PYMNTS

DECEMBER 7, 2020

This week's B2B Digest looks at how corporate finance scams come in all shapes and sizes, from employee expense fraud to invoice falsification. It could really damage the economics of a city," said co-author Eric Holzman, assistant professor of accounting at Ohio State.

Invoicing 91

Invoicing Construction Corporate Finance B2B 91

PYMNTS

AUGUST 8, 2019

The competition is heating up between payment technologies in accounts payable, with ACH and virtual cards seeing significant pushes in the B2B payments space to combat the dreaded paper check. Which will come out on top? There are a lot of treasury management issues out there that need to be addressed,” he told PYMNTS in a recent interview.

Accounts Payable 57

Accounts Payable Accounting B2B Reconciliations 57

PYMNTS

SEPTEMBER 28, 2020

This week's B2B Data Digest looks at the latest figures behind such fraud targeting corporate finance teams. million was stolen from one company via accounts payable (AP) fraud , the Chicago Tribune reported. Morgan Chase bank account that he created and maintained for TNC.". Barrenechea in a statement.

Accounts Payable 96

Accounts Payable Invoicing Treasury B2B 96

PYMNTS

SEPTEMBER 29, 2020

As a provider of back-office financial technology, it's vital to speak with chief finance officer (CFO) and finance executive end-users about what they need and which friction points are giving them the most pain. Finance teams have mountains of manual tasks to complete every day.

Cash Flow Forecasting 59

Cash Flow Forecasting Accounts Payable Invoicing Corporate Finance 59

PYMNTS

MARCH 4, 2020

The enterprise resource planning ( ERP ) system has been a staple of corporate finance operations for years, acting as a central repository of data and a hub to initiate a range of processes, from accounting to procurement. But the ERP of today doesn’t look like it used to.

Cash Flow Forecasting 104

Cash Flow Forecasting Accounts Payable General Ledger Corporate Finance 104

PYMNTS

FEBRUARY 7, 2019

A press release revealed that the company will make its automated accounts payable (AP) solution available to U.K. ” The launch comes as AP automation grows increasingly in-demand among corporate finance professionals. .’s Procure-to-pay software company Yooz plans to expand into the U.K.,

Accounts Payable 49

Accounts Payable Marketing Invoicing Reconciliations 49

PYMNTS

NOVEMBER 1, 2017

Key areas of corporate finance continue to lag in digital transformation, the report found. But invoice management is furthest behind, researchers said, with 66 percent of data received from supplier invoices manually entered into company systems. The Worst Offender.

Finance 54

Finance Invoicing Accounts Payable Corporate Finance 54

Bramasol

OCTOBER 31, 2023

Here again, working with experienced QTC and RevRec specialists who understand both the business/accounting issues and the technical capabilities can help companies chart a forward path that delivers in both the near term and over the long run.

SAP 65

SAP IFRS Compliance Construction 65

PYMNTS

NOVEMBER 16, 2018

By its very nature, accounts payable (AP) is a cost center: It’s where money leaves the enterprise, after all. At the highest levels, accounts payable has the opportunity to even add money to businesses, too. “It’s about having a strong business case internally.”

Accounts Payable 63

Accounts Payable Invoicing Accounting Corporate Finance 63

PYMNTS

AUGUST 16, 2019

With more than $200 million in venture capital funding landing with B2B FinTechs this week, investors had their eyes set on a variety of pain points in corporate finance. Small business finserv was a popular target this week, with startups securing funding for their SMB banking, lending and accounting tools. ScaleFactor.

B2B 71

B2B Invoicing Startups Corporate Finance 71

PYMNTS

JANUARY 2, 2020

Several high-profile corporate collapses and initiatives from corporate accounting standard-setters have raised questions about businesses’ use of supply chain finance and whether the trade finance tool prevents investors and auditors from gaining a transparent view into company finances. billion in debts.

Auditing 52

Auditing Corporate Finance Finance Invoicing 52

Bramasol

OCTOBER 31, 2023

Here again, working with experienced QTC and RevRec specialists who understand both the business/accounting issues and the technical capabilities can help companies chart a forward path that delivers in both the near term and over the long run.

SAP 52

SAP IFRS Compliance Construction 52

PYMNTS

OCTOBER 7, 2019

Fraud never sleeps, and the corporate finance department cannot afford to stay behind on the ever-changing strategies of fraudsters. P-cards were used to settle those fraudulent invoices, the allegations say, and the money went to those managers and the third-party vendor.

B2B 62

B2B Invoicing Corporate Finance Transportation 62

PYMNTS

MARCH 23, 2016

Accounts payable solution Anybill is getting closer to existing partner Intacct in an effort to streamline the flow of financial data between the two platforms. The companies said data that can be transferred includes information on payments, invoices and digital files, like check images.

Accounts Payable 40

Accounts Payable Accounting Invoicing Financial Systems 40

Accountancy Today

APRIL 12, 2023

The Institute of Financial Accountants (IFA) has announced a new partnership to provide capital support for SMEs. The professional accountancy membership body has partnered with White Oak, one of the largest FCA regulated non-bank lenders in the UK.

Finance 52

Finance Invoicing Accounting Leverage 52

PYMNTS

APRIL 10, 2019

B2B payments company PayStand is turning its attention to the accounts receivable (AR) side of business transactions with a new solution announced today (April 10). One of the largest points of friction in accounts receivable is the receipt of paper checks. ” .

Invoicing 40

Invoicing B2B Corporate Finance Communication 40

PYMNTS

FEBRUARY 7, 2018

Artificial intelligence (AI) is finding success in the back office, and that includes in financial systems and accounting departments. payment service provider with a strong presence in the public sector, recently announced a partnership with collectAI to deploy artificial intelligence in corporates’ AR departments. Pay360 , a U.K.

Invoicing 43

Invoicing Corporate Finance Communication Accounts Payable 43

PYMNTS

SEPTEMBER 23, 2019

While FinTechs are offering a greater variety of solutions to business users than ever before, corporate finance chiefs and treasurers still turn to their banks first to improve their B2B payments strategies. As businesses continue this shift, it is no longer safe to assume that corporates are not interested in faster payments.

B2B 49

B2B Banking Accounts Payable Corporate Finance 49

PYMNTS

APRIL 22, 2016

Plaid’s bank account authentication and data services are coming in handy to more corporate finance players. On Thursday (April 21), the company announced a new partnership with Jet Business Loans, an online corporate FinServ player.

Banking 40

Banking Accounts Payable Corporate Finance Invoicing 40

PYMNTS

JUNE 22, 2020

Though there is no evidence of any accounting fraud, the company warned late last week that it is possible the firm may have become the victim of “fraud of considerable proportions,” adding that there is indeed evidence of “spurious balance confirmations,” according to Reuters. ” $1.4 ” $1.4

Accounts Payable 79

Accounts Payable Invoicing B2B Accounting 79

PYMNTS

DECEMBER 10, 2018

percent equity interest in Hangzhou Zeshi Investment Partners, which will enable China Lending to launch its new supply chain financing services in the near future, including financing products design, related corporate financing solutions, investments and asset management, and more. trillion in 2017.

B2B 60

B2B Accounts Payable Corporate Finance Finance 60

PYMNTS

DECEMBER 29, 2016

Some B2B payments players have predicted that, on the accounts payable side of the transaction, higher interest rates will lead companies to extend their payment terms and to seek out AP technologies that offer integrated supplier financing solutions to help with that cash flow crunch on the supplier side.

Accounts Payable 49

Accounts Payable B2B Invoicing Corporate Finance 49

PYMNTS

MAY 1, 2019

The company announced its AI-Based Cash Forecasting Cloud solution in a press release Tuesday (April 30), saying the new solution will provide corporate treasurers with real-time forecasting functionality without the need for manual data integration.

Forecasting 40

Forecasting Cash Flow Forecasting Treasury Accounts Payable 40

PYMNTS

FEBRUARY 13, 2019

In the accounting space, that means integrations with enterprise resource planning (ERP), accounts receivable, accounts payable, procurement, banking and other portals. To illustrate the point, Love offered the example of one Codence client that uses a time-logging solution, which had to be integrated with an invoice module.

Finance 75

Finance General Ledger Math Accounts Payable 75

PYMNTS

SEPTEMBER 17, 2020

That's particularly true for finance teams like accounts payable , accounting or payroll. Take the electronic invoice, for example. Just because a supplier emails a PDF invoice, rather than mails a physical one, doesn't mean that the buyer can automatically ingest that document.

Accounts Payable 63

Accounts Payable Compliance Invoicing Finance 63

PYMNTS

JULY 17, 2019

B2B payments and accounts receivable solution provider Optal is collaborating with Lloyds Bank , the companies announced Tuesday (July 16). Last year Optal released research based on a survey of more than 100 corporate finance executives in the U.K.

B2B 40

B2B Corporate Finance Invoicing Banking 40

PYMNTS

MAY 12, 2016

What’s next for enterprise mobility could be anyone’s guess, but some analysts have made their prediction: accounts payable. Document processing and automation firm Esker gathered the latest research from the Institute of Finance and Management (IOFM) to check in on whether mobile devices are gaining traction among AP professionals — and how.

Accounts Payable 40

Accounts Payable Invoicing Accounting Auditing 40

PYMNTS

SEPTEMBER 20, 2018

Much of that innovation has been focused on corporate finance and payments, as top financial services players have introduced new blockchain solutions in an effort to disrupt and improve corporate payments. in blockchain development efforts.

Corporate Finance 75

Corporate Finance eCommerce Healthcare Finance 75

PYMNTS

JANUARY 9, 2017

According to Laura McGowan, director of services marketing at Ricoh Canada, the company has had to pivot its outlook on paper as companies digitize processes like invoicing and accounts receivable. “It’s The cost-savings benefits of digitizing areas like invoicing have been shouted from the rooftops — but with limited success.

B2B 45

B2B Invoicing Corporate Finance Accounting 45

PYMNTS

MARCH 8, 2019

Nationwide’s participation in the firm’s Series B investment round gives the building society a minority stake in the firm, and will enable the companies to collaborate on developing a digital business banking platform as Nationwide gears up to launch its business current account services later this year. Betterworks.

B2B 72

B2B Banking Startups Investments 72

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. Below, PYMNTS breaks down the more than $912 million raised by B2B FinTech firms this week.

Accounts Payable 77

Accounts Payable Foreign Exchange Currencies Startups 77

PYMNTS

OCTOBER 5, 2017

In corporate finance, automation changed the game. Accountants and other financial professionals once tasked with manual processes and number-crunching were freed up to focus on more strategic initiatives. Robotics process automation (RPA) is a recent favorite among some B2B FinTechs.

B2B 43

B2B Corporate Finance Accounting Auditing 43

PYMNTS

SEPTEMBER 9, 2019

In March, the company announced the launch of its Collection Agency Data Exchange (CADE) tool, allowing accounts receivable teams to streamline data sharing with collection agencies, including accounts and invoice information.

Banking 43

Banking Invoicing Compliance Accounting 43

PYMNTS

MARCH 7, 2019

Wirex , which providers consumers with an account to store both fiat and cryptocurrency, recently stepped into the corporate finance space with the launch of its business account. Co-Founder Dmitry Lazarichev explained to PYMNTS why the company remains confident in cryptocurrency’s potential for corporate payments.

B2B 67

B2B Currencies Corporate Finance Finance 67

PYMNTS

JUNE 14, 2017

Tax and accounting compliance can be an overwhelmingly monumental task as companies expand their geographic footprint. Through a 70-question survey, TMF Group asked the accounting and tax professionals to assess their local regulatory climates.

Compliance 58

Compliance Marketing Currencies Auditing 58

PYMNTS

MARCH 24, 2017

Investors diversified their funding to B2B companies this week, hitting several areas of corporate finance including accounts payable, accounts receivable, payroll and supply chain management. AP Automation. The company announced $4 million in funding this week led by Eileses Capital.

B2B 43

B2B Accounts Payable Corporate Finance Accounting 43

PYMNTS

SEPTEMBER 7, 2018

When the company first launched, it began by working with factoring companies, helping them underwrite financing based on projected income from borrowers’ accounts receivable data. Portal Finance told reporters it is on track to become profitable by the end of November.

Finance 46

Finance B2B Startups Corporate Finance 46