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As salespeople are the employees most directly responsible for a company’s revenue, Sales Management is a critical component of a company’s success. Here’s a guide to all things Sales Management. Index: What is Sales Management?
Artificial intelligence (AI) has the potential to change lives, literally – aiding in the detection of diseases, for example – while in commerce, it has the potential to stop bad transactions. We’re getting there, but bringing AI into everyday life is an evolutionary process that differs markedly from the breathless portrayals in the movies, where the rise of sentient computers and robots bodes well, or ill, for humanity, depending on what you’re watching.
Introduction For many business owners, their business is an accumulation of enormous efforts over a lengthy period of time: a schooling career, tertiary education, mentorship, saying no to many social get-togethers, hard work, mistakes, parting ways with savings, more hard work. The list is endless. Given the sacrifices made in building a business, it is no surprise that deciding to expose it to potential investors, is an emotional rollercoaster.
Document-heavy workflows slow down productivity, bury institutional knowledge, and drain resources. But with the right AI implementation, these inefficiencies become opportunities for transformation. So how do you identify where to start and how to succeed? Learn how to develop a clear, practical roadmap for leveraging AI to streamline processes, automate knowledge work, and unlock real operational gains.
As salespeople are the employees most directly responsible for a company’s revenue, Sales Management is a critical component of a company’s success. Here’s a guide to all things Sales Management. Index: What is Sales Management?
Payments don’t always have to be just about the cards. That’s the big message being sent throughout the payments world as PSD2 and other FinTech efforts spark innovation and give consumers, companies and other organizations more methods to pay — methods that better match the preferences of those participants, payments that feature more speed and less friction than was often the case before.
Payments don’t always have to be just about the cards. That’s the big message being sent throughout the payments world as PSD2 and other FinTech efforts spark innovation and give consumers, companies and other organizations more methods to pay — methods that better match the preferences of those participants, payments that feature more speed and less friction than was often the case before.
ACTIAM, the Dutch asset manager, has set itself a groundbreaking goal: By 2030, it hopes to be water neutral. Hans van Houwelingen, the firm's CEO, talks to Monika Freyman, CFA, about this ambitious target.
B2B payments are mired in delays, in errors, in an imbalance in funds flow and credit terms. Simply put, buyers stretch out payments and suppliers play the waiting game – at least as well as it can be played with checks and cards. The result is a cash flow crunch. Access to financing (trade finance, that is), especially online, can level the playing field a bit.
The path to the payments deal started about three or four years ago when Adam Bloomston, CEO of Payscape , and Thomas Nitopi, CEO and founder of NXGEN , first met. As they talked about their respective payment services firms, they realized, in Bloomston’s words, “that both of our companies didn’t really compete with each other in multiple areas.”. However, they both understood the opportunity: to further their global presence and create what Nitopi, in a PYMNTS interview, called “a global sales
Accounts payable operations are essential to ensuring that payments to a firm’s partners and suppliers are processed and delivered on time. These processes prevent companies from missing payments and running the risk of souring business relationships and hurting their partners’ bottom lines in the process. However, despite their importance to keeping businesses afloat, old school practices like physical paperwork are still the norm for many AP departments.
Finance teams are drowning in data—but is it actually helping them spend smarter? Without the right approach, excess spending, inefficiencies, and missed opportunities continue to drain profitability. While analytics offers powerful insights, financial intelligence requires more than just numbers—it takes the right blend of automation, strategy, and human expertise.
The digital revolution comes to the land where the industrial revolution was born? To that end, Invest In Blockchain reported that Mark Carney, governor of the Bank of England, said that the central bank should gear up for a “fourth industrial revolution” that includes at least some impact to payments, chiefly through blockchain and decentralized systems.
Migrants make up a substantial portion of the economy in India. By some recent accounts , more than 100 million migrants are participating in the nation’s workforce — one-fifth of the nation’s workforce. Many of these workers travel from rural, low-income regions, hoping that work opportunities in urban areas will enable them to support their families.
Many countries around the world are rolling out instant payments schemes that bring speed and convenience to payments made within their own borders. Unfortunately, those benefits are often limited when it comes to cross-border payments. A London-based manufacturer can’t rely on the U.K.’s Faster Payments Service (FPS) to quickly shuttle funds to a supplier in Canberra, Australia, for example.
Along with digital transformation, innovation has been a buzzword for some time. These may seem like abstract concepts, but innovation has had concrete results in the financial industry. For example, in the newly released J.D. Power 2019 U.S. Retail Banking Satisfaction Study , retail banking was declared to have bounced back reputation-wise over the past decade, due to improvements in customer service spurred by innovations like mobile banking.
Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.
Uber is gearing up to award drivers ahead of its initial public offering to the tune of $300 million, giving them as much as $40,00 each. Uber said in a Securities and Exchange Commission filing late last week that it planned to pay roughly $300 million to around 1.1 million drivers located across the globe. Uber said in the filing it was paying a one-time cash driver-appreciation reward to “acknowledge drivers who have participated in our success.
The British Government has announced that it will protect the future of cash to make sure the proliferation of digital currency doesn’t affect portions of the population who rely on physical money every day. Chancellor Philip Hammond said there’s going to be a new group to tackle the issue, and that it will be chaired by the treasury and will include regulators and the Bank of England.
Blockchain payments company Pundi X has announced plans to launch Open Platform, a tool to enable developers and businesses to create blockchain solutions. In a press release on Thursday (May 2), Pundi X said Open Platform will let developers and corporates list digital tokens, and create custom XPASS cards. These cards are physical crypto wallets that allow users to top up digital assets and make payments with sellers that use the XPOS, its blockchain-powered, wireless point-of-sale (POS) solu
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Ireland has been ramping up to boost FinTech efforts — a trend that has spanned several countries globally. As reported this past week, per Yahoo Finance , Ireland wants to see as many as 50,000 people employed directly within the country’s international financial services sector, with a target date of 2025. That goal has a roadmap in place through Minister of Finance Paschal Donohoe, who debuted a multi-point plan to increase the number from the 44,000 currently employed within the financial se
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Keeping global commerce moving requires rapid-fire, cross-border B2B payments. As financial institutions (FIs) and other corporates seek to keep pace, many are turning to application program interfaces (APIs) to help. More banks are tapping SWIFT gpi, while corporates are tapping a new offering that enables them to use the Single European Payment Area (SEPA) Instant Credit Transfer (SCT Inst) scheme.
The We Company, formally known as WeWork, has confidentially filed for an IPO, the company announced on Monday (April 29). “(The company) announced that it has confidentially submitted an amended draft registration statement on Form S-1 with the Securities and Exchange Commission (‘SEC’) relating to an initial public offering of its common stock.
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Facebook has been meeting with financial firms and online merchants as it makes plans to launch its own cryptocurrency-based payments system. The social media giant has been working on the project — code-named Project Libra — for more than one year, with it centered around the company’s own digital coin that users could send to each other, as well as use to make online purchases.
Homeland Security ’s cybersecurity agency has issued an advisory about a popular gas station software that has flaws, making it highly vulnerable to hacking. The Cybersecurity and Infrastructure Security Agency (CISA) gave the Orpak SiteOmat software a vulnerability severity rating of 9.8 out of 10, revealing that it has several security vulnerabilities that require “low skill” to exploit.
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Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.
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