PYMNTS

DECEMBER 13, 2018

As the corporate treasurer takes on a more strategic role in the enterprise, treasury and cash management technologies can often be stuck in the past, failing to keep up with financial execs’ needs. “And from there, you have to go to your ERP system, your accounts receivable and accounts payable data, and normalize that data.”

Treasury 62

Treasury Banking Cash Management Accounts Payable 62

Future CFO

FEBRUARY 13, 2023

Having an experienced succession of crises since the beginning of 2020, FutureCFO asked two finance leaders their views on the challenges facing treasury and cash management during the pandemic and coming out of it. What is the biggest change to the Treasury and Cash Management (TCM) function brought about by the pandemic?

Treasury 98

Treasury Cash Management Restructuring Accounts Payable 98

PYMNTS

JULY 10, 2019

Some of the biggest industry trends, including faster payments, open banking and bank-FinTech collaboration, have found their ways into the Canadian market, the B2B payments space is not immune to disruption from these shifts. According to Lansdowne-Higgins, among the biggest challenges in accounts payable today is the data silos.

B2B 62

B2B Accounts Payable Mergers and Acquisitions (M&A) Reconciliations 62

PYMNTS

DECEMBER 1, 2020

We discover a basic truth upon reading PYMNTS November 2020 CFO’s Guide To Digitizing B2B Payments done in collaboration with Comdata : many treasury operations need digital triage. Corporate Treasury Needs More Love. B2B invoices generally take 37.4 are still conducted with checks.”. APIs Fostering Connectedness.

Treasury 64

Treasury Accounts Payable B2B Invoicing 64

PYMNTS

FEBRUARY 28, 2020

One of the latest FinTech firms to do so is accounts payable (AP) automation company Centsoft , which recently announced a data integration with QuickBooks Online. It’s one thing to enable two B2B FinTech platforms — like an accounts payable and accounting platform — to share data with each other.

Accounts Payable 83

Accounts Payable Banking Invoicing B2B 83

PYMNTS

JANUARY 14, 2021

Modern Treasury Raises Funding To Accelerate B2B Payments. With $38 million in fresh funding , accounts payable (AP) solution provider Modern Treasury is looking to further accelerate B2B payments. RTP already accounts for more than 6 percent of Modern Treasury volume.”. Noting that more than $18.5

Accounts Payable 62

Accounts Payable Treasury Currencies B2B 62

PYMNTS

MAY 18, 2017

The rise in B2B FinTech has complicated the picture of treasury management, forcing it to rethink its position in the enterprise. But that technology has also handed treasury new tools to become even more effective at giving clarity to an enterprise’s position in its market.

Treasury 40

Treasury Cash Flow Forecasting Risk Management Communication 40

PYMNTS

JANUARY 14, 2021

Today in B2B payments, Citi announces its news Treasury and Trade Solutions (TTS) head, while Rho lands new funding and adds accounts payable to its business banking technology. Citi Taps Khaliq to Lead Treasury and Trade Solutions. market knowledge, according to a Wednesday (Jan. 13) announcement.

B2B 56

B2B Accounts Payable Banking Invoicing 56

PYMNTS

MAY 16, 2016

Between treasury management, accounting, invoicing, cash management and all the other money tools corporates have access to today, it’s a wonder CFOs can keep their heads on straight. It’s changed the game, not only for corporate clients but for the FinTech players developing and offering these treasury solutions.

Treasury 41

Treasury Cash Management Accounts Payable Invoicing 41

PYMNTS

DECEMBER 30, 2019

The middle market can be an ideal corporate customer for a financial institution (FI). Unlike a small business, the middle market typically holds a lower-risk profile with steady profits and strong growth. If you look at any banking website, it’s small business, corporate or treasury, and consumer,” said Carrera. “On

Marketing 53

Marketing Banking Accounts Payable Education 53

PYMNTS

NOVEMBER 21, 2018

With pressure mounting for the enterprise to digitize, accounts payable automation is seen as a crucial part of achieving greater efficiency, cost savings, visibility into spend and strengthening of vendor relationships, to name a few benefits. But when it comes to money, businesses may be reluctant to hand the reins to a third party.

Accounts Payable 63

Accounts Payable Invoicing Reconciliations Accounting 63

PYMNTS

SEPTEMBER 25, 2020

We have deep dives on the financial health of Main Street small and medium-sized businesses (SMBs), digital accounts payable (AP), and GoodRx ’s initial public offering (IPO). . HSBC To Staff: Stay Off Bank’s Social Media Accounts . Massachusetts-based accounts payable (AP) automation technology firm MineralTree Inc.

Accounts Payable 61

Accounts Payable Treasury Construction Accounting 61

PYMNTS

OCTOBER 27, 2016

26) its latest tool, APConnector, as a way to automate and digitize accounts payable, while integrating that process into existing ERP systems. “APConnector removes a primary barrier to virtual card adoption: accounts payable system integration,” explained Bob Kaufman, U.S. The bank announced Wednesday (Oct.

Accounts Payable 62

Accounts Payable Reconciliations Treasury B2B 62

PYMNTS

APRIL 30, 2019

This challenge often emerges with small businesses (SMBs) that are not large enough to fit into a bank’s corporate and treasury services unit, and are, therefore, forced into being serviced with consumer-targeted products. The rising threat of cyberattacks against companies hasn’t gone unnoticed by this market, either.

Corporate Finance 61

Corporate Finance Accounts Payable Finance Invoicing 61

PYMNTS

SEPTEMBER 15, 2020

Postal Service have added yet another hurdle to the payment method, which can affect everything from accounts payable (AP) to payroll to insurance disbursements. Researchers found that 70 percent of demand deposit accounts are managed by FIs with access to the RTP network. First Horizon Mixes Rails for Faster Treasury Payments.

Currencies 105

Currencies Accounts Payable Treasury B2B 105

PYMNTS

SEPTEMBER 18, 2018

Together, the companies will link TD Bank business customers to Paymode-X with Visa Payables Solutions, a tool to streamline payables that supports card, ACH and check payments in the accounts payable (AP) department. ” This is TD Bank’s latest FinTech collaboration targeting the corporate segment.

Banking 62

Banking Accounts Payable B2B Valuation 62

PYMNTS

JANUARY 7, 2021

Rather than the transaction originating within an enterprise resource planning (ERP) or treasury management system, application programming interfaces (APIs) have shifted the perception of where a payment starts and ends. As Thakur noted, the opportunity to consolidate complex systems through treasury and banking integrations is vast.

B2B 97

B2B Accounts Payable Treasury Corporate Finance 97

PYMNTS

MAY 28, 2020

To automate accounts receivable (AR) for mid-sized companies, HighRadius has rolled out its RadiusOne A/R Suite. The company said that the suite “uniquely positions itself” in a market that is not well-served by providing a cash reconciliation app, eInvoicing and collections app.

Technology 52

Technology Reconciliations Accounts Payable Credit Risk 52

PYMNTS

DECEMBER 31, 2019

The PYMNTS December 2019 Next-Gen AP Automation Tracker details explosive innovation in real-time payments for business, driven in no small part by accounts payable (AP) professionals. Accountants hate inefficiency. That’s no optimistic, dawn-of-the-decade prediction – it’s happening fast, and that’s the whole point.

Accounts Payable 54

Accounts Payable Treasury Invoicing Accounting 54

PYMNTS

APRIL 10, 2020

More sophisticated tools can empower teams to more accurately predict cash flows and guide their organizations’ growth strategies, with opportunities to collaborate across procurement, accounts payable, accounts receivable, treasury and beyond. Transformation Through Data.

Corporate Finance 87

Corporate Finance Accounts Payable Finance Treasury 87

PYMNTS

SEPTEMBER 18, 2018

When it comes to treasury market offerings, banks have historically started wholesale and retail lockbox businesses. For a long time, that’s been a successful model,” Tom Berdan, chief marketing officer at startup DadeSystems , told PYMNTS.com in an interview.

Banking 68

Banking Accounts Payable Treasury Invoicing 68

PYMNTS

FEBRUARY 22, 2019

Depending on their lifecycle stages, however, they may have less credibility and access to the market. The FinTech firm has more than 20 bank partners, ranging from referrals to relationships where banks take a product, rename it and conduct the full sales and marketing.

Banking 82

Banking Accounts Payable Treasury Compliance 82

PYMNTS

OCTOBER 6, 2020

The panel included Kivanc Onan , head of B2B Payments, Financing and Protection, North America for Alibaba ; Rob Rosenblatt , CEO of Behalf ; Sarfraz Nawaz , Digital Transformation, Supply Chain at Johnson & Johnson ; Tony Uphoff , CEO of Thomas ; and Trish Fisher , senior director, Treasury Operations at WeWork. The Supply Chains.

B2B 84

B2B Treasury Communication Accounts Payable 84

PYMNTS

JUNE 25, 2020

With so much uncertainty still plaguing the markets, organizations will have to balance their business continuity measures with a focus on not just surviving but thriving. It will continue to be a focus, too, as businesses gradually reopen and as employees begin to return to the office. Asking the Right Questions. Mitigating Risk.

Cash Flow Forecasting 60

Cash Flow Forecasting Planning Treasury Forecasting 60

PYMNTS

DECEMBER 12, 2018

11), Cred revealed the rollout of its developer platform CredX (not to be confused with the new credit card accounts payable solution recently launched by Finexio ). “Lending and earning crypto are hard businesses to get right, particularly in a bear market,” he said. In a press release on Tuesday (Dec.

Corporate Finance 55

Corporate Finance Accounts Payable Treasury Finance 55

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. The robust activity in B2B API development points to a highly configurable world of faster payments, greater transparency, and the flexibility markets now demand.

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). That’s where the market’s going. The Big Themes – And The Challenges .

B2B 82

B2B Treasury Accounts Payable Communication 82

PYMNTS

JANUARY 8, 2021

Fides Treasury Services , which works in multibank connectivity and communications, has rolled out new details about its plans to extend its shop for corporate treasury and finance solutions, according to a press release. The Treasury has faced questions as of late over how to minimize the losses for taxpayers under the scheme.

B2B 86

B2B Treasury Invoicing Finance 86

PYMNTS

FEBRUARY 6, 2019

Blackbaud Purchase Cards are designed for “social good organizations” to digitize their accounts payable processes and enhance spend management for employees. Palmer published last year in Treasury & Risk found p-card spending has elevated to more than $350 billion a year in less than three decades.

Accounts Payable 49

Accounts Payable Treasury Invoicing Banking 49

PYMNTS

JUNE 20, 2016

Of course, the findings aren’t necessarily predictive — the survey pool consisted of just 116 treasury professionals at a recent conference — but they do indicate some level of interest among executives for progress in corporate card payments. In accounts payable, commercial card transactions may not account for much — yet.

Accounts Payable 40

Accounts Payable Treasury Accounting Marketing 40

PYMNTS

DECEMBER 18, 2019

Citi is one of those players, having recently rolled out a string of business payment solutions with a focus on global accounts payable and accounts receivable. Insurance companies make up one of the largest markets for this transaction type, though, as Magats noted, it’s far from the only use case.

B2C 52

B2C Accounts Payable B2B Accounting 52

PYMNTS

SEPTEMBER 23, 2019

Even so, the global construction management software market is projected to expand at a compound annual growth rate (CAGR) of 9.2 The most wanted functionality is quick cost estimates (60 percent), while accounting (37 percent) is also a popular feature. In the U.S., percent from 2018 to 2022. Only 6 percent wanted mobile access.

Construction 67

Construction Accounts Payable Treasury B2B 67

PYMNTS

AUGUST 12, 2019

The scheme apparently unfolded the way many BEC scams do — with a fraudster posing as a legitimate vendor, and where payments had been wired into scammers’ bank accounts. Department of the Treasury, has estimated in recent weeks that fraudsters have tried to scam as much as $9 billion through business e-mail compromise attempts since 2016.

Auditing 59

Auditing Invoicing Accounts Payable Treasury 59

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

OCTOBER 29, 2019

Developers are increasingly exploring how to address some of the biggest B2C payment friction points in the market, most notably the pain of renters making monthly payments to landlords, often via paper check or clunky, fee-heavy online payment portals. All types of real estate sectors have different accounting and financial needs.”

B2C 41

B2C B2B Construction Accounts Payable 41

PYMNTS

SEPTEMBER 27, 2019

s Nationwide Building Society did not disclose how much it invested in BankiFi , but it did say that it’s support to the open banking FinTech comes as Nationwide plans to launch a business current account. Offering corporate users, CFOs, accountants and other finance professionals on demand, Paro, based in the U.S., Everledger.

B2B 59

B2B Accounts Payable Startups Advertising 59

PYMNTS

NOVEMBER 15, 2019

Today, however, a sudden shift in the market has seen corporates thrusting the commercial card into the center of the conversation about how to optimize their supplier payment practices. Traditionally, the cost and administrative burden of card acceptance has kept the tool from gaining traction in accounts payable.

B2B 53

B2B Accounts Payable Cash Management Reconciliations 53