Future CFO

MARCH 29, 2021

Prior to 2020, we heard discussions about the importance of automation to the finance function. FutureCFO spoke to Marcus Rex, managing director for Asia-Pacific, xSuite, for his perspective on how finance automation in general, and accounts payable in particularly, can help transform finance into a profit centre.

Accounts Payable 52

Accounts Payable Accounting SAP Invoicing 52

Future CFO

FEBRUARY 11, 2024

The accounts payable (AP) department goes beyond just ensuring that all bills and invoices are cleared on time. Choosing the right accounts payable (AP) system can feel overwhelming. This SAP Concur eBook highlights eight questions that you should ask about your organisation’s AP system.

Accounts Payable 52

Accounts Payable SAP Invoicing Accounting 52

Navigator SAP

FEBRUARY 17, 2022

There are many benefits of cloud ERP systems such as SAP ByDesign, as they are designed with easy-to-use dashboards akin to those consumers use online in their everyday lives. Sales data related to customer visits, expenses, shipping, invoicing, forecasting, and competitor analysis are all available in one place.

SAP 130

SAP Invoicing Manufacturing Compliance 130

Bramasol

OCTOBER 31, 2023

Since our decision a decade ago to focus on becoming the leading partner for delivering SAP revenue recognition solutions , Bramasol has established a reputation as the most trusted RevRec specialist across many industry segments. As shown below, these factors can have significant impact on design of the end-to-end processes.

SAP 65

SAP IFRS Compliance Construction 65

PYMNTS

JANUARY 25, 2019

This week, Barclays and Santander InnoVentures demonstrated traditional banks’ interest in alternative finance when they led a nearly $34 million equity fundraise for invoice financing platform MarketInvoice. In the accounts receivable space, U.S.-based The company recently announced $3.2

Invoicing 76

Invoicing Finance SAP B2B 76

Bramasol

OCTOBER 31, 2023

Since our decision a decade ago to focus on becoming the leading partner for delivering SAP revenue recognition solutions , Bramasol has established a reputation as the most trusted RevRec specialist across many industry segments. As shown below, these factors can have significant impact on design of the end-to-end processes.

SAP 52

SAP IFRS Compliance Construction 52

Bramasol

FEBRUARY 13, 2023

Accounting and finance processes as businesses look to automate and streamline their financial operations. Long-term contracts: With many SaaS customers committing to long-term contracts that include usage, entitlements and other rights, it can be difficult to track and support actual consumption while assuring accounting compliance.

SAP 77

SAP Compliance Leverage Accounting Standards 77

The Finance Weekly

JANUARY 21, 2024

When you’re making small-talk with someone who isn’t in finance or accounting about how work is going, and they answer with “busy,” do you ever question how hard it really is? spoke to 20 finance teams for research on this article. spoke to 20 finance teams for research on this article. These processes vary.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Finance Data Analysis Financial Modeling 40

PYMNTS

AUGUST 12, 2020

Palette Software unveiled accounts payable (AP) automation technology that is designed for firms in the construction and engineering industries and run on the cloud, according to an announcement. Finance administrators and project managers both benefit from automation of the accounts payable process.

Construction 69

Construction General Ledger (GL) Accounts Payable General Ledger 69

PYMNTS

MARCH 18, 2020

In a recent conversation with PYMNTS, Bectran Business Development and Implementation Manager Dominic Biegel reflected on the deepening relationship between an organization’s accounts receivable (AR) operations and its clients’ accounts payable processes. Goldman Joins SAP Ariba Network.

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B2B Accounts Payable SAP Invoicing 67

PYMNTS

SEPTEMBER 25, 2019

Accounts payable automation firm AvidXchange is deepening its integration into NetSuite by adding new features to its AvidXchange for NetSuite (AFN) SuiteApp. Automated payments streamline finance operations by increasing efficiency across the entire organization.”. These challenges only grow as organizations an payment volumes scale.

Accounts Payable 55

Accounts Payable SAP Invoicing Accounting 55

PYMNTS

JULY 30, 2020

In an effort to help companies reduce their accounts payable (AP) expenses, Zycus has rolled out artificial intelligence (AI)-powered bots for the last part of the procurement process, according to an announcement. Those who work in finance or accounting roles can use the RegalPay technology directly from their workstations.

Accounts Payable 60

Accounts Payable SAP Invoicing Construction 60

Future CFO

JANUARY 18, 2023

The Ready, Reset, Grow survey by the Economist Group reveals that nearly nine in ten executives say finding new ways to increase spend and flexibility in the management of travel, expense, and invoice is critical for their organisations to stay profitable and continue to grow.

SAP 52

SAP Invoicing Compliance Investments 52

Future CFO

JULY 28, 2020

The SAP Concur 2020 survey, Finance in the New World of Work , revealed gaps in organisations’ expense management, business travel, and remote work processes. Andy Watson, senior vice president and general manager, Asia Pacific Japan and Greater China, SAP Concur. still run manual finance and administrative processes.

SAP 52

SAP Finance Compliance Economics 52

PYMNTS

JANUARY 26, 2017

Cross-border payments, trade finance, smart contracts — blockchain has the potential to disrupt B2B processes, but FinTech players are only beginning to take these concepts onto a real-world stage. They see their invoice data as a financial instrument and want real-time visibility on this. A Realistic Approach.

SAP 57

SAP Invoicing Reconciliations B2B 57

PYMNTS

MARCH 21, 2019

For many companies, the accounts payable (AP) process is mired in paper, but technology, properly deployed, can cut down the paper chase, streamlining the journey between getting invoices and paying them. Typically, the AP department will struggle to just pay on time or reasonably late,” he told PYMNTS.

Accounts Payable 48

Accounts Payable Invoicing Compliance SAP 48

PYMNTS

AUGUST 5, 2020

In the last decade, automation technology has closed the gap between booking a business trip and filing an expense report for reimbursement, significantly easing friction for both employees and finance teams. Merging Expenses With Procurement. . Singh pointed to one client that experienced a period of rapid growth.

SAP 79

SAP Concentration Entertainment Invoicing 79

PYMNTS

NOVEMBER 15, 2017

Patent and Trademark Office, shows Mastercard ’s plans to deploy distributed ledger technology to develop a platform on which credit card transactions can be completed in real-time, rather than through the current system, in which payees have to wait several days before those transactions are verified and land in their accounts.

SAP 52

SAP Finance Technology Treasury 52

PYMNTS

OCTOBER 2, 2017

Mainly, large enterprises that weren’t ready to implement cloud-based ERP systems instead decided to have top providers like Oracle and SAP develop customized, on-premise solutions. Within the finance and accounting world, there seemed to be general resistance to the cloud, mainly circulated around security,” he said.

SAP 43

SAP Financial Data Finance Accounting 43

PYMNTS

MARCH 16, 2018

Frequently, there are intermediaries involved with financing. And then there’s always the paper trail, which bedevils any number of activities – chasing down invoices remains only a glaring, and tedious, example. To that end, bBiller seeks to take out the “middlemen” of supply chain activity tied to finance and accounting.

Invoicing 49

Invoicing SAP Manufacturing Construction 49

PYMNTS

OCTOBER 10, 2016

Just look at SAP Ariba , which integrated PrimeRevenue’s supply chain financing into its spend management platform, or Reckon , a small business accounting platform that recently rolled out an SME lending feature thanks to Prospa. “It’s a very expensive form of financing,” Grant added. .”

Cash Management 76

Cash Management SAP Finance Invoicing 76

PYMNTS

APRIL 12, 2016

Suppliers look to various financing solutions to fill in their cash flow gaps, but a lack of credit history often means expensive loans. It’s a vicious cycle and one that makes today’s global supply chain plagued, argue SAP Ariba and PrimeRevenue. Enter: supply chain financing. Why Buyers Will Go Along.

SAP 41

SAP Finance Invoicing B2B 41

PYMNTS

FEBRUARY 18, 2019

The software is provided by SAP , and allows for the digitization of supplier invoices and payments. The Sydney Morning Herald reported that Minister for Small and Family Business Michaelia Cash said that, under the initiative, companies with turnover of at least $100 million will have to publish how long it takes to pay invoices.

SAP 49

SAP Benchmarking Invoicing Finance 49

PYMNTS

MAY 11, 2018

The potential cannot be ignored, however – particularly in the finance department, where information from accounts payable, accounts receivable, treasury and accounting hold the keys to insight into cash flow, predictable payment behavior and new opportunities to boost the bottom line. ”

Accounts Payable 40

Accounts Payable Treasury SAP Forecasting 40

Future CFO

APRIL 7, 2022

In one FutureCFO workshop of finance leaders, despite two-thirds using some of the most advanced ERP tools in the market, nearly all concede the use of spreadsheets as part of work. Forty-three years on, spreadsheets are still a staple of finance functions for companies big and small. Albert Leong.

Finance 98

Finance SAP Leadership Cash Management 98

Bramasol

JANUARY 18, 2024

For example, SAP's Order-to-Cash portfolio, formerly known as BRIM, offers a suite of applications, including Subscription Order Management, Subscription Billing, Convergent Charging, Convergent Mediation, and Convergent Invoicing, along with SAP Revenue Accounting & Reporting (RAR) for revenue compliance.

Compliance 74

Compliance SAP General Ledger B2C 74

Bramasol

APRIL 26, 2023

And on the back-end the company needs to integrate with revenue management and compliance reporting processes that properly account for various revenue streams. The following sections briefly describe how the applications within SAP Quote-to-Cash can be leveraged in various combinations to address different use case implementation scenarios.

SAP 86

SAP Corporate Finance Compliance Invoicing 86

Future CFO

AUGUST 18, 2023

In the finance function, basic accounting processes like accounts payable, payroll and purchasing are often allocated under the shared services model. This allows the organisation’s core finance and accounting (F&A) operations to concentrate on more strategic work, such as financial analysis and planning.

Finance 52

Finance Communication Accounts Payable Invoicing 52

Future CFO

MARCH 27, 2023

To curb rogue spending, businesses need to rethink how the accounts payable (AP) process can be improved. Automating the AP process, for instance, can help untangle some of the difficulties that finance teams face now when identifying and uncovering rogue spending.

Accounts Payable 52

Accounts Payable Accounting Invoicing Compliance 52

PYMNTS

JANUARY 15, 2021

Today in B2B payments, HSBC launches cash flow management tool, and TD Bank acquires equipment finance operations from Wells Fargo. Plus, AspireHR links with SAP Concur, EedenBull teams with NAB and NTT DATA links with Conferma Pay. AspireHR Teams With SAP Concur For T&E, Invoice Management. 14) announcement.

B2B 55

B2B SAP Finance Cash Flow Forecasting 55

Future CFO

MAY 16, 2022

Finance plays an essential role in a company’s overall business transformation as it goes deeper into digitisation to improve operational efficiencies and customer engagement. All these touchpoints demand core finance processes. “We I think finance is in the best position to drive changes,” Lee said. Richard McLean. “If

Finance 52

Finance SAP Problem Solving CFO 52

Bramasol

JULY 14, 2022

SAP is at the forefront in providing Data Fabric solutions with advanced data and analytics capabilities in the SAP Business Technology Platform (BTP) , SAP Data Intelligence Cloud , and S/4HANA Cloud environments. For more information on data management, integration and migration, check out these resources: SAP Analytics Cloud.

SAP 78

SAP Compliance Leadership Healthcare 78

Bramasol

DECEMBER 13, 2021

From Bramasol's perspective as a leading SAP partner creating business management, finance, and compliance solutions for over 25 years, here are five major areas that we are watching closely and helping our clients prepare to deal with in the coming year - and beyond.

SAP 52

SAP Compliance Profit and Loss IFRS 52

PYMNTS

JULY 16, 2020

Commercial card innovation continues to make big waves in the accounts payable (AP) department, as corporates and card issuers alike explore new ways to drive business spend on cards beyond business trips or ad-hoc purchases. This wasn’t the only initiative in the B2B payments space that American Express has announced this month.

Accounts Payable 64

Accounts Payable SAP B2B Invoicing 64

CFO Thought Leader

SEPTEMBER 12, 2023

P&G had hundreds of disparate setups that we had to bring into one system globally,” explains Coulter, recalling the effort behind the information systems upgrade with SAP software that many at the time (the year 2000) deemed to be a historic milestone not only for the packaged goods company but also for industry at large.

Leadership 52

Leadership CFO SAP Budgeting 52

Future CFO

FEBRUARY 27, 2022

The Hackett Group says, “ERPs are not optimized for all the complex activities occurring today, such as matching printed or electronic invoices with supplier master data, purchase orders, shipping, tax and discount data.”. Despite this, however, it cannot do everything. DOWNLOAD NOW.

SAP 52

SAP Accounts Payable Invoicing Accounting 52

Bramasol

DECEMBER 14, 2023

This can be seen clearly in the increased adoption of SAP Cloud-based S/4HANA over recent years. As of the third quarter of 2023, SAP SE reported cloud revenue was up by 23% at constant currencies, driven mainly by the growth of SAP's combined SaaS and PaaS portfolio. SAP operates 57 data centers at 32 locations in 15 countries.

Technology 88

Technology SAP IFRS Compliance 88