PYMNTS

AUGUST 25, 2016

A recent research report by the firm explores how these professionals in the manufacturing sector are approaching the issue. Analysts found a major gap in how executives understand the connection between everyday financial functions, like inventory management, accounts payable and accounts receivable, and cash flow.

Cash Management 40

Cash Management Manufacturing Accounts Payable Profit and Loss 40

Future CFO

JANUARY 1, 2024

The study, which asked 200 manufacturing and distribution organisations with revenues between US$100 million and US$1 billion, revealed that more than 80% of the respondents believe today's economic uncertainty has significantly elevated the importance of the CFO in bringing in strategies and technology optimisation initiatives.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) CFO Accounts Payable Manufacturing 52

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 61

B2B Accounts Payable Invoicing Cash Management 61

CFO Simplified

AUGUST 18, 2022

Days’ Receivables = Accounts Receivable / (Annual Sales / 365). Days’ Payables. Days’ Payables is the average number of days you take to pay suppliers. Days’ Payables = Accounts Payable / (Annual Cost of Goods Sold / 365). Shortening the amount of time inventory sits idle reduces the cash gap.

Accounts Payable 105

Accounts Payable Invoicing Accounting Sales 105

PYMNTS

NOVEMBER 15, 2019

Traditionally, the cost and administrative burden of card acceptance has kept the tool from gaining traction in accounts payable. But shifting priorities among buyers and suppliers have elevated the opportunity for cards to meet changing cash management needs.

B2B 53

B2B Accounts Payable Cash Management Reconciliations 53

PYMNTS

JANUARY 29, 2020

Another major hurdle unique to the purchase-to-pay space is the process’s deep touch points with an array of other back-office functions within the enterprise, including vendor management, product sourcing, accounts payable, accounting, inventory management, contract management, manufacturing and distribution, and more.

Banking 52

Banking Accounts Payable Vendor Management Reconciliations 52

PYMNTS

DECEMBER 30, 2019

That’s particularly true as card products gain traction in areas beyond employee travel and entertainment, and into spend categories like fleet and accounts payable. Rewards certainly must be a part of the commercial card package when targeting middle-market firms, she noted, but the add-on benefits will be what really drives adoption.

Marketing 53

Marketing Banking Accounts Payable Education 53