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. Optical Character Recognition (OCR) Technology. OCR technology scans and digitizes your invoices and receipts, making it easier to stay organized.

Accounts Payable 108

Accounts Payable Accounting Invoicing Reconciliations 108

CFO Plans

AUGUST 2, 2024

In today’s rapidly evolving business landscape, the integration of technology into accounting practices has shifted from a luxury to a necessity. With the demands of modern businesses continuously growing, leveraging technology to streamline accounting processes is crucial for maintaining accuracy, efficiency, and competitiveness.

Technology 52

Technology Accounting CFO Tax Planning 52

PYMNTS

MAY 6, 2020

As workforces become more decentralized, as far-flung employees still have to pay suppliers and vendors — and perhaps even travel (someday) — the stage may be set, too, for technology to help transform the way employees spend corporate money. To that end, U.K. billion a month in the U.S.

Reconciliations 107

Reconciliations Entertainment B2B Banking 107

PYMNTS

MARCH 10, 2020

Small businesses do not have the time or resources to manage multiple technology solutions that often operate in silos — they need solutions to work and integrate with each other seamlessly,” Zhang said in the announcement. SMBs can also review transactions to measure how finances are doing.

Reconciliations 52

Reconciliations Foreign Exchange Currencies Accounting 52

PYMNTS

MARCH 16, 2020

In addition, the deal will allow better reconciliation of payments with the matching invoices. There will be cost transparency on fees, and payment routing will be handled by Goldman Sachs’ advanced machine learning technology.

SAP 99

SAP Foreign Exchange Reconciliations Currencies 99

PYMNTS

MAY 27, 2020

For payments technology players, finding the opportunities to build upon existing infrastructure continues to open up new doors in B2B payments improvements. Buyers, meanwhile, can capture early payment discounts, gain payment choice, and automate reconciliation, too. Mastercard Track Business Payment Services Launch.

Reconciliations 92

Reconciliations B2B Compliance Risk Management 92

PYMNTS

FEBRUARY 1, 2021

Reconciliation Challenges. Slow reconciliation processes can result in extra costs and headaches, for example, by tying up staff schedules with tasks that could be managed by automation instead, Hagan said. As we move toward better and more tools … that process can be automated using newer technologies.” .

Accounts Payable 93

Accounts Payable Reconciliations Invoicing Treasury 93

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

FISPAN

JANUARY 12, 2022

This lack of control is leading the drive towards a secure solution-based platform that merges data and financial technology. Data feeds eliminate a significant portion of users' frustration with their experience when accessing information reporting and conducting reconciliations for bank clients.

Reconciliations 96

Reconciliations Banking Securities Leverage 96

PYMNTS

MARCH 18, 2020

As Biegel explained, a lack of data standardization across payment tools remains a challenge to the reconciliation and cash application process, even when that data is electronic. The lockbox offers an important step toward digitizing data in check transactions, which is key to reconciliation and cash application processes. ”

Reconciliations 80

Reconciliations Invoicing Communication B2B 80

PYMNTS

NOVEMBER 18, 2020

Panelists included Sarah Billings , PNC’s senior vice president and head of payments product, operations and strategy; Bridgit Chayt , Fifth Third Bank’s senior vice president and director of commercial payments and treasury management; and infrastructure expert Domenico Scaffidi of Volante Technologies. Awareness of those differences is key.

Reconciliations 98

Reconciliations B2B Treasury Banking 98

PYMNTS

SEPTEMBER 26, 2018

The solution is compatible with existing Citi accounts receivable solutions, including Citi Payer ID Accounts for automated reconciliation. Users can view transaction activity and manage online banking entitlements, the bank explained.

Accounting 75

Accounting Reconciliations Treasury Currencies 75

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. FutureCFO spoke to Deka to dig deeper into the topic: Which features/capabilities in financial applications are most in demand by mid-size enterprises?

Invoicing 98

Invoicing General Ledger Reconciliations Budgeting 98

PYMNTS

SEPTEMBER 16, 2020

For the Electronic Banking feature, Acumatica will offer secure connections with more than 11,000 financial institutions with multiple authentication methods and tokenization technology, according to the release. And anomaly detection and streamlined bank reconciliation will be available.

Reconciliations 76

Reconciliations Auditing Compliance Banking 76

Jedox Finance

SEPTEMBER 29, 2021

This term, set by Gartner, overlooks financial and non-financial business processes, data, and technology tools. Data Silos – Sales data and financial data are separated, making reconciliation between those sources difficult. In this eBook about 360° Planning you can learn more about the shift to xP&A. Connecting the dots.

Financial Planning and Analysis (FP&A) 124

Financial Planning and Analysis (FP&A) Sales Forecasting Reconciliations 124

PYMNTS

AUGUST 19, 2020

According to Fordyce, when it comes to B2B payments technology and AP automation, targeting the unique needs of particular verticals is one impactful way to stand out. Again, noted Fordyce, this can take many forms — from automating invoice reconciliation to addressing a user’s resource constraints.

Accounts Payable 127

Accounts Payable B2B Reconciliations Banking 127

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. ISO 20022’s path to ubiquity could serve as a model for faster payments technologies’ own adoption journeys. What Faster Payments Hasn’t Solved … Yet.

B2B 117

B2B Reconciliations Technology Leverage 117

PYMNTS

SEPTEMBER 27, 2020

The relationship will help Commerce Bank in its transformation to a more digital way of doing business, as the world continues to embrace digital technology in the wake of the pandemic. HighRadius also offers services for cash reconciliation, eInvoicing and collections to help those in underserved markets.

Banking 89

Banking Treasury Reconciliations Invoicing 89

PYMNTS

NOVEMBER 10, 2020

But understanding how to position real-time payments technology to meet the needs of businesses is a challenge. As Scaffidi recently told Karen Webster, uncovering the B2B value of real-time payments is about understanding the broader culture shift that instant payments technology has introduced to the financial services landscape.

B2B 117

B2B Banking B2C Reconciliations 117

Future CFO

JULY 21, 2024

It is why the accounting profession is in need to keep up with the technological trends and not be caught off guard by the hurdles on the way, fully understanding the weight and importance of upskilling and reskilling. This transformation is an intertwined act of two complimentary forces: Sustainability and Technology," Abrol explains.

Finance 104

Finance Accounting Principles Problem Solving Accounting 104

PYMNTS

OCTOBER 6, 2020

In addition, customers can now obtain multiple pictures of checks that have been posted to their accounts to help with account reconciliation with the check image retrieval API. Furthermore, those who work in treasury can access reports seamlessly and maximize the potency of their information with a CashPro reporting API.

Treasury 75

Treasury Foreign Exchange Banking Reconciliations 75

Simply Treasury

JUNE 3, 2021

It also aims at identifying challenges corporate treasurers of MNC’s are facing and technological innovations they intend to implement. Top three treasury priorities in the coming months: Technological innovations. The answers show a certain lucidity on the part of treasurers who seem realistic in their use of new technologies.

Cash Flow Forecasting 130

Cash Flow Forecasting Treasury Forecasting Foreign Exchange 130

PYMNTS

MARCH 4, 2019

With the change, the costs of working with cash, such as reconciliation and physical cash drawers, are said to be removed. AMB Group also decided to begin its cashless strategy amid soccer season, and soccer’s fan base is generally more oriented toward technology.

Reconciliations 90

Reconciliations Accounting Technology Retail 90

PYMNTS

OCTOBER 30, 2020

Speaking with PYMNTS, Leybaert discussed the value of document digitization technology enhanced through artificial intelligence (AI) to not only automatically capture the data on procurement documents like purchase orders and invoices, but to streamline the payment on an invoice and even predict cash flow. The Opportunity in Data.

Invoicing 110

Invoicing Cash Flow Forecasting Reconciliations Forecasting 110

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

OCTOBER 7, 2020

In a move that lets its clients benefit from a new pre-constructed integration offering, enosix rolled out an SAP integration technology on Salesforce AppExchange. enosix, which was started in 2014, offers integration technologies between front-end infrastructure and SAP systems. 7) announcement.

SAP 80

SAP B2B eCommerce Reconciliations 80

Future CFO

JUNE 24, 2024

For accountants, Gen AI can help in the reconciliation and in-depth risk assessment with its capability to execute tasks, understand context and patterns and suggest optimal strategies. Since the technology is new, there is the question of how Gen AI Financial Statements undergo the scrutiny of regulatory requirements and audits.

Auditing 111

Auditing Financial Analysis Forecasting Reconciliations 111

PYMNTS

JANUARY 25, 2021

We’re making it easier for school employees charged with maintaining school facilities to obtain the supplies they need while automating the reconciliation of their day-to-day spending in a completely paperless manner,” ClassWallet CEO and Co-Founder Jamie Rosenberg said in the announcement. 25) announcement.

Reconciliations 61

Reconciliations Vendor Management Education Sales 61

PYMNTS

FEBRUARY 18, 2020

The platform can be used by eCommerce merchants, gig economy platforms, financial institutions (FIs) and technology providers that aim to provide a customized experience. ” Commercial card technology can ease multiple pain points in B2B payments. Using a single solution, Rapyd offers a full suite of FinTech services.

Reconciliations 82

Reconciliations B2B eCommerce Compliance 82

PYMNTS

AUGUST 3, 2020

One financial technology firm currently navigating the process of securing a bank charter is Avanti Financial Group , and as it approaches market launch, Founder and CEO Caitlin Long said the firm is focusing on another area of financial services that has struggled to manage complex regulatory challenges: digital assets. .”

Treasury 117

Treasury Currencies Invoicing Cash Management 117

PYMNTS

JANUARY 19, 2021

Volante Technologies , which works in cloud payments and financial messaging, is working with Citi to expedite Citi’s adoption of the ISO 20022 financial messaging standard, according to a press release. Citi is set to be the first Volante customer to offer a unified approach to that migration around the world, the release stated.

Reconciliations 60

Reconciliations Treasury Technology Banking 60

PYMNTS

FEBRUARY 19, 2020

. “What we can do as existing players in the ecosystem is build applications to take on that perceived technological burden of real-time payments, and then make it easy for participants,” he said, pointing to Mastercard products like Bill Pay Exchange and Payment On Delivery. ” Banks’ Collaborative Opportunity.

Accounts Payable 114

Accounts Payable Invoicing Reconciliations B2B 114

PYMNTS

FEBRUARY 4, 2020

That’s particularly true in accounts receivable (AR), with B2B suppliers not only needing money to flow in from their buyers, but high-quality transaction data for reconciliation, reporting and analytics. A Reconciliation Headache. Data’s Favorite Payment Rails.

Reconciliations 61

Reconciliations B2B Invoicing Accounting 61

PYMNTS

MARCH 4, 2020

Enterprise cloud migrations have opened up the ability for smaller businesses to adopt ERP technology once reserved for the largest corporates. The technology can automate tedious tasks, freeing up professionals to work on more strategic initiatives like vendor management, he said. Disruption Ahead.

Cash Flow Forecasting 104

Cash Flow Forecasting Accounts Payable General Ledger Corporate Finance 104

PYMNTS

NOVEMBER 25, 2020

Technology that can not only optimize a B2B transaction, but can also loop directly into both buyers' and sellers' systems, will be key to cutting the friction. This combination of facilitating payment and data connectivity was the motivation behind Transcard's launch of automated account-to-account (A2A) transactions.

B2B 116

B2B Invoicing Reconciliations Accounting 116

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 62

Reconciliations Treasury Compliance Forecasting 62

PYMNTS

DECEMBER 9, 2020

Reconciliation is of the utmost importance to corporate clients, noted Koenigsberg, and real-time data and payloads, generated automatically and alongside the transactions, mean that payments post much more efficiently. Using Technology To Solve Key Use Cases. Frankly, the story never changes.

B2B 134

B2B Reconciliations Accounting Invoicing 134