CFO Thought Leader

OCTOBER 29, 2024

Once the board approved the plan, Gronen led efforts to align sales teams and streamline processes. In just a few days, he and the leadership team developed a plan to reduce overlapping costs and improve operational efficiency. Gronen: Yooz is an AP (accounts payable) automation and payments company.

Mergers and Acquisitions (M&A)

Future CFO

JUNE 19, 2025

Second, in the complex and rapidly changing regulatory environment, such as Brazil or Kazakhstan, where government strictly regulates things like invoicing or chart of accounts, implementing dedicated local ERP system tailored precisely to local compliance requirements will further reduce the burden on the local finance staff."

Finance

KG Virtual CFO

JULY 21, 2025

Addressing these issues requires proactive monitoring and flexible planning to smooth out peaks and troughs, paving the way to sustainable stability. What Are Best Practices for Managing Accounts Receivable? Automate reminders and follow-ups via email or accounting software to reduce late payments. Net 45 instead of Net 30).

Cash Flow Forecasting

Trade Credit & Liquidity Management

JUNE 23, 2025

In today’s economic environment, few priorities are more critical, or more within your control, than improving how quickly you convert accounts receivable (AR) into cash. ACH is now the most common B2B payment method, but credit card usage is growing—especially for mid-sized or riskier accounts.

Invoicing

E78 Partners

JUNE 12, 2025

From diligence and Day One planning through ongoing value creation and exit preparation, we deliver both strategic guidance and execution support to help portfolio companies grow profitably. They streamline functions like accounts payable and inventory tracking while maintaining control and compliance.

Prioritization

Global Finance

OCTOBER 31, 2024

SMEs account for 16% of the bank’s business, or approximately $1.5 The financial institution works to better serve that market through an SME expansion plan instituted over the past year. Additional advancements include the integration of biometric signatures in branches and a time-saver for account openings. —LS

Banking

CFO Strategic Partners

APRIL 15, 2025

Regardless of where you are in your current accounting cycle, are you experiencing that familiar feeling of audit dread? Audits don’t have to be your worst nightmare if you’re working year-round to plan and prepare for them carefully. New Accounting Rules. Balance Sheet Reconciliations. Do these every month!

Auditing

Global Finance

FEBRUARY 4, 2025

Additionally, SCF makes cash flow more predictable, aiding in better emergency planning. The platform, smartSCF, lets suppliers manage their accounts receivable workflows; and the buyers accounts payable function manages payables by automatically matching credit notes against invoices.

Finance

CSC Advisors

JUNE 25, 2025

If your working capital is positive, it means your current assets (like cash, accounts receivable, and inventory) exceed your current liabilities (such as accounts payable and short-term debts). Negative cash flow, even if temporary, can quickly derail your plans and put your business at risk. What are you waiting for?

Invoicing

PYMNTS

JULY 3, 2020

Accounts payable (AP) teams and other financial functions of the enterprise were some of the hardest hit by the disruption caused by the global pandemic. As an event that few anticipated, the pandemic was a painful reminder that developing a thorough business continuity plan is vital to the survival of many firms.

Accounts Payable

PYMNTS

DECEMBER 3, 2020

Intelligent automation supplier Kofax has announced new innovations for its invoice and accounts payable (AP) solutions, according to a press release. That, according to Kofax, shows a focus among business leaders on using more automation to boost operational efficiency, according to the release.

Accounts Payable

PYMNTS

APRIL 8, 2020

With a launch that links enterprise resource planning (ERP) with accounts payable, among other systems, OpenText debuted its new OpenText™ Trading Grid™ The rollout brings together multi-enterprise cloud integration capabilities with data visualization and microservices architecture, according to an announcement.

Accounts Payable

PYMNTS

MARCH 18, 2020

Employing accounts payable (AP) automation solutions can help smooth onboarding and streamline the data collection and analyzing processes, removing the many friction points that are prone to legacy systems. How a business begins a relationship with a supplier can determine how lasting — and profitable — that bond becomes.

Accounts Payable

CFO Share

MARCH 31, 2023

The accounts payable aging (AP) report shows when and how much you owe vendors. Why is an Accounts Payable Report valuable? You can use the AP aging report to plan the use of cash by only paying the highest priority bills and delaying others if you have cash flow problems. How do you use an AP Aging Report?

Accounts Payable

Future CFO

JANUARY 26, 2024

The outcome is boosted efficiency, increased accuracy, cost reduction, and stronger supplier relationships—a game-changer in Accounts Payable that allows finance leaders to navigate uncertain economic conditions and elections with confidence. The post Transforming accounts payable operations through AI appeared first on FutureCFO.

Accounts Payable

Future CFO

APRIL 6, 2022

A common thread among these initiatives is the urgent shift to a more contemporary, digitally savvy, and data-driven accounts payable function. Making this goal a reality will require accounts payable departments to: Standardize processes Make greater use of emerging technologies Deliver more real-time operational insights.

Accounts Payable

Strategic Treasurer

APRIL 6, 2022

2022 Modernizing Accounts Payable Processing Survey Results. Description : This webinar discusses the accounts payable (AP) results from the 2022 Modernizing AP & AR Processing Survey. Learning Objectives : Consider the accounts payable (AP) results from the 2022 Modernizing AP & AR Processing Survey.

Accounts Payable

PYMNTS

MARCH 10, 2020

We enable our network of distributors to better target their market with a richer offering and advanced technologies to help them achieve their growth plans.”. Esker is a referral partner in this future ecosystem, which we are building to be as close as possible to our customers’ needs.

Accounts Payable

Future CFO

MARCH 27, 2023

To curb rogue spending, businesses need to rethink how the accounts payable (AP) process can be improved. Even while enterprise resource planning (ERP) systems have been improving over the years to make the procurement and payment processes more seamless, much rogue spending or unexpected expenditure still slips through the cracks.

Accounts Payable

The Charity CFO

APRIL 5, 2022

If you’re like many people, you probably think that there is a single set of accounting rules that every company must follow. . But that’s not quite true—nonprofits face a decision between 2 different accounting methods for tracking their financial activity: cash accounting vs. accrual accounting.

Nonprofit

The Charity CFO

JANUARY 17, 2022

If you’re like most nonprofit leaders, you’re not researching nonprofit accounting basics to satisfy your curiosity. with this overview of nonprofit accounting basics. . What is nonprofit accounting? Investopedia defines accounting as “the process of recording financial transactions pertaining to a business.” .

Nonprofit

Navigator SAP

JULY 1, 2022

Choosing an enterprise resource planning (ERP) software solution is a big decision. NetSuite practices a modular licensing approach in which many functions are considered add-ons that you have to pay extra to use—and many of these functions are quite basic, such as accounts payable scanning, Excel compatibility, and even telephone support.

SAP

PYMNTS

AUGUST 19, 2020

With B2B payments being an increasingly attractive target for innovators, the landscape is growing crowded as more banks and FinTechs roll out their accounts payable (AP) automation solutions. The competition is undoubtedly heating up. Finally, addressing the unique pain points of each client is paramount to customer success. .

Accounts Payable

Future CFO

JULY 21, 2021

This touches on both accounts receivables and accounts payables of their business cycle. Having been in the industry for more than 25 years, he stressed even before the pandemic there was already a lot of inefficiencies in existing business processes, including how they manage receivables and payables. “The

Accounts Payable

Future CFO

FEBRUARY 27, 2022

Accounts payables (AP) is responsible for making sure the company’s bills are paid on a time. An organised accounts payables process ensures that invoices are tracked and paid properly, as well as avoiding missing payments or making a payment more than once. However, automating accounts can be a daunting project.

Accounts Payable

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. Patients may visit any of the thousands of providers included in their care plans’ networks, meaning claim processors need to be ready to promptly issue funds to any of these parties.

Healthcare

PYMNTS

DECEMBER 7, 2020

Digital B2B payments innovations as diverse as machine learning (ML) automation, cloud-based enterprise resource planning (ERP) systems and virtual cards are gaining unprecedented traction as businesses move to build sustainable B2B payments operations outside of th e office. Forty-five percent of all employed persons in the U.S.

B2B

PYMNTS

DECEMBER 13, 2020

Orlando, Florida-based B2B Payments-as-a-Service (PaaS) platform Finexio is expanding its reach in the enterprise resource planning (ERP) software space and will now be available on Microsoft AppSource via a direct integration for Microsoft Dynamics users, according to a press release.

B2B

PYMNTS

JULY 7, 2020

The companies noted that Oxbury, which secured its full banking license in early-2020 with plans for a full launch later this year, will focus its services on the agricultural food chain with lending and payments services. Oxbury will gain access to ClearBank’s clearing and payments capabilities, enabling the bank to gain access to U.K.

Banking

PYMNTS

NOVEMBER 3, 2020

Palette Software has connected its accounts payable (AP) automation cloud technology with Aptean ERP , according to a Monday (Nov. Enterprise business software firm Aptean offers targeted enterprise resource planning (ERP), compliance and supply chain management solutions to firms throughout the globe, according to the announcement.

Credit Risk

https://trustedcfosolutions.com/feed/

OCTOBER 3, 2022

Many growing businesses have recognized and harnessed the benefits of outsourcing their accounting services. Rather than hiring full or part-time accountants or bookkeepers as permanent staff members, it often makes more sense to simply outsource —from both a monetary and scaling perspective. Up-to-Date Software & Technology.

Accounting Firms

PYMNTS

MARCH 3, 2020

It’s not difficult for a supplier to tell when accounts receivable (AR) processes are not optimized. Many sellers have a broken internal process to increase a credit line , so they set that limit as high as possible, so they don’t have to revisit the account later.”.

Accounting

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. The intent of the round is to help SnapAP on the first stage of its planned $2 million seed stage round.

Accounts Payable

PYMNTS

MARCH 26, 2020

Acknowledging that delayed and late B2B payments is not solely caused by poor payment behavior on the customer’s end is an important piece of optimizing the accounts receivable (AR) process, according to Alex Louisy, co-founder and CEO of France-based FinTech Upflow , who said that the notorious spreadsheet is often to blame.

B2B

PYMNTS

APRIL 24, 2020

Plus, an accounts payable technology company announced a $127 million equity round. In France, Libeo , which offers invoice processing automation technologies for small businesses in need of accounts payable optimization, secured $4.32 B2B FinTech investments appear to be relatively strong, too. KarbonCard. AvidXchange.

B2B

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. Remittance information and payments may travel across separate channels, while other companies still run on older enterprise resource planning (ERP) solutions.

Accounting

PYMNTS

OCTOBER 21, 2020

With the new funding, Finexio is looking at continuing to streamline and optimize the last mile of the corporate accounts payable process.

Accounts Payable