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.

Invoicing 90

Invoicing Auditing B2B Accounts Payable 90

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. This could mean adopting new accounts payable (AP), accounts receivable (AR) and other treasury strategies and technologies, for example. Around The B2B Payments World.

Invoicing 95

Invoicing Accounts Payable B2B CFO 95

CFO Talks

OCTOBER 31, 2024

Late payments or unpaid invoices can seriously impact cash flow, making it harder to cover essential expenses like paying employees, suppliers, or rent. By monitoring outstanding invoices regularly, you can spot changes in payment patterns. Use accounting software to track outstanding invoices and automate payment reminders.

Credit Risk 95

Credit Risk Invoicing Sales CFO 95

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.

Invoicing 93

Invoicing Accounts Payable Auditing Accounting 93

Future CFO

MARCH 10, 2025

Current industry research suggests that AI technologies are gaining traction among finance professionals navigating a complex landscape marked by rapid change. However, the adoption rate varies significantly across the region, influenced by technological maturity and cultural attitudes towards innovation.

Finance 52

Finance Invoicing Compliance Leverage 52

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.

Invoicing 89

Invoicing Retail Accounts Payable Manufacturing 89

CFO News Room

DECEMBER 1, 2022

Financial planning technology, in particular, has allowed advisors to automate time-intensive back-office tasks and delegate routine analyses to support staff, freeing up their time to engage more personally with clients.

Technology 130

Technology Planning Investments Leverage 130

CFO Talks

DECEMBER 3, 2024

Embrace Technology and Automation Technology is a CFO’s best friend when balancing cost and service. For instance, using automated invoicing software could save hours of manual work, enabling your team to focus on higher-value tasks like analysing trends or forecasting.

CFO 84

CFO Financial Analysis Invoicing Economics 84

PYMNTS

AUGUST 9, 2020

Due to the SAP Ariba Network, suppliers have access to better visibility for invoices and orders, with the ability to self-manage account information, submit invoices electronically and receive new purchase orders. Strides have been made lately toward eliminating late invoice payments, PYMNTS reported.

SAP 144

SAP Invoicing Risk Management Education 144

Bramasol

NOVEMBER 11, 2024

Innovation and Updates: SAP regularly updates its cloud solutions with the latest features and innovations, ensuring that businesses can leverage cutting-edge technologies without the need for significant system overhauls. This is particularly beneficial for companies anticipating rapid expansion or fluctuating demands.

SAP 92

SAP Compliance Leverage Invoicing 92

CFO News

DECEMBER 26, 2024

In 2024, Indias GST framework saw measures like the Amnesty Scheme, e-invoicing mandates, biometric authentication, and GSTAT operationalisation, streamlining compliance, reducing disputes, and enhancing technology.

Invoicing 75

Invoicing Compliance Technology 75

Global Finance

JUNE 6, 2024

Africa And Middle East MNT-Halan MNT-Halan developed innovative technology that provides a digital solution for unbanked populations. Central And Eastern Europe Payment institution Roger Payment institution Roger (PiR), a fintech based in the Czech Republic, has developed the region’s first service for automated invoice verification.

Technology 59

Technology Invoicing Finance Compliance 59

Future CFO

FEBRUARY 2, 2025

In navigating the current world that is ever-changing, evolving constantly with various technological advancements that almost always force their way in to day-to-day routines of organisations, it is a no-brainer that the Finance function has shifted its focus on artificial intelligence for some time now.

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. Embracing Technology for Financial Modernization Digital transformation is a game-changer in modernizing financial operations. Learn How to Enhance Your Cash Flow with these proven strategies.

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

PYMNTS

JUNE 25, 2020

As accounts payable (AP) and accounts receivable (AR) operations continue to converge for many organizations, buyers and suppliers are increasingly acknowledging the value of using each other’s technology platforms to promote stronger B2B relationships. Peasy recently launched in the U.K.

Invoicing 112

Invoicing Accounts Payable B2B Currencies 112

https://trustedcfosolutions.com/feed/

MARCH 22, 2023

The Tech Stack for Your Accounts Payable Technology has revolutionized how we do business, and accounting is no exception. You can track invoices, payments, and expenses in real time and securely access your financial data from anywhere. Optical Character Recognition (OCR) Technology. Electronic Payment Systems.

Accounts Payable 108

Accounts Payable Accounting Invoicing Reconciliations 108

PYMNTS

AUGUST 14, 2020

AP team members who are working from home need to receive invoices easily, monitor upcoming bill due dates and approve or issue payments. One key solution is invoice processing automation, which works to extract information from paper or PDF supplier invoices. Working Efficiently From Home .

Invoicing 106

Invoicing Economics Budgeting Forecasting 106

E78 Partners

APRIL 26, 2024

TEM benchmarking involves comparing an organization’s technology expenses, processes, and performance against industry standards or similar companies to identify areas for improvement and optimization. Strategic sourcing with E78 Companies should have clear visibility to technology market rates without paying a surcharge for expertise.

Technology 64

Technology Benchmarking Auditing Invoicing 64

PYMNTS

DECEMBER 29, 2020

Chanda discussed his predictions for the B2B payments landscape in 2021, including how organizations will make progress in pursuit of the "perfect payment," and what technologies like artificial intelligence (AI), robotics process automation (RPA) and application programming interfaces ( APIs ) can do to tackle some of the biggest pain points.

B2B 114

B2B Reconciliations Accounts Payable Invoicing 114

CFO Plans

MARCH 10, 2025

Establishing clear payment terms, offering early payment incentives, and utilizing innovative technology to streamline invoicing are crucial measures. Leveraging Technology for Financial Efficiency Incorporating technology and digital tools into financial operations is increasingly important.

Economics 52

Economics CFO Risk Management Leverage 52

PYMNTS

DECEMBER 15, 2020

The good news, however, is that two-thirds of firms are cognizant of these issues and are actively moving away from manual processes, planning instead to embrace new technological solutions to upgrade their accounts receivable (AR) processes for more efficiency, speed and lower fees. percent of firms in the construction sector, yet 28.2

Construction 111

Construction Healthcare Invoicing Advertising 111

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

FEBRUARY 14, 2020

Supply chain management has always presented a challenge for global corporates, with digitization and automation technology aiming to reduce friction and enhance visibility. Compain proposed another example of lengthy invoice-to-payment cycles resulting from this reliance on stale information. Continuous Data.

Invoicing 99

Invoicing Transportation B2B Technology 99

PYMNTS

DECEMBER 15, 2020

The push toward modernization does not stop at fund transfers, either, and companies are adopting digital supports to help them more smoothly and rapidly process invoices. A recent report finds many companies are leveraging AI to help them more swiftly automate vendor invoices and support their liquidity management decision making.

Healthcare 107

Healthcare B2B Invoicing Accounts Payable 107

CFO Talks

DECEMBER 10, 2024

For instance, if the same person approves invoices and processes payments, thats a red flag. The companys internal controls were poorly designed and rarely enforced, allowing fake invoices and inflated revenue to go unnoticed. However, technology is only as effective as the people who use it. The takeaway?

Invoicing 52

Invoicing Compliance Reconciliations CFO 52

Global Finance

DECEMBER 9, 2024

Naveed Anwar, head of platforms and data services, Treasury and Trade Solutions, Citi Services, explains how banks are becoming more agile by embracing disruptive technologies. Naveed Anwar: I spent most of my career working with well-known technology companies, including Netscape, AOL, PayPal and eBay.

Treasury 59

Treasury Invoicing Banking Accounting 59

PYMNTS

APRIL 28, 2020

The new coronavirus swiftly impacted small- and mid-sized businesses (SMBs) rather harshly, with these entities now struggling to manage remote workers who need to send out paper invoices to suppliers and other business partners attached to checks. Co mpanies like digital invoicing firm Invoiced are responding to SMBs’ COVID-19 struggles.

Invoicing 94

Invoicing B2C B2B Accounts Payable 94

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

Navigator SAP

JUNE 24, 2022

By using old technology, the organization lost nearly 16,000 COVID-19 test results. Invoicing and order management can be completely customized for the specific needs of a life sciences company, and the system is able to connect with supplier systems and just about any third-party solution. Life sciences firms are no exception.

Pharmaceutical 243

Pharmaceutical SAP Manufacturing Compliance 243

Global Finance

FEBRUARY 4, 2025

Supply chain finance boosts resilience, liquidity, and ESG goals amid deglobalization and technological shifts. It requires accurate data, robust technology, and thorough risk assessment, crucial to ensuring the creditworthiness of suppliers at all levels. Santanders 50 million Brazilian real ($8.3

Finance 52

Finance Invoicing Banking Manufacturing 52

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. Optimizing Payments.

Accounts Payable 123

Accounts Payable Cash Flow Forecasting Invoicing Prioritization 123

Future CFO

MARCH 11, 2025

This evolution is particularly pronounced in Asia, driven by factors such as rapid economic growth, increasing regulatory complexity, and the accelerating pace of technological change. The complexity of managing diverse invoices, with multi-currency, continental tax variations, and format differences, further strains operational capacity.

Finance 52

Finance Compliance Performance Measuring CFO 52

PYMNTS

DECEMBER 28, 2020

While the sector has been pushing towards back-office modernization for some time, the pandemic has intensified the need for technologies that can more eloquently manage project data in order to, among other functions, get vendors, business partners and employees paid. Invoices have to be estimated and accounted for.

Construction 111

Construction Invoicing Auditing Finance 111

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. As these payment gateways increase support for faster payments, opportunities to combat delayed invoice payment scenarios will grow.

Finance 106

Finance Invoicing Cash Management Reconciliations 106

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. 49% of mid-size enterprises plan to automate billing and invoicing processes via cloud applications in the next 18 months.

Invoicing 98

Invoicing General Ledger Reconciliations Budgeting 98

Future CFO

MARCH 14, 2022

By implementing Esker’s Procure-to-Pay suite and Esker’s Accounts Receivable solution ( Invoice Delivery , Collections Management and Cash Application solutions ), the company has gained full visibility and clarity over payables and receivables. They must check whether this specific amount is expected and which invoices to relate it to.

Invoicing 97

Invoicing Accounting Finance Banking 97