Simply Treasury

NOVEMBER 2, 2020

How to best choose your IT treasury solution in a complex and competitive environment? The strategic and key role of treasury teams has increased steadily over last decade. At treasury level, the central technology is the calculation and processing power of Treasury Management Systems (i.e. Tech dependency of Treasury.

Treasury 130

Treasury Technology Finance Securities 130

The Finance Weekly

OCTOBER 30, 2024

Here’s what modern cash management systems typically offer: Real-Time Bank Account Integration - The ability to link various bank accounts into a single platform allows businesses to view all their financial data in one place, reducing manual work and improving accuracy.

Cash Management 52

Cash Management Cash Flow Forecasting Reconciliations Forecasting 52

PYMNTS

SEPTEMBER 4, 2018

In its “ The road to real-time treasury ,” Deutsche Bank urges treasurers to get ready for a world of real-time transacting. Deutsche Bank noted that this can have multiple positive impacts on corporate treasury, including faster cross-currency payments, faster FX exposure management, and faster actions taken to address FX volatility.

Treasury 44

Treasury Foreign Exchange B2B Accounts Payable 44

PYMNTS

JANUARY 25, 2018

Treasury management firm BELLIN is expanding its offerings through a new partnership with Kantox , reports in bobsguide said this week. By teaming up with Kantox, we can now complement our TaaS [Treasury-as-a-Service] offering with FX management and hedging ,” said BELLIN Founder and CEO Martin Bellin in a statement.

Treasury 40

Treasury Foreign Exchange Risk Management Compliance 40

CFO Talks

JANUARY 8, 2025

If someone struggles with presenting financial data, offer tips, resources, or even a mentor to help them improve. Allowing someone who primarily works in accounts payable to gain experience in forecasting or treasury provides them with a broader understanding of finance operations. Constructive feedback is equally important.

Finance 52

Finance Budgeting Problem Solving Accounts Payable 52

PYMNTS

DECEMBER 22, 2020

When Stripe announced earlier this month that it was collaborating with the likes of Citigroup, Goldman Sachs and Barclays to embed a range of financial services within its Stripe Treasury offering, it was a big step forward for the Banking-as-a-Service (BaaS) landscape. The Corporate Use Case.

Banking 114

Banking Treasury Corporate Finance B2B 114

PYMNTS

OCTOBER 24, 2019

As Andreas Lutz, CEO of Fides Treasury Services explained to PYMNTS in a recent interview, the challenges associated with managing multiple bank accounts — and opportunities lost when it is done manually — are vast. Some treasury analysts still spend fully half their time working with massive spreadsheets,” he said.

Treasury 40

Treasury Mergers and Acquisitions (M&A) Banking Forecasting 40

PYMNTS

DECEMBER 1, 2020

We discover a basic truth upon reading PYMNTS November 2020 CFO’s Guide To Digitizing B2B Payments done in collaboration with Comdata : many treasury operations need digital triage. Corporate Treasury Needs More Love. B2B invoices generally take 37.4 are still conducted with checks.”. APIs Fostering Connectedness.

Treasury 64

Treasury Accounts Payable B2B Invoicing 64

CS Lucas

MARCH 30, 2021

CS Lucas has launched a new Treasury Management System designed to ensure the reliance upon spreadsheets in treasury is eliminated. CS Lucas Essentials is our new, cost effective treasury management solution that will provide treasurers with quick access to an industry proven and matured system. 2 financial instruments .

Treasury 52

Treasury Forecasting Cash Management Compliance 52

PYMNTS

AUGUST 14, 2020

“Friction is being reduced, and new ways of engaging with financial institutions are taking form, which provide new and improved financial services,” he said.

Banking 96

Banking B2B Treasury Financial Data 96

Bramasol

JUNE 10, 2022

Within the SAP ecosystem, Parallel Accounting is supported by the following financial application components: Financial Accounting (FI). Treasury and Risk Management (TRM). Seamless integration with the full scope of SAP applications is key to the successful implementation and ongoing operation of Parallel Accounting.

Accounting Principles 79

Accounting Principles IFRS Accounting SAP 79

PYMNTS

JANUARY 21, 2020

While Open Banking initiatives and data integrations between banks and FinTech firms have begun to target corporate and small business (SMB) end users, new research out of the U.K. has warned that small businesses are largely shunning the opportunity to unlock their financial data. “The financial crash casts a long shadow.

Banking 60

Banking Treasury Financial Data Cash Management 60

PYMNTS

DECEMBER 26, 2018

As PYMNTS looks back at the biggest stories of 2018, open banking and APIs became a central focus of the payments and financial services industry in areas like corporate treasury and small business banking. Of course, the FinTechs are eager to welcome corporate bank data into their own platforms to augment services for businesses, too.

B2B 70

B2B Treasury Banking Startups 70

Future CFO

NOVEMBER 17, 2022

With external pressures that are hard to predict, real-time visibility over financial data, processes and working capital will be key to survival, leading to greater pressure on CFOs and those who report into them, according to the research.

Finance 96

Finance Financial Data Economics Budgeting 96

PYMNTS

JANUARY 9, 2019

While financial services (FinServ) innovations often emerge with built-in security measures, new market trends — including faster payments and open banking — are introducing new security threats to corporate treasury departments, according to cybersecurity company BioCatch. BioCatch pointed to this risk in its blog post, too.

Banking 56

Banking Treasury Corporate Finance Securities 56

PYMNTS

DECEMBER 5, 2019

The malware was used to lift banking credentials, financial data and personal information from victims, and for deploying ransomware. Treasury Department also said that he has provided “direct assistance” to the Russian government, and has ties to that country’s intelligence organization. The Scope Of The Damage — In Dollars.

Banking 52

Banking Treasury Nonprofit Advertising 52

PYMNTS

DECEMBER 5, 2019

The malware was used to lift banking credentials, financial data and personal information from victims, and for deploying ransomware. Treasury Department also said that he has provided “direct assistance” to the Russian government, and has ties to that country’s intelligence organization. The Scope Of The Damage — In Dollars.

Banking 52

Banking Treasury Nonprofit Advertising 52

PYMNTS

APRIL 11, 2019

Morgan Treasury Services, in the announcement. Morgan Treasury Services, in the same announcement. “As The JPM Coin launch follows the bank’s release of Quorum — a blockchain platform designed to allow institutions to keep track of financial data. Since we launched real-time payments in the U.S.

Treasury 53

Treasury Reconciliations Budgeting Financial Data 53

PYMNTS

FEBRUARY 10, 2020

Trade and treasury solutions provider BNP Paribas, for example, is profiled for its hearty embrace of APIs, especially when it comes to instant money uses. The benefits of APIs for instant payments [are] huge,” said Charlotte Hausemer, vice president of innovation and product management for trade and treasury at BNP Paribas.

B2B 59

B2B Treasury Banking eCommerce 59

PYMNTS

DECEMBER 14, 2018

This week’s B2B venture capital roundup includes a slew of companies experimenting with enterprise data use cases. They include Internet of Things (IoT)-connected manufacturing machines, cross-platform financial data analysis, predictive analytics for inventory management and more. In all, more than $87.8

B2B 51

B2B Startups Treasury Financial Data 51

CFO Leadership

MARCH 31, 2022

Global operations make it more challenging for small treasury teams in mid-market companies to handle day-to-day operations efficiently and securely. New currencies, global banking structures, regional regulations, disparate processes, and disconnected systems all add complexities to the treasury operations. Categorize cash movements.

Treasury 52

Treasury Cash Management Currencies Reconciliations 52

PYMNTS

MAY 13, 2020

Manual AP processes give little insight into companies’ payments obligations or financial statuses. Treasury department staff cannot quickly access financial data that depends on employees sifting through paper documents, for example. Deep Dive: Ho w AP Automation Enables More Informed Investment Decisions.

Invoicing 79

Invoicing Accounts Payable B2B Budgeting 79

PYMNTS

JULY 1, 2020

Late last month, Mastercard revealed it had reached a deal to acquire Finicity , a company that provides real-time access to financial data, PYMNTS reported. And with our new client portal, our customers can self-serve and manage their trade finance products online.”. Commercial Bank of Dubai Links With Thunes.

Finance 56

Finance Banking Financial Data Treasury 56

PYMNTS

OCTOBER 29, 2018

This is especially true in finance-related functions like accounting, procurement, payroll and treasury, and a new survey from Workday suggests chief financial officers are recognizing the opportunities in a more collaborative approach to their positions.

CFO 58

CFO Corporate Finance Risk Management Finance 58

PYMNTS

JANUARY 10, 2020

Headquartered in Hong Kong, MioTech aggregates supply chain and financial data to enable enterprise clients to assess sustainability, social responsibility risks and other performance metrics. based HighRadius, a SaaS provider focused on accounts receivable and treasury management solutions for corporate customers. HighRadius.

B2B 52

B2B Startups B2C Management Consulting 52

Bramasol

MAY 13, 2024

Another key reason you should pay attention to activities at the PCAOB and AICPA is to stay abreast of potential future decisions that could impact your systems and processes for tracking, collecting, analyzing and reporting key financial data.

Auditing 84

Auditing Compliance SAP Accounting Standards 84

Bramasol

SEPTEMBER 29, 2023

They are expected to provide financial leadership and insight into the organization's strategic direction. This involves not just managing financial data but also interpreting it to guide decision-making. The Big Picture View CFOs are increasingly seen as strategic partners to the CEO and the board of directors.

Technology 89

Technology IFRS SAP Compliance 89

PYMNTS

SEPTEMBER 26, 2019

Gresham is focusing on real-time financial data management for cash flow and payments control, it said. Connecting these services through our platform removes these issues, and enables the change finance and treasury teams are looking for.”.

Technology 43

Technology Banking Treasury Financial Data 43

PYMNTS

JANUARY 15, 2019

The traction gained from FinTech players demonstrates the willingness consumers have to connect their bank accounts to third-party apps and enable the data sharing that Open Banking promotes. How this new landscape of financial services will play out for corporate customers of the banks, however, is less clear, but disruption is on the way.

Banking 66

Banking Corporate Finance Securities Treasury 66

PYMNTS

AUGUST 5, 2016

” Outside of the accounting department, however, other parts of a business will feel the effects of automated accounting — and the access of the financial data that goes along with it. ” From treasury management to sales teams, access to data from the accounting unit might offer guidance that was previously unattainable.

Accounting 42

Accounting Reconciliations General Ledger Auditing 42

PYMNTS

FEBRUARY 15, 2019

The release of the JPM Coin follows the bank’s release of Quorum — a blockchain platform designed to allow institutions to keep track of financial data. When one client sends money to another over the blockchain, JPM Coins are transferred and instantaneously redeemed for the equivalent amount of U.S.

Currencies 73

Currencies Banking Valuation Treasury 73

Bramasol

MAY 6, 2022

By unifying all financial data within a single-source-of-truth, S/4HANA enables applications such as Billing and Revenue Innovation Management (BRIM) , Revenue Accounting and Reporting (RAR) , lease accounting , and others to seamlessly interface with enterprise-wide financial functions such as treasury management , FP&A , etc.

SAP 65

SAP Finance Reconciliations Leverage 65

PYMNTS

DECEMBER 7, 2017

According to Jake Benson, CEO of back-office software provider Libra , that’s because traditional accounting and auditing software solutions aren’t compatible with blockchain, rendering them unable to access, manage and analyze financial data stored on distributed ledgers. Libra, which recently announced $7.8

Accounting 52

Accounting Auditing Valuation Financial Data 52

PYMNTS

JANUARY 26, 2017

For example, we have corporate clients that are blocking access to eBanking products, with all treasury and cash management operations managed within ERP itself.”. Finlync is now in the production phase of its integrator tool, working with bank partners to integrate data from the ERP platform offered by SAP.

SAP 57

SAP Invoicing Reconciliations B2B 57

Jedox Finance

AUGUST 20, 2020

Step 1: Get your data in order. The biggest misconception lies with the quality of financial data. Many CFOs assume that the colossal amount of data they have is of top quality. CFOs and their finance teams need to capture and verify data right at the point of creation. The truth may be more sobering.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Treasury CFO Planning 52

Finvisage

DECEMBER 31, 2019

Risk of Illicit financial activities seen at Patisserie Valerie could have been mitigated with our Treasury Management System. With Finvisage, it is impossible to alter data without user getting into limelight. Samsung Electronics’ unsecured financial data was shredded due to inadequate security measures.

Reconciliations 52

Reconciliations Accounting Financial Analysis Construction 52

PYMNTS

DECEMBER 17, 2019

“This is a fairly significant cost for businesses, particularly in terms of the treasury management point of view. “There could be a huge positive benefit of liquidity in the middle market,” he said of data integrations’ ability to enable a single source of truth for company financials.

Marketing 52

Marketing Accounts Payable Foreign Exchange Invoicing 52