PYMNTS

JUNE 21, 2016

It places a lot of pressure on corporate money managers to keep up with the latest innovations and maintain a competitive edge. Anybill recently announced that data from its accounts payable services integrates into the accounting platform of QuickBooks. “They want it automated. .” It’s healthy.

Accounts Payable 42

Accounts Payable Accounting SAP Corporate Finance 42

PYMNTS

MARCH 27, 2019

Accounts payable (AP) automation company Tipalti is expanding its reach into the market by partnering with three new B2B companies, which will extend Tipalti’s solutions to their own customers. The enhanced integration aims to strengthen control and communication for both ends of the transaction.

B2B 46

B2B Accounts Payable Reconciliations Cash Management 46

PYMNTS

APRIL 29, 2016

In an announcement on Wednesday (April 27), APEX Analytix revealed a four-step cash management strategy to combine data analytics and supplier management tools. Accounts payable and procurement are partnering with treasury to look at cash management more holistically,” the executive said.

Cash Management 40

Cash Management Accounts Payable Treasury Invoicing 40

PYMNTS

JULY 21, 2017

Small business accounting and cash management took home the gold this week, with two startups raising a collective $93 million in funding. But the streak of B2B FinTech investments continues for startups of several industries, including cybersecurity, alternative finance and more. Canada and India. Cybersecurity.

Cash Management 40

Cash Management Startups Invoicing Accounts Payable 40

PYMNTS

NOVEMBER 15, 2019

Traditionally, the cost and administrative burden of card acceptance has kept the tool from gaining traction in accounts payable. But shifting priorities among buyers and suppliers have elevated the opportunity for cards to meet changing cash management needs. One hurdle for the rail revolves around data.

B2B 53

B2B Accounts Payable Cash Management Reconciliations 53

PYMNTS

AUGUST 25, 2016

Analysts found a major gap in how executives understand the connection between everyday financial functions, like inventory management, accounts payable and accounts receivable, and cash flow. Surprisingly, 7 percent admitted they have no strategic plan, nor do they plan to create one.

Cash Management 40

Cash Management Manufacturing Accounts Payable Profit and Loss 40

PYMNTS

DECEMBER 30, 2020

As they need to move into more robust back-end services, said Shields, these expanding companies take a more granular look at their treasury and payment services — and banks must have a strong payments and cash management integration with ERP. Many-To-Many Markets . Thus far, the markets are “many to many,” as Shields put it.

Banking 97

Banking Accounts Payable Treasury Reconciliations 97

PYMNTS

APRIL 23, 2020

Unfortunately, independent contractors have also frequently been left out of the picture for traditional banks and even newer FinTechs despite the recent influx of small business cloud accounting apps and other B2B FinTech platforms. Accounts payable is the money you owe your suppliers. That means cutting out the jargon.

Accounting 56

Accounting Accounts Payable Invoicing Cash Management 56

PYMNTS

JULY 2, 2020

Often at the center of this initiative is the accounts payable (AP) department — and unsurprisingly for these volatile times, the strategy can turn toward lengthening the days payable outstanding (DPO). Some businesses are only just beginning their commercial card journeys as part of a broader push to digitize B2B payments.

Economics 104

Economics Accounts Payable B2B Reconciliations 104

PYMNTS

JUNE 21, 2018

But a company’s interest and efforts to adopt new technologies does not always mean that all B2B payment processes are improved. Instead, new research suggests that the enterprise is embracing some tools and tech (but not all), and applying them to some aspects of B2B payments (but not all).

Accounts Payable 44

Accounts Payable B2B Invoicing Prioritization 44

PYMNTS

APRIL 1, 2016

Electronic payments and FinTech can help businesses across the board improve time and cash management, but each industry is different in the types of solutions they need and the progress with which they adopt more sophisticated tools. Baseball may be America’s pastime, but CSI globalVCard recently made moves to expand across the globe.

B2B 40

B2B Accounts Payable Cash Management CFO 40

PYMNTS

DECEMBER 5, 2019

After all, money exits a company through more than one avenue, whether it be via the accounts payable department or a firm’s own employees. Many of those pain points are, by now, well-known in the B2B payments space. Understanding businesses’ biggest payment pain points requires a wide line of sight.

Accounts Payable 52

Accounts Payable B2B Problem Solving Nonprofit 52

PYMNTS

SEPTEMBER 20, 2017

JPMorgan Chase is the latest financial institution to team up with a B2B payments FinTech. 19) announced news that JPMorgan is partnering with Bill.com to integrate its B2B payments technology into its own Chase platforms early next year. It’s not JPMorgan’s first FinTech partnership in its effort to boost B2B services.

B2B 50

B2B Invoicing Cash Management Accounting 50

PYMNTS

JULY 16, 2019

We’re able to place ourselves in the middle of B2B payments because B2B sellers often face long payment terms until getting paid, administrative burden to handle collections on unpaid invoices, and severe economic risks from payment defaults,” explained the firm’s Co-Founder Dr. Matthias Knecht in an interview with the publication.

Finance 40

Finance Invoicing B2B Accounts Payable 40

PYMNTS

APRIL 1, 2016

Corporations have been chastised in recent years as floods of new data reveal the ongoing prevalence of paper checks in B2B payments. Bank’s head of receivables solutions for treasury management. The B2B payments space, on the other hand, not so much. The B2B space has, historically, had challenges.”. B2C To B2B.

B2B 41

B2B Accounts Payable B2C Banking 41

PYMNTS

FEBRUARY 14, 2017

Mastercard struck a deal to help automate the accounts payable process for businesses in the United Arab Emirates , reports said Sunday (Feb. The credit card firm inked a partnership with technology firm Swipezoom, which operates in both the B2B and B2C spaces. ”

Accounts Payable 40

Accounts Payable B2C B2B Invoicing 40

PYMNTS

OCTOBER 17, 2017

In B2B payments, it’s not just the movement of money that’s a pain point for companies — it’s the tracking of that payment and the ability to reconcile those transactions that can be a major headache for both payers and payees. In an announcement on Tuesday (Oct. In an announcement on Tuesday (Oct.

Reconciliations 47

Reconciliations Accounts Payable B2B Cash Management 47

PYMNTS

MARCH 1, 2016

deals were also joined by B2B companies. Meanwhile, AvidXchange, which provides accounts payable and automation solutions for corporations, also landed among the elite with a $225 million funding round led by Bain Capital in September. The alternative lending platform focuses on student lending, but some of the top U.S.

B2B 40

B2B Foreign Exchange Accounts Payable Startups 40

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. That information is then easy to process for generating insights and informing cash management decisions. .

Accounts Payable 93

Accounts Payable Reconciliations Invoicing Treasury 93

PYMNTS

JUNE 21, 2016

The B2B payments space has seen significant growth thanks to developers that often focus either on the accounts receivable or accounts payable side of cash management. A new partnership in the industry, however, brings both AR and AP management together.

Accounts Payable 43

Accounts Payable Invoicing B2B Education 43

PYMNTS

NOVEMBER 16, 2018

In a week of multiple nine-figure venture capital funding rounds, B2B FinTech has proved it plans to end the year on a high note. Below, PYMNTS breaks down the more than $912 million raised by B2B FinTech firms this week. Automation Anywhere. Purpose Financial LP led the funding round, reports said.

Accounts Payable 77

Accounts Payable Foreign Exchange Currencies Startups 77

PYMNTS

DECEMBER 11, 2019

Those pain points expand far beyond the retailer’s walls, too, as these businesses are forced to figure out how to utilize high volumes of cash to make payments to their B2B suppliers. Traditionally, B2B commerce is conducted over the phone and via email. An Emerging Late Payments Problem. “Sometimes they forget.

B2B 52

B2B Invoicing Accounts Payable Compliance 52

PYMNTS

SEPTEMBER 4, 2018

Research from NACHA – The Electronic Payments Association found that only 6 percent of the nearly 2 million same-day ACH transactions made in the first 11 days of the service were B2B transactions.

Foreign Exchange 40

Foreign Exchange Banking Accounts Payable Treasury 40

PYMNTS

DECEMBER 29, 2016

Some B2B payments players have predicted that, on the accounts payable side of the transaction, higher interest rates will lead companies to extend their payment terms and to seek out AP technologies that offer integrated supplier financing solutions to help with that cash flow crunch on the supplier side.

Accounts Payable 49

Accounts Payable B2B Invoicing Corporate Finance 49

PYMNTS

JUNE 22, 2016

Oil and gas is big business, with monumental funds at stake when it comes to B2B transactions. And as one of the largest industries impacting the global economy, the oil and gas sector must push through the pressures of high-volume cash management, regulation and even influences from its own labor force. .

B2B 40

B2B SAP Accounts Payable Invoicing 40

PYMNTS

DECEMBER 24, 2018

For corporate treasurers and cash managers grappling with currency volatility, “the primary strategy is to have a strategy,” Schamotta said, “rather than hope the exchange rates move in your favor.”. That seems to be changing, as 47 percent of businesses are using same-day ACH credit. Not bad, but there is room for improvement.

Numbers 65

Numbers B2B Currencies Accounts Payable 65

PYMNTS

OCTOBER 11, 2016

When Sourcery launched, CEO Na’ama Moran said there was a bit of a chicken-and-egg issue: She wanted the company to become a holistic B2B payments player, but should it begin with accounts receivable or accounts payable? “It makes it a lot harder to manage cash flow,” she explained.

B2B 75

B2B Accounts Payable Invoicing Accounting 75

PYMNTS

FEBRUARY 1, 2021

Automatically looping information across various financial platforms — including accounts payable (AP), accounts receivable (AR) and expenses — is critical to achieving a real-time view of cash positions and developing more accurate forecasts.

Accounts Payable 98

Accounts Payable Compliance Corporate Finance Cash Management 98

PYMNTS

OCTOBER 1, 2020

At a high level, said Disque, the embrace of automated accounts payable (AP) processes has been consistent across verticals. CSI, he noted, has insight into a number of industries, where the payment processing platform (focused on integrated payables) aggregates and accepts payments on behalf of a wide range of businesses.

Accounts Payable 77

Accounts Payable Cash Management Construction Invoicing 77

PYMNTS

JANUARY 16, 2020

Solution providers in accounts payable (AP) and accounts receivable (AR) are increasingly servicing not only their corporate customers, but their customers’ own business partners with their technologies. The AP Impact of Late AR.

Accounts Payable 56

Accounts Payable Invoicing Treasury Education 56

PYMNTS

SEPTEMBER 21, 2017

20) that it has launched Alan, chatbot technology designed to assist business accountants. The solution is integrated into Gappify’s cloud accounting software and can complete various tasks related to accounts payable, accounts receivable, payroll and other cash management functions, the company said.

Accounting 45

Accounting Accounts Payable Cash Management Accounting Standards 45

PYMNTS

DECEMBER 13, 2018

As the corporate treasurer takes on a more strategic role in the enterprise, treasury and cash management technologies can often be stuck in the past, failing to keep up with financial execs’ needs. Despite the data challenge, pressures on CFOs and treasurers continue to mount.

Treasury 62

Treasury Banking Cash Management Accounts Payable 62

PYMNTS

JULY 10, 2018

Mastercard and EU FinTech Strands are collaborating on a cash management and corporate payments platform for banks, designed to address small business (SMB) needs. AI and machine learning technology will be able to help predict cash flow, expenses and balances.

Banking 47

Banking Accounts Payable Cash Management Budgeting 47

PYMNTS

APRIL 12, 2016

Making sure the books add up properly is key to keeping their legal nonprofit status, and that means cash management is paramount. By designating a purchase amount and category, an accounts payable professional can safeguard against fraud or use of a virtual card for an unauthorized purchase. Not-For-Profit.

Nonprofit 40

Nonprofit Accounts Payable Reconciliations Cash Management 40

PYMNTS

JUNE 22, 2020

Enabling employees to work remotely during the COVID-19 pandemic has sent a wake-up call to companies that their old-school accounts payable (AP) practices will not cut it in the new economy. The right choices can keep suppliers satisfied while helping buyers address their own cash management concerns.

Accounts Payable 56

Accounts Payable Invoicing Banking Cash Management 56

PYMNTS

MARCH 24, 2016

But instead of going all in on the cloud, many of these firms are looking for a hybrid of sorts to handle operations, especially when it comes to the accounts payable department. But an omnichannel accounts payable department can occur in other ways, too.

Accounts Payable 43

Accounts Payable Invoicing Accounting Cash Management 43

PYMNTS

JANUARY 26, 2017

Cross-border payments, trade finance, smart contracts — blockchain has the potential to disrupt B2B processes, but FinTech players are only beginning to take these concepts onto a real-world stage. For one firm, Finlync , the key to unlocking the potential of blockchain in B2B processes is unlocking the underlying data of that activity.

SAP 57

SAP Invoicing Reconciliations B2B 57