PYMNTS

NOVEMBER 3, 2020

Bloomberg customers will now be able to use the news site's terminal to look at Credit Benchmark 's credit risk data, which comes from risk views of the world's largest financial institutions, according to a press release. With APS ClickToPay, companies can have customer invoices paid directly to accounts receivable.

Credit Risk

PYMNTS

APRIL 1, 2019

Uber is often seen as a benchmark for technological innovation, particularly when it comes to trends like the gig economy and on-demand services. A supplier-centric approach, on the other hand, means vendors submit invoices for buyer approval to initiate SCF. At the foundation of these changes, he said, is the cloud. Uber-izing SCF.

Finance

PYMNTS

JANUARY 15, 2020

15), Basware said it has launched InvoiceReady, a “distinct business unit” within Basware that will offer the company’s existing SMB procure-to-pay and accounts payable (AP) product suite. In a press release on Wednesday (Jan. The service supports check, ACH, virtual card and wire payments.

Accounts Payable

PYMNTS

SEPTEMBER 7, 2017

When organizations take in and pay out purchase orders and invoices, what does the perfect payment look like? But manually processing invoices can represent around 60 percent of labor costs, noted Webster. Second, what can it do to automate the purchase order and invoice receipt and approval process? Charting The Course.

Accounts Payable

PYMNTS

AUGUST 24, 2017

This month, the company published its latest analysis, The Financial Leaders’ Benchmarking Report , and the findings were “troubling,” in the words of APEX Analytix. In general, he said, companies are aware of the risk of fraud in their accounts payable departments.

Accounts Payable

Trade Credit & Liquidity Management

APRIL 16, 2025

Incorporate third-party collection agency referrals into your collection strategies, while also deploying your internal resources, which are always limited to some extent, to high-dollar balances and priority accounts. Focus on Process Improvement Identify root cause issues driving errors in invoicing, shipments, and cash application.

Accounts Payable

PYMNTS

APRIL 2, 2018

In terms of control risk, Duvedi said that businesses have an opportunity to consolidate all spending into the “preapproved” category rather than facing the potentially unpleasant surprises of post-approved spend (such as expense reports) and unapproved spend (when an invoice arrives unexpectedly and suppliers must be paid).

Accounts Payable

CFO Simplified

DECEMBER 26, 2021

The purpose of this checklist is to create structure around when to grow, what roles are essential at what business sizes, and how to benchmark your accounting department against industry standards. The controller establishes the calendar for any activities that occur in the accounting department. . Company Size.

Finance

Future CFO

AUGUST 18, 2023

In the finance function, basic accounting processes like accounts payable, payroll and purchasing are often allocated under the shared services model. This allows the organisation’s core finance and accounting (F&A) operations to concentrate on more strategic work, such as financial analysis and planning.

Finance

PYMNTS

JANUARY 12, 2017

That is, professional sports organizations can act as corporate role models to other organizations, at least when it comes to their B2B payments practices, said Max Eliscu, CEO of B2B payments and invoicing firm Viewpost. And it demonstrates ways professional sports organizations can act as role models to other corporates.

B2B

CFO Talks

MARCH 19, 2024

This list should encompass both quick wins, such as automating invoice processing to improve cash flow management, and long-term objectives, like integrating AI-driven analytics for more accurate financial forecasting and strategic planning. These KPIs serve as benchmarks to measure the organization’s progress toward its goals.

CFO