PYMNTS

MARCH 4, 2020

The enterprise resource planning ( ERP ) system has been a staple of corporate finance operations for years, acting as a central repository of data and a hub to initiate a range of processes, from accounting to procurement. Efforts to modernize procurement and accounts payable are also opportunities for data integration with the ERP.

Cash Flow Forecasting 104

Cash Flow Forecasting Accounts Payable General Ledger Corporate Finance 104

PYMNTS

JANUARY 29, 2020

“To be competitive in the P2P space today, especially at the mid- to high-end of the market, the investment would be millions of dollars and a number of years of development,” he said. “By By the time the solution was commercially available, it may not be competitive or cost effective.”. Unlocking Data to Unlock Value.

Banking 52

Banking Accounts Payable Vendor Management Reconciliations 52

PYMNTS

APRIL 12, 2016

The virtual card has gained attention in recent years for its ability to not only digitize corporate payments but to safeguard them, often coming in the form of a one-time-use card number designated for a specific purchase category and value. Speaking of the AP professional, that’s the third benefit: streamlined accounts payable processes.

Nonprofit 40

Nonprofit Accounts Payable Reconciliations Cash Management 40

PYMNTS

AUGUST 26, 2016

Yantra Financial Technologies said earlier this week that it has enabled lenders to deliver funds in real time, using a business bank account known as BlastPay. Similarly, in B2B transactions, supply chain and vendor management becomes easier, and orders and payments can be done in an efficient manner.

B2B 41

B2B Vendor Management Reconciliations Communication 41

PYMNTS

JULY 29, 2019

There are sophisticated payment rails capable of moving money instantly, he noted, and when a buyer wants to pay a supplier that payment will route directly from one bank account to another. This is, unfortunately, is just a point-to-point system, there is no reconciliation on this basic platform.

B2B 48

B2B Reconciliations Invoicing Vendor Management 48

PYMNTS

OCTOBER 17, 2016

Most people know the expression “truth is stranger than fiction,” though a smaller number know that it comes via American quote factory Mark Twain. An even small number than that know the quote has a second half: “but it is because Fiction is obliged to stick to possibilities; Truth isn’t.”.

B2B 55

B2B SAP Vendor Management Reconciliations 55