PYMNTS

JANUARY 2, 2020

The largest accounting firms – EY, Deloitte, KPMG and PwC – are investing billions of dollars in artificial intelligence (AI) and data technology products to change the industry in new ways, according to a report by Bloomberg Tax. “Many of the routine jobs will go as areas such as invoice processing are automated.

Data Analysis 71

Data Analysis Accounting Standards Auditing Invoicing 71

Future CFO

MAY 19, 2020

As the situation becomes calmer, businesses are working on their plans to resume normal operations step-by-step as well. Some of the RPA implementation projects might resume while those finance functions that planned to implement RPA before the health crisis might kick off those projects soon.

Finance 52

Finance Invoicing Auditing Technology 52

The Charity CFO

MAY 19, 2023

By monitoring cash flow, nonprofits gain visibility into their financial health and can make informed decisions about resource allocation, budgeting, and planning. Prioritize cash management for a nonprofit organization The Charity CFO is a finance and accounting firm specializing in serving nonprofit organizations.

Cash Management 52

Cash Management Nonprofit Compliance Budgeting 52

Bramasol

OCTOBER 31, 2023

In fact, many of Bramasol's specialized QTC and RevRec projects start with a referral from one of the large accounting firms or SAP itself, as the front-line consultants handling overall programs recognize the need for our deep specialized expertise.

SAP 64

SAP IFRS Compliance Construction 64

BlueLight

JULY 30, 2020

System for a high functioning finance office Integrating disparate finance tools Getting full visibility to subscription revenue Financial planning of the CFO suite How do you view the responsibility of the CFO suite? Post Series B, it becomes a full-time job to support strategic planning. Billing and invoicing software: Bill.com ?—?Cloud-based

CFO 52

CFO Financial Planning and Analysis (FP&A) Strategic Planning Startups 52

BlueLight

MAY 1, 2020

This function is called financial planning and analysis (FP&A). The CFO is focused on company-level strategic planning and building a relationship with investors. The CEO outsources accounting to a third-party accounting firm and may conduct simple FP&A. The CFO takes on the responsibility of FP&A.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) CFO Strategic Planning Startups 52

PYMNTS

AUGUST 10, 2018

According to reports, it’s the first time ShopX secured funding from someone other than Infosys Co-founder Nandan Nilekani, who has provided more than $19 million to the firm. Small business accounting firm freee , based in Japan, announced a $60 million Series E funding round this week, said reports.

B2B 40

B2B Invoicing Startups eCommerce 40

PYMNTS

SEPTEMBER 11, 2017

“One is their systems are pretty low, their knowledge in the area is pretty low, they don’t have in-house IT people, most people don’t really understand this stuff at all … and they have a tendency to pay accounts and invoices quickly. When you get a false account, they have a nasty habit of being paid.”.

Securities 77

Securities Education Invoicing Manufacturing 77

PYMNTS

DECEMBER 5, 2016

. $62 billion in unpaid invoices are written off as losses by U.K. The company’s findings highlight the ongoing pressures SMEs in the nation face when dealing with late payments; according to the report, on average, small businesses write off $14,600 every year because their invoices go unpaid. SME lender Wirefund.

Invoicing 75

Invoicing Construction Finance Economics 75

PYMNTS

MAY 11, 2018

According to data released on Thursday (May 10) by small business accounting firm Xero , the company has reduced its losses for Fiscal Year (FY) 2018 compared with last year. During this FY, Xero noted that revenues from its core accounting product increased 37 percent, while revenues from other platform offerings nearly doubled.

Reconciliations 40

Reconciliations Invoicing Accounting Firms Accounting 40

PYMNTS

SEPTEMBER 12, 2016

The technology can respond to requests for balance information, send invoice reminders upon request and other tasks. Xero plans to roll out Hey Xero “in the near future,” the company added. .” In announcing the new solution, dubbed Hey Xero, the company shared screenshots with examples of how the bot will work.

Invoicing 68

Invoicing Accounting Accounting Firms Financial Data 68

Bramasol

OCTOBER 31, 2023

In fact, many of Bramasol's specialized QTC and RevRec projects start with a referral from one of the large accounting firms or SAP itself, as the front-line consultants handling overall programs recognize the need for our deep specialized expertise.

SAP 52

SAP IFRS Compliance Construction 52

PYMNTS

MAY 3, 2018

“By partnering with Veem, we are able to save our customers time and money,” said Ybarra, adding that one ACU small business customer said it plans to save $30,000 this year by using Veem services. Last year, the company announced $24 million in funding from National Australia Bank Ventures, GV and SBI Investment Co.,

Invoicing 46

Invoicing Accounting Firms Investments Banking 46

PYMNTS

NOVEMBER 16, 2018

In a week of multiple nine-figure venture capital funding rounds, B2B FinTech has proved it plans to end the year on a high note. With the new funding, iBanFirst said it plans to provide support for more currencies and introduce new features for its solution. CEC Capital also participated, according to reports. million raised, U.K.-based

Accounts Payable 77

Accounts Payable Foreign Exchange Currencies Startups 77

PYMNTS

MAY 15, 2018

Microsoft is collaborating with Commonwealth Bank of Australia (CBA) and KPMG to form a new cloud accounting startup, Financial Review reported. Dubbed Wiise , the Australia-based startup will rival the market’s current industry leader Xero and fellow Australian small business accounting firm MYOB.

Startups 41

Startups Accounting Invoicing Accounting Firms 41

PYMNTS

MARCH 28, 2016

590 billion in unpaid invoices are plaguing Chinese businesses , according to new reports from Bloomberg. The late payment problem in the country hasn’t been this bad since 1999, analysts added, with businesses waiting an average of 83 days to see their invoices paid off. All the data gets broken down below.

Invoicing 42

Invoicing B2B Communication Accounting Firms 42

PYMNTS

SEPTEMBER 18, 2017

But a new report from cloud accounting firm Sage has put a price tag on this burden: a whopping $600 billion for firms across the globe. Manual processes are expensive for small businesses, in both time and money. Taking time to crunch numbers or hand-pick data is a waste for SMB owners, for sure. Canada, U.K. Canada, U.K.

Profit and Loss 45

Profit and Loss Accounting Economics Invoicing 45

PYMNTS

NOVEMBER 14, 2019

Payment service provider CreDec is integrating real-time payments capabilities that will allow small and medium-sized businesses (SMBs) and their accountants to bypass bank portals and initiate payments from directly within their accounting platforms. The company said in a press release Thursday (Nov. 14) that the U.K.

Reconciliations 40

Reconciliations Invoicing Accounting Accounting Firms 40

The Charity CFO

JANUARY 17, 2022

Accounts Payable. Accounts payable is an account containing any outstanding bills or invoices that you haven’t yet paid. Accounts Receivable. Accounts receivable is an account containing any revenue that you’ve earned, or that was committed to you, that you haven’t yet received. Office supplies.

Nonprofit 98

Nonprofit Accounting Profit and Loss Accounts Payable 98

PYMNTS

FEBRUARY 2, 2018

Information technology (IT) management solutions provider Kaseya, which targets managed service providers (MSPs) with its offerings, is linking up with small and medium-sized business (SMB) accounting firm Xero to help businesses gain greater control over their financial data. The companies said Thursday (Feb.

Financial Data 46

Financial Data Invoicing Accounting Firms Leverage 46