PYMNTS

JANUARY 22, 2019

Accounting, consultancy and technology firm Crowe is rolling out a new solution designed for hospitals to automate daily bank reconciliation processes and manage cash flow, the company said in a recent announcement. Hospitals can often struggle to manually reconcile cash flow coming from multiple sources.

Cash Management 73

Cash Management General Ledger Reconciliations Healthcare 73

PYMNTS

NOVEMBER 22, 2020

Raiffeisen , the third-largest Swiss banking group, has joined up with software provider CoCoNet to launch a payment and cash management service for companies, a statement says.

Cash Management 77

Cash Management B2B Invoicing Banking 77

PYMNTS

JUNE 11, 2020

Now that businesses have gotten a taste of what it means to automate workflows like invoicing, accounts receivable (AR) and cash management, they’re likely never turning back. “They’re getting the taste of being able to get cash flow faster and give their supply chains choices in how to pay.

Cash Management 60

Cash Management Invoicing Accounts Payable B2B 60

PYMNTS

SEPTEMBER 14, 2017

Google and Intuit are pairing up to help Australian small businesses (SMBs) get a better grip on cash management. The Google Calendar App also integrates with QuickBooks Online and QuickBooks Online Accountant, the companies said. Reports Wednesday (Sept.

Cash Management 74

Cash Management Invoicing Accounting Finance 74

PYMNTS

NOVEMBER 12, 2020

Today In B2B payments, NeweggBusiness integrates business financing and payment terms via Behalf, while Deutsche Bank expands its cash management offering into Australia. Deutsche Bank Debuts Cash Management In Australia. Newegg Chooses Behalf For Flexible Business Financing. 11) press release.

Cash Management 67

Cash Management B2B Auditing Finance 67

https://trustedcfosolutions.com/feed/

MAY 27, 2022

Owning a restaurant chain or several restaurant franchises can be challenging when it comes to accounting and being able to consolidate all your reporting and records. There are a lot of accounting solutions on the market but only one that can provide you with all the information you need to make those critically important growth decisions.

Accounting 108

Accounting General Ledger Accounts Payable Cash Management 108

PYMNTS

SEPTEMBER 24, 2020

BNY Mellon unveiled a collaboration to assist customers with supervising and investing funds by letting them access GTreasury ’s payment and cash management functions, according to a Thursday (Sept. 24) announcement.

Cash Management 40

Cash Management B2B Treasury Investments 40

PYMNTS

APRIL 11, 2019

Financial management platform Sage Intacct is integrating data from cash management tool Trovata.io to provide real-time visibility into cash positions for corporate users. Joint customers will be able to generate reports and enhance cash management process automation using Trovata.io

Cash Management 43

Cash Management Cash Flow Forecasting Accounts Payable Forecasting 43

PYMNTS

DECEMBER 2, 2019

must continually demonstrate accountability to continue serving their respective missions. Manual processes can lead to requisition approval times longer than other businesses, and many nonprofits lack the automated eProcurement solutions that can quickly process requests and approve expenses. . million active nonprofits in the U.S.

Nonprofit 56

Nonprofit Cash Management Leadership Education 56

Strategic Treasurer

MARCH 20, 2023

Bank Fee Management Webinar Series: Bank Account Management and Structures May 16 and 17 Register Now Dates / Times Tuesday, May 16, 2023 11:00 AM – 11:30 AM EDT Wednesday, May 17, 2023 2:00 PM – 2:30 PM EDT Where This is an online event Speakers Jason Campbell, Strategic Treasurer Craig Jeffery, Strategic Treasurer Hosted By 0.6

Accounting 52

Accounting Banking Risk Management Cash Management 52

PYMNTS

OCTOBER 10, 2016

Just look at SAP Ariba , which integrated PrimeRevenue’s supply chain financing into its spend management platform, or Reckon , a small business accounting platform that recently rolled out an SME lending feature thanks to Prospa. Less common, however, is an SME financing solution that integrates into a commercial card offering.

Cash Management 76

Cash Management SAP Finance Invoicing 76

Boston Startup CFO

APRIL 3, 2023

Financial accounting: A topic that can easily disorient even the most driven entrepreneurs. Fortunately, we present you with a compass – a diagram that demystifies the functions of financial accounting. In this tier, a double-entry accounting system is employed to ensure the accurate recording of all transactions.

Accounting 52

Accounting Accounting Principles GAAP Compliance 52

PYMNTS

APRIL 8, 2019

According to Swift Prepaid Solutions , the majority of businesses that have sought financing in the last 18 months prioritize the ability to receive loan payouts in a prepaid account, followed by ACH payments to their bank accounts.

Cash Management 51

Cash Management Prioritization Finance B2B 51

PYMNTS

JULY 21, 2017

Small business accounting and cash management took home the gold this week, with two startups raising a collective $93 million in funding. SME Accounting. FreshBooks CEO Mike McDerment spoke with PYMNTS to announce the $43 million in new venture capital for his SME accounting company. Expense Management.

Cash Management 40

Cash Management Startups Invoicing Accounts Payable 40

PYMNTS

OCTOBER 27, 2016

. “However, as the large majority of SMEs still finance themselves with cash flow from operations, there is a significant opportunity for businesses to optimize working capital through better relationships with customers and better use of accounts receivables.” ” Indeed, 76 percent of SMEs in the U.S.

Cash Management 75

Cash Management B2B Finance Economics 75

Future CFO

JUNE 16, 2021

Organizations that adopt accounts payable (AP) automation can experience significant benefits including greater control over cash management, reduction in processing costs, fraud mitigation and improved compliance. DOWNLOAD NOW The post The benefits of accounts payable – a finance perspective appeared first on FutureCFO.

Accounts Payable 52

Accounts Payable Accounting Finance Cash Management 52

PYMNTS

DECEMBER 13, 2017

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.

Cash Management 42

Cash Management Treasury Corporate Finance Communication 42

PYMNTS

NOVEMBER 5, 2019

With the impending launch of Spring by Citi , Citi ’s Treasury and Trade Solutions (TTS) is increasingly incorporating the consumer payments experience into its broader B2B treasury management and transaction banking offering as it moves to support its institutional clients in their own journeys to meeting customer payment demands.

Cash Management 42

Cash Management Treasury B2B Banking 42

PYMNTS

DECEMBER 12, 2019

Online brokerage startup Robinhood has introduced a cash management service that will give customers 1.8 This new service follows last year’s unsuccessful launch of a checking and savings account product, which was not well received. percent interest on any money they don’t have in stocks, Bloomberg reported on Wednesday (Dec.

Accounting 54

Accounting Banking Cash Management Startups 54

PYMNTS

SEPTEMBER 17, 2020

Cloud-based clearing bank ClearBank has begun offering multi-currency bank accounts using an API, according to a press release. Beginning in the fourth quarter this year, the bank will allow users to access over 30 multi-currency accounts.

Currencies 64

Currencies Accounting Banking Foreign Exchange 64

Future CFO

MAY 26, 2022

According to Victor Ng , regional vice president for Asia, BlackLine , intercompany accounting involves the recording of financial transactions between different legal entities within the same private company. To Ng, the most common red flag is unreconciled intercompany accounts. What is intercompany accounting?

Mergers and Acquisitions (M&A) 98

Mergers and Acquisitions (M&A) Accounting Foreign Exchange Compliance 98

Strategic Treasurer

FEBRUARY 18, 2022

Short-Term Investing: Insured Deposit Accounts Foundations. Bruce Bent II, Landing Rock Cash Management Craig Jeffery, Strategic Treasurer. Organizations have a wide range of options for their short-term cash. The level of understanding regarding how companies can use insured deposit accounts varies significantly.

Investments 52

Investments Accounting Cash Management Marketing 52

PYMNTS

JANUARY 30, 2017

Used to be that managing a company’s liquidity and cash position was a matter of reconciling disparate bank accounts at the end of the day. Trade finance, they said, could help boost efficiency in cash management and supply chain (via dynamic discounting on invoices).

Cash Management 49

Cash Management Treasury Invoicing Currencies 49

PYMNTS

FEBRUARY 15, 2017

.” And while researchers found that, as a company grows, so do the difficulties in managing cash flow, the smallest of SMEs, startups, are struggling the most with daily cash management tasks, with 15 percent of startups saying that they found this issue to be an especially difficult challenge.

Cash Management 43

Cash Management Invoicing Startups Forecasting 43

PYMNTS

AUGUST 25, 2016

Accounting and consulting firm Crowe Horwath LLP says businesses face a balancing act when it comes to cash flow management. Treasurers and money managers need to make the right decisions with corporate money for today, while ensuring the business will be in a good position tomorrow.

Cash Management 40

Cash Management Manufacturing Accounts Payable Profit and Loss 40

PYMNTS

APRIL 29, 2016

In an announcement on Wednesday (April 27), APEX Analytix revealed a four-step cash management strategy to combine data analytics and supplier management tools. Accounts payable and procurement are partnering with treasury to look at cash management more holistically,” the executive said.

Cash Management 40

Cash Management Accounts Payable Treasury Invoicing 40

PYMNTS

FEBRUARY 19, 2019

That probably won’t come as a surprise to many in the B2B payments space, considering that organizations typically try to float their capital for as long as possible, a cash management tactic that can lead to longer payment terms with small suppliers, and the prevalence of late payments. In the U.K., Rimilia , a U.K.-based

Accounting 75

Accounting Cash Management B2B Invoicing 75

PYMNTS

APRIL 23, 2020

Unfortunately, independent contractors have also frequently been left out of the picture for traditional banks and even newer FinTechs despite the recent influx of small business cloud accounting apps and other B2B FinTech platforms. Accounts payable is the money you owe your suppliers. Easing The User Experience.

Accounting 56

Accounting Accounts Payable Invoicing Cash Management 56

PYMNTS

DECEMBER 18, 2019

Silicon Valley’s Sage Intacct is bringing its cloud-based financial management system to the U.K. The accounting software solutions offered by Sage Intacct are flexible and cloud-native, offering advanced functionality and automation. This year marked the third straight year Sage Intacct account software has earned the highest score.

Accounting 52

Accounting Nonprofit Strategic Planning Cash Management 52

PYMNTS

MAY 9, 2019

So it is with accounts payable (AP), as Chen Amit, CEO of Tipalti , told PYMNTS in a recent interview. Accounts payable is the ‘lost child’ hidden in business workflows,” said the executive. “I Of accounts payable in general, he said, “it’s a cumbersome process. Cash management becomes less art than science.

Accounts Payable 70

Accounts Payable Accounting Finance Cash Management 70

PYMNTS

OCTOBER 3, 2019

FinTech startup Brex is launching a business cash management account to replace traditional business bank accounts, the company said in a press release on Wednesday (Oct. The Brex Cash account will work with the Brex Card on one network and offers users a return of 1.6

Accounting 57

Accounting Banking Valuation Cash Management 57

PYMNTS

JUNE 19, 2019

HSBC is rolling out its digital accounts receivable solution for corporates in India after teaming up with Australia-based Identitii , reports in IT Wire said on Tuesday (June 18). “HSBC’s DART is an industry first,” said Identitii CEO Nick Armstrong in a statement.

Accounting 55

Accounting Communication Cash Management Invoicing 55

PYMNTS

MAY 27, 2020

The CEO of SoFi, the digital personal finance company based in San Francisco, said its investor accounts have doubled this year, mostly due to fractional shares. The company said the account is secure and offers rewards for savers with higher interest relative to the national average of transactional accounts.

Accounting 52

Accounting Investments Cash Management Economics 52

PYMNTS

OCTOBER 3, 2019

Today in the payments news roundup, FinTech startup Brex is launching a business cash management account to take the place of traditional business bank accounts. Also, Saga, a financial company geared to individuals over 50, has linked up with Goldman Sachs consumer bank Marcus to offer two new savings accounts.

Accounting 43

Accounting Cash Management Securities Banking 43

PYMNTS

JULY 23, 2018

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.

Cash Management 40

Cash Management Cash Flow Forecasting Treasury Corporate Finance 40

PYMNTS

SEPTEMBER 21, 2017

Gappify is the latest company to roll out business accounting-related chatbot technology. 20) that it has launched Alan, chatbot technology designed to assist business accountants. Using robotics process automation technology, Alan automates tasks to help corporate accountants focus on more strategic and value-add processes.

Accounting 45

Accounting Accounts Payable Cash Management Accounting Standards 45

Future CFO

MAY 16, 2021

This 8-minute video on Esker’s Accounts Receivable Suite covering all aspects of the AR lifecycle from managing customer credit risk, invoice delivery, cash collection, cash application processing, providing full visibility into a customer’s financial impact on the business.

Accounting 52

Accounting Credit Risk Invoicing Finance 52