CFO Plans

JUNE 7, 2024

One game-changing strategy that’s become increasingly popular is leveraging Fractional CFO services. For example, a tech startup needing basic financial oversight can transition to more advanced financial planning as it scales. Fractional CFOs can implement solutions that streamline operations and improve financial performance.

CFO 52

CFO Tax Planning Manufacturing Leverage 52

VCFO

JANUARY 11, 2024

Consistent use of systems like EOS Worldwide is key to establish a lasting culture of accountability. Consistent use of systems like EOS Worldwide is key to establish a lasting culture of accountability. Are you considering selling your business in the next several years or looking to address a specific business valuation driver?

Valuation 85

Valuation CFO Startups Leverage 85

PYMNTS

APRIL 22, 2020

With a managed accounting service (MAS) created for startup founders and chief financial officers (CFOs), AcctTwo has rolled out service called MAS for SaaS. AcctTwo Founder and CEO Marcus Wagner said in the announcement, “AcctTwo’s MAS for SaaS is not a typical outsourcing solution. It is years in the making.

Accounting 52

Accounting Reconciliations Leverage Startups 52

PYMNTS

JULY 24, 2019

“If you look at where the big banks and brokerages make most of their money, it’s in their retail savings accounts.”. The average national yield of savings accounts is 0.10%, whereas Betterment’s annual yield is 2.69%. Checking accounts will be insured up to $250,000 and savings accounts up to $1 million.

Accounting 64

Accounting Valuation B2B Banking 64

PYMNTS

JUNE 9, 2020

In today’s top news, insurance tech startup Lemonade filed an IPO, and Affirm launched a high-yield savings account. the property and casualty insurance startup, has filed an initial public offering (IPO). Affirm Unveils High-Yield Savings Account. Affirm has debuted a high-yield savings account called Affirm Savings.

Accounting 52

Accounting Healthcare Startups Retail 52

CFO News Room

DECEMBER 1, 2022

Startup founders typically face a fundamental tradeoff: They can grow the company, increasing its value and the value of their shares, but to do so they must give up some control. Co-founders and employees who join the startup want to know that it is well managed. Or, they can keep control, at the expense of growth.

Startups 100

Startups Auditing Investments Leverage 100

The Charity CFO

APRIL 18, 2024

For instance, working with a nonprofit accountant, like The Charity CFO, can help you reduce your risk of financial non-compliance. Nonprofit Technology Integration and Data Security One of the best things you can do for your nonprofit is to start leveraging data. Need Help Facing Nonprofit Accounting Challenges?

Nonprofit 52

Nonprofit Compliance CFO Leverage 52

PYMNTS

DECEMBER 29, 2020

In this week's roundup of bank-FinTech collaboration and open banking initiatives, Citi embraces the unlocking of account data to third-party FinTechs, while WEX weighs in on opportunity for banks to take advantage of partnerships. The company is focusing on users that may be underbanked, lacking traditional bank accounts.

Cash Flow Forecasting 123

Cash Flow Forecasting B2B Startups Financial Data 123

CFO Network

DECEMBER 11, 2023

Unlocking Financial Success: How Fractional CFOs Transform Businesses In the current landscape, businesses increasingly opt for lean and agile operations, fostering a burgeoning market for expert support in non-full-time equivalent roles within startups and small to medium enterprises.

CFO 52

CFO Startups Finance Accounting 52

PYMNTS

FEBRUARY 28, 2018

The whole point of startups is to do things differently than mainstream players, and that is exactly what these companies are doing with automation, interoperability and digital currency initiatives. Why are one startup’s customers calm in the face of Visa’s upcoming new chargeback rules? Chargehound. Jewel Paymentech.

Startups 40

Startups Currencies Accounts Payable Invoicing 40

PYMNTS

JULY 31, 2018

This month, startups such as Tipalti have brought on three partners to extend value to its clients, while startups such as AvidXchange are deepening their existing relationships. Here is the latest news from startup-land in July. dollars that are exchanged from the user’s existing cryptocurrency account.

Startups 43

Startups Invoicing Leverage Finance 43

PYMNTS

MARCH 30, 2018

Combined, more than $337 million in funding will fuel growth for an array of B2B startups that revealed their latest funding rounds this week. based startups dominated, with investors focusing on cybersecurity solutions and on startups that aim to streamline back-office functions. PYMNTS breaks down the latest deals below.

Startups 46

Startups B2B Mergers and Acquisitions (M&A) Accounts Payable 46

Boston Startup CFO

FEBRUARY 22, 2023

Startup founders beware! Gross margin is an essential factor in the evaluation of startups by venture capitalists. However, be cautious as you proceed to revise your chart of accounts and recategorize your expenses. This indicates that the startup has a competitive advantage and is able to create value for its customers.

Startups 52

Startups CFO Sales Leverage 52

PYMNTS

JULY 3, 2018

In the life of a startup, there’s no better news than growth, be it across new verticals, devices or geographies. As startups such as DadeSystems , FitPay and Jewel Paymentech expand across devices and functions, Tipalti , AvidXchange and Emailage announce new growth for their local, national and global footprints. AvidXchange.

Startups 40

Startups Compliance Currencies Leverage 40

Future CFO

NOVEMBER 30, 2020

The rapid advancement of sophisticated technology has brought monumental changes to most professions – and accounting is no exception. Many of the manual, routine-based accounting tasks of the past are now undertaken by non-human support. Automation will alter the work of accountants in the coming years.

Accounting 40

Accounting Finance Education Communication 40

PYMNTS

JANUARY 14, 2021

FinTech startup Marqeta has been tapped by Goldman Sachs to power digital checking accounts for Marcus. Marqeta said that Goldman Sachs “will leverage our modern card issuing platform” to introduce digital checking accounts to Marcus customers, according to a Marqeta blog post on Thursday (Jan.

Valuation 82

Valuation Leverage Startups Banking 82

PYMNTS

NOVEMBER 24, 2020

Businesses and financial institutions (FIs) are constantly examining ways to make their customers’ accounts more secure, especially as more consumers go online to make purchases and transact during the ongoing COVID-19 pandemic. A convenient, yet secure solution could be just a few taps away, however. About The Tracker.

Sales 108

Sales Leverage Securities Banking 108

Beacon CFO Plus

MARCH 12, 2024

Lay the Foundation for Stability and Growth Are you a startup or a small- to medium-sized company without a chief financial officer in place? Leverage technology to streamline financial processes and enhance efficiency. Here are three ways that you can improve your financial management today. Implement cost control measures.

Cash Flow Forecasting 52

Cash Flow Forecasting CFO Financial Analysis Invoicing 52

PYMNTS

APRIL 19, 2017

A biometric security startup with a fast growing membership-based secure identification program just recently scored a considerable amount of additional funding. The company will soon add LAX to its list of airports leveraging its service. “We just recently received $15 million in private equity funding from asset management firm T.

Startups 40

Startups Securities Leverage Numbers 40

PYMNTS

NOVEMBER 12, 2020

Participation in this program will allow us to leverage Mastercard’s expertise, technology and channels.”. The six-month program gives startups access to the knowledge of Mastercard experts and technologies to support their continued business growth, the release stated.

Startups 86

Startups Leverage Banking Technology 86

PYMNTS

JANUARY 7, 2021

Silicon Valley startup Social Finance (SoFi) is closing a merger deal with blank-check firm Social Capital Hedosophia Holdings Corp. SoFi’s technology platform Galileo , which it acquired in April, has helped position the startup at the nexus of the digital transformation in banking and financial services. billion in cash proceeds.

Planning 73

Planning Valuation Startups Cash Management 73

PYMNTS

DECEMBER 20, 2019

With more than $89 million raised, B2B FinTechs this week impressed venture capitalists (VCs) with a range of services, including small business accounting, financing, spend management and payroll. Small business accounting startup Xendoo announced a $3.5 Small business accounting startup Xendoo announced a $3.5

Startups 52

Startups B2B Treasury Benchmarking 52

PYMNTS

OCTOBER 16, 2020

Venture capital funding landed at startups focused on accounts payable (AP) and cybersecurity this week — with one payables startup raising $23 million in funding. Venture capital funding landed at accounts payable (AP) and cybersecurity technology firms, among other innovators that raised money this week.

B2B 69

B2B Accounts Payable Management Consulting Startups 69

PYMNTS

MAY 1, 2017

But off the trading floors, the news cycle carried its own pace as Walmart made cash cheaper to send, bitcoin and the blockchain got a series of thumbs down from bankers around the world and startups started feeling the burn. The receiver picking up the funds doesn’t need to have a Bluebird account. Ready for the latest?

Startups 46

Startups Banking Currencies Investments 46

Navigator SAP

FEBRUARY 17, 2022

Here are some of the top ERP functional areas of management: Accounting and Finance As money flows in and out, how many software solutions are you using to keep tabs on where it’s going? Sales data related to customer visits, expenses, shipping, invoicing, forecasting, and competitor analysis are all available in one place.

SAP 130

SAP Invoicing Manufacturing Compliance 130

PYMNTS

JULY 30, 2019

FinTech startup Open is partnering with global payments tech leader Visa to offer better banking options for SMEs in India. The collaboration gives Open the power to co-create new products with Visa, like real-time payments and business credit cards for startups, the companies announced in a press release. . “We

Banking 54

Banking Startups Leadership Leverage 54

PYMNTS

JUNE 29, 2016

“The face of retail banking is changing, driven partially by startups but also from the inside of some of the most forward-thinking banks globally,” Gorelov said in a statement.

Banking 40

Banking Accounting Leverage Startups 40

PYMNTS

APRIL 21, 2020

The rise of open banking (and account aggregation) has shaped the conventional wisdom that banking will pivot toward innovation and service-oriented offerings. But, in truth, account aggregation is largely an activity that simply moves data from financial institution (FI) to FinTech.

Banking 92

Banking Concentration Accounting Leverage 92

Spreadym

JULY 21, 2023

The objective of digital transformation is to modernize and improve the efficiency, agility, and customer experience in the financial industry by leveraging technology and data-driven solutions. This includes offering mobile banking apps, online account management, and personalized financial advice through digital channels.

Finance 52

Finance Prioritization Compliance Leverage 52

PYMNTS

SEPTEMBER 6, 2019

Startups in India saw the majority of that activity, while France and the U.S. landed on the board, too, as alternative lending, small business banking, back-office financial management and accounts receivable technology enticed backers. In the waning days of summer, venture capitalists appear to be in a lull: only $51.2

B2B 62

B2B Invoicing Accounts Payable Startups 62

PYMNTS

NOVEMBER 21, 2019

21) a collaboration to help FinTechs and other financial-affiliated businesses with fast issuing of debit cards and bank accounts for customers, without expensive startup fees or long-term contracts. FinTechs, for example, can leverage the new initiative to create debit cards and bank accounts more easily.

Leverage 73

Leverage Startups Banking Accounting 73

PYMNTS

NOVEMBER 1, 2019

The site, tasked with enrolling people in the newly passed Affordable Care Act (ACA), was by all accounts poorly designed. Launched about a year after Healthcare.gov’s initial debacle, USDS has been tasked with bringing the federal government’s technology up to speed by leveraging the skills of technology specialists.

Healthcare 42

Healthcare Startups Technology Practice Management 42

Future CFO

DECEMBER 13, 2023

Scalability: Companies need to leverage financial and nonfinancial resources to launch EV-related products and services, and manage rapid growth. EV adoption and its value chain have seen growing interest from consumers, governments, corporates and investors amid increasing climate concerns.

Sales 52

Sales Manufacturing Marketing Leverage 52

PYMNTS

JANUARY 26, 2020

Swiss banking software firm Temenos is partnering with London accounting API startup Codat , Temenos announced on Friday (Jan. Integration with accounting platforms is seen as an essential feature of commercial banking products by [SMBs]. Temenos will leverage Codat’s functions to magnify its business banking contribution. .

Banking 52

Banking Compliance Leverage Accounting 52

PYMNTS

MAY 11, 2020

The tie-up lets ANNA’s freelancer and small and medium-sized business (SMB) clients receive global payments through EUR or USD currency into their ANNA accounts for the first time, according to an announcement. Payment settlements then occur in real time. firms of all sizes send payments to contractors and vendors through borders.

Currencies 64

Currencies Leverage Startups Accounting 64

Fpanda Club

MARCH 28, 2021

Lagging At this stage of the maturity, the FP&A function or team is usually a part of other finance entities such as accounting, treasury or finance function in general, with roles and responsibilities that are not clearly defined and processes that lack formal description.

Budgeting 130

Budgeting Forecasting General Ledger Finance 130

Spreadym

OCTOBER 27, 2023

Before: EBITDA looks at a company's financial performance before accounting for interest, taxes, depreciation, and amortization, as these factors can vary significantly between different companies and industries. Interest: This represents the cost of borrowing money. Taxes: EBITDA excludes income tax expenses.

Financial Analysis 59

Financial Analysis Valuation GAAP Accounting Principles 59