Future CFO

SEPTEMBER 3, 2024

Source-to-Pay (S2P) and Procure-to-Pay (P2P) specialist Valtatech is integrating with Microsoft Dynamics 365 and the Pax8 marketplace to drive Malaysia’s ongoing e-invoicing transformation, according to a press release. The post Valtatech integrates with Microsoft to drive Malaysia’s e-invoicing transformation appeared first on FutureCFO.

Invoicing 52

Invoicing Auditing Economics Securities 52

Future CFO

FEBRUARY 2, 2025

Given that Asia has varying levels of technological readiness, Cheah suggests that finance heads look into the following: Diverse Digital Maturity: While tech-savvy markets are leading the way in AI adoption, many emerging APAC economies, still grapple with outdated systems, multiple systems and limited digital infrastructure.

Accounts Payable 52

Accounts Payable Accounting Invoicing CFO 52

CFO Plans

OCTOBER 29, 2024

Implementing automated invoicing systems can streamline the collection process, reducing outstanding debts and accelerating cash inflows. This approach aligns with small business cash strategies , ensuring companies have the flexibility to adapt to market changes and capitalize on growth prospects.

Accounts Payable 52

Accounts Payable CFO Budgeting Invoicing 52

PYMNTS

OCTOBER 30, 2020

Digitizing documents is key to optimizing workflows, but when it comes to the procure-to-pay space, not all digital invoices and purchase orders are created equal. XML invoices, which digitize the data on the invoice, are only a fraction of total invoice volume. What It Means to Be Digital.

Invoicing 110

Invoicing Cash Flow Forecasting Reconciliations Forecasting 110

CFO Talks

FEBRUARY 13, 2025

Send Invoices Promptly & Follow Up Regularly One of the main reasons businesses experience cash flow problems is the late issuance of invoices. An invoice serves as a formal request for payment, and the sooner it is sent, the sooner the customer can process and settle it.

Credit Risk 52

Credit Risk Invoicing Economics Securities 52

PYMNTS

JUNE 25, 2020

But as David Landsberg , co-founder and CEO of Peasy , recently told PYMNTS , these programs aren’t always effective, and can sometimes create a scenario in which a supplier accepts a steep discount on an invoice without ever actually being paid. Peasy recently launched in the U.K.

Invoicing 112

Invoicing Accounts Payable B2B Currencies 112

Future CFO

FEBRUARY 11, 2024

Electronic invoicing, known as e-invoicing, is the automated exchange of invoice information using a predefined electronic format. It improves efficiency, reduces cost, and gets supplier invoices paid much faster. This guide walks you through the various approaches e-invoicing is being adopted across three ASEAN markets.

Invoicing 52

Invoicing Marketing SAP Accounting 52

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.

B2B 116

B2B Accounts Payable Invoicing Manufacturing 116

PYMNTS

MARCH 30, 2020

The financial institution has reportedly vowed to pay all invoices with a balance of less than $9,600 within seven days. This week’s B2B data digest looks at some of the other businesses that are vowing to accelerate payments to their suppliers — and others that have decided to extend payment terms to support their own cash flow needs.

B2B 89

B2B Marketing Construction Invoicing 89

Navigator SAP

JUNE 24, 2022

An SAP system serves as a central nervous system for a life sciences business, consolidating data from each department including purchasing, inventory management, sales and marketing, human resources and planning. But QuickBooks or Xero isn’t enough , despite the marketing material from those companies.

Pharmaceutical 246

Pharmaceutical SAP Manufacturing Compliance 246

PYMNTS

JANUARY 20, 2021

Among the largest is the ongoing use of paper and manual workflows like invoice processing. Manual invoicing is your worst enemy,” said Ramachandran, highlighting its risks and challenges related to fraud, errors and inefficient auditing.

B2B 125

B2B Invoicing Prioritization Corporate Finance 125

Global Finance

FEBRUARY 5, 2025

Although generally available in the consumer market for about a decade, the electronic payment model of buy-now-pay-later (BNPL) is finally bearing fruit for micro, small and midsize enterprises (MSMEs) by avoiding interest payments on corporate credit cards, reducing paperwork, facilitating quicker transactions, and improving liquidity management.

B2C 52

B2C B2B Invoicing Credit Risk 52

PYMNTS

NOVEMBER 23, 2020

Amid the market uncertainty of the pandemic, small business owners often have to do more with less, and they're expecting the financial technology solutions they use to do the same. That need has only grown amid market uncertainty, leaving opportunity for FinTech solutions to support seamless payments and cash management tools for SMBs.

Finance 106

Finance Invoicing Cash Management Reconciliations 106

PYMNTS

DECEMBER 14, 2020

Amid market volatility, organizations are finding it imperative to accelerate their accounts receivables while extending accounts payables and still maintaining positive buyer-supplier relationships. Most of the companies I talk to in the middle market will use one of the big ERPs and invariably pull the data into Excel.

Accounts Payable 123

Accounts Payable Cash Flow Forecasting Invoicing Prioritization 123

Global Finance

FEBRUARY 4, 2025

It also boosts adaptability and maintains stability in challenging markets. According to a report published by market research and consulting firm IMARC Group, the global SCF market reached $7.5 According to a report published by market research and consulting firm IMARC Group, the global SCF market reached $7.5

Finance 52

Finance Invoicing Banking Manufacturing 52

PYMNTS

JULY 7, 2020

Overall, the pandemic has forced the industry to pivot toward digital offerings, especially mobile offerings, digital checkout , contactless payments and digital invoicing, a bit more quickly. Park offered the illustration where a big box retailer sends invoices to customers through mobile means and customers pick up curbside.

Invoicing 113

Invoicing Education eCommerce Accounting 113

PYMNTS

SEPTEMBER 29, 2020

These legacy methods often reduce the speeds at which firms deliver invoices and follow up on overdue payments, as they are less efficient for prioritizing collections. The pandemic is also prompting a significant share of firms to change their payment terms and credit limits as well as adopt digital invoicing and payment methods.

Accounting 121

Accounting B2B Invoicing Prioritization 121

Bramasol

JANUARY 28, 2025

Automation of routine tasks like invoice matching and exception handling. SAP Business AI in Sales, Services, Marketing, and Commerce boosts productivity and improves workflow. Essentially, it leverages AI to streamline operations and enhance customer journeys throughout the entire sales and marketing funnel.

SAP 70

SAP Data Analysis Leverage Manufacturing 70

PYMNTS

SEPTEMBER 15, 2020

Emerging markets have their own challenges when it comes to banking, where big, traditional financial institutions (FIs) are anything but efficient. For the traditional FIs, evolution is slow, he said, in what has traditionally been a “swipe” market, and where in a swipe market, fraud has traditionally been borne by the issuer.

Banking 103

Banking Invoicing Accounting Leverage 103

PYMNTS

JANUARY 18, 2021

This week's B2B Data Digest takes a look at the numbers behind the latest instances of fraud, including fraudulent invoices, corporate tax scams and more. $19 270,000 worth of falsified invoices landed an 11-year ban for one U.K. 19 million in shipping scams hit Amazon , according to U.S. Homeland Security investigators.

Invoicing 87

Invoicing Accounts Payable B2B Securities 87

CFO Talks

OCTOBER 3, 2024

Invoice and Billing Fraud Invoice and billing fraud occurs when employees or external parties manipulate the invoicing process, such as creating fake invoices, duplicating payments, or billing for undelivered goods or services.

Invoicing 98

Invoicing Auditing Benchmarking Reconciliations 98

Adam Kae

MAY 30, 2023

Greetings, digital marketing agency owners! Just as marketing automation has transformed the way we engage with our target audience, financial automation empowers us to simplify and streamline various financial tasks, including invoicing, expense tracking, and reporting.

Marketing 52

Marketing Invoicing CFO Reconciliations 52

CFO Talks

MARCH 4, 2025

Quick Tip: Review your business finances at least quarterly and make adjustments based on the latest market trends. Market Risks Are you relying too much on one big client or product? Process Automation Using tech to handle invoices, payroll, and reports can save money and reduce errors. So how do you prepare for uncertainty?

Budgeting 52

Budgeting Forecasting Invoicing Sales 52

PYMNTS

FEBRUARY 26, 2020

Research predicts the global ERP software market to grow double-digit percentage points over the next several years, reaching $70.3 AP automation simplifies the invoicing process to the extent that it can cut the cost of processing a single invoice to $2.74 — far less than the industry average of $15.02. billion by 2025.

Invoicing 83

Invoicing Accounts Payable Reconciliations Accounting 83

PYMNTS

JUNE 23, 2020

Large companies may receive thousands of monthly invoices that must be processed quickly and economically, and firms of all sizes need to track payment obligations and issue funds. The accounts payable (AP) automation market is expected to grow from $1.6 on average to process a single invoice in 2019, for example.

Accounts Payable 85

Accounts Payable Invoicing Treasury SAP 85

Future CFO

MARCH 16, 2022

It has an automated approval process so that when I create an invoice, my manager automatically receives a notification that the invoice has been submitted,” Somosundaram said. She suggests understanding current trends in the market and to consider how these trends will help the company or finance team to improve.

Finance 98

Finance Accounts Payable Invoicing Compliance 98

PYMNTS

FEBRUARY 11, 2020

Cloud accounting firm Xero and payments services company Square are collaborating to offer small businesses a tool for faster invoicing and payments, according to reports on Tuesday (Feb. Small and medium-sized businesses (SMBs) using Xero can email invoices with the built-in Square payment functionality. and Ireland.

B2B 83

B2B Invoicing Reconciliations Sales 83

PYMNTS

NOVEMBER 23, 2020

Now, amid the coronavirus crisis, many of those SMBs are getting hit even harder as supply chain disruptions, sluggish business and shutdowns have created a ripple effect of delayed invoice payments. 46 percent of small business invoices were paid late during the pandemic lockdown in the U.K.

Invoicing 82

Invoicing B2B Leadership Numbers 82

Future CFO

AUGUST 1, 2023

The demand for mobile wallets, online banking services, and the increasing adoption of digital technologies has led to the expansion of the financial applications market in Asia/Pacific. As a result, the market for cloud-based financial applications in the region will witness significant growth in the coming years. "As

Invoicing 98

Invoicing General Ledger Reconciliations Budgeting 98

PYMNTS

NOVEMBER 8, 2020

Australian cloud expense and software provider expensemanager has partnered with Sage Intacct to offer cloud expertise and invoice management on the latter company's Intacct Marketplace, a press release says. Eileen Wiens , VP of business development for Sage Intacct, said the partnership would boost efficiency.

Invoicing 79

Invoicing Marketing Technology Accounts Payable 79

PYMNTS

FEBRUARY 28, 2020

Purchase, invoice and transaction data are invaluable to the journey of digitization and automation, but organizations are increasingly recognizing that the value can only be realized if that data can integrate seamlessly across platforms. B2B payments market. Going Further With Open Banking.

Accounts Payable 83

Accounts Payable Banking Invoicing B2B 83

PYMNTS

AUGUST 3, 2020

It’s one factor in why so few challenger banks have launched in the country compared to markets like the U.K., However, there are efforts to lower the barriers to entry for market newcomers. where challenger banking has flourished in recent years. Normalizing Digital Assets. As a whole, the U.S. “The U.S.

Treasury 117

Treasury Currencies Invoicing Cash Management 117

PYMNTS

NOVEMBER 25, 2020

Furthermore, FreshBooks has sped up its expansion in the British market by rolling out a marketing effort designed to reach those who own companies in Britain. In September, the company said it bought Mexico-based digital invoicing company Facturama.

Accounting 94

Accounting Invoicing Finance Planning 94

PYMNTS

JUNE 24, 2020

For Medius, working with middle market and large enterprises means offering an invoice automation solution that can integrate seamlessly with enterprise resource planning (ERP) systems and other back-office portals for a fully automated, digital workflow. Meeting SMBs Halfway.

Invoicing 77

Invoicing Accounts Payable B2B Technology 77

PYMNTS

DECEMBER 15, 2020

But there are other pain points in B2B payments for the legal cannabis market, according to Doug Gordon , executive vice president and head of LeafLink Financial. Legal cannabis is generally a new industry, as Gordon discussed, meaning the market is dominated by startups. Challenges 'On Steroids'.

B2B 111

B2B Accounts Payable Startups Invoicing 111

Bramasol

FEBRUARY 9, 2024

Service providers need flexible and highly scalable systems that can handle the intricate calculations and billing adjustments required to accurately invoice customers, reducing the risk of errors and disputes. Efficient billing and invoicing processes are crucial to assure a positive customer experience.

SAP 85

SAP Compliance Invoicing Leverage 85

Navigator SAP

FEBRUARY 17, 2022

Marketing and Sales Artificial intelligence helps marketing and sales teams automate processes and save a lot of time with administrative tasks. Sales data related to customer visits, expenses, shipping, invoicing, forecasting, and competitor analysis are all available in one place.

SAP 130

SAP Invoicing Manufacturing Compliance 130