CFO Plans

OCTOBER 29, 2024

This article explores effective strategies for accounts receivable and payable management, offering actionable insights to enhance financial stability and promote growth. Improving Liquidity through Accounts Receivable Efficiency Optimizing accounts receivable efficiency is crucial for improving liquidity.

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Future CFO

AUGUST 14, 2024

Angeline Mesny Sanford , senior manager, channel marketing at Bottomline Technologies , says lessons on cost control that is back in fashion, not just in finance but across the business; digital processes and payments that need to be embraced, now more than ever; and transforming the way businesses pay suppliers must be properly looked into.

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Future CFO

APRIL 6, 2022

Technology is a vital component. The post Four quarters to accounts payable efficiency appeared first on FutureCFO. Now that you've implemented an AP automation solution, you'll need to focus on meeting the expectations set by your business case. DOWNLOAD NOW.

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Future CFO

JANUARY 26, 2024

The technological advancement provides more than just automation and reshapes roles, empowering finance teams to zero in on strategic activities like data analysis, supplier negotiations, and decision-making. There are nine ways AI-powered systems can transform invoice processing in Accounts Payable (AP) departments.

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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.

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PYMNTS

MARCH 10, 2020

Management solutions company Cegid has teamed up with artificial intelligence (AI) process automation company Esker to form a technological partnership agreement, according to a Tuesday (March 10) release. “In This OEM alliance brings together the expertise of two software leaders in their respective fields.

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Future CFO

MARCH 27, 2023

To curb rogue spending, businesses need to rethink how the accounts payable (AP) process can be improved. That said, there is still much that businesses can do in the new year as they continue to digitalise and improve their operations with technology. However, it typically involves 85% to 90% of the business’ suppliers.

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https://trustedcfosolutions.com/feed/

FEBRUARY 12, 2023

For finance specifically, things can become messy without the appropriate technology to view, track, and report on KPIs. That’s why dashboards are quickly becoming one of the most powerful and streamlined approaches to strong accounting. How Can a Dashboard Strengthen Accounting? What is a Dashboard?

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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.

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PYMNTS

FEBRUARY 26, 2020

That means emerging services are multitasking, easing friction for both accounts payable and accounts receivable. Below, PYMNTS explores the latest initiatives and finds that innovators are looking at the accounts receivable side to tackle accounts payable friction. Tipalti Reallocates The Workload.

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https://trustedcfosolutions.com/feed/

MAY 27, 2022

Owning a restaurant chain or several restaurant franchises can be challenging when it comes to accounting and being able to consolidate all your reporting and records. There are a lot of accounting solutions on the market but only one that can provide you with all the information you need to make those critically important growth decisions.

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PYMNTS

DECEMBER 14, 2020

Amid market volatility, organizations are finding it imperative to accelerate their accounts receivables while extending accounts payables and still maintaining positive buyer-supplier relationships. Accounts receivable and accounts payable are two key functions of the enterprise with significant impact on cash flow.

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PYMNTS

NOVEMBER 9, 2020

I think when the pandemic hit in early March, it really put a gun to the head of many companies by taking what have been Byzantine processes around accounts payable or accounts receivable and moving to much more digital means,” Jay Dearborn , president, corporate payments of WEX Inc. told PYMNTS. And apparently, he’s not alone.

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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. “You get the best of what traditional banks can offer, combined with the flexible technology solutions that FinTechs offer.”

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PYMNTS

JULY 14, 2020

American Express has launched a new automated accounts payable solution, American Express One AP, to help businesses digitize B2B payment processing, according to a press release.

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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.

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CFO Simplified

JULY 24, 2022

How Does a Fractional CFO Work with a Remote Accounting Team? Technology and the business climate have dramatically affected how businesses function. But even with all of those changes, the accounting function has remained essentially the same. Managing a Remote Accounting Team. Its purpose? Activities, and .

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CFO News

AUGUST 13, 2023

Annual reports, account payables, treasury management, forecasting, and legal are some areas where CFOs are trying and discovering the use cases for generative AI (artificial intelligence) in their organisation.

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PYMNTS

JUNE 25, 2020

As accounts payable (AP) and accounts receivable (AR) operations continue to converge for many organizations, buyers and suppliers are increasingly acknowledging the value of using each other’s technology platforms to promote stronger B2B relationships. MineralTree Pairs For Global AP.

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PYMNTS

DECEMBER 22, 2020

Technologies and payment solutions are finding the opportunity to multitask with solutions that, while initially focused on the corporate buyer, have now expanded to tackle friction for the supplier as well. As it turns out, the technology can also ease friction for suppliers' AR operations, too. CardUp Eases Card Adoption In Asia.

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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.

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PYMNTS

DECEMBER 16, 2020

As FinTechs and other financial service providers drive commercial card adoption, virtual card technology becomes an increasingly popular focus of innovation initiatives, particularly as corporates demand solutions to support a remote workforce. Access Bank Taps Visa For SMB Debit Cards. Tipalti Enhances Corporate Card Adoption In AP.

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Future CFO

JULY 21, 2021

The way we use technology has completely streamlined the way we live, communicate, and do business across the globe. This touches on both accounts receivables and accounts payables of their business cycle. Case in point: accounts receivables (AR) and accounts payables (AP) from the perspective of cash management.

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PYMNTS

MARCH 5, 2020

Zycus , which provides a comprehensive, end-to-end source-to-pay software suite in which it uses artificial intelligence (AI) technology, now has a new series of BOTs from its Zycus Merlin AI Suite, according to a press release. The BOTs will allow procurement and accounts payable (AP) teams to automate tasks considered mundane or repetitive.

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PYMNTS

JULY 7, 2020

The Peoples Community Bank is broadening its existing relationship with banking technology provider Finastra , the firms revealed this week in a press release , with the financial institution (FI) looking to accelerate its own innovation and product rollouts. Finastra Chosen by Community FI. Faster Payments scheme.

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CFO Talks

JANUARY 8, 2025

Allowing someone who primarily works in accounts payable to gain experience in forecasting or treasury provides them with a broader understanding of finance operations. Adopt Technology and Innovation Technology is reshaping the finance world, and your team needs to stay ahead of the curve.

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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.

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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.

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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. Within the B2B space, especially, technology can improve payments processes that are time-consuming and error-prone. The problems are analog.

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PYMNTS

DECEMBER 13, 2020

This is a huge step in our mission to simplify [accounts payable (AP)] payments for Microsoft technology users and to successfully support our shared customer and partner base," Rolfson said, according to the release.

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PYMNTS

DECEMBER 7, 2020

The trouble is that many decision-makers are unsure of which of these countless innovations are right for their firms’ unique circumstances, facing mounting pressure to find technologies that can go the farthest in easing their payment pains. About The Playbook.

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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.

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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.

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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.

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PYMNTS

AUGUST 6, 2020

As bank-FinTech collaborations evolve, more traditional financial institutions (FIs) are not only implementing services and technologies developed by FinTech partners, but they’re also lending their own expertise to augment FinTech solutions. Bottomline Rolls Out Open Banking Service. ’s Faster Payments real-time payments system.

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PYMNTS

FEBRUARY 19, 2020

With speed being the most obvious value proposition of real-time payments capabilities, it’s not difficult to imagine that corporate payers would be eager to embrace faster payments functionality in their accounts payable (AP) departments. And for many firms, that’s exactly what they’re beginning to do. ”

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Accounts Payable Invoicing Reconciliations Banking 114

PYMNTS

MAY 12, 2020

To automate accounts payable (AP) procedures, Ephesoft, Inc. The company said in an announcement that the out-of-the-box artificial intelligence (AI) technology has been shown to decrease costs and sizably reduce the time it takes for invoice processing, according to an announcement. days, AP processing is ripe for innovation.”

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