Remove Accounts Payable Remove Cash Management Remove Reconciliations Remove Treasury
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Contextual Banking Awaits Its Star Turn

PYMNTS

As treasury management becomes increasingly digital, a bank’s corporate banking clients face challenges when it comes to modernizing treasury workflows. They can’t wait for end-of-month, or even end-of-week, reconciliation anymore,” she told Webster — and so corporates are pushing their banks to do something different.

Banking 97
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Canada’s Path Toward B2B Payables Modernization

PYMNTS

Lisa Lansdowne-Higgins, vice president of business deposits and treasury solutions at the Royal Bank of Canada (RBC), recently told PYMNTS that these three disruptors have a significant opportunity to shake up accounts payable processes thanks to the impact they have on data. Open Banking. Bank-FinTech Collaboration.

B2B 62
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Citi: Accelerated Digital Migration Provides Insights Into B2B Behavior

PYMNTS

If at that time, someone would have asked Citi Managing Director and Global Head of Domestic Payments and Receivables Anupam Sinha how long it would take for corporate treasury organizations to fully embrace digital , he said his answer would likely have been something along the lines of, “Don’t hold your breath.”.

B2B 94
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How Integrations Help Firms Manage AR, AP Data

PYMNTS

Smooth accounts payable and receivable processes depend on the ability to easily access, manage and interpret payments data, but complex workflows and old-school tools can get in the way. Reconciliation Challenges. That information is then easy to process for generating insights and informing cash management decisions.

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Speed Finds Opportunity In B2B Payments Beyond Accounts Payable

PYMNTS

Operating as a funding agent will broaden community banking participation in RTP, Bankers’ Bank said, adding that it will also build a 24/7 liquidity management solution for RTP transactions within its cash management suite of services. FinTechs Move Money To Vendors Faster. Marie Aloisi in a statement.

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Bending Card Rails For B2B Payments Optimization

PYMNTS

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. Bending the Card Rails.

B2B 53
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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.

SAP 57