PYMNTS

JUNE 17, 2020

Keeping the trade engines moving is vital to the recovery of the global economy, but even as deals are struck and sales are made, businesses aren’t guaranteed the cash flow to sustain their operations. “Invoice finance is a very effective way for suppliers to obtain fast and affordable working capital,” he said.

Invoicing 68

Invoicing Finance B2B Credit Risk 68

PYMNTS

OCTOBER 22, 2020

Old-school business-to-business (B2B) transaction methods like sending and waiting on checks and physical invoices are more difficult to stick with now that many offices are closed and financial teams are working from home. trillion worth of sales by 2024. trillion worth of sales by 2024.

Invoicing 63

Invoicing B2B Foreign Exchange Accounts Payable 63

CFO Thought Leader

OCTOBER 29, 2024

Once the board approved the plan, Gronen led efforts to align sales teams and streamline processes. Subsequent roles at Technosource and VPay expanded his skills into operations, sales, and human resources, giving him the well-rounded experience necessary for senior leadership. Automation shortens this process to just a minute or two.

Mergers and Acquisitions (M&A) 52

Mergers and Acquisitions (M&A) CFO Finance Profit and Loss 52

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

Invoicing 60

Invoicing B2B Accounts Payable eCommerce 60

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. Life sciences firms are no exception. But QuickBooks or Xero isn’t enough , despite the marketing material from those companies.

Pharmaceutical 246

Pharmaceutical SAP Manufacturing Compliance 246

Bramasol

JANUARY 28, 2025

SAP S/4HANA Cloud Private Edition also introduced new features, including AI-assisted master data governance, AI-assisted sales order fulfillment monitoring, AI-assisted conversational planning, and more. Automation of routine tasks like invoice matching and exception handling.

SAP 70

SAP Data Analysis Leverage Manufacturing 70

Bramasol

NOVEMBER 11, 2024

For example, SAP's Order-to-Cash portfolio, formerly known as BRIM , offers a suite of applications, including Subscription Order Management, Subscription Billing, Convergent Charging, Convergent Mediation, Convergent Invoicing, and Entitlement Management, along with SAP Revenue Accounting & Reporting (RAR) for revenue compliance.

SAP 93

SAP Compliance Leverage Invoicing 93

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.

Invoicing 52

Invoicing Accounts Payable Accounting Sales 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

CFO Talks

MARCH 4, 2025

This way, if sales dip, costs rise, or new opportunities appear, you can adjust your strategy instead of sticking to an outdated plan. Financial dashboards Real-time insights on sales, expenses, and profits help you spot trends early. Predictive analytics Past sales patterns can help forecast future demand.

Budgeting 52

Budgeting Forecasting Invoicing Sales 52

PYMNTS

APRIL 29, 2020

The report also dives into the need for localized eCommerce payments and how platforms can ease digital merchants’ cross-border sales. In this month’s Feature Story, they discuss identifying the payment instruments and timelines needed to encourage sales across Europe. Around The eCommerce Payments World.

Sales 77

Sales eCommerce Risk Analysis Currencies 77

PYMNTS

OCTOBER 23, 2020

We have deep dives on Apple Pay, cross-border invoices and J.P. JPMorgan Takes On Square And PayPal At The Point Of Sale. Firms are more and more automating inputting invoices, printing paper checks and other past manual work to survive as staffers telecommute. . Report: Overcoming Cross-Border Invoice Complexities.

Invoicing 59

Invoicing Healthcare Currencies Forecasting 59

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

SEPTEMBER 18, 2020

Another 62 percent of businesses and 78 percent of individual sellers in the study (which included more than 1,000 businesses and individuals generating up to $10 million in sales) reported that they use marketplaces to reach more customers. The settlement wait can be several days in length, with even longer lag times over a holiday weekend.

Sales 141

Sales Prioritization eCommerce Invoicing 141

CFO Talks

OCTOBER 3, 2024

Cash Handling Issues : Missing deposits, discrepancies between sales records and bank deposits, or unauthorised cash disbursements are red flags. Regular Reconciliations : Perform surprise cash counts and inventory checks and reconcile sales and deposit records frequently. Investigate any discrepancies promptly.

Invoicing 98

Invoicing Auditing Benchmarking Reconciliations 98

PYMNTS

FEBRUARY 20, 2020

PYMNTS recently caught up with Lilian Shen, director of marketing at B2B furniture rental firm CORT Events , to learn more about how flexible, digital B2B sales channels and visual supports are key to sealing the deal with event planners. The company works with a major credit processor that handles payment data and its encryption. .

B2B 67

B2B eCommerce Sales B2C 67

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

PYMNTS

DECEMBER 15, 2020

Interest in upgrading AR processes is particularly high for invoice delivery and payment acceptance capabilities — two key functions that have been particularly impacted by the pandemic. The report further explores how automation can help firms improve their collection cycles and reduce the average days sales outstanding (DSO).

Construction 111

Construction Healthcare Invoicing Advertising 111

The Charity CFO

FEBRUARY 4, 2022

Create invoices for goods, services, and donations. Enter bills and vendor invoices. Let’s take a deeper look at the four key bookkeeping tasks: payroll, invoicing, expense allocation, and recording business transactions. . Invoicing . Even if your nonprofit isn’t selling anything, you’ll still need to process invoices.

Nonprofit 98

Nonprofit Invoicing General Ledger Accounting 98

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

PYMNTS

DECEMBER 14, 2020

The problem with this strategy, however, is that when every company is looking get paid more quickly but pay their own invoices later, B2B buyers and vendors quickly find themselves in a position in which their own cash flow goals contradict each other.

Accounts Payable 123

Accounts Payable Cash Flow Forecasting Invoicing Prioritization 123

Bramasol

APRIL 8, 2022

Key topics will include: • Sales Order Management (SOM) • Convergent Charging / Convergent Invoicing (CC/CI) • Contract Accounts Receivable and Payable (FI CA) • Convergent Mediation (CM). If you’re implementing subscription-based offerings, don't miss this webinar.

Compliance 90

Compliance SAP Invoicing Sales 90

CFO Share

MAY 18, 2023

Value-added Tax (VAT) and sales tax are both consumption taxes assessed on the consumer at point of sale. The difference between VAT and sales tax is what gets taxed: sales tax is assessed on tangible personal property (products, materials, and goods) whereas VAT is assessed on both goods and services.

Sales 52

Sales Tax Planning Compliance Invoicing 52

PYMNTS

DECEMBER 11, 2020

Speaking with PYMNTS, Adams, who is also CEO of Anduin, and Morrell, vice president of Sales, discussed how automation can support healthier cash flow for accounting firms, and explored the ways technologies like machine learning (ML) can drive value even further for both accountants and their clients. The Customer Experience.

Accounting 89

Accounting Invoicing Accounting Firms Forecasting 89

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

NOVEMBER 10, 2020

They can confront problems ranging from incorrect invoices and inadequate cash reserves to late payments from customers or to vendors — all of which require time and money to solve. AI solutions can also more accurately compare inventory levels and sales, preventing employee theft. A study found that 74.2

Invoicing 87

Invoicing Accounts Payable Treasury Sales 87

PYMNTS

SEPTEMBER 10, 2019

EVO’s strong sales focus and partner relationships will allow us to expand our distribution to new customers. Delego in May rolled out PayCenter, an SAP-integrated tool for invoicing and payments to digitize and streamline accounts receivable.

SAP 81

SAP B2B Invoicing Leverage 81

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

PYMNTS

AUGUST 17, 2020

9 in 10 of ASX 100 companies were found to have lapsed security strategies that allow for email spoofing and invoice scams , a new report from Agari said. The Financial Times cited documents that suggest the invoice fraud scheme allowed NMC to secure loans in the UAE via Neopharma.

Invoicing 94

Invoicing Accounts Payable Pharmaceutical Healthcare 94

CFO Share

JUNE 18, 2024

Avoid Overloading Your Accounting Software Many bookkeepers think accounting software should be the ultimate source of truth for all data – bills, payroll, inventory, sales transactions, etc. For instance, inventory management, point-of-sale summaries, and payroll should be handled by their respective systems and reconciled at month-end.

General Ledger 105

General Ledger CFO Accounts Payable Financial Data 105

PYMNTS

MARCH 26, 2020

Growing awareness of the cash flow pain caused by late B2B payments has led to increased calls to incentivize, and in some cases even mandate that larger corporates accelerate their invoice payment processes when working with small suppliers. In all, more than one-third of businesses surveyed admitted to this slip-up.

B2B 72

B2B Accounting Invoicing Accounts Payable 72

PYMNTS

NOVEMBER 11, 2020

The Playbook also calls out “three-way invoice matching — in which staff must compare invoices to purchase orders and goods received notes,” and the frustrations that brings, but automation can reduce these stresses by matching these invoices automatically. Clearly, there are issues. A recent survey found that 74.2

Invoicing 87

Invoicing Accounts Payable Treasury Reconciliations 87

CFO Leadership

JANUARY 5, 2024

High-impact areas to automate include invoice processing, the financial close, and internal controls. Perhaps one of the most significant shifts worth noting is the growing number of e-invoicing mandates globally. Then you can automate much of the invoice creation and distribution process to help decrease days sales outstanding.

CFO 97

CFO Invoicing Cash Management Leadership 97

PYMNTS

NOVEMBER 17, 2020

Many [B2B] companies are still processing cross-border payments through wire transfers, which is quite horrendous and sometimes requires senders to fax paper invoices to the recipients,” Prados said. “So So how do you do that when you have all of your employees working from home?”. That adoption trend applies to every single B2B channel.

B2B 108

B2B Invoicing eCommerce Securities 108

PYMNTS

DECEMBER 15, 2020

Retailers were being approached by sales reps, inventory was being managed on white boards and sales were in spreadsheets," Gordon said. By purchasing the invoice from the buyer, the company pays vendors via ACH upon delivery, while allowing those suppliers to offer payment terms to their customers.

B2B 111

B2B Accounts Payable Startups Invoicing 111

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. “Sales is probably the easy part,” said Cichy. Going Further With Open Banking.

Accounts Payable 83

Accounts Payable Banking Invoicing B2B 83

CFO Simplified

AUGUST 18, 2022

The cash gap, also known as the “Cash Conversion Cycle” (CCC), measures the time between when you need to write a check for your payables or payroll and when you receive payment of the invoices for the items you’ve sold. Days’ Receivables = Accounts Receivable / (Annual Sales / 365). Days’ Receivables. Days’ Payables.

Accounts Payable 105

Accounts Payable Invoicing Accounting Sales 105