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.

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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.

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Accounting General Ledger Accounts Payable Cash Management 108

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.

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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. Click on the link to download this Kofax paper. DOWNLOAD NOW. The post Turn hyper-efficient AP into a cash contributor appeared first on FutureCFO.

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Accounts Payable Compliance Leverage Accounting 52

PYMNTS

DECEMBER 20, 2020

Snap Accounts Payable (SnapAP) has completed the first stage of a new funding round with help from a group of Israel-based angel investors, a press release says. Because of the myriad issues, experts have urged companies to adopt automated technology, which can help detect the aforementioned fraud and keep funds moving smoothly.

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Accounts Payable Invoicing Manufacturing Leverage 79

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. American Express commercial cards have been a staple for many corporates over the years.

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Accounts Payable SAP B2B Invoicing 64

The Finance Weekly

DECEMBER 22, 2022

As the outlook for the 2023 economy becomes more uncertain, finance professionals are looking to invest in technology that increases organizational efficiency and contributes to strategic decision-making. Not all companies will have the same technology needs, and the focus of technology investment may vary.

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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. Within the B2B space, especially, technology can improve payments processes that are time-consuming and error-prone. The problems are analog.

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PYMNTS

NOVEMBER 3, 2020

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. Palette Software has connected its accounts payable (AP) automation cloud technology with Aptean ERP , according to a Monday (Nov.

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Credit Risk B2B Accounts Payable B2C 88

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.

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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.

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B2B Accounts Payable Management Consulting Startups 69

Future CFO

APRIL 22, 2024

Source: Gartner 10 digital must-do for CFOs With the new advancements in technology that are coming in left and right, finance leaders and teams are expected to face challenges in talent, what with all the requisites of attraction, acquisition, and retraining. Yes, companies are doing that.

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CFO Share

APRIL 11, 2024

Counter-intuitively, an outsourced bookkeeping service reduces the risk of fraud by adding more oversight and best-practices to your accounting processes. Beyond security, there are other reasons “do it yourself accounting” hurts your business. The entry-point for hackers – your vendor’s email accounts – are beyond your control.

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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.

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PYMNTS

JANUARY 15, 2020

Electronic procurement solution provider Basware has announced the formation of a new business unit to offer small and medium-sized businesses its procure-to-pay technology. In a press release on Wednesday (Jan. I believe there is more potential in this business.”

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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.

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Accounts Payable Leverage eCommerce Retail 88

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

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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

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PYMNTS

JULY 3, 2019

Accounts receivable departments are often hospitals’ first lines of defense for maximizing days cash on hand, but when cash flow trickles to a drip, the ramifications are felt all the way through to accounts payable. Unfortunately, accounts payable automation in the healthcare sector is far from ubiquitous.

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PYMNTS

FEBRUARY 27, 2020

For its manifold uses, ERP is particularly valuable as an accounting solution. Leveraging APIs. The leveraging of application programming interfaces (APIs) to realize the full potential of ERP with AP Automation is a key point of discussion in the latest Next-Gen AP Automation Tracker.

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Accounts Payable Invoicing Reconciliations Leverage 56

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. Give that a 63 percent of U.K.

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PYMNTS

JUNE 6, 2019

Technology and automation have made inroads into several areas of everyday life — witness the rise of digital assistants and autonomous vehicles. Thus, accounts payable management is all too often more art than science. Businesses need a single approach to streamlining payments across systems and payment types,” she said.

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PYMNTS

DECEMBER 1, 2020

Kim Vodicka, vice president of commercial operations at Dell Financial Services, a division of Dell Technologies that provides financing solutions to businesses’ corporate and consumer clients, told PYMNTS , “APIs are becoming a very common request in the payment space. It’s making a major difference. Corporate Treasury Needs More Love.

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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. Developments From Around The World of Back-Office Optimization.

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PYMNTS

NOVEMBER 13, 2019

In the drive to manage accounts payable (AP) more efficiently, buyers can not only optimize their own working capital, they can help suppliers, too. To that end, Bottomline Technologies Vice President of Strategy and Product Bill Wardwell said, AP automation can help. The Digital Roadmap.

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Accounts Payable Invoicing Reconciliations Accounting 46

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. iBanFirst Boosts Payment Visibility For Buyers, Suppliers.

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Accounts Payable Reconciliations B2B Accounting 61

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.

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Accounts Payable Invoicing Reconciliations B2B 56

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. Accounting teams in real estate firms can use the tool to automate procurement. Reports Thursday (Nov.

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Accounts Payable Invoicing Compliance Leverage 65

PYMNTS

APRIL 14, 2020

Legacy accounts receivable (AR) and accounts payable (AP) operations aren’t only inefficient, they’re costly. This is particularly important in today’s environment, according to Bottomline Technologies CEO Rob Eberle. Weave Eyes Value Of Payment Choice. Tradeshift Emphasizes Supplier Engagement.

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Accounts Payable B2B Invoicing Communication 78

PYMNTS

DECEMBER 18, 2020

There’s simply no longer the time or bandwidth for manual accounts payable (AP) and accounts receivable (AR). financial executives found that 91 percent were investing in financial technologies intended to help with newly remote operations. Since there’s no way back, the payments industry is now cutting new pathways.

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PYMNTS

JANUARY 13, 2021

EDI technology is one way to facilitate the exchange of electronic data from one business to another in a standardized format, enabling back-end systems to actually ingest and understand the information being shared. that have the leverage to require EDI adoption from their supplier base. The Value Of EDI.

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Invoicing Accounts Payable B2B Communication 56

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. While speed is a common buzzword in technology, there is another important one.

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Banking Accounts Payable Leverage Technology 76

PYMNTS

NOVEMBER 2, 2020

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.

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B2C B2B Accounts Payable Leverage 64

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. Having too much cash on hand is a mixed blessing, however.

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PYMNTS

SEPTEMBER 20, 2016

Accounts payable solutions firms Inspyrus announced a mobile app aimed at enabling invoice management for AP professionals on the go. “This is another example of our unwavering passion for innovating finance operations and technology leadership.” An announcement on Monday (Sept.

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Invoicing Accounts Payable Leadership Leverage 66

PYMNTS

NOVEMBER 17, 2020

By acquiring the company, Mogo will be able to integrate Carta's technology with its own MogoSpend product, aiming at the broader digital wallet market and looking at rolling out a new peer-to-peer (P2P) card next year, according to the release. billion by 2024.

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B2B Accounts Payable Leverage Technology 60

PYMNTS

JANUARY 2, 2019

Cards are still expected to account for only a minor fraction of B2B payments volume in accounts payable by the end of the year, after all, with ACH gaining traction as the go-to ePayments rail for corporate payers. American Express, meanwhile, staked its bets on blockchain with its B2B payments initiatives this year.

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