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PodChats for FutureCFO: Why intercompany accounting is crucial for post-merger success

Future CFO

According to Victor Ng , regional vice president for Asia, BlackLine , intercompany accounting involves the recording of financial transactions between different legal entities within the same private company. Automation in M&A. Large companies typically have subsidiary businesses that sell to each other.

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Today In B2B: FLEETCOR's $1B M&A Plans; Statrys Lands Funding For SMB FinTech

PYMNTS

Today in B2B Payments, commercial payments technology firm FLEETCOR reveals $1 billion plans for M&A activity. FLEETCOR Looks To Invest $1B Despite Pandemic M&A Slowdown. FLEETCOR is looking to invest $1 billion this year, despite an M&A slowdown in the payments sector due to the ongoing pandemic. 3) announcement.

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How Multi-Entity SMBs Can Navigate A World Of Billing Complexity

PYMNTS

Whether that means establishing subsidiaries abroad, acquiring customers in new geographic markets, or stepping into a new space via mergers and acquisitions (M&A), even small companies are often global ones. This used to be a big-company problem, back in the day," he told PYMNTS in an interview. It can be nightmarish.".

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Fleetcor Beats The Street In Q3, Launches McDonald’s Contactless Payments Collab

PYMNTS

During the firm’s earnings call, Clarke pointed to initiatives across Fleetcor’s four core business units — fuel, corporate payments, tolls and lodging — via collaborations, mergers and acquisitions (M&A) to drive incremental growth in each area. Total revenues were up 7 percent year over year to $619.6

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Fed Chairman Concerned Over Shrinking Bank Market

PYMNTS

Earlier this month, the Federal Reserve released new data that found the average merger review time for deals in the banking sector declined to 3.8 The average merger review time at the Office of the Comptroller of the Currency (OCC) declined between 2016 and 2018, too, reports in The Wall Street Journal said.

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Today In Payments: ECB Outlines Use Cases For Digital Euro; Goldman To Pay $2.5B For GM’s Credit Card Business

PYMNTS

The purchase furthers Goldman's push into Main Street lending and gives Goldman access to over one million cardholders, who account for roughly $8.5 Why The Pandemic Is a ‘Black Swan’ That Will Spur Payments M&A. The pandemic has spawned mergers and acquisitions, and even an IPO boom within the tech and FinTech spaces.

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Canada’s Path Toward B2B Payables Modernization

PYMNTS

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.

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