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

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. Bank, according to the release.

Accounts Payable 80

Accounts Payable Banking Invoicing Treasury 80

PYMNTS

NOVEMBER 20, 2019

Citi is streamlining the cross-border collections process for its corporate treasury clients, the financial institution said Wednesday (Nov. Citi noted traditional methods of cross-border accounts receivable are inefficient, involving multiple collections service providers with silos between invoicing, collection and reconciliation.

Accounting 83

Accounting Reconciliations Invoicing Currencies 83

PYMNTS

JANUARY 26, 2021

To further enhance the RfP, TCH is also piloting a secure document repository for bills and invoices. The economic upheaval caused by the pandemic, paired with the government’s unprecedented twin stimulus responses, was also a major challenge for Treasury, the industry and a source of activity for Waterhouse and his team this past year.

Treasury 109

Treasury Accounting Economics Invoicing 109

Global Finance

JULY 26, 2024

Clients in Brazil and Mexico can optimize working capital with Intelligent Receivables—powered by artificial intelligence—a collections tool and invoice matching tool that achieves straight-through processing metrics into the 80-90 percentile range.

Cash Management 52

Cash Management Treasury Foreign Exchange Concentration 52

PYMNTS

DECEMBER 14, 2020

Delayed and late B2B payments are a global issue, but this week's B2B Data Digest shines a spotlight on two markets that are elevating the fight against late invoice payments to small businesses. Five-day payment terms will be possible through Australia's new eInvoicing solution , the nation's Treasury announced recently.

Invoicing 75

Invoicing Treasury B2B Finance 75

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

OCTOBER 22, 2020

Together, the companies are connecting SMBs to Direct Debit to accept invoice payments in an effort to combat the friction of late payments. 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.”.

Banking 79

Banking Invoicing B2B Treasury 79

PYMNTS

NOVEMBER 8, 2018

That’s why we helped to set up the FinTech Delivery Panel, and, thanks to the guidelines published today, the industry will be able to work closer together, benefiting customers across the country,” said John Glen MP, economic secretary to the Treasury, in a press release.

Banking 76

Banking Retail Startups Treasury 76

PYMNTS

JUNE 11, 2019

The name BOT stems from the Buoni Ordinari del Tesoro, the name of the Italian Treasury bill, reports said. According to the news outlet, Italy ‘s Treasury is exploring ways to address its unpaid invoices, citing data that the government pays its vendor invoices an average of 59 days after they are issued.

Invoicing 48

Invoicing Treasury Currencies Economics 48

PYMNTS

OCTOBER 28, 2020

Panelists included Ariel Cohen , CEO of travel management firm TripActions ; Bob Youakim , CEO of Passport , which focuses on transportation management software; Chris Ward , head of Products and Innovation, Treasury Management at PNC ; and Sunil Sharma , chief technology officer and chief product officer at freight management firm Cargomatic.

B2B 97

B2B Entertainment Transportation Invoicing 97

PYMNTS

SEPTEMBER 30, 2016

And that goes for the industries covered, too, with treasury management’s Kyriba, blockchain’s BlockApps and enterprise security’s Druva landing on the board, to name a few. The company’s backing comes at the hands of Sequoia Capital India, as well as Singapore-based Economic Development Board Investments.

B2B 70

B2B Treasury Startups Cash Management 70

PYMNTS

DECEMBER 31, 2020

In a year filled with unexpected challenges and a COVID-era economic climate that proved fatal for many companies, PYMNTS was lucky to hear directly from the front lines how scores of company leaders and industry experts were coping with the crisis and turning conflict into opportunity.

Healthcare 115

Healthcare B2B Foreign Exchange Treasury 115

Global Finance

OCTOBER 11, 2024

million small-business clients, the bank broadened its suite of payment acceptance offerings, including invoicing and a tap-to-pay option allowing merchants to accept card payments via their mobile devices. in 2022, according to the International Monetary Fund’s July World Economic Outlook 2024.

Banking 111

Banking Foreign Exchange Profit and Loss Finance 111

PYMNTS

JULY 10, 2020

Manual, paper-based AP procedures can stand in the way of this, though, because these methods require staff to spend time and resources handling invoices and typing details into company systems. Thirty-seven percent said invoice processing was among the three most inefficient parts of their companies’ financial operations.

Invoicing 55

Invoicing Budgeting Leverage B2B 55

CFO Leadership

MARCH 31, 2022

Cash forecasting is meant to drive smarter business decisions in all economic climates. Many finance teams —empowered by broader treasury digitization and technology breakthroughs — are now embracing new forecasting solutions that use machine learning to harness data and improve confidence.

Forecasting 52

Forecasting Treasury Invoicing Leadership 52

PYMNTS

OCTOBER 23, 2018

The Guardian reported that late payments have led to as many as 50,000 company closures annually, and that the economic cost over that same time frame is £2.4 Sears In Suit Over Unpaid Invoices. Last week, news came that a lawsuit was filed on behalf of a Sears supplier, which centers on roughly $840,000 in unpaid invoices.

Invoicing 43

Invoicing Treasury Accounting Firms Economics 43

PYMNTS

OCTOBER 19, 2020

Economic challenges brought on by the COVID crisis have heightened the need for businesses to manage supply chains more efficiently, and in many cases that means turning to banks for the help they need. Offering early funding to supplier corporates or extended payment terms to buyer corporates is another way to help optimize working capital.

Finance 60

Finance Banking Accounts Payable Invoicing 60

Future CFO

APRIL 6, 2022

In an EY podcast on Why “cash culture” is a critical lever in today’s PE climate , Nick Boreo from EY Strategy and Operations Services spoke out on the importance of cash, particularly during an economic downturn. Where most companies think about cash flow is actually getting back to the fundamentals of running a business.

Invoicing 98

Invoicing Finance CFO Accounting 98

PYMNTS

SEPTEMBER 25, 2020

Department of Treasury indicate that many of the biggest global banks moved money for a number of people and enterprises participating in criminal financial activity. PYMNTS explores how technologies based on the cloud can make document acceptance simpler amid subcontractor onboarding and allow for more effective invoice/payments monitoring.

Accounts Payable 61

Accounts Payable Treasury Construction Accounting 61

PYMNTS

MAY 1, 2020

So are paper invoices that precede them. In point of fact, most businesses of any size have a hybrid treasury-accounting back office where digital tools and paper instruments coexist. For all of the happy life moments in which they appear, paper checks are unloved.

B2B 52

B2B Accounts Payable Accounting Treasury 52

PYMNTS

MAY 3, 2019

based Ordo will be used to help the company in continuing to promote the growth of its invoicing and accounts receivable solution. Nationwide plans to launch an SMB banking solution later this year, though it is unclear whether the Ordo investment means the company will integrate the Ordo invoicing tool into its own offering.

B2B 64

B2B Startups Investments Invoicing 64

Future CFO

DECEMBER 6, 2021

With the disruption of the global supply chain and the economic slowdown, companies’ finance departments are under more pressure to optimise their cash conversion cycle. Then typically, you have to go back to the corporate treasury for more liquidity. If there's a dispute on certain invoices, clearly, they are not collectable.

Invoicing 40

Invoicing Cash Management Treasury Finance 40

Strategic Treasurer

JANUARY 3, 2022

Host Craig Jeffery kicks off the 2022 Outlook series with a conversation with Jon Paquette, Senior Financial Solutions Expert at TIS (Treasury Intelligence Solutions), on the outlook of payments. They discuss technology developments that will likely have the biggest impact on treasury in 2022. Host: Craig Jeffery, Strategic Treasurer.

Treasury 52

Treasury Cash Flow Forecasting Forecasting Banking 52

PYMNTS

SEPTEMBER 20, 2019

The new Small Business Energy Check solution was developed in partnership with cloud-based accounting software provider Xero and economic advisory provider AlphaBeta. In Australia, the government recently launched a new digital tool that enables companies to assess how much they pay for energy expenses. About the Playbook.

Construction 46

Construction Treasury Invoicing Budgeting 46

Bramasol

JUNE 30, 2023

Global Economy May Have Seen the Worst of Inflation According to the Organization for Economic Co-operation and Development (OECD) , "Global GDP growth in 2023 is projected to be 2.7%, the lowest annual rate since the global financial crisis, with the exception of the 2020 pandemic period.

SAP 71

SAP B2B Leverage Analyzing Data 71

Future CFO

APRIL 21, 2021

Manual AP invoicing has been outdated and inefficient for years now, so when business across the globe encountered significant disruptions, companies with digital transformation still on their to-do lists felt the impact on their operations far more than those already using automation. Eliminating manual processes. Optimizing cash flow.

Accounts Payable 40

Accounts Payable Accounting Invoicing Treasury 40

PYMNTS

APRIL 11, 2017

s economic departure, potentially “devastating economic and political effects” tied to a “hard exit.” The unraveling of the EU and the monetary union could have devastating economic and political effects. As far as Brexit is concerned, he noted that it looms as having, upon the U.K.’s

Foreign Exchange 43

Foreign Exchange Economics Treasury Invoicing 43

PYMNTS

JUNE 13, 2016

A recent survey by Bottomline Technologies and Strategic Treasurer found that corporate treasury officials aren’t prepared to safeguard their firms against a cyberattack, despite a quarter of those that said they had experienced such an attack reporting financial losses from the event.

Accounts Payable 41

Accounts Payable Corporate Finance Treasury Invoicing 41

PYMNTS

AUGUST 8, 2017

SMBs] are facing a working capital crisis at the worst possible time,” said Crossflow Payments chief executive Tony Duggan in a statement, pointing to economic uncertainty, Brexit and other factors threatening the financial well-being of U.K. Treasury opened an inquiry to assess its effectiveness. small businesses.

Finance 43

Finance Treasury Invoicing Banking 43

PYMNTS

APRIL 12, 2017

SMEs despite political and economic uncertainty in the midst of Brexit. Many small British businesses make invoice payments, pay salaries and manage their treasury accounts overseas.”. The year is expected to be a strong one for U.K. Britain’s small businesses are facing unprecedented levels of uncertainty in light of the U.K.’s

Accounts Payable 40

Accounts Payable Treasury Invoicing Planning 40

PYMNTS

MAY 10, 2016

“We stand on the brink of a technological revolution that will fundamentally alter the way we live, work and relate to one another,” wrote World Economic Forum Founder and Executive Chairman Klaus Schwab in an article published last January.

Manufacturing 40

Manufacturing Analyzing Data Finance CFO 40

PYMNTS

NOVEMBER 15, 2017

Ops Chain will be integrated into SAP Leonardo and allow corporate customers to access the solution that manages digital contracts, logistics information, inventory data, invoicing and payments.

SAP 52

SAP Finance Technology Treasury 52

PYMNTS

MARCH 14, 2016

Analysis uncovered a few spots where the buyer-supplier relationship is in jeopardy, from failed contract negotiations, to fake supplier invoices, to procurement officials ready to ditch their suppliers. 30 million in financing has landed with SMEs from FundThrough , the invoice financing company stated last week.

B2B 40

B2B Invoicing Benchmarking Finance 40

PYMNTS

MARCH 10, 2016

Nearly three-quarters of the companies surveyed by iGTB said that they experience a lack of integration of their treasury management or ERP systems with the banking solutions offered by their banks — a statistic Cantor deemed “outrageous.”. This customer segment also expressed a lack of liquidity management services from their banks, too.

Banking 41

Banking Concentration Treasury Cash Management 41

Bramasol

DECEMBER 14, 2023

With our core focus on financial applications such as order-to-cash, revenue recognition, subscription-billing, leasing, treasury and other solutions, Bramasol has significant experience in virtually all aspects of S/4HANA migration that involve the Office of the CFO.

Technology 83

Technology SAP IFRS Compliance 83

Global Finance

FEBRUARY 3, 2025

Susan Barton, EY: From a treasury view, it helps with cash managementyou know exactly when youre paying people. Among the most successful implementations of RTP in emerging markets, Indias UPI is a leading example of how RTP can drive economic inclusion while offering businesses a scalable and efficient payment solution.

Currencies 122

Currencies Banking Treasury Technology 122