PYMNTS

MAY 13, 2020

Accounts payable (AP) tools that provide quick, detailed oversights of businesses’ financial statuses and payments obligations can help pick up the pace of payments by keeping invoice approval processes on track. Three-Way Invoice Matching Brews Up Better AP Processes. Around The AP Automation World. Find the full story in the Tracker.

Invoicing 79

Invoicing Accounts Payable B2B Budgeting 79

PYMNTS

NOVEMBER 4, 2016

Deals were made with B2B invoicing and payments firm Viewpost, as well as health care blockchain company Gem and natural language search technology company ClearGraph. It’s the reasoning behind Capital One’s latest round of partnerships announced late last month.

Treasury 79

Treasury B2B Leverage Reconciliations 79

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

PYMNTS

SEPTEMBER 4, 2018

“SMBs are still making rather basic changes in their business processes – shifting toward cloud solutions for CRM, invoicing, project management,” he recently told PYMNTS. The impact and ROI of electronic invoicing can be more immediate, too. “With electronic invoicing, the control of the supplier grows.

Invoicing 70

Invoicing Analyzing Data Technology B2B 70

PYMNTS

JANUARY 27, 2020

Fleet management platform Vector is expanding its Delivery-to-Cash offering with the introduction of automated invoicing and accounts receivable functionality. Load data is automatically populated into invoices, which can be combined with other delivery documents from existing treasury management portals.

Invoicing 56

Invoicing Treasury Accounting Planning 56

Future CFO

MARCH 10, 2025

At FutureCFO , we will likely see finance practitioners dabble in emerging technologies to enhance real-time decision-making, optimise invoice-to-cash and source-to-pay workflows, and allow CFOs to prioritise strategic initiatives over routine tasks.

Finance 52

Finance Invoicing Compliance Leverage 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. GF: How are you improving value-added data insights for corporate treasury teams? Global Finance: Is banking constraining compared to Big Tech?

Treasury 59

Treasury Invoicing Banking Accounting 59

PYMNTS

AUGUST 3, 2020

Real-time settlement negates the need for batch settlement, which has been the norm in corporate treasury departments and within financial institutions (FIs) for decades. “If you can make money programmable, then you can build that money into applications that optimize your processes in corporate treasury.”

Treasury 117

Treasury Currencies Invoicing Cash Management 117

Future CFO

JANUARY 21, 2021

As liquidity became a significant concern for organizations, the Treasury Department was asked to monitor inflows and outflows more closely. Co-hosed by Kyriba, the lively discussion highlighted a general shift toward the digital Treasury. One immediate challenge that the Treasury department faced was foreign exchange (FX) exposure.

Treasury 52

Treasury Foreign Exchange Currencies CFO 52

PYMNTS

OCTOBER 14, 2020

The financial entity has rolled out a push-to-debit feature for its treasury customers with the assistance of a third-party technology partner, according to recent announcements. Digital disbursements therefore appear to be taking a greater role in treasury management.

Treasury 103

Treasury Banking B2B Invoicing 103

Simply Treasury

SEPTEMBER 9, 2020

Treasury management is “anticipation”. Unfortunately, invoices do not get paid in profit, but in cash. This explains why the treasury manager, “the custodian of cash”, has become a centre of attention and why Cash Flow Forecasts (CFF) have become so essential. not all cash can be reported to central treasury.

Cash Flow Forecasting 130

Cash Flow Forecasting Forecasting Treasury Budgeting 130

PYMNTS

JANUARY 8, 2021

PayJunction Debuts Digital Invoicing for Virtual Terminal Clients. 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. 7) announcement. Fides Expands Connectivity for Finance Professionals.

B2B 86

B2B Treasury Invoicing Finance 86

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. Each of these processes comes with unique challenges that can add up to cause headaches for treasury professionals. Automating Capital Management.

Invoicing 87

Invoicing Accounts Payable Treasury Sales 87

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

PYMNTS

SEPTEMBER 28, 2020

21 percent of business leaders say payment authorization and authentication are requirements when choosing a treasury management platform , a report by Citizens Commercial Banking found. Within weeks, [he] started abusing that authority by submitting and approving false invoices from a fake business called TNC US Inc.

Accounts Payable 96

Accounts Payable Invoicing Treasury B2B 96

PYMNTS

OCTOBER 31, 2017

For the receivers of those checks, there’s another major argument in favor of the clunky, manual and insecure payment rail, according to Deluxe Treasury Management Solutions Vice President Gary Cawthorne. You have the invoice, the check, the bank information — everything is there.”. It’s a huge untapped market potential for them.

Invoicing 41

Invoicing Treasury Reconciliations B2B 41

Global Finance

JULY 26, 2024

Clients in Brazil and Mexico can optimize working capital with Intelligent Receivables—powered by artificial intelligence—a collections tool and invoice matching tool that achieves straight-through processing metrics into the 80-90 percentile range.

Cash Management 52

Cash Management Treasury Foreign Exchange Concentration 52

PYMNTS

SEPTEMBER 21, 2020

Now, that promise has led to a collaboration with invoice delivery solution provider Link4. In January, the government promised to pay suppliers in five days if they delivered an invoice, helping with the cash flow for small businesses during this COVID time.

Economics 87

Economics Invoicing Treasury B2B 87

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. Processing vendors’ invoices can be expensive if companies lack streamlined AP systems. on average to process a single invoice in 2019, for example.

Accounts Payable 85

Accounts Payable Invoicing Treasury SAP 85

PYMNTS

MARCH 20, 2017

the cloud-based treasury and working capital solutions company, announced Friday (March 18) that Pimkie chose its supply chain finance solution to manage its supplier invoice financing program. In a press release, Kyriba said Pimkie is using its reverse factoring solution to offer suppliers early payment of invoices.

Invoicing 40

Invoicing Treasury Currencies Finance 40

PYMNTS

DECEMBER 30, 2020

As treasury management becomes increasingly digital, a bank’s corporate banking clients face challenges when it comes to modernizing treasury workflows. The vast majority of treasury organizations want simple, tech-driven solutions that don’t require them to go out and make use of new products. Many-To-Many Markets .

Banking 97

Banking Accounts Payable Treasury Reconciliations 97

PYMNTS

JANUARY 30, 2017

Trade finance, they said, could help boost efficiency in cash management and supply chain (via dynamic discounting on invoices). In the example of C2FO’s own offerings, suppliers look for early payment on their invoices (and buyers offer their own approved invoices) uploaded onto the online marketplace.

Cash Management 49

Cash Management Treasury Invoicing Currencies 49

PYMNTS

SEPTEMBER 27, 2020

HighRadius , a FinTech working in automation for order-to-cash and treasury management, has announced an expanded strategic relationship with Commerce Bank , according to a press release. In this digital-first economy, AI is a critical component of their digital transformation.”.

Banking 89

Banking Treasury Reconciliations Invoicing 89

PYMNTS

MAY 16, 2016

Between treasury management, accounting, invoicing, cash management and all the other money tools corporates have access to today, it’s a wonder CFOs can keep their heads on straight. It’s changed the game, not only for corporate clients but for the FinTech players developing and offering these treasury solutions.

Treasury 41

Treasury Cash Management Accounts Payable Banking 41

PYMNTS

FEBRUARY 1, 2021

If at that time, someone would have asked Citi Managing Director and Global Head of Domestic Payments and Receivables Anupam Sinha how long it would take for corporate treasury organizations to fully embrace digital , he said his answer would likely have been something along the lines of, “Don’t hold your breath.”.

B2B 94

B2B Treasury Accounts Payable Cash Management 94

PYMNTS

OCTOBER 27, 2017

VC firms’ largest show of support was for artificial intelligence (AI), and there was a substantial growth equity round for a veteran treasury technology firm. Treasury Management. Invoice Bazaar. In addition to Invoice Bazaar’s $3.9 later this year, according to reports. Artificial Intelligence. DeePhi Tech.

Treasury 40

Treasury Invoicing B2B Finance 40

Global Finance

FEBRUARY 4, 2025

These solutions enhance the accessibility and efficiency of SCF with a digitized and automated offering that simplifies invoice and payment processing. This enables companies of all sizes to adopt SCF programs more quickly. The offering also includes automated counterparty onboarding, transaction processing, and risk management.

Finance 59

Finance Prioritization Leverage Treasury 59

PYMNTS

JANUARY 13, 2021

The paper check, the paper invoice, slow accounts receivable (AR) processes and collecting on aging receivables can be difficult for even the most seasoned AR professionals. Shields noted that accurately predicting anticipated invoice payment dates can have ripple effects throughout an organization. “No The problems are analog.

Accounting 94

Accounting Invoicing B2B Treasury 94

PYMNTS

OCTOBER 23, 2019

Deluxe Corporation is augmenting its treasury management solution by integrating a bill presentment and payment processing function into its existing accounts receivable tool. Deluxe Treasury Management said in a press release on Tuesday (Oct. Deluxe automates payments and invoice matching for streamlined reconciliation.

Treasury 40

Treasury Reconciliations Invoicing Accounting 40

PYMNTS

AUGUST 30, 2019

The solution is available to corporate clients of the bank’s PNC Treasury Management unit, according to reports, and will enable PNC to offer businesses real-time global payments. At the time, PNC Treasury Management Executive Vice president and Head of Product Chris Ward said corporates demand access to real-time cross-border payments.

Treasury 76

Treasury Invoicing Banking Finance 76

PYMNTS

MARCH 3, 2020

The solution was available to corporate clients of the PNC Treasury Management unit, which enables business clients to receive payments on their outstanding invoices in real time from international corporate buyers using RippleNet. PNC was reportedly the first U.S.

Banking 100

Banking Treasury Invoicing Leverage 100

PYMNTS

DECEMBER 14, 2020

Delayed and late B2B payments are a global issue, but this week's B2B Data Digest shines a spotlight on two markets that are elevating the fight against late invoice payments to small businesses. Five-day payment terms will be possible through Australia's new eInvoicing solution , the nation's Treasury announced recently.

Invoicing 75

Invoicing Treasury B2B Finance 75

PYMNTS

NOVEMBER 10, 2020

Bank has rolled out its new AP Optimizer, which is a digital tool that works to simplify invoice processing and payments for businesses, according to a press release. Digital invoicing has become popular throughout the pandemic, with WEX Inc. Bank, according to the release.

Accounts Payable 80

Accounts Payable Banking Invoicing Treasury 80

PYMNTS

NOVEMBER 20, 2019

Citi is streamlining the cross-border collections process for its corporate treasury clients, the financial institution said Wednesday (Nov. Citi noted traditional methods of cross-border accounts receivable are inefficient, involving multiple collections service providers with silos between invoicing, collection and reconciliation.

Accounting 83

Accounting Reconciliations Invoicing Currencies 83

PYMNTS

DECEMBER 27, 2016

Capital One’s Treasury Management Group is already looking ahead to how corporate treasurers will face the most modern of challenges in 2017. For Capital One, approaching the future of treasury management means collaboration. “We’re

Treasury 72

Treasury Invoicing Technology Banking 72

PYMNTS

MARCH 16, 2020

In addition, the deal will allow better reconciliation of payments with the matching invoices. Risk will be less of an issue because of the increase in transparency and tighter control on foreign exchange payments, along with the currency exposures for those with stake in procurement and treasury.

SAP 99

SAP Foreign Exchange Reconciliations Currencies 99

PYMNTS

OCTOBER 22, 2018

Australia and New Zealand are planning to create trans-Tasman standards for electronic invoicing in an effort to save $30 billion over 10 years. In 2016, the Australian Tax Office pushed for a nationwide standard of electronic invoices. to process a paper invoice, $27.97 per PDF invoice and only $9.18

Invoicing 55

Invoicing Treasury Planning Retail 55