Future CFO

FEBRUARY 11, 2024

Electronic invoicing, known as e-invoicing, is the automated exchange of invoice information using a predefined electronic format. It improves efficiency, reduces cost, and gets supplier invoices paid much faster. This guide walks you through the various approaches e-invoicing is being adopted across three ASEAN markets.

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PYMNTS

OCTOBER 9, 2019

Enterprise content services provider Hyland is enhancing the integration of its OnBase ERP platform with SAP to strengthen accounts payable automation capabilities, the company said in a press release Tuesday (Oct.

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SAP Accounts Payable Invoicing Accounting 46

PYMNTS

NOVEMBER 26, 2019

Source-to-pay solution provider Basware now offers its business automation resources on the SAP App Center , the digital marketplace for systems applications and product (SAP) partner offerings, Basware announced on Tuesday (Nov. The program offers SAP technologies through one global OEM contract.

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SAP Accounts Payable Banking Technology 60

Bramasol

FEBRUARY 13, 2023

Analytics firm Statista estimates that the SaaS market is worth approximately 146 billion in U.S. Accounting and finance processes as businesses look to automate and streamline their financial operations. dollars and estimated to reach 195 billion U.S. dollars by 2023.

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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. Marketing and Sales Artificial intelligence helps marketing and sales teams automate processes and save a lot of time with administrative tasks.

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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

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Bramasol

JANUARY 16, 2022

This latest installment in our ongoing DSE blog series takes a step back with a holistic look at the entire order-to-cash process and explores how revenue accounting compliance can seamlessly integrate with DSE. Manual interventions needed for tracking and accounting for subscription revenues. Convergent Invoicing.

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PYMNTS

FEBRUARY 1, 2021

The iDocuments platform integrates with all leading ERP and accounting systems, including SAP Business One, Sage, Infor SunSystems, Exchequer and Microsoft Dynamics, the release says. Accounts payable (AP) automation has been “leading the way” on digitization, with new virtual cards becoming more common, he said.

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PYMNTS

AUGUST 17, 2018

Thomson Reuters is stepping into the world of mobile small business accounting with the launch of a new app, OnBalance Express. The tool allows users to log expenses through the use of optical character recognition (OCR) technology to automate entry of receipt data into businesses’ accounting systems.

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PYMNTS

AUGUST 28, 2019

Accounts payable automation company AvidXchange is strengthening its position in the banking and financial services sector through the acquisition of BankTEL, the company said Tuesday (Aug. AvidXchange has reached an agreement to acquire BankTEL Systems, which provides accounting technology to banks.

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PYMNTS

SEPTEMBER 3, 2020

Today's market volatility has presented plenty of opportunities for the enterprise. This week's look at the convergence of accounts payable (AP) and accounts receivable (AR) explores how optimizing one side can have a positive effect on the other. Analysts Eye AR Automation To Mitigate Risk. Basware Expands AP Partner Network.

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Bramasol

FEBRUARY 9, 2024

As this blog series continues to explore optimizing quote-to-cash (QTC) to compliance for different industries, in this episode we dive into the special challenges faced by companies in the telecom sector and address how solutions in the SAP portfolio help overcome them.

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SAP Compliance Invoicing Leverage 91

PYMNTS

MARCH 3, 2020

In the latest Workforce Spend Tracker® , PYMNTS examines how these technologies are filtering into the spend management industry as well as the other changes taking place among providers jostling for dominance in an increasingly crowded market. Trips taken on Uber alone accounted for 12.6 The Latest Workforce Spend News.

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PYMNTS

JANUARY 26, 2017

The company announced earlier this month that it has developed what it claims to be the world’s first technology to integrate blockchain into ERP systems like SAP. Being able to transmit this type of data via blockchain would make B2B processes like invoice processing and payments far quicker, the company explained.

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Spreadym

MAY 26, 2023

Expense tracking: The budgeting software allows users to track and categorize corporate expenses, either by manually entering transaction details or by integrating with other sales software and bank accounts to automatically import transaction data. There are several the best business budgeting software tools available in the market.

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PYMNTS

JULY 1, 2020

With so many companies still relying on paper — particularly in areas like accounts payable (AP) in which paper invoices are received and paper purchase orders are sent — the conversation was not only about how to digitize that process, but potentially optimize that workflow, he said. ” Room for Improvement.

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PYMNTS

MARCH 25, 2020

As the European Union continues its electronic invoicing journey, officials have come to understand the value of format standardization to streamline and simplify the process of generating and ingesting these documents. Europe isn’t the only market where governments continue to explore opportunities in eInvoice standardization.

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Accounts Payable Invoicing SAP B2B 40

PYMNTS

AUGUST 5, 2020

In a conversation with PYMNTS, Center CEO Naveen Singh — whose father co-founded SAP Concur — described why many of the automated expense management tools on the market today fail to address the needs of a dramatically changing dynamic in employee spend. Merging Expenses With Procurement. Driving Real-Time Data Through Cards.

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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? They have a five person accounting team who spend an unwieldy amount of time dumping data from NetSuite into Excel. These processes vary.

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PYMNTS

NOVEMBER 15, 2017

Just last week, Deloitte found that in 2016 alone, nearly 27,000 new blockchain projects surfaced on the market. Together, SAP and EY said they are pushing for corporate adoption of blockchain in the area of supply chain management, a common target of open-source blockchain projects. Today, only 8 percent of them remain active.

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PYMNTS

MARCH 16, 2018

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.

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PYMNTS

JUNE 22, 2016

One of the most popular, Mullaney said, is SAP ERP and SAP Ariba. Knowing this, ExceleratedS2P recently rolled out its latest SAP Ariba add-on geared specifically for the oil and gas industry. For one, Mullaney said, the sheer volume of cash flowing throughout the market makes payment a make-or-break function.

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PYMNTS

APRIL 12, 2016

It’s a vicious cycle and one that makes today’s global supply chain plagued, argue SAP Ariba and PrimeRevenue. With more suppliers in need of cash flow than before the financial crisis, the market has swung its spotlight on small business lending. The Root Cause.

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Bramasol

JANUARY 18, 2024

On one hand, the proven nature of SaaS has paved the way for widespread acceptance across both B2B and B2C markets. Bramasol takes a unique approach to combining specific SAP BRIM applications with revenue compliance to give companies the exact features they need.

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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. Mark Wilfred , head of solutions consulting, Southeast Asia at SAP Concur , says the raison d'être for the stickiness of spreadsheets is familiarity.

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Finance SAP Leadership Cash Management 98

Bramasol

MAY 30, 2022

An EMS is effectively a bridge between sales and provisioning, with linkage to backend accounting and revenue compliance systems. Integration with embedded analytics such SAP Analytics Cloud. For more information, check out these additional resources: Podcast: SAP's Carla LeJeune on Optimizing Entitlement Management.

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SAP Compliance Treasury Invoicing 76

Bramasol

JULY 14, 2022

From an enterprise standpoint, an IDG Market Pulse survey of North American companies with over 1000 employees indicated that, " the mean number of data sources per organization is 400. More than 20 percent of companies surveyed were drawing from 1,000 or more data sources to feed BI and analytics systems."

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PYMNTS

JUNE 23, 2020

Large companies may receive thousands of monthly invoices that must be processed quickly and economically, and firms of all sizes need to track payment obligations and issue funds. The accounts payable (AP) automation market is expected to grow from $1.6 The accounts payable (AP) automation market is expected to grow from $1.6

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Accounts Payable Invoicing Treasury SAP 85

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.

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PYMNTS

MAY 7, 2020

Deepening ties between accounts payable (AP) and accounts receivable (AR) departments will be key to ensuring buyers and suppliers remain viable. Dynamic discounting can mean lucrative discounts on the accounts payable side, and faster payments on the accounts receivable side.

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Accounts Payable SAP B2B Currencies 60

CFO Thought Leader

SEPTEMBER 12, 2023

Looking back, Jeff Coulter is not exactly certain how he landed a spot on a team tasked with designing and implementing the first-ever budgeting and reporting processes responsible for tracking Procter & Gamble’s marketing dollars on a single worldwide system. “P&G capital markets. Cognite does data contextualization.

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Leadership CFO SAP Budgeting 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.

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Technology SAP IFRS Compliance 88