PYMNTS

JULY 5, 2017

For a chief financial officer (CFO), having technology — from ERP systems to cloud accounting and cash forecasting tools — has become paramount when deploying a successful growth strategy. But Born said the human element is the key that’s often missing in these innovations to corporate financial reporting.

Financial Data 52

Financial Data Auditing Financial Reporting CFO 52

PYMNTS

AUGUST 5, 2016

There is seemingly no end to the discussion of how automated accounting can improve a business’ performance. The market is on the cusp of a groundswell of adoption of these technologies, says Therese Tucker, CEO of accounting solutions firm BlackLine , after a long lull among mid-market firms.

Accounting 42

Accounting Reconciliations General Ledger Auditing 42

PYMNTS

APRIL 8, 2020

And even as financial institutions began to smooth out the process, the initiative hit another snag Monday when reports emerged that the SBA’s computer systems had crashed. With a focus on compliance, Wolters Kluwer revealed its new solution to enable financial institutions issue PPP loans to small businesses.

Banking 98

Banking Accounts Payable Compliance Technology 98

PYMNTS

JANUARY 30, 2020

Banks and FinTechs continue to discover new opportunities in unlocking corporate clients’ financial data, with banks embracing data integration for their own product development initiatives, and FinTechs finding new ways to collaborate with each other. AccountantsWorld Unlocks Payroll Data for FinTechs.

Banking 64

Banking Accounts Payable B2B Compliance 64

PYMNTS

OCTOBER 30, 2020

Managing Cash Flow Reporting in B2B. Businesses also prioritize having up-to-date financial status data that will enable them to carefully oversee liquidity across all their various bank accounts and to make accurate decisions. Fifty-six percent of demand deposit accounts in the U.S.

B2B 59

B2B Economics Banking Prioritization 59

PYMNTS

MAY 5, 2016

If only commercial (B2B) payments could be as frictionless as retail payments, when consumers pay merchants. That’s an ambition shared by many an entrepreneur who sets out to innovate the massively huge opportunity that awaits in the B2B space. It’s what also drove Mike Galarza to found Entryless. Australia … the U.K.,

B2C 43

B2C B2B Accounts Payable Invoicing 43

PYMNTS

AUGUST 3, 2018

Data from FEDmanager estimates that of the 19 million invoices issued in the U.S. firms, said Jared King, founder and CEO of accounts receivable firm Invoiced. The customer voice isn’t only influencing how an accounts receivable (AR) department issues invoices, either. every year, less than half are electronic.

Invoicing 40

Invoicing B2B Prioritization Accounting 40

PYMNTS

SEPTEMBER 25, 2018

The company is also supporting financial services providers’ compliance and security requirements, and working with these firms’ developers to facilitate the development of new tools reliant on data. “We have already deployed the Ninth Wave Platform with a number of trusted clients.

Banking 51

Banking Financial Data Compliance Currencies 51

PYMNTS

APRIL 23, 2019

The companies will provide superannuation funds and their managers with a procure-to-pay system that supports governance and compliance, a repository to manage contracts and accelerate the negotiation process, a mechanism to link contracts to the source-to-pay value chain, and a supplier relationship management framework. .

Accounts Payable 43

Accounts Payable Budgeting Compliance Accounting 43

PYMNTS

JULY 23, 2018

Xero has announced that Gusto will be the preferred payroll provider for its small business and accountant customers in the U.S. By joining forces, we can help more small businesses and accountants find long-term success.”. Customers will be able to access their Gusto accounts using their Xero credentials. Xero’s U.S.

Compliance 40

Compliance Accounting Financial Data Planning 40

PYMNTS

MAY 23, 2017

Accounting software company Sage is acting on U.K. Sage and Cashplus are integrating each other’s data to launch a new Sage tool called Bank Feeds, which means joint customers of Sage solutions and Cashplus business accounts can automate and streamline bank reconciliation to ensure accounts and records are up to date and accurate.

Banking 43

Banking Reconciliations Compliance Accounting 43

PYMNTS

AUGUST 7, 2019

6) that the nation’s central bank has suspended the company’s activities because it allegedly failed to provide the government with required financial data on its operations this year. Businesses offering electronic money services must provide Lithuanian authorities with audited annual financial statements, reports explained.

Concentration 40

Concentration Auditing Compliance Startups 40

PYMNTS

MARCH 19, 2019

Ferrabee noted that ISO 20022 helps satisfy compliance mandates tied to anti-money laundering (AML) and know your customer (KYC), and carries the same data as seen on checks (account info, banks and dates) that has been a mainstay of B2B. The insurer immediately offers a reimbursement amount.

B2C 86

B2C Budgeting Compliance B2B 86

PYMNTS

MAY 11, 2018

But the aggregation of troves of data points is a monumental task – let alone sorting, analyzing and making sense of that information. The issue, said Alexander Rinke, co-founder and CEO of Big Data company Celonis , is that oftentimes, businesses approach the analytics process by relying on static data points. ”

Accounts Payable 40

Accounts Payable Treasury SAP Forecasting 40

PYMNTS

JANUARY 10, 2020

B2B technology startups continue to gain valuable attention among venture capitalists. In a recent report , seed investors explored why their focus has turned to enterprise startups as opposed to consumer-facing technology firms after the publication’s analysis revealed that today’s seed investments favor B2B startups over B2C.

B2B 52

B2B Startups B2C Management Consulting 52

PYMNTS

JUNE 13, 2018

” The consequences of the inability to quickly pinpoint anomalies, disruptions and root causes of these challenges using internal data are vast, including non-compliance, strained buyer-supplier relationships and, of course, wasted money. . “As humans, we’re not capable.”

Invoicing 54

Invoicing Accounts Payable Budgeting Compliance 54

PYMNTS

APRIL 12, 2016

Nonprofits can face greater pressure than their for-profit peers when it comes to compliance. Not only do they add an enhanced level of security and fraud protection to the accounts payable process, they also simplify processes and provide a mechanism for generating new forms of revenue to support the nonprofit mission.”.

Nonprofit 40

Nonprofit Accounts Payable Reconciliations Cash Management 40

PYMNTS

MARCH 19, 2020

Automation in small business accounting can certainly be beneficial, but when a cloud-based accounting platform remains within the confines of its own interface, there can be unexpected friction that prevents business owners from gaining real-time financial insights. Elevating Functionality. Siloed Platforms.

Accounting 62

Accounting Invoicing Accounts Payable Financial Data 62

PYMNTS

FEBRUARY 22, 2017

Corporates in particular are struggling with some of these financial reforms, according to research from the U.S. Nearly 80 percent of businesses surveyed in that report said they have taken some type of measure to make up for the cost of compliance, with Basel III cited as having the greatest negative impact for businesses.

Accounting 54

Accounting Banking Cash Management Compliance 54

PYMNTS

DECEMBER 7, 2017

Blockchain and crypto companies may be operating with cutting-edge technology, but in the back-office, accounting and bookkeeping strategies are stuck in the stone age. There is a huge gap right now, and traditional accounting software doesn’t integrate with blockchains and cryptocurrencies.”. Libra, which recently announced $7.8

Accounting 52

Accounting Auditing Valuation Financial Data 52

Bramasol

DECEMBER 13, 2021

From Bramasol's perspective as a leading SAP partner creating business management, finance, and compliance solutions for over 25 years, here are five major areas that we are watching closely and helping our clients prepare to deal with in the coming year - and beyond.

SAP 52

SAP Compliance Profit and Loss IFRS 52

PYMNTS

MARCH 1, 2018

The B2B ground transportation segment also has to cater to the differing corporate cultures around the world. More recent data from Barclaycard highlighted the “consumerization” of business travel payments, meaning travelers often pay for company travel the same way they pay for business trips.

Transportation 40

Transportation Foreign Exchange Currencies Reconciliations 40