Remove Accounting Remove Cash Management Remove Communication Remove eCommerce
article thumbnail

Why Cash Management Is Driving Corporate?s Digital Payments Transformation

PYMNTS

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.

article thumbnail

Why Accounts Payable Is The ‘Lost Child’ Of Finance

PYMNTS

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

HSBC On The Next Phase Of Treasury APIs

PYMNTS

Banking services and money transfer app Revolut recently partnered with an open banking API provider to provide new services to account holders, for example. The collaboration enables Revolut customers to view data about all their different banks and bank accounts all in one spot in the app, thus supporting easier financial management.

article thumbnail

Treasurers Beware: FX Risk Is Not What It Used To Be

PYMNTS

While international growth may seem an opportunity too good to pass up for a small business, Laurent Descout, CEO and founder of corporate cash management FinTech Neo , says hard-hitting fees exacerbate the often damaging threat of currency and exchange rate volatility, leading some firms to give up on global aspirations.

article thumbnail

Cannabis Shows Early Signs Of Late Supplier Payments Struggle

PYMNTS

Many legal cannabis businesses continue to rely on cash, paper and offline methods of communication to conduct operations without access to traditional financial services. However, the regulatory pressures of the marijuana business can also mean the opposite. An Emerging Late Payments Problem.

B2B 52
article thumbnail

Data Dive, Pair Ups, Tie-ups And Roll Outs

PYMNTS

We are communicating with the central bank on and off, but there’s no clear reason.”. Theoverarching strategy is to meld financial services and eCommerce front to back. The new debit card can be used anywhere Mastercard debit cards are accepted and allows business to tap funds in the Square merchant accounts instantly.

Banking 49