PYMNTS

JULY 3, 2018

Amid talk of enterprise digitization, discussions about paper invoices and checks persist. New research suggests a vast divide between businesses that have embraced technology and electronic processes in the accounts payable department and businesses that instead prefer to retain those paper invoices and checks.

Accounts Payable 41

Accounts Payable Accounting Invoicing Reconciliations 41

PYMNTS

NOVEMBER 26, 2020

These firms are also looking to process invoices faster and more efficiently, and they are adopting automations that can rapidly interpret invoice-related information and flow it into their systems. . That means leaving old-fashioned AR methods behind, as many corporate clients no longer want to receive invoices in the mail. . “It

Invoicing 67

Invoicing B2B Accounts Payable Reconciliations 67

PYMNTS

JUNE 12, 2020

Freelancers have seen particularly harsh economic effects from the ongoing pandemic. Forty percent of those in the U.S. have lost at least $10,000 in income since its onset, leaving many operating on fast-declining savings. The nation

Reconciliations 53

Reconciliations Invoicing Finance Economics 53

Future CFO

AUGUST 1, 2023

Supriya Deka: The general features of financial applications include accounting, reporting & analytics, bank reconciliation, billing & invoicing, asset management, budgeting & forecasting, financial risk management, expense tracking, and payroll management.

Invoicing 98

Invoicing General Ledger Reconciliations Budgeting 98

CFO Simplified

DECEMBER 26, 2021

Your Ultimate Finance Department Checklist (By Business Size). It’s easy to grow without noticing that your finance and accounting department is stretched far too thin. Here’s a guide to set your accounting and finance department up for success as your business grows. Roles and Responsibilities.

Finance 52

Finance General Ledger CFO Auditing 52

PYMNTS

SEPTEMBER 17, 2019

Instead, taking a look at the latest solutions to emerge on the market shows various applications for speed in commercial transactions, from faster deposits for small businesses, to virtual cards enabling faster invoice payments for suppliers. Chase Accelerates SMB Bank Deposits. FinTechs Move Money To Vendors Faster.

Accounts Payable 43

Accounts Payable B2B Accounting Invoicing 43

PYMNTS

FEBRUARY 28, 2020

Purchase, invoice and transaction data are invaluable to the journey of digitization and automation, but organizations are increasingly recognizing that the value can only be realized if that data can integrate seamlessly across platforms. “This combination increases data accuracy, and shortens payment cycles.”

Accounts Payable 83

Accounts Payable Banking Invoicing B2B 83

PYMNTS

JUNE 16, 2020

In the June 2020 edition of The Gig Economy Tracker® done in collaboration with Tipalti , we find these traits, among others, defining innovation in accounts payable (AP) software. Many still use manual invoicing systems that can slow payment processes. Interest in cloud-based payables automation was hot before the pandemic.

Reconciliations 67

Reconciliations Invoicing Accounts Payable Auditing 67

PYMNTS

NOVEMBER 11, 2020

The Playbook also calls out “three-way invoice matching — in which staff must compare invoices to purchase orders and goods received notes,” and the frustrations that brings, but automation can reduce these stresses by matching these invoices automatically. Platforms Streamlining Mass Payables.

Accounts Payable 87

Accounts Payable Invoicing Treasury Reconciliations 87

PYMNTS

DECEMBER 29, 2020

With the pandemic forcing accounts payable (AP) and accounts receivable (AR) departments to hit the gas on their digitization roadmaps, finance leaders are grappling with an accelerated pace of change that can, at times, be overwhelming. But it can be a lot simpler.”. The Need For Change.

B2B 82

B2B Accounts Payable Invoicing Reconciliations 82

PYMNTS

NOVEMBER 21, 2018

With pressure mounting for the enterprise to digitize, accounts payable automation is seen as a crucial part of achieving greater efficiency, cost savings, visibility into spend and strengthening of vendor relationships, to name a few benefits. But when it comes to money, businesses may be reluctant to hand the reins to a third party.

Accounts Payable 63

Accounts Payable Invoicing Reconciliations Accounting 63

CFO Talks

MARCH 20, 2024

Both the CFO and Controller deal with the company’s finances, but they focus on different things. Think of a Controller as the head of getting day-to-day money matters right, like making sure every penny is accounted for and reports are spot-on. What’s Different? Trying to do both jobs.

CFO 52

CFO Accounts Payable Financial Analysis Auditing 52

PYMNTS

DECEMBER 15, 2020

Because consumer transactions continue to rely on cash, the accounts receivable (AR) and accounts payable (AP) processes within the supply chain can be fragmented. By purchasing the invoice from the buyer, the company pays vendors via ACH upon delivery, while allowing those suppliers to offer payment terms to their customers.

B2B 111

B2B Accounts Payable Startups Invoicing 111

PYMNTS

NOVEMBER 26, 2019

Accounts payable (AP) automation is beneficial, and even necessary, for many businesses still bogged down by paper. It’s an expansion of Billtrust’s offering that aims to improve accounts payable processes by tackling supplier-side friction. Tipalti Collaborates To Ease Vendor Acceptance.

Accounting 64

Accounting Accounts Payable B2B Reconciliations 64

PYMNTS

FEBRUARY 1, 2021

It’s not that automating invoice generation, banishing checks, automating the cash application process and systematically removing all the manual touches from accounts payable (AP) and accounts receivable (AR) workflows weren’t unknown concepts among chief financial officers (CFOs) and treasury departments at the time.

B2B 94

B2B Treasury Accounts Payable Cash Management 94

PYMNTS

FEBRUARY 7, 2019

A press release revealed that the company will make its automated accounts payable (AP) solution available to U.K. ” The launch comes as AP automation grows increasingly in-demand among corporate finance professionals. .’s Procure-to-pay software company Yooz plans to expand into the U.K.,

Accounts Payable 49

Accounts Payable Marketing Invoicing Reconciliations 49

PYMNTS

MARCH 4, 2020

The enterprise resource planning ( ERP ) system has been a staple of corporate finance operations for years, acting as a central repository of data and a hub to initiate a range of processes, from accounting to procurement. Efforts to modernize procurement and accounts payable are also opportunities for data integration with the ERP.

Cash Flow Forecasting 104

Cash Flow Forecasting Accounts Payable General Ledger Corporate Finance 104

PYMNTS

MARCH 27, 2019

Accounts payable (AP) automation company Tipalti is expanding its reach into the market by partnering with three new B2B companies, which will extend Tipalti’s solutions to their own customers. The enhanced integration aims to strengthen control and communication for both ends of the transaction.

B2B 46

B2B Accounts Payable Reconciliations Cash Management 46

PYMNTS

JULY 28, 2020

Although the enterprise continues to accelerate its digitization efforts, chief financial officers keep hitting roadblocks when it comes to modernizing workflows regarding accounts payable (AP) and embracing electronic payments. Not so, says Meitra Aycock , senior vice president of operations at Comdata.

B2B 70

B2B Reconciliations Accounts Payable Prioritization 70

The Finance Weekly

MARCH 13, 2022

Because Finance forms the backbone of any business. Here are some examples of shining up-and-coming companies that sell to finance departments, as well as what their VCs had to say about them. It combines accounts payable automation, software-enabled corporate cards, and employee expense reimbursements.

Financial Planning and Analysis (FP&A) 52

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

Spreadym

JUNE 19, 2023

Manage Accounts Receivable: Monitor your accounts receivable closely, ensuring that customers pay their invoices on time. Implement efficient invoicing processes, offer incentives for early payments, and promptly follow up on overdue payments to minimize the risk of cash flow gaps.

Cash Flow Forecasting 52

Cash Flow Forecasting Invoicing Forecasting Accounts Payable 52

PYMNTS

FEBRUARY 5, 2020

For the companies that pay these workers, sometimes globally and across currencies, managing accounts payable (AP) processes is quickly becoming a complex endeavor. As the traditional payroll functions recede into the background, handling huge volumes of invoices — for platforms, that can mean thousands of invoices — becomes unwieldy.

Invoicing 61

Invoicing Accounts Payable Foreign Exchange Currencies 61

PYMNTS

JULY 2, 2020

Often at the center of this initiative is the accounts payable (AP) department — and unsurprisingly for these volatile times, the strategy can turn toward lengthening the days payable outstanding (DPO). “We’re seeing a lot more of that mentality.” “It’s also the ergonomics of it.

Economics 104

Economics Accounts Payable B2B Reconciliations 104

PYMNTS

SEPTEMBER 23, 2019

While FinTechs are offering a greater variety of solutions to business users than ever before, corporate finance chiefs and treasurers still turn to their banks first to improve their B2B payments strategies. trillion suspended between accounts receivable and accounts payable as those payment terms lengthen and B2B sales are made on credit.

B2B 49

B2B Banking Accounts Payable Corporate Finance 49

CFO Share

SEPTEMBER 27, 2022

In-house accountants perform many or all the same tasks as outsourced accountants, including: Routine bookkeeping. Account reconciliations. Managing and accounting for payroll . In-house accountants are most common in larger businesses that have significant accounting workloads.

Accounting 40

Accounting Accounts Payable Invoicing Manufacturing 40

PYMNTS

FEBRUARY 25, 2020

New technology solutions are stepping onto the market to help automate accounts receivable, accounts payable and the act of supplier payments, as well as other processes surrounding these fields, like trade finance, cash flow management and accounting. Expanding the Integration Scope Beyond the Payment.

B2B 69

B2B Accounts Payable General Ledger Finance 69

PYMNTS

MAY 26, 2016

Tipalti is launching its first-ever, end-to-end solution for accounts payable departments on the heels of news that the company secured an integration of its supplier payment solutions into the NetSuite SuiteCloud platform. ” The executive added that Tipalti’s new AP platform provides “unmatched automation.”

Accounts Payable 41

Accounts Payable Invoicing Reconciliations Compliance 41

PYMNTS

SEPTEMBER 20, 2018

Research published last year from the International Factoring Association (IFA) pointed to the trucking and freight industry as the market that uses invoice factoring solutions more than any other. Invoices submitted for financing by freight factoring firms account for more than one third of all invoices processed for funding, the IFA said.

Accounting 63

Accounting Invoicing Accounts Payable Transportation 63

PYMNTS

SEPTEMBER 14, 2018

Traveling further into the world of procurement analytics, these professionals are also exploring trends in supplier behavior, purchase order and invoice management, and beyond. CFOs and controllers are seeing insight into supplier habits, for instance, particularly the issue of vendors backdating their invoices.

Invoicing 59

Invoicing Budgeting Accounts Payable Reconciliations 59

PYMNTS

JULY 10, 2020

Although commercial card products can offer working capital benefits on both ends of the B2B transaction, adoption lags behind other digital payment methods in accounts payable (AP) departments. In addition to heightened visibility and access to reconciliation data, corporate cards connect businesses to a valuable line of credit.

Entertainment 80

Entertainment Accounts Payable B2B Reconciliations 80

PYMNTS

AUGUST 3, 2016

Further, SciQuest revealed other features, including the Portfolio Savings Manager to support corporate savings efforts, built-in reporting capabilities and enhanced integration with invoicing and analytics for data aggregation and invoice reconciliation. ”

Accounts Payable 40

Accounts Payable Reconciliations Invoicing Accounting 40

PYMNTS

OCTOBER 10, 2017

“Although the rate of adoption is good, corporates are not leveraging all the benefits of the digital transformation to provide new propositions to their clients, to help them move away from checks and increase overall efficiency in reconciliation and fraud,” the report concluded. Regional Trends.

B2B 49

B2B Reconciliations Invoicing Accounts Payable 49

PYMNTS

FEBRUARY 12, 2018

Can the business model that’s kept the wheels of retail payments and commerce moving for the last six decades turn the whole notion of SMB trade finance on its head? There is a network that authenticates the transaction, sets the fees and moves the invoice to a bank to authorize the transaction and make the payment to the seller.

Accounts Payable 43

Accounts Payable Invoicing Accounting Reconciliations 43

PYMNTS

JULY 16, 2020

. “By integrating the payments and eCommerce with the ERP, it’s going to allow businesses to effectively drive online revenues as well as improve payment processing and time of payment,” said George, adding that Aptean supports real-time invoice and payments reconciliation as a result of that ERP connectivity.

B2B 59

B2B eCommerce B2C Accounts Payable 59

PYMNTS

JUNE 22, 2016

In B2B payments, accounts payable automation is a hot topic, as are the challenges AP professionals face when it comes to paying suppliers and managing the data from those transactions. But a new report from Corcentric , written by the Institute of Finance & Management (IOFM), details the hurdles on the other side of the payment.

Accounting 42

Accounting Invoicing Reconciliations Accounts Payable 42

PYMNTS

JANUARY 26, 2017

Cross-border payments, trade finance, smart contracts — blockchain has the potential to disrupt B2B processes, but FinTech players are only beginning to take these concepts onto a real-world stage. Real-time payments and reconciliation, the company added, could be a major boost to corporate cash management efforts, too.

SAP 57

SAP Invoicing Reconciliations B2B 57

PYMNTS

MAY 15, 2018

Part of innovators’ motivation to target this industry is the fact that there are so many points in business-to-business transacting that have the potential for friction – from supplier sourcing to procurement to payments and reconciliation. “If you look at it in a circular fashion,” he said, “it feeds into itself. .”

B2B 40

B2B Invoicing Reconciliations Education 40