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 52

Accounts Payable Prioritization Accounting Leverage 52

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 52

Accounts Payable Prioritization CFO Invoicing 52

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 91

Prioritization Accounts Payable Treasury Economics 91

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 93

Accounts Payable Prioritization Leadership Education 93

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 94

Accounting Invoicing B2B Treasury 94

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 98

Invoicing General Ledger Reconciliations Budgeting 98

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 59

Cash Flow Forecasting Accounts Payable Forecasting Invoicing 59

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 53

Accounting B2B Accounts Payable B2C 53

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

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 57

Accounts Payable Invoicing B2B Vendor Management 57

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 96

Accounts Payable Invoicing Treasury B2B 96

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 119

Accounts Payable B2B Transportation Manufacturing 119

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 66

Prioritization Accounts Payable B2B Accounting 66

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 94

B2B Treasury Accounts Payable Cash Management 94

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 56

Technology Accounts Payable Invoicing Education 56

The Charity CFO

JUNE 7, 2023

accounts payable, loans). Operational Uses Managing Cash Flow : By analyzing cash and cash equivalents, accounts receivable, and accounts payable, it helps monitor liquidity, plan for short-term financial needs, and ensure the smooth operation of the organization.

Nonprofit 52

Nonprofit Accounts Payable Budgeting Strategic Planning 52

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 66

Invoicing Accounts Payable Reconciliations B2B 66

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 43

Accounts Payable Invoicing Prioritization Currencies 43

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 74

Healthcare Prioritization B2B Accounts Payable 74

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 59

Cash Flow Forecasting Accounts Payable Invoicing Corporate Finance 59

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 44

Accounts Payable B2B Invoicing Prioritization 44

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 84

Treasury Foreign Exchange Accounts Payable Prioritization 84

PYMNTS

DECEMBER 10, 2020

It's essentially a central payment account that CFOs have control of," said Barker. "So Both Phalen and Barker pointed to robust tokenization technology embedded within the new offering, coupled with a virtual card's ability to centralize employee spend regardless of where workers make payments.

Securities 106

Securities B2B Accounts Payable Prioritization 106

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 73

B2B eCommerce Accounts Payable B2C 73

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 46

Accounts Payable Invoicing Prioritization Accounting 46

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 70

B2B Reconciliations Accounts Payable Prioritization 70

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 75

Finance Accounts Payable Invoicing Prioritization 75

PYMNTS

MARCH 19, 2018

The organization recently announced the results of a new survey that found SMBs across Canada wanted more choice in payment technologies for point-of-sale (POS) systems as well as for the back office in accounts payable.

Accounts Payable 40

Accounts Payable Prioritization Currencies Accounting 40

PYMNTS

FEBRUARY 4, 2020

Innovations in accounts payable (AP) and accounts receivable (AR) have introduced new technologies to sit between buyers’ and suppliers’ systems for deeper integrations between business partners and their operations.

Accounts Payable 52

Accounts Payable B2B Invoicing Finance 52

PYMNTS

JANUARY 29, 2020

These cards’ account numbers correspond with certain vendors, and have predetermined spending limits, enabling accounts payable (AP) professionals to better manage expenses, control cash flow and fight fraud. Identifying Key Areas For Virtual Card Expansion. Minneapolis-based U.S.

Banking 52

Banking Accounts Payable B2B Prioritization 52

Spreadym

AUGUST 17, 2023

Data Integration : Dashboards often pull data from various sources, such as accounting software, ERP systems, CRM systems, and other data repositories. Data Collection and Integration : Gather data from relevant sources such as accounting software, ERP systems, financial databases, and other data repositories.

Financial Reporting 52

Financial Reporting CFO Cash Flow Forecasting Budgeting 52

Spreadym

JUNE 19, 2023

Categorize and prioritize your expenses to identify essential versus discretionary spending. Manage Accounts Receivable: Monitor your accounts receivable closely, ensuring that customers pay their invoices on time. These features enable you to monitor and analyze your cash flow effectively.

Cash Flow Forecasting 52

Cash Flow Forecasting Invoicing Forecasting Accounts Payable 52

PYMNTS

MARCH 31, 2020

Despite the technological, and often financial, burden of ERPs, they’re considered vital technologies for major corporations in need of a central repository of data to support a range of functions, from procurement to accounting. This reality has forced ERP innovators to prioritize flexibility and connectivity.

Accounts Payable 52

Accounts Payable Prioritization Invoicing Planning 52

PYMNTS

FEBRUARY 28, 2019

Thirteen percent of these respondents said their companies required paper receipts to be mailed to their accounts payable (AP) departments, and that figure shot up to 24 percent when just small businesses (SMBs) were examined. Old-fashioned business-travel spending procedures fall short of addressing several key challenges.

Budgeting 43

Budgeting Accounts Payable Prioritization Accounting 43

PYMNTS

FEBRUARY 15, 2019

Fewer organizations are prioritizing simply finding cheaper deals on goods and services, signaling the industry’s ongoing shift toward turning procurement into a revenue driver — rather than simply a way to cut costs and paper. Solve for that hurdle, and the education space has a chance to do far more than simply cut costs.

Education 49

Education Accounts Payable Reconciliations Prioritization 49

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 52

Accounting Invoicing Accounts Payable Budgeting 52

Future CFO

AUGUST 3, 2021

Companies needed to prioritize the forecast components, to figure out what was more volatile. We deployed robotic process automation for the accounts payable. For example, the company is now looking to automate AR and accounts reconciliation. “We So, they can create efficiencies, even though they were asked to do more.

Finance 52

Finance Forecasting Financial Modeling Accounts Payable 52