PYMNTS

FEBRUARY 19, 2018

Travel booking company Webjet , based in Australia, has launched a blockchain solution for the hotel industry to manage reconciliation in hotel distribution. According to Webjet, the company tested the solution in-house with its own B2B partners before rolling it out to market.

Reconciliations 43

Reconciliations B2B Accounts Payable Invoicing 43

PYMNTS

MARCH 2, 2020

Late payments are a reflection of a broader challenge in B2B payments: Large corporate buyers can wield their market power with small suppliers that lack leverage to negotiate faster payment terms. accounts receivable and POS solution provider takepayments, according to reports in Thiis last week. .

Reconciliations 57

Reconciliations Invoicing B2B Manufacturing 57

PYMNTS

MAY 16, 2016

The innovators at SmartStream Technologies have introduced the first solution from its SmartLabs innovation center, and it’s a tool for financial services companies to streamline the reconciliation process. Twiggs added that the reconciliation solution was born out of its lab to develop disruptive technologies for corporations.

Reconciliations 40

Reconciliations Invoicing Technology Sales 40

Future CFO

AUGUST 1, 2023

The demand for mobile wallets, online banking services, and the increasing adoption of digital technologies has led to the expansion of the financial applications market in Asia/Pacific. As a result, the market for cloud-based financial applications in the region will witness significant growth in the coming years.

Invoicing 98

Invoicing General Ledger Reconciliations Budgeting 98

PYMNTS

NOVEMBER 26, 2019

Accounts payable (AP) automation is beneficial, and even necessary, for many businesses still bogged down by paper. Part of that journey includes a focus on vendors’ accounts receivable (AR) challenges, which is crucial to finding success with newly-implemented AP tools. Tipalti Collaborates To Ease Vendor Acceptance.

Accounting 64

Accounting Accounts Payable B2B Reconciliations 64

PYMNTS

JULY 3, 2020

Accounts payable (AP) teams and other financial functions of the enterprise were some of the hardest hit by the disruption caused by the global pandemic. With speed-to-market more important than ever as businesses eagerly search out tools to support business continuity, FinTech partnerships enable banks to accelerate new product rollouts.

Accounts Payable 85

Accounts Payable Accounting Banking Invoicing 85

PYMNTS

AUGUST 8, 2019

The competition is heating up between payment technologies in accounts payable, with ACH and virtual cards seeing significant pushes in the B2B payments space to combat the dreaded paper check. Data is key to addressing those pain points like identifying instances of fraud or promoting automated reconciliation.

Accounts Payable 57

Accounts Payable Accounting B2B Reconciliations 57

PYMNTS

MARCH 16, 2018

Australia’s Institute of Public Accountants (IPA) is urging its members to “future-proof” their businesses as the industry heads toward disruption. Further, industry trends have led the traditional accountant model to become “obsolete,” reports said, meaning accountants have to embrace the more strategic role of advisor. “By

Accounting 53

Accounting Accounts Payable Reconciliations Leadership 53

PYMNTS

MAY 1, 2020

“They accept cryptocurrency, facilitate the exchange, charge a professing fee then transfer funds into a bank account in one or two days. Accounts receivable (AR) departments are gradually opening up to digital currency acceptance, but as Roche emphasized, it’s not a transition that will happen all at once.

Currencies 68

Currencies Accounting B2B Reconciliations 68

PYMNTS

JANUARY 26, 2021

marked its third anniversary of adopting its open banking framework, making it the leading market to drive the concept of unlocking customers’ bank account data for integration with third-party solution providers. Last week, the U.K. where there is no open banking regulatory mandate. HashCash Brings Blockchain Tech To Unnamed Bank.

Banking 142

Banking Reconciliations B2B Financial Data 142

CFO Thought Leader

APRIL 30, 2024

Read More An important early chapter of Levine’s professional development was his tenure under Steve Vintz, who at the time was CFO of Vocus, where Levine served as a VP managing both accounting and finance. It was under Vintz’s mentorship that Levine came to appreciate the power of storytelling within financial leadership.

CFO 52

CFO Financial Planning and Analysis (FP&A) Leadership Auditing 52

PYMNTS

APRIL 19, 2019

The shifting role of small business (SMB) accountants is largely driven by the increase in automated solutions available to business owners today. With machines now taking care of repetitive financial tasks, accountants have had to readjust their position from number-cruncher to value-adder to remain relevant. ” Jones explained.

Accounting 61

Accounting Compliance Reconciliations CFO 61

PYMNTS

FEBRUARY 7, 2019

A press release revealed that the company will make its automated accounts payable (AP) solution available to U.K. ’s struggles with late supplier payments post a key challenge to the overall economy, making the market “ripe for accessible AP automation.” the firm announced on Wednesday (Feb.

Accounts Payable 49

Accounts Payable Marketing Invoicing Reconciliations 49

FISPAN

JANUARY 12, 2022

Data feeds eliminate a significant portion of users' frustration with their experience when accessing information reporting and conducting reconciliations for bank clients. Data Quality To support an up-to-date, high-quality user experience, FISPAN goes beyond data aggregation and data passthrough.

Reconciliations 96

Reconciliations Banking Securities Leverage 96

PYMNTS

MARCH 10, 2017

The company said this week that it will roll out an accounts payable solution using a virtual card payment method, a solution, Edenred noted, that “offers security, speed and traceability” for easier supplier payments and reconciliation. Our agreement with CSI demonstrates our ability to forge partnerships and expand into new markets.

Accounts Payable 55

Accounts Payable Accounting Reconciliations Finance 55

PYMNTS

SEPTEMBER 20, 2018

Research published last year from the International Factoring Association (IFA) pointed to the trucking and freight industry as the market that uses invoice factoring solutions more than any other. Invoices submitted for financing by freight factoring firms account for more than one third of all invoices processed for funding, the IFA said.

Accounting 63

Accounting Invoicing Accounts Payable Transportation 63

PYMNTS

AUGUST 2, 2018

Accounts receivable (AR) management solutions provider Invoiced has enhanced its platform through a partnership with U.K.-based GoCardless supports automated reconciliation, said its head of partnerships Josh Sasto in a statement. Payments Market report that found direct debit facilitated 4.2 billion transactions in the U.K.

Invoicing 40

Invoicing Accounting Reconciliations Currencies 40

E78 Partners

JANUARY 5, 2024

Audits are an essential part of ensuring that a company’s financial statements are accurate and compliant with accounting standards. Create an Audit Readiness Team: Identify an audit readiness team and assign responsibilities to ensure accountability. Here are some key steps to get ready for an audit post acquisition.

Auditing 59

Auditing Valuation Concentration Reconciliations 59

PYMNTS

MAY 28, 2020

To automate accounts receivable (AR) for mid-sized companies, HighRadius has rolled out its RadiusOne A/R Suite. The company said that the suite “uniquely positions itself” in a market that is not well-served by providing a cash reconciliation app, eInvoicing and collections app.

Technology 52

Technology Reconciliations Accounts Payable Credit Risk 52

PYMNTS

DECEMBER 30, 2020

The shift toward contextual banking has a tailwind in place as the financial institutions (FIs) that have been market leaders have been seeing strong deposit growth — and as corporate customers are growing those balances, they want to be able to see their account activity and cash balances visible within the same application on demand.

Banking 97

Banking Accounts Payable Treasury Reconciliations 97

PYMNTS

AUGUST 5, 2016

There is seemingly no end to the discussion of how automated accounting can improve a business’ performance. The market is on the cusp of a groundswell of adoption of these technologies, says Therese Tucker, CEO of accounting solutions firm BlackLine , after a long lull among mid-market firms.

Accounting 42

Accounting Reconciliations General Ledger Auditing 42

PYMNTS

OCTOBER 5, 2020

“The shift I have seen there,” she told PYMNTS of healthcare firms, “that was most effective is providers [the vendors] had their way of going through the process either from an [accounts payable] or [accounts receivable] perspective.”. Comdata, she said, has mimicked the flow from claims to invoice to payment to reconciliation.

Healthcare 130

Healthcare B2B Reconciliations Accounts Payable 130

PYMNTS

JUNE 23, 2017

Reports said the key differentiator for AimBrain in the market is its ability to provide plug-and-play solutions so banks and FinTechs can deploy its services all at once or singularly; it also enables a business to enhance its biometric authentication measures should any red flags arise. Corporate Accounting.

B2B 68

B2B Marketing Reconciliations Auditing 68

PYMNTS

NOVEMBER 20, 2020

Whether that means establishing subsidiaries abroad, acquiring customers in new geographic markets, or stepping into a new space via mergers and acquisitions (M&A), even small companies are often global ones. The challenges of international financial workflows don't end once a payment is received and currency conversion occurs, either.

Mergers and Acquisitions (M&A) 61

Mergers and Acquisitions (M&A) Foreign Exchange Reconciliations Currencies 61

PYMNTS

JULY 10, 2019

Some of the biggest industry trends, including faster payments, open banking and bank-FinTech collaboration, have found their ways into the Canadian market, the B2B payments space is not immune to disruption from these shifts. According to Lansdowne-Higgins, among the biggest challenges in accounts payable today is the data silos.

B2B 62

B2B Accounts Payable Mergers and Acquisitions (M&A) Reconciliations 62

PYMNTS

JANUARY 28, 2021

As solution providers position innovative commercial payment solutions in the market, they're increasingly having to benefit both buyers and suppliers. Also tackling the challenge of a lack of supplier card acceptance is WEX, which has just announced a partnership with accounting platform MYOB in Australia.

Accounts Payable 61

Accounts Payable Reconciliations B2B Accounting 61

Future CFO

OCTOBER 24, 2021

There is a lack of scalable solutions in the market, which makes supply chain financing out of reach for many businesses, MasterCard said. As a result, only the largest suppliers can access working capital solutions, while trillions of dollars are tied up in accounts receivable each year, the firm pointed out.

Finance 52

Finance Accounts Payable Reconciliations Accounting 52

PYMNTS

NOVEMBER 16, 2020

Mastercard has added a new Account-to-Account (A2A) service to its Track Business Payment Service , to help businesses exchange data more efficiently and perform payments across multiple rails, a press release says. The A2A features are already available in the U.S. The Track Business Payment Service was rolled out in the U.S.

Reconciliations 81

Reconciliations B2B Leverage Accounting 81

PYMNTS

DECEMBER 8, 2017

The businesses will target mid-market business customers and create a B2B payments hub through Beanworks’ existing BeanPay platform. We’re thrilled to match the quality of Beanworks’ accounts payable automation user experience with a very modern portfolio of payment services.”.

B2B 40

B2B Marketing Accounts Payable Reconciliations 40

Planful

SEPTEMBER 1, 2016

In early August, I was asked to speak at the annual meeting of the American Accounting Association (AAA). The AAA has been around for 100 years and is a community of accounting educators. Most of the attendees of the conference are accounting professors from colleges all around the country, but some were from outside the US as well.

Technology 40

Technology Accounting Auditing Reconciliations 40

PYMNTS

JUNE 16, 2020

That’s true in terms of getting gig work solutions to market, and as a core characteristic of those solutions. In the June 2020 edition of The Gig Economy Tracker® done in collaboration with Tipalti , we find these traits, among others, defining innovation in accounts payable (AP) software. Manual Reconciliation, Begone.

Reconciliations 67

Reconciliations Invoicing Accounts Payable Auditing 67

PYMNTS

FEBRUARY 11, 2020

Cloud accounting firm Xero and payments services company Square are collaborating to offer small businesses a tool for faster invoicing and payments, according to reports on Tuesday (Feb. The transaction is then recorded in Xero automatically as soon as the funds hit the user’s business bank account. and Ireland.

B2B 83

B2B Invoicing Reconciliations Sales 83

PYMNTS

SEPTEMBER 17, 2019

Instead, taking a look at the latest solutions to emerge on the market shows various applications for speed in commercial transactions, from faster deposits for small businesses, to virtual cards enabling faster invoice payments for suppliers. However, it’s not necessarily the ability to pay suppliers in real-time that has companies enticed.

Accounts Payable 43

Accounts Payable B2B Accounting Invoicing 43

PYMNTS

SEPTEMBER 27, 2020

HighRadius will serve the role of helping Commerce Bank modernize its accounts receivable (AR) and treasury operations, as many corporate clients need nowadays. HighRadius also offers services for cash reconciliation, eInvoicing and collections to help those in underserved markets.

Banking 89

Banking Treasury Reconciliations Invoicing 89

PYMNTS

OCTOBER 22, 2020

A perfect storm of market shifts catalyzed by the global pandemic has forever changed the B2B payments landscape. Billtrust CEO and Founder Flint Lane highlighted three shifts in particular that are igniting major change in the industry: first, the accelerated digitization of accounts receivable (AR) and accounts payable (AP).

B2B 89

B2B Education Reconciliations Accounts Payable 89

PYMNTS

MAY 14, 2018

Here’s the idea, according to reports in the Financial Times and elsewhere: The global airline industry — through the International Air Transport Association (IATA) — partners with Deutsche Bank to create a real-time electronics payment system that enables consumers to buy airline tickets through funds in their bank accounts.

Accounting 40

Accounting Banking Reconciliations Transportation 40

PYMNTS

JULY 10, 2019

The service automatically extracts data from invoices, PDFs and other trade documents and automates accounts payable while storing payables information for reconciliation and accounting.

Foreign Exchange 64

Foreign Exchange Accounts Payable Invoicing Reconciliations 64