PYMNTS

JUNE 22, 2016

In B2B payments, accounts payable automation is a hot topic, as are the challenges AP professionals face when it comes to paying suppliers and managing the data from those transactions. But a new report from Corcentric , written by the Institute of Finance & Management (IOFM), details the hurdles on the other side of the payment.

Accounting 42

Accounting Invoicing Reconciliations Accounts Payable 42

PYMNTS

SEPTEMBER 17, 2019

Instead, taking a look at the latest solutions to emerge on the market shows various applications for speed in commercial transactions, from faster deposits for small businesses, to virtual cards enabling faster invoice payments for suppliers. Chase Accelerates SMB Bank Deposits. Marie Aloisi in a statement.

Accounts Payable 43

Accounts Payable B2B Accounting Invoicing 43

PYMNTS

JULY 16, 2019

Billie, a Germany-based startup offering invoicing and financing solutions for small businesses and corporates, announced about $33.6 Billie operates a platform upon which companies can send invoices to their corporate customers, collect payments and access invoice financing on unpaid bills.

Finance 40

Finance Invoicing B2B Accounts Payable 40

CFO Share

JULY 8, 2021

You receive numerous calls from vendors about late invoices. You are unable to predict cash balances with accuracy. How to perform 13 week cash flow forecasting. A rolling 13 week cash flow model is updated weekly by your CFO, accounting team, and management in a collaborative session. Reductions in force.

Cash Flow Forecasting 59

Cash Flow Forecasting Forecasting CFO Accounts Payable 59

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). “On the buyer side, utilizing cards and shifting away from checks, wire and ACH provides a new credit instrument.”

Economics 104

Economics Accounts Payable B2B Reconciliations 104

PYMNTS

NOVEMBER 7, 2019

The solution enables buyers to upload several invoices at once, and can also help users estimate future cash flow through the use of data in various formats. With this program, suppliers may effectively decrease ‘Days Sales Outstanding’ and enjoy additional working capital without leveraging bank credit lines.

Invoicing 40

Invoicing Cash Management Finance Leverage 40

CFO Simplified

JULY 6, 2023

But despite the stress that this can create, there is probably something even more concerning: the emotions surrounding cash flow as it relates to payroll. Some employees check their bank account every payday to assure that they got paid. When a company runs into Cash Flow issues, you can put off paying your suppliers.

Cash Flow Forecasting 52

Cash Flow Forecasting CFO Invoicing Forecasting 52

PYMNTS

JULY 5, 2019

Financial Institutions are experiencing significant changes (and potential improvements) when it comes to managing and forecasting cash flow, with new tools and technologies entering the market — with many designed to appeal to small and medium-sized businesses (SMBs). Cash Flow Complications.

Cash Flow Forecasting 71

Cash Flow Forecasting Forecasting Invoicing Cash Management 71

PYMNTS

NOVEMBER 16, 2018

RPA is igniting chatter in the corporate finance community as professionals explore next-level analytics and automation functionality to enhance processes like accounts payable, accounts receivable, cash flow management and more. Automation Anywhere. Purpose Financial LP led the funding round, reports said.

Accounts Payable 77

Accounts Payable Foreign Exchange Currencies Startups 77

PYMNTS

DECEMBER 11, 2019

Translating Consumer Cash To Supplier Payment. For legal marijuana dispensaries, a reliance on cash at the point of sale results in a host of frictions and challenges for both consumers and businesses. “It’s sent to the cultivator, or sometimes they pay cash-on-delivery to the delivery driver.”

B2B 52

B2B Invoicing Accounts Payable Compliance 52

PYMNTS

MAY 19, 2017

Cash Management. While Telr, based in Singapore and India, provides front-office B2C payment solutions to its business customers, the company has also grown a presence in the back-office, with cash management and logistics solutions linked into its overall offering. B2B Marketing. secured $10.3 Based in the U.K.,

B2B 61

B2B Investments B2C Cash Management 61

PYMNTS

OCTOBER 11, 2017

Business executives, entrepreneurs and other managers who must frequently travel recently gained a new tool to help manage finances from outside the confines of the office. The service also offers executives, business owners and managers the ability to track travel-related expenses.

B2B 71

B2B Cash Management Invoicing Currencies 71

PYMNTS

OCTOBER 13, 2017

Order-to-cash is an area of cash flow management that has the potential to significantly enhance a business’s financial performance. ” That business model means companies that would have previously invoiced a customer once a year are now splitting that bill into, for instance, 12 monthly bills.

Financial Data 40

Financial Data Invoicing Cash Management Technology 40

PYMNTS

MARCH 23, 2017

Receivable Savvy, an accounts receivable and order-to-cash management firm, wants suppliers to see Same Day ACH as an opportunity to bolster cash flow. Its 2017 Perceptions Study found that 80 percent of B2B supplies said their number one issue in accounts receivable is to receive payment faster.

B2B 54

B2B Invoicing Reconciliations Education 54

PYMNTS

SEPTEMBER 19, 2017

Google and Intuit have teamed up to boost Australian small and medium-sized businesses (SMBs) with cash management. Plus, the Google Calendar App now integrates with QuickBooks Online and QuickBooks Online Accountant, Intuit tools which help SMBs manage their banking, invoicing, taxes, accounting and employees.

Invoicing 40

Invoicing Cash Management Manufacturing Securities 40

PYMNTS

JULY 23, 2018

Researchers warned that inventory management and accounts receivable performance actually both deteriorated in 2017, and lengthening payment terms “masked” those poor performance markers. Meanwhile, days sales outstanding (DSO) increased by 4.4 Corporates in the U.S. took an average of 3.4 percent, reaching 39.5

Invoicing 40

Invoicing Cash Management Finance Accounting 40

BlueLight

JULY 30, 2020

My motivation was to understand the responsibility of the CFO suite, the process of billing to accounting, and the software tools available to run an effective finance office. I interviewed 50 people that held CFO, finance manager, and financial analyst type roles. One is accounting: you need this done properly to inform the next two.

CFO 52

CFO Financial Planning and Analysis (FP&A) Strategic Planning Startups 52

PYMNTS

DECEMBER 31, 2020

billion in sales for the month of November alone. 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.

Healthcare 115

Healthcare B2B Foreign Exchange Treasury 115

PYMNTS

JUNE 13, 2016

John Shapiro, director of product management and payments at Intuit, told PYMNTS that the mobile offerings are aimed at firms that have multiple entities under the corporate umbrella — or, in another scenario, many customers — to see when data was last reconciled through bank statements, which can give insight into what is still pending.

Cash Management 41

Cash Management Invoicing Accounting Firms Sales 41

BlueLight

JULY 16, 2020

In these conversations, I observed each finance leader had a different perspective and approach with their financial accounting partner. I caught up with Sandeep Shroff, Co-Founder and CEO of myStartUpCFO , an accounting firm that provides on-demand full-stack CFO services for startups. How do software tools fit into your operation?

Startups 52

Startups CFO Reconciliations General Ledger 52

CFO Leadership

JANUARY 5, 2024

Automate Finance Fundamentals Particularly as businesses grapple with the accountant shortage , automation is key to get the work done and, just as importantly, attract and retain talent. High-impact areas to automate include invoice processing, the financial close, and internal controls. Here’s a sampling.

CFO 97

CFO Invoicing Leadership Cash Management 97

PYMNTS

MARCH 23, 2016

These extended payment terms could be due to open account trade. In a document outlining these definitions, the BAFT explained that open account terms allow trading partners to independently work out payment terms; according to the report, more than 80 percent of trade volume across the globe is conducted with open terms.

Foreign Exchange 40

Foreign Exchange B2B Manufacturing Finance 40

PYMNTS

APRIL 16, 2020

movie theater industry has seen similar declines, registering a 69 percent year-over-year drop in sales for March 12 through March 19. Doing so could include deploying digital cash management tools to help corporate treasurers quickly respond to hard-to-predict financial and supply chain shifts.

Manufacturing 52

Manufacturing B2B eCommerce Retail 52

CFO Leadership

JANUARY 25, 2024

Automate Finance Fundamentals Particularly as businesses grapple with the accountant shortage , automation is key to get the work done and, just as importantly, attract and retain talent. High-impact areas to automate include invoice processing, the financial close, and internal controls. Here’s a sampling.

CFO 52

CFO Invoicing Cash Management Forecasting 52

CFO Leadership

JANUARY 8, 2024

Automate Finance Fundamentals Particularly as businesses grapple with the accountant shortage , automation is key to get the work done and, just as importantly, attract and retain talent. High-impact areas to automate include invoice processing, the financial close, and internal controls. Here’s a sampling.

CFO 52

CFO Invoicing Leadership Cash Management 52

Future CFO

FEBRUARY 10, 2021

Charlene Tan, regional sales director at Workday, started the discussion by stating that the pandemic crisis, like any crisis, offered new opportunities. Technology also helped International SOS implement an AI-enabled OCR solution during the pandemic and enabled digital invoicing from hospitals and clinics. New priorities.

CFO 52

CFO Finance Auditing Treasury 52

PYMNTS

JUNE 9, 2017

That’s especially true in corporate accounting, says Beanworks CEO Catherine Dahl. It’s an interesting time in accounting, and there’s a huge change coming,” she recently told PYMNTS, adding that digitization will become the norm, empowering humans to take on more strategic tasks while technology handles the repetitive stuff.

Accounting 43

Accounting Technology Accounts Payable Invoicing 43

Future CFO

APRIL 7, 2022

He comments that most accounting graduates have more exposure to Excel than finance-related software solutions through their college education), lethargy to pick up new technologies, and sometimes difficulty in getting approval for finance technology investment. “The banking fees).

Finance 98

Finance SAP Leadership Cash Management 98

Future CFO

APRIL 6, 2022

Accounts receivables measure the money that customers owe to a business for goods or services already provided. Analysing a company's accounts receivable will help investors gain a better sense of a company's overall financial stability and liquidity. A strategic priority for cash & credit management.

Invoicing 98

Invoicing Finance CFO Accounting 98

PYMNTS

AUGUST 9, 2019

That’s what makes the marrying of front-office finances with back-office finances so valuable for this space, according to Teri Wilson, general manager at restaurant accounts payable technology firm Sourcery. At first glance, the synergies between a point of sale (POS) and accounts payable solution may not appear clear.

Accounts Payable 43

Accounts Payable Invoicing Reconciliations Finance 43

PYMNTS

SEPTEMBER 17, 2018

The handwritten invoice he left with my cushions included his name, his mobile phone number and the payment methods he accepted: cash or check. The invoice amount was less than $500. When I got the invoice, I panicked a little. He has a PayPal account, so that’s how I’ll pay him today. The product was exceptional.

Invoicing 78

Invoicing Accounting Banking B2B 78

CFO Simplified

APRIL 8, 2022

This person learns all the ins and outs of the accounting system and everything else about the business. Sales – $17,000,000. Significant Findings and Recommendations: Internal Controls – Cash Operations. The office manager controlled the company’s financial operations. Any credit memos should be approved by management.

Accounts Payable 52

Accounts Payable Cash Flow Forecasting Reconciliations CFO 52

PYMNTS

FEBRUARY 7, 2020

As enterprise digitization initiatives permeate beyond IT departments and into corporate finance functions, executives are exploring new approaches to modernizing the ways they manage money. Accounts receivable (AR) is also increasingly joining this conversation. ” Customer Relationship. .” ” Customer Relationship.

Corporate Finance 57

Corporate Finance B2C Finance Accounting 57

PYMNTS

MAY 31, 2019

Accounts payable, cloud migration, Big Data and even legal management for startups raising new funding were all targeted among investors. Accounts receivable and invoicing company Crowdz announced a $5.5 Agosto said it will add to its sales and marketing team, and promote its Skykit content management system solution.

B2B 57

B2B Accounts Payable Invoicing Valuation 57

PYMNTS

JULY 31, 2017

Considering SMEs the world over are struggling with adopting electronic payments and invoicing, Indian companies are certainly facing a challenge. Cash, in the form of currency notes on hand, does not really help anyone,” Krishnan recently told PYMNTS.

Invoicing 40

Invoicing B2B Accounts Payable Cash Management 40

Bramasol

DECEMBER 13, 2021

This is another subject that we've been tracking closely and have addressed in a recent blog on Carbon Accounting Compliance. As a specific subset within broader Environmental, Social and Governance (ESG) reporting, carbon accounting has been the subject of much discussion, both by accounting bodies and governmental policy makers.

SAP 52

SAP Compliance Profit and Loss IFRS 52

PYMNTS

AUGUST 5, 2019

According to ePayRails CEO Richard Jackman, the company will deploy the funding to buildout its ePayRails Payment Hub, invest in sales and marketing, and bolster its back-office client support offerings. ePayRails is taking a dynamic, long-term approach to addressing specific issues all organizations face with respect to cash management.”

B2B 40

B2B Startups Securities Accounts Payable 40