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. For accounts receivable, when the link is right there to pay the invoice, nothing falls through the cracks,” he said.

Accounts Payable 56

Accounts Payable Invoicing B2B Currencies 56

PYMNTS

SEPTEMBER 17, 2020

This week's roundup of the convergence of accounts payable (AP) and accounts receivable (AR) takes a look at how B2B payments solution providers are considering both buyers and suppliers as a result of the pandemic. A lot of AP service providers don't think of the other side," said Chanda. "If

B2B 92

B2B Vendor Management Marketing Accounts Payable 92

PYMNTS

DECEMBER 22, 2020

It also examines what tools companies can tap to make these payments swiftly and securely. Virtual cards are seeing growing interest from B2B companies during the ongoing pandemic because they allow businesses to make and receive payments digitally with an additional layer of security. Around The Global B2B Payments World.

B2B 94

B2B Accounts Payable Construction Accounting 94

PYMNTS

JULY 10, 2019

The service automatically extracts data from invoices, PDFs and other trade documents and automates accounts payable while storing payables information for reconciliation and accounting. Last year, Frey spoke with PYMNTS’ Karen Webster about some of the biggest challenges of FX management.

Foreign Exchange 64

Foreign Exchange Accounts Payable Invoicing Reconciliations 64

PYMNTS

DECEMBER 10, 2019

The provider’s new Money Transfer API supports fund transfers directly into overseas bank accounts, while another API supports money settlement in local currencies to spare recipients from the frictions of handling conversions. The API system enables FIs to quickly and securely provide necessary data, saving time for all parties.

Treasury 52

Treasury Accounts Payable B2B Banking 52

PYMNTS

FEBRUARY 21, 2020

Fast payments, reliable identification, security and seamless booking remain key ways that such homesharing sites can maximize growth. Renters and homeowners may prefer different currencies or payment methods, like mobile wallets or wire transfers, for example. The other key factor is security. The Security Factor .

Accounts Payable 90

Accounts Payable Securities Currencies Accounting 90

PYMNTS

JANUARY 28, 2021

“As you progress, and digital assets start to integrate into finance, then you start to see companies looking to hedge [foreign exchange (FX)] exposure, or looking to reduce an emerging market currency volatility, by holding digital assets.”. Embracing A New Paradigm.

Treasury 84

Treasury Foreign Exchange Accounts Payable Prioritization 84

PYMNTS

APRIL 4, 2019

Octet and WEX will be looking to further facilitate seamless, efficient and secure supply chain payments,” Clive Isenberg, CEO of Octet said in a press release. At WEX, we’re continuously developing improved accounts payable solutions that create better products and services for customers. “At

Accounts Payable 64

Accounts Payable Currencies Planning Securities 64

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. Nearly half of corporates said their security concerns are higher this year than they were in 2017.

Accounts Payable 44

Accounts Payable B2B Invoicing Prioritization 44

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. Existing backers, such as Xavier Niel, also participated in the funding.

Accounts Payable 77

Accounts Payable Foreign Exchange Currencies Startups 77

PYMNTS

APRIL 8, 2020

Global accounts payable software company Tipalti said Wednesday (April 8) it will waive fees for guilds, nonprofits, and trade groups to assist them in getting cash to their members during the coronavirus crisis. “We Tipalti automates payroll in 190 countries, using six payment methods and 120 currencies, according to the company.

Nonprofit 52

Nonprofit Accounts Payable Currencies Banking 52

PYMNTS

OCTOBER 22, 2020

Companies are therefore reconsidering their accounts payable (AP) and accounts receivable (AR) strategies, including everything from how they place orders to how they pay for them. This could lead to more buyers to start using B2B eCommerce sites to secure items, and these marketplaces are expected to facilitate $3.6

Invoicing 63

Invoicing Foreign Exchange B2B Accounts Payable 63

PYMNTS

AUGUST 18, 2017

The AP Hub’s multi-entity offering splits headquarters and individual sub-entities’ preferences, allowing for the team at HQ to control the finance side and sub-entities to determine brand preferences, including the types of currencies used and workflow capabilities. and overseas.”.

Accounts Payable 46

Accounts Payable Invoicing Compliance Auditing 46

PYMNTS

FEBRUARY 27, 2020

Implications on data security in the financial services market are particularly sensitive, he added, particularly as the government looks to reign in shadow banking. Centsoft automatically records important settings including the vendor register, vendor accounts, and currency.”.

Banking 77

Banking Accounts Payable Invoicing Currencies 77

PYMNTS

APRIL 17, 2020

Smooth accounts payable (AP) processes are critical in the spice business, in which purveyors must send funds securely to vast numbers of distributors and growers worldwide. … We don’t write it down even, [but] it’s all in our accounts payable [system],”. Catering to Spice Suppliers’ Payment Tastes.

Accounts Payable 60

Accounts Payable Securities Accounting Invoicing 60

Future CFO

MAY 15, 2023

Information from every corner of the business and world is centralised, secured, and accessed from anywhere — leading to greater agility and faster, more confident decision-making. By assessing risk positions and gaining insights into commodity price changes and currency conversion rates, businesses can better mitigate financial risks.

IFRS 52

IFRS SAP Accounts Payable Compliance 52

PYMNTS

MAY 2, 2019

million, a 5 percent increase compared with the same period last year (8 percent on a constant currency basis). As PYMNTS covered in February, UMB Financial Corporation teamed up with Bottomline Technologies to integrate an accounts payable management offering for corporate customers. Those revenues hit $75.5

Technology 43

Technology Accounts Payable Strategic Planning Leadership 43

PYMNTS

MARCH 19, 2018

The organization recently announced the results of a new survey that found SMBs across Canada wanted more choice in payment technologies for point-of-sale (POS) systems as well as for the back office in accounts payable.

Accounts Payable 40

Accounts Payable Prioritization Currencies Accounting 40

PYMNTS

SEPTEMBER 10, 2019

Tokenized data also allows for secure transmission of information, Phalen noted, allowing payment instructions to safely move between institutions and corporates. A surge in B2B payments adoption has also introduced a new challenge: overwhelming choice, making cross-platform integration a headache. “Our

B2B 59

B2B Accounts Payable Accounting Technology 59

PYMNTS

JANUARY 13, 2017

It marks the incubator’s quest for a second round of startups to support; its first round included Yoke Payments , which won the PYMNTS.com Best POS Innovation award last year, as well as Spend Secure LLC, which offers mobile payments, accounts payable and travel expense management solutions. “We

B2B 49

B2B Foreign Exchange Accounts Payable Startups 49

PYMNTS

FEBRUARY 18, 2019

Indeed, what will drive crypto adoption, Chell told PYMNTS, is in the technology’s ability to reduce payments friction, and integrate compliance and security. However, the company first rolled onto the scene as a partner of GunBroker , allowing the firearms retailer to offer its own digital coin as a more secure form of payment.

B2B 70

B2B Compliance Accounts Payable Securities 70

PYMNTS

MAY 17, 2018

The bank serves 19 European countries, it said in a statement, with the Euro as their currency. Management companies and board members face a daunting challenge of paying vendors securely and on time,” stated Michael Praeger, CEO and Co-Founder of AvidXchange. “We In addition, the company has partnerships in place with several banks.

Banking 43

Banking Accounts Payable Treasury Currencies 43

PYMNTS

DECEMBER 27, 2019

Uber was ordered to stop securing business in Colombia via its popular ride-hailing app. Among the common themes to emerge: Change will come to the point of sale (POS), moved by the continued pivot to contactless ways to pay — and the demographic change that will bring the mighty millennial more buying power.

Accounts Payable 40

Accounts Payable B2B Currencies Startups 40

PYMNTS

MAY 31, 2018

The IRS is hiring and training more than 3,000 agents to enforce its Foreign Account Tax Compliance Act (FATCA), and the onus is now on the payer to collect all necessary tax documents from the payee and validate the info on those forms. DadeSystems. That’s what he said the startup aimed to create in its mobile tool for corporate deposits.

Startups 43

Startups Compliance Accounts Payable Invoicing 43

PYMNTS

MAY 31, 2018

The IRS is hiring and training more than 3,000 agents to enforce its Foreign Account Tax Compliance Act (FATCA), and the onus is now on the payer to collect all necessary tax documents from the payee and validate the info on those forms. DadeSystems. That’s what he said the startup aimed to create in its mobile tool for corporate deposits.

Startups 40

Startups Compliance Accounts Payable Invoicing 40

PYMNTS

OCTOBER 22, 2019

They frequently face delays and rack up fees as they pass through multiple FIs, and parties making these payments often wrestle with currency conversions and value fluctuations. Morgan is also working to help accelerate money movement by testing a digital coin prototype that aims to send funds between bank accounts using blockchain.

B2B 41

B2B Foreign Exchange Accounts Payable Banking 41

PYMNTS

MAY 31, 2016

An accounts payable team can now see their entire processes automated, from invoice management to payment, meaning suppliers get compensated quickly, digitally and regardless of geographical location. These are the types of international payments that need to land in a country in both local currency and others, like the U.S.

Invoicing 41

Invoicing Accounts Payable B2B Prioritization 41

PYMNTS

JUNE 15, 2016

Automating the accounts payable process has become a paramount priority for businesses looking to achieve top-tier performance levels. Kremer said he is witnessing a rise in SMEs prioritizing payments security, which could cause businesses to need some time before they’re comfortable with fully automating an expense.

Invoicing 40

Invoicing Accounts Payable Prioritization Currencies 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

PYMNTS

MAY 7, 2020

Deepening ties between accounts payable (AP) and accounts receivable (AR) departments will be key to ensuring buyers and suppliers remain viable. Dynamic discounting can mean lucrative discounts on the accounts payable side, and faster payments on the accounts receivable side.

Accounts Payable 60

Accounts Payable SAP B2B Currencies 60

PYMNTS

JULY 16, 2020

Commercial card innovation continues to make big waves in the accounts payable (AP) department, as corporates and card issuers alike explore new ways to drive business spend on cards beyond business trips or ad-hoc purchases. Accrualify Taps Visa For Corporate Card Offering. Privacy.com Sets Sights On Business Cards. Now, with $10.2

Accounts Payable 64

Accounts Payable SAP B2B Invoicing 64

PYMNTS

JULY 26, 2019

Gusto’s payroll technology secured the largest investment round of the week with $200 million. But a closer look at the rest of the B2B funding market shows investors turned to FinTechs helping small businesses grow and operate across borders, with FX, cross-border payment, and trade finance solutions securing new funding. Raising $62.26

B2B 62

B2B Accounts Payable Startups Currencies 62

PYMNTS

FEBRUARY 12, 2020

The integration will help to grow Esker’s order-to-cash (O2C) solution by allowing for secure online payment capabilities around the world. “As They can connect in over 40 countries and 135 different currencies inside of the U.S., Latin America, Asia and Europe.

Accounts Payable 69

Accounts Payable Invoicing Currencies Securities 69

PYMNTS

APRIL 1, 2019

With smaller institutions now able to offer supply chain financing to their own customers, SCF FinTech firms have similarly had to focus on flexibility of their technologies to account for a broader customer base. In that case, invoice submission and approval becomes more efficient, yet buyers must adjust their accounts payable processes.

Finance 73

Finance Accounts Payable Invoicing Benchmarking 73

PYMNTS

OCTOBER 23, 2019

Bank of America similarly debuted an Accounts Payable Optimization tool that enables AP professionals to automatically choose which payment method is most appropriate for their vendors based on factors like supplier acceptance and preference.

B2B 40

B2B Accounts Payable Foreign Exchange Treasury 40

PYMNTS

MARCH 19, 2020

In that initiative, i2c processes multi-currency payments on the FinTech’s new B2B Airwallex Borderless Card, which uses the Visa rails to bring the solution to scale. “Leveraging the Visa acceptance network will create more stickiness,” McCarthy noted. More Hurdles Ahead.

B2B 95

B2B Foreign Exchange Accounts Payable Currencies 95

PYMNTS

MARCH 31, 2020

In a recent interview with PYMNTS, GrainChain Founder and CEO Luis Macias said blockchain promotes the security and privacy traditional banks demand from any solution, while smart contract technology mitigates risk and promotes trust in B2B payment and trade finance transactions. Plastiq Eases Card Rail Friction. In the U.K.,

B2B 77

B2B Invoicing Leadership Banking 77