Simply Treasury

JUNE 3, 2021

It also aims at identifying challenges corporate treasurers of MNC’s are facing and technological innovations they intend to implement. 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. Real-time treasury.

Cash Flow Forecasting 130

Cash Flow Forecasting Treasury Forecasting Foreign Exchange 130

PYMNTS

FEBRUARY 1, 2021

Rather, Sinha explained, corporate treasurers and CFOs today are grappling with evolving business models and transforming cash management strategies. This can be especially valuable in the areas of cash application and AR, which Sinha said remains the area in need of the greatest work when it comes to digitization.

B2B 94

B2B Treasury Accounts Payable Cash Management 94

Future CFO

APRIL 7, 2022

To be fair, there is no lack of new technologies aimed at displacing the beloved spreadsheet. The truth, however, is that modern cloud-based solutions can make the upgrade proposition very attractive cost-wise, and new technologies like AI and ML can dramatically aid usability and productivity,” he continues. Albert Leong.

Finance 98

Finance SAP Cash Management Leadership 98

PYMNTS

JULY 22, 2020

As real-time payment infrastructure grows more sophisticated, technology presents an opportunity for organizations to mitigate the adoption hurdle. When it comes to changes to payment processes, it’s not the technology that’s holding entities back, it’s the friction of adjusting to new ways of working.

Reconciliations 90

Reconciliations B2B Cash Management Technology 90

PYMNTS

OCTOBER 2, 2019

With ongoing shifts in payments, commerce, security and transparency, corporate cash managers have a lot on their plates. The move to instant payments will take time, Kohli said, as FIs and corporates will have to undo and reconfigure previous technology integrations. The Use Case – and B2B. Security is also top of mind.

Cash Management 63

Cash Management Reconciliations Treasury B2C 63

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. Within that ambition, he said, “the only way to create real-time cash management or trading is to allow all parties to see the same pool of validated data.”.

Treasury 75

Treasury Auditing Foreign Exchange Pharmaceutical 75

PYMNTS

FEBRUARY 1, 2021

Centered around breaking down silos, IoT technology not only encourages the digitization of everyday items like kitchen appliances and shipping containers, but also collects data from those products, centralizes that information, and introduces new opportunities for automation and analysis. A Decade Of Disparate Technology.

Finance 82

Finance Invoicing Reconciliations Prioritization 82

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. Deals were made with B2B invoicing and payments firm Viewpost, as well as health care blockchain company Gem and natural language search technology company ClearGraph.

Treasury 79

Treasury B2B Leverage Reconciliations 79

PYMNTS

JANUARY 26, 2017

The company announced earlier this month that it has developed what it claims to be the world’s first technology to integrate blockchain into ERP systems like SAP. Processing corporate payments as peer-to-peer, directly on blockchains, gives for instant settlement and, therefore, real-time reconciliation and accounting,” the company said.

SAP 57

SAP Invoicing Reconciliations B2B 57

PYMNTS

NOVEMBER 17, 2020

“We're excited to collaborate with GHX and to offer their portfolio of healthcare providers Boost’s suite of technology-enabled products and proven supplier enablement strategies designed to maximize commercial card use and acceptance,” said Dean M. Leavitt , founder and CEO of Boost Payment Solutions, in the release.

Healthcare 52

Healthcare Reconciliations Cash Management Technology 52

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? And they need technology. Make global cash visible with a cash management solution. You’re not alone! territories.

Treasury 52

Treasury Cash Management Currencies Reconciliations 52

PYMNTS

MARCH 2, 2020

As innovators drive forward, however, they can sometimes forget who’s really at the user-end of their technologies designed to combat business payments pain: the accountant. In the current fast-moving climate, accountants have struggled with the manual processes involved with managing their business client’s funds,” he told PYMNTS.

Accounting 56

Accounting Reconciliations Profit and Loss B2B 56

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

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

APRIL 3, 2020

Accounts payable (AP) automation technology presents an obvious benefit to companies of all sizes and industries to boost efficiency and strategize vendor payments. According to Vrishaketu, this is a common occurrence for organizations struggling to automate. ” From Onboarding to Compliance. . ” From Onboarding to Compliance.

Accounts Payable 52

Accounts Payable Reconciliations Compliance Invoicing 52

PYMNTS

APRIL 12, 2016

Making sure the books add up properly is key to keeping their legal nonprofit status, and that means cash management is paramount. The nonprofit industry has a lot to gain from this payment technology, claims a new whitepaper from vendor management consulting firm Vendor Centric.

Nonprofit 40

Nonprofit Accounts Payable Reconciliations Cash Management 40

PYMNTS

DECEMBER 30, 2016

Richard Gilbert, Director, SME Partnerships & Business Development, North America , Payoneer : “First, advanced technology and new functionalities in B2B payments will turn directory marketplaces into transactional marketplaces.”. Find out what they had to say below.

B2B 50

B2B Reconciliations eCommerce Banking 50

PYMNTS

AUGUST 5, 2019

B2B payments startup ePayRails has announced new funding to focus on further technological development of its Payment Hub. million in Series A funding led by Aspire Fund Management, which provided $2 million. In a press release Friday (Aug. 2), ePayRails said it secured $2.45

B2B 40

B2B Startups Securities Accounts Payable 40

Bramasol

JUNE 25, 2024

The role of enterprise level CFOs has changed radically over the past decade with both a widening scope of influence and greater responsibilities for helping guide corporate transformation programs and technology choices. Sweeping changes in the enterprise technology landscape have also been a key driver in expanding the role of CFOs.

Compliance 56

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

PYMNTS

AUGUST 6, 2018

Two accounts receivable companies, REPAY Realtime Electronic Payments and InterProse, are integrating their perspective technologies to enhance accounts receivable (AR) services for joint customers. A press release from Friday (Aug. per document.

Accounting 40

Accounting Reconciliations Invoicing Cash Management 40

PYMNTS

DECEMBER 5, 2019

But many of these areas of capital outflow suffer the same points of friction, says Erik Ingvoldstad, chief experience officer and co-founder of Norway-based payments technology firm EedenBull. New regulations, new technologies and new players are forever changing the way consumers and businesses thank about payments,” he said.

Accounts Payable 52

Accounts Payable B2B Problem Solving Nonprofit 52

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

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

PYMNTS

NOVEMBER 22, 2016

” The Asia-Pacific region has also witnessed a migration away from cash, but it’s not just happening among consumers. “These technologies mean tighter processes and increased efficiency.”

B2B 65

B2B B2C Vendor Management Reconciliations 65

PYMNTS

SEPTEMBER 17, 2019

Operating as a funding agent will broaden community banking participation in RTP, Bankers’ Bank said, adding that it will also build a 24/7 liquidity management solution for RTP transactions within its cash management suite of services. FinTechs Move Money To Vendors Faster. Marie Aloisi in a statement.

Accounts Payable 43

Accounts Payable B2B Accounting Invoicing 43

BlueLight

JULY 16, 2020

My first startup was an equity research firm focused on operational data; we were early adopters of cloud technology and used software to automate systems to pull unstructured data and scrubbing it into a usable structured format. Unfortunately, that journey came to an end because of The Great Recession.

Startups 52

Startups CFO Reconciliations General Ledger 52

PYMNTS

AUGUST 9, 2019

That’s what makes the marrying of front-office finances with back-office finances so valuable for this space, according to Teri Wilson, general manager at restaurant accounts payable technology firm Sourcery. The terms of the deal weren’t released.

Accounts Payable 43

Accounts Payable Invoicing Reconciliations Finance 43

PYMNTS

JANUARY 22, 2019

Accounting, consultancy and technology firm Crowe is rolling out a new solution designed for hospitals to automate daily bank reconciliation processes and manage cash flow, the company said in a recent announcement. Hospitals can often struggle to manually reconcile cash flow coming from multiple sources.

Cash Management 73

Cash Management General Ledger Reconciliations Healthcare 73

Global Finance

JULY 26, 2024

BofA invests heavily in technology, offering online banking platforms, mobile applications, and application programming interfaces (APIs), for seamless cash management and integration with corporate treasury systems. Citi is a double winner, as Best Bank for Cash Management and for Best Corporate Cross-Border Payments Solution.

Cash Management 52

Cash Management Treasury Restructuring Reconciliations 52

PYMNTS

DECEMBER 2, 2020

Sage Teams With Satago To Help SMBs Manage Cash Flow. Sage has unveiled a new partnership with Satago , a cash management and finance program for small firms and accounting professionals, according to an announcement. Amazon Expands Call Center Business Technology With Voice Recognition.

Cash Management 57

Cash Management B2B Foreign Exchange Banking 57

PYMNTS

JUNE 9, 2017

In payments and FinTech, it’s often the startup’s job to disrupt an industry with many legacy businesses, outdated technologies and processes. Artificial intelligence and machine learning are two technologies that could help combat fraud in accounting and accounts payable, she said, but they have yet to really be deployed by the industry.

Accounting 43

Accounting Technology Accounts Payable Invoicing 43

Global Finance

JULY 24, 2024

Africa— Rand Merchant Bank On the African continent, Rand Merchant Bank (RMB) strives to exceed the expectations of its clients by combining high levels of service with an exceptional technological platform to deliver effective sub-custody solutions covering all elements of trade transactions, as well as reporting and analytics.

Banking 52

Banking Foreign Exchange Risk Management Leverage 52

Global Finance

JULY 24, 2024

Africa— Rand Merchant Bank On the African continent, Rand Merchant Bank (RMB) strives to exceed the expectations of its clients by combining high levels of service with an exceptional technological platform to deliver effective sub-custody solutions covering all elements of trade transactions, as well as reporting and analytics.

Banking 52

Banking Foreign Exchange Risk Management Leverage 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. Bank-FinTech Collaboration.

B2B 62

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

PYMNTS

OCTOBER 19, 2016

Cash flow forecasting technology was once only for the massive enterprise, with resources aplenty to invest in such tools and the internal expertise to understand the complexity of it all. But cash forecasting is democratizing to smaller companies thanks to incoming technology, said TreasuryXpress CEO Anis Rahal.

Forecasting 77

Forecasting Cash Flow Forecasting Reconciliations Invoicing 77