PYMNTS

JULY 23, 2020

In accounts payable, you have to get the payments out and you have to print and mail checks. You want to be able to onboard [new vendors] into your system to be able to accept electronic payments, so the very first invoice is paid electronically. That means staff is going into the office. New Opportunities, New Risks.

Accounts Payable 60

Accounts Payable Invoicing CFO Accounting 60

PYMNTS

MAY 25, 2016

If you think of the rise of corporate America over the last century, the function of the accounts payable department probably doesn’t come to mind as one of the main players. In an age of disruption, innovation and near-constant change, accounts payable has become a way for businesses to retain control and strategy.

Accounts Payable 46

Accounts Payable Invoicing Prioritization Accounting 46

PYMNTS

JANUARY 14, 2020

This complicated process can involve everything from accounting and invoicing software to bank accounts. Today’s financial institutions (FIs) no longer need to worry about solely addressing all their clients’ financial-related needs, however. Leveraging APIs For a More Convenient Workflow.

Cash Management 52

Cash Management Invoicing Accounting Leverage 52

PYMNTS

JANUARY 26, 2017

The solution is called Finlync SAP-DL Integrator , and the idea, said Finlync in an interview with PYMNTS, is that the ERP system is the central home to critical data like purchase orders and invoices, business partner payment information and the like. Blockchain and the distributed ledgers can eliminate international data fraud.”.

SAP 57

SAP Invoicing Reconciliations B2B 57

PYMNTS

JANUARY 18, 2021

With more digital banking options emerging on the U.S. market, FinTechs are turning their attention to the business community, whose demands for a better banking experience are growing louder. The advancement of enterprise digitization has given rise to a deeper understand of the importance of financial data for business leaders.

Accounts Payable 66

Accounts Payable Banking Invoicing Corporate Finance 66

PYMNTS

JULY 29, 2019

The complexities of business transactions not only mean various financial functions, from accounts payable to payroll, are stuck in their own silos — it can often mean more silos within those disparate systems. Most enterprises … have many disparate systems, ranging from accounting to payroll to banking to taxes, etc.,”

Accounts Payable 73

Accounts Payable B2B Invoicing Accounting 73

PYMNTS

DECEMBER 17, 2019

As open banking frameworks take root in more markets around the globe, the model of data integration continues to also take shape in the business financial services market, particularly impacting micro- and small businesses (and the FinTechs that service them). ” Open Banking’s Cost-Saving Opportunities. .”

Marketing 52

Marketing Accounts Payable Foreign Exchange Invoicing 52

PYMNTS

JANUARY 15, 2021

Accounts payable (AP) and accounts receivable (AR) personnel could no longer be in the office to handle paper, giving rise to the discussion of migrating away from physical invoices and other documents in favor of digital, automated solutions. In reality, however, paper continues to circulate in AP and AR departments.

B2B 73

B2B Invoicing Accounts Payable Prioritization 73

PYMNTS

SEPTEMBER 12, 2018

There is no shortage of FinTech firms that have emerged since the 2008 financial crisis aiming to facilitate access to small business capital, many of which target supplier and invoice financing specifically. ” He continued, “Everyone says data is the new gold, the new oil. .

Finance 40

Finance Accounts Payable Invoicing Reconciliations 40

PYMNTS

MAY 31, 2017

And, truth be told, many of them don’t put it on much at all; while some of them hire a part-time accountant or rely on their financial institution to help, that often doesn’t really cut it either. “Banks talk about the importance of the micro/small business category,” he recently told Karen Webster.

Cash Management 51

Cash Management Invoicing Accounts Payable Financial Data 51

PYMNTS

MAY 24, 2018

A deeper look at this challenge, however, reveals an array of friction related to the management of data stored by those payment platforms, including the inability to access key financial data in an efficient, automated way. Bank now supporting corporate payments via Zelle.

B2B 45

B2B B2C eCommerce Accounts Payable 45