Future CFO

APRIL 21, 2021

Manual AP invoicing has been outdated and inefficient for years now, so when business across the globe encountered significant disruptions, companies with digital transformation still on their to-do lists felt the impact on their operations far more than those already using automation. Optimizing cash flow.

Accounts Payable 40

Accounts Payable Accounting Invoicing Finance 40

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

Future CFO

JULY 16, 2020

Every year about 550 billion invoices are generated and processed, mostly manually, and the cost to business is staggering. Factoids : A poll of 1,485 organizations on the total cost of accounts payables (AP) found participants paying between $2.07 and $10 per invoice. Bottomline – processing invoices costs money.

Invoicing 40

Invoicing Accounts Payable Accounting Cash Management 40

PYMNTS

FEBRUARY 1, 2021

Smooth accounts payable and receivable processes depend on the ability to easily access, manage and interpret payments data, but complex workflows and old-school tools can get in the way. That information is then easy to process for generating insights and informing cash management decisions. .

Accounts Payable 93

Accounts Payable Reconciliations Invoicing Treasury 93

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. FinTechs Move Money To Vendors Faster.

Accounts Payable 43

Accounts Payable B2B Accounting Invoicing 43

Strategic Treasurer

MARCH 6, 2023

In the Language of Finance sub-series, we will look into different terms that should be understood in order to communicate effectively with the rest of your treasury team and with others. How does the language of FP&A differ from treasury? What are some of the different ways we look at it in finance, accounting as a view of it?

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Treasury GAAP 52

Future CFO

MARCH 14, 2022

International SOS embarked on the digital transformation of its finance operations by automating its procure-to-pay and accounts receivable processes. Collaborating closely with technology partner Esker Asia, the company moved from 85% paper-based invoices to handling 95% electronic invoices today. Ross Mackay.

Invoicing 97

Invoicing Finance Accounting Banking 97

Reval

JUNE 13, 2017

Hong Kong – 14 June 2017 – Kerry Logistics, a leading logistics provider based in Hong Kong, was awarded Best Liquidity Management Strategy for 2016, using Reval, the leading global software-as-a-service solution for treasury and risk management.

Foreign Exchange 52

Foreign Exchange Treasury Cash Management Risk Management 52

Future CFO

DECEMBER 6, 2021

With the disruption of the global supply chain and the economic slowdown, companies’ finance departments are under more pressure to optimise their cash conversion cycle. Then typically, you have to go back to the corporate treasury for more liquidity. If there's a dispute on certain invoices, clearly, they are not collectable.

Invoicing 52

Invoicing Cash Management Treasury Finance 52

PYMNTS

JANUARY 16, 2020

Solution providers in accounts payable (AP) and accounts receivable (AR) are increasingly servicing not only their corporate customers, but their customers’ own business partners with their technologies. At what point in the workflow can I prevent an invoice from going past due in the first place?”. The AP Impact of Late AR.

Accounts Payable 56

Accounts Payable Invoicing Treasury Education 56

PYMNTS

OCTOBER 31, 2019

the ability to not only receive a check payment, but know what invoice that check is for), is a functionality with which many electronic payment solutions today continue to struggle. It enables payment information to travel with the payment so that the payment can be properly applied to the appropriate invoice,” he said. “In

Reconciliations 43

Reconciliations Invoicing B2B Treasury 43

PYMNTS

JULY 10, 2019

Lisa Lansdowne-Higgins, vice president of business deposits and treasury solutions at the Royal Bank of Canada (RBC), recently told PYMNTS that these three disruptors have a significant opportunity to shake up accounts payable processes thanks to the impact they have on data. Open Banking.

B2B 62

B2B Accounts Payable Mergers and Acquisitions (M&A) Reconciliations 62

PYMNTS

APRIL 28, 2016

ZipBooks, which provides small and medium-sized businesses with invoice financing tools and accounting software, is going mobile. The company announced on Wednesday (April 27) that its free iPhone app is now live, providing small business owners with a mobile version of that accounting and factoring service.

Invoicing 40

Invoicing Treasury B2B Finance 40

PYMNTS

JANUARY 26, 2017

The solution is called Finlync SAP-DL Integrator , and the idea, said Finlync in an interview with PYMNTS, is that the ERP system is the central home to critical data like purchase orders and invoices, business partner payment information and the like. That speed is something which, simply, is not possible today.” A Realistic Approach.

SAP 57

SAP Invoicing Reconciliations B2B 57

Strategic Treasurer

JANUARY 3, 2022

Host Craig Jeffery kicks off the 2022 Outlook series with a conversation with Jon Paquette, Senior Financial Solutions Expert at TIS (Treasury Intelligence Solutions), on the outlook of payments. They discuss technology developments that will likely have the biggest impact on treasury in 2022. Host: Craig Jeffery, Strategic Treasurer.

Treasury 52

Treasury Cash Flow Forecasting Forecasting Banking 52

PYMNTS

DECEMBER 31, 2020

JPMorgan: Real-Time Treasury A Key Driver Of Corporate’s Loyalty. 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.

Healthcare 115

Healthcare B2B Foreign Exchange Treasury 115

PYMNTS

NOVEMBER 15, 2019

Traditionally, the cost and administrative burden of card acceptance has kept the tool from gaining traction in accounts payable. But shifting priorities among buyers and suppliers have elevated the opportunity for cards to meet changing cash management needs. Bending the Card Rails.

B2B 53

B2B Accounts Payable Cash Management Reconciliations 53

Future CFO

DECEMBER 11, 2023

Suppliers can embed real-time payment instructions in customer communications to simplify invoice processing. Real-time payments also mean account balances stay up-to-date. UnionBank has introduced digital account opening , expanding its reach to people as they no longer need to go to physical branches to open an account.

Banking 98

Banking Finance CFO Leverage 98

PYMNTS

APRIL 1, 2016

Bank’s head of receivables solutions for treasury management. A tool that allows users to snap a picture of a paper check with their smartphone and deposit it into a bank account — without ever having to visit a bank branch — is becoming commonplace for consumers. The B2B payments space, on the other hand, not so much.

B2B 41

B2B Accounts Payable B2C Banking 41

Future CFO

FEBRUARY 10, 2021

We replaced our entire treasury system in five months remotely,” he described. Technology also helped International SOS implement an AI-enabled OCR solution during the pandemic and enabled digital invoicing from hospitals and clinics.

CFO 52

CFO Finance Auditing Treasury 52

Future CFO

JANUARY 21, 2021

As liquidity became a significant concern for organizations, the Treasury Department was asked to monitor inflows and outflows more closely. Co-hosed by Kyriba, the lively discussion highlighted a general shift toward the digital Treasury. One immediate challenge that the Treasury department faced was foreign exchange (FX) exposure.

Treasury 52

Treasury Foreign Exchange CFO Currencies 52

PYMNTS

JUNE 13, 2016

A recent survey by Bottomline Technologies and Strategic Treasurer found that corporate treasury officials aren’t prepared to safeguard their firms against a cyberattack, despite a quarter of those that said they had experienced such an attack reporting financial losses from the event.

Accounts Payable 41

Accounts Payable Corporate Finance Treasury Invoicing 41

PYMNTS

MARCH 6, 2019

One area where elimination of such processes can be of benefit is treasury management — specifically, reconciliation of transactions and liquidity management. Within that ambition, he said, “the only way to create real-time cash management or trading is to allow all parties to see the same pool of validated data.”.

Treasury 75

Treasury Auditing Foreign Exchange Pharmaceutical 75

Future CFO

MARCH 16, 2020

It looks at three fundamental aspects of any business – bookkeeping, invoice and payment, and payroll and HR – and how to go about digitising these. Register now for a free account! Accessing FutureCFO Premium Content. To access Premium content and more, please login below. Not a Premium member yet? Username or Email. Remember Me.

Invoicing 52

Invoicing Cash Management Accounting Treasury 52

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

MARCH 16, 2020

Register now for a free account! Click here to download this CardUp paper and discover how you can enjoy more predictable payments from your customers, without any you having to buy an expensive software solution or signing up for those cumbersome payment gateways. Accessing FutureCFO Premium Content. Not a Premium member yet? Remember Me.

Accounting 52

Accounting Cash Management Accounts Payable Treasury 52

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

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

Future CFO

FEBRUARY 9, 2020

Register now for a free account! Gianluca Pizzituti, ceo and co-founder of Velotrade, says SMBs are just one of three groups of companies and people who would prefer other alternatives to banks as sources of funds or investment opportunities. Accessing FutureCFO Premium Content. To access Premium content and more, please login below.

Finance 40

Finance Cash Management Invoicing Treasury 40

PYMNTS

FEBRUARY 6, 2020

The benefits of APIs for instant payments [are] huge,” said Charlotte Hausemer, vice president of innovation and product management for trade and treasury solutions at BNP Paribas. Faster payments allow firms to unlock improved invoicing terms and just-in-time stock management in addition to receiving their funds quickly.

B2B 64

B2B Treasury Banking eCommerce 64

PYMNTS

AUGUST 25, 2016

ING Wholesale Banking has announced a new solution aimed at corporate treasurers in need of managing cash across borders. Dubbed Virtual Cash Management (VCM), the solution, announced on Wednesday (Aug. Virtual bank accounts provide a streamlined way to manage treasury, the company added, through a single digital portal.

Treasury 40

Treasury Concentration Cash Management Reconciliations 40

Planful

JANUARY 3, 2017

Accounts payable. Accounts receivable and collections management. Fixed asset management. Treasury and cash management. General ledger accounting. In most organizations, the accounting/ERP system comes first. Here are some of the key processes supported by an ERP system: Purchasing.

General Ledger 40

General Ledger Budgeting Forecasting Cash Flow Forecasting 40

PYMNTS

MARCH 10, 2016

Nearly three-quarters of the companies surveyed by iGTB said that they experience a lack of integration of their treasury management or ERP systems with the banking solutions offered by their banks — a statistic Cantor deemed “outrageous.”. They’re not unsophisticated.” No “Human Touch” Necessary . Cantor added.

Banking 41

Banking Concentration Treasury Cash Management 41

Future CFO

JANUARY 30, 2021

However, as many will quickly learn, large enterprises often practice payment terms that can leave businesses hanging on to invoices they can’t really use to pay salaries or suppliers. Click here for a history of invoicing finance, including factoring and trade finance. Why a CFO should care about invoice factoring. What to do?

Invoicing 52

Invoicing CFO Finance Treasury 52

PYMNTS

MAY 23, 2016

100 million LinkedIn accounts may have been compromised , a statement from the popular professional networking social site said last week. 100% cash visibility is unattainable for corporate treasurers , found a new report by Kyriba. Greater visibility of risk exposure could help lessen the impact of late invoice payments.

B2B 40

B2B Invoicing Prioritization Credit Risk 40