PYMNTS

FEBRUARY 26, 2020

With technology to sit in the middle of a buyer-supplier relationship, solution providers can offload some of the supplier management burden on the buy-side. One of the biggest challenges in B2B payments today for both buyer and supplier is the need for transaction data for remittance, reconciliation and accounting.

Accounts Payable 72

Accounts Payable Accounting Invoicing General Ledger 72

Future CFO

SEPTEMBER 26, 2022

Finance has also invested heavily in technology to reduce time to close, with three technologies deployed by more than half of functions already: general ledger technology, a financial close solution, or workflow automation, Gartner said. 86% said they wanted a faster, real time close.

Finance 52

Finance General Ledger Reconciliations Auditing 52

Embark With Us

JANUARY 19, 2022

To that point, recent research found 89% of workers to be more satisfied with their jobs after their employer implements automation technologies. Reconciliations shouldn't induce night sweats. But how, exactly, do you keep your people engaged, data timely, and business intelligence relevant and guiding? Automation.

Accounting 98

Accounting Finance Data Analysis General Ledger 98

PYMNTS

FEBRUARY 25, 2020

New technology solutions are stepping onto the market to help automate accounts receivable, accounts payable and the act of supplier payments, as well as other processes surrounding these fields, like trade finance, cash flow management and accounting. There’s nothing more valuable than remittance data. This is what businesses are asking for.

B2B 69

B2B Accounts Payable General Ledger Reconciliations 69

Bramasol

JULY 26, 2024

As shown below, everything that is needed can be combined within a unified architecture that leverages the inherent scalability of S/4HANA Public Cloud and SAP Business Technology Platform (BTP). Manual Processes: Reliance on manual data entry and spreadsheet-based reconciliations can be time-consuming and error-prone.

SAP 78

SAP IFRS GAAP Compliance 78

The Charity CFO

OCTOBER 9, 2024

Modern nonprofit leaders are always looking for ways to use technology to make everyday tasks easier. This makes it challenging to create technology that tracks data for fundraising purposes while still following accounting principles. So why does it seem so hard to find this unicorn platform?

Accounting 52

Accounting GAAP Nonprofit Accounting Principles 52

PYMNTS

MARCH 10, 2020

But this category of software has, in recent years, evolved within silos as technology providers tackle particular spend scenarios like accounts payable (AP) and employee expenses. The many layers of spend management software traditionally have had nothing to do with payments,” he said in a recent interview. The Data Friction of Silos.

Accounts Payable 58

Accounts Payable General Ledger Budgeting Reconciliations 58

Spreadym

JULY 10, 2023

Here are the typical steps involved in the financial close process: Pre-Close Activities: This phase involves preliminary activities to prepare for the close process, such as reviewing account reconciliations, ensuring the completeness of transactions, and resolving any outstanding issues or discrepancies.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Reconciliations Accounts Payable General Ledger 52

PYMNTS

AUGUST 5, 2016

The market is on the cusp of a groundswell of adoption of these technologies, says Therese Tucker, CEO of accounting solutions firm BlackLine , after a long lull among mid-market firms. “Across the board, in the past, accounting has been very underserved by technologies because they’re the last to get budget,” she explained.

Accounting 42

Accounting Reconciliations General Ledger Auditing 42

BlueLight

JULY 16, 2020

My first startup was an equity research firm focused on operational data; we were early adopters of cloud technology and used software to automate systems to pull unstructured data and scrubbing it into a usable structured format. Unfortunately, that journey came to an end because of The Great Recession.

Startups 52

Startups CFO Reconciliations General Ledger 52

The Charity CFO

APRIL 25, 2024

In this case study, we’ll explore real stories of nonprofits who have transformed their organizations by using technology to streamline their financial infrastructure. We know what a nonprofit goes through each day, and we utilize technology to simplify our clients’ accounting processes. Let’s take a deeper look.

Nonprofit 52

Nonprofit Accounting CFO Auditing 52

PYMNTS

JANUARY 22, 2019

Accounting, consultancy and technology firm Crowe is rolling out a new solution designed for hospitals to automate daily bank reconciliation processes and manage cash flow, the company said in a recent announcement. Hospitals can often struggle to manually reconcile cash flow coming from multiple sources.

Cash Management 73

Cash Management General Ledger Reconciliations Healthcare 73