Remove Accounting Remove B2B Remove Cash Flow Forecasting Remove Reconciliations
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Canada’s Path Toward B2B Payables Modernization

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Some of the biggest industry trends, including faster payments, open banking and bank-FinTech collaboration, have found their ways into the Canadian market, the B2B payments space is not immune to disruption from these shifts. According to Lansdowne-Higgins, among the biggest challenges in accounts payable today is the data silos.

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How AR-AP Connectivity Drives B2B Collaboration

PYMNTS

Cash is king, and today, cash flow management is an imperative function for large corporations and small businesses — many of which continue to struggle with the market volatility and business disruption caused by the COVID-19 pandemic. Xero, Transferwise Team For SMB Cash Flow.

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How Data Guides A New Era For The ERP

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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.

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FinTech Targets The Cash Flow Needs Of CPAs

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The Certified Personal Accountant (CPA) today now has a plethora of FinTech solutions they can use to manage their clients’ money, with the number of digital tools — including cloud accounting portals, cash flow forecasting solutions and intelligent technologies like artificial intelligence (AI) — continuing to rise.

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JPMorgan On Corporate Treasurers And Their ‘Digitization Journey’

PYMNTS

As a treasurer, maybe you would conquer the first few things, which are visibility and reconciliation, and then you would move into other niche areas that you want to automate further to add strategic value to the business.”. “Digitization is not about reaching a destination as you are constantly pushing the envelope,” Rangachari said. “As

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Why PDFs Aren't Enough To Digitize The Procure-To-Pay Workflow

PYMNTS

Redirect fraud is another issue, in which hackers alter an existing invoice or generate an entirely fraudulent one with different bank account details on the bill. There will certainly be people who pay without thinking, 'What's going on here?'". AI will continue to be an instrumental role in that effort.

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Mastercard Launches V-Card Acceptance Tool

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Mastercard is launching a new service designed to make it easier for B2B vendors to accept virtual cards. The payments and technology giant announced Tuesday (July 9) the rollout of its Virtual Card Receivables Service, a tool to digitize the virtual card payment acceptance and reconciliation process for businesses.