Future CFO

MARCH 16, 2022

Hexamatics Servcomm , an HR and business process service provider headquartered in Malaysia, decided at the onset of the current pandemic to automate its operational account and control (OAC) function, which has been crucial in reducing daily operation time by 50% to 60%. For each process, we create an SOP.

Finance 98

Finance Accounts Payable Invoicing Compliance 98

PYMNTS

JUNE 4, 2020

The International Accounting Standards Board introduced a significant overhaul to lease accounting standards , and while the changes went into effect at the start of 2019, corporates continue to face challenges to adhere to the standards and remain compliant. In the U.S., “A primary example would be Walmart,” explained Mia.

Accounting 52

Accounting Accounting Standards Cash Flow Forecasting Compliance 52

PYMNTS

FEBRUARY 28, 2020

One of the latest FinTech firms to do so is accounts payable (AP) automation company Centsoft , which recently announced a data integration with QuickBooks Online. It’s one thing to enable two B2B FinTech platforms — like an accounts payable and accounting platform — to share data with each other.

Accounts Payable 83

Accounts Payable Banking Invoicing B2B 83

PYMNTS

DECEMBER 10, 2019

-based FinTech specializing in facilitating payments for small business accountancy firms, is partnering with BIN (bank account identification number) sponsor Moorwand to further streamline the payments experience for accountants and bookkeepers. In a press release issued Tuesday (Dec. In a press release issued Tuesday (Dec.

Accounting 52

Accounting B2B Accounts Payable Accounting Firms 52

PYMNTS

JANUARY 6, 2021

ReadSoft Online, the release stated, is Kofax's Software-as-a-Service (SaaS) tool for invoice data extraction and automating accounts payable (AP) services. That has allowed banks and other financial institutions to cut processing times, boost compliance and increase productivity.

Accounts Payable 73

Accounts Payable Invoicing Compliance Finance 73

PYMNTS

JANUARY 7, 2019

“Our partnership with Cass, an information processing and financial holding company with considerable experience in routing and handling B2B payments, provides Finexio and our customers access to a Federal Reserve member bank with a comprehensive suite of compliance and fraud detection tools.

Compliance 43

Compliance B2B Accounts Payable Banking 43

Future CFO

AUGUST 1, 2023

The demand for mobile wallets, online banking services, and the increasing adoption of digital technologies has led to the expansion of the financial applications market in Asia/Pacific. As a result, the market for cloud-based financial applications in the region will witness significant growth in the coming years.

Invoicing 98

Invoicing General Ledger Reconciliations Budgeting 98

https://trustedcfosolutions.com/feed/

JUNE 2, 2022

In that case, you may be looking for more powerful real-time accounting solutions to provide you with a better view of your entire operation and help with things like taxation, HR, multiple currencies, and more. Secure access to your key data from anywhere, at any time, because your accounting solution is cloud-based.

Finance 104

Finance General Ledger IFRS GAAP 104

PYMNTS

AUGUST 28, 2019

Accounts payable automation company AvidXchange is strengthening its position in the banking and financial services sector through the acquisition of BankTEL, the company said Tuesday (Aug. AvidXchange has reached an agreement to acquire BankTEL Systems, which provides accounting technology to banks.

Accounts Payable 59

Accounts Payable Banking Invoicing SAP 59

PYMNTS

OCTOBER 23, 2020

And while investors targeted an accounts payable payments startup as well as another platform designed to help other startups understand their equity, a common theme this week was investment in risk mitigation capabilities. This week's B2B Venture Capital roundup saw more than $76 million in new funding. The company highlighted the $8.14

B2B 63

B2B Startups Accounts Payable Compliance 63

PYMNTS

OCTOBER 16, 2020

Venture capital funding landed at startups focused on accounts payable (AP) and cybersecurity this week — with one payables startup raising $23 million in funding. Venture capital funding landed at accounts payable (AP) and cybersecurity technology firms, among other innovators that raised money this week.

B2B 69

B2B Accounts Payable Management Consulting Startups 69

PYMNTS

SEPTEMBER 20, 2018

Requirements around the recording of digital data — for instance, newer rules on Hours of Service records and electronic recording of drivers’ hours worked — have industry players adopting tools to maintain compliance.

Accounting 63

Accounting Invoicing Accounts Payable Transportation 63

PYMNTS

FEBRUARY 6, 2019

This shift has been so acute that small business cloud accounting firm Xero is even petitioning the Oxford English Dictionary to change the definition of “accountant” to one that includes the word “advise.” Changing Demand. That demand for human talent, by the way, hasn’t decreased.

Corporate Finance 74

Corporate Finance Accounting Finance Accounts Payable 74

PYMNTS

OCTOBER 11, 2016

For years, accounts payable has had a reputation for being slow, manual and inefficient. A report released by the B2B payments company this month, conducted by TechValidate Market Research, found that the majority of companies are still depending on manual processes in their accounts payable routines.

Accounts Payable 75

Accounts Payable Invoicing Business Analytics B2B 75

CFO Share

NOVEMBER 3, 2023

It’s common for many small business owners and finance directors to handle accounts receivable, accounts payable, and other financial tasks themselves in the early days. Your time is very important Who: Small business owners juggling multiple roles, from marketing to finance.

Invoicing 52

Invoicing Accounts Payable Compliance Financial Analysis 52

CFO Talks

MARCH 20, 2024

Think of a Controller as the head of getting day-to-day money matters right, like making sure every penny is accounted for and reports are spot-on. Accounting Responsibilities: Both the CFO and Controller collaborate on overseeing the annual audit, ensuring thoroughness and compliance.

CFO 52

CFO Accounts Payable Financial Analysis Auditing 52

PYMNTS

SEPTEMBER 17, 2020

That's particularly true for finance teams like accounts payable , accounting or payroll. Bad habits of saving important documents any old place, and assuming you and coworkers can easily find them later, rarely flies in industries where compliance is key.". Take the electronic invoice, for example.

Accounts Payable 63

Accounts Payable Compliance Invoicing Finance 63

PYMNTS

JULY 3, 2019

Their collaboration aims to address procure-to-pay regulatory compliance and fraud risks, the firms said. “Microsoft Dynamics is, today, a fast-growing environment, and Prodware is clearly the expert and the recognized leader in this market,” said ITESOFT Chief Marketing Officer Frederic Massy in a statement.

Accounts Payable 46

Accounts Payable Invoicing B2B Compliance 46

CFO Leadership

DECEMBER 12, 2022

This includes traditional offerings such as retirement savings (401K) and health savings accounts (HRA, HSA). Asset-based loans: Businesses can borrow based on their own financial and physical assets, which can range from accounts receivables and inventory to equipment and real estate. Maintenance and Expansion.

Accounts Payable 95

Accounts Payable Leadership CFO Strategic Planning 95

PYMNTS

SEPTEMBER 15, 2020

It also offers accounts payable (AP) automation that controls vendor account data, while harnessing biometrics and machine learning for the purposes of identity verification and compliance.

B2B 70

B2B Vendor Management Accounts Payable Education 70

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

PYMNTS

DECEMBER 16, 2016

Though many financial institutions recognize the opportunity to help middle-market businesses automate their AP payments, they have not been able to fully capitalize on the opportunity. Here the elusive payments opportunity meets or, in fact, doesn’t meet, the elusive audience: accounts payable automation for middle-market firms.

Marketing 61

Marketing Accounts Payable Accounting Construction 61

PYMNTS

SEPTEMBER 25, 2020

We have deep dives on the financial health of Main Street small and medium-sized businesses (SMBs), digital accounts payable (AP), and GoodRx ’s initial public offering (IPO). . HSBC To Staff: Stay Off Bank’s Social Media Accounts . Massachusetts-based accounts payable (AP) automation technology firm MineralTree Inc.

Accounts Payable 61

Accounts Payable Treasury Construction Accounting 61

PYMNTS

JANUARY 27, 2020

Market forces (and, some would say, unabashed corporate greed) repurposed legions of former full-timers into a virtual army of self-employed free agents. Companies that outsource large amounts of work in a freelance model are learning that legacy accounting software isn’t set up for that. In It for the Money .

Accounts Payable 88

Accounts Payable Invoicing Compliance Currencies 88

PYMNTS

JUNE 15, 2017

The company added that the integration of these capabilities into its offering is part of a broader effort to innovate in the areas of accounts payable, P2P, supply chain management and working capital optimization. trillion in corporate spend across the globe for its SME clients.

Accounts Payable 56

Accounts Payable Auditing Compliance Technology 56

PYMNTS

FEBRUARY 27, 2018

Regardless of the reason, these methods can pose problems, including reduced spend visibility, making it difficult to both track and enforce policy compliance and to perform back-office functions, such as reconciliation and reimbursement as well,” said GBTA Foundation Director of Research Monica Sanchez in a statement when the report was published.

B2B 41

B2B Marketing Accounts Payable Reconciliations 41

Future CFO

FEBRUARY 13, 2023

ICTSI) as senior vice president, chief financial officer and compliance officer says the company’s digitisation agenda was fast-tracked considering state lockdowns during the pandemic. “We He also recommends continuing dialogues with banks that offer market insights to craft good strategies for funding and risk management.

Treasury 98

Treasury Cash Management Restructuring Accounts Payable 98

PYMNTS

OCTOBER 30, 2018

For example, Mike Leiba, COO of GreenSlate , said the continued reliance on paper checks challenges both the accounts payable (AP) and payroll functions of entertainment industry employers. Among the largest: a significant reliance on gig workers, and how it impacts everything from employee onboarding to compliance.

Entertainment 53

Entertainment Accounts Payable Compliance Accounting 53

PYMNTS

AUGUST 19, 2019

Moreover, in terms of the larger picture, more than 96 percent of enterprise spend beyond that of payroll is related to accounts payable; 3.7 AI, she added, can enforce regulatory compliance and verify receipts across dozens of languages. percent of the remainder is T&E related. AI, according to the findings, can flag 8.7

Auditing 56

Auditing Accounts Payable Invoicing Healthcare 56

PYMNTS

NOVEMBER 19, 2019

The compliance burden of a legal marijuana business having to manage regulations that vary by state, and between the state and federal level, has created a banking conundrum for a market forced to rely heavily on cash. But the compliance challenges associated with this market are not easily (or quickly) addressed.

Compliance 43

Compliance Accounts Payable Banking B2B 43

PYMNTS

OCTOBER 13, 2016

According to Nexus, the funds will be used to focus on product development, sales, marketing and expansion of its onboarding and client services teams. ” Nexus offers the NexusPayables solution to automate the accounts payable process for companies starting at the beginning of their procurement activity. .

Accounts Payable 62

Accounts Payable Invoicing Compliance Leverage 62

Spreadym

AUGUST 17, 2023

Data Integration : Dashboards often pull data from various sources, such as accounting software, ERP systems, CRM systems, and other data repositories. Financial reporting dashboards can be used by various departments within an organization, including finance, operations, sales, marketing, and executive leadership.

Financial Reporting 52

Financial Reporting CFO Cash Flow Forecasting Budgeting 52

PYMNTS

APRIL 23, 2019

Source-to-pay and eInvoicing solution provider Basware has struck a collaboration with Valta Technology Group (Valtatech) to enhance automation in Australia’s superannuation market. ” He added, “Our teams are now fully focused on making this project a total success for a number of funds, their suppliers and their members.”

Accounts Payable 43

Accounts Payable Budgeting Compliance Accounting 43

PYMNTS

APRIL 19, 2019

The big news in B2B FinTech investment this week came from Airbnb , which is bolstering its presence in the business travel market with new funding, while corporate card startup Brex also secured a prominent debt capital investment. Lyric plans to use the investment to expand its operations as it continues to focus on regulatory compliance.

B2B 69

B2B Investments Accounts Payable Benchmarking 69

PYMNTS

AUGUST 20, 2019

Middle market companies need help navigating the complexities of accounts payable management, especially when it comes to cross-border, cross-currency payments. The company has also focused its efforts on the middle market swath of firms. It seems to me that the market is hungry for a solution,” he told Webster.

Accounts Payable 51

Accounts Payable Currencies Compliance B2B 51

PYMNTS

JANUARY 26, 2021

Terrence McCrossan , CEO of Oversight , spoke with PYMNTS about the opportunity organizations have to not only keep employee spending in check, but to optimize the ways the enterprise spends money across functions, from T&E (travel and entertainment) to accounts payable (AP) and procurement.

Auditing 75

Auditing Invoicing Compliance Accounts Payable 75

PYMNTS

MAY 23, 2019

The B2B space is ripe for transformation, where outdated payment processes mark accounts payable (AP), and where technology can make all the difference as corporates choose their banking partners to satisfy their payment needs. Banks And FinTech Firms Together.

Banking 76

Banking Accounts Payable Leverage Technology 76