article thumbnail

The Cash Flow Connection To Accounts Receivable

PYMNTS

Late payments have caught the attention of regulators around the world, and of FinTechs exploring ways to accelerate cash flow for B2B companies struggling to make a profit when invoices are left unpaid. But that data is siloed and often unstructured. The AR-Cash Flow Connection. The Financial Consequences.

article thumbnail

Reverse Factoring Intensifies The B2B Late Payments Debate

PYMNTS

The Big Four auditing firms — EY, Deloitte, KPMG and PwC — have recently requested that the Financial Accounting Standards Board (FASB) provide clarity in how corporates should classify their reverse factoring or supply chain financing agreements, adding more fuel to a long-standing debate as to whether such trade financing tools are debt.

B2B 40
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Checks, Data Sharing Limits Force B2B FinTechs To Find A Workaround

PYMNTS

For franchise owners, financial data isn’t just stored across systems; it’s stored across various business locations, making financial analysis even more difficult. though, Ceterus has been forced to work around the current limitations of data sharing between banks and FinTechs. In the U.S.,

article thumbnail

Tradeshift Taps Genpact To Broaden AP Automation Offerings

PYMNTS

29), with Tradeshift integrating its B2B network of buyers and suppliers with Genpact’s Cora digital business platform. The digital technology of our Genpact Cora platform, combined with Tradeshift’s sophisticated B2B network, creates a connected ecosystem that provides faster, smarter access to data to drive more strategic decisions.”. “The

article thumbnail

The Right (And Wrong) Way To Give Accounts Payable A High-Tech Overhaul

PYMNTS

Most companies today have at least some kind of automation in place within the accounts payable (AP) department. Automation in accounts payable can go a lot further, though, he said. uses in its accounts payable tool, FS2, to automate invoice processing, payments procedures and fraud analysis. Technology for Technology’s Sake.

article thumbnail

How Data Guides A New Era For The ERP

PYMNTS

The enterprise resource planning ( ERP ) system has been a staple of corporate finance operations for years, acting as a central repository of data and a hub to initiate a range of processes, from accounting to procurement. Efforts to modernize procurement and accounts payable are also opportunities for data integration with the ERP.

article thumbnail

Microsoft AI Tool Lets Retailers Track Shoppers’ Actions

PYMNTS

Organizations that can adopt AI to manage and analyze data will be better positioned to build powerful relationship with customers over time.”. Today, we are announcing new capabilities that extend Dynamics 365 Customer Insights beyond B2C scenarios to address complex B2B journeys,” she added.

Retail 49