Bramasol

JULY 29, 2025

They also leverage AI models to accelerate the quote-to-cash cycle by analyzing customer behaviors, suggesting optimal pricing strategies, and automating the invoicing process. In addition, AI automates the order-to-pay process, reducing delays and errors in invoicing and payment processing.

SAP

CFO Talks

DECEMBER 10, 2024

Take Dixon Enterprises, a mid-sized manufacturing company. They discovered payroll fraud when a manager created a fake employee and diverted their paychecks into a personal account. For instance, if the same person approves invoices and processes payments, thats a red flag. Building a culture of accountability starts at the top.

Invoicing

PYMNTS

MAY 14, 2020

Invoice inaccuracies caused by either honest mistakes or deliberate fraud quickly add up if not caught and corrected, and unexpected monetary drains cause budgets to fall short of projections. Three-Way Invoice Matching. Forry noted that automating invoice processing and using three-way matching help prevent billing mistakes.

Invoicing

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.

Accounting

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.

B2B

CFO Plans

JULY 25, 2024

“`html SaaS Accounting Software for Manufacturing Businesses Maximizing Efficiency with SaaS Accounting Software for Manufacturing In today’s dynamic business landscape, manufacturing companies face a multitude of challenges in managing their financial operations efficiently.

Manufacturing

PYMNTS

JUNE 17, 2020

Connecting B2B vendors to financing on their unpaid invoices can grant them the financial stability they need to keep trade flowing, but it comes with its own set of challenges — both for the vendor and financiers. “Invoice finance is a very effective way for suppliers to obtain fast and affordable working capital,” he said.

Invoicing

PYMNTS

MAY 1, 2019

Payments solution provider Delego is rolling out its invoice presentment and payment solution, PayCenter, a SAP-integrated tool, to digitize and streamline accounts receivable. Delego’s PayCenter offers Delego RapidPay, which supports ACH, card, digital wallet and other payment methods when invoices are presented.

Invoicing

PYMNTS

MARCH 22, 2019

One way to secure funding is to use invoice financing. USD equivalent to help fund its efforts to help companies secure loans against invoices (through linkups with investors) using blockchain and artificial intelligence. To that end, Netherlands startup Finturi earlier this month said it had secured $2.2

Invoicing

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

Accounting

PYMNTS

MARCH 8, 2019

Invoice fraud, where emailed requests trick employees of various firms into sending money to scammers’ bank accounts, has been making the rounds in the United Kingdom. As much as 39 percent said they would “agree” to pay money into new bank accounts if requested through emails ostensibly tied to accountants.

Invoicing

PYMNTS

OCTOBER 20, 2020

Accounts payable and payments automation solution MineralTree has added automated PO and invoice matching for cloud-based accounting and financial management platform Sage Intacct , a press release says.

Invoicing

Creative CFP

OCTOBER 2, 2018

Method 3 - Manual Manufacture at the time of Assembly (finished goods represented in inventory) The idea behind this approach is to buy in raw materials, track the quantity and value of those raw materials and then convert raw materials into tracked finished goods when you do an assembly in your workshop. So, let's manufacture then.

Manufacturing

PYMNTS

JUNE 17, 2020

To provide small companies with accounts payable (AP) automation, Medius is bringing its MediusGo invoice automation product to the American market. to get better in terms of accounts payable automated, citing research made before the entry of MediusGo in the U.S.

Invoicing

Navigator SAP

FEBRUARY 17, 2022

Benefits of Cloud ERP in Finance Departments and Other Business Functions Cloud ERP software simplifies operations by allowing your business to centralize documents, create templates, automate and streamline processes, and track manufacturing and distribution progress in real time.

SAP

PYMNTS

DECEMBER 5, 2019

manufacturing sector, valued at approximately $2.4 trillion, accounts for an estimated 11 percent of the national gross domestic product (GDP). manufacturing has encountered significant damage recently over the ongoing trade war with China. However, U.S. In fact, the U.S. Understanding O2C Upgrades.

Manufacturing

PYMNTS

DECEMBER 15, 2017

Complex on so many levels, especially when it comes to payments and, more specifically, invoicing, where demands for payment are tracked through paper and electronic means. Flywire’s background in the healthcare and education space, along with its existing invoicing system, helped assist these businesses in new ways.

Invoicing

CFO Plans

SEPTEMBER 24, 2024

Discover expert tax planning and accounting services designed to help you thrive. Effective tax planning and accounting are not just about compliance; they are about unlocking opportunities for growth and stability. Embrace Virtual Accounting Services for Startups For startups, managing finances can be particularly challenging.

Tax Planning

PYMNTS

OCTOBER 5, 2020

Against that backdrop, companies are re-evaluating and redesigning their entire supply chains, cost management life cycles and other processes across all industries from healthcare to manufacturing. Comdata, she said, has mimicked the flow from claims to invoice to payment to reconciliation.

B2B

PYMNTS

NOVEMBER 16, 2020

155 percent more cases of invoice and payment fraud hit organizations from Q2 to Q3 , the latest analysis from Abnormal Security has found. The individuals are then said to have submitted fraudulent invoices to the university from the fake company, routing the payments to their personal accounts.

Invoicing

PYMNTS

DECEMBER 10, 2018

The first domino in the set is the purchase order, and unless that PO is correct, everything else, including invoice and payment, can quickly fall into disarray. This is especially true for the manufacturing space, on which direct-spend procurement company SourceDay focuses. “The supplier needs visibility into that.”

Manufacturing

CFO Plans

AUGUST 9, 2024

In the rapidly evolving landscape of business accounting, staying ahead requires more than traditional bookkeeping. For instance, a mid-sized manufacturing company saw a 15% increase in profitability within a year of engaging an outsourced CFO who streamlined their budgeting and forecasting processes.

Accounting

CFO Simplified

JUNE 23, 2022

It’s not unusual in a small company for the accounting manager to become the controller and then become the CFO. Reconciles the bank accounts. Codes and processes Accounts Payable invoices. Issues Accounts Payable checks. Evaluation of manufacturing costs to identify opportunities for cost savings or abnormalities.

CFO

PYMNTS

JANUARY 10, 2017

Data points and invoices could be presented differently in graphical form or across different languages. The ultimate result, the firm has said, is one where the data keying, manually, is eliminated, as data capture and dissemination is automated, with attendant details of vendors and transactions.

Accounts Payable

Fpanda Club

MARCH 14, 2021

Lean is usually associated with manufacturing and supply chain, but it can be applied to any field including finance. The Lean Enterprise Institute Inc. defines lean as creating more value for customers while minimizing waste which means using fewer resources. This type of waste is mostly related to human actions and interventions.

Finance

CFO Plans

MAY 16, 2024

One of the most transformative tools available is SaaS-based accounting software. Here’s how SaaS accounting software is revolutionizing financial management and why it’s essential for CFOs. This is particularly beneficial for small businesses and startups that need robust accounting capabilities without the hefty price tag.

Accounting

PYMNTS

OCTOBER 31, 2017

The beauty of paying with a check is, typically, the check is accompanied with the invoice, and all the information is there in front of you,” he recently told PYMNTS. You have the invoice, the check, the bank information — everything is there.”. There’s a big issue about connecting an electronic payment to an invoice,” he added.

Invoicing

CFO Simplified

SEPTEMBER 11, 2022

There are two different ways of performing accounting functions in your business: One is on a cash basis, and the other is on an accrual basis. More often than not, your tax accountant is doing your taxes on a cash basis. Why should you use accrual basis accounting for your business? Cash Basis Accounting. Let’s dive in.

Profit and Loss

CFO Simplified

AUGUST 18, 2022

The cash gap, also known as the “Cash Conversion Cycle” (CCC), measures the time between when you need to write a check for your payables or payroll and when you receive payment of the invoices for the items you’ve sold. Days’ Receivables = Accounts Receivable / (Annual Sales / 365). Beware of Aging Accounts Receivable.

Accounts Payable

PYMNTS

DECEMBER 20, 2020

Snap Accounts Payable (SnapAP) has completed the first stage of a new funding round with help from a group of Israel-based angel investors, a press release says. The intent of the round is to help SnapAP on the first stage of its planned $2 million seed stage round.

Accounts Payable

PYMNTS

SEPTEMBER 24, 2020

Accounts payable (AP) teams are now taking a fresh look at the potential of tools such as virtual cards to ease their transaction frictions. The digital methods suit remote purchasing environments and offer security features that can make it difficult for fraudsters to use stolen card details. Find the full story in the Report.

Accounts Payable

PYMNTS

JUNE 15, 2020

And physical disruptions in the manufacturing or delivery of goods have been delaying payments.” per invoice is the starting price of a new credit insurance offering launched by Nimbla and Dancerace , announced last week. “In other cases, lower demand for goods has been causing income shortfalls. 1 million pounds ($1.3

B2B

PYMNTS

OCTOBER 23, 2019

In the manufactured housing industry, consumer buying habits are actually a major pain point for buyers, which include property managers and maintenance professionals, according to Purchasing Platform CEO Dave Bowen. “A The platform then submits purchase orders to the appropriate suppliers, which are then able to invoice Purchasing Platform.

Manufacturing

PYMNTS

JANUARY 30, 2019

In manufacturing plants, call centers and many other workplaces, automation is the standard. However, when it comes to corporate accounting departments, automation is still the exception. Will they be able to capitalize on it by investing in accounts payable automation going forward? It is not from lack of interest.

Accounts Payable

PYMNTS

DECEMBER 10, 2019

In 2019, 42 percent of B2B invoices were paid by paper check. Add to that image, this one: PYMNTS research finds that nearly 44 percent of invoices are still sent by fax machine and over 72 percent arrive via USPS. There’s a quiet crisis in American manufacturing, and no, for once it’s not China. In America’s $2.4 Late Again.

Manufacturing

Future CFO

JULY 27, 2021

Headquartered in Prerov in the Czech Republic and operating manufacturing facilities in the Czech Republic and the United States, Meopta has a rich tradition of developing, manufacturing and assembling world-class optical, optomechanical and optoelectronic products.

Accounts Payable

CFO Share

SEPTEMBER 27, 2022

Unfortunately, accounting processes are more complex than fixing your truck, and while many businesses benefit from hiring in-house accounting and bookkeeping, others do not. Knowing which category your business fits in is critical to deciding whether or not to hire in-house for accounting and bookkeeping. .

Accounting