PYMNTS

MARCH 2, 2020

Late payments are a reflection of a broader challenge in B2B payments: Large corporate buyers can wield their market power with small suppliers that lack leverage to negotiate faster payment terms. But late payments aren’t the only symptom of unequal B2B relationships.

Reconciliations 57

Reconciliations Invoicing B2B Manufacturing 57

E78 Partners

MAY 8, 2024

Validation and Reconciliation: Once categorized, the telecom expenses are validated against predefined benchmarks or budget allocations. Reconciliation may involve cross-checking billing details with service contracts and usage records. Discrepancies or outliers are investigated to ensure accuracy and integrity of the data.

Leverage 52

Leverage Compliance Auditing Invoicing 52

FISPAN

JANUARY 12, 2022

A powerful financial platform needs to enable third-parties the ability to leverage its underlying connectivity and help banks better serve their customers to provide enhanced financial experiences to the clients of these third-parties themselves (aka mutual clients).

Reconciliations 96

Reconciliations Banking Securities Leverage 96

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

PYMNTS

NOVEMBER 18, 2020

Panelists agreed that to get more adoption by stakeholders, banks must leverage real-time infrastructure to unlock value for corporate clients that moves well beyond the confines of simply being fast. 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

Bramasol

JULY 16, 2024

As with real world debt, Digital Debt must be constantly serviced at high costs; primarily in the form of low productivity, time-consuming data reconciliation, lack of end-to-end visibility, continuous maintenance updates, and inability to make changes. There are many indicators that your company has excessive Digital Debt.

SAP 88

SAP Reconciliations Leverage Prioritization 88

CFO Thought Leader

JANUARY 29, 2025

Read More At PairSoft, Collis leverages these experiences to prioritize purposeful integration. This acquisition strengthens our capabilities in e-invoicing , a growing requirement in Europe and Latin America, as well as enterprise billing reconciliations for multinational companies.

CFO 52

CFO Accounts Payable Invoicing Reconciliations 52

PYMNTS

JULY 15, 2020

. “With a cashless, plastic-free payment offering, virtual cards are replacing legacy payment methods because they overcome many historic payment challenges, such as labor-intensive reconciliation, fraud exposure and limited data insight,” according to the release.

Reconciliations 75

Reconciliations Transportation Compliance Leverage 75

PYMNTS

APRIL 8, 2020

These capabilities are especially in demand in Singapore — DBS ’s home base — where the public sector continues to leverage technology to bring greater convenience to both consumers and businesses. Government entities are usually one of the largest users of cash and checks,” Latiff said.

Banking 99

Banking eCommerce Leverage Reconciliations 99

PYMNTS

NOVEMBER 16, 2020

“Our commitment to supporting multiple payment rails has always been about helping customers operate more efficiently and effectively, leveraging all the capabilities available in the market with as little change as possible,” he said, according to the release.

Reconciliations 81

Reconciliations B2B Leverage Accounting 81

PYMNTS

APRIL 7, 2019

The enhancements improve the payment-to-settlement time, increase security and reduce costs for both payers and receivers by further automating and streamlining reconciliation of the growing number of international payments coming from different countries in different currencies,” the company said.

Reconciliations 62

Reconciliations Currencies Invoicing Compliance 62

PYMNTS

FEBRUARY 18, 2020

Tal added that Rapyd can “leverage Visa’s offerings” – including Visa Direct , Visa Token Services and Visa’s issuance capabilities – to boost Rapyd’s issuing and acquiring services in “unlocking simple, relevant payment experiences for these businesses globally.”

B2B 82

B2B Reconciliations eCommerce Compliance 82

PYMNTS

FEBRUARY 25, 2020

TripActions Liquid also leverages partners like AppZen, an artificial intelligence (AI) solution that enables spend approvals within policy. TripActions Liquid is a major time-saver – we’ve been able to reduce travel payment reconciliation time from weeks to minutes each month.” What impressed me, though, was how effective it is.

Reconciliations 60

Reconciliations Leverage eCommerce Finance 60

PYMNTS

JULY 17, 2019

The service allows a single, centralized view across all banking partners in real-time, facilitating accurate reconciliation. Thanks to the launch of gpi for corporates, we will now be able to directly leverage our SWIFT infrastructure to receive the full benefits of gpi. We look forward to getting started!”

Banking 75

Banking Treasury Reconciliations Leverage 75

PYMNTS

NOVEMBER 27, 2019

That standardization supports recipients’ reconciliation hurdles, he added, meaning corporates can more quickly turn an incoming credit into applicable, working capital. Equally important to the ISO journey is the data richness it carries, versus some of the underlying legacy systems that are not as robust with information.”.

B2B 117

B2B Reconciliations Technology Leverage 117

Global Finance

JULY 2, 2024

In a globally and exponentially evolving technological economy, its flexible structure accommodates growth and facilitates seamless integration across platforms, laying the groundwork for leveraging emerging technologies, like AI. This enhances financial evaluation and speeds up decision making at lower costs.

Reconciliations 64

Reconciliations Treasury Compliance Forecasting 64

PYMNTS

OCTOBER 30, 2020

SMBs often lack the resources to embrace systems that can generate and issue truly electronic purchase orders, and they similarly often lack the leverage to require their own vendors to issue electronic invoices. What It Means to Be Digital.

Invoicing 110

Invoicing Cash Flow Forecasting Reconciliations Forecasting 110

PYMNTS

JANUARY 25, 2019

As they work to achieve this, more companies are ditching paper-based methods and embracing digital solutions that streamline payments and reconciliations. is fragmented, Richardson said, and faster payment systems can remove some of the headaches of managing payments data and reconciliation. as an example.

Reconciliations 67

Reconciliations Banking Education Accounting 67

PYMNTS

NOVEMBER 3, 2020

Everlink Payment Services is teaming with workflow solutions provider FINTAINIUM to offer B2B and B2C payments in real time, leveraging the ISO 20022 global standard, according to a press release. And with APSPays Vault, companies can store information securely and access reporting tools for reconciliation.

Credit Risk 88

Credit Risk B2B Accounts Payable B2C 88

PYMNTS

FEBRUARY 11, 2020

We’ve digitized the manual reconciliation process and eliminated the need for expensive, paper-based [checks]. In addition, payment reconciliation reports are produced daily, and tracking outstanding AR is streamlined. Payors can submit payment using Interac eTransfer and transfer funds using their online banking channel.

Banking 57

Banking Reconciliations Treasury Leverage 57

Bramasol

JULY 26, 2024

As shown below, everything that is needed can be combined within a unified architecture that leverages the inherent scalability of S/4HANA Public Cloud and SAP Business Technology Platform (BTP). Manual Processes: Reliance on manual data entry and spreadsheet-based reconciliations can be time-consuming and error-prone.

SAP 80

SAP IFRS GAAP Compliance 80

PYMNTS

NOVEMBER 4, 2016

” These partnerships, he continued, enable financial institutions to make new use of existing technologies and payment rails and leverage them in a way that brings progress to the B2B payments and FinTech industry. “We’re leveraging technology to really try and make that as simple and as easy to implement as possible.”

Treasury 79

Treasury B2B Leverage Reconciliations 79

PYMNTS

JUNE 10, 2020

The new partnership will combine “global open banking initiatives, Samsung SDS’ Nexledger Universal platform and Credorax’s industry expertise” in order to provide automatic payment reconciliation, remittances and invoices for B2B payments. The effect will be to eliminate the need for manual tasks for those functions.

Banking 53

Banking Reconciliations B2B Invoicing 53

PYMNTS

OCTOBER 29, 2020

Every payment player is trying to expand its business in different directions, entering new spaces and really trying to figure out how to leverage or explore the strategic advantage,” Swanback said. “In Automating things like reconciliations.[and]

B2B 85

B2B Reconciliations Compliance Leverage 85

Bramasol

MAY 6, 2022

As with real world debt, Digital Debt must be serviced with high on-going costs; primarily in the form of low productivity, time-consuming data reconciliation, lack of end-to-end visibility and continuous maintenance updates. Need for ongoing data manipulation and reconciliation between systems. Leveraging RISE with SAP.

SAP 65

SAP Finance Reconciliations Leverage 65

https://trustedcfosolutions.com/feed/

APRIL 5, 2023

Accruals and reversals are automated, and entries are visible at all times, reducing the manual work needed for journal entries and reconciliations. Move Beyond Traditional Manual Processes With Sage Intacct In the world of modern business and new advancements, companies need to leverage technology to stay competitive and drive growth.

General Ledger 62

General Ledger Reconciliations Accounting Standards Accounting 62

Global Finance

JULY 26, 2024

As the dynamic payments landscape presents both challenges and opportunities for corporate treasury, it’s unsurprising that financial institutions are finding new ways to help treasurers leverage new payments trends to improve efficiency, manage risk, and support business growth.

Cash Management 111

Cash Management Treasury Foreign Exchange Banking 111

PYMNTS

FEBRUARY 27, 2019

based payment processing company Mercury FX , for one, recently leveraged RippleNet to facilitate a high-value, cross-border supply chain payment. As faster settlement options proliferate, companies are seeking to utilize real-time solutions to support global supply chain payments.

Reconciliations 57

Reconciliations Risk Management Leverage Securities 57

PYMNTS

NOVEMBER 11, 2020

With the introduction of automation, companies can control cash flow while eliminating errors and the time spent with reconciliation,” TransferMate CEO Sinead Fitzmaurice told PYMNTS.

Invoicing 87

Invoicing Accounts Payable Treasury Reconciliations 87

PYMNTS

SEPTEMBER 5, 2019

By simplifying payment tracking and reconciliation, TRUE North’s education institutions can free up valuable financial and administrative resources.”. The collaboration will leverage WU GlobalPay for Students and gives students, parents and agents a chance to compare prices and review payment options before locking in exchange rates.

Education 61

Education Reconciliations Currencies Leverage 61

PYMNTS

DECEMBER 28, 2020

“There are still a lot of checks that happen within that workflow,” Sassone said — and thus there’s an opportunity for banks to think about innovation, to modernize current workflows and to leverage some of the innovation that is happening within the FinTech community. Sassone pointed to the fact that half of all U.S.

B2B 86

B2B Accounts Payable Treasury Reconciliations 86

PYMNTS

MAY 11, 2017

Xero , the online accounting software company, announced Wednesday (May 10) a partnership with Capital One Financial Corporation to simplify direct bank feeds, credit card data and the bank reconciliation process.

Reconciliations 65

Reconciliations Financial Data Accounting Leverage 65

PYMNTS

NOVEMBER 7, 2018

LVMH’s volume of cross border payments presented unique challenges for the company, and we are pleased to provide the tools needed to leverage these emerging opportunities.”. LVMH Group plans to expand its SWIFT gpi implementation across its full cross-border payment network, which processes more than 1.5 million payments annually.

Treasury 58

Treasury Reconciliations Leverage eCommerce 58

PYMNTS

JANUARY 28, 2021

Data from the transaction is integrated into the accounting solution to streamline reconciliation. With its new Payment Tracker offering , financial service provider iBanFirst is enabling both senders and receivers to gain greater visibility into the status of a transaction, the result of leveraging the SWIFT gpi tracking service.

Accounts Payable 61

Accounts Payable Reconciliations B2B Accounting 61

Future CFO

JULY 21, 2024

All of these new emerging powerful shifts and opportunities for existing and new professionals in leveraging data, along with the power of the cloud and reinventing their business practices mold them to be sustainable businesses.

Finance 104

Finance Accounting Principles Problem Solving Accounting 104

PYMNTS

OCTOBER 6, 2020

Alternative digital payment platform SafetyPay has joined forces with Latin American eCommerce firm Rappi for cash solutions and immediate reconciliation, according to a Tuesday (Oct. We constantly strive to leverage the latest technology to protect our customers and offer them the best experience online,” Moya said in the announcement.

Reconciliations 60

Reconciliations eCommerce Leverage Banking 60

PYMNTS

JANUARY 13, 2021

All too often, he said, bringing automated payments processes and reconciliation, as well as improved cash collections, are not viewed as offering significant enough returns on investment. By leveraging this kind of intelligence, staff can be optimized,” Shields said of AI and other technologies.

Accounting 94

Accounting Invoicing B2B Treasury 94