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. These numbers are only 22.2

Treasury 76

Treasury Invoicing B2B Reconciliations 76

PYMNTS

DECEMBER 30, 2020

As treasury management becomes increasingly digital, a bank’s corporate banking clients face challenges when it comes to modernizing treasury workflows. They can’t wait for end-of-month, or even end-of-week, reconciliation anymore,” she told Webster — and so corporates are pushing their banks to do something different.

Banking 97

Banking Accounts Payable Treasury Reconciliations 97

Simply Treasury

JUNE 3, 2021

Every year, EACT launches a treasury survey to identify top priorities for Corporates. Treasury top priorities. The 2021 EACT survey, as it has become a tradition, attempts early this year to determine what the treasury trends and priorities for multinational companies will be in the next 12 to 24 months.

Cash Flow Forecasting 130

Cash Flow Forecasting Treasury Forecasting Foreign Exchange 130

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. “Companies are increasingly looking to more efficiently manage the accounts payable process,” he said.

Accounts Payable 85

Accounts Payable Accounting Banking Invoicing 85

Bank of the West

NOVEMBER 22, 2021

Here’s what finance executives need to know about R2P and its potential benefits for treasury management. ” These real-time collection platforms trigger payments from bank accounts for collections. What R2P Means for Treasury Operations. What is Request to Pay?

Treasury 98

Treasury Reconciliations Banking B2B 98

PYMNTS

SEPTEMBER 29, 2017

When it comes to corporate treasury, business clients demand robust solutions and services from their banks, and FinTech players are stepping in to help. But the banks themselves also have complex demands for their own treasury departments, which, like other corporations, must be able to manage finances, risk and compliance.

Treasury 56

Treasury Banking Compliance Risk Management 56

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

SEPTEMBER 27, 2020

HighRadius , a FinTech working in automation for order-to-cash and treasury management, has announced an expanded strategic relationship with Commerce Bank , according to a press release. HighRadius also offers services for cash reconciliation, eInvoicing and collections to help those in underserved markets.

Banking 89

Banking Treasury Reconciliations Invoicing 89

PYMNTS

JULY 8, 2016

In a recent announcement within the treasury management space, EDI Gateway, a service provider specializing in SMBs and focused on enterprise resource planning and B2B applications, linked up with AZUR , a cloud-based treasury management firm, to offer the latter’s eFinancialSuite to vendors.

Treasury 40

Treasury Reconciliations B2B Forecasting 40

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

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

FEBRUARY 1, 2021

Smooth accounts payable and receivable processes depend on the ability to easily access, manage and interpret payments data, but complex workflows and old-school tools can get in the way. Reconciliation Challenges. Call For Integrations.

Accounts Payable 93

Accounts Payable Reconciliations Invoicing Treasury 93

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. When it comes to data, beware the swivel chair. But embrace integration. Reports are backward-looking.

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

Lisa Lansdowne-Higgins, vice president of business deposits and treasury solutions at the Royal Bank of Canada (RBC), recently told PYMNTS that these three disruptors have a significant opportunity to shake up accounts payable processes thanks to the impact they have on data. Open Banking. Bank-FinTech Collaboration.

B2B 62

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

PYMNTS

NOVEMBER 11, 2020

Back office modernization is in the spotlight like never before, and solutions that streamline accounts payable (AP) and accounts receivable (AR) functions are in high demand. Automation could go a long way toward streamlining some of these problems, however, freeing up treasury professionals to focus on more pressing duties.”.

Accounts Payable 87

Accounts Payable Invoicing Treasury Reconciliations 87

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

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

MARCH 16, 2020

In addition, the deal will allow better reconciliation of payments with the matching invoices. Risk will be less of an issue because of the increase in transparency and tighter control on foreign exchange payments, along with the currency exposures for those with stake in procurement and treasury.

SAP 99

SAP Foreign Exchange Reconciliations Currencies 99

PYMNTS

FEBRUARY 11, 2020

The Royal Bank of Canada (RBC) is the first Canadian financial institution to offer businesses Interac eTransfer: Bulk Request Money for the efficient management of accounts receivable (AR), RBC announced Tuesday (Feb. We’ve digitized the manual reconciliation process and eliminated the need for expensive, paper-based [checks].

Banking 57

Banking Reconciliations Treasury Leverage 57

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

OCTOBER 18, 2020

For HighRadius, Buxton will be responsible for the company’s global finance and accounting organization, alongside corporate development and dealing with investor relations. HighRadius also rolled out its HighRadius A/R suite to boost accounts receivable (AR) automation in May.

CFO 64

CFO Finance Reconciliations Credit Risk 64

PYMNTS

SEPTEMBER 17, 2019

SMBs using the WePay platform can now see funds deposited into their Chase bank accounts the same day without extra fees, a feature resulting from JPMorgan ’s acquisition of WePay in late-2017. JPMorgan Chase announced a collaboration with WePay last week to enable faster deposits for small business joint customers.

Accounts Payable 43

Accounts Payable B2B Accounting Invoicing 43

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. Businesses don’t want somebody setting their hands on large payments like that.”. Deepening Data Ties.

B2B 116

B2B Invoicing Reconciliations Treasury 116

PYMNTS

DECEMBER 28, 2020

But careful examination of what tech is needed — and where — can result in positive ripple effects that improve operations well beyond the corporate treasury department. Cost is only one consideration. Banks have been creating their own IT scripts and technology stacks for decades. Where The Banks Are Focused .

B2B 86

B2B Accounts Payable Treasury Reconciliations 86

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.

B2B 70

B2B Reconciliations Accounts Payable Prioritization 70

Strategic Treasurer

JANUARY 6, 2022

Coffee Break Session Host Alexa Cook catches up with Strategic Treasurer’s Managing Partner, Craig Jeffery, to discuss what RTP is and how it can be advantageous from a treasury perspective. Hey guys, welcome to The Treasury Update Podcast Coffee Break Session. Hey guys, welcome to The Treasury Update Podcast Coffee Break Session.

Treasury 52

Treasury Concentration Reconciliations Banking 52

PYMNTS

APRIL 11, 2017

That includes line-item details, Visa said, with that data able to integrate into reconciliation tools. Visa’s collaboration with Amazon Business and our bank partners will ultimately help our commercial account holders in the U.S.

Reconciliations 40

Reconciliations B2B Auditing Treasury 40

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

OCTOBER 31, 2019

In a recent interview with PYMNTS, Deluxe Corporation CEO Barry McCarthy, discussed the continued relevance and importance of the lockbox for corporates’ accounts receivable (AR) operations today. In a macro sense in accounts receivable, it’s this same challenge. What is the role of a lockbox today? What is its historical role?

Reconciliations 43

Reconciliations Invoicing B2B Treasury 43

Future CFO

JULY 19, 2021

But the challenges we have faced in the past 12-18 months have received great focus and highlighted the need for good accounts receivable and credit management now. This results in an increasing amount of unapplied cash and an increase in the amount of re-work required to complete the reconciliation. A Catalyst for Change.

Cash Management 52

Cash Management Reconciliations Treasury Sales 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

OCTOBER 20, 2019

The new offering will make it easier for consumers to view, manage and pay telecom, utility, rent, credit card, mortgage and other bills without the hassle of having to set up different accounts, track multiple passwords, and log in to multiple websites.

Reconciliations 45

Reconciliations Treasury Communication Banking 45

PYMNTS

MARCH 17, 2020

Morgan’s Head of Wholesale Payments Solutions Lia Cao, corporate treasury solutions must be digital, flexible and holistic. If I’m real-time on the front end, how do I think about back-end reconciliation? According to J.P. These strategies allow a financial institution like J.P. Cao said. “If

Treasury 69

Treasury Reconciliations Banking Compliance 69

CS Lucas

APRIL 28, 2023

This article provides an overview of the integration between banks and the CS Lucas Treasury Management System, highlighting the benefits, methods, and costs of integration. The bank statements and balances provide up-to-date information on the account balances and transactions, which are essential for cash planning and fund tracking.

Banking 52

Banking Reconciliations Transportation Securities 52

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.

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