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Santander Enhances Cash Management Services With Treasury Link

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and will provide cash management services for such corporate customers. Corporate users can customize their dashboards for quick access to data on accounts, balances, transactions and other areas of corporate finance. The financial institution (FI) announced Tuesday (Dec.

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Treasurers Wasting Thousands Of Hours On Spreadsheet Cash Management

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Using Excels spreadsheets to analyze daily global cash positions is the largest time-waster, analysts found, noting that this process alone wastes 1,296 hours a year. Treasury-related accounting tasks, payment fund transfers and cash flow forecasting are also top time-wasters for treasurers relying on spreadsheets.

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Corporate Finance’s Interest In AI Doesn’t Lead To Adoption: Oracle

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Corporate treasurers are exploring AI for their own cash management and forecasting needs, while AI is also being explored among both traditional and alternative finance players for risk mitigation and underwriting purposes. What’s Holding Adoption Back.

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Wells Targets ACH Data Friction In Accounts Receivable

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Wells said Friday (May 19) that it is adding features to Receivables Manager, an accounts receivable service for its corporate treasury clients. The tools aim to reduce paper in corporate finance operations, Wells explained, and nix manual remittance and data entry.

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Is B2B FinTech Heating Up At The Wrong Time?

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deals were also joined by B2B companies. Affirm, for instance, secured $275 million last May and, soon after, announced plans to link businesses operating over Shopify with financing. The B2B FinTech space is making a name for itself among investors, researchers at Innovate Finance found. Is This Good News Or Bad News?

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Baby Steps In Digital B2B Payments

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Corporations have been chastised in recent years as floods of new data reveal the ongoing prevalence of paper checks in B2B payments. But if the financial services sector is going to actually service its corporate clients, then it must acknowledge that checks will remain in the mix — at least for the foreseeable future. “It

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Oracle Streamlines Corporate Bank Account Management

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The company announced Tuesday (July 24) that its Oracle Banking Virtual Account Management solution is now available to corporate banks. The solution aims to simplify banking for businesses with multiple bank accounts in multiple currencies.