PYMNTS

JANUARY 13, 2021

FDIC) and the Treasury Department have reportedly launched an inquiry into American Express Co. Other sources said the Office of the Comptroller of the Currency (OCC) is also looking into the matter. Other sources said the Office of the Comptroller of the Currency (OCC) is also looking into the matter.

B2B 66

B2B Accounts Payable Treasury Currencies 66

PYMNTS

SEPTEMBER 4, 2018

One of the areas ready for real-time disruption is foreign exchange (FX) management, which is “the road to real-time treasury,” according to the report. Real-time payment capabilities enable businesses to take advantage of faster currency conversions and real-time FX rate management.

Foreign Exchange 40

Foreign Exchange Banking Accounts Payable Treasury 40

PYMNTS

MARCH 16, 2020

Buyers will be able to pay suppliers in their own countries’ currencies with ease, according to the release. Risk will be less of an issue because of the increase in transparency and tighter control on foreign exchange payments, along with the currency exposures for those with stake in procurement and treasury.

SAP 99

SAP Foreign Exchange Reconciliations Currencies 99

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. Citi recently made 50 APIs available to business clients, designed to connect easily with treasury software.

B2B 52

B2B Accounts Payable Reconciliations Healthcare 52

PYMNTS

NOVEMBER 3, 2020

The $20 trillion in corporate payments done through paper checks represents a staggeringly large greenfield opportunity – and there is any number of ways to modernize B2B interactions (and corporate treasury activities in lockstep). Digital currencies loom, too, as stated by Jeremy Allaire , CEO at Circle.

B2B 82

B2B Treasury Accounts Payable Communication 82

Michigan CFO

JUNE 14, 2022

In the United States, a comptroller is a senior-level executive in charge of an organization’s accounting operations in the public sector. They all play vital roles in the financial industry, overseeing revenue estimation, accounting, tax collection, treasury, etc. Chart of Accounts. What Does A Comptroller Do?

General Ledger 40

General Ledger CFO Budgeting Accounts Payable 40

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.

Accounts Payable 60

Accounts Payable Invoicing Treasury Budgeting 60

PYMNTS

MAY 17, 2018

Separately, the European Central Bank , based in Frankfurt, Germany, has said that it chose Openlink to provide the bank’s risk and treasury management system. The bank serves 19 European countries, it said in a statement, with the Euro as their currency. In addition, the company has partnerships in place with several banks.

Banking 43

Banking Accounts Payable Treasury Currencies 43

PYMNTS

AUGUST 13, 2019

importer told the publication of its reliance on surcharges to mitigate the risk of currency fluctuations. At the same time, however, these events also raise awareness as to the importance of currency risk management and hedging strategies. But that, he said, is also one of the largest challenges in this market.

Foreign Exchange 72

Foreign Exchange Accounts Payable Risk Management Reconciliations 72

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

APRIL 1, 2016

The company revealed in January that it now facilitates cross-border transactions for its corporate clients using the globalVCard paysystems solution, an accounts payable tool that supports international payments in more than 140 currencies, the firm said.

B2B 40

B2B Accounts Payable Cash Management CFO 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 40

Startups Compliance Accounts Payable Invoicing 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

SEPTEMBER 4, 2018

In its “ The road to real-time treasury ,” Deutsche Bank urges treasurers to get ready for a world of real-time transacting. Deutsche Bank noted that this can have multiple positive impacts on corporate treasury, including faster cross-currency payments, faster FX exposure management, and faster actions taken to address FX volatility.

Treasury 44

Treasury Foreign Exchange B2B Accounts Payable 44

PYMNTS

DECEMBER 17, 2019

For AccountsIQ, the latest embrace of open banking comes in the form of a collaboration with TransferMate , which has now integrated cross-border payments capabilities directly within AccountsIQ’s accounts payable portal. “In the middle market, businesses are becoming more international,” he said.

Marketing 52

Marketing Accounts Payable Foreign Exchange Invoicing 52

PYMNTS

OCTOBER 23, 2019

One of them is Deluxe Corporation, whose Treasury Management Solutions unit announced this week a new plug-and-play check scanner that allows users to more seamlessly begin scanning paper checks and integrating that information into back-end systems.

B2B 40

B2B Accounts Payable Foreign Exchange Treasury 40

PYMNTS

AUGUST 19, 2016

Inter-company accounting , says Deloitte, is suffering from a lack of transparency and accuracy, and Tom Toppen from Deloitte’s inter-company accounting team informed PYMNTS how the negative implications of this go beyond a troublesome audit. The Root Of The Problem. Where The Problem Grows. ” How To Fix It. .

Foreign Exchange 40

Foreign Exchange Auditing Treasury Accounts Payable 40

Planful

JANUARY 3, 2017

Accounts payable. Accounts receivable and collections management. Treasury and cash management. General ledger accounting. These systems provide built-in support for complexities such as currency translation, intercompany eliminations, and reporting under multiple accounting guidelines, such as US GAAP or IFRS.

General Ledger 40

General Ledger Budgeting Forecasting Cash Flow Forecasting 40