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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

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

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

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. It ensures that resources are available to meet demands, pay staff, and invest in short-term opportunities without needing to secure external debt or equity funding.

Accounts Payable 52

Accounts Payable Prioritization Accounting Leverage 52

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

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

MAY 24, 2016

The firm revealed the rollout of its commercial payment solution, TSYS Virtual Payment Precept (VPP), a virtual payment tool for accounts payable and accounts receivable to streamline reconciliation and heighten risk controls in the B2B payments space, the company said.

B2B 41

B2B Securities Accounts Payable Reconciliations 41

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

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

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 20, 2020

Firms recognize that not all employees can receive payments into bank accounts, and these companies must therefore provide secure, convenient alternatives. Employers have commonly relied on paper checks to compensate unbanked employees, but many businesses are finding this method more difficult to use during the COVID-19 pandemic.

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

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. Where We Are Now. Banks And FinTech Firms Together.

Banking 76

Banking Accounts Payable Leverage B2B 76

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. This affects companies’ creditworthiness, which is crucial to helping them secure loans.

Accounts Payable 87

Accounts Payable Invoicing Treasury Sales 87

PYMNTS

OCTOBER 7, 2020

The second is transaction timing, which can make sure that the customer actually has sufficient funds in their account at the time of payment authorization. To achieve this objective, merchants can leverage payments data to better understand their customers’ behavior. Wimmer said that as one of the major issuers, J.P.

Cash Flow Forecasting 103

Cash Flow Forecasting Accounts Payable Forecasting Treasury 103

PYMNTS

MAY 1, 2020

Wise is one of them, and reports said the company has just secured $5.7 Targeting small and medium-sized businesses, Wise offers checking accounts, Visa debit card push payments, bank transfers, check payments, invoicing and a Wise Card reader to help SMBs pay and get paid. -based challenger banks are few and far between.

Banking 66

Banking B2B Accounts Payable eCommerce 66

PYMNTS

OCTOBER 13, 2016

12) that it secured $28 million in funding led by Mainsail Partners. ” Nexus offers the NexusPayables solution to automate the accounts payable process for companies starting at the beginning of their procurement activity. . The procure-to-pay solution offered by Nexus Systems has attracted venture capital.

Accounts Payable 62

Accounts Payable Invoicing Compliance Leverage 62

PYMNTS

MARCH 26, 2018

A press release issued Friday (March 23) said Candex secured the funding from Edenred Capital Partners, Partech Ventures, Advisors.fund, Camp One Ventures, NFX, Tekton Ventures, Big Sur Ventures and angel investor Mark Goines. Paymerang provides accounts payable services with a focus on digitizing supplier payments.

Accounts Payable 43

Accounts Payable Vendor Management B2B Leadership 43

PYMNTS

SEPTEMBER 23, 2019

Corporates have growing expectations for faster, more efficient and more secure B2B payments — whether their money is moving from one business unit to another or one country to another. Payments Speed and Security. As financial institutions gather for this year’s Sibos conference kicking off in London today (Sept.

B2B 49

B2B Banking Accounts Payable Corporate Finance 49

PYMNTS

OCTOBER 14, 2020

Looking at Working Capital – and Security. Accounts payable and receivable used to be concrete, separate operations. He noted that companies such as KeyBank have been reaching out to educate enterprises on leveraging security solutions and improving defenses against fraudsters. Looking Ahead .

B2B 97

B2B Accounts Payable Reconciliations Economics 97

PYMNTS

JUNE 22, 2020

Enabling employees to work remotely during the COVID-19 pandemic has sent a wake-up call to companies that their old-school accounts payable (AP) practices will not cut it in the new economy. Many banks are therefore partnering with AP-focused FinTechs to quickly meet clients’ new demand, he explained.

Accounts Payable 56

Accounts Payable Invoicing Banking Cash Management 56

CFO Talks

MARCH 19, 2024

The CFO needs to consider how AI can be leveraged not just for automating routine tasks, but also for providing deeper insights into financial forecasting, risk management, and strategic decision-making. Leveraging Technology for Communication In today’s digital age, leveraging technology to communicate the finance agenda is crucial.

CFO 52

CFO Communication Finance Budgeting 52

PYMNTS

DECEMBER 6, 2018

They can also benefit by reducing costs and boosting payment speed and security. The Optimization and ePayables Playbook , a PYMNTS and Mastercard collaboration, explores how financial decision-makers are leveraging ePayables technology to optimize their companies’ B2B operations.

B2B 49

B2B Accounts Payable Leverage Treasury 49

PYMNTS

NOVEMBER 19, 2019

Basware is adding framework agreement capabilities to its platform, which enables businesses sourcing products to “initiate a mini-competition” between qualified vendors to secure a more competitive price and contract terms. He offered software development as an example of this capability.

B2B 40

B2B Invoicing Accounts Payable Leverage 40

PYMNTS

OCTOBER 17, 2017

17), Visa said it is tackling that issue through a new partnership with accounts receivable (AR) and cash management company Billtrust. When it comes to growth of virtual corporate card payments, we have seen and built a lot of momentum on the accounts payable side,” Hall said. “We In an announcement on Tuesday (Oct.

Reconciliations 47

Reconciliations Accounts Payable B2B Cash Management 47

PYMNTS

SEPTEMBER 27, 2019

This week, two massive deals landed with B2B payments innovators at Fundbox and Tipalti, but they were far from the only players to have secured new funding. Offering corporate users, CFOs, accountants and other finance professionals on demand, Paro, based in the U.S., Everledger. OfBusiness.

B2B 59

B2B Accounts Payable Startups Advertising 59

PYMNTS

JANUARY 14, 2021

Legacy accounts payable (AP) processes often drain businesses’ budgets, cost employees time and create opportunities for human error. The economic fallout resulting from the pandemic has further pressured SMBs to closely examine their cash flows and ensure they are leveraging any and all savings opportunities.

Accounts Payable 72

Accounts Payable Invoicing Banking Budgeting 72

CFO Share

APRIL 11, 2024

But many fear remote bookkeeping exposes them to security risks – hackers, fraudsters, and embezzlement – especially if the virtual bookkeeping solutions use employees in foreign countries. Bookkeeping security risks are always a valid concern, especially since internal staff perpetrate 57% of small business fraud.

Securities 52

Securities CFO Education Auditing 52

PYMNTS

NOVEMBER 20, 2017

.” Those solutions, Bindra explained then, are designed to connect FIs using a set of tools, including private, enterprise-grade, blockchain-type networks to facilitate global payments and settlement, securely and in real time.

B2B 52

B2B Accounts Payable B2C Leverage 52

PYMNTS

AUGUST 9, 2019

The company has said that its neobanking platform leverages third-party financial service providers to access working capital to get working capital loans worth up to $72,000 USD equivalent. The round will be leveraged for market expansion of its supply chain digital visibility platform. Cybereason. and affiliates. ScaleFactor.

B2B 46

B2B Accounts Payable Concentration Leverage 46

PYMNTS

JANUARY 19, 2017

Doing so, they say, means they get paid faster and more securely, making it worth the cost associated with card acceptance. Virtual cards are more secure, enabling a buyer to pay using a VCN for a specific amount of money at a specific time — making it more difficult for fraudsters to steal that number to purchase whatever they want.

B2B 46

B2B Accounts Payable Reconciliations Securities 46

PYMNTS

DECEMBER 24, 2020

Schoen said that dental practices and insurers that use legacy, paper-based methods to deal with claims, send payments and handle accounts receivable (AR) can face many frictions. The firm provides administrative and general business operation support services to the Aspen Dental-branded network of dental practices.

B2B 102

B2B Healthcare Practice Management Planning 102

PYMNTS

MARCH 30, 2018

Boston-based PreVeil did not disclose how much it raised in its Series A funding round, but it did note that Spark Capital provided the funding to support the company’s email and file security solution. Texas’ SpyCloud delivers protection against account takeover for its corporate clients. Kenna Security. Back-Office.

Startups 46

Startups B2B Mergers and Acquisitions (M&A) Accounts Payable 46

PYMNTS

OCTOBER 10, 2017

Although the rate of adoption is good, corporates are not leveraging all the benefits of the digital transformation to provide new propositions to their clients, to help them move away from checks and increase overall efficiency in reconciliation and fraud,” the report concluded. Similarly, Asia and Latin America are set to see a 13.2

B2B 49

B2B Reconciliations Invoicing Accounts Payable 49

PYMNTS

FEBRUARY 29, 2016

“In general, the big banks are increasingly aware of the threats to their payments franchise by a lot of other innovative companies in the marketplace and the opportunity to leverage their payments franchise better by investing more in innovation,” he said.

Accounts Payable 41

Accounts Payable Technology Banking B2B 41

PYMNTS

NOVEMBER 3, 2020

Today in B2B, Bloomberg broadens its credit risk data pool, and two ERP solutions secure B2B payments integrations. Everlink Payment Services is teaming with workflow solutions provider FINTAINIUM to offer B2B and B2C payments in real time, leveraging the ISO 20022 global standard, according to a press release. 2) announcement.

Credit Risk 88

Credit Risk B2B Accounts Payable B2C 88

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