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Crowe Launches Cash Management Solution For Hospitals

PYMNTS

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.

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FreshBooks Lands Fresh Funding As SME Accounting Complexities Mount

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That means accounting software for these professionals is big business, too, with investors placing about $43 million in new funding to one industry player, FreshBooks. An interface overhaul designed to make it easier for entrepreneurs and the self-employed to actually use the accounting solution may help boost adoption rates.

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How AP Digitization Tackles Hospitals’ Biggest AR Woes

PYMNTS

Cash flow is a fickle beast for any organization, but in the healthcare sector, bottlenecks and friction points are aplenty thanks to issues like late patient payments, insurance payouts and negotiations, and refunds. The most efficient way to expand days cash on hand, he said, is to slow money going out — and to do it strategically.

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What Payments Players Had To Say About Innovating Payments In A Pandemic

PYMNTS

From the back-office bean counter to the overseer of cybersecurity and anti-money laundering (AML) compliance, the modern corporate treasury has undergone an extreme makeover in recent years that goes well beyond its historic roots in cash management. According to J.P. Faster payment schemes also number more than 50 and counting.

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The Economic – And Ergonomic – Value Of Commercial Card Optimization

PYMNTS

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). ” The healthcare industry is one area where these conversations are happening more frequently.

Economics 104
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J.P. Morgan Looks Toward Payments Modernization

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Whether businesses were establishing their modernization roadmaps for the first time or simply accelerating the plans they already had in place, the COVID-19 crisis drove organizations to embrace technology at unprecedented levels in order to manage a remote workforce, supply chain disruptions and economic uncertainty.

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Weekend Reading For Financial Planners (Nov 19-20) 2022

CFO News Room

cash management programs ). cash management programs ). Health Savings Accounts (HSAs) have become an increasingly popular tool for consumers , particularly those in good health and with extra income to save. It also comes after a hedge fund claiming to own 7.2% Jennifer Lea Reed | Financial Advisor).

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