PYMNTS

JUNE 24, 2020

To help project managers and administrators save time, Centsoft has unveiled an accounts payable (AP) automation technology for firms in the construction industry. Its technology automatically brings in vendor accounts, the vendor register and currencies. It then puts the invoice information into a dashboard.

Construction 75

Construction Accounts Payable Invoicing SAP 75

PYMNTS

MARCH 18, 2020

In a recent conversation with PYMNTS, Bectran Business Development and Implementation Manager Dominic Biegel reflected on the deepening relationship between an organization’s accounts receivable (AR) operations and its clients’ accounts payable processes. 1st Commercial Credit Discusses Payables Finance.

B2B 67

B2B Accounts Payable SAP Invoicing 67

PYMNTS

SEPTEMBER 24, 2019

San Mateo accounts payable automation startup Tipalti won $76 million in a funding round led by Zeev Ventures. The FinTech accounting firm will use the series D funds to grow the platform and its artificial intelligence (AI) tools that can read, process, pay and track invoices. . full-time accounts payable employees. . “As

Accounts Payable 49

Accounts Payable Startups Accounting Invoicing 49

PYMNTS

APRIL 22, 2020

With more B2B payment technology providers turning their attention to the electronic invoice, the document has become a keystone that connects accounts payable (AP) and accounts receivable (AR) portals. Taulia Targets Supplier Invoicing Via The Buyer. Tradewind Eases Buyer-Supplier Cash Flow.

Accounts Payable 56

Accounts Payable Invoicing B2B Currencies 56

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

SEPTEMBER 25, 2019

Cloud-based finance software Bill.com can now facilitate international payments in 106 currencies and 137 countries, the company announced in a press release on Wednesday, Sept. But businesses need a partner that can help them manage the complexities that come with processing multi-currency invoices and making payments in local currencies.

Currencies 40

Currencies Accounts Payable Valuation Invoicing 40

Spreadym

OCTOBER 13, 2023

Managing Accounts Receivable: Efficiently manage your accounts receivable by invoicing promptly, offering discounts for early payment, and pursuing collections for overdue payments. Managing Accounts Payable: Delay payments to suppliers only when it is advantageous and do not jeopardize supplier relationships.

Cash Flow Forecasting 59

Cash Flow Forecasting Accounts Payable Forecasting Invoicing 59

PYMNTS

DECEMBER 11, 2019

Yet, as innovators have chip away at friction points, they have recognized the value of incorporating a supplier’s accounts receivable (AR) experience into their solutions. That’s because AR and accounts payable (AP) processes are intrinsically connected. “The person receiving it is just happy to get paid.”

B2B 53

B2B Accounts Payable Invoicing Currencies 53

PYMNTS

NOVEMBER 17, 2020

Cambridge Global Payments , a FLEETCOR firm, and Beanworks Solutions are continuing their collaboration to bring together solutions and offer a full accounts payable (AP) offering to clients, which can streamline their payable workflow spanning between buying and payment for firms that have international business, according to a Tuesday (Nov.

Accounts Payable 84

Accounts Payable Foreign Exchange B2B Invoicing 84

PYMNTS

DECEMBER 15, 2017

Complex on so many levels, especially when it comes to payments and, more specifically, invoicing, where demands for payment are tracked through paper and electronic means. Flywire’s background in the healthcare and education space, along with its existing invoicing system, helped assist these businesses in new ways.

Invoicing 48

Invoicing Reconciliations Currencies Foreign Exchange 48

PYMNTS

JULY 10, 2019

FLEETCOR -owned Cambridge Global Payments has announced the launch of its Invoice Automation Solution. The service automatically extracts data from invoices, PDFs and other trade documents and automates accounts payable while storing payables information for reconciliation and accounting.

Foreign Exchange 64

Foreign Exchange Accounts Payable Invoicing Reconciliations 64

PYMNTS

JUNE 20, 2019

In accounts payable and accounts receivable, rising fraud mitigation efforts may also lead to more false positives, leading to declined commercial card transactions, misplaced suspicion between buyers and suppliers, delays in invoice processing and more. The False Positive Threat.

B2B 73

B2B Accounts Payable Invoicing B2C 73

PYMNTS

OCTOBER 28, 2020

Today in B2B payments, accounts payable automation firm CPS finds a buyer. OpenEnvoy Launches To Provide B2B Invoice Auditing. To help businesses only pay for what they have agreed to buy, OpenEnvoy has been established to offer invoice auditing without intervention. REPAY Inks Deal For B2B AP Automation Firm CPS.

B2B 56

B2B Foreign Exchange Accounts Payable Invoicing 56

PYMNTS

OCTOBER 5, 2020

“The shift I have seen there,” she told PYMNTS of healthcare firms, “that was most effective is providers [the vendors] had their way of going through the process either from an [accounts payable] or [accounts receivable] perspective.”. Comdata, she said, has mimicked the flow from claims to invoice to payment to reconciliation.

Healthcare 130

Healthcare B2B Reconciliations Accounts Payable 130

PYMNTS

JULY 10, 2019

Lisa Lansdowne-Higgins, vice president of business deposits and treasury solutions at the Royal Bank of Canada (RBC), recently told PYMNTS that these three disruptors have a significant opportunity to shake up accounts payable processes thanks to the impact they have on data. Open Banking.

B2B 62

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

PYMNTS

JANUARY 8, 2021

Among other topics extensively reported, PYMNTS' latest Global B2B Payments Playbook , done in collaboration with Worldpay B2B Payments , zeroes in on international B2B payments friction, and how digital invoicing and payments are making it easier for B2B funds to cross borders.

B2B 61

B2B Accounts Payable Invoicing Cash Management 61

PYMNTS

JUNE 11, 2020

To help middle-market firms automate each of their accounts payable (AP) procedures on one platform, MineralTree has unveiled “end-to-end” multi-currency functions. Multi-currency payments from the company’s systems are automated through the connection with the international payments system of TransferMate.

Foreign Exchange 52

Foreign Exchange Accounts Payable Invoicing Currencies 52

PYMNTS

MAY 21, 2020

Payments made on credit also incur significant administrative burden on companies that must reconcile invoices — unless electronic invoicing is used. Cross-border payments can exacerbate points of friction, Ginesta maintained, as cross-currency payments are impacted by exchange fluctuations.

B2B 94

B2B Accounts Payable Invoicing Currencies 94

PYMNTS

SEPTEMBER 24, 2020

Source-to-Pay Software as a Service (SaaS) provider Aavenir announced an update for its Invoiceflow application, which will now speed up automatic invoicing even more, a press release says. Jesal Mehta , Aavenir CEO and founder, said the idea was to lower the barriers for access to automation.

Accounts Payable 43

Accounts Payable Invoicing Prioritization Currencies 43

PYMNTS

FEBRUARY 5, 2020

For the companies that pay these workers, sometimes globally and across currencies, managing accounts payable (AP) processes is quickly becoming a complex endeavor. That includes having the right payment choices in place, as gig workers want to be paid in their home currencies, McGuire noted. The Advantages.

Invoicing 61

Invoicing Accounts Payable Foreign Exchange Currencies 61

PYMNTS

JUNE 11, 2020

Now that businesses have gotten a taste of what it means to automate workflows like invoicing, accounts receivable (AR) and cash management, they’re likely never turning back. That means not only digitizing invoices, but actually integrating payment capabilities on that electronic document, or within the company website itself.

Cash Management 60

Cash Management Invoicing Accounts Payable B2B 60

PYMNTS

AUGUST 18, 2017

Israch said that tasks as far ranging as supplier management, invoice processing and regulatory compliance can be managed through Tiaplti’s AP Hub. Tipalti’s vision is to free the finance and payments team from the minutiae and complexity and risk involved in today’s accounts payable and supplier payments workflow,” Israch said.

Accounts Payable 46

Accounts Payable Invoicing Compliance Auditing 46

PYMNTS

JANUARY 27, 2020

The fact that federal agencies – namely the Bureau of Labor Statistics (BLS) – still refer to gig workers as “contingent workers” involved in “non-primary work” underscores how far behind this megatrend government accounting has fallen. It’s anybody’s guess how gig economy market dynamics will shake out at this point.

Accounts Payable 88

Accounts Payable Invoicing Compliance Currencies 88

PYMNTS

MAY 17, 2017

Coupa Payments takes advantage of Coupa’s partnership with invoice payments company Nvoicepay. Companies can obtain a discount when they pay their invoices using the tool, while suppliers will accept these electronic payments because it means they get paid faster, Coupa noted.

B2B 53

B2B Accounts Payable Invoicing Currencies 53

PYMNTS

FEBRUARY 21, 2020

With the webs of B2B partners , including social media influencers, corporate affiliates, ambassadors, sponsors and beyond ever growing, the volumes of invoices and payments flowing through accounts payable (AP) surge. For example, how you invoice an individual influencer versus how you invoice an SMB can be vastly different.”.

B2B 65

B2B Accounts Payable Invoicing Advertising 65

PYMNTS

JUNE 21, 2018

The stats indicate key areas in which professionals say they are increasing awareness and use of digital solutions to make accounts payable and accounts receivable processes faster, more streamlined and more secure. More than half noted that invoice and payment automation are also highly prioritized within their organizations.

Accounts Payable 44

Accounts Payable B2B Invoicing Prioritization 44

PYMNTS

MARCH 12, 2019

In a press release , the company said its Western Union Business Solutions unit is collaborating with TuChequera.com in Puerto Rico, linking entrepreneurs on the island to cross-border payment services that support more than 130 currencies. Business Solutions now accounts for 7 percent of WU’s total revenues for the quarter.

Accounts Payable 62

Accounts Payable Invoicing Currencies Accounting 62

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

FEBRUARY 27, 2020

More FinTechs embrace the opportunity to collaborate and integrate data with each other, with small business accounting platform QuickBooks Online one of the biggest adopters of this opportunity. Centsoft automatically records important settings including the vendor register, vendor accounts, and currency.”.

Banking 77

Banking Accounts Payable Invoicing Currencies 77

PYMNTS

MARCH 16, 2020

Buyers will be able to pay suppliers in their own countries’ currencies with ease, according to the release. In addition, the deal will allow better reconciliation of payments with the matching invoices. It will also allow real-time payment tracking along with less inquiries about payment-related issues for suppliers.

SAP 99

SAP Foreign Exchange Reconciliations Currencies 99

PYMNTS

JUNE 8, 2020

While the global pandemic has pushed organizations into the digitization fast lane, the need to move accounts payable (AP) to the cloud did not suddenly lift the multitude of barriers organizations have historically faced when modernizing their back offices. ” Prolific Impacts. ” Overcoming Change Inertia.

Accounts Payable 60

Accounts Payable Invoicing Treasury Budgeting 60

PYMNTS

FEBRUARY 12, 2018

The seller gets access to that money in a couple of days, maybe even quicker with new push payments and faster payments initiatives designed to accelerate the speed of settled sales to bank accounts. Bob the builder, the supplier, sends an invoice to Procter & Gamble (P&G) for $100. When Payments Terms Are Instant.

Accounts Payable 43

Accounts Payable Invoicing Accounting Reconciliations 43

PYMNTS

DECEMBER 12, 2019

That’s surprising for several reasons, and here’s a good one: nearly 70 percent of accounts payable (AP) professionals say suppliers value payments speed above all. Contrast that with the fact that well over 40 percent of B2B invoices are still paid by paper check.

B2B 52

B2B Accounts Payable Reconciliations Healthcare 52

PYMNTS

JUNE 20, 2016

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. Digital currencies, cybercrime and complexities of the accounts payable process combine into a mountain of challenges for corporate financial chiefs.

Accounts Payable 41

Accounts Payable Currencies Invoicing Profit and Loss 41

PYMNTS

FEBRUARY 19, 2018

You could call accounts payable (AP) the last mile of payments in a way. And, as those same companies bring business and currency across borders, their supply chains lengthen and transactions transverse currencies, languages and any number of regulatory hurdles.

Auditing 51

Auditing Accounts Payable Currencies Accounting 51

PYMNTS

JULY 10, 2020

Although commercial card products can offer working capital benefits on both ends of the B2B transaction, adoption lags behind other digital payment methods in accounts payable (AP) departments. Those funds are then passed through to the intended supplier predetermined by the buyer at the time the transaction was initiated.

Entertainment 80

Entertainment Accounts Payable B2B Reconciliations 80

PYMNTS

JUNE 17, 2020

The cards will also support multiple currencies and spend management features, with Nium also highlighting the opportunity for business owners to support digitization of their money management strategies through adoption of commercial card products.

Reconciliations 67

Reconciliations Accounts Payable Risk Analysis B2B 67