Remove Compliance Remove Invoicing Remove Vendor Management
article thumbnail

The ePayments Way To Compliance

PYMNTS

Any organization, small or large, private or public, must handle the pressures of compliance. “The risk exposure varies greatly,” the senior manager of fund accounting strategy for Abila told PYMNTS. Sure, a paper check can get money to where it needs to go.

article thumbnail

How generative AI transforms the Indian GST management scene

Future CFO

Error Reduction: The meticulous nature of GST compliance requires meticulous attention to detail, something that humans can struggle with when dealing with extensive data. Generative AI excels in identifying discrepancies between invoices and purchase registers, drastically reducing the likelihood of erroneous claims.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

How Data Guides A New Era For The ERP

PYMNTS

With corporates needing value-added services to address modern financial management requirements, Gillette noted that there are opportunities for the ERP to integrate with the growing number of third-party platforms in place. Efforts to modernize procurement and accounts payable are also opportunities for data integration with the ERP.

article thumbnail

Maximizing Value: The Significance of Spend Management for CFOs of Private Equity Backed Companies

E78 Partners

Mitigation of Financial Risks: Spend management helps CFOs minimize financial risks like overspending, non-compliance, and fraud. Key Strategies for Effective Spend Management Below are proven strategies for CFOs to enhance spend management, complemented by our firsthand experiences of supporting businesses with these approaches.

article thumbnail

The Virtual Card Case For Nonprofits

PYMNTS

Nonprofits can face greater pressure than their for-profit peers when it comes to compliance. Making sure the books add up properly is key to keeping their legal nonprofit status, and that means cash management is paramount. But, according to Vendor Centric, “the benefits of accepting virtual card payments outweigh the costs.”.

article thumbnail

Procurement Is Ground Zero For Cybersecurity Protection

PYMNTS

The second is promoting the Enterprise Security Score to financial institutions — in particular, their procurement teams — to assess and mitigate vendor risk. The banking industry, Clare explained, is pressured to take responsibility for its suppliers’ security as the sector works with regulators and adheres to new compliance measures.