CFO Talks

FEBRUARY 13, 2025

Send Invoices Promptly & Follow Up Regularly One of the main reasons businesses experience cash flow problems is the late issuance of invoices. An invoice serves as a formal request for payment, and the sooner it is sent, the sooner the customer can process and settle it.

Credit Risk 52

Credit Risk Invoicing Economics Securities 52

PYMNTS

MAY 13, 2020

Accounts payable (AP) tools that provide quick, detailed oversights of businesses’ financial statuses and payments obligations can help pick up the pace of payments by keeping invoice approval processes on track. Three-Way Invoice Matching Brews Up Better AP Processes. Around The AP Automation World. Find the full story in the Tracker.

Invoicing 79

Invoicing Accounts Payable B2B Budgeting 79

PYMNTS

JULY 8, 2020

Both offerings, American Express said in its announcement , will “help businesses streamline and automate their invoicing and expense management processes.” Employees will be able to pay company invoices using American Express cards from within Concur Invoice.

SAP 68

SAP Invoicing B2B Economics 68

PYMNTS

JUNE 1, 2020

invoice insurance provider Nimbla is teaming up with the credit risk assessment firm Wiserfunding , according to a report in Crowdfund Insider on Friday (May 29). businesses with dynamic invoice insurance,” according to Crunchbase. . Sabato also said that the industry “could be in a better position to offer assistance to the U.K.’s

Invoicing 67

Invoicing Risk Management Credit Risk Economics 67

PYMNTS

JULY 2, 2020

Firms might already be using their cards for corporate travel spend or micropayments, but may rarely use the payment tool to settle supplier invoices. “It’s not only the economics that are being optimized” by accepting cards, Leavitt said. “We’re seeing a lot more of that mentality.” ”

Economics 104

Economics Accounts Payable B2B Reconciliations 104

PYMNTS

MAY 4, 2020

The Optimizing AP and AR Playbook , a collaboration between PYMNTS and OnPay Solutions , found last month that an estimated nine billion paper invoices are processed every year in U.S. For many suppliers, working remotely has driven AR departments to email invoices out to customers, if they hadn’t been doing so already.

Invoicing 66

Invoicing Accounts Payable B2B Reconciliations 66

PYMNTS

OCTOBER 14, 2016

That’s how invoice financing company Aztec Exchange , based in Ireland, found itself spreading into Spain and Latin America. He told PYMNTS about the regulatory and economic climates of Spain and LATAM that promote opportunity for the invoice financing world. Late Payments. Atradius’ research found that 38.4

Invoicing 62

Invoicing Finance Compliance B2B 62

PYMNTS

NOVEMBER 3, 2020

The company has connected its SecurePay payment gateway solution within the accounting platform, allowing for SMBs to generate invoices and receive payment without having to leave QuickBooks. According to Yakov, it can certainly support digitization of B2B payments, with SecurePay able to support both ACH and card transactions. "I

Invoicing 60

Invoicing B2B Accounts Payable eCommerce 60

PYMNTS

MARCH 25, 2019

A new report has revealed that invoice fraud cost U.K. Invoice fraud happens when criminals pose as a regular supplier and make a request for their bank account information to be changed, usually via email. Invoice fraud could happen to businesses of all sizes. Even tech giants can be hit with invoice fraud.

Invoicing 59

Invoicing Economics Finance Accounting 59

Future CFO

SEPTEMBER 3, 2024

Source-to-Pay (S2P) and Procure-to-Pay (P2P) specialist Valtatech is integrating with Microsoft Dynamics 365 and the Pax8 marketplace to drive Malaysia’s ongoing e-invoicing transformation, according to a press release. The post Valtatech integrates with Microsoft to drive Malaysia’s e-invoicing transformation appeared first on FutureCFO.

Invoicing 52

Invoicing Auditing Economics Securities 52

Future CFO

FEBRUARY 2, 2025

This technology drives human-centric transformation, fortifies an organisation's ecosystem position, enhances employee relationships, and builds resilience for future economic shifts." E-invoicing mandate and ESG compliance add further complexity dimensions to the priorities and challenges faced by the Office of the CFO.

Accounts Payable 52

Accounts Payable Accounting Invoicing CFO 52

PYMNTS

OCTOBER 15, 2020

British banking platform Tide announced that it has teamed with GoCardless to roll out a service that will let members accept invoice payments through Direct Debit. This is more important than ever in today's economic climate, and our partnership with Tide will help make this a reality for many more small businesses.”.

Invoicing 56

Invoicing Economics Accounting Banking 56

PYMNTS

AUGUST 14, 2020

The COVID-19 pandemic and its resulting economic downturn have placed new strains on corporate buyers that could persuade them to more quickly replace manual AP processes with digital ones. AP team members who are working from home need to receive invoices easily, monitor upcoming bill due dates and approve or issue payments.

Invoicing 106

Invoicing Economics Budgeting Forecasting 106

PYMNTS

NOVEMBER 5, 2020

Transacting with vendors through paper checks and receiving paper invoices have become more difficult due to postal service disruptions, companies’ shifts to working out of office and financial strains, however. Many companies are working to reduce their expenses as the pandemic and resulting economic downturn cause budget tightening.

Invoicing 64

Invoicing B2B Construction Accounts Payable 64

CFO News

FEBRUARY 17, 2023

The reduced load-on system will allow the GSTN to introduce an invoice-matching concept, resulting in 100 per cent compliance and solving the problem of fake invoices and tax theft. The increased tax collection will adequately compensate for the 7 per cent tax loss, economic think tank GTRI said.

Invoicing 98

Invoicing Compliance Economics 98

PYMNTS

JANUARY 16, 2019

based challenger bank, is expanding its existing partnership with digital payments company PrePay Solutions (PPS) to add corporate accounting and invoicing to its platform. 15), Coconut pointed to sole traders making the shift to become limited companies as a use case that could particularly gain from the new account and invoicing tool.

Invoicing 51

Invoicing Foreign Exchange Accounting Banking 51

E78 Partners

NOVEMBER 18, 2024

Potential pitfalls include: Cash Flow Issues: A sudden leadership change can disrupt the normal flow of operations, leading to delays in invoicing and payment processing. Organizations can ensure economic stability and confidently adapt to changes by spotting risks early and applying appropriate countermeasures.

Leadership 52

Leadership Budgeting Profit and Loss CFO 52

PYMNTS

JULY 2, 2019

The solution, developed by SAMA subsidiary Saudi Payments, enables vendors to issue invoices electronically to government and corporate clients, and receive electronic payments to reduce administrative burdens and costs on both sides.

Invoicing 43

Invoicing Reconciliations B2B Economics 43

PYMNTS

MAY 12, 2020

Paying out invoices to contractors or freelancers can be extremely time consuming for businesses that rely on manual processes. Firms must not only confirm that charges are legitimate and that invoiced work was delivered, but also process them and send out payments. The Late Invoice Ripple Effect. took home fell by 2.9

Invoicing 52

Invoicing Accounts Payable Securities Accounting 52

Future CFO

JANUARY 2, 2024

Chief financial officers in the Asia-Pacific across various sectors such as financial services, life sciences and health care, manufacturing, public sector, TMT, energy and resources, and consumer business are generally optimistic and neutral about the regional economic outlook.

Economics 52

Economics Concentration CFO Invoicing 52

PYMNTS

DECEMBER 7, 2020

This week's B2B Digest looks at how corporate finance scams come in all shapes and sizes, from employee expense fraud to invoice falsification. It could really damage the economics of a city," said co-author Eric Holzman, assistant professor of accounting at Ohio State. PYMNTS breaks down the numbers behind the latest cases below.

Invoicing 91

Invoicing Construction Corporate Finance B2B 91

PYMNTS

DECEMBER 2, 2020

That mismatch of innovation creates B2B chokepoints, where digital invoices and payments are increasingly pushed to suppliers who don’t have the technology or automation in place to handle those technological advancements. Another factor — there hasn’t been a real diversity of economic models across open-loop networks, Aquilina said.

B2B 79

B2B Invoicing Accounts Payable Reconciliations 79

Global Finance

FEBRUARY 4, 2025

By providing immediate cash flow, SCF helps suppliers avoid the pitfalls of traditional loans that can be challenging to secure during economic downturns. billion by 2033 as economic and geopolitical pressures reshape how businesses approach working capital and financing. billion in 2024 and is expected to reach $15.2

Finance 52

Finance Invoicing Banking Manufacturing 52

CFO Talks

MARCH 4, 2025

The world throws curveballs economic downturns, rising costs, and sudden shifts in customer demand. Process Automation Using tech to handle invoices, payroll, and reports can save money and reduce errors. Or do you think on your feetfind an alternative way to cook, adjust the recipe, and still make something great with what you have?

Budgeting 52

Budgeting Forecasting Invoicing Sales 52

PYMNTS

JANUARY 18, 2021

19), the government is planning to strengthen the Prompt Payment Code , which is currently only voluntary, to make it so that 95 percent of invoices for SMBs have to be paid within 30 days, FT reported. During the pandemic, SMBs have struggled to survive as they’ve lacked the economic resources afforded to larger companies. In the U.K.,

Invoicing 88

Invoicing Economics Finance Retail 88

PYMNTS

SEPTEMBER 15, 2020

That can hobble an economy where nine of 10 businesses in the country are smaller firms and are responsible for the jobs and economic activity that create half of the country’s gross domestic product. You can pay your invoices in cash,” he said, “but the invoice is already known to the IRS [in Mexico].”.

Banking 103

Banking Invoicing Accounting Leverage 103

PYMNTS

JUNE 23, 2020

Large companies may receive thousands of monthly invoices that must be processed quickly and economically, and firms of all sizes need to track payment obligations and issue funds. Processing vendors’ invoices can be expensive if companies lack streamlined AP systems. on average to process a single invoice in 2019, for example.

Accounts Payable 85

Accounts Payable Invoicing Treasury SAP 85

Future CFO

MARCH 7, 2024

The SEA CFO Agenda 2023: Decoding the CFO’s trilemma report found that financial chiefs in the region are looking into the global economic slowdown as a major concern, with 80% of respondents marking it as their top external risk for the next 12 months.

Economics 52

Economics Financial Planning and Analysis (FP&A) CFO Invoicing 52

PYMNTS

NOVEMBER 10, 2020

Bank has rolled out its new AP Optimizer, which is a digital tool that works to simplify invoice processing and payments for businesses, according to a press release. Digital invoicing has become popular throughout the pandemic, with WEX Inc.

Accounts Payable 80

Accounts Payable Banking Invoicing Treasury 80

PYMNTS

APRIL 29, 2020

“But what it has actually done is create an unnecessary economic and technical burden for everyone wanting to play a role. FAB Teams Up For Digital Invoicing. Invoices can be sent via SMS, email or WhatsApp, and payments can be accepted on orders before delivery begins.

Banking 95

Banking Foreign Exchange Invoicing Finance 95

Global Finance

OCTOBER 31, 2024

million in pretax profits in 2023, and a presence in 20 markets on the continent and four global centers—empowering SMEs means fueling Africa’s economic development. Additional bank offerings include Programa Preserva, a workshop-based program that promotes economic security through saving. For UBA—boasting $20 billion in assets, $454.2

Banking 52

Banking Finance Construction Foreign Exchange 52

PYMNTS

NOVEMBER 20, 2019

Citi noted traditional methods of cross-border accounts receivable are inefficient, involving multiple collections service providers with silos between invoicing, collection and reconciliation. Earlier this year Citi said it would be preparing for an uptick in corporate banking operations despite concerns about an economic slowdown.

Accounting 83

Accounting Reconciliations Invoicing Currencies 83

Navigator SAP

FEBRUARY 17, 2022

How do you keep employees engaged and business thriving in an economic landscape marred by the ongoing effects of the COVID-19 pandemic on society at large? Sales data related to customer visits, expenses, shipping, invoicing, forecasting, and competitor analysis are all available in one place.

SAP 130

SAP Invoicing Manufacturing Compliance 130

PYMNTS

JUNE 12, 2020

Freelancers have seen particularly harsh economic effects from the ongoing pandemic. Forty percent of those in the U.S. have lost at least $10,000 in income since its onset, leaving many operating on fast-declining savings. The nation

Reconciliations 53

Reconciliations Invoicing Finance Economics 53

PYMNTS

NOVEMBER 12, 2020

The small business financing market is in a unique position: despite market volatility and an economic downturn, funding availability remains strong for SMBs thanks to government funding initiatives. For an invoice financier like Pulse Cashflow, the impact from those programs has been clear. In the U.K., Dare pointed to U.K.

Marketing 64

Marketing Invoicing Finance Construction 64

PYMNTS

MAY 8, 2020

The United States government has attempted to offer relief through its federal Coronavirus Aid, Relief, and Economic Security (CARES) Act, which opens unemployment benefits to self-employed individuals. Deep Dive: Using Automation To Solve Slow Invoices. Around The Gig Economy Payments World. About The Tracker.

Invoicing 81

Invoicing Finance Economics Securities 81

PYMNTS

NOVEMBER 17, 2020

Many [B2B] companies are still processing cross-border payments through wire transfers, which is quite horrendous and sometimes requires senders to fax paper invoices to the recipients,” Prados said. “So So how do you do that when you have all of your employees working from home?”. That adoption trend applies to every single B2B channel.

B2B 108

B2B Invoicing eCommerce Securities 108