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Challenges and opportunities in the automation of accounts payables

Future CFO

FutureCFO spoke to Marcus Rex, managing director for Asia-Pacific, xSuite, for his perspective on how finance automation in general, and accounts payable in particularly, can help transform finance into a profit centre. Myths around accounts payable (AP) automation. Recurring pain points in accounts payables.

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PodChats for FutureCFO: Future-proofing cash conversion cycles

Future CFO

Albert Leong, managing director, Esker Asia, defines the cash conversion cycle (CCC) as a metric to express the time it takes for the company to convert their inventory into cash flow. This touches on both accounts receivables and accounts payables of their business cycle.

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Cash in times of crises: Lessons from 2020-2022

Future CFO

Having an experienced succession of crises since the beginning of 2020, FutureCFO asked two finance leaders their views on the challenges facing treasury and cash management during the pandemic and coming out of it. What is the biggest change to the Treasury and Cash Management (TCM) function brought about by the pandemic?

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Aussie Accountants Brace For Industry Disruption

PYMNTS

Reports in Money Management on Thursday (March 15) said the IPA’s Vice President, Sam Zervides, issued a statement encouraging accountants to collaborate and explore value-added services, particularly for small businesses (SMBs).

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ERP Data On The Front Lines Of Blockchain Adoption

PYMNTS

“Processing corporate payments as peer-to-peer, directly on blockchains, gives for instant settlement and, therefore, real-time reconciliation and accounting,” the company said. Real-time payments and reconciliation, the company added, could be a major boost to corporate cash management efforts, too.

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Pandemic Wake-Up Call Drives Integrated B2B Platforms

PYMNTS

According to Rajiv Ramachandran , senior vice president of product strategy and management at Coupa , the pandemic was a “wake-up call” for many finance leaders who experienced a jolting breakdown of key functions. There were cases where some of these finance teams could not even understand what their cash visibility looked like.”.

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