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 52

Accounts Payable Benchmarking Invoicing Leverage 52

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 56

Accounts Payable Invoicing Benchmarking Leverage 56

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 40

Accounts Payable Invoicing Benchmarking Auditing 40

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 50

Accounts Payable Invoicing Benchmarking Numbers 50

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 52

Finance General Ledger CFO Auditing 52

Global Finance

FEBRUARY 4, 2025

Suppliers can instantly track invoice payments and upcoming payment totals for improved forecasting. PrimeRevenue also offers end-to-end payment automation, from invoice uploads and remittance-advice reports to trading of specific invoices for early payment, and instant visibility into payment status.

Finance 52

Finance Invoicing Manufacturing Banking 52

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 52

Finance Communication Accounts Payable Invoicing 52

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 44

B2B Invoicing Benchmarking Entertainment 44

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 52

CFO Communication Finance Budgeting 52