PYMNTS

MARCH 16, 2017

Cross-border payments company Flywire is stepping into new territory: B2B payments. With its start in the education and healthcare sectors, Flywire’s expansion into B2B payments isn’t far of a stretch for the company, which already supports high-value international payments like tuition or medical care costs. Time For Change.

B2B 43

B2B Marketing Compliance Invoicing 43

PYMNTS

JANUARY 19, 2021

NAB will add Eedenbull’s Q Business platform to its offering to help SMBs track and manage spend, as well as to automate compliance controls. India’s ICICI Bank is adding accounting technology from AlignBooks to strengthen its SMB services. BNL Goes Live With Tink. ICICI Adds AlignBooks Technology.

Banking 136

Banking Reconciliations Compliance Finance 136

PYMNTS

SEPTEMBER 16, 2020

There will be new electronic banking feeds for corporate cards and automated receipt generation to help streamline back-office accounting processes. And anomaly detection and streamlined bank reconciliation will be available. Ali Jani , chief product officer with Acumatica, touted the ML capabilities as particularly enticing for users.

Reconciliations 76

Reconciliations Auditing Compliance Banking 76

PYMNTS

FEBRUARY 27, 2018

“Regardless of the reason, these methods can pose problems, including reduced spend visibility, making it difficult to both track and enforce policy compliance and to perform back-office functions, such as reconciliation and reimbursement as well,” said GBTA Foundation Director of Research Monica Sanchez in a statement when the report was published.

B2B 41

B2B Marketing Accounts Payable Reconciliations 41

PYMNTS

JULY 2, 2020

Often at the center of this initiative is the accounts payable (AP) department — and unsurprisingly for these volatile times, the strategy can turn toward lengthening the days payable outstanding (DPO). Some businesses are only just beginning their commercial card journeys as part of a broader push to digitize B2B payments.

Economics 104

Economics Accounts Payable B2B Reconciliations 104

PYMNTS

JUNE 17, 2020

Once booked, the trip can be paid for via the Expensify Card, with transaction details automatically captured for reconciliation and reporting. Amadeus B2B Wallet Expands Functionality. The integration also supports automated reconciliation and cash flow management, the companies noted in a press release.

Reconciliations 67

Reconciliations Accounts Payable Risk Analysis B2B 67

PYMNTS

SEPTEMBER 20, 2018

Requirements around the recording of digital data — for instance, newer rules on Hours of Service records and electronic recording of drivers’ hours worked — have industry players adopting tools to maintain compliance.

Accounting 63

Accounting Invoicing Accounts Payable Transportation 63

PYMNTS

MARCH 4, 2020

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.

Cash Flow Forecasting 104

Cash Flow Forecasting Accounts Payable General Ledger Corporate Finance 104

PYMNTS

NOVEMBER 20, 2020

While expanding internationally is the easy part, the challenge often comes in the back-office financials like invoicing , cross-border payments, accounting and reconciliation. Come auditing and tax time, maintaining compliance with all of the varying local regulations across different geographies adds an extra layer of complexity.

Mergers and Acquisitions (M&A) 61

Mergers and Acquisitions (M&A) Foreign Exchange Reconciliations Currencies 61

PYMNTS

JULY 23, 2020

GEP , which works in procurement and supply chain strategy, has launched its new accounts payable (AP) solution, which will help automate AP services through cloud technology, artificial intelligence (AI) and machine learning (ML), according to a press release.

Accounts Payable 56

Accounts Payable Invoicing Reconciliations B2B 56

PYMNTS

DECEMBER 4, 2017

Boost Payment Solutions is one company that seeks to bring electronic payments to the B2B realm, as both an acquirer and a FinTech with an exclusive focus on commercial credit cards. He likened his firm to a bridge between the accounts payable and receivable worlds as it relates to credit card usage and acceptance.

B2B 40

B2B Invoicing Reconciliations Accounts Payable 40

PYMNTS

JULY 2, 2020

In a statement, BMO Harris Bank Head of North American Corporate Card Products Steve Pederson said the partnership “helps our clients streamline the B2B payment process, better support cash flow needs, and simplifies the process suppliers traditionally go through to accept a payment.” ADP Eyes Payroll Card Adoption Jump.

Compliance 83

Compliance Reconciliations B2B Banking 83

PYMNTS

MAY 13, 2020

Preserving trade flows of particular importance in the healthcare sector today, with cross-border B2B payments essential to this effort. Paving Way For Faster B2B Payments. In all cross-border B2B payment scenarios, transparency is also critical to promoting efficiency. to multiple vendors in China to facilitate PPE procurement.

Healthcare 81

Healthcare B2B Foreign Exchange Nonprofit 81

PYMNTS

FEBRUARY 5, 2020

Commercial card technology can ease multiple pain points in B2B payments. In this week’s examination of the latest in commercial card innovation, PYMNTS uncovers how service providers are emphasizing how card technology can ease friction pre- and post-payment, from promoting employee spend compliance to streamlining supplier reconciliation.

Reconciliations 53

Reconciliations Accounts Payable B2B Compliance 53

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

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. ”

Accounts Payable 114

Accounts Payable Invoicing Reconciliations B2B 114

PYMNTS

DECEMBER 5, 2019

After all, money exits a company through more than one avenue, whether it be via the accounts payable department or a firm’s own employees. Many of those pain points are, by now, well-known in the B2B payments space. Understanding businesses’ biggest payment pain points requires a wide line of sight.

Accounts Payable 52

Accounts Payable B2B Problem Solving Nonprofit 52

PYMNTS

AUGUST 27, 2019

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.

Cash Flow Forecasting 60

Cash Flow Forecasting Accounting Standards Accounting Firms Reconciliations 60

PYMNTS

AUGUST 1, 2019

is facing heightened compliance burdens that similarly force administrative, manual tasks on professionals that need that time to focus on their businesses. On top of that administrative burden, the growing gig worker population in the U.K. He noted that this is another challenge for the smallest of the small businesses.

Reconciliations 60

Reconciliations Compliance B2B Banking 60

PYMNTS

MAY 6, 2019

Customers, on the other hand, need to be assured that their PII, such as credit card or bank account numbers, will remain safe. . The movement of money is initiated when the merchant’s bank requests to “pull” money out of the customer’s account and place it into the merchant’s. The scenario is reversed for push payments.

B2C 44

B2C Reconciliations Invoicing Securities 44

PYMNTS

JUNE 19, 2019

B2B FinTech has made leaps and bounds in the world of procurement, enabling large enterprises to automate a significant portion of their purchasing processes. Increasingly, he added, spend compliance and control are driving organizations’ procurement digitization efforts. Expanding The Scope Of Data.

Compliance 46

Compliance B2B Reconciliations Budgeting 46

PYMNTS

APRIL 3, 2020

Accounts payable (AP) automation technology presents an obvious benefit to companies of all sizes and industries to boost efficiency and strategize vendor payments. ” From Onboarding to Compliance. . ” From Onboarding to Compliance.

Accounts Payable 52

Accounts Payable Reconciliations Compliance Invoicing 52

PYMNTS

JUNE 1, 2020

The teams of EY will tap into the software technology of GTKonnect, which covers a number of areas with the inclusion of free trade agreements, import/export compliance, country of origin, master data management, foreign trade zones and tariff classification as well as reconciliation.

Reconciliations 52

Reconciliations Data Analysis Compliance Accounting Firms 52

PYMNTS

MAY 18, 2017

Many payment providers are set up to aid transactions on a low value, low volume basis, Althaus said, “but as the size of cross-border payments gets into the thousands, tens of thousands and hundreds of thousands of dollars, this opens up a whole other level of complexity from the view of compliance” and the process of moving money.

Invoicing 59

Invoicing B2B Reconciliations Currencies 59

PYMNTS

APRIL 10, 2019

Corporates’ biggest procure-to-pay challenges often center around the friction of streamlining data flows and the movement of money, from sourcing and purchase order submission to invoice payment and reconciliation. Yet, as supply chains expand across borders, a new burden has landed on procurement teams’ shoulders: compliance.

Compliance 55

Compliance Invoicing Auditing Accounts Payable 55

PYMNTS

OCTOBER 1, 2019

However, the banks that have been and will be successful are the ones that see faster payments as the “new normal” for payments, clearing and settlement — and with the “new normal” comes new ways to do everything, from account-to-account payments to transfers across borders.

B2B 69

B2B Reconciliations eCommerce Banking 69

PYMNTS

DECEMBER 11, 2019

As the open banking business model permeates into the B2B financial services market, FinTechs and traditional financial institutions continue to find new use cases for API integrations and connectivity to elevate the business-user experience. SMB Accounting App Coconut Opens to Banks. SMB Accounting App Coconut Opens to Banks.

Banking 52

Banking Foreign Exchange Reconciliations B2B 52

PYMNTS

AUGUST 16, 2019

To launch the solution, Revolut has also announced a partnership with small business cloud accounting company Xero , enabling joint customers to integrate expense data between the two platforms for seamless reconciliation.

Reconciliations 43

Reconciliations Compliance Accounting Banking 43

PYMNTS

DECEMBER 8, 2016

businesses are attracted to digital invoicing for a slew of financial benefits: faster, more efficient accounts payable and reconciliation processes, a reduction in the threat of errors due to manual data entry and ability to capture early payment discounts thanks to an accelerated invoice management process. In the U.S., Still, U.S.

Accounts Payable 64

Accounts Payable Invoicing Compliance Reconciliations 64

PYMNTS

JUNE 15, 2018

In India , Marg ERP, which makes inventory and accounting software, is linking with ICICI Bank , the nation’s largest private sector bank by consolidated assets. The partnership will offer integrated payments to micro, small and mid-sized enterprises, using the former’s accounting software.

Compliance 46

Compliance Reconciliations Invoicing Banking 46

PYMNTS

MAY 24, 2016

That leads to the necessity of payments taken across a variety of methods and with far-flung reconciliations. Tipalti is moving to help foster supplier payment functionality that stems from the cloud, with an eye on supply chains that need more robust communication and reconciliation as complexity comes into play.

Accounts Payable 40

Accounts Payable Reconciliations Compliance Currencies 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

SEPTEMBER 29, 2017

But the banks themselves also have complex demands for their own treasury departments, which, like other corporations, must be able to manage finances, risk and compliance. Compliance with domestic and international standards is considered a must,” Beaulande recently told PYMNTS.

Treasury 56

Treasury Banking Compliance Risk Management 56

PYMNTS

MAY 26, 2016

Tipalti is launching its first-ever, end-to-end solution for accounts payable departments on the heels of news that the company secured an integration of its supplier payment solutions into the NetSuite SuiteCloud platform. ” The executive added that Tipalti’s new AP platform provides “unmatched automation.”

Accounts Payable 41

Accounts Payable Invoicing Reconciliations Compliance 41

PYMNTS

AUGUST 16, 2016

Through the terms of the latest deal with Didi, Concur users on the ground requesting a ride through the ride-hailing firm are able to log the transactions back to their Concur account through a mobile app. Didi Chuxing users connect to Concur accounts and can select rides.

Transportation 40

Transportation Reconciliations Compliance Accounting 40

PYMNTS

MARCH 17, 2020

Morgan to, for example, leverage APIs within virtual account offerings to provide real-time visibility into current balances, or integrate payment and banking functionality directly within existing treasury management systems and other portals — rather than forcing a treasurer to toggle from one platform to another. Cao said. “If

Treasury 69

Treasury Reconciliations Banking Compliance 69

PYMNTS

JULY 6, 2017

In the third episode of our “ Kill The Check ” series, Ingo Money ’s CEO Drew Edwards spoke with PYMNTS about the demand lenders face not only to fast-track approvals, but also to push payments into the accounts of borrowers — regardless of account type. “So,

Risk Management 40

Risk Management Reconciliations Invoicing Compliance 40