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Open Banking Adds Intelligence To Treasury Management

PYMNTS

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.

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The Virtual Card Case For Nonprofits

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Making sure the books add up properly is key to keeping their legal nonprofit status, and that means cash management is paramount. The nonprofit industry has a lot to gain from this payment technology, claims a new whitepaper from vendor management consulting firm Vendor Centric. Not-For-Profit.

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In Payments Automation, Don’t Forget Accounts Receivable

PYMNTS

In B2B payments, accounts payable automation is a hot topic, as are the challenges AP professionals face when it comes to paying suppliers and managing the data from those transactions. SMEs are hit even harder by long payment terms that clock in at an average of 72 days, the Asset Based Finance Association found.

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ERP Data On The Front Lines Of Blockchain Adoption

PYMNTS

For one firm, Finlync , the key to unlocking the potential of blockchain in B2B processes is unlocking the underlying data of that activity. The company announced earlier this month that it has developed what it claims to be the world’s first technology to integrate blockchain into ERP systems like SAP.

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How Restaurant AP Grows Value With The Front-Office POS

PYMNTS

That’s what makes the marrying of front-office finances with back-office finances so valuable for this space, according to Teri Wilson, general manager at restaurant accounts payable technology firm Sourcery. At first glance, the synergies between a point of sale (POS) and accounts payable solution may not appear clear.

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How To Capture The ‘Holy Grail’ Of Small Biz Cash Flow

PYMNTS

Wave’s approach to enhancing SMBs’ handle on cash management is a bit different. This unified platform keeps all of the data across these metrics in a single place, making it easier part time accountant or bookkeeper come tax time, Sand bringing cash flow predictability much closer to the small business.