Navigator SAP

NOVEMBER 15, 2024

Another example is using standard invoicing processes in an enterprise resource planning solution (ERP). A fit-to-standard solution for invoicing relies on the industry standard invoicing processes and workflows within an ERP system instead of using invoicing processes that are atypical and require custom code.

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Invoicing Planning SAP 166

CFO News

NOVEMBER 13, 2024

The GSTN advisory on the Invoice Management System (IMS) outlines how recipients can manage invoices in real-time, enhancing ITC accuracy and fostering transparency between suppliers and recipients.

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Invoicing 40

CFO News

MAY 10, 2023

Currently, the threshold for business annual turnover above Rs 10 crore is required to issue e-invoicing. The move is aimed at further improving compliance and further plugging gaps in revenue collection.

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Invoicing Compliance 98

CFO News

NOVEMBER 13, 2024

Input tax credit: The goods and services tax network (GSTN) has introduced a solution to help GST registered taxpayers into claiming the correct amount of input tax credit despite human error by the supplier in the invoice.

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Invoicing 40

CFO News

SEPTEMBER 9, 2024

The 54th GST Council meeting concluded on Monday unveiled major reforms, including new Groups of Ministers, tax rate adjustments, and a voluntary B2C e-invoicing pilot, shaping India's tax landscape. ETCFO brings to you key highlights

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B2C Invoicing 75

PYMNTS

MAY 14, 2020

American Express is teaming up with Invoiced to help customers with an exclusive offer for 40 percent off an Invoiced subscription for the first two years. percent still receive invoice information via paper mail. percent still receive invoice information via paper mail.

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Invoicing B2B Communication Accounting 96

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.".

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Invoicing Auditing B2B Accounts Payable 90

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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Invoicing Finance Banking Accounting 102

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.

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Invoicing Accounts Payable SAP B2B 88

PYMNTS

JANUARY 25, 2021

To help customers handle their accounts receivable (AR) while conserving time and financial resources, pre-accounting technology company Expensify unveiled a bolstered invoicing feature. Barret said in the release that Expensify is the first to develop a product that knows that each invoice a user sends is a bill than another entity gets.

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Invoicing Accounting Technology B2B 99

PYMNTS

JULY 27, 2020

Although there are countless ways a cybercriminal can swindle funds from a company — either from the outside or within — it’s often the invoice at the center of the crime. This week’s Data Digest looks at the latest in B2B payments fraud and the invoice’s role in supplier payment redirect scams, credential theft and more.

Invoicing 101

Invoicing Accounts Payable Advertising B2B 101

Future CFO

DECEMBER 28, 2022

The invoicing process encompasses much more than simply creating and transmitting an invoice. The total process cost per invoice includes the total cost of personnel, outsourcing, systems, overhead, and other allocations to these activities. per invoice. per invoice. Source: APQC. and top performers spent US$2.00.

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Invoicing Accounts Payable Accounting Sales 52

PYMNTS

MAY 20, 2020

To that end, Ajay Agrawal , CEO and founder of SirionLabs , told PYMNTS, “invoice leakage” occurs when firms do not have the ability to review invoices from their suppliers on a “granular level,” which leads to missed opportunities to spot discrepancies.

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Invoicing Auditing Technology Economics 78

CFO Selections

JUNE 21, 2023

Invoice factoring, also known as accounts receivable financing, improves cash flow by selling your company's outstanding invoices to a factoring company for a fee. Invoice factoring can be a powerful tool for improving cash flow, but it needs to be used wisely as part of a well-considered overall financial strategy.

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Invoicing CFO Accounting Finance 52

Future CFO

MAY 15, 2022

Finance leaders may have noticed one invoicing trend that emerged in the last couple of years – the way invoices arrive at their organisations has quite clearly changed. Now, with remote and hybrid work commonplace, most invoices are delivered through employees’ and the finance team’s email accounts. Automated verification.

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Invoicing Accounts Payable SAP Finance 52

Future CFO

JULY 24, 2022

ARQ, an Australian digital services provider, has selected MuleSoft to build efficient automation to streamline invoices, optimise onboarding and offboarding process, automate data processing, and support integration with Salesforce and ELMO software, Salesforce said recently.

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Invoicing Leverage Technology 52

CFO News

NOVEMBER 5, 2024

Starting April 1, 2025, businesses with an annual turnover exceeding ₹10 crore will face a 30-day limit for reporting e-invoices on the GST system. This change aims to prevent late tax payments and streamline the tax ecosystem. Previously, this restriction only applied to businesses with turnovers exceeding ₹100 crore.

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Invoicing 40

PYMNTS

OCTOBER 6, 2020

Against that backdrop, Aavenir recently announced an update to the Invoiceflow application that is geared toward making automatic invoicing even speedier through artificial intelligence (AI)-based invoice extraction. The updates, the company said, will speed invoice processing by 10 times and cut processing costs by 80 percent.

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Invoicing Accounts Payable Auditing Accounting 93

PYMNTS

JANUARY 11, 2021

The country's Infocomm Media Development Authority (IMDA) has listed xSuite among companies whose electronic-invoicing products are suitable for use with the Peppol system. Singapore uses an invoice format called InvoiceNow. The associated workflow also ensures SAP-integrated, automated processing of incoming invoices.

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Invoicing SAP B2B 79

PYMNTS

NOVEMBER 25, 2020

Companies long-used to sending and receiving paper invoices and checks are finding that digital methods can deliver funds and billing information at a far faster clip. B2B payments automation can save companies valuable time and make it easy for employees working from home to process invoices and reconcile payments.

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Invoicing Accounts Payable B2B CFO 95

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. Three-Way Invoice Matching. Forry noted that automating invoice processing and using three-way matching help prevent billing mistakes.

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Invoicing Retail Accounts Payable Manufacturing 89

PYMNTS

APRIL 27, 2020

Challenger bank Shine , a French startup, has introduced a new program to insure invoices to help make sure they are paid, according to a TechCrunch report. With Shine’s new service, after an invoice goes unpaid for a certain amount of time, the bank contacts the other company to remind them to pay.

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Invoicing B2B Startups Accounting 70

PYMNTS

JANUARY 13, 2021

Expense management technology provider Medius and international eDocument service company Pagero have collaborated to help companies handle digital invoices. The new collaboration lets their joint customer base get and handle digital invoices in different formats throughout the world, according to a Wednesday (Jan. 13) announcement.

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Invoicing Accounts Payable Compliance Accounting Firms 67

The SaaS CFO

AUGUST 3, 2020

And how does a booking differ from invoicing and revenue? The post Bookings vs Invoicing vs Revenue | The SaaS Revenue Cycle Explained appeared first on The SaaS CFO. But what is a booking? SaaS is full of metrics, but in this case, we are mixing SaaS and accounting terminology to make things even more confusing.

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Invoicing CFO Accounting 92

PYMNTS

APRIL 16, 2020

To assist small- and medium-sized businesses (SMBs) in keeping their cash flow safe from unpaid or late payments on invoices, Tide has rolled out a new invoice protection offering with the help of Hokodo , according to a press release. Hokodo handles the debt collection on invoices that are late.

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Invoicing Credit Risk Planning Banking 70

PYMNTS

APRIL 20, 2020

Finnish software firm Basware has announced an upgrade of its accounts payable (AP) automation solution to allow increased functionality for invoicing. AP Pro delivers a completely new user interface allowing easy tracking of invoices in all stages of processing,” said Basware Director of AP Automation Products Olav Maas.

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Invoicing Accounts Payable Accounting B2B 72

PYMNTS

JANUARY 16, 2020

B2B invoicing and payments firm Crowdz has announced a new pilot aimed at connecting businesses to crowdfunding services to finance their unpaid invoices. 16), Crowdz announced it is rolling out what it claims to be the world’s first invoice financing marketplace, InvoiceXchange, in pilot phase.

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Invoicing B2B Startups Finance 67

CFO Share

MARCH 2, 2023

The three most common types of AP fraud are: Fake vendors and invoices fraud Check fraud Expense reimbursement fraud Fake vendor invoice fraud Fake vendor fraud can be perpetrated by your internal accountant or an external con artist. Fake vendor invoice fraud varies in sophistication.

Invoicing 52

Invoicing Accounts Payable Auditing Education 52

CFO Dive

APRIL 8, 2024

Monitoring and keeping DSO in check is key to preventing cash flow difficulties, Allianz Trade’s Ano Kuhanathan says.

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Invoicing 184

PYMNTS

JULY 8, 2020

Both offerings, American Express said in its announcement , will “help businesses streamline and automate their invoicing and expense management processes.” Employees will be able to pay company invoices using American Express cards from within Concur Invoice.

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SAP Invoicing B2B Economics 68

PYMNTS

NOVEMBER 3, 2020

The company has connected its SecurePay payment gateway solution within the accounting platform, allowing for SMBs to generate invoices and receive payment without having to leave QuickBooks. According to Yakov, it can certainly support digitization of B2B payments, with SecurePay able to support both ACH and card transactions. "I

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Invoicing B2B Accounts Payable eCommerce 60

CFO News

AUGUST 20, 2023

Individuals may soon get rewarded for uploading GST invoice on a mobile app as the government is likely to launch the long awaited 'Mera Bill Mera Adhikar' scheme soon.

Invoicing 52

Invoicing Retail 52

PYMNTS

JANUARY 7, 2021

Payment processing technology developer PayJunction has rolled out a digital invoice function for companies that harness its virtual terminal offering, according to a Thursday (Jan. These workers can make an invoice, input particulars, connect it with a client’s work order or file and electronically send a request for approval and payment.

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Invoicing Construction Securities Technology 61

PYMNTS

JANUARY 21, 2020

According to Biller Genie CEO Thomas Aronica, that strategy begins with the invoice itself. “There is a very significant delay in the invoice-to-cash cycle,” Aronica told PYMNTS in a recent interview. Automating AR processes like invoice generation can significantly lower those costs by promoting digitization.

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Invoicing Accounting Profit and Loss B2B 64

CFO News

MAY 7, 2023

In an advisory to taxpayers on May 6, GST Network said it has been decided by the competent authority to defer the imposition of time limit of 7 days on reporting old e-invoices on the e-invoice IRP portals for taxpayers with aggregate turnover greater than or equal to Rs 100 crore by three months.

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Invoicing 52

PYMNTS

MAY 12, 2020

rolled out its Semantik Invoice cloud-based data acquisition product. The company said in an announcement that the out-of-the-box artificial intelligence (AI) technology has been shown to decrease costs and sizably reduce the time it takes for invoice processing, according to an announcement. days, AP processing is ripe for innovation.”

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Invoicing Accounts Payable Forecasting Accounting 68

CFO News

MARCH 14, 2023

The GST payers will now have a choice of more than one IRP through which they can register their e-invoices. This adds significant capacity and redundancy to the single e-invoice registration portal which existed earlier.

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Invoicing 52