Accounts payable: Why CFOs should pay attention
CFO Dive
APRIL 18, 2022
Over one-third of your invoices have errors, and costs to process these may be up to ten times greater than a "clean" invoice.
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CFO Dive
APRIL 18, 2022
Over one-third of your invoices have errors, and costs to process these may be up to ten times greater than a "clean" invoice.
CFO Dive
JANUARY 18, 2023
Unpaid invoices take a nasty bite out of cash flow. Dean Kaplan writes that taking time early on to evaluate receivables and stratify accounts for fast attention will pay off.
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CFO Dive
MAY 26, 2023
Leveraging intelligent automation to process invoices can help, Steven Cronin writes. CFOs are under growing pressure to drive efficiencies at zero cost.
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Navigator SAP
MARCH 18, 2024
In this video demonstration, we'll show you the difference between the traditional, manual way of processing invoices in SAP and the power of automating this process using SAP Business Technology Platform (BTP). Get ready to see how SAP AP Automation can transform your Accounts Payable department, boosting efficiency and accuracy!
Speaker: Danny Gassaway and Wayne Richards
Join Wayne Richards and Danny Gassaway for a practical guide on bringing accounts payable (AP) automation to your organization. 💡 Streamline the Purchase-to-Pay Process: Learn how automation simplifies approvals, invoice management, and payment processing. So, how do you make the case for automation within your organization?
CFO Dive
JULY 26, 2023
Fraud and missing information are some of the culprits behind prompt processing of invoice payments, Versapay CFO Russell Lester said.
The Finance Weekly
DECEMBER 1, 2024
Let’s talk about something every business owner and accountant deals with— account reconciliation. If you’ve ever wondered what account reconciliation is all about or how to do it effectively, this guide has got you covered. What Is Account Reconciliation? Bank Reconciliation This is the most common type.
Trade Credit & Liquidity Management
MAY 29, 2025
With over 100 countries mandating its use, e-invoicing has transformed billing practices worldwide. Initially seen as a simple cost-saving measure, such as emailing PDF invoices, e-invoicing has evolved into a sophisticated system requiring structured data formats and strict tax compliance.
PYMNTS
DECEMBER 13, 2020
Paymerang , which works in accounts payable (AP) automation, has debuted its new Invoice Automation Solution, which a press release stated will help organizations with efficiency, accuracy, visibility and getting rid of manual paper processes. He added that it also helps companies go paperless via electronic processing and archiving.
PYMNTS
AUGUST 24, 2020
In a case that highlights how anybody — truly, anybody — can be a victim of invoice fraud, federal officials have reportedly charged two brothers in New York State for an alleged $19 million scam targeting Amazon. Fitzhugh warned, "Invoice fraud is not a victimless crime. Canada and the world over. It's quite a problem.".
The Finance Weekly
MARCH 17, 2025
Accounts receivable is the money customers owe for goods or services bought on credit. It allows businesses to track unpaid invoices and ensure they get paid.Payments could be delayed or lost without a proper system, leading to financial trouble. Businesses need cash to keep running, but not every sale brings in immediate payment.
Future CFO
FEBRUARY 2, 2025
E-invoicing mandate and ESG compliance add further complexity dimensions to the priorities and challenges faced by the Office of the CFO. E-invoicing mandate and ESG Reporting add further complexity dimensions to the priorities and challenges faced by the Office of the CFO.
CFO Talks
OCTOBER 31, 2024
Late payments or unpaid invoices can seriously impact cash flow, making it harder to cover essential expenses like paying employees, suppliers, or rent. Regularly Monitor Your Accounts Receivable Keeping an eye on your accounts receivable is essential for catching potential problems early.
PYMNTS
JULY 27, 2020
Although there are countless ways a cybercriminal can swindle funds from a company — either from the outside or within — it’s often the invoice at the center of the crime. This week’s Data Digest looks at the latest in B2B payments fraud and the invoice’s role in supplier payment redirect scams, credential theft and more.
PYMNTS
JANUARY 25, 2021
To help customers handle their accounts receivable (AR) while conserving time and financial resources, pre-accounting technology company Expensify unveiled a bolstered invoicing feature. Unlike accounting, pre-accounting is less defined in terms of who is responsible, so it often falls victim to a tragedy of the commons.
PYMNTS
MARCH 10, 2020
Joust, a banking app in Austin, has announced it will pay users on their unpaid SXSW invoices to help them deal with the cancellation of the huge yearly festival, according to a release. ” Joust will use its invoice factoring tool, PayArmour, to fund the invoices.
https://trustedcfosolutions.com/feed/
MARCH 22, 2023
Are you tired of the countless hours spent managing your accounts payable (AP)? Do you want to streamline your accounting process to save the time and money spent on manual tasks on Quickbooks? With a growing business, it’s easy to outgrow the accounting systems you’ve relied on since the conception of your company.
PYMNTS
NOVEMBER 25, 2020
Companies long-used to sending and receiving paper invoices and checks are finding that digital methods can deliver funds and billing information at a far faster clip. This could mean adopting new accounts payable (AP), accounts receivable (AR) and other treasury strategies and technologies, for example.
PYMNTS
SEPTEMBER 29, 2020
The pain points that accounts receivable (AR) teams most commonly experience can be boiled down to three underlying and related problems: continued reliance on manual AR management practices, and the resulting lack of speed and high operating costs associated with managing receivables. Reliance on manual processes has far-reaching effects.
CFO Talks
OCTOBER 23, 2024
Accountability in Finance Teams, Methods and Benefits Accountability is a big deal in any business, but for finance teams, it’s especially important. Methods for Building Accountability Clear Roles and Responsibilities The first step to accountability is making sure everyone knows what they’re supposed to do.
CFO Simplified
JULY 24, 2022
How Does a Fractional CFO Work with a Remote Accounting Team? But even with all of those changes, the accounting function has remained essentially the same. So, in a remote environment, which we’re all used to by now, how does a fractional CFO work with a remote accounting team? Managing a Remote Accounting Team.
Bramasol
MAY 23, 2024
Previous episodes in this Insights Series have explored the challenges created by new Digital Solutions Economy paradigms for billing, fulfillment, invoicing, revenue accounting, and compliance across a wide range of industries. Also, monitoring renewals and upgrades is key to forecast future sales.
PYMNTS
AUGUST 9, 2020
Due to the SAP Ariba Network, suppliers have access to better visibility for invoices and orders, with the ability to self-manage account information, submit invoices electronically and receive new purchase orders. Strides have been made lately toward eliminating late invoice payments, PYMNTS reported.
Future CFO
APRIL 28, 2025
He highlights automation as a vital enabler, elaborating that automating accounts receivable processes helps businesses reduce manual tasks, minimise errors, and accelerate payment cycles. Regional payment practices and invoice processing challenges Asia's diversity in payment culture and regulatory frameworks presents unique challenges.
PYMNTS
JANUARY 13, 2021
The paper check, the paper invoice, slow accounts receivable (AR) processes and collecting on aging receivables can be difficult for even the most seasoned AR professionals. Shields noted that accurately predicting anticipated invoice payment dates can have ripple effects throughout an organization. “No The problems are analog.
CFO Simplified
NOVEMBER 12, 2024
They needed an interim Controller to put their accounting team back on track. The accounting manager left three months ago to work for a company with younger people. The accounting manager left three months ago to work for a company with younger people. Their AR and AP accounting staff had been replaced twice in the past year.
CFO Plans
OCTOBER 29, 2024
This article explores effective strategies for accounts receivable and payable management, offering actionable insights to enhance financial stability and promote growth. Improving Liquidity through Accounts Receivable Efficiency Optimizing accounts receivable efficiency is crucial for improving liquidity.
Trade Credit & Liquidity Management
MAY 29, 2025
From a Press Release dated March 25, 2025, London, England Chaser , a global accounts receivable automation solution provider, has announced a new integration with Odoo , a popular business management software platform. This ensures accurate, timely follow-ups and reduces manual administrative work.
PYMNTS
NOVEMBER 25, 2020
In an effort to assist small business owners in Britian on a greater scale, small business accounting software company FreshBooks has teamed with Barclays to offer joint offerings to customers in the country. In September, the company said it bought Mexico-based digital invoicing company Facturama. 25) announcement.
CFO Thought Leader
MAY 21, 2025
Read More Whelan explains that the platform automate(s) the key back office tasks like invoice processing, inventory and recipe costing by pulling data directly from pointofsale systems and scanned invoices. Because invoices flow automatically into the accounting system, managers no longer spend evenings entering data.
CFO Talks
DECEMBER 3, 2024
Tools like cloud accounting systems, AI-driven financial analysis, and automated reporting not only reduce costs but also improve efficiency and accuracy. For instance, using automated invoicing software could save hours of manual work, enabling your team to focus on higher-value tasks like analysing trends or forecasting.
PYMNTS
FEBRUARY 1, 2021
From commercial card misuse to invoice fraud, internal employees can be the bad actors, too. 40 legitimate email accounts of company executives have been compromised in a phishing campaign targeting businesses , according to Gov Info Security reports. The former NAB employee was found guilty and sentenced to eight years in prison.
PYMNTS
DECEMBER 28, 2020
Nacha is issuing a warning to accounts payable professionals with regards to the rising threat of fraud. But accounts payable is far from the only back-office financial workflow at risk of fraud. The DOJ accuses the individual of fraudulently invoicing more than $1.5 Department of Justice revealed. million in customs costs.
CFO Thought Leader
OCTOBER 29, 2024
Gronen: Yooz is an AP (accounts payable) automation and payments company. Right now, many companies receive invoices in paper envelopes. They open the envelope, scan the invoice, manually input the data, and attach the invoice to the system. Automation shortens this process to just a minute or two.
CFO Simplified
NOVEMBER 12, 2024
They needed an interim Controller to put their accounting team back on track. The accounting manager left three months ago to work for a company with younger people. The accounting manager left three months ago to work for a company with younger people. Their AR and AP accounting staff had been replaced twice in the past year.
Future CFO
MARCH 14, 2024
Talent shortage among accounting staff continues to persist in many parts of the world including Southeast Asia, with the issue being most felt by small accounting firms that struggle to compete with the big accounting firms: KPMG , PwC , Ernst & Young , and Deloitte.
PYMNTS
JUNE 25, 2020
As accounts payable (AP) and accounts receivable (AR) operations continue to converge for many organizations, buyers and suppliers are increasingly acknowledging the value of using each other’s technology platforms to promote stronger B2B relationships. Peasy recently launched in the U.K. Esker Adds Credit Tech To AR Platform.
PYMNTS
DECEMBER 9, 2020
Bill.com and Wells Fargo are partnering on a new feature called Bill Manager to help small- to medium-sized businesses (SMBs) access automation for the accounts payable (AP) and accounts receivable (AR) process, according to a press release emailed to PYMNTS.
The Charity CFO
APRIL 5, 2022
If you’re like many people, you probably think that there is a single set of accounting rules that every company must follow. . But that’s not quite true—nonprofits face a decision between 2 different accounting methods for tracking their financial activity: cash accounting vs. accrual accounting.
Bramasol
NOVEMBER 11, 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, Convergent Invoicing, and Entitlement Management, along with SAP Revenue Accounting & Reporting (RAR) for revenue compliance.
Bramasol
JUNE 25, 2024
However, amidst the ever-expanding role of the Office of the CFO, accounting still is a major responsibility and this arena also is radically changing with the availability of new tools, technologies and challenges. Sweeping changes in the enterprise technology landscape have also been a key driver in expanding the role of CFOs.
PYMNTS
DECEMBER 14, 2020
Amid market volatility, organizations are finding it imperative to accelerate their accounts receivables while extending accounts payables and still maintaining positive buyer-supplier relationships. Accounts receivable and accounts payable are two key functions of the enterprise with significant impact on cash flow.
Bramasol
JULY 31, 2023
This new post provides a deeper look at how the leasing of medical equipment along with other bundled services or products presents particular challenges for meshing contracts and lessor accounting with DSE management and revenue recognition. According to Allied Market Research, "The global medical equipment rental market was valued at $56.0
Trade Credit & Liquidity Management
JUNE 10, 2025
The collectability of your accounts receivable (AR) portfolio also impacts your company’s operational and financial performance as well as borrowing capacity and costs. These accounts will provide the greatest sales growth and profit potential. This requires an efficient accounting or collection software platform.
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