CFO Leadership

APRIL 2, 2024

For CFOs, this means they need to find creative ways to bolster their businesses’ accounting capabilities now, or face consequences including overworked teams, higher costs, and increased accounting errors later. Here are five ways that CFOs can proactively mitigate the impact of the accountant shortage: 1.

Accounting 52

Accounting Compliance Accounts Payable Budgeting 52

PYMNTS

JANUARY 6, 2021

ReadSoft Online, the release stated, is Kofax's Software-as-a-Service (SaaS) tool for invoice data extraction and automating accounts payable (AP) services. That has allowed banks and other financial institutions to cut processing times, boost compliance and increase productivity.

Accounts Payable 73

Accounts Payable Invoicing Compliance Finance 73

PYMNTS

JULY 26, 2018

Accounts payable automation firm Tipalti announced a string of partnerships this week in deals that see the partner linking their own customers to Tipalti tools. Finally, Sovos is augmenting its corporate tax compliance software offering with Tipalti’s tools.

Technology 40

Technology Accounts Payable Invoicing Compliance 40

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

PYMNTS

NOVEMBER 2, 2020

Palette Software has connected its accounts payable (AP) automation cloud technology with Aptean ERP , according to a Monday (Nov. The intuitive dashboard of Palette offers a full summary of vendor invoices as well as their status in the approval workflow in addition to outstanding payables. 2) announcement.

Accounts Payable 56

Accounts Payable B2B Construction Invoicing 56

PYMNTS

DECEMBER 15, 2020

Identity verification solution provider Acuant has teamed with accounts payable (AP) automation company Tipalti to automate essential services in payment and transaction monitoring, according to a Tuesday (Dec. 15) announcement.

Accounts Payable 75

Accounts Payable Compliance Advertising Invoicing 75

PYMNTS

JULY 7, 2020

The Peoples Community Bank is broadening its existing relationship with banking technology provider Finastra , the firms revealed this week in a press release , with the financial institution (FI) looking to accelerate its own innovation and product rollouts. Finastra Chosen by Community FI. Faster Payments scheme.

Banking 96

Banking Accounts Payable Treasury Finance 96

Future CFO

OCTOBER 21, 2021

Accounts payable, transaction processing, and bank statement processing are the top three priorities in terms of business workflow automation , according to a global survey of 800 executives by Kofax. Survey highlights. Survey highlights.

Accounts Payable 59

Accounts Payable Data Analysis Invoicing Compliance 59

PYMNTS

OCTOBER 16, 2020

Venture capital funding landed at startups focused on accounts payable (AP) and cybersecurity this week — with one payables startup raising $23 million in funding. Venture capital funding landed at accounts payable (AP) and cybersecurity technology firms, among other innovators that raised money this week.

B2B 69

B2B Accounts Payable Management Consulting Startups 69

PYMNTS

OCTOBER 23, 2020

And while investors targeted an accounts payable payments startup as well as another platform designed to help other startups understand their equity, a common theme this week was investment in risk mitigation capabilities. This week's B2B Venture Capital roundup saw more than $76 million in new funding. The company highlighted the $8.14

B2B 63

B2B Startups Accounts Payable Compliance 63

PYMNTS

AUGUST 28, 2019

Accounts payable automation company AvidXchange is strengthening its position in the banking and financial services sector through the acquisition of BankTEL, the company said Tuesday (Aug. AvidXchange has reached an agreement to acquire BankTEL Systems, which provides accounting technology to banks.

Accounts Payable 59

Accounts Payable Banking Invoicing SAP 59

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. This can be time-consuming and lead to errors when handled manually. The post Capitalising on the Fintech apps in APAC appeared first on FutureCFO.

Invoicing 98

Invoicing General Ledger Reconciliations Budgeting 98

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. Searching for a Nonprofit Accounting System?

Nonprofit 40

Nonprofit Accounts Payable Compliance Invoicing 40

PYMNTS

MARCH 4, 2020

Enterprise cloud migrations have opened up the ability for smaller businesses to adopt ERP technology once reserved for the largest corporates. For example, he pointed to multinational corporates’ need for tax provisioning and transfer pricing solutions to promote efficiency and compliance across borders. Disruption Ahead.

Cash Flow Forecasting 104

Cash Flow Forecasting Accounts Payable General Ledger Corporate Finance 104

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

SEPTEMBER 17, 2020

That's particularly true for finance teams like accounts payable , accounting or payroll. According to Woods, organizations and their finance teams must be strategic about how they reduce their reliance on physical paper and invest in the technologies that can optimize document management without adding any extra pain.

Accounts Payable 63

Accounts Payable Compliance Invoicing Finance 63

PYMNTS

JULY 23, 2020

GEP , which works in procurement and supply chain strategy, has launched its new accounts payable (AP) solution, which will help automate AP services through cloud technology, artificial intelligence (AI) and machine learning (ML), according to a press release.

Accounts Payable 56

Accounts Payable Invoicing Reconciliations B2B 56

PYMNTS

SEPTEMBER 15, 2020

The technology takes on the task of handling international business payments with a complete offering that will directly connect with an educational institution’s enterprise resource planning (ERP) system, according to a Tuesday (Sept. 15) announcement.

B2B 70

B2B Vendor Management Accounts Payable Education 70

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

PYMNTS

FEBRUARY 19, 2020

With speed being the most obvious value proposition of real-time payments capabilities, it’s not difficult to imagine that corporate payers would be eager to embrace faster payments functionality in their accounts payable (AP) departments. And for many firms, that’s exactly what they’re beginning to do. ”

Accounts Payable 114

Accounts Payable Invoicing Reconciliations B2B 114

PYMNTS

JUNE 18, 2020

Using Ivalua’s new tech, firms will be able to explore innovative ways to improve supplier relationships and sourcing initiatives, see and deal with savings, and implement more automation for accounts payable (AP) solutions.

Accounts Payable 56

Accounts Payable Invoicing Compliance Accounting 56

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

DECEMBER 8, 2016

businesses are attracted to digital invoicing for a slew of financial benefits: faster, more efficient accounts payable and reconciliation processes, a reduction in the threat of errors due to manual data entry and ability to capture early payment discounts thanks to an accelerated invoice management process. In the U.S., Still, U.S.

Accounts Payable 64

Accounts Payable Invoicing Compliance Reconciliations 64

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

PYMNTS

JUNE 15, 2017

The technologies are already running on APEX Analytix software, the company said, adding that it has used these smart technology tools to protect $2.6 In another example, APEX Analytix said, images provided by vendors can also be included in the data aggregation and analysis process to promote compliance.

Accounts Payable 56

Accounts Payable Auditing Compliance Technology 56

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

NOVEMBER 2, 2018

Payroll technology firm ADP is strengthening its integration into Intuit ‘s QuickBooks platform, the company said Thursday (Nov. That deal sees employees able to access their wages more quickly, with Ingo providing push payment technology for workers to use their mobile phones to cash checks or load funds to ADP payroll cards.

General Ledger 62

General Ledger Accounts Payable Benchmarking Compliance 62

PYMNTS

JULY 3, 2019

Business process automation technology company ITESOFT is collaborating with business solutions integration company Prodware to connect its procure-to-pay solutions to Microsoft Dynamics NAV/Business Central. Their collaboration aims to address procure-to-pay regulatory compliance and fraud risks, the firms said.

Accounts Payable 46

Accounts Payable Invoicing B2B Compliance 46

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

PYMNTS

MARCH 21, 2019

For many companies, the accounts payable (AP) process is mired in paper, but technology, properly deployed, can cut down the paper chase, streamlining the journey between getting invoices and paying them. An ERP-agnostic cloud solution will provide global visibility even though you are changing ERP or upgrading ERP version.”.

Accounts Payable 48

Accounts Payable Invoicing Compliance SAP 48

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

CFO Talks

JANUARY 30, 2023

Increased automation of financial processes such as accounts payable, bank reconciliations, financial closes and reporting is freeing up the CFO’s time, enabling them to focus their energies on analysis and storytelling rather than crunching numbers.

Finance 52

Finance CFO Accounts Payable Forecasting 52

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). . Massachusetts-based accounts payable (AP) automation technology firm MineralTree Inc. 23) after the firm had an IPO at $33 per share.

Accounts Payable 61

Accounts Payable Treasury Construction Accounting 61

PYMNTS

APRIL 8, 2020

As the nation’s traditional financial institutions struggle to cope, alternative lending platforms and other B2B FinTechs are exploring how to put their own technologies to good use. Bottomline Technologies. Wolters Kluwer.

Banking 98

Banking Accounts Payable Compliance Technology 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

PYMNTS

AUGUST 21, 2019

The drive to eliminate paper in the accounts payable process, to cut the steps that lead to inefficiencies, continues to get a boost from technology. Through the use of artificial intelligence and machine learning, the high cost of purchasing and the implementation of data capture technology have gone away,” Flynn told PYMNTS.

Accounts Payable 46

Accounts Payable Invoicing Financial Systems Compliance 46

PYMNTS

JANUARY 26, 2021

Terrence McCrossan , CEO of Oversight , spoke with PYMNTS about the opportunity organizations have to not only keep employee spending in check, but to optimize the ways the enterprise spends money across functions, from T&E (travel and entertainment) to accounts payable (AP) and procurement.

Auditing 75

Auditing Invoicing Compliance Accounts Payable 75