90

Reconciliations B2B Cash Management Technology 90

PYMNTS

NOVEMBER 7, 2017

Citi’s Treasury and Trade Solutions is bringing its accounts receivable (AR) Payer ID solution to more markets around the globe. The accounts receivable solution enables companies to gain visibility into incoming payments for greater working capital management, Citi explained.

Reconciliations 48

Reconciliations Treasury B2B Cash Management 48

PYMNTS

FEBRUARY 1, 2021

For years, small- to medium-sized businesses ( SMBs ) have been leaping at the opportunity to digitize their back offices thanks to the rise of FinTech and the ability for more agile tools tailored to smaller firms to bring enterprise-grade solutions to the SMB market. The last year alone has seen this trend occur at warp-speed.

Finance 82

Finance Invoicing Reconciliations Prioritization 82

PYMNTS

MARCH 6, 2019

One area where elimination of such processes can be of benefit is treasury management — specifically, reconciliation of transactions and liquidity management. Much of the operations are limited by the time zone/region and cutoff times for various markets,” he said.

Treasury 75

Treasury Auditing Foreign Exchange Pharmaceutical 75

PYMNTS

OCTOBER 17, 2017

17), Visa said it is tackling that issue through a new partnership with accounts receivable (AR) and cash management company Billtrust. In an announcement on Tuesday (Oct. Billtrust has deep expertise in addressing the pain points that suppliers and merchants have within B2B,” said Taira Hall, vice president, U.S.

Reconciliations 47

Reconciliations Accounts Payable B2B Cash Management 47

PYMNTS

APRIL 14, 2020

In an interview with Karen Webster, Sairam Rangachari, global head of Digital Channels and Open Banking, Wholesale Payments at JPMorgan , said treasurers seeking to gain visibility into cash management can find application programming interfaces (APIs) to be a useful (and even critical) tool. Age And Complexity. Looking Ahead.

Cash Flow Forecasting 92

Cash Flow Forecasting Treasury Foreign Exchange Benchmarking 92

PYMNTS

NOVEMBER 4, 2016

In B2B payments, that can mean discontent in the way traditional banks and FIs do business or a need for disruptive technologies to come to market faster than banks can offer. The seed of FinTech innovation often comes from a desire to do things differently. But this use case can easily be applied to other industries, too.

Treasury 79

Treasury B2B Leverage Reconciliations 79

PYMNTS

JANUARY 26, 2017

“Processing corporate payments as peer-to-peer, directly on blockchains, gives for instant settlement and, therefore, real-time reconciliation and accounting,” the company said. Real-time payments and reconciliation, the company added, could be a major boost to corporate cash management efforts, too.

SAP 57

SAP Invoicing Reconciliations B2B 57

PYMNTS

MARCH 27, 2019

Accounts payable (AP) automation company Tipalti is expanding its reach into the market by partnering with three new B2B companies, which will extend Tipalti’s solutions to their own customers. The enhanced integration aims to strengthen control and communication for both ends of the transaction.

B2B 46

B2B Accounts Payable Reconciliations Cash Management 46

CFO Leadership

MARCH 31, 2022

Five steps to improve global cash visibility. Global operations make it more challenging for small treasury teams in mid-market companies to handle day-to-day operations efficiently and securely. They struggle to keep an overview on their cash and risk positions. In the dark about global cash? You’re not alone!

Treasury 52

Treasury Cash Management Currencies Reconciliations 52

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

OCTOBER 22, 2019

The tool offers a suite of global payment solutions allowing businesses to initiate payments locally in 15 markets across the globe. Business clients can also take advantage of automated reconciliation for their accounts held at both Santander and other financial institutions, the bank noted.

Treasury 40

Treasury Reconciliations Cash Management Banking 40

PYMNTS

MARCH 16, 2018

However, in order for accountants to remain relevant in an intensely competitive market, a new paradigm and mindset is needed.”. Australia has one of the most robust small business accounting markets in the world, with industry players like Xero (based in New Zealand) and MYOB leading FinTechs in the market.

Accounting 53

Accounting Accounts Payable Reconciliations Leadership 53

PYMNTS

DECEMBER 30, 2016

Third, B2B payments in developing markets will outpace mature markets.”. The increasing availability of technology has allowed entrepreneurs from all over the world to tap into the global market, aided in particular by marketplaces like Amazon that have lowered the barriers to international expansion.

B2B 50

B2B Reconciliations eCommerce Banking 50

PYMNTS

NOVEMBER 15, 2019

Today, however, a sudden shift in the market has seen corporates thrusting the commercial card into the center of the conversation about how to optimize their supplier payment practices. But shifting priorities among buyers and suppliers have elevated the opportunity for cards to meet changing cash management needs.

B2B 53

B2B Accounts Payable Cash Management Reconciliations 53

PYMNTS

NOVEMBER 22, 2016

.” “This phenomenon, coupled with the innovation of semi-closed wallet schemes linked to bank accounts, has given a major boost to mobile payments in Asia-Pacific,” the executive continued, adding that China, India, Indonesia, Singapore, Hong Kong and Australia are top mobile payment markets. Sound familiar?

B2B 65

B2B B2C Vendor Management Reconciliations 65

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

JANUARY 29, 2020

Michael Cichy, general manager of the Americas at Palette Software , said FIs continue to face barriers when developing products and services that can compete with agile FinTechs. Time to market and cost are the primary challenges banks will face” in developing their own products. Unlocking Data to Unlock Value.

Banking 52

Banking Accounts Payable Vendor Management Reconciliations 52

PYMNTS

NOVEMBER 21, 2017

In Karmic Labs’ latest white paper , “Prepaid Expense Cards: Helping Small Businesses Solve Cash Flow Dilemmas,” researchers surveyed U.S.-based based SMBs to understand how they’re juggling cash management in a market with dozens of payment solutions.

B2B 43

B2B Cash Management Reconciliations Finance 43

PYMNTS

JULY 4, 2016

More than 40 percent of companies surveyed said they operate with more than five cash management banks; a third said they are working with more than 20 banks. According to FIS SVP of Mid-Market Treasury, Payments and Messaging Jerome Albus, along with President of Treasury Software Solutions Andrew Bateman, the U.S.

Treasury 41

Treasury Reconciliations Cash Management Banking 41

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. Cash Flow Management.

Accounting 43

Accounting Technology Accounts Payable Invoicing 43

BlueLight

JULY 16, 2020

from taking care of their day-to-day bookkeeping, data entry, reconciliation, cash management, to building the three financial statements. I live in that middle area, those 2–4 years from when a startup has just started to when it has a firm product-market fit and really takes off. It’s a funny world I live in.

Startups 52

Startups CFO Reconciliations General Ledger 52

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. However, it’s not necessarily the ability to pay suppliers in real-time that has companies enticed.

Accounts Payable 43

Accounts Payable B2B Accounting Invoicing 43

PYMNTS

JULY 31, 2017

Joining in that disruption, Onymy Infocomm recently announced news that it has just launched PayBee , a platform that supports B2B payments for both buyers and suppliers, as well as invoice management and transparency into transactions that, according to the firm, can support enhanced cash management for SMEs.

Invoicing 40

Invoicing B2B Accounts Payable Cash Management 40

Global Finance

JULY 24, 2024

This involves maintaining close contact to promptly resolve trade and operational inquiries and deliver ongoing insight into evolving market dynamics. The bank aligns its systems and protocols with global market practices and Swift standards for automated custody services.

Banking 52

Banking Foreign Exchange Risk Management Leverage 52

Global Finance

JULY 24, 2024

This involves maintaining close contact to promptly resolve trade and operational inquiries and deliver ongoing insight into evolving market dynamics. The bank aligns its systems and protocols with global market practices and Swift standards for automated custody services.

Banking 52

Banking Foreign Exchange Risk Management Leverage 52

PYMNTS

JUNE 7, 2016

That local branch would post funds to Cornell’s Cash Management Office, which then had to be reviewed, eventually approved and notice was sent back to the Bursar’s office and finally posted to the student’s account – a process Baker said could take weeks. dollars and deliver to clients,” Massaro explained.

Planning 42

Planning Education Reconciliations Banking 42

Global Finance

NOVEMBER 29, 2024

Global Finance: Can you discuss your leading role in providing cash management services for public entities? Claudia Kabbe: What sets Belfius apart in the Belgian market are our dedicated relationship managers who provide specialized solutions, such as cash advances.

Cash Management 98

Cash Management Treasury Reconciliations Banking 98

Global Finance

FEBRUARY 4, 2025

To mitigate the impact of tariff wars, businesses must carefully assess their trade risks, diversify their supply chains, and explore alternative markets. Whether its from a banking perspective or otherwisewhen you are with newer counterparties, especially mid-market ones, they need help.

Finance 52

Finance Banking Invoicing Leverage 52