PYMNTS

MARCH 13, 2019

This stumbling block to innovation is often visible in accounts payable (AP) departments, Corcentric SVP of Sales Daniel Andrew told PYMNTS in a recent conversation. Manual, paper-based invoicing systems are objectively worse in every metric when stacked against automated, digital AP systems that leverage straight-through processing.

Accounts Payable 44

Accounts Payable Accounting Invoicing Benchmarking 44

The Charity CFO

APRIL 1, 2024

Implementing technology into your nonprofit accounting process can help solve a variety of issues—from tracking receipts to properly recording donations. In most cases, technology helps improve the efficiency and accuracy of nonprofit accounting. A good technology solution addresses each of your nonprofit accounting concerns.

Nonprofit 52

Nonprofit Accounting CFO Accounts Payable 52

CFO Network

MARCH 11, 2024

Accounts Payable Management: Ensuring Timely Payments Another critical aspect of cash flow management is managing accounts payable effectively. Neglecting accounts payable can result in missed payments, damaged vendor relationships, and even disruption of essential supplies or services.

Accounts Payable 52

Accounts Payable Cash Flow Forecasting Invoicing Forecasting 52

https://trustedcfosolutions.com/feed/

MAY 27, 2022

Owning a restaurant chain or several restaurant franchises can be challenging when it comes to accounting and being able to consolidate all your reporting and records. There are a lot of accounting solutions on the market but only one that can provide you with all the information you need to make those critically important growth decisions.

Accounting 108

Accounting General Ledger Accounts Payable Cash Management 108

PYMNTS

APRIL 7, 2020

OneStream , which specializes in corporate performance management (CPM) for companies, has a new program that promises to speed up the time it takes to reconcile accounts, according to a press release. The Transaction Matching software goes hand-in-hand with OneStream’s existing Account Reconciliation.

Reconciliations 56

Reconciliations Accounting General Ledger Accounts Payable 56

The Finance Weekly

OCTOBER 13, 2021

The responsibilities of controllers today extend to more than just accounting and forecasting; FCs are now expected to engage in business administration and financial planning. Thus, they communicate with C-Level executives differently and more frequently than in the past.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Leverage Communication Strategic Planning 52

Future CFO

APRIL 6, 2022

Leveraging a modern approach to performance excellence driven by technology and a shift in mindset is key to opening many new opportunities for Accounts Payable.

Accounts Payable 52

Accounts Payable Compliance Leverage Accounting 52

CFO Share

FEBRUARY 23, 2024

Streamlining Cash Receipts Efficient management of accounts receivable is pivotal to achieving small business cash flow optimization. Managing Vendor Payables Strategically Strategic management of accounts payable is another key aspect of optimizing cash flow in small businesses.

Accounts Payable 52

Accounts Payable Cash Flow Forecasting Invoicing Prioritization 52

CFO Share

SEPTEMBER 12, 2023

Current assets refer to items like: Cash Accounts receivable Inventory, and Short-term investments that can be quickly liquidated, typically within a year. On the other hand, prudently managing accounts payable ensures you’re not parting with cash sooner than necessary, preserving liquidity.

Accounts Payable 52

Accounts Payable Prioritization Accounting Leverage 52

https://trustedcfosolutions.com/feed/

JULY 19, 2022

QuickBooks is recognized for being a great basic accounting tool, and it is used by a lot of small businesses because it is user-friendly and affordable. Still, it is not an accounting solution that can handle business processes apart from financials. Sage Intacct is a cloud-based accounting solution that offers much, much more.

Accounts Payable 113

Accounts Payable Auditing Compliance Accounting 113

PYMNTS

JANUARY 13, 2021

The paper check, the paper invoice, slow accounts receivable (AR) processes and collecting on aging receivables can be difficult for even the most seasoned AR professionals. By leveraging this kind of intelligence, staff can be optimized,” Shields said of AI and other technologies. The problems are analog.

Accounting 94

Accounting Invoicing B2B Treasury 94

https://trustedcfosolutions.com/feed/

FEBRUARY 11, 2023

Sage Intacct and more modernized systems are building the foundation for continuous accounting without the need for ongoing work — data calculations, reconciliations, and the collection of financial information — from your finance staff. Make the Move to the Cloud Gain access at your fingertips.

Accounts Payable 62

Accounts Payable Reconciliations Leverage CFO 62

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

NOVEMBER 18, 2020

Delivering funds smoothly to employees in different nations is therefore essential, and it may require firms to migrate from paper checks to digital tools, especially those that suit the needs of employees who do not have bank accounts. Around The World Of Smarter Payments. Deep Dive: How Prepaid Cards Ease Employees' Payroll Pains.

Accounts Payable 88

Accounts Payable Leverage eCommerce Retail 88

PYMNTS

JUNE 15, 2017

With Vlocity, the company will now offer a procure-to-pay solution for companies in the communications, mobile providers and media sector, linking procurement and accounts receivable with the accounts payable department.

Accounting 42

Accounting Accounts Payable Invoicing Communication 42

PYMNTS

JANUARY 28, 2020

Many accounts payable (AP) professionals turning to electronic payments to streamline their companies’ payment processes — specifically, how they pay invoices from suppliers — are putting virtual cards at the top of their lists, and for good reason. Bank Uses Customer-Centric Strategy To Smooth Virtual Card Integration.

Accounts Payable 57

Accounts Payable Banking Invoicing B2B 57

PYMNTS

DECEMBER 15, 2020

Buyers, too, are eager for change and need to adopt accounts payable (AP) methods that are easily managed by employees working from home. A recent report finds many companies are leveraging AI to help them more swiftly automate vendor invoices and support their liquidity management decision making.

Healthcare 107

Healthcare B2B Invoicing Accounts Payable 107

PYMNTS

JANUARY 15, 2020

15), Basware said it has launched InvoiceReady, a “distinct business unit” within Basware that will offer the company’s existing SMB procure-to-pay and accounts payable (AP) product suite. In a press release on Wednesday (Jan. I believe there is more potential in this business.”

Accounts Payable 52

Accounts Payable Benchmarking Invoicing Leverage 52

The Finance Weekly

DECEMBER 22, 2022

In 2023, organizations may focus on investing in technology that addresses specific pain points and offers a clear return on investment, such as spend management or accounts payable, rather than broader, more comprehensive investments like enterprise resource planning platforms, according to Born. “I

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Finance Accounts Payable Prioritization 98

PYMNTS

OCTOBER 10, 2018

The app will leverage Mastercard In Control for Commercial Payments, letting community banks provide a white-labeled accounts payable platform for their corporate customers. Accounts payable departments are essential to the operations of any company,” said Regal Software founder and CEO Kofi Conduah in a statement. “We

Accounts Payable 53

Accounts Payable Banking Invoicing Leverage 53

PYMNTS

JANUARY 25, 2021

The four companies coming together is the result of a years-long effort to combine “organic business growth with targeted acquisitions to expand globally, reach new industries and become the first end-to-end provider of procurement, accounts payable, and accounts receivable solutions,” according to the release.

Accounts Payable 83

Accounts Payable Invoicing B2B Leverage 83

Future CFO

APRIL 22, 2024

According to a guidebook by software company Esker , after years of continuous change, adapting a more human-centric accounts payable approach is now a prerequisite for keeping a business competitive. This, of course, involves the adoption of technological advancements such as artificial intelligence within the team.

Finance 98

Finance Budgeting Accounts Payable Concentration 98

PYMNTS

NOVEMBER 9, 2020

Accounts payable (AP), accounts receivable (AR) and other capital management workflows are also not immune to pandemic-related struggles. One study found that 74 percent of accounting staff reported pain points when manually processing invoice data, for example, with 68 percent citing manual invoice routing as their top concern.

Accounts Payable 52

Accounts Payable Forecasting Invoicing Leverage 52

https://trustedcfosolutions.com/feed/

JANUARY 31, 2023

Formal policies and procedures allow for better control over your cash so you can quickly identify risk and uncover potential problems within your accounting structure. Automate your accounts payable processes. Review your cash flow statements early and often — make this a regular basis. Plan for future expenses.

Cash Flow Forecasting 57

Cash Flow Forecasting Forecasting Accounts Payable Cash Management 57

PYMNTS

NOVEMBER 11, 2020

Back office modernization is in the spotlight like never before, and solutions that streamline accounts payable (AP) and accounts receivable (AR) functions are in high demand. Capital Management Leans Into Digital.

Accounts Payable 87

Accounts Payable Invoicing Treasury Reconciliations 87

PYMNTS

JANUARY 28, 2021

This week's look at the convergence between accounts receivable (AR) and accounts payable (AP) finds this tactic expanding in the corporate card arena, while another FinTech aims to boost cross-border payment traceability for both payer and payee.

Accounts Payable 61

Accounts Payable Reconciliations B2B Accounting 61

PYMNTS

DECEMBER 1, 2020

APIs and accounts payable (AP)/accounts receivable (AR) automation are revving up the speed of money and financial data to a pace more in line with pandemic-era market demands. It’s making a major difference. Real-time payments are advancing … quickly in the U.S., Corporate Treasury Needs More Love.

Treasury 64

Treasury Accounts Payable B2B Invoicing 64

PYMNTS

NOVEMBER 18, 2016

Nexus Systems is partnering with a real estate technology company to help the industry adapt to more sophisticated accounts payable and procurement processes. To be dubbed MRI AP Automation, the new solution can automate and digitize the accounts payable process for MRI clients across Canada, South America, EMEA, Asia and New Zealand.

Accounts Payable 65

Accounts Payable Invoicing Compliance Leverage 65

PYMNTS

NOVEMBER 6, 2020

Handling accounts payable (AP), accounts receivable (AR), cash flows and other capital management tasks is an inescapable reality for almost every business that deals with inventory and sales, but these commonplace processes are fraught with obstacles. About The Playbook.

Invoicing 62

Invoicing Accounts Payable Leverage Treasury 62

The Charity CFO

JUNE 7, 2023

accounts payable, loans). Operational Uses Managing Cash Flow : By analyzing cash and cash equivalents, accounts receivable, and accounts payable, it helps monitor liquidity, plan for short-term financial needs, and ensure the smooth operation of the organization.

Nonprofit 52

Nonprofit Accounts Payable Budgeting Strategic Planning 52

PYMNTS

NOVEMBER 20, 2020

Firms recognize that not all employees can receive payments into bank accounts, and these companies must therefore provide secure, convenient alternatives. Organizations that leverage payroll cards also do not need to collect workers’ direct deposit details, thus avoiding the costs and effort involved in storing such sensitive information.

Accounts Payable 78

Accounts Payable Accounting Leverage Banking 78

PYMNTS

DECEMBER 18, 2020

There’s simply no longer the time or bandwidth for manual accounts payable (AP) and accounts receivable (AR). An inefficient accounts payable process can lead to the loss of potential volume discounts, require additional staff and drive up the cost of processing,” the report continued. The poll of 325 U.S.

Accounts Payable 64

Accounts Payable Invoicing Treasury Accounting 64

PYMNTS

SEPTEMBER 20, 2016

Accounts payable solutions firms Inspyrus announced a mobile app aimed at enabling invoice management for AP professionals on the go. According to Inspyrus, its invoice management technology is patent-pending and can automate up to 90 percent of accounts payable workflows. An announcement on Monday (Sept.

Invoicing 66

Invoicing Accounts Payable Leadership Leverage 66

PYMNTS

JULY 23, 2020

GEP , which works in procurement and supply chain strategy, has launched its new accounts payable (AP) solution, which will help automate AP services through cloud technology, artificial intelligence (AI) and machine learning (ML), according to a press release.

Accounts Payable 56

Accounts Payable Invoicing Reconciliations B2B 56

PYMNTS

JANUARY 7, 2020

Tribe Payments has announced that its new Bankbox service, which allows for direct integration into payment rails for payroll and accounts payable (AP), has been completely implemented by bulk payment company Telleroo, according to reports. The processes can be set in advance to ensure that payments are sent in time.

Accounts Payable 52

Accounts Payable Accounting Firms Accounting B2B 52

PYMNTS

NOVEMBER 10, 2020

Businesses of all sizes struggle with capital management, regardless of whether they employ staff or seek out third parties to handle their cash flows, accounts payable (AP) and accounts receivable (AR) processes and other related tasks.

Accounts Payable 87

Accounts Payable Invoicing Treasury Sales 87

PYMNTS

JANUARY 13, 2021

This is critical in areas like accounts payable and accounts receivable, in which paper-based purchase orders and invoices can not only demand significant amounts of time to process, but can also be quite expensive, according to Sundelin. that have the leverage to require EDI adoption from their supplier base.

Invoicing 56

Invoicing Accounts Payable B2B Communication 56