Future CFO

JULY 21, 2021

Albert Leong, managing director, Esker Asia, defines the cash conversion cycle (CCC) as a metric to express the time it takes for the company to convert their inventory into cash flow. This touches on both accounts receivables and accounts payables of their business cycle.

Accounts Payable 95

Accounts Payable Finance Communication Accounting 95

Future CFO

JANUARY 1, 2024

Respondents which comprise director-level and above, in finance or accounting roles , as well as the primary decision makers for digital transformation in companies in Australia, the UK and the US, cited financial performance and growth as top IT investment drivers amid the current market situation.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) CFO Accounts Payable Manufacturing 52

PYMNTS

AUGUST 3, 2017

Accounts payable company MineralTree just gave a big show of support for commercial cards when it announced this week it is partnering with American Express (Amex) to offer companies an integrated platform to support supplier payments via virtual commercial card. The vast majority of payments are still made by paper check.”.

Cash Management 43

Cash Management Accounts Payable B2B Accounting 43

PYMNTS

JULY 21, 2017

Small business accounting and cash management took home the gold this week, with two startups raising a collective $93 million in funding. SME Accounting. FreshBooks CEO Mike McDerment spoke with PYMNTS to announce the $43 million in new venture capital for his SME accounting company. Expense Management.

Cash Management 40

Cash Management Startups Invoicing Accounts Payable 40

Future CFO

FEBRUARY 13, 2023

Having an experienced succession of crises since the beginning of 2020, FutureCFO asked two finance leaders their views on the challenges facing treasury and cash management during the pandemic and coming out of it. What is the biggest change to the Treasury and Cash Management (TCM) function brought about by the pandemic?

Treasury 98

Treasury Cash Management Restructuring Accounts Payable 98

PYMNTS

JULY 10, 2019

Some of the biggest industry trends, including faster payments, open banking and bank-FinTech collaboration, have found their ways into the Canadian market, the B2B payments space is not immune to disruption from these shifts. According to Lansdowne-Higgins, among the biggest challenges in accounts payable today is the data silos.

B2B 62

B2B Accounts Payable Mergers and Acquisitions (M&A) Reconciliations 62

PYMNTS

DECEMBER 30, 2020

The shift toward contextual banking has a tailwind in place as the financial institutions (FIs) that have been market leaders have been seeing strong deposit growth — and as corporate customers are growing those balances, they want to be able to see their account activity and cash balances visible within the same application on demand.

Banking 97

Banking Accounts Payable Treasury Reconciliations 97

PYMNTS

MARCH 16, 2018

Australia’s Institute of Public Accountants (IPA) is urging its members to “future-proof” their businesses as the industry heads toward disruption. Further, industry trends have led the traditional accountant model to become “obsolete,” reports said, meaning accountants have to embrace the more strategic role of advisor. “By

Accounting 53

Accounting Accounts Payable Reconciliations Leadership 53

PYMNTS

DECEMBER 30, 2019

The middle market can be an ideal corporate customer for a financial institution (FI). Unlike a small business, the middle market typically holds a lower-risk profile with steady profits and strong growth. But you shouldn’t shove [the middle market] into small business or commercial — you should have a third segment.”.

Marketing 53

Marketing Banking Accounts Payable Education 53

PYMNTS

MARCH 27, 2019

Accounts payable (AP) automation company Tipalti is expanding its reach into the market by partnering with three new B2B companies, which will extend Tipalti’s solutions to their own customers. The enhanced integration aims to strengthen control and communication for both ends of the transaction.

B2B 46

B2B Accounts Payable Reconciliations Cash Management 46

Jedox Finance

APRIL 4, 2023

Teams with a strong cash management culture are well positioned to meet those sudden challenges, according to EY research. wages, accounts payable, and debts) from current assets (e.g., cash, accounts receivable, and inventory). It is calculated by subtracting current liabilities (e.g.,

Forecasting 52

Forecasting Cash Flow Forecasting Cash Management Profit and Loss 52

PYMNTS

NOVEMBER 16, 2018

The star of this week’s roundup is undoubtedly data: Two Robotics Process Automation (RPA) companies focusing on enterprise data analytics and automation landed a combined $565 million, while other high-value rounds were closed in the workspace sharing and asset-based lending markets. Automation Anywhere.

Accounts Payable 77

Accounts Payable Foreign Exchange Currencies Startups 77

PYMNTS

FEBRUARY 14, 2017

Mastercard struck a deal to help automate the accounts payable process for businesses in the United Arab Emirates , reports said Sunday (Feb. Together, the companies rolled out a cloud-based invoicing and B2B payment solution aimed at helping business users better manage cash flow. . ” . ”

Accounts Payable 40

Accounts Payable B2C B2B Invoicing 40

PYMNTS

OCTOBER 17, 2017

17), Visa said it is tackling that issue through a new partnership with accounts receivable (AR) and cash management company Billtrust. When it comes to growth of virtual corporate card payments, we have seen and built a lot of momentum on the accounts payable side,” Hall said. “We

Reconciliations 47

Reconciliations Accounts Payable B2B Cash Management 47

PYMNTS

DECEMBER 13, 2018

As the corporate treasurer takes on a more strategic role in the enterprise, treasury and cash management technologies can often be stuck in the past, failing to keep up with financial execs’ needs. Despite the data challenge, pressures on CFOs and treasurers continue to mount. In the U.S., ”

Treasury 62

Treasury Banking Cash Management Accounts Payable 62

PYMNTS

MARCH 24, 2016

But, according to enterprise content capture firm Top Image Systems, mid-market firms — those with less than $1 billion in annual turnover — are in a league of their own when it comes to digitization. From an overarching market perspective, we see that there is an underserved market for AP automation in the mid-market,” Pery said.

Accounts Payable 43

Accounts Payable Invoicing Accounting Cash Management 43

PYMNTS

NOVEMBER 15, 2019

Today, however, a sudden shift in the market has seen corporates thrusting the commercial card into the center of the conversation about how to optimize their supplier payment practices. Traditionally, the cost and administrative burden of card acceptance has kept the tool from gaining traction in accounts payable.

B2B 53

B2B Accounts Payable Cash Management Reconciliations 53

PYMNTS

JANUARY 29, 2020

Michael Cichy, general manager of the Americas at Palette Software , said FIs continue to face barriers when developing products and services that can compete with agile FinTechs. Time to market and cost are the primary challenges banks will face” in developing their own products. Unlocking Data to Unlock Value.

Banking 52

Banking Accounts Payable Vendor Management Reconciliations 52

CFO Share

JULY 8, 2021

How to perform 13 week cash flow forecasting. A rolling 13 week cash flow model is updated weekly by your CFO, accounting team, and management in a collaborative session. Typically accounts receivable are the most certain inflows, followed by prospective sales, debt funding, and equity investment. .

Cash Flow Forecasting 59

Cash Flow Forecasting Forecasting CFO Accounts Payable 59

PYMNTS

JANUARY 14, 2020

This complicated process can involve everything from accounting and invoicing software to bank accounts. Being able to handle accounts receivable (AR) and payable (AP) processes with minimal hassle or manual labor is bound to be high on business owners’ wish lists, after all, and integration-savvy banks can accommodate just that.

Cash Management 52

Cash Management Invoicing Accounting Leverage 52

PYMNTS

DECEMBER 11, 2019

and elsewhere has opened up an opportunity not only for new businesses to form, but for those young companies to leapfrog over the growing pains of digital transformation experienced by their peers in other markets, and emerge as tech-savvy, digital companies from the get-go. Translating Consumer Cash To Supplier Payment. .”

B2B 52

B2B Invoicing Accounts Payable Compliance 52

PYMNTS

MAY 16, 2016

Between treasury management, accounting, invoicing, cash management and all the other money tools corporates have access to today, it’s a wonder CFOs can keep their heads on straight. The cookie-cutter treasury management solution offered by a bank may not fit a business in its first year as it fits in its 20th.

Treasury 41

Treasury Cash Management Accounts Payable Invoicing 41

PYMNTS

JUNE 20, 2016

Today, there are more technologies than ever that can help a company gain visibility into cash flow. But market conditions have also made it more difficult than ever to understand how much money a firm has, where it is, who it’s going to and what form of currency it’s in. billion from cyberattackers since Oct.

Accounts Payable 41

Accounts Payable Currencies Invoicing Profit and Loss 41

PYMNTS

MAY 18, 2017

The more payment, cash management, cash flow forecasting, ERP and other digital platforms integrated, the more difficult it can be for a company to envision its own financial health across all of this data. Risk, in particular, is susceptible to fast-moving market fluctuations.

Treasury 40

Treasury Cash Flow Forecasting Risk Management Communication 40

PYMNTS

DECEMBER 24, 2018

All the world’s a stage, to quote the Bard, and it seems not much in the world is certain, with volatility seemingly the name of any game in 2018, from geopolitics to cryptocurrencies to stock markets. Against that backdrop, and when it comes to payments, currencies can be volatile, too. Not bad, but there is room for improvement.

Numbers 65

Numbers B2B Currencies Accounts Payable 65

PYMNTS

AUGUST 22, 2016

The latest research puts a price tag on the finances of better procurement, banking, cash management and innovation among small and medium-sized businesses. Meanwhile, half of SMEs surveyed said they do their own bookkeeping, and 20 percent said they don’t use any kind of accounting software.

Finance 40

Finance Accounts Payable Startups Banking 40

PYMNTS

JANUARY 26, 2017

“Processing corporate payments as peer-to-peer, directly on blockchains, gives for instant settlement and, therefore, real-time reconciliation and accounting,” the company said. Real-time payments and reconciliation, the company added, could be a major boost to corporate cash management efforts, too. A Realistic Approach.

SAP 57

SAP Invoicing Reconciliations B2B 57

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. I interviewed 50 people that held CFO, finance manager, and financial analyst type roles. In the startup world, unit economics is the new product market fit.

CFO 52

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

PYMNTS

APRIL 18, 2016

For instance, businesses need to figure out how to strike reliable partnerships in overseas markets. They’re having to look at new markets abroad, and the challenges that come with that aren’t easily solved.” Payments And Data Become One.

Foreign Exchange 40

Foreign Exchange Invoicing B2B Accounts Payable 40

PYMNTS

APRIL 1, 2016

A tool that allows users to snap a picture of a paper check with their smartphone and deposit it into a bank account — without ever having to visit a bank branch — is becoming commonplace for consumers. So, when a consumer deposits a physical check via mobile device, the funds arrive in the account, and the transaction is complete.

B2B 41

B2B Accounts Payable B2C Banking 41

PYMNTS

MARCH 1, 2016

Meanwhile, AvidXchange, which provides accounts payable and automation solutions for corporations, also landed among the elite with a $225 million funding round led by Bain Capital in September. Affirm, for instance, secured $275 million last May and, soon after, announced plans to link businesses operating over Shopify with financing.

B2B 40

B2B Foreign Exchange Accounts Payable Startups 40

PYMNTS

JUNE 22, 2016

And as one of the largest industries impacting the global economy, the oil and gas sector must push through the pressures of high-volume cash management, regulation and even influences from its own labor force. . For one, Mullaney said, the sheer volume of cash flowing throughout the market makes payment a make-or-break function.

B2B 40

B2B SAP Accounts Payable Invoicing 40

PYMNTS

JUNE 9, 2017

That’s especially true in corporate accounting, says Beanworks CEO Catherine Dahl. It’s an interesting time in accounting, and there’s a huge change coming,” she recently told PYMNTS, adding that digitization will become the norm, empowering humans to take on more strategic tasks while technology handles the repetitive stuff.

Accounting 43

Accounting Technology Accounts Payable Invoicing 43

PYMNTS

JANUARY 20, 2021

According to Rajiv Ramachandran , senior vice president of product strategy and management at Coupa , the pandemic was a “wake-up call” for many finance leaders who experienced a jolting breakdown of key functions. There were cases where some of these finance teams could not even understand what their cash visibility looked like.”.

B2B 125

B2B Prioritization Invoicing Corporate Finance 125

PYMNTS

MAY 31, 2019

Accounts payable, cloud migration, Big Data and even legal management for startups raising new funding were all targeted among investors. Accounts receivable and invoicing company Crowdz announced a $5.5 Agosto said it will add to its sales and marketing team, and promote its Skykit content management system solution.

B2B 57

B2B Accounts Payable Invoicing Valuation 57

PYMNTS

JULY 31, 2017

Joining in that disruption, Onymy Infocomm recently announced news that it has just launched PayBee , a platform that supports B2B payments for both buyers and suppliers, as well as invoice management and transparency into transactions that, according to the firm, can support enhanced cash management for SMEs.

Invoicing 40

Invoicing B2B Accounts Payable Cash Management 40

PYMNTS

AUGUST 5, 2019

According to ePayRails CEO Richard Jackman, the company will deploy the funding to buildout its ePayRails Payment Hub, invest in sales and marketing, and bolster its back-office client support offerings. ePayRails is taking a dynamic, long-term approach to addressing specific issues all organizations face with respect to cash management.”

B2B 40

B2B Startups Securities Accounts Payable 40