PYMNTS

DECEMBER 18, 2020

For the new B2B Payments Innovation Readiness Playbook: Adapting to Cash Flow Challenges Posed by the Pandemic , a PYMNTS and American Express collaboration, researchers surveyed over 2,200 treasury executives from small to large businesses across several verticals. The Most Problematic Areas. percent), manual processes (49.2

Treasury 76

Treasury Invoicing B2B Reconciliations 76

Strategic Treasurer

NOVEMBER 7, 2022

Both efficiency in cash application and prioritization of cash forecasting have been top goals of AR groups and treasury teams for over five years. Consider how both efficiency in cash application and prioritization of cash forecasting have been top goals of AR groups and treasury teams for over five years.

Forecasting 52

Forecasting Prioritization Treasury Education 52

PYMNTS

JUNE 19, 2020

The Prioritized Paycheck Protection Program (P4) Act would allow businesses with fewer than 100 employees to get a second loan. ” The senators told Treasury Secretary Steven Mnuchin about their plan to advance the proposal during a recent Small Business Committee.

Prioritization 91

Prioritization Accounts Payable Treasury Economics 91

PYMNTS

DECEMBER 26, 2019

The last decade of B2B FinTech innovation not only led to an explosion of product options for businesses to manage a variety of processes, including accounts receivable (AR), accounts payable (AP) and accounting. In this kind of dynamic and uncertain environment, it can be tough for business leaders to prioritize and execute.

Accounting 53

Accounting B2B Accounts Payable B2C 53

PYMNTS

FEBRUARY 1, 2021

If at that time, someone would have asked Citi Managing Director and Global Head of Domestic Payments and Receivables Anupam Sinha how long it would take for corporate treasury organizations to fully embrace digital , he said his answer would likely have been something along the lines of, “Don’t hold your breath.”. he explained.

B2B 94

B2B Treasury Accounts Payable Cash Management 94

PYMNTS

SEPTEMBER 28, 2020

Businesses and consumers must prioritize cyber resilience and recognize that it is everyone's responsibility to protect their data," said OpenText CEO and Chief Technology Officer Mark J. million was stolen from one company via accounts payable (AP) fraud , the Chicago Tribune reported. Barrenechea in a statement. 45 percent of U.S.

Accounts Payable 96

Accounts Payable Invoicing Treasury B2B 96

CFO Thought Leader

JULY 18, 2023

Back in 2006, Campbell, a seasoned treasury executive, had been recruited to help to build a robust treasury function for Ameriprise Financial, the recently spun-off financial planning division of American Express. We help them to really automate their accounts receivable.

CFO 52

CFO Treasury Finance B2B 52

PYMNTS

SEPTEMBER 23, 2020

Intelligent Collections will provide real-time visibility and predictive tools to show accounts receivable departments which accounts might be late on payments or delinquent, according to the release.

Corporate Finance 70

Corporate Finance Finance Cash Flow Forecasting Vendor Management 70

PYMNTS

DECEMBER 8, 2020

Panelists joining PYMNTS CEO Karen Webster included Ingo Money CEO Drew Edwards ; Wells Fargo Senior Vice President, Head of Global Payables, Treasury Management Michelle Ziolkowski ; and J.P. Morgan Managing Director Industry Head for Public Sector Treasury Services, Wholesale Payments Eva Robinson. Headaches, Everywhere.

Treasury 73

Treasury Prioritization Leverage Banking 73

PYMNTS

JANUARY 11, 2021

While the trend of corporate treasurers seeking ways to enhance the global visibility of bank accounts and payment flows was clearly there well before the pandemic, said Georgakopoulos, what changed was a sense of urgency from clients to move to a digital environment with a renewed focus on guiding their organizations through the volatility.

Treasury 79

Treasury B2C Prioritization Healthcare 79

PYMNTS

DECEMBER 16, 2020

Veem’s growth of its multi-rail technology functions come on top of the company’s commitment to providing an experience in which cost, speed and safety are prioritized. Transactions can now be directed via six rails, including checks, cards, SWIFT, treasury, blockchain and digital wallet, the announcement stated.

B2B 60

B2B Prioritization Treasury Technology 60

Strategic Treasurer

JULY 7, 2022

Proper prioritization requires insights, and insights require visibility across cash, accounts receivable, inventory, and accounts payable. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit.

Accounts Payable 93

Accounts Payable Prioritization Leadership Education 93

Beacon CFO Plus

MARCH 13, 2023

When part-time CFO services are provided, the time spent on-site at the client can cover a variety of tasks: treasury, cash flow, insurance, accounting, strategy, logistics of systems (if your company is growing), as well as risk management.

CFO 52

CFO Leadership Prioritization Treasury 52

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.

Cash Flow Forecasting 139

Cash Flow Forecasting Banking Education Reconciliations 139

PYMNTS

SEPTEMBER 19, 2019

As a result, treasurers must grapple with the notion (and the needs) of cash crossing accounts many times a day. Indeed, the broader embrace of real-time payments, and real-time management of treasury functions, will take a little time, as savvy observers have prognosticated. And now we are verging toward a fully real-time world.

Treasury 46

Treasury Cash Management Foreign Exchange Budgeting 46

PYMNTS

NOVEMBER 19, 2020

With new digital business models rapidly evolving, sell-side organizations must prioritize a seamless experience for their clients at the very first moment of interaction. But onboarding isn't just about obtaining bank account or payment details of a potential buyer. "You Onboarding Optimization.

B2B 105

B2B eCommerce B2C Prioritization 105

CFO Thought Leader

AUGUST 14, 2023

Bennion: Paystand offers a next-generation B2B payments platform to midmarket enterprise customers that enables them to achieve what we like to call “radically better treasury economics.” These are the things that we’ll be prioritizing over the next 12 months.

CFO 52

CFO Finance Prioritization Leadership 52

PYMNTS

AUGUST 15, 2019

This would enable recipients to see detailed payroll information when viewing their personal bank account balances. Mass adoption requires companies to prioritize implementation and dedicate the necessary funds and staff to do so. More precise payment information could also facilitate quick, straight-through processing. .

Treasury 58

Treasury Prioritization Compliance B2B 58

PYMNTS

JULY 28, 2020

Although the enterprise continues to accelerate its digitization efforts, chief financial officers keep hitting roadblocks when it comes to modernizing workflows regarding accounts payable (AP) and embracing electronic payments. Monetizing The Virtual Card.

B2B 70

B2B Reconciliations Accounts Payable Prioritization 70

Strategic Treasurer

JANUARY 3, 2022

Host Craig Jeffery kicks off the 2022 Outlook series with a conversation with Jon Paquette, Senior Financial Solutions Expert at TIS (Treasury Intelligence Solutions), on the outlook of payments. They discuss technology developments that will likely have the biggest impact on treasury in 2022. Host: Craig Jeffery, Strategic Treasurer.

Treasury 52

Treasury Cash Flow Forecasting Forecasting Banking 52

PYMNTS

JUNE 30, 2016

But not every firm is prioritizing the use of technology that can provide more sophisticated financial forecasting. Treasury management technology firm Reval says Brexit makes it painfully clear that, for those businesses not conducting contingency and scenario planning, their financial situations are far less stable.

Budgeting 40

Budgeting Treasury Forecasting Prioritization 40

PYMNTS

DECEMBER 14, 2018

The company’s technology automates the aggregation and normalization of financial data in real time, across bank accounts and other financial portals, via open banking and application program interface (API) technologies. This week, the company announced a $17.5

B2B 51

B2B Startups Treasury Financial Data 51

PYMNTS

MARCH 1, 2019

Providing incorrect recipient account numbers, routing funds to closed beneficiary accounts or mismatching numbers and names are just a few potential pitfalls. Such delays in business-to-business (B2B) cash flows can cause dramatic concerns for suppliers. Even simple banking data errors can result in holdups.

Prioritization 43

Prioritization Treasury B2B Banking 43

PYMNTS

MARCH 30, 2017

Many small British businesses make invoice payments, pay salaries and manage their treasury accounts overseas.”. Separate analysis from East & Partners found that only about a quarter of SMEs were prioritizing FX risk mitigation, a figure that shrinks when focused only on U.S. small businesses.

Foreign Exchange 43

Foreign Exchange Prioritization Currencies Treasury 43

PYMNTS

NOVEMBER 19, 2019

And then, for corporate treasury professionals, there are really bad days. As funds move across banks, from accounts to account, they can be hard to track. Centralization of treasury functions can be a powerful enabler to ensure that the right controls and contingency processes are applied consistently.

Treasury 40

Treasury Communication Prioritization Securities 40

PYMNTS

OCTOBER 30, 2020

To examine how businesses weigh factors like cash flow reporting and ease of adoption to arrive at their decisions, PYMNTS caught up with Adam Carter , vice president of global treasury management, faster payments at U.S. Fifty-six percent of demand deposit accounts in the U.S.

B2B 59

B2B Economics Banking Prioritization 59

PYMNTS

APRIL 2, 2020

And, having worked with federal officials on parts of this massive disbursement project already, he noted, they are well aware that prioritizing the speedy flow of funds to those who need it will have costs. “In In our broader conversations around the disbursement side of the $2.2 The delays, Speight noted, will likely not be profound.

Banking 99

Banking Prioritization Treasury Numbers 99

PYMNTS

OCTOBER 29, 2018

This is especially true in finance-related functions like accounting, procurement, payroll and treasury, and a new survey from Workday suggests chief financial officers are recognizing the opportunities in a more collaborative approach to their positions.

CFO 58

CFO Corporate Finance Finance Risk Management 58

PYMNTS

JULY 26, 2019

Banks’ adoption of these services is not necessarily easy: They must identify use-cases for a service, adjust its treasury management operations, and adjust the way it both executes outbound payments and credits incoming ones to its corporate customers.

Foreign Exchange 64

Foreign Exchange B2B Prioritization Banking 64

E78 Partners

APRIL 13, 2023

Integration Management: We will deploy our playbook, proven processes templates and tools led by successful M&A experts along with our synergy tracking framework to prioritize KPIs, all supported with the functional expertise to drive a successful deal. We are highly involved with all parties to deliver an effective operational playbook.

Financial Planning and Analysis (FP&A) 52

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

PYMNTS

JANUARY 27, 2021

The ability to view account balances, initiate payments and apply cash within a unified platform can yield major benefits for corporate treasurers, boosting financial visibility through bridging the usually siloed operations of banking, accounting, accounts payable (AP), accounts receivable (AR) and more.

Banking 115

Banking Accounts Payable Treasury Prioritization 115

PYMNTS

SEPTEMBER 17, 2018

This was not a payment going to a business bank account but to his personal account, which probably does double duty as his business bank account for all I know. Neither he nor his bank could figure out how to connect his account in order to accept my payment. He has a PayPal account, so that’s how I’ll pay him today.

Invoicing 78

Invoicing Accounting Banking B2B 78

CFO News Room

DECEMBER 26, 2022

stocks (which have a lengthy track record of outperforming inflation over long time horizons) and Treasury Inflation-Protected Securities (TIPS). Because of the structure of the tax code, there are often ‘add-on’ effects created by adding or subtracting income – and these effects aren’t accounted for when simply looking at one’s tax bracket.

Planning 130

Planning Benchmarking Profit and Loss Communication 130

CFO News Room

NOVEMBER 8, 2022

But we want it on the calendar so that we keep clients and ourselves accountable so that we make sure that those meetings actually do happen. And I said, “Look, you’ve got to look at where we are with valuations, and you have to look at where the 10-year Treasury is at. Is it at 1.5%?”

Restructuring 130

Restructuring Planning Accounting Marketing 130

Bramasol

DECEMBER 14, 2023

With our core focus on financial applications such as order-to-cash, revenue recognition, subscription-billing, leasing, treasury and other solutions, Bramasol has significant experience in virtually all aspects of S/4HANA migration that involve the Office of the CFO.

Technology 88

Technology SAP IFRS Compliance 88

CFO News Room

JANUARY 23, 2023

Treasury Secretary Janet Yellen announced last week that the federal government had reached the statutory debt limit and that her department had begun “extraordinary measures” to meet required spending obligations. These accounts are fed on an ongoing basis by both tax revenues and the proceeds from selling bonds (debt).

Economics 130

Economics Treasury Budgeting Securities 130

PYMNTS

APRIL 5, 2020

As PYMNTS checked the site over the weekend, the banking giant said SMBs and independent contractors could apply through the site, providing they had a Wells Fargo Business Checking account as of Feb. Prioritization of Loans. But now just heard from #smallbusiness with a BOA account & a 400k line of credit they paid off.

Banking 61

Banking Prioritization Treasury Accounting 61