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. Organizations’ accounts payable departments perform at a certain level, and then stay there. Over time, he noted, accounts payable isn’t costing money.

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PYMNTS

FEBRUARY 26, 2018

Here are the numbers: 1.8 billion | Number of adults in the world who do not have bank accounts and may not have government-issued IDs but do have mobile phones. Here are the numbers: 1.8 billion | Number of adults in the world who do not have bank accounts and may not have government-issued IDs but do have mobile phones.

Accounts Payable 40

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PYMNTS

FEBRUARY 6, 2018

Most companies today have at least some kind of automation in place within the accounts payable (AP) department. There are a number of organizations that have integrated some automation in the last five to 10 years,” explained Brian Shannon, chief strategy officer at Dolphin Enterprise Solutions , in a recent interview with PYMNTS. “But

Accounts Payable 40

Accounts Payable Accounting Invoicing Analyzing Data 40

CFO Simplified

DECEMBER 12, 2021

The terms “finance” and “accounting” are often used interchangeably. There are, however, very real differences between finance and accounting. While many business owners look for a CFO to bolster their existing accounting team, here at CFO Simplified, we consider that a CFO would be categorized squarely in the finance category.

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Accounting Finance Cash Flow Forecasting CFO 52

PYMNTS

DECEMBER 28, 2020

Nacha is issuing a warning to accounts payable professionals with regards to the rising threat of fraud. But accounts payable is far from the only back-office financial workflow at risk of fraud. While current fraud tools are helpful, there is no systemic or automated option for accomplishing this," Nacha warned.

B2B 116

B2B Accounts Payable Invoicing Manufacturing 116

PYMNTS

SEPTEMBER 24, 2019

San Mateo accounts payable automation startup Tipalti won $76 million in a funding round led by Zeev Ventures. The FinTech accounting firm will use the series D funds to grow the platform and its artificial intelligence (AI) tools that can read, process, pay and track invoices. . full-time accounts payable employees. . “As

Accounts Payable 49

Accounts Payable Startups Accounting Invoicing 49

PYMNTS

AUGUST 7, 2020

Legacy payment options like paper are getting nudged out by faster better methods like credit cards, which are more cost-effective for buyers’ accounts payable (AP) teams to send and quicker for suppliers’ accounts receivable (AR) professionals to receive. And while Amex is a big fish, the AP automation pool is getting bigger.

Accounting 72

Accounting B2B Accounts Payable Treasury 72

CFO Share

FEBRUARY 23, 2024

In your journey as a small business owner, mastering cash flow management is more than crunching numbers; it’s the lifeblood that determines whether your dream thrives or just survives. Streamlining Cash Receipts Efficient management of accounts receivable is pivotal to achieving small business cash flow optimization.

Accounts Payable 52

Accounts Payable Cash Flow Forecasting Invoicing Prioritization 52

PYMNTS

DECEMBER 10, 2019

based FinTech specializing in facilitating payments for small business accountancy firms, is partnering with BIN (bank account identification number) sponsor Moorwand to further streamline the payments experience for accountants and bookkeepers. Telleroo , a U.K.-based In a press release issued Tuesday (Dec.

Accounting 52

Accounting B2B Accounts Payable Accounting Firms 52

The Finance Weekly

NOVEMBER 8, 2022

As the number and quality of software tools increases, companies are constantly looking to find better ways to cut down on manual work and increase efficiency. Finance is responsible for a large number of critical operations in a business. Finance is responsible for a large number of critical operations in a business.

Financial Planning and Analysis (FP&A) 98

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

PYMNTS

JANUARY 13, 2021

Medius CEO Per Åkerberg said the company has seen a number of clients grappling with various offerings and companies to deal with local digital invoice formats and rules. Medius has long provided companies with technologies related to the accounts payable (AP) workflow. 13) announcement.

Invoicing 67

Invoicing Accounts Payable Compliance Accounting Firms 67

PYMNTS

AUGUST 12, 2020

Palette Software unveiled accounts payable (AP) automation technology that is designed for firms in the construction and engineering industries and run on the cloud, according to an announcement. Finance administrators and project managers both benefit from automation of the accounts payable process.

Construction 69

Construction General Ledger (GL) Accounts Payable General Ledger 69

PYMNTS

FEBRUARY 6, 2019

This shift has been so acute that small business cloud accounting firm Xero is even petitioning the Oxford English Dictionary to change the definition of “accountant” to one that includes the word “advise.” Changing Demand. That demand for human talent, by the way, hasn’t decreased.

Corporate Finance 74

Corporate Finance Accounting Finance Accounts Payable 74

PYMNTS

DECEMBER 16, 2020

A growing number of businesses are therefore choosing to avoid so-called “fully insured” plans, instead electing self-funded health plans to save money. In a true accounts payable format for corporate spend, you know you have 30 to 50 to maybe 100 accounts payable vendors, and you pay the same ones every month,” Rodewald said. “In

Healthcare 81

Healthcare Accounts Payable Reconciliations B2B 81

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

CFO Simplified

AUGUST 18, 2022

The cash gap is the number of days between when we spend money buying presents, and when I get paid next. Days’ Inventory, also known as Days’ Sales in Inventory (DSI), represents the number of days of inventory you have on the warehouse floor, available for sale. Days’ Receivables = Accounts Receivable / (Annual Sales / 365).

Accounts Payable 105

Accounts Payable Invoicing Accounting Sales 105

PYMNTS

OCTOBER 6, 2020

The pandemic has upended supply chains, and upended accounts payable (AP) processes – requiring companies of all sizes and types to move toward digital (and high-tech-powered) means to transform back-office functions. The pandemic has spurred organizations of all sizes to focus on supply chain dynamics.

Invoicing 93

Invoicing Accounts Payable Auditing Accounting 93

PYMNTS

NOVEMBER 2, 2020

Palette Software has connected its accounts payable (AP) automation cloud technology with Aptean ERP , according to a Monday (Nov. The intuitive dashboard of Palette offers a full summary of vendor invoices as well as their status in the approval workflow in addition to outstanding payables. 2) announcement.

Accounts Payable 56

Accounts Payable B2B Construction Invoicing 56

PYMNTS

JUNE 20, 2019

According to PYMNTS data, more than 60 percent of digital platforms say too many false positives are a significant point of friction in the conversion process — and more than 30 percent say it’s their number-one challenge. The False Positive Threat.

B2B 73

B2B Accounts Payable Invoicing B2C 73

PYMNTS

MARCH 12, 2020

A collaboration between DXC Technology and Tradeshift will attempt to work out the kinks on accounts payable (AP) and procurement functions, according to a press release. Many accounts payable processes are discordant and unwieldy, with time cycles that take too many important resources and slow companies down, the release states.

Technology 56

Technology Accounts Payable Invoicing Accounting 56

PYMNTS

SEPTEMBER 21, 2017

Gappify is the latest company to roll out business accounting-related chatbot technology. 20) that it has launched Alan, chatbot technology designed to assist business accountants. Using robotics process automation technology, Alan automates tasks to help corporate accountants focus on more strategic and value-add processes.

Accounting 45

Accounting Accounts Payable Cash Management Accounting Standards 45

PYMNTS

FEBRUARY 1, 2021

While it is encouraging to see the number of data breaches, as well as the number of people impacted by them, decline, people should understand that this problem is not going away,” she said in a statement. But the findings aren't necessarily cause for optimism, warns ITRC President and CEO Eva Velasquez.

Invoicing 136

Invoicing Microsoft Office Accounts Payable B2B 136

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

JUNE 9, 2020

With accounts payable (AP) departments no longer able to step into their offices to print, sign and send checks, supplier payments quickly moved to the center of companies’ modernization discussions. But according to Anderson, there are other ways corporates can further mitigate the friction of modernizing accounts payable.

Accounts Payable 53

Accounts Payable Reconciliations CFO Accounting 53

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. Have questions about how you can improve the accuracy of your numbers and shorten the close cycle?

Accounts Payable 62

Accounts Payable Reconciliations Leverage CFO 62

PYMNTS

FEBRUARY 24, 2020

For the accounts payable (AP) and enterprise resource planning (ERP) automation space, it’s no longer business as usual. Firms looking to strengthen their interactions with customers and vendors by adopting comprehensive, automated AP and ERP solutions are increasingly turning to cloud-based products in lieu of on-premises systems.

Accounts Payable 89

Accounts Payable Invoicing Education Reconciliations 89

PYMNTS

JUNE 2, 2020

To provide non-touch invoice processing and support remote work, SoftCo rolled out its SoftCo ExpressAP accounts payable (AP) automation technology. SoftCo says it only takes hours to install the software, which provides an unlimited number of users and doesn’t have upfront costs, is offered on a monthly basis.

Invoicing 52

Invoicing Accounts Payable Vendor Management Accounting 52

PYMNTS

APRIL 9, 2020

To help additional middle-market companies automate their accounts payable (AP) processes, MineralTree announced that it has grown its integration abilities, according to a press release. Middle-market businesses are absolutely critical to the U.S.

Accounts Payable 76

Accounts Payable Invoicing Accounting Economics 76

PYMNTS

DECEMBER 24, 2018

Several times throughout the year we offer Data Drivers, where our interviews with payments professionals help the numbers take shape, take on meaning, illustrate trends and even hint a bit at the future. And, as always, the end the year provides a chance to look back at some of the numbers that told stories. Good vs. Bad.

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Numbers B2B Currencies Accounts Payable 65

PYMNTS

OCTOBER 13, 2020

Commercial real estate accounts payable platform seller Nexus and property management software producer Entrata have integrated their services, the companies announced Tuesday (Oct. Nexus is among a number of companies that seek to offer solutions to businesses wrestling with unstandardized data.

Accounts Payable 56

Accounts Payable Invoicing Budgeting Accounting 56

PYMNTS

SEPTEMBER 23, 2020

Intelligent Collections will provide real-time visibility and predictive tools to show accounts receivable departments which accounts might be late on payments or delinquent, according to the release.

Corporate Finance 70

Corporate Finance Finance Cash Flow Forecasting Vendor Management 70

PYMNTS

JUNE 25, 2020

Chief Operating Officer Arnold Hur said the partnership would boost the company’s accounts payable process. The company had 240 workers as of the beginning of 2020 and had doubled its number of new customers, totaling 900 overall at the beginning of the year. G is a gaming organization in the U.S.,

Accounts Payable 112

Accounts Payable Numbers Finance Accounting 112

PYMNTS

DECEMBER 15, 2020

Identity verification solution provider Acuant has teamed with accounts payable (AP) automation company Tipalti to automate essential services in payment and transaction monitoring, according to a Tuesday (Dec. 15) announcement.

Accounts Payable 75

Accounts Payable Compliance Advertising Invoicing 75

PYMNTS

SEPTEMBER 11, 2020

The digital invoice has become the keystone that links accounts receivable (AR) and accounts payable (AP) portals as an increasing number of business-to-business (B2B) payment technology firms focus their attention on the document.

Accounts Payable 70

Accounts Payable Invoicing B2B Accounting 70

PYMNTS

JANUARY 14, 2021

With the proceeds, the company plans to work on expanding its team-oriented commercial banking platform, including launching an integrated accounts payable (AP) platform Wednesday (Jan. The AP product is set to expand on Rho's core banking platform, letting companies run full AP lifecycles within the bank program.

Technology 67

Technology Accounts Payable Invoicing CFO 67

https://trustedcfosolutions.com/feed/

JANUARY 31, 2023

However, cash flow is the number one reason businesses fail. 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. Plan for future expenses.

Cash Flow Forecasting 57

Cash Flow Forecasting Forecasting Accounts Payable Cash Management 57

PYMNTS

FEBRUARY 1, 2021

Smooth accounts payable and receivable processes depend on the ability to easily access, manage and interpret payments data, but complex workflows and old-school tools can get in the way. Many firms still have AR systems that require employees to juggle different software platforms and conduct procedures manually. .

Accounts Payable 93

Accounts Payable Reconciliations Invoicing Treasury 93