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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. Large companies typically have subsidiary businesses that sell to each other. Source: Dimensional Research, BlackLine 2022.

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M&A, Open Banking Drive Commercial Card Innovation

PYMNTS

Payhawk is able to operate in unison with businesses’ existing bank accounts, however, thanks to Europe’s PSD2 and open banking regulations. Brex Goes on Acquisition Spree. This week, corporate card startup Brex announced the acquisition of three companies to strengthen its card offering.

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B2B FinTechs Diversify Funding Strategies With M&A, IPOs

PYMNTS

Further, this week’s B2B Venture Capital roundup finds VC funding isn’t the only investment strategy for B2B FinTechs, with (mergers and acquisitions) M&A activity seeking a spike, as well as some high-profile plans by industry players to go public. Cardlay, based in the U.K., Also in the U.K., Funding Xchange secured $10.3

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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. Cross-Border Headaches.

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Corporate Payments Growth Fuels FLEETCOR Q4 Earnings

PYMNTS

The healthcare and construction industries are among the strong points of FLEETCOR’s corporate payment operations, particularly with 2018 being the first full year with Cambridge Global Payments under the FLEETCOR belt after closing the acquisition in 2017 — a business that showed a “rocking” performance in 2018, said Clarke.

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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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