CFO Share

MARCH 13, 2023

Managing accounts payable is critical for any business to maintain healthy cash flow and vendor relationships. Financial ratios are essential tools that help companies evaluate their financial performance, including their ability to manage accounts payable effectively. What is accounts payable in ratio analysis?

Accounts Payable

PYMNTS

JUNE 24, 2020

The accounting world was as caught off-guard and unprepared as most other industries when COVID-19 came to town. One fact has clearly surfaced in the interval between pandemic lockdowns and phased reopenings, and it’s this: accounts payable (AP) can’t cut it manually anymore.

Accounting

PYMNTS

JANUARY 20, 2021

As a result, finance teams across the business ecosystem began to prioritize digitization and optimization, and many of them drew the same conclusion: Access to data is imperative to efficient and effective operations. Finance and accounting workflows lend themselves well to these three pillars, he said, and Fitzmaurice agreed. “It

B2B

PYMNTS

APRIL 14, 2020

Cleaning supplies manufacturers are also prioritizing creating the items that are in highest demand over those that are more niche. Criminals are sending emails that pretend to be from executives and which instruct accounts payable (AP) department employees to send funds into bank accounts that actually belong to the thieves, for example.

Accounts Payable

PYMNTS

JUNE 19, 2020

The Prioritized Paycheck Protection Program (P4) Act would allow businesses with fewer than 100 employees to get a second loan. This legislation prioritizes smaller businesses, particularly those in the restaurant and hospitality industries, which have been hit especially hard in recent months.”.

Prioritization

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. The problems are analog. But digital-era help is on the way. By leveraging this kind of intelligence, staff can be optimized,” Shields said of AI and other technologies.

Accounting

PYMNTS

SEPTEMBER 28, 2020

Businesses and consumers must prioritize cyber resilience and recognize that it is everyone's responsibility to protect their data," said OpenText CEO and Chief Technology Officer Mark J. million was stolen from one company via accounts payable (AP) fraud , the Chicago Tribune reported. Barrenechea in a statement.

Accounts Payable

Strategic Treasurer

JULY 7, 2022

Proper prioritization requires insights, and insights require visibility across cash, accounts receivable, inventory, and accounts payable. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit.

Accounts Payable

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

PYMNTS

FEBRUARY 1, 2021

It’s not that automating invoice generation, banishing checks, automating the cash application process and systematically removing all the manual touches from accounts payable (AP) and accounts receivable (AR) workflows weren’t unknown concepts among chief financial officers (CFOs) and treasury departments at the time.

B2B

PYMNTS

JANUARY 27, 2021

The ability to view account balances, initiate payments and apply cash within a unified platform can yield major benefits for corporate treasurers, boosting financial visibility through bridging the usually siloed operations of banking, accounting, accounts payable (AP), accounts receivable (AR) and more.

Banking

The Finance Weekly

NOVEMBER 13, 2024

It's crucial for small businesses to maintain good cash flow by managing finances and staying updated on Accounts Receivable (AR). Typical Hurdles in Handling Accounts Receivable Accounts Receivable is the money that a business is waiting to receive from customers for products or services already provided.

Accounting

PYMNTS

JANUARY 12, 2021

With employees seeking to use company cash in the same way they make purchases in their personal lives, T&E has experienced rapid consumerization of workflows compared to other areas of B2B payments, like accounts payable (AP). Once you've generated that virtual card, how do you get it into the merchant account?”.

B2B

Future CFO

AUGUST 1, 2023

According to IDC's 2023 Future SMB and Midmarket Survey , 50% of surveyed respondents (driven by SMBs) in Asia/Pacific state that they will automate their financial and accounting processes through cloud applications in the next 18 months. "As

Invoicing

PYMNTS

MARCH 10, 2020

As more technology emerges to sit between a company’s accounts payable (AP) platform and its vendor’s accounts receivable (AR) portal, service providers are looking to ease friction in a multitude of ways, from accelerating payments and cash flows to easing contract negotiations. Crowdz Pilots Invoice Crowdfunding.

Accounts Payable

The Charity CFO

OCTOBER 9, 2024

One of the most sought-after tools is a platform or software to integrate your fundraising and accounting data seamlessly. This makes it challenging to create technology that tracks data for fundraising purposes while still following accounting principles. So why does it seem so hard to find this unicorn platform?

Accounting

PYMNTS

DECEMBER 26, 2019

The last decade of B2B FinTech innovation not only led to an explosion of product options for businesses to manage a variety of processes, including accounts receivable (AR), accounts payable (AP) and accounting. This is especially true in payments, where innovation and structural change are accelerating.

Accounting

PYMNTS

FEBRUARY 1, 2021

The iDocuments platform integrates with all leading ERP and accounting systems, including SAP Business One, Sage, Infor SunSystems, Exchequer and Microsoft Dynamics, the release says. Accounts payable (AP) automation has been “leading the way” on digitization, with new virtual cards becoming more common, he said.

Accounting

The Finance Weekly

FEBRUARY 11, 2024

It's crucial for small businesses to maintain good cash flow by managing finances and staying updated on Accounts Receivable (AR). Typical Hurdles in Handling Accounts Receivable Accounts Receivable is the money that a business is waiting to receive from customers for products or services already provided.

Accounting

PYMNTS

APRIL 7, 2020

In a conversation with Karen Webster, Bottomline CEO Rob Eberle discussed how the company came to launch a solution designed to ease the loan application burden on both banks and borrowers and described the role of B2B FinTechs elsewhere as market disruption forces finance teams to prioritize their digitization efforts.

Prioritization

PYMNTS

OCTOBER 4, 2019

Businesses are becoming more aware of tech-enabled solutions and prioritizing tools that can help them work smarter — and not harder. And, with innovation and education, FinTechs such as AvidXchange are helping businesses tap into the latest accounts payable innovations as they become more aware of emerging technologies.

Technology

PYMNTS

MAY 4, 2020

Office closures and remote working mandates have created an uncomfortable wakeup call for accounts payable (AP) and accounts receivable (AR) departments that continue to rely on manual, paper-based processes. Prioritizing Buyer-Supplier Benefits. And there are a lot of them. The eInvoicing Challenge.

Invoicing

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.

Accounts Payable

PYMNTS

JANUARY 28, 2021

Digital assets can usher in a far more flexible paradigm of capital inflows and outflows, especially when it comes to the legacy 30-day payment schedule in accounts payable (AP) and accounts receivable (AP), noted Sully. According to Sully, the message is “modernize today so you can integrate tomorrow.”.

Treasury

CFO Simplified

SEPTEMBER 16, 2022

And, if you have a savings account that you put money into regularly for retirement or vacation plans, you’re practicing accrual accounting at home. It also includes: The invoices that you have entered into accounts payable, and. Some payments are repetitively automatically deducted from your account. What’s left?

Accounts Payable

PYMNTS

MAY 25, 2016

If you think of the rise of corporate America over the last century, the function of the accounts payable department probably doesn’t come to mind as one of the main players. In an age of disruption, innovation and near-constant change, accounts payable has become a way for businesses to retain control and strategy.

Accounts Payable

PYMNTS

FEBRUARY 24, 2020

The antidote is secure systems that automate accounts payable, use artificial intelligence (AI) and machine learning to endlessly scan for threats while humans prioritize payments and (ideally) add some face time to thriving eCommerce relationships. After all, B2B eCommerce will be a $1.1

B2B

PYMNTS

JANUARY 22, 2021

In the accounts receivable (AR) function, Franco noted that Nurx implemented lockboxes in order to centralize the receipt of paper checks from insurance companies. But on the accounts payable (AP) side, the company also saw the opportunity to shift from checks to digital payment methods to pay vendors. "Not

Healthcare

PYMNTS

APRIL 16, 2020

However, Tipalti Co-founder and CEO Chen Amit said he’s noticed more businesses taking the leap into accounts payable (AP) automation to mitigate the friction that comes with a remote workforce and cash flow pressures.

Finance

PYMNTS

JUNE 21, 2018

The stats indicate key areas in which professionals say they are increasing awareness and use of digital solutions to make accounts payable and accounts receivable processes faster, more streamlined and more secure. More than half noted that invoice and payment automation are also highly prioritized within their organizations.

Accounts Payable

PYMNTS

JULY 28, 2020

Although the enterprise continues to accelerate its digitization efforts, chief financial officers keep hitting roadblocks when it comes to modernizing workflows regarding accounts payable (AP) and embracing electronic payments. Monetizing The Virtual Card.

B2B

PYMNTS

SEPTEMBER 29, 2020

Advances in artificial intelligence (AI) and automation technology has introduced a whole host of ways to help corporate finance teams from accounts payable (AP) to accounts receivable (AR) recover hours lost to what has traditionally been manual tasks.

Cash Flow Forecasting

CFO Share

SEPTEMBER 12, 2023

Current assets refer to items like: Cash Accounts receivable Inventory, and Short-term investments that can be quickly liquidated, typically within a year. On the other hand, prudently managing accounts payable ensures you’re not parting with cash sooner than necessary, preserving liquidity.

Accounts Payable

Spreadym

OCTOBER 13, 2023

Managing Accounts Receivable: Efficiently manage your accounts receivable by invoicing promptly, offering discounts for early payment, and pursuing collections for overdue payments. Managing Accounts Payable: Delay payments to suppliers only when it is advantageous and do not jeopardize supplier relationships.

Cash Flow Forecasting

CFO Share

FEBRUARY 23, 2024

Streamlining Cash Receipts Efficient management of accounts receivable is pivotal to achieving small business cash flow optimization. Managing Vendor Payables Strategically Strategic management of accounts payable is another key aspect of optimizing cash flow in small businesses.

Accounts Payable

PYMNTS

JANUARY 15, 2021

Accounts payable (AP) and accounts receivable (AR) personnel could no longer be in the office to handle paper, giving rise to the discussion of migrating away from physical invoices and other documents in favor of digital, automated solutions.

B2B

PYMNTS

SEPTEMBER 24, 2020

And, the release says, new intelligent assignment and prioritization of invoice processing requests via digital workflows, which will help accounts payable (AP) departments manage workload.

Accounts Payable