PYMNTS

SEPTEMBER 23, 2020

There are three new features — Intelligent Collections, Intelligent Vendor Management and Intelligent Planning — which are intended to remove time-wasting steps and friction and improve cash flow for corporate finance teams, the release stated.

Corporate Finance 70

Corporate Finance Finance Cash Flow Forecasting Vendor Management 70

Future CFO

FEBRUARY 13, 2023

Having an experienced succession of crises since the beginning of 2020, FutureCFO asked two finance leaders their views on the challenges facing treasury and cash management during the pandemic and coming out of it. What is the biggest change to the Treasury and Cash Management (TCM) function brought about by the pandemic?

Treasury 98

Treasury Cash Management Restructuring Accounts Payable 98

PYMNTS

JULY 7, 2020

With a focus on its broader treasury management offerings, People’s United is adding MineralTree’s invoice-to-pay solution and FIS’s integrated payables technology to streamline business clients’ accounts payable processes. Five Star Bank Taps Corserv Card Tech.

Banking 96

Banking Accounts Payable Treasury Finance 96

PYMNTS

APRIL 30, 2019

This challenge often emerges with small businesses (SMBs) that are not large enough to fit into a bank’s corporate and treasury services unit, and are, therefore, forced into being serviced with consumer-targeted products. The financial services space often encounters the conundrum of trying to fit a square peg in a round hole.

Corporate Finance 61

Corporate Finance Accounts Payable Finance Invoicing 61

PYMNTS

SEPTEMBER 17, 2019

“Although new technology is appealing, treasury and finance professionals tend to stick with what works for them, and their vendors,” said AFP President and CEO Jim Kaitz. FinTechs Move Money To Vendors Faster. It offers businesses a three-month repayment plan when 3Pay fronts the bill to pay for outstanding invoices.

Accounts Payable 43

Accounts Payable B2B Accounting Invoicing 43

PYMNTS

DECEMBER 13, 2018

As the corporate treasurer takes on a more strategic role in the enterprise, treasury and cash management technologies can often be stuck in the past, failing to keep up with financial execs’ needs. “And from there, you have to go to your ERP system, your accounts receivable and accounts payable data, and normalize that data.”

Treasury 62

Treasury Banking Cash Management Accounts Payable 62

PYMNTS

OCTOBER 19, 2020

While efficiency brought on by digitization and the treasury function can both play a vital role in helping a business bolster working capital, banks can play a role, too. Banks can provide alternative, low-cost and less document-intensive forms of financing, like supply chain financing,” Gupta said. Supply Chain Financing.

Finance 60

Finance Banking Accounts Payable Invoicing 60

PYMNTS

FEBRUARY 1, 2021

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

B2B Treasury Accounts Payable Cash Management 94

PYMNTS

JANUARY 14, 2021

Today in B2B payments, Citi announces its news Treasury and Trade Solutions (TTS) head, while Rho lands new funding and adds accounts payable to its business banking technology. Citi Taps Khaliq to Lead Treasury and Trade Solutions. Million for Finance Management Tools. Million For Finance Management Tools.

B2B 56

B2B Accounts Payable Banking Invoicing 56

PYMNTS

SEPTEMBER 28, 2020

This week's B2B Data Digest looks at the latest figures behind such fraud targeting corporate finance teams. 21 percent of business leaders say payment authorization and authentication are requirements when choosing a treasury management platform , a report by Citizens Commercial Banking found. Barrenechea in a statement.

Accounts Payable 96

Accounts Payable Invoicing Treasury B2B 96

PYMNTS

DECEMBER 1, 2020

We discover a basic truth upon reading PYMNTS November 2020 CFO’s Guide To Digitizing B2B Payments done in collaboration with Comdata : many treasury operations need digital triage. Corporate Treasury Needs More Love. B2B invoices generally take 37.4 are still conducted with checks.”. APIs Fostering Connectedness.

Treasury 64

Treasury Accounts Payable B2B Invoicing 64

PYMNTS

NOVEMBER 10, 2020

Businesses of all sizes struggle with capital management, regardless of whether they employ staff or seek out third parties to handle their cash flows, accounts payable (AP) and accounts receivable (AR) processes and other related tasks. Factors Affecting Working Capital Needs. Automating Capital Management.

Accounts Payable 87

Accounts Payable Invoicing Treasury Sales 87

PYMNTS

FEBRUARY 28, 2020

One of the latest FinTech firms to do so is accounts payable (AP) automation company Centsoft , which recently announced a data integration with QuickBooks Online. It’s one thing to enable two B2B FinTech platforms — like an accounts payable and accounting platform — to share data with each other.

Accounts Payable 83

Accounts Payable Banking Invoicing B2B 83

PYMNTS

MAY 13, 2020

Accounts payable (AP) tools that provide quick, detailed oversights of businesses’ financial statuses and payments obligations can help pick up the pace of payments by keeping invoice approval processes on track. Deep Dive: Ho w AP Automation Enables More Informed Investment Decisions. Download the Tracker to read the Deep Dive.

Invoicing 79

Invoicing Accounts Payable B2B Budgeting 79

PYMNTS

NOVEMBER 11, 2020

Back office modernization is in the spotlight like never before, and solutions that streamline accounts payable (AP) and accounts receivable (AR) functions are in high demand. A recent survey found that 74.2

Accounts Payable 87

Accounts Payable Invoicing Treasury Reconciliations 87

PYMNTS

FEBRUARY 6, 2020

Finrails AP offers businesses a cloud-based accounts payable (AP) solution that automates B2B payments on a secure digital dashboard using numerous payment methods. The company raised $15 million in 2018 in a debt financing funding round. Payments are facilitated using virtual Visa commercial cards, ACH and checks.

Banking 67

Banking Accounts Payable B2B Invoicing 67

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

Future CFO

AUGUST 19, 2021

Three quarters of C-suite executives believe that intelligent automation helped to augment their finance employees’ capabilities, according to results of a survey jointly done by the Institute of Singapore Chartered Accountants (ISCA) , AI Singapore and the National University of Singapore (NUS) Business School recently. Efficiency.

Accounts Payable 40

Accounts Payable Treasury Risk Management Finance 40

PYMNTS

JANUARY 7, 2021

There are a lot of moving parts in B2B payments that are keeping corporate finance executives busy as they work to modernize and optimize their operations. They have also intensified the need for finance professionals to close the gap between a payment and transaction data, with integrations allowing for a more seamless flow of information.

B2B 97

B2B Accounts Payable Treasury Corporate Finance 97

PYMNTS

APRIL 10, 2020

Financial technology innovation has opened the doors to massive transformation of corporate finance departments. While flashy corporate FinTech is exciting, innovation efforts have rarely focused on a mainstay of corporate finance teams: the financial close process, a crucial, but continually outdated function.

Corporate Finance 87

Corporate Finance Accounts Payable Finance Treasury 87

PYMNTS

JUNE 19, 2020

Finance reported. “Many small businesses will continue to struggle in the weeks and months to come,” Senator Ben Cardin (D-Maryland) told Yahoo. ” The senators told Treasury Secretary Steven Mnuchin about their plan to advance the proposal during a recent Small Business Committee.

Prioritization 91

Prioritization Accounts Payable Treasury Economics 91

PYMNTS

JANUARY 8, 2021

Fides Expands Connectivity for Finance Professionals. Fides Treasury Services , which works in multibank connectivity and communications, has rolled out new details about its plans to extend its shop for corporate treasury and finance solutions, according to a press release. For the week that ended Dec.

B2B 86

B2B Treasury Invoicing Finance 86

PYMNTS

JULY 16, 2019

The embrace of the cloud has opened up the opportunity for procurement, travel and expense management, treasury management and other corporate financial platforms to integrate and embed the payments function directly within that solution. procurement), and its related payments (i.e., the function of payment a vendor). The Next Steps.

B2B 60

B2B Accounts Payable Treasury Reconciliations 60

PYMNTS

APRIL 29, 2016

Accounts payable departments can use the strategy set to identify dynamic discounting opportunities, optimize their payment terms, streamline reporting and data capture and access supply chain finance. Accounts payable and procurement are partnering with treasury to look at cash management more holistically,” the executive said.

Cash Management 40

Cash Management Accounts Payable Treasury Invoicing 40

PYMNTS

MAY 1, 2019

Corporate treasury technology company HighRadius is rolling out a new cash flow forecasting solution developed using artificial intelligence (AI) technology.

Forecasting 40

Forecasting Cash Flow Forecasting Treasury Accounts Payable 40

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.

Accounts Payable 52

Accounts Payable Treasury Accounting Compliance 52

PYMNTS

OCTOBER 6, 2020

The panel included Kivanc Onan , head of B2B Payments, Financing and Protection, North America for Alibaba ; Rob Rosenblatt , CEO of Behalf ; Sarfraz Nawaz , Digital Transformation, Supply Chain at Johnson & Johnson ; Tony Uphoff , CEO of Thomas ; and Trish Fisher , senior director, Treasury Operations at WeWork. The Supply Chains.

B2B 84

B2B Treasury Communication Accounts Payable 84

Strategic Treasurer

JULY 7, 2022

Proper prioritization requires insights, and insights require visibility across cash, accounts receivable, inventory, and accounts payable. Field of Study : Finance – Technical. Priorities must come before proper action on working capital and liquidity management. Prerequisites : None. Advanced Preparation : None.

Accounts Payable 93

Accounts Payable Prioritization Leadership Education 93

PYMNTS

DECEMBER 12, 2018

11), Cred revealed the rollout of its developer platform CredX (not to be confused with the new credit card accounts payable solution recently launched by Finexio ). Its set of application program interfaces (APIs) enable businesses to use crypto as collateral to access corporate financing products.

Corporate Finance 55

Corporate Finance Accounts Payable Treasury Finance 55

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

PYMNTS

SEPTEMBER 4, 2018

Corporates may not be adopting faster and real-time payments technologies as fast as consumers, but that doesn’t mean the acceleration of payments isn’t impacting corporate finance. One of the areas ready for real-time disruption is foreign exchange (FX) management, which is “the road to real-time treasury,” according to the report.

Foreign Exchange 40

Foreign Exchange Banking Accounts Payable Treasury 40

PYMNTS

OCTOBER 7, 2020

Thanks to accelerated digitization of accounting and finance functions like accounts payable, treasury professionals are empowered through automation and have more time for value-added operations like cash flow forecasting — another area that can benefit greatly from such transaction data.

Cash Flow Forecasting 103

Cash Flow Forecasting Accounts Payable Forecasting Treasury 103

PYMNTS

JUNE 30, 2016

The perception of the role of Accounts Payable among professionals has moved up a notch, according to Ardent Partners. Companies considered the AP unit as far less collaborative with the finance and treasury departments, researchers found. Professionals expect the accounts payable department to evolve.

Accounts Payable 41

Accounts Payable Invoicing Leverage Treasury 41

PYMNTS

NOVEMBER 4, 2019

. $600,000 was reportedly stolen by a Canadian bookkeeper , who was found to have taken advantage of the fact that the company’s president, Robert George, signed blank checks for the bookkeeper to make payments in accounts payable and payroll. 777 million was stolen from U.K.

Accounts Payable 40

Accounts Payable Invoicing Healthcare Treasury 40

PYMNTS

JUNE 25, 2020

Many of these questions are essential to the chief financial officer, treasurer and finance departments within an organization as they map out their own liquidity and cash flow resiliency strategies. Liquidity Resiliency Through Technology. Mitigating Risk.

Cash Flow Forecasting 60

Cash Flow Forecasting Planning Treasury Forecasting 60

PYMNTS

MAY 11, 2018

The potential cannot be ignored, however – particularly in the finance department, where information from accounts payable, accounts receivable, treasury and accounting hold the keys to insight into cash flow, predictable payment behavior and new opportunities to boost the bottom line. ”

Accounts Payable 40

Accounts Payable Treasury SAP Forecasting 40

PYMNTS

JANUARY 16, 2020

Solution providers in accounts payable (AP) and accounts receivable (AR) are increasingly servicing not only their corporate customers, but their customers’ own business partners with their technologies. The AP Impact of Late AR.

Accounts Payable 56

Accounts Payable Invoicing Treasury Education 56