PYMNTS

SEPTEMBER 27, 2020

Lightyear intends to work toward acquiring software and payments companies, which the release calls “a highly fragmented market” that has a large number of smaller providers. According to the press release, the addressable market for payments solutions is around $1.4 billion for the legal vertical alone.

Practice Management 64

Practice Management B2B Invoicing Accounting Firms 64

PYMNTS

DECEMBER 9, 2019

But delayed and late invoice payments are far from an isolated problem. trillion in accounts receivable on any given day, though how much of that is considered past-due is unclear. One in five invoices paid late are sent to the wrong address , according to the Australian Taxation Office (ATO). For the nation’s estimated 2.5

Invoicing 41

Invoicing B2B Budgeting Accounting Firms 41

PYMNTS

OCTOBER 23, 2018

According to Financial Times ( FT ), FSB National Chairman Mike Cherry said that, despite a number of government initiatives over the past several years to address late payments, the situation has only gotten worse. Sears In Suit Over Unpaid Invoices. Cross-Border Invoicing Initiatives.

Invoicing 43

Invoicing Treasury Accounting Firms Economics 43

BlueLight

MAY 1, 2020

The CEO outsources accounting to a third-party accounting firm and may conduct simple FP&A. Financial planning & analysis is a corporation function that uses financial information to make forward-looking recommendations, evolving from a number cruncher to a strategic partner.

Financial Planning and Analysis (FP&A) 52

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

BlueLight

JULY 30, 2020

My motivation was to understand the responsibility of the CFO suite, the process of billing to accounting, and the software tools available to run an effective finance office. Pre Series B, it’s a part-time role to simply track past financial numbers. One is accounting: you need this done properly to inform the next two.

CFO 52

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

PYMNTS

NOVEMBER 16, 2018

RPA is igniting chatter in the corporate finance community as professionals explore next-level analytics and automation functionality to enhance processes like accounts payable, accounts receivable, cash flow management and more. For instance, its LaaS platform lets businesses provide invoice or payroll financing to their customers.

Accounts Payable 77

Accounts Payable Foreign Exchange Currencies Startups 77

PYMNTS

APRIL 25, 2016

The solution integrates into supplier ERP, invoicing and logistics systems. Last year, Handshake revealed a partnership with SME accounting firm Xero to streamline the accounting process into Handshake’s procurement and inventory management solutions.

B2B 40

B2B eCommerce Invoicing Accounting Firms 40

CFO Share

MAY 25, 2021

As a forensic accountant , I am often called into a “failing” business only to discover an employee is stealing all the profits! And most of the time the fraudster is the accountant or bookkeeper whom you trusted to implement internal controls! Embezzlement and other advance accounting frauds. Serial Number 274-5675-138-D.

Auditing 52

Auditing Accounting Manufacturing Education 52

PYMNTS

JULY 11, 2016

The numbers are up, though analysts warn that, with earnings season headed our way, SME hiring practices may take a downturn. The ISME did find that, as of the end of Q2, SMEs in Ireland are faring a bit better than Q1, enduring an average of 57 days to see their invoices settled, down from 59 days the previous quarter. 52% of U.K.

B2B 41

B2B Invoicing Education Forecasting 41

PYMNTS

SEPTEMBER 18, 2017

Taking time to crunch numbers or hand-pick data is a waste for SMB owners, for sure. 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. is accounting, which comprises nearly a quarter of all administrative tasks. Canada, U.K.

Profit and Loss 45

Profit and Loss Accounting Economics Invoicing 45

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 16, 2019

The continued use of paper checks and Excel spreadsheets epitomize this trend: Despite the influx of accounts payable automation tools, new commercial and virtual card offerings, faster ACH options and automated accounting platforms, checks and spreadsheets continue to be favored tools.

Accounts Payable 53

Accounts Payable Technology Accounting Invoicing 53