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

JULY 2, 2020

Often at the center of this initiative is the accounts payable (AP) department — and unsurprisingly for these volatile times, the strategy can turn toward lengthening the days payable outstanding (DPO). “On the buyer side, utilizing cards and shifting away from checks, wire and ACH provides a new credit instrument.”

Economics 104

Economics Accounts Payable B2B Reconciliations 104

PYMNTS

JUNE 22, 2016

In B2B payments, accounts payable automation is a hot topic, as are the challenges AP professionals face when it comes to paying suppliers and managing the data from those transactions. But as Corcentric and IOFM revealed, the accounts receivable department may not have total control over its ability to get automated.

Accounting 42

Accounting Invoicing Reconciliations Accounts Payable 42

The Charity CFO

FEBRUARY 8, 2023

While these are important components of a nonprofit’s success, the statement of cash flows is critical to understanding the timing and sources of cash moving in and out of your organization. What is the nonprofit statement of cash flows? Simply stated, the cash flow statement summarizes an organization’s cash management.

Nonprofit 52

Nonprofit CFO Accounts Payable Concentration 52

PYMNTS

NOVEMBER 8, 2019

Bottomline Technologies reported fiscal first-quarter results that showed continued traction in areas of digital banking and accounts payable (AP) technologies. In terms of headline numbers, consolidated revenues were up 5.6 percent to $108.1 million, edging consensus by about $2 million.

Banking 43

Banking Accounts Payable Healthcare Treasury 43

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. Automation Anywhere.

Accounts Payable 77

Accounts Payable Foreign Exchange Currencies Startups 77

PYMNTS

OCTOBER 1, 2020

At a high level, said Disque, the embrace of automated accounts payable (AP) processes has been consistent across verticals. CSI, he noted, has insight into a number of industries, where the payment processing platform (focused on integrated payables) aggregates and accepts payments on behalf of a wide range of businesses.

Accounts Payable 77

Accounts Payable Cash Management Construction Invoicing 77

PYMNTS

APRIL 12, 2016

Making sure the books add up properly is key to keeping their legal nonprofit status, and that means cash management is paramount. The nonprofit industry has a lot to gain from this payment technology, claims a new whitepaper from vendor management consulting firm Vendor Centric. Not-For-Profit.

Nonprofit 40

Nonprofit Accounts Payable Reconciliations Cash Management 40

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

MAY 5, 2016

Cash management in the accounts payable department goes far beyond paying supplier invoices on time. The prongs of dynamic discounting and developing a strategic payment plan, along with external ways of optimizing cash flow, like supply chain finance, combine into a complex toolset that AP professionals have to manage.

Accounts Payable 40

Accounts Payable Cash Management Invoicing Finance 40

PYMNTS

APRIL 30, 2018

With a threefold increase in the number of corporates who had been hit by a ransomware attack in the last year compared to a year prior, corporate treasurers have been forced to swallow the large, uncomfortable pill of the threat of cyberattacks and fraud on their organizations in a short amount of time. “There is a lot more to be done.”

Treasury 59

Treasury Accounts Payable Securities Accounting 59

PYMNTS

MARCH 1, 2016

The tallies are in: Innovate Finance has calculated the state of investment in FinTech for 2015, and we have the numbers. 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.

B2B 40

B2B Foreign Exchange Accounts Payable Startups 40

PYMNTS

APRIL 18, 2016

“From a cost standpoint, there is significantly more friction doing business cross-border than there is domestically,” he stated, “from the coordination between buyer and seller, accounts payable and accounts receivable processes and being able to coordinate information flow with money flow.”. Payments And Data Become One.

Foreign Exchange 40

Foreign Exchange Invoicing B2B Accounts Payable 40

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. 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

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. . Oil and gas is big business, with monumental funds at stake when it comes to B2B transactions. ” . .

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

CFO Simplified

SEPTEMBER 16, 2022

The checks were prepared by the trusted Accounting Clerk, who has been with the company for over 20 years and is the sister of the owner’s next-door neighbor. The owner, needing to move on to more pressing issues, quickly signs the checks and returns them to the Accounting Clerk for mailing. Does this scenario sound familiar?

Accounts Payable 52

Accounts Payable Invoicing Risk Management Accounting 52

CFO Simplified

APRIL 8, 2022

This person learns all the ins and outs of the accounting system and everything else about the business. Also, although the company was profitable, it wasn’t building any cash balances. Significant Findings and Recommendations: Internal Controls – Cash Operations. The office manager controlled the company’s financial operations.

Accounts Payable 52

Accounts Payable Cash Flow Forecasting Reconciliations CFO 52

Beacon CFO Plus

JUNE 16, 2023

There are a number of internal controls that address operational and financial risks. A greater risk of error or fraud results when multiple tasks are managed by only one person. The monetary figures are similar, but the impact of the loss would be more significant at a smaller organization.

Accounts Payable 52

Accounts Payable CFO Auditing Risk Management 52

PYMNTS

OCTOBER 16, 2020

A thorough knowledge of one’s cash flow is a necessity, and lacking such transparency can hinder a company’s ability to do everything from paying rent and finalizing future quarters’ budgets to compensating employees. The ongoing pandemic is also changing the status quo regarding cash flows and placing greater emphasis on quick transactions.

Treasury 76

Treasury B2B Accounts Payable Cash Management 76

PYMNTS

MAY 31, 2017

While it’s commendable for a micro-business owner to want to remain small enough to control the books, the fact is, many entrepreneurs are inept when they put on their accountant’s hat. ” The same issue falls upon that part-time accountant or small business bookkeeper, Simpson added. and she has Wave.

Cash Management 51

Cash Management Invoicing Accounts Payable Financial Data 51

PYMNTS

NOVEMBER 6, 2019

If a small business buys office suppliers from a vendor once a month, it can be relatively straightforward for the accounts payable (AP) department receiving that supplier invoice to notice if their company has been overcharged. Deeper Data Troves.

Invoicing 40

Invoicing Accounts Payable General Ledger Forecasting 40