PYMNTS

NOVEMBER 16, 2018

RPA is igniting chatter in the corporate finance community as professionals explore next-level analytics and automation functionality to enhance processes like accounts payable, accounts receivable, cash flow management and more. The investment now values Automation Anywhere at $2.6 million raised, U.K.-based

Accounts Payable

PYMNTS

SEPTEMBER 21, 2018

However, other notable B2B FinTech investments this week have come from startups targeting the inefficiencies of corporate banking, logistics and freight booking, and business payments. million investment from ING Ventures , reports in City A.M. by enabling corporate users to access all of their bank accounts in a single portal.

B2B

PYMNTS

JANUARY 8, 2021

Automation’s long march to the present day finds automation grinding out new solutions to cash management issues during a topsy-turvy economic time. Cash Management Moving in Virtual Directions. Back in 1785, a fellow by the name of Evans invented the first fully automated industrial process — a water-powered flour mill.

B2B

PYMNTS

MAY 31, 2019

-based B2B FinTechs led the way in this week’s investment roundup, with more than $212 million in new funding falling in the hands of startups targeting a range of enterprise operations. Accounts payable, cloud migration, Big Data and even legal management for startups raising new funding were all targeted among investors.

B2B

PYMNTS

OCTOBER 1, 2020

At a high level, said Disque, the embrace of automated accounts payable (AP) processes has been consistent across verticals. CSI, he noted, has insight into a number of industries, where the payment processing platform (focused on integrated payables) aggregates and accepts payments on behalf of a wide range of businesses.

Accounts Payable

PYMNTS

JUNE 21, 2018

The stats indicate key areas in which professionals say they are increasing awareness and use of digital solutions to make accounts payable and accounts receivable processes faster, more streamlined and more secure. Yet the report also highlighted a few areas that suggest not much has changed in the way of reducing paper.

Accounts Payable

Future CFO

JANUARY 1, 2024

Respondents which comprise director-level and above, in finance or accounting roles , as well as the primary decision makers for digital transformation in companies in Australia, the UK and the US, cited financial performance and growth as top IT investment drivers amid the current market situation.

Financial Planning and Analysis (FP&A)

PYMNTS

OCTOBER 17, 2017

17), Visa said it is tackling that issue through a new partnership with accounts receivable (AR) and cash management company Billtrust. When it comes to growth of virtual corporate card payments, we have seen and built a lot of momentum on the accounts payable side,” Hall said. “We

Reconciliations

PYMNTS

DECEMBER 5, 2019

After all, money exits a company through more than one avenue, whether it be via the accounts payable department or a firm’s own employees. Understanding businesses’ biggest payment pain points requires a wide line of sight.

Accounts Payable

PYMNTS

JUNE 9, 2017

“It’s an interesting time in accounting, and there’s a huge change coming,” she recently told PYMNTS, adding that digitization will become the norm, empowering humans to take on more strategic tasks while technology handles the repetitive stuff. We break down the rest of the investment rounds below. Workforce Management.

Accounting

The Charity CFO

JUNE 7, 2023

Statement of Activities Financial Uses Assessing Revenue Sources : Analyze the various revenue sources of a nonprofit, such as donations, grants, program fees, and investment income. cash, investments, receivables) and liabilities (e.g., accounts payable, loans).

Nonprofit

PYMNTS

MARCH 24, 2016

But instead of going all in on the cloud, many of these firms are looking for a hybrid of sorts to handle operations, especially when it comes to the accounts payable department. Companies in the mid-market are looking to retool their investments and moving away from on-premise ERP platforms.”

Accounts Payable

PYMNTS

JANUARY 16, 2020

Solution providers in accounts payable (AP) and accounts receivable (AR) are increasingly servicing not only their corporate customers, but their customers’ own business partners with their technologies. The AP Impact of Late AR. Automation Multitasks With AR, AP.

Accounts Payable

PYMNTS

DECEMBER 29, 2016

Some B2B payments players have predicted that, on the accounts payable side of the transaction, higher interest rates will lead companies to extend their payment terms and to seek out AP technologies that offer integrated supplier financing solutions to help with that cash flow crunch on the supplier side.

B2B

PYMNTS

JANUARY 29, 2020

But according to Cichy, when banks invest in these value-added services for their corporate clients, they also find a new opportunity in opening up data. To be competitive in the P2P space today, especially at the mid- to high-end of the market, the investment would be millions of dollars and a number of years of development,” he said.

Banking

PYMNTS

AUGUST 5, 2019

According to ePayRails CEO Richard Jackman, the company will deploy the funding to buildout its ePayRails Payment Hub, invest in sales and marketing, and bolster its back-office client support offerings. ePayRails is taking a dynamic, long-term approach to addressing specific issues all organizations face with respect to cash management.”

B2B

PYMNTS

SEPTEMBER 4, 2018

For the corporate treasurer, this could mean real-time FX exposure management and the need for faster action to mitigate FX volatility risk. But FX management isn’t the only area of corporate treasury seeing positive disruption from faster payments.

Foreign Exchange

Jedox Finance

APRIL 4, 2023

Teams with a strong cash management culture are well positioned to meet those sudden challenges, according to EY research. wages, accounts payable, and debts) from current assets (e.g., cash, accounts receivable, and inventory). wages, accounts payable, and debts) from current assets (e.g.,

Forecasting

PYMNTS

SEPTEMBER 7, 2016

Together, the businesses will look to streamline adoption of PROACTIS’ solutions, including strategic sourcing, supplier management, procure-to-pay, accounts payable automation and other tools. “They also do not need to invest in in-house staff training.” An announcement on Monday (Sept. ”

Accounts Payable

PYMNTS

MAY 16, 2016

Between treasury management, accounting, invoicing, cash management and all the other money tools corporates have access to today, it’s a wonder CFOs can keep their heads on straight. The cookie-cutter treasury management solution offered by a bank may not fit a business in its first year as it fits in its 20th.

Treasury

PYMNTS

APRIL 3, 2020

Accounts payable (AP) automation technology presents an obvious benefit to companies of all sizes and industries to boost efficiency and strategize vendor payments. A Payments Balancing Act. For LockerDome, Lewis explained that one of the most glaring areas of inefficiencies in AP processes is the supplier payment itself.

Accounts Payable

PYMNTS

APRIL 30, 2018

” In a survey of treasurers, cash management professionals, CFOs and other professionals in the treasury department, researchers found that nearly two-thirds of respondents (61 percent) feel they are in a better position this year to combat fraud within their organizations compared to last year.

Treasury

The Charity CFO

FEBRUARY 8, 2023

Simply stated, the cash flow statement summarizes an organization’s cash management. It measures cash inflows and cash outflows, and it helps with determining a company’s financial health and making sure there is enough cash available to pay off expenses. Loans would fall under this category.

Nonprofit

CFO Share

JULY 8, 2021

How to perform 13 week cash flow forecasting. A rolling 13 week cash flow model is updated weekly by your CFO, accounting team, and management in a collaborative session. Typically accounts receivable are the most certain inflows, followed by prospective sales, debt funding, and equity investment. .

Cash Flow Forecasting

PYMNTS

JUNE 20, 2016

This week’s B2B Data Digest focuses on the flux and flow of managing cash. Digital currencies, cybercrime and complexities of the accounts payable process combine into a mountain of challenges for corporate financial chiefs. Examine the latest research to grasp just how cumbersome modern cash management can be. $3

Accounts Payable

PYMNTS

MARCH 1, 2016

The tallies are in: Innovate Finance has calculated the state of investment in FinTech for 2015, and we have the numbers. Innovate Finance released The 2015 FinTech Investment Landscape this month, a report that offers a snapshot at how investors are placing their money among financial innovators. investments last year.

B2B

PYMNTS

DECEMBER 11, 2019

.” Aside from the obvious security risks that this tactic poses, checks and cash prevent both buyers and suppliers in this market from being able to streamline and automate their accounts payable, accounts receivable and cash management operations. An Emerging Late Payments Problem.

B2B

PYMNTS

SEPTEMBER 20, 2017

They include electronic invoicing (eInvoicing) and other cash management solutions, with JPMorgan noting that the technology could help its business customers save up to 50 percent of the time they spend manually paying bills. Reports Tuesday (Sept. It’s not JPMorgan’s first FinTech partnership in its effort to boost B2B services.

B2B

PYMNTS

AUGUST 22, 2016

The latest research puts a price tag on the finances of better procurement, banking, cash management and innovation among small and medium-sized businesses. The message is clear: Automated, digital FinTech solutions can help businesses and financial service providers save money. 139 billion could be saved by U.K.

Finance

PYMNTS

JUNE 12, 2017

Personal cash management issues affect people differently according to age, as well. If a worker is essentially a contractor who is invoicing the organization, then that payment is going to be running through accounts payable. I suspect that there is variability in how gig workers are paid,” she said. ”If

Accounts Payable

PYMNTS

MARCH 29, 2018

When it comes to bill payments – both on the consumer side and on the corporate side with accounts payable and receivable – Neyer said real-time payments open up new opportunities. As this capability becomes commonplace, Neyer said thinking about cash management will inevitably change based on the instant availability of funds earned.

Accounts Payable

BlueLight

JULY 30, 2020

As a growth stage startup, the question is how to achieve profitability while continuing to invest in growth.” One is accounting: you need this done properly to inform the next two. Third is financing and cash management.” The mismatch between accounts receivable and accounts payable result in an unpleasant cash spread.

CFO