Strategic Treasurer

MARCH 21, 2022

Treasury Fraud & Controls. With your help, we’ve consistently found that fraud is a top ranking concern for treasury. This annual survey seeks to evaluate the current and projected impact of fraud on the finance and treasury environment. Bank Account Management, Reconciliation & Compliance Practices.

Treasury 52

Treasury Reconciliations Securities Risk Management 52

FISPAN

SEPTEMBER 28, 2022

FISPAN helps streamline daily treasury processes, allowing you to directly manage your payables, view all bank account and transaction details, eliminate manual uploads, automate your reconciliation, and more, all from within Business Central. Meet Avery: The Finance Professional.

Treasury 52

Treasury Reconciliations Finance Banking 52

PYMNTS

JANUARY 12, 2021

Payment operations software company Modern Treasury raised $38 million through an Altimeter Capital-led Series B funding round, according to a Tuesday (Jan. However, Modern Treasury says it digitizes every phase of the workflow while its software supplants legacy infrastructure. 12) announcement.

Treasury 73

Treasury B2B Reconciliations Finance 73

PYMNTS

NOVEMBER 12, 2020

Treasury departments need to modernize as they grapple with the pandemic — streamlining the way cash is handled, how strategic decisions about cash flow are crafted and how payments are made. Morgan , the successful treasury transformation in the Asia Pacific region hinges on digitization — and not simply electronification.

Treasury 118

Treasury Cash Flow Forecasting Reconciliations Prioritization 118

PYMNTS

OCTOBER 6, 2020

Bank of America is rolling out three new application programming interfaces (APIs) as it supports the growing demand for up-to-the-moment data and processing in business treasury. 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

AUGUST 3, 2022

Automated bank connectivity through a single secure channel has become essential to reduce costs, facilitate on-boarding by banks, secure transactions, speed up and automate reconciliations and reduce staff workload. Once approved, the payment can be initiated by the person in charge of the treasury or accounting. PROJECT OBJECTIVES.

Banking 147

Banking Reconciliations Treasury Securities 147

PYMNTS

MARCH 6, 2019

One area where elimination of such processes can be of benefit is treasury management — specifically, reconciliation of transactions and liquidity management. Real-Time Window To Treasury Management. It’s no secret that transactions done between businesses, or across borders, can be mired in manual tasks.

Treasury 75

Treasury Auditing Foreign Exchange Pharmaceutical 75

The Finance Weekly

OCTOBER 30, 2024

Automation - Reduce manual tasks like bank reconciliations , allowing finance teams to focus on strategic decision-making. Automation - The platform automates routine tasks, including bank reconciliations and cash position reports. Kyriba Kyriba is a robust treasury and cash management platform built for larger enterprises.

Cash Management 52

Cash Management Cash Flow Forecasting Reconciliations Forecasting 52

PYMNTS

OCTOBER 13, 2020

In a panel discussion with Karen Webster, six payments, banking and FinTech executives weighed in on the very nature of change that is transforming treasury banking and corporate clients in real time. Morgan Chase ; and Brad Windbigler , head of treasury and investor relations at Western Union. Setting the Stage.

Treasury 76

Treasury Banking B2B Reconciliations 76

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

DECEMBER 18, 2020

For the new B2B Payments Innovation Readiness Playbook: Adapting to Cash Flow Challenges Posed by the Pandemic , a PYMNTS and American Express collaboration, researchers surveyed over 2,200 treasury executives from small to large businesses across several verticals.

Treasury 76

Treasury Invoicing B2B Reconciliations 76

Simply Treasury

JUNE 3, 2021

Every year, EACT launches a treasury survey to identify top priorities for Corporates. Treasury top priorities. The 2021 EACT survey, as it has become a tradition, attempts early this year to determine what the treasury trends and priorities for multinational companies will be in the next 12 to 24 months.

Cash Flow Forecasting 130

Cash Flow Forecasting Treasury Forecasting Foreign Exchange 130

PYMNTS

NOVEMBER 4, 2016

Patrick Moore , executive vice president and head of Capital One ‘s Treasury Management Product Management group, told PYMNTS that these collaborations offer the ability to integrate niche FinTech capabilities into Capital One’s broader range of services.

Treasury 79

Treasury B2B Leverage Reconciliations 79

PYMNTS

SEPTEMBER 4, 2018

In its “ The road to real-time treasury ,” Deutsche Bank urges treasurers to get ready for a world of real-time transacting. Deutsche Bank noted that this can have multiple positive impacts on corporate treasury, including faster cross-currency payments, faster FX exposure management, and faster actions taken to address FX volatility.

Treasury 44

Treasury Foreign Exchange B2B Accounts Payable 44

PYMNTS

SEPTEMBER 29, 2017

When it comes to corporate treasury, business clients demand robust solutions and services from their banks, and FinTech players are stepping in to help. But the banks themselves also have complex demands for their own treasury departments, which, like other corporations, must be able to manage finances, risk and compliance.

Treasury 56

Treasury Banking Compliance Risk Management 56

Global Finance

JULY 2, 2024

XML also integrates easily with solutions like cash forecasting, cash pooling, automated reconciliation and refined parameters “on behalf of payments,” bringing Virtual IBAN capabilities to life. This enhances financial evaluation and speeds up decision making at lower costs.

Reconciliations 64

Reconciliations Treasury Compliance Forecasting 64

PYMNTS

JULY 8, 2016

In a recent announcement within the treasury management space, EDI Gateway, a service provider specializing in SMBs and focused on enterprise resource planning and B2B applications, linked up with AZUR , a cloud-based treasury management firm, to offer the latter’s eFinancialSuite to vendors.

Treasury 40

Treasury Reconciliations B2B Forecasting 40

PYMNTS

SEPTEMBER 26, 2018

The solution is compatible with existing Citi accounts receivable solutions, including Citi Payer ID Accounts for automated reconciliation. “API-based integration is one of the biggest topics across the industry,” said Naveed Sultan, the bank’s global head of Treasury and Trade Solutions, in a statement at the time. .

Accounting 75

Accounting Reconciliations Treasury Currencies 75

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. They can’t wait for end-of-month, or even end-of-week, reconciliation anymore,” she told Webster — and so corporates are pushing their banks to do something different.

Banking 97

Banking Accounts Payable Treasury Reconciliations 97

Bank of the West

NOVEMBER 22, 2021

Here’s what finance executives need to know about R2P and its potential benefits for treasury management. What R2P Means for Treasury Operations. They signal a broader move toward real-time processing and real-time treasury, and those trends are only accelerating. What is Request to Pay?

Treasury 98

Treasury Reconciliations Banking B2B 98

PYMNTS

JANUARY 31, 2018

That’s a metaphor, of sorts, and a caution for treasury management professionals as they navigate their swivel chairs, swiveling between spreadsheets on their desks, computer screens on desktops and even apps on their phones and tablets. When it comes to data, beware the swivel chair. But embrace integration. Why the disconnect?

Treasury 46

Treasury Reconciliations CFO Banking 46

Bramasol

JUNE 25, 2024

Operational Accounting is concerned primarily with the processes for areas like sales, revenue, treasury, cash flow, margins, KPIs, etc. Treasury Management: Treasury is one of the most important aspects within the Office of the CFO and is a critical factor for success in every company.

Compliance 57

Compliance Financial Planning and Analysis (FP&A) Accounting SAP 57

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. HighRadius also offers services for cash reconciliation, eInvoicing and collections to help those in underserved markets.

Banking 89

Banking Treasury Reconciliations Invoicing 89

PYMNTS

JANUARY 19, 2021

Nick Nadgauda , global head of Technology with Citi’s Treasury and Trade Solutions, said in the release that the partnership is fortuitous because Volante’s payment processing technology is already used with Citi’s payments and transaction banking platforms.

Reconciliations 60

Reconciliations Treasury Technology Banking 60

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

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. Eyeing Efficiency . Looking Ahead.

Reconciliations 98

Reconciliations B2B Treasury Banking 98

PYMNTS

MAY 28, 2020

The FinTech enterprise Software-as-a-Service (SaaS) company, which is focused on automating treasury management and order-to-cash processes, said the new technology reinforces its investment and plan to make AR automation an important driver for business expansion, according to an announcement.

Technology 52

Technology Reconciliations Accounts Payable Credit Risk 52

PYMNTS

MARCH 9, 2020

As it stands, there is significant manual effort occurring in treasury departments where workers are engaged in the cash reconciliation process — receiving the payment, depositing it at the bank, and then updating the customer’s account. And it can send any checks or electronic payments to their bank for deposit and reconciliation.

Banking 66

Banking Treasury Reconciliations Budgeting 66

PYMNTS

APRIL 14, 2020

The digital transformation of corporate treasury is not a destination; it’s a journey. As a treasurer, maybe you would conquer the first few things, which are visibility and reconciliation, and then you would move into other niche areas that you want to automate further to add strategic value to the business.”.

Cash Flow Forecasting 92

Cash Flow Forecasting Treasury Foreign Exchange Benchmarking 92

PYMNTS

NOVEMBER 7, 2017

Citi’s Treasury and Trade Solutions is bringing its accounts receivable (AR) Payer ID solution to more markets around the globe. It aims to reduce Days Sales Outstanding and supports streamlined reconciliation. The FI added that AR and reconciliation can be especially challenging for companies that receive payments across borders.

Reconciliations 48

Reconciliations Treasury B2B Cash Management 48

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

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

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. Call For Integrations.

Accounts Payable 93

Accounts Payable Reconciliations Invoicing Treasury 93

PYMNTS

JULY 17, 2019

The service allows a single, centralized view across all banking partners in real-time, facilitating accurate reconciliation. A total of 22 companies participated to test the functionality within their treasury systems. “An said Peter Kim, senior manager of treasury technology at Google. We look forward to getting started!”

Banking 75

Banking Treasury Reconciliations Leverage 75

CFO Leadership

MARCH 31, 2022

Global operations make it more challenging for small treasury teams in mid-market companies to handle day-to-day operations efficiently and securely. New currencies, global banking structures, regional regulations, disparate processes, and disconnected systems all add complexities to the treasury operations. Categorize cash movements.

Treasury 52

Treasury Cash Management Currencies Reconciliations 52

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

DECEMBER 1, 2020

In addition, users will be able to access real-time statuses for transactions and reporting, letting automation happen for the reconciliation process, the release says. And, the processes are all integrated with other Cobase modules for cash and treasury management.

Foreign Exchange 58

Foreign Exchange Treasury Reconciliations Invoicing 58