PYMNTS

NOVEMBER 6, 2020

Handling accounts payable (AP), accounts receivable (AR), cash flows and other capital management tasks is an inescapable reality for almost every business that deals with inventory and sales, but these commonplace processes are fraught with obstacles. About The Playbook.

Invoicing 62

Invoicing Accounts Payable Leverage Treasury 62

PYMNTS

SEPTEMBER 15, 2020

Postal Service have added yet another hurdle to the payment method, which can affect everything from accounts payable (AP) to payroll to insurance disbursements. First Horizon Mixes Rails for Faster Treasury Payments.

Currencies 105

Currencies Accounts Payable Treasury B2B 105

PYMNTS

DECEMBER 18, 2020

There’s simply no longer the time or bandwidth for manual accounts payable (AP) and accounts receivable (AR). An inefficient accounts payable process can lead to the loss of potential volume discounts, require additional staff and drive up the cost of processing,” the report continued. The poll of 325 U.S.

Accounts Payable 64

Accounts Payable Invoicing Treasury Accounting 64

PYMNTS

OCTOBER 7, 2020

To achieve this objective, merchants can leverage payments data to better understand their customers’ behavior. “If you see a trend in a very important customer segment that is accelerating, you want to know sooner rather than later to take corrective measures.”. Wimmer said that as one of the major issuers, J.P.

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

FEBRUARY 22, 2019

But, in fact, banks and FinTechs may make for the perfect marriage, as each works to leverage their unique strengths and opportunities. These companies also might need a sophisticated accounts payable (AP) platform, such as AvidXchange.

Banking 82

Banking Accounts Payable Treasury Compliance 82

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. In addition, smaller companies also face challenges due to inefficiencies within their account payables and account receivables.

Finance 60

Finance Banking Accounts Payable Invoicing 60

PYMNTS

NOVEMBER 8, 2019

Bottomline Technologies reported fiscal first-quarter results that showed continued traction in areas of digital banking and accounts payable (AP) technologies. In terms of headline numbers, consolidated revenues were up 5.6 percent to $108.1 million, edging consensus by about $2 million.

Banking 43

Banking Accounts Payable Healthcare Treasury 43

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 ). Cryptocurrency-backed lending platform Cred is opening up its technology to third-party developers, the company has announced. In a press release on Tuesday (Dec.

Corporate Finance 55

Corporate Finance Accounts Payable Treasury Finance 55

PYMNTS

DECEMBER 6, 2018

The research found how ePayables technology is used in the modern B2B ecosystem, how that usage is set to change going forward and how companies looking to leverage this technology can formulate a strategic approach to streamline the transition away from paper-based B2B payments.

B2B 49

B2B Accounts Payable Leverage Treasury 49

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

AUGUST 3, 2016

The event, sponsored by American Express, focused on the ways health care organizations can manage the exit of paper, manual-based accounts payable processes and progress into digital B2B payments. The latest soapbox to do so was Becker’s Hospital Review ‘s 7th Annual Meeting held last month.

Accounts Payable 40

Accounts Payable B2B CFO Education 40

PYMNTS

JANUARY 13, 2021

Using advanced analytics in the service of cash flow can be a significant aid as treasury operations and AR operations are converging at a rapid clip, Shields noted — which means treasury officials can make better decisions about working capital and how cash needs may be changing within a company (optimizing ongoing operations).

Accounting 94

Accounting Invoicing B2B Treasury 94

PYMNTS

DECEMBER 28, 2020

PYMNTS December 2020 Global B2B Payments Playbook done in collaboration with Worldpay makes a simple, somewhat baffling observation: “Many B2B payments are [still] being made over the same rails that firms have leveraged for decades, utilizing familiar payment tools and being supported by the same pre- and post-payment systems.”.

B2B 71

B2B Cash Flow Forecasting Invoicing Leverage 71

PYMNTS

SEPTEMBER 26, 2018

With adoption rates now rising, accounts payable (AP) departments have improved their positions within the enterprise as strategic functions, with the potential to offer greater insight into company operations. For years, B2B FinTech players have pressed businesses to adopt electronic payments. less to process a single invoice.

Accounts Payable 64

Accounts Payable Accounting Invoicing B2B 64

PYMNTS

SEPTEMBER 27, 2019

Paro told reporters that it will look to wield the data it now has, and leverage it for freelancers and businesses using its solution. should look like,” and develop new features for its startup clients with a focus on payments and treasury management. Everledger.

B2B 59

B2B Accounts Payable Startups Advertising 59

Spreadym

JULY 19, 2023

Examples of current liabilities include: Accounts payable (amounts owed to suppliers) Short-term loans and borrowings Accrued expenses (expenses incurred but not yet paid) Current portion of long-term debt (the portion of long-term debt due within one year) b.

Profit and Loss 52

Profit and Loss Investments Finance Sales 52

PYMNTS

JULY 10, 2020

Many consumers are again earning steady paychecks, while others are leveraging their stimulus fund disbursements to make more purchases. Sixty-five percent of SMBs in one report said a key B2B payment friction their treasury departments experienced was that “manual payment generation workflows are error-prone and time-consuming.”

Invoicing 55

Invoicing Budgeting Leverage Treasury 55

PYMNTS

JUNE 9, 2017

The new Mastercard B2B Payments Hub will enable an end-to-end automated solution for invoices and accounts payable to those businesses. Also important to the “Mighty Middles,” Prager added, is that these businesses don’t have developed treasury resources to manage vendor relationships and payments options.

B2B 48

B2B Invoicing Accounts Payable Accounting 48

PYMNTS

OCTOBER 20, 2020

In the bid to modernize B2B payments , accounts receivable (AR) and accounts payable (AP) need to work together. Along the journey to modernize payments, corporates should turn to their treasury bank partners as they seek to streamline back-office functions, according to the panel.

B2B 104

B2B Accounts Payable Treasury Invoicing 104

PYMNTS

OCTOBER 23, 2019

One of them is Deluxe Corporation, whose Treasury Management Solutions unit announced this week a new plug-and-play check scanner that allows users to more seamlessly begin scanning paper checks and integrating that information into back-end systems. For BitPesa, developing a new blockchain payment rail is the answer to that demand.

B2B 40

B2B Accounts Payable Foreign Exchange Treasury 40

PYMNTS

JUNE 6, 2019

Many accounts payable ( AP ) departments are still burdened with manual, paper-based payment processes, or have implemented payment automation solutions only to find that the benefits weren’t as significant as they’d hoped. Thus, accounts payable management is all too often more art than science.

Accounts Payable 71

Accounts Payable Accounting Treasury B2B 71

Planful

JANUARY 3, 2017

Accounts payable. Accounts receivable and collections management. Treasury and cash management. General ledger accounting. The good news here is that EPM systems can often leverage Excel as a front-end, and are designed to integrate with and collect data from multiple sources – ERP, GL, HR, Sales, Marketing, etc.

General Ledger 40

General Ledger Budgeting Forecasting Cash Flow Forecasting 40

Future CFO

MAY 9, 2022

Historically, the CIO has been driving the initiative because it involved backend automation – typically low human touch environments," Chen said, "But now automation has moved towards the business where people want to leverage technology to streamline the growing number of frontend processes.

Accounts Payable 52

Accounts Payable Treasury Accounting Finance 52