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. Some companies need to pay gig workers fast in order to keep meeting customer demands for quick deliveries.

Technology 56

Technology Accounts Payable Invoicing Accounting 56

The Charity CFO

APRIL 25, 2024

For nonprofit organizations, accounting comes with a lot of complexity. In this case study, we’ll explore real stories of nonprofits who have transformed their organizations by using technology to streamline their financial infrastructure. What is the actual goal in a nonprofit accounting setup? Let’s meet these organizations.

Nonprofit 52

Nonprofit Accounting CFO Auditing 52

PYMNTS

JANUARY 14, 2021

Rho Technologies , the FinTech behind Rho Business Banking, has raised $15 million in a Series A round, according to a press release. 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.

Technology 67

Technology Accounts Payable Invoicing CFO 67

PYMNTS

OCTOBER 4, 2019

As part of that awareness, companies across all industries are realizing the strategic value of accounts payable (AP) automation and developing an understanding of emerging technology like artificial intelligence (AI) that plays a critical role in AP automation solutions.

Technology 56

Technology Accounts Payable Invoicing Education 56

PYMNTS

JUNE 9, 2017

In payments and FinTech, it’s often the startup’s job to disrupt an industry with many legacy businesses, outdated technologies and processes. That’s especially true in corporate accounting, says Beanworks CEO Catherine Dahl. The investment will help Beanworks scale up as it looks to be at the forefront of that accounting change.

Accounting 43

Accounting Technology Accounts Payable Invoicing 43

CFO Share

APRIL 6, 2023

Accounts payable processes are an essential part of any business, and they play a critical role in maintaining healthy cash flow and supplier relationships. Improving accounts payable process efficiency leads to optimizing cash flow management and reducing costs. How can I improve my AP efficiency?

Accounts Payable 40

Accounts Payable Invoicing Accounting Technology 40

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

A tech stack, or a solutions stack, is the combination of technologies and software tools that an organization uses in order to conduct day to day business operations. 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.

Financial Planning and Analysis (FP&A) 98

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

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

JANUARY 13, 2021

Expense management technology provider Medius and international eDocument service company Pagero have collaborated to help companies handle digital invoices. 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.

Invoicing 67

Invoicing Accounts Payable Compliance Accounting Firms 67

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

MARCH 19, 2020

Automation in small business accounting can certainly be beneficial, but when a cloud-based accounting platform remains within the confines of its own interface, there can be unexpected friction that prevents business owners from gaining real-time financial insights. Elevating Functionality. Siloed Platforms.

Accounting 62

Accounting Invoicing Accounts Payable Financial Data 62

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

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

DECEMBER 29, 2020

Now, with electronic processes in place in accounts payable (AP) and accounts receivable (AR) departments, businesses are in a more strategic position than ever before to elevate workflows and strengthen B2B relationships. Several technologies are emerging as instrumental tools in this regard. In Pursuit Of Perfection.

B2B 114

B2B Reconciliations Accounts Payable Invoicing 114

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

OCTOBER 18, 2016

In B2B payments, the paper check is an especially persistent problem that can yield inefficiencies both on the accounts payable and accounts receivable ends. Meanwhile, in B2B payments, the use of the paper check is actually on the rise within the accounts payable department. to process a single paper check.

Accounting 69

Accounting Accounts Payable Invoicing B2B 69

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. Gappify isn’t the only company to design a bot for corporate accounting purposes. The company announced news on Wednesday (Sept.

Accounting 45

Accounting Accounts Payable Cash Management Accounting Standards 45

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

CFO Simplified

JULY 17, 2022

They need to understand not only accounting but also finance—how money moves within a company, how it moves within a bank, and how to develop relationships with suppliers, customers, and your bank. A Great CFO Needs to Understand Technology. Technology is the key to collecting data for any company. The use of this tool was fine.

CFO 96

CFO Accounts Payable Finance Technology 96

PYMNTS

FEBRUARY 1, 2021

The Interstate Technology & Regulatory Council (ITRC) released new data on the state of cyberattacks and data breaches with some surprising news: data breaches were actually down in 2020 year-over-year. 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

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.

Finance 98

Finance Budgeting Accounts Payable Concentration 98

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. Mixing Humans With Technology. The False Positive Threat.

B2B 73

B2B Accounts Payable Invoicing B2C 73

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

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

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

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. As we move toward better and more tools … that process can be automated using newer technologies.” .

Accounts Payable 93

Accounts Payable Reconciliations Invoicing Treasury 93

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 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

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

JANUARY 18, 2021

Finance is generally the number-one friction point in all organizations," said Alex Wheldon , co-founder of Rho Technologies , which offers business banking services via a collaboration with Evolve Bank and Trust. Marrying AP With Banking.

Accounts Payable 66

Accounts Payable Banking Invoicing Corporate Finance 66

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.

Accounts Payable 71

Accounts Payable Accounting Treasury B2B 71

PYMNTS

MARCH 4, 2020

The enterprise resource planning ( ERP ) system has been a staple of corporate finance operations for years, acting as a central repository of data and a hub to initiate a range of processes, from accounting to procurement. Efforts to modernize procurement and accounts payable are also opportunities for data integration with the ERP.

Cash Flow Forecasting 104

Cash Flow Forecasting Accounts Payable General Ledger Corporate Finance 104

PYMNTS

DECEMBER 9, 2020

According to Disque, the technologies are already in place for B2C firms to take the leap into B2B, but businesses must be strategic about the tools they choose to adopt. Technology today can automate a range of workflows surrounding a B2B payment, including invoicing, payment term management and payment processing.

B2C 118

B2C B2B Accounts Payable Invoicing 118

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.

Numbers 65

Numbers B2B Currencies Accounts Payable 65

PYMNTS

DECEMBER 27, 2019

In the latest Next-Gen AP Automation Tracker , PYMNTS examines the way that B2B payment needs are shifting, and how firms are responding to these needs with innovative technologies and products. The Tracker also analyzes the potential challenges to innovations in this are a, including why some firms are still clinging to checks.

Accounts Payable 52

Accounts Payable Invoicing B2B Technology 52

CFO Leadership

DECEMBER 12, 2022

This includes traditional offerings such as retirement savings (401K) and health savings accounts (HRA, HSA). For example, if technology is changing rapidly in your industry, it may be advantageous to lease equipment and upgrade as needed, instead of buying it outright.

Accounts Payable 95

Accounts Payable Leadership CFO Strategic Planning 95