PYMNTS

NOVEMBER 10, 2020

Businesses of all sizes struggle with capital management, regardless of whether they employ staff or seek out third parties to handle their cash flows, accounts payable (AP) and accounts receivable (AR) processes and other related tasks. This affects companies’ creditworthiness, which is crucial to helping them secure loans.

Accounts Payable 87

Accounts Payable Invoicing Treasury Sales 87

PYMNTS

OCTOBER 14, 2020

The financial entity has rolled out a push-to-debit feature for its treasury customers with the assistance of a third-party technology partner, according to recent announcements. Using digital push payments can also help add security to B2B transactions, thanks to the cybersecurity measures that can be grafted into these processes.

Treasury 103

Treasury Banking B2B Invoicing 103

Future CFO

APRIL 21, 2021

Manual AP invoicing has been outdated and inefficient for years now, so when business across the globe encountered significant disruptions, companies with digital transformation still on their to-do lists felt the impact on their operations far more than those already using automation. What has changed, and what changes are here to stay?

Accounts Payable 40

Accounts Payable Accounting Invoicing Finance 40

PYMNTS

JANUARY 14, 2021

Today in B2B payments, Citi announces its news Treasury and Trade Solutions (TTS) head, while Rho lands new funding and adds accounts payable to its business banking technology. Plus, Medius collaborates on invoice management, TravelPerk acquires NexTravel, and Sweep lands funding for T&E tools. 13) announcement.

B2B 56

B2B Accounts Payable Banking Invoicing 56

PYMNTS

JANUARY 8, 2021

PayJunction Debuts Digital Invoicing for Virtual Terminal Clients. Payment processing technology developer PayJunction has rolled out a digital invoice function for companies that harness its virtual terminal offering, according to a Thursday (Jan. 7) announcement. Fides Expands Connectivity for Finance Professionals.

B2B 86

B2B Treasury Invoicing Finance 86

PYMNTS

JULY 7, 2020

The companies noted that Oxbury, which secured its full banking license in early-2020 with plans for a full launch later this year, will focus its services on the agricultural food chain with lending and payments services. Oxbury will gain access to ClearBank’s clearing and payments capabilities, enabling the bank to gain access to U.K.

Banking 96

Banking Accounts Payable Treasury Finance 96

PYMNTS

MARCH 13, 2019

This stumbling block to innovation is often visible in accounts payable (AP) departments, Corcentric SVP of Sales Daniel Andrew told PYMNTS in a recent conversation. Manual, paper-based invoicing systems are objectively worse in every metric when stacked against automated, digital AP systems that leverage straight-through processing.

Accounts Payable 44

Accounts Payable Accounting Invoicing Benchmarking 44

PYMNTS

MAY 20, 2020

IntegriDATA Treasury Property Manager Ted Haslam said the Workday program has become popular with clients and the company is “excited to offer them secure straight-through payment processing,” according to a press release.

Invoicing 58

Invoicing Treasury B2B Securities 58

PYMNTS

JANUARY 26, 2021

He said increased sharing of account information through third-party apps supports consumers’ desires, but it is not without its risks. That “something” has a lot to do with account tokenization, which has a lot going for it as an anti-fraud tool. As far as safety is concerned, Waterhouse focused on third-party apps. The EIP Rollout.

Treasury 109

Treasury Economics Accounting Invoicing 109

PYMNTS

FEBRUARY 6, 2020

Finrails AP offers businesses a cloud-based accounts payable (AP) solution that automates B2B payments on a secure digital dashboard using numerous payment methods. “Our collaboration with Finrails AP gives business owners more choice, flexibility and security when it comes to making payments.”

Banking 67

Banking Accounts Payable B2B Invoicing 67

PYMNTS

JANUARY 19, 2021

Those pain points center around cash flow, manual processes (where employees match invoice and payment data), and the management of suppliers. The office supply firm, through its STP connection, receives the funds from the virtual card directly into their commercial bank account of choice.

B2B 93

B2B Invoicing Reconciliations Treasury 93

PYMNTS

DECEMBER 18, 2020

There’s simply no longer the time or bandwidth for manual accounts payable (AP) and accounts receivable (AR). Such modernizations could help financial departments process invoices more quickly and easily.”. Since there’s no way back, the payments industry is now cutting new pathways. The poll of 325 U.S. A Digital Stampede.

Accounts Payable 64

Accounts Payable Invoicing Treasury Accounting 64

PYMNTS

JANUARY 15, 2021

Malaysia's microLEAP has secured $3.3 The company offers automated accounting solutions, accounts receivable solutions like payment reminders and invoice generation, expense management and other tools for small and medium-sized businesses (SMBs) to manage finances. Modern Treasury.

B2B 67

B2B Finance Treasury B2C 67

PYMNTS

SEPTEMBER 25, 2020

We have deep dives on the financial health of Main Street small and medium-sized businesses (SMBs), digital accounts payable (AP), and GoodRx ’s initial public offering (IPO). . HSBC To Staff: Stay Off Bank’s Social Media Accounts . Massachusetts-based accounts payable (AP) automation technology firm MineralTree Inc.

Accounts Payable 61

Accounts Payable Treasury Construction Accounting 61

PYMNTS

NOVEMBER 21, 2016

The use of the tokens can boost security and immutable transaction tracking across borders and corporate payments. As Meredith noted, blockchain can be seen as “an interconnected system” that can help alleviate some of the complexity of the treasury and trade (in a B2B focus) functions of a firm.

B2B 71

B2B Invoicing Treasury Securities 71

PYMNTS

OCTOBER 31, 2019

One of their biggest benefits for users is not only its ability to offer a secure location in which to receive paper checks; the lockbox is also critical to receiving documentation about a transaction. It enables payment information to travel with the payment so that the payment can be properly applied to the appropriate invoice,” he said. “In

Reconciliations 43

Reconciliations Invoicing B2B Treasury 43

Reval

JUNE 13, 2017

Hong Kong – 14 June 2017 – Kerry Logistics, a leading logistics provider based in Hong Kong, was awarded Best Liquidity Management Strategy for 2016, using Reval, the leading global software-as-a-service solution for treasury and risk management.

Foreign Exchange 52

Foreign Exchange Treasury Cash Management Risk Management 52

PYMNTS

AUGUST 12, 2019

The scheme apparently unfolded the way many BEC scams do — with a fraudster posing as a legitimate vendor, and where payments had been wired into scammers’ bank accounts. Department of the Treasury, has estimated in recent weeks that fraudsters have tried to scam as much as $9 billion through business e-mail compromise attempts since 2016.

Auditing 59

Auditing Invoicing Accounts Payable Treasury 59

PYMNTS

JANUARY 8, 2021

For example, that might mean having a process in place so that funds are appropriately applied or available when money comes in during off-hours or on the weekend, she said, and really thinking through the process from an accounting, liquidity and treasury management perspective. Limits And Fees.

Cash Flow Forecasting 139

Cash Flow Forecasting Banking Education Reconciliations 139

PYMNTS

MAY 1, 2020

So are paper invoices that precede them. In point of fact, most businesses of any size have a hybrid treasury-accounting back office where digital tools and paper instruments coexist. There is no debating the speed and accuracy of digital accounts payable (AP) and AR tools versus paper and the postal service. Paper Wait.

B2B 52

B2B Accounts Payable Accounting Treasury 52

PYMNTS

FEBRUARY 24, 2020

Separate research from Coveware found companies paid an average of $84,116 to recover their files in Q4 2019, reports said, adding that public entities accounted for about one-tenth of 2019’s cases. Analysis of BEC complaints filed in 2019 found that BEC scams accounted for nearly half of the $3.5

Construction 65

Construction B2B Accounts Payable Invoicing 65

Future CFO

DECEMBER 6, 2021

In a time when liquidity is paramount, collection – also known as accounts receivables (AR) – is a major part of the cash conversion cycle that companies specifically keep a keen eye on. Then typically, you have to go back to the corporate treasury for more liquidity. Ross Mackay. That obviously comes with a certain cost.

Invoicing 52

Invoicing Cash Management Treasury Finance 52

PYMNTS

NOVEMBER 4, 2019

Invoice and purchase order manipulation, company credit card abuse and fraudulent use of company checks all surface as cautionary tales for corporates’ internal financial processes. consumers in the first half of 2019 , according to new analysis from Parliament’s Treasury Select Committee. .

Accounts Payable 40

Accounts Payable Invoicing Healthcare Treasury 40

Future CFO

DECEMBER 11, 2023

Suppliers can embed real-time payment instructions in customer communications to simplify invoice processing. Real-time payments also mean account balances stay up-to-date. Villanueva attributed this to the convenience, transparency, and security of the process.

Banking 98

Banking Finance CFO Leverage 98

PYMNTS

APRIL 30, 2019

This challenge often emerges with small businesses (SMBs) that are not large enough to fit into a bank’s corporate and treasury services unit, and are, therefore, forced into being serviced with consumer-targeted products. The financial services space often encounters the conundrum of trying to fit a square peg in a round hole.

Corporate Finance 61

Corporate Finance Accounts Payable Finance Invoicing 61

PYMNTS

JANUARY 26, 2017

The solution is called Finlync SAP-DL Integrator , and the idea, said Finlync in an interview with PYMNTS, is that the ERP system is the central home to critical data like purchase orders and invoices, business partner payment information and the like. Faster processes, less complexity, heightened security — it seems like a no-brainer.

SAP 57

SAP Invoicing Reconciliations B2B 57

PYMNTS

NOVEMBER 19, 2020

But onboarding isn't just about obtaining bank account or payment details of a potential buyer. Credit scoring a new customer provides visibility into the probability that the buyer will actually pay an invoice upon receipt of goods or services. You need to have the CFO and treasury department on this journey throughout the transition.

B2B 105

B2B eCommerce B2C Prioritization 105

PYMNTS

MAY 13, 2020

Speaking with Karen Webster, Citi Commercial Bank Senior Vice President and Treasury Sales Officer Thor Perplies described the experience of working with Flywire to facilitate the movement of funds from the U.S. to China within only a few hours in order to secure a PPE shipment for healthcare providers.

Healthcare 81

Healthcare B2B Foreign Exchange Nonprofit 81

PYMNTS

APRIL 2, 2019

BD provides payers with information like amounts, due dates and posting dates, but not about payers’ linked bank accounts. BBP enables only payment of bills from participating businesses, meaning certain invoices cannot be reconciled. . This also aids the treasury teams tasked with tracking payments.

Treasury 49

Treasury Reconciliations B2B Invoicing 49

PYMNTS

SEPTEMBER 27, 2019

This week, two massive deals landed with B2B payments innovators at Fundbox and Tipalti, but they were far from the only players to have secured new funding. Offering corporate users, CFOs, accountants and other finance professionals on demand, Paro, based in the U.S., Everledger. Reports in L.A. OfBusiness.

B2B 59

B2B Accounts Payable Startups Advertising 59

PYMNTS

APRIL 1, 2019

The card will offer cash back rewards, tiered by spending type, paid instantly to the user’s “Daily Cash” account within Apple Wallet. Square Embraces Invoicing. Invoicing is hard for SMBs, and Square would like to help businesses design, manage and send invoices from anywhere.

Invoicing 40

Invoicing Treasury Leadership B2B 40

PYMNTS

APRIL 19, 2016

Some of the biggest names in banking participated in the Series E funding round for digital billing and payments company Transactis , a SaaS startup that aims to help corporations reduce their dependence on paper invoices, bills and other documents in favor of digital payments solutions.

Startups 40

Startups B2B Treasury Invoicing 40

PYMNTS

DECEMBER 14, 2018

In addition to launching its cash automation solution, Trovata secured an undisclosed amount of Seed funding from partner JPMorgan Chase, a press release said this week. OweMe operates a supply chain financing solution that links banks to corporate buyers in need of funding for their outstanding invoices.

B2B 51

B2B Startups Treasury Financial Data 51

PYMNTS

DECEMBER 31, 2020

JPMorgan: Real-Time Treasury A Key Driver Of Corporate’s Loyalty. From the back-office bean counter to the overseer of cybersecurity and anti-money laundering (AML) compliance, the modern corporate treasury has undergone an extreme makeover in recent years that goes well beyond its historic roots in cash management.

Healthcare 115

Healthcare B2B Foreign Exchange Treasury 115

PYMNTS

MAY 31, 2018

The IRS is hiring and training more than 3,000 agents to enforce its Foreign Account Tax Compliance Act (FATCA), and the onus is now on the payer to collect all necessary tax documents from the payee and validate the info on those forms. DadeSystems. That’s what he said the startup aimed to create in its mobile tool for corporate deposits.

Startups 43

Startups Compliance Accounts Payable Invoicing 43

PYMNTS

MAY 31, 2018

The IRS is hiring and training more than 3,000 agents to enforce its Foreign Account Tax Compliance Act (FATCA), and the onus is now on the payer to collect all necessary tax documents from the payee and validate the info on those forms. DadeSystems. That’s what he said the startup aimed to create in its mobile tool for corporate deposits.

Startups 40

Startups Compliance Accounts Payable Invoicing 40

PYMNTS

SEPTEMBER 20, 2018

PNC Bank ‘s Treasury Management unit announced its participation in Ripple ‘s blockchain cross-border payments network RippleNet, a move that allows corporate clients to accelerate accounts receivable and receive payments from across borders in real time. in blockchain development efforts.

Corporate Finance 75

Corporate Finance eCommerce Healthcare Finance 75