Simply Treasury

SEPTEMBER 9, 2020

Treasury management is “anticipation”. This explains why the treasury manager, “the custodian of cash”, has become a centre of attention and why Cash Flow Forecasts (CFF) have become so essential. For many, CFFs are simply a sort of budget revision exercise. not all cash can be reported to central treasury.

Cash Flow Forecasting 130

Cash Flow Forecasting Forecasting Treasury Budgeting 130

PYMNTS

MAY 13, 2020

Accounts payable (AP) tools that provide quick, detailed oversights of businesses’ financial statuses and payments obligations can help pick up the pace of payments by keeping invoice approval processes on track. Delivering compensation faster can not only ease pains for vendors but also enable buyers to earn early payment discounts.

Invoicing 79

Invoicing Accounts Payable B2B Budgeting 79

PYMNTS

OCTOBER 16, 2020

A thorough knowledge of one’s cash flow is a necessity, and lacking such transparency can hinder a company’s ability to do everything from paying rent and finalizing future quarters’ budgets to compensating employees. The ongoing pandemic is also changing the status quo regarding cash flows and placing greater emphasis on quick transactions.

Treasury 76

Treasury B2B Accounts Payable Cash Management 76

PYMNTS

JUNE 23, 2020

Large companies may receive thousands of monthly invoices that must be processed quickly and economically, and firms of all sizes need to track payment obligations and issue funds. The accounts payable (AP) automation market is expected to grow from $1.6 This lack of digitalization is a sizable problem. billion in 2019 to $3.1

Accounts Payable 85

Accounts Payable Invoicing Treasury SAP 85

PYMNTS

JULY 10, 2020

Legacy AP processes are often a drain on businesses’ budgets, as these manual methods cost employees time and create opportunities for human error. Sixty-five percent of SMBs in one report said a key B2B payment friction their treasury departments experienced was that “manual payment generation workflows are error-prone and time-consuming.”

Invoicing 55

Invoicing Budgeting Leverage B2B 55