Tesorio launches AI agent to ease invoice bottlenecks
CFO Dive
MARCH 27, 2025
Dubbed the "Supplier Portals Agent," the fintech's new offering targets invoice submission pain points in order to free up finance teams for more value-added tasks.
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CFO Dive
MARCH 27, 2025
Dubbed the "Supplier Portals Agent," the fintech's new offering targets invoice submission pain points in order to free up finance teams for more value-added tasks.
Future CFO
MARCH 10, 2025
In 2025, the integration of AI into the finance function in Asia has the potential to reshape operational frameworks and decision-making processes. Current industry research suggests that AI technologies are gaining traction among finance professionals navigating a complex landscape marked by rapid change.
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PYMNTS
MARCH 10, 2020
Joust, a banking app in Austin, has announced it will pay users on their unpaid SXSW invoices to help them deal with the cancellation of the huge yearly festival, according to a release. ” Joust will use its invoice factoring tool, PayArmour, to fund the invoices.
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At the time, Gronen was vice president of finance, responsible for assessing acquisitions and analyzing their outcomes. This experience shaped Gronen’s career, reinforcing his commitment to taking on complex challenges and thinking beyond traditional finance roles. Right now, many companies receive invoices in paper envelopes.
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Fpanda Club
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The Finance Weekly
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CFO Talks
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Late payments or unpaid invoices can seriously impact cash flow, making it harder to cover essential expenses like paying employees, suppliers, or rent. By monitoring outstanding invoices regularly, you can spot changes in payment patterns. Use accounting software to track outstanding invoices and automate payment reminders.
PYMNTS
NOVEMBER 4, 2020
Even with the digitization of the invoice, fraud remains a rampant problem, and it's not only the buy-side of the B2B equation faced with the consequences. Deepfake technology means criminals can masquerade their own voices to convince unwitting employees to approve an invoice for payment, for instance. It's just inefficient.".
PYMNTS
NOVEMBER 10, 2020
Accounts payable (AP) and payment automation provider AvidXchange has rolled out a connection with Concur® Invoice for vendor payments. Concur Invoice lets companies ingest and digitize invoices via machine learning, integrating the payments in one system to supervise expenditures. 10) announcement.
PYMNTS
SEPTEMBER 29, 2020
And in an interview with PYMNTS, Jacob Shoihet , co-founder and CEO of the online financing platform Marco Financial , said the problem is particularly acute for exporters. “In Overall, Marco Financial has noted, banks reject 50 percent of small- to medium-sized business (SMB) financing applicants.
PYMNTS
MAY 14, 2020
Invoice inaccuracies caused by either honest mistakes or deliberate fraud quickly add up if not caught and corrected, and unexpected monetary drains cause budgets to fall short of projections. Eric Forry, vice president of finance at U.S.-based Three-Way Invoice Matching. There are a lot of different variables.”.
PYMNTS
NOVEMBER 23, 2020
The way entrepreneurs are managing their businesses — and their businesses' finances — is changing, with complexities and pain points multiplying. As these payment gateways increase support for faster payments, opportunities to combat delayed invoice payment scenarios will grow.
CFO Talks
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The Finance Weekly
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A finance software stack is a list of top solutions that will produce the best results for finance teams. Finance is responsible for a large number of critical operations in a business. Here are the 7 best finance software solutions broken down into different categories: 1) Accounting. Low implementation times.
Future CFO
FEBRUARY 24, 2022
Deloitte’s updated Finance 2025: Digital transformation in finance lists eight predictions revolving around digital technologies. Four of the predictions have automation at the heart of the prediction: The finance factory: Transactions will be touchless as automation and blockchain reach deeper into finance operations.
Future CFO
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According to the company’s assistant finance manager Kausalyaa Somosundaram , the exercise was primarily aimed at allowing the company to track its bookkeeping – both accounts receivables (ARs) and accounts payables (APs) – from one place. Simultaneous with the automation, we come up with a process flow for our finance process.
CFO Talks
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PYMNTS
AUGUST 9, 2020
Due to the SAP Ariba Network, suppliers have access to better visibility for invoices and orders, with the ability to self-manage account information, submit invoices electronically and receive new purchase orders. Strides have been made lately toward eliminating late invoice payments, PYMNTS reported.
Future CFO
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Future CFO
APRIL 22, 2024
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Bank of the West
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Digital payments are becoming a larger part of the retail domain, with more corporations adopting digital measures like e-invoicing that help banks play a central role in facilitating payments services between key partners and customers.
Future CFO
MARCH 5, 2023
“Finance automation technology integrates machine learning and artificial intelligence for use in areas such as financial analysis, payroll administration, invoice automation, collections action, and preparing financial statements. What aspect of the finance function benefited most from the introduction of automation, and why?
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Suppose your company finances are complicated and include multiple entities or locations. Create quotes, sales orders, backorders, invoices, returns, credit memos, debit memos, and more with ease and rapidly deliver them via email. The post How Complex Are Your Business Finances? No two businesses are exactly alike.
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For instance, using automated invoicing software could save hours of manual work, enabling your team to focus on higher-value tasks like analysing trends or forecasting. Build Resilient Teams: Train your finance team to look beyond numbers. Regularly Review Your Cost Structure A detailed cost review is not just an annual exercise.
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CFO Simplified
NOVEMBER 12, 2024
Especially for business owners that are unfamiliar with finance, chasing the symptom sometimes accentuates the problem without providing resolution. They were 6 weeks behind in invoicing. It was up to the COO, who lacked a finance background, to train the new staff. Prioritize invoicing on current company activities.
PYMNTS
JANUARY 20, 2021
Corporate finance teams were not simply tasked with finding ways to continue operations in a remote work environment as a result of the coronavirus crisis. There were cases where some of these finance teams could not even understand what their cash visibility looked like.”. The Biggest Pain Points, Revealed.
PYMNTS
DECEMBER 28, 2020
Six months in prison will be served by the CEO of a children's apparel company after being found guilty of invoice fraud, a notice from the U.S. According to the DOJ, the CEO was involved in a scheme in which the executive intentionally understated the value of goods on an invoice in order to avoid custom duties owed to the U.S.
Bramasol
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For example, SAP's Order-to-Cash portfolio, formerly known as BRIM , offers a suite of applications, including Subscription Order Management, Subscription Billing, Convergent Charging, Convergent Mediation, Convergent Invoicing, and Entitlement Management, along with SAP Revenue Accounting & Reporting (RAR) for revenue compliance.
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FEBRUARY 5, 2025
Using B2B BNPL, MSMEs avoid tapping their credit lines to pay invoices and avoid trade credit negotiations. For suppliers, it works like reverse factoring, where the buyer uses a third party to pay the invoice immediately and reimburses the financing third party later. Little (ADL). Arjun Singh, Arthur D.
CFO Talks
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Hand Over the Numbers and Focus on What Matters Lets be honest, handling finances isnt everyones favourite job. If you’re spending hours every week trying to manage your books, chase invoices, or figure out tax rules, youre not focusing on what mattersgrowing your business. Finance isnt just about adding up numbers.
CFO Plans
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Implementing automated invoicing systems can streamline the collection process, reducing outstanding debts and accelerating cash inflows. Innovations such as blockchain for secure transactions, AI for predictive analytics, and machine learning for process automation are redefining how businesses manage their finances.
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PYMNTS
JUNE 29, 2020
Despite widespread disruption in global supply chains, a new report from Medius indicates that supplier invoice and payment volumes have actually remained relatively stable this year compared to last. Its annual Payment Practices Barometer report found that across Asia, organizations are taking longer to pay their B2B invoices.
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