PYMNTS

JANUARY 19, 2017

Corporate payments company Optal struck a new partnership to streamline B2B payments in the construction sector. 18) said Optal is collaborating with Open ECX , a digital transaction platform for the construction industry, via its WebContractor tool. General Manager Andy Downes said construction is a critical component of the U.K.

Construction 43

Construction B2B Reconciliations Invoicing 43

PYMNTS

OCTOBER 5, 2020

Comdata, she said, has mimicked the flow from claims to invoice to payment to reconciliation. The rules you're going to do for a healthcare company from a fraud and security perspective are very different from construction,” she remarked. That’s especially when B2B payments cross borders and currencies, she said.

Healthcare 130

Healthcare B2B Reconciliations Accounts Payable 130

PYMNTS

JANUARY 6, 2020

At the same time, a shift to electronic payments causes more reconciliation challenges, so companies are spending more time reconciling and processing them than they do even for paper payments. If they don’t use automation, companies dedicate more people to the reconciliation challenge — but automation can significantly help.

Reconciliations 52

Reconciliations Invoicing Construction Manufacturing 52

PYMNTS

NOVEMBER 23, 2020

We see much more of a blending of financial services, invoicing and payments from the big players," she said in an interview, noting that even technology giants like Uber and Facebook, which hadn't initially entered the market as FinTechs, are stepping into this field. Take the example of a small construction business, Lapusneanu offered.

Finance 106

Finance Invoicing Cash Management Reconciliations 106

CFO Talks

SEPTEMBER 17, 2024

A construction company with projects in different provinces can have a cloud-based financial reporting system that allows site managers to upload expenses and invoices in real-time, ensuring that headquarters can consolidate project costs without delays. This saves time and ensures higher accuracy in reporting.

Financial Reporting 52

Financial Reporting Auditing IFRS CFO 52

PYMNTS

DECEMBER 11, 2019

Kohli pointed to the added benefits of incoming cash-flow predictions, enhanced invoicing and reconciliation capabilities, and stronger engagement with a vendor’s client community. “My belief has been that a cross-border payment is actually a synthetic construct,” he said. and Turkey. ”

B2B 53

B2B Accounts Payable Invoicing Currencies 53

CFO Thought Leader

OCTOBER 6, 2024

Our humble beginnings evolved through trying to help accountants to close their books through account reconciliations, matching transactions, and managing the tasks of far-flung accounting operations. The thing is, many of these constructs may involve different controllers, different currencies, and different regions of the world.

CFO 52

CFO Leadership Tax Planning Problem Solving 52