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. There are a lot of treasury management issues out there that need to be addressed,” he told PYMNTS in a recent interview.

Accounts Payable 57

Accounts Payable Accounting B2B Reconciliations 57

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

JANUARY 31, 2018

That’s a metaphor, of sorts, and a caution for treasury management professionals as they navigate their swivel chairs, swiveling between spreadsheets on their desks, computer screens on desktops and even apps on their phones and tablets. That expectation has been driven, in part, by various market segments. But embrace integration.

Treasury 46

Treasury CFO Reconciliations Banking 46

PYMNTS

NOVEMBER 7, 2017

Citi’s Treasury and Trade Solutions is bringing its accounts receivable (AR) Payer ID solution to more markets around the globe. The accounts receivable solution enables companies to gain visibility into incoming payments for greater working capital management, Citi explained.

Reconciliations 48

Reconciliations Treasury B2B Cash Management 48

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

The Finance Weekly

JANUARY 22, 2024

CFOs need strong finance and accounting skills, along with years of experience, to find ways to enhance the organization's financial well-being. The CFO may work with the finance and accounting team to predict the effects of different operational decisions. Resolve accounting and finance problems.

CFO 52

CFO Education Communication Leadership 52

PYMNTS

OCTOBER 18, 2020

Buxton previously worked for cloud application monitoring platform Datadog as VP of finance, where he led the company to a $9 billion valuation and a current market capitalization of upwards of $25 billion, with the number of employees growing from 100 to 2,000 during his tenure, the release says.

CFO 64

CFO Finance Reconciliations Credit Risk 64

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

APRIL 14, 2020

The digital transformation of corporate treasury is not a destination; it’s a journey. As a treasurer, maybe you would conquer the first few things, which are visibility and reconciliation, and then you would move into other niche areas that you want to automate further to add strategic value to the business.”.

Cash Flow Forecasting 92

Cash Flow Forecasting Treasury Foreign Exchange Benchmarking 92

PYMNTS

NOVEMBER 25, 2020

This combination of facilitating payment and data connectivity was the motivation behind Transcard's launch of automated account-to-account (A2A) transactions. The Account-To-Account Connection. The Account-To-Account Connection. Deepening Data Ties.

B2B 116

B2B Invoicing Reconciliations Treasury 116

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

NOVEMBER 7, 2018

“Corporate treasurers are increasingly seeking to manage their payments functions in real-time to enhance control and visibility of their cash flows,” Steve Evans, head of Corporate Liquidity and Bank Treasury, FIS, said in a press release. million payments annually.

Treasury 58

Treasury Reconciliations Leverage eCommerce 58

PYMNTS

MARCH 17, 2020

Morgan’s Head of Wholesale Payments Solutions Lia Cao, corporate treasury solutions must be digital, flexible and holistic. For traditional banks, FinTech collaboration and acquisitions provide the speed-to-market that is so vital today. If I’m real-time on the front end, how do I think about back-end reconciliation?

Treasury 69

Treasury Reconciliations Banking Compliance 69

PYMNTS

FEBRUARY 28, 2020

One of the latest FinTech firms to do so is accounts payable (AP) automation company Centsoft , which recently announced a data integration with QuickBooks Online. It’s one thing to enable two B2B FinTech platforms — like an accounts payable and accounting platform — to share data with each other. B2B payments market.

Accounts Payable 83

Accounts Payable Banking Invoicing B2B 83

PYMNTS

OCTOBER 27, 2016

26) its latest tool, APConnector, as a way to automate and digitize accounts payable, while integrating that process into existing ERP systems. “APConnector removes a primary barrier to virtual card adoption: accounts payable system integration,” explained Bob Kaufman, U.S. The bank announced Wednesday (Oct. “U.S. .

Accounts Payable 62

Accounts Payable Reconciliations Treasury B2B 62

PYMNTS

DECEMBER 12, 2019

That’s surprising for several reasons, and here’s a good one: nearly 70 percent of accounts payable (AP) professionals say suppliers value payments speed above all. The robust activity in B2B API development points to a highly configurable world of faster payments, greater transparency, and the flexibility markets now demand.

B2B 52

B2B Accounts Payable Reconciliations Healthcare 52

PYMNTS

MAY 13, 2020

While the pandemic has created unique circumstances of immeasurable strain and pressure on the global market, it’s also emboldened many to rise to the occasion and ensure business continues to flow with as little disruption as possible. 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

MAY 24, 2017

The Tracker, the firm explained, offers an end-to-end view of those transactions, providing businesses with a notification when funds land at a recipient’s account for faster, more accurate account reconciliation and invoices.

Reconciliations 43

Reconciliations Treasury B2B Invoicing 43

PYMNTS

DECEMBER 18, 2019

Citi is one of those players, having recently rolled out a string of business payment solutions with a focus on global accounts payable and accounts receivable. Insurance companies make up one of the largest markets for this transaction type, though, as Magats noted, it’s far from the only use case.

B2C 52

B2C Accounts Payable B2B Accounting 52

PYMNTS

NOVEMBER 21, 2018

With pressure mounting for the enterprise to digitize, accounts payable automation is seen as a crucial part of achieving greater efficiency, cost savings, visibility into spend and strengthening of vendor relationships, to name a few benefits. But when it comes to money, businesses may be reluctant to hand the reins to a third party.

Accounts Payable 63

Accounts Payable Invoicing Reconciliations Accounting 63

PYMNTS

JULY 4, 2016

The majority of corporations also said they manage more than 100 accounts, a feature that “makes it very difficult to implement consistent payment processes, controls and formats, adding significantly to the cost and risk associated with payments,” FIS concluded. “What we see in the U.S.

Treasury 41

Treasury Reconciliations Cash Management Banking 41

PYMNTS

JANUARY 26, 2017

“Processing corporate payments as peer-to-peer, directly on blockchains, gives for instant settlement and, therefore, real-time reconciliation and accounting,” the company said. Real-time payments and reconciliation, the company added, could be a major boost to corporate cash management efforts, too. A Realistic Approach.

SAP 57

SAP Invoicing Reconciliations B2B 57

PYMNTS

OCTOBER 30, 2019

Open banking jumped onto the financial services scene with a focus on enabling consumer-facing FinTech platforms to connect with their users’ bank account data. The model quickly gained traction and today is accelerating its expansion into B2B financial services, too. Open Banking Targets Corporates.

Banking 41

Banking Foreign Exchange B2B Accounting 41

Finvisage

DECEMBER 31, 2019

The cafe chain is fighting for survival after revealing on Wednesday it had uncovered “significant, and potentially fraudulent, accounting irregularities” Mr Marsh had been suspended when these problems were discovered. The oil market has a long and colorful history of trading busts. Sample of Risk Mitigation activities.

Reconciliations 52

Reconciliations Financial Analysis Accounting Construction 52

PYMNTS

NOVEMBER 15, 2019

Today, however, a sudden shift in the market has seen corporates thrusting the commercial card into the center of the conversation about how to optimize their supplier payment practices. Traditionally, the cost and administrative burden of card acceptance has kept the tool from gaining traction in accounts payable.

B2B 53

B2B Accounts Payable Cash Management Reconciliations 53

PYMNTS

AUGUST 13, 2019

that has led to a depreciation of the pound are having widespread impacts throughout supply chains with touchpoints in the markets. But that, he said, is also one of the largest challenges in this market. The continuing uncertainty over Brexit and geopolitical volatility in the U.K. Reports Monday (Aug.

Foreign Exchange 72

Foreign Exchange Accounts Payable Risk Management Reconciliations 72

PYMNTS

OCTOBER 13, 2020

In a panel discussion with Karen Webster, six payments, banking and FinTech executives weighed in on the very nature of change that is transforming treasury banking and corporate clients in real time. Morgan Chase ; and Brad Windbigler , head of treasury and investor relations at Western Union. Setting the Stage.

Treasury 76

Treasury Banking B2B Reconciliations 76

PYMNTS

MARCH 14, 2017

Whether it’s checking a bank account balance or placing an order online, consumers expect fast, convenient and immediate results. Now, a number of individual network solutions like Visa Direct also support a push versus pull of funds so that money can instantly be funded back to a card or account.

Reconciliations 40

Reconciliations Accounting Treasury Banking 40

PYMNTS

MARCH 6, 2019

One area where elimination of such processes can be of benefit is treasury management — specifically, reconciliation of transactions and liquidity management. Much of the operations are limited by the time zone/region and cutoff times for various markets,” he said. Real-Time Window To Treasury Management.

Treasury 75

Treasury Auditing Foreign Exchange Pharmaceutical 75

Bramasol

APRIL 15, 2024

Scenario One - Insights to Action It's important to remember that traditional AI has actually been used in business for decades, in the form of machine learning, chatbots, predictive analytics, personalized marketing, etc. to drive financial models. Options for quickly simulating multiple models for comparative analysis and decision-making.

SAP 88

SAP Financial Planning and Analysis (FP&A) Compliance Reconciliations 88

PYMNTS

NOVEMBER 20, 2019

Citi is streamlining the cross-border collections process for its corporate treasury clients, the financial institution said Wednesday (Nov. Citi noted traditional methods of cross-border accounts receivable are inefficient, involving multiple collections service providers with silos between invoicing, collection and reconciliation.

Accounting 83

Accounting Reconciliations Invoicing Currencies 83

PYMNTS

SEPTEMBER 4, 2018

In its “ The road to real-time treasury ,” Deutsche Bank urges treasurers to get ready for a world of real-time transacting. Deutsche Bank noted that this can have multiple positive impacts on corporate treasury, including faster cross-currency payments, faster FX exposure management, and faster actions taken to address FX volatility.

Treasury 44

Treasury Foreign Exchange B2B Accounts Payable 44

CFO Leadership

MARCH 31, 2022

Global operations make it more challenging for small treasury teams in mid-market companies to handle day-to-day operations efficiently and securely. New currencies, global banking structures, regional regulations, disparate processes, and disconnected systems all add complexities to the treasury operations.

Treasury 52

Treasury Cash Management Currencies Reconciliations 52

PYMNTS

OCTOBER 20, 2020

In the bid to modernize B2B payments , accounts receivable (AR) and accounts payable (AP) need to work together. Despite a slew of sophisticated AP/AR solutions in the market, there still exists a disconnect, where manual processes are a hallmark of activities that occur before and after transactions actually happen.

B2B 104

B2B Accounts Payable Treasury Invoicing 104

PYMNTS

MARCH 9, 2020

FinTechs are keeping an eye on the needs of banks and their corporate clients in today’s market. As it stands, there is significant manual effort occurring in treasury departments where workers are engaged in the cash reconciliation process — receiving the payment, depositing it at the bank, and then updating the customer’s account.

Banking 66

Banking Treasury Reconciliations Budgeting 66

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. This difference also makes payment reconciliation more complicated from an accounting standpoint (e.g., banking fees).

Finance 98

Finance SAP Leadership Cash Management 98

PYMNTS

OCTOBER 31, 2017

For the receivers of those checks, there’s another major argument in favor of the clunky, manual and insecure payment rail, according to Deluxe Treasury Management Solutions Vice President Gary Cawthorne. According to Cawthorne, banks are really perking up to small businesses’ (SMBs) needs in treasury management.

Invoicing 41

Invoicing Treasury Reconciliations B2B 41