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How Digital Assets Could Reshape The Future Of Corporate Treasury

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Yet for finance leaders of the enterprise, adoption of digital assets poses plenty of risks and challenges, not least of all the inability for their current treasury infrastructures to manage crypto in an integrated and compliant way. But it may not be smooth sailing ahead. We’re not just talking about the digitization of fiat,” he said.

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AI Rides To Rescue Of Analog Accounting Processes

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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. Improving Cash Flows .

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Proposal Would Allow SMBs To Get Another PPP Loan 

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The Prioritized Paycheck Protection Program (P4) Act would allow businesses with fewer than 100 employees to get a second loan. ” The senators told Treasury Secretary Steven Mnuchin about their plan to advance the proposal during a recent Small Business Committee.

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Corporates See Loan Fraud By Insiders As Growing Threat

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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.

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Citi: Accelerated Digital Migration Provides Insights Into B2B Behavior

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If at that time, someone would have asked Citi Managing Director and Global Head of Domestic Payments and Receivables Anupam Sinha how long it would take for corporate treasury organizations to fully embrace digital , he said his answer would likely have been something along the lines of, “Don’t hold your breath.”. he explained.

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Auditoria Debuts New Automation Features For Corporate Finance

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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.

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Accounts Receivable Realigns Its Focus To User Experience

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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. AP technologies are introducing new capabilities designed for the AR-side of a transaction, and vice versa.