PYMNTS

NOVEMBER 26, 2020

These firms are also looking to process invoices faster and more efficiently, and they are adopting automations that can rapidly interpret invoice-related information and flow it into their systems. . That means leaving old-fashioned AR methods behind, as many corporate clients no longer want to receive invoices in the mail. . “It

Invoicing 67

Invoicing B2B Accounts Payable Reconciliations 67

PYMNTS

MAY 20, 2019

TransferMate Global Payments, the cross-border B2B payments provider, announced Monday (May 20) it inked a deal with Wells Fargo to deliver its Global Invoice Connect platform for U.S. In a press release , TransferMate said its Global Invoice Connect Platform enables U.S. based international businesses.

Invoicing 53

Invoicing Foreign Exchange Reconciliations Currencies 53

PYMNTS

OCTOBER 20, 2020

Accounts payable and payments automation solution MineralTree has added automated PO and invoice matching for cloud-based accounting and financial management platform Sage Intacct , a press release says. The process of reconciling and matching invoices, when done manually, can be a time-consuming process for businesses, the release says.

Invoicing 52

Invoicing Accounts Payable Reconciliations Healthcare 52

PYMNTS

MAY 16, 2016

The innovators at SmartStream Technologies have introduced the first solution from its SmartLabs innovation center, and it’s a tool for financial services companies to streamline the reconciliation process. According to the company, it takes only minutes for the solution to identify matches and invoice exceptions.

Reconciliations 40

Reconciliations Invoicing Technology Sales 40

PYMNTS

MARCH 18, 2020

There are many benefits to corporates’ digitization initiatives and cloud migrations – yet as today’s global markets are quickly realizing, there is one critical advantage: the ability to quickly adjust to work-from-home recommendations and mandates. Lockbox Data Headaches. ” asked Biegel. Automating Lockbox Data – And Beyond.

Reconciliations 80

Reconciliations Invoicing Communication B2B 80

CFO News Room

DECEMBER 16, 2021

These would include eliminating reconciliations altogether (by implementing integrated modules such as fixed assets) or performing reconciliations continually during the period rather than during the period close. . Also, keep abreast of the technology market and how this can be used to automate and improve processes.

Reconciliations 130

Reconciliations CFO Finance Invoicing 130

PYMNTS

DECEMBER 15, 2017

Complex on so many levels, especially when it comes to payments and, more specifically, invoicing, where demands for payment are tracked through paper and electronic means. Via its cross-border reconciliation network, Flywire can collect and reconcile those payments immediately and accurately.

Invoicing 48

Invoicing Reconciliations Currencies Education 48

PYMNTS

NOVEMBER 20, 2019

Citi noted traditional methods of cross-border accounts receivable are inefficient, involving multiple collections service providers with silos between invoicing, collection and reconciliation. The platform integrates cross-border billing, payment acceptance and reconciliation into a single solution. “In

Accounting 83

Accounting Reconciliations Invoicing Currencies 83

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 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

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 18, 2020

She said data can be the glue that helps ensure payments are interconnected and reconciled automatically – and reconciliation can be likened to the “holy grail” of treasury management. Chayt added that the move toward real-time reconciliation marks a new phase in the evolution of real-time processes. Eyeing Efficiency .

Reconciliations 98

Reconciliations B2B Treasury Banking 98

PYMNTS

FEBRUARY 19, 2018

Travel booking company Webjet , based in Australia, has launched a blockchain solution for the hotel industry to manage reconciliation in hotel distribution. According to Webjet, the company tested the solution in-house with its own B2B partners before rolling it out to market.

Reconciliations 43

Reconciliations B2B Accounts Payable Invoicing 43

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

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

JULY 10, 2019

FLEETCOR -owned Cambridge Global Payments has announced the launch of its Invoice Automation Solution. The service automatically extracts data from invoices, PDFs and other trade documents and automates accounts payable while storing payables information for reconciliation and accounting.

Foreign Exchange 64

Foreign Exchange Accounts Payable Invoicing Reconciliations 64

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

CFO Talks

OCTOBER 3, 2024

Regular Reconciliations : Perform surprise cash counts and inventory checks and reconcile sales and deposit records frequently. Unfamiliar Vendors : Be wary of invoices from vendors that don’t appear in your approved vendor list or who are not fully vetted. Investigate any discrepancies promptly.

Invoicing 98

Invoicing Auditing Benchmarking Reconciliations 98

PYMNTS

MARCH 3, 2020

Late payments, invoice disputes and even fraud are all glaring red flags of AR inefficiencies and friction. The proliferation of this available data makes the onboarding process even more crucial than it’s ever been — particularly if you’re selling something that’s got an after-market demand,” he said. Invoice-to-Cash Optimization.

Accounting 74

Accounting Invoicing Reconciliations B2B 74

PYMNTS

AUGUST 2, 2018

Accounts receivable (AR) management solutions provider Invoiced has enhanced its platform through a partnership with U.K.-based The company announced in a press release Wednesday (August 1) that its collaboration with GoCardless enables businesses to support direct debit payments when they invoice their customers.

Invoicing 40

Invoicing Accounting Reconciliations Currencies 40

PYMNTS

JANUARY 5, 2017

Ricoh Canada revealed this week the launch of its eInvoice Presentment & Payment Service, a solution to help businesses provide electronic invoices to clients and accept payment. Electronic invoicing is considered key to improving B2B payments and processes.

Invoicing 40

Invoicing B2B Accounts Payable Reconciliations 40

PYMNTS

AUGUST 19, 2020

Offering competitive pricing is critical in today’s market, as businesses’ budgets are growing tighter. Again, noted Fordyce, this can take many forms — from automating invoice reconciliation to addressing a user’s resource constraints. That’s not always easy in a period of market volatility, however.

Accounts Payable 127

Accounts Payable B2B Reconciliations Banking 127

PYMNTS

JUNE 16, 2020

That’s true in terms of getting gig work solutions to market, and as a core characteristic of those solutions. Many still use manual invoicing systems that can slow payment processes. This means that tools capable of speeding payments and invoice approvals are critical.”. Manual Reconciliation, Begone.

Reconciliations 67

Reconciliations Invoicing Accounts Payable Auditing 67

PYMNTS

NOVEMBER 25, 2020

While B2B FinTech innovation has flourished in recent years, Bloh noted that many emerging B2B payment services on the market don’t necessarily facilitate a deeper connection between buyer and supplier. Today, suppliers that receive a transaction may see funds weeks after an invoice is issued. The Account-To-Account Connection.

B2B 116

B2B Invoicing Reconciliations Accounting 116

PYMNTS

FEBRUARY 7, 2019

businesses, expanding into a market that Yooz Director Magali Michel said “offers an outstanding environment for global technology companies, with its strong startup culture and an appetite for innovation and new technologies.” Procure-to-pay software company Yooz plans to expand into the U.K.,

Accounts Payable 49

Accounts Payable Marketing Invoicing Reconciliations 49

PYMNTS

DECEMBER 30, 2020

The shift toward contextual banking has a tailwind in place as the financial institutions (FIs) that have been market leaders have been seeing strong deposit growth — and as corporate customers are growing those balances, they want to be able to see their account activity and cash balances visible within the same application on demand.

Banking 97

Banking Accounts Payable Treasury Reconciliations 97

PYMNTS

SEPTEMBER 27, 2020

The two companies have already worked together for the past two years, the release noted, with the partnership growing last year with Electronic Invoice Presentment and Payment (EIPP) and Virtual Card Processing (VCP) tools. The agreement made all of HighRadius' products available for Commerce Bank clients.

Banking 89

Banking Treasury Reconciliations Invoicing 89

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

OCTOBER 31, 2017

The beauty of paying with a check is, typically, the check is accompanied with the invoice, and all the information is there in front of you,” he recently told PYMNTS. You have the invoice, the check, the bank information — everything is there.”. There’s a big issue about connecting an electronic payment to an invoice,” he added.

Invoicing 41

Invoicing Treasury Reconciliations B2B 41

CFO Share

JUNE 18, 2024

Practice reconciliation both with and without the integration. Here’s ideas on how you can implement this process: Sales – validates client invoicing. Purchasing – validates accounts payable invoices. Analyze financial data to make informed decisions about hiring new employees or expanding into new markets.

General Ledger 105

General Ledger CFO Accounts Payable Financial Data 105

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

PYMNTS

JULY 10, 2019

The payments and technology giant announced Tuesday (July 9) the rollout of its Virtual Card Receivables Service, a tool to digitize the virtual card payment acceptance and reconciliation process for businesses.

Cash Flow Forecasting 62

Cash Flow Forecasting Reconciliations Invoicing B2B 62

PYMNTS

OCTOBER 14, 2020

Unlike solutions on the market today that only offer a handful of ERP integrations and require a manual intervention to complete a payment, RegalPay One offers a bank-branded platform that connects directly to their corporate customers' ERP system," Ed Wertzberger , vice president of solution delivery for Regal Software, said in the announcement.

B2B 82

B2B Banking Accounts Payable Reconciliations 82

PYMNTS

DECEMBER 30, 2020

That's especially true, he told PYMNTS , when it comes to capturing data from purchase orders and invoices to accelerate document processing and reconciliation. There is also the rise of "pay-one, pay-all invoices," which sees businesses able to batch together outstanding invoices and pay them all at once to save time and money.

B2B 119

B2B Accounts Payable Invoicing B2C 119

PYMNTS

FEBRUARY 26, 2020

Accounts payable and finance departments in the middle market want to invest in growth, in products, in service, in people — they don’t want to invest in suppliers or supplier-related processes,” he said, highlighting the supplier management and communication component of AP that is becoming increasingly important.

Accounts Payable 72

Accounts Payable Accounting Invoicing General Ledger 72

PYMNTS

NOVEMBER 8, 2018

7) said Coupa Pay is making its market debut with a range of both payment and business financing solutions. A single-use Barclaycard credit card number is created to pay the supplier, which is followed by automatic reconciliation. Two press releases issued Wednesday (Nov. “It inherently offers a twofold advantage.

Invoicing 65

Invoicing Reconciliations B2B Finance 65

PYMNTS

DECEMBER 18, 2020

Something’s going to happen with paper checks, paper invoicing — the whole paper thing on a grand scale — and businesses need to be ready for that eventuality. This makes sense because manual processes reduce the speed at which firms deliver invoices and follow up on overdue payments, reducing efficiency when prioritizing collections.

Treasury 76

Treasury Invoicing B2B Reconciliations 76