PYMNTS

AUGUST 17, 2018

Bots are marching steadily into the corporate accounting department as professionals feel more comfortable handing tasks to a machine. The more bots make their way into the accounting department, the more concerns arise about jobs, compliance, trust and other industry-unknowns. “This is such new territory for everyone.”

Compliance 44

Compliance Accounting Accounts Payable Invoicing 44

Future CFO

AUGUST 1, 2023

The demand for mobile wallets, online banking services, and the increasing adoption of digital technologies has led to the expansion of the financial applications market in Asia/Pacific. Companies are increasingly seeking secure and compliant solutions to manage their financial data. "As

Invoicing 98

Invoicing General Ledger Reconciliations Budgeting 98

PYMNTS

DECEMBER 12, 2019

The partnership will combine Yooz’s paperless accounts payable technology with the Microsoft Azure cloud system to help companies automate their accounting processes and increase efficiency. “By

Accounts Payable 60

Accounts Payable Compliance Invoicing Accounting 60

PYMNTS

NOVEMBER 25, 2019

25) that it secured $1 billion in new funds from Japan’s SoftBank and China’s Alibaba affiliate Ant. The exposed information, however, reportedly did not include password data, Social Security numbers or any financial information. 25) that it secured $1 billion in new funds from Japan’s SoftBank and China’s Alibaba affiliate Ant.

Securities 52

Securities Accounts Payable Startups Transportation 52

The Charity CFO

APRIL 1, 2024

Implementing technology into your nonprofit accounting process can help solve a variety of issues—from tracking receipts to properly recording donations. In most cases, technology helps improve the efficiency and accuracy of nonprofit accounting. You’ll need to use the right technology systems to get these benefits.

Nonprofit 52

Nonprofit Accounting CFO Accounts Payable 52

The Charity CFO

MARCH 27, 2024

You’ll need to keep these things in mind when choosing accounting software and an accounting setup. Fund accounting differs from traditional accounting methods in that it’s designed for accountability and compliance. Additionally, accurate records can help improve public and donor trust in your organization.

Nonprofit 40

Nonprofit Accounts Payable Compliance Invoicing 40

PYMNTS

SEPTEMBER 17, 2020

Whether that's a lack of security if a piece of paper falls into the wrong hands, or simply the pain of having to manually store a document or capture its data, paper is far from the most efficient way to do business. That's particularly true for finance teams like accounts payable , accounting or payroll.

Accounts Payable 63

Accounts Payable Compliance Invoicing Finance 63

PYMNTS

FEBRUARY 1, 2021

Automatically looping information across various financial platforms — including accounts payable (AP), accounts receivable (AR) and expenses — is critical to achieving a real-time view of cash positions and developing more accurate forecasts. Data integration is climbing to the top of chief financial officers' priority lists.

Accounts Payable 98

Accounts Payable Compliance Corporate Finance Cash Management 98

CFO Leadership

DECEMBER 12, 2022

For example, if technology is changing rapidly in your industry, it may be advantageous to lease equipment and upgrade as needed, instead of buying it outright. Asset-based loans: Businesses can borrow based on their own financial and physical assets, which can range from accounts receivables and inventory to equipment and real estate.

Accounts Payable 95

Accounts Payable Leadership CFO Strategic Planning 95

PYMNTS

NOVEMBER 18, 2016

Nexus Systems is partnering with a real estate technology company to help the industry adapt to more sophisticated accounts payable and procurement processes. Accounting teams in real estate firms can use the tool to automate procurement. Reports Thursday (Nov. ”

Accounts Payable 65

Accounts Payable Invoicing Compliance Leverage 65

PYMNTS

SEPTEMBER 25, 2020

We have deep dives on the financial health of Main Street small and medium-sized businesses (SMBs), digital accounts payable (AP), and GoodRx ’s initial public offering (IPO). . HSBC To Staff: Stay Off Bank’s Social Media Accounts . Massachusetts-based accounts payable (AP) automation technology firm MineralTree Inc.

Accounts Payable 61

Accounts Payable Treasury Construction Accounting 61

PYMNTS

APRIL 8, 2020

financial institutions as they scrambled to apply for Paycheck Protection Program (PPP) loans under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Bottomline Technologies. With a focus on compliance, Wolters Kluwer revealed its new solution to enable financial institutions issue PPP loans to small businesses.

Banking 98

Banking Accounts Payable Compliance Technology 98

Boston Startup CFO

APRIL 3, 2023

In this tier, a double-entry accounting system is employed to ensure the accurate recording of all transactions. Additionally, it is necessary to maintain accounts payable and accounts receivable, guaranteeing that all transactions are precise and current.

Accounting 52

Accounting Accounting Principles GAAP Compliance 52

Future CFO

MAY 15, 2023

Business perspective: Why managing Inflation is important and how smart technologies can help Inflation has become a major concern for businesses and individuals alike, with the rate of inflation reaching its highest level in 40 years. In the past, stand-alone business technologies lived in siloes, and data was hoarded.

IFRS 52

IFRS SAP Accounts Payable Compliance 52

PYMNTS

FEBRUARY 18, 2019

Cryptocurrency has come a long way since bitcoin’s emergence as an unregulated, anonymous payment technology. Indeed, what will drive crypto adoption, Chell told PYMNTS, is in the technology’s ability to reduce payments friction, and integrate compliance and security.

B2B 70

B2B Compliance Accounts Payable Securities 70

PYMNTS

MAY 23, 2019

The B2B space is ripe for transformation, where outdated payment processes mark accounts payable (AP), and where technology can make all the difference as corporates choose their banking partners to satisfy their payment needs. While speed is a common buzzword in technology, there is another important one.

Banking 76

Banking Accounts Payable Leverage B2B 76

Future CFO

FEBRUARY 13, 2023

ICTSI) as senior vice president, chief financial officer and compliance officer says the company’s digitisation agenda was fast-tracked considering state lockdowns during the pandemic. “We We onboarded with Docusign to facilitate more secure digital signatures for transactional and legal documents.

Treasury 98

Treasury Cash Management Restructuring Accounts Payable 98

PYMNTS

MARCH 28, 2019

Reports in HR Technologist on Wednesday (March 27) said AppZen is expanding its offering to include auditing of vendor invoices, allowing businesses to automate compliance management of contracts and agreements related to master service agreements and pricing terms. ”

Invoicing 46

Invoicing Auditing Accounts Payable Compliance 46

Future CFO

MAY 15, 2022

A secure e-invoicing network that links a global ecosystem of business entities can come in handy. If large buyers of goods and services, such as the US, China and Japan were to further join the network, more companies will come on board and the system’s security and efficiency benefits can be extended to many more parties.

Invoicing 52

Invoicing Accounts Payable SAP Finance 52

PYMNTS

APRIL 19, 2019

The big news in B2B FinTech investment this week came from Airbnb , which is bolstering its presence in the business travel market with new funding, while corporate card startup Brex also secured a prominent debt capital investment. Lyric plans to use the investment to expand its operations as it continues to focus on regulatory compliance.

B2B 69

B2B Investments Accounts Payable Benchmarking 69

PYMNTS

MARCH 23, 2020

The March 2020 Next-Gen AP Automation Tracker ® done in collaboration with Bottomline Technologies , contains a wealth of information and inspiration for treasury and finance executives faced with issues of reducing fraud and error, cutting costs and increasing payments accuracy across the board. But it all hinges on reliable data.

Accounts Payable 52

Accounts Payable Treasury Accounting Compliance 52

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. ” From Onboarding to Compliance. A Payments Balancing Act. “We started out with spreadsheets just like everybody else,” he said.

Accounts Payable 52

Accounts Payable Reconciliations Compliance Invoicing 52

PYMNTS

OCTOBER 13, 2016

12) that it secured $28 million in funding led by Mainsail Partners. ” Nexus offers the NexusPayables solution to automate the accounts payable process for companies starting at the beginning of their procurement activity. . The procure-to-pay solution offered by Nexus Systems has attracted venture capital.

Accounts Payable 62

Accounts Payable Invoicing Compliance Leverage 62

PYMNTS

NOVEMBER 19, 2019

The compliance burden of a legal marijuana business having to manage regulations that vary by state, and between the state and federal level, has created a banking conundrum for a market forced to rely heavily on cash. But the compliance challenges associated with this market are not easily (or quickly) addressed.

Compliance 43

Compliance Accounts Payable Banking B2B 43

PYMNTS

DECEMBER 2, 2016

But the largest venture capital funding round went to an accounts payable automation firm in the U.S. Last weekend, Wholesalebox said it secured $2 million in pre-Series A funding from several backers, including Manish Maheshwari, CEO of Network 18 Digital. 1) that it secured $32.2 with an $18 million investment.

B2B 53

B2B Accounts Payable Startups eCommerce 53

PYMNTS

SEPTEMBER 10, 2019

Expense management and reporting technology firm AppZen announced a $50 million fundraise Monday (Sept. AppZen secured the Series C funding from hedge fund firm Coatue Management, with Redpoint Ventures and Lightspeed Venture Partners also participating in the funding round, VentureBeat reported. “AI

Auditing 43

Auditing Accounts Payable Invoicing Compliance 43

PYMNTS

SEPTEMBER 23, 2019

Corporates have growing expectations for faster, more efficient and more secure B2B payments — whether their money is moving from one business unit to another or one country to another. Payments Speed and Security. As financial institutions gather for this year’s Sibos conference kicking off in London today (Sept.

B2B 49

B2B Banking Accounts Payable Corporate Finance 49

PYMNTS

NOVEMBER 10, 2017

AppZen provides a back-office solution to automate the auditing process of expense reports, using artificial intelligence (AI) technology to identify instances of fraud and error. Kale said many of these tools are coming in from the consumer world as more innovators wield these technologies’ power for B2B use cases.

Accounts Payable 44

Accounts Payable Auditing Invoicing Compliance 44

PYMNTS

NOVEMBER 12, 2019

Innovation in the accounts payable (AP) space continues to expand, with FinTechs looking to capture their piece of a growing market driven by businesses’ desire to digitize their operations. But corporate payers are not the only entities in charge of driving adoption of AP automation technologies. billion valuation.

Accounts Payable 49

Accounts Payable Invoicing B2B Valuation 49

PYMNTS

DECEMBER 11, 2019

“These banks don’t necessarily have all the tools and technology” that market players need. When those transactions occur on paper and over the phone, keeping track of outstanding payables quickly becomes a headache. Technology From The Get-Go. Translating Consumer Cash To Supplier Payment.

B2B 52

B2B Invoicing Accounts Payable Compliance 52

PYMNTS

MARCH 26, 2018

The rise of RegTech is not by chance: There is an undeniable link between regulatory changes and technological innovation, and that link has a profound impact on FinTech and the financial services market. As the risk of noncompliance evolves and grows for corporates, many turn to technology to ensure adherence to complex regulatory demands.

Accounts Payable 40

Accounts Payable B2B Invoicing Compliance 40

PYMNTS

MARCH 24, 2017

Investors diversified their funding to B2B companies this week, hitting several areas of corporate finance including accounts payable, accounts receivable, payroll and supply chain management. The funds will be used to continue developing its underlying technology, Airpay said, and to focus on sales and distribution.

B2B 43

B2B Accounts Payable Corporate Finance Accounting 43

The Finance Weekly

OCTOBER 31, 2021

Many of the same financial issues that profit-seeking enterprises face, such as increasing revenue, managing audits, and dealing with compliance, encounter non-profit organizations (NPOs). There are numerous concerns, but many of them are simple to address, and technology may play a significant part in assisting you in doing so.

Planning 52

Planning Auditing Nonprofit Accounts Payable 52

PYMNTS

OCTOBER 10, 2018

In the battle of the payment rails, a few technologies tend to dominate the conversation. But just as it was a disruptive force when it emerged in the mid-19th century, today the wire has secured a bit of attention as players like SWIFT move to promote faster, more efficient cross-border transfers.

B2B 46

B2B Compliance Accounts Payable Accounting 46

PYMNTS

AUGUST 21, 2018

based Previse, a B2B payments firm that targets friction in the accounts payable space by using machine learning for faster supplier payments. The funds will be used to bolster its proprietary technology, which connects data from an array of sources for companies to monitor opportunities and risks within the enterprise.

B2B 40

B2B Investments Accounts Payable Compliance 40

PYMNTS

FEBRUARY 6, 2019

This shift has been so acute that small business cloud accounting firm Xero is even petitioning the Oxford English Dictionary to change the definition of “accountant” to one that includes the word “advise.” Changing Demand. That demand for human talent, by the way, hasn’t decreased.

Corporate Finance 74

Corporate Finance Accounting Finance Accounts Payable 74

PYMNTS

AUGUST 14, 2019

Corporates have a lot on their plate when it comes to digitization, cloud migration, data security and overcoming silos between back-office platforms opens a world of opportunities for businesses to boost efficiency and improve bottom lines — but it’s no easy mountain to climb. They need technology to grow their business.”.

Invoicing 45

Invoicing Accounts Payable Education Compliance 45