Bramasol

SEPTEMBER 10, 2023

Evolution of AI in Subscription-Based DSE Systems Before the widespread adoption of generative AI, both B2C and B2B markets have been utilizing various AI and machine learning applications to enhance their subscription-based services and products. Netflix, Spotify) to suggest content based on user preferences and viewing/listening habits.

SAP 89

SAP B2C B2B Microsoft Office 89

PYMNTS

OCTOBER 5, 2020

Compliance automation startup Strike Graph has launched with a $3.9 The company aims to eliminate the confusion related to cybersecurity audit and certification processes by assisting companies in scoping correctly-sized audits and dynamically adjusting controls. million seed funding round, according to a press release.

Auditing 56

Auditing B2B Compliance Startups 56

PYMNTS

OCTOBER 24, 2019

HRS CEO Tobias Ragge said in the announcement, “As we’ve piloted with integrated hotel payment solutions around the world in recent years, the program compliance metrics are clear.” He continued, “When our clients use our payment solutions, we’ve seen hotel compliance rise by on average 23 percent.

Compliance 40

Compliance Auditing Invoicing eCommerce 40

PYMNTS

SEPTEMBER 14, 2017

One exception may be in the T&E space, in which FinTechs are introducing ways for employees to make B2B payments and integrate transaction data into expense management systems, a reflection of the mobile nature of the traveling employee. The enterprise has been a bit skeptical about mobile payments.

B2B 55

B2B Auditing Compliance Securities 55

PYMNTS

AUGUST 23, 2018

More than 130 startups have been chosen to join Y Combinator’s Summer 2018 class, and according to reports , B2B software is dominating the roster. Of the 132 startups that launched at Y Combinator’s two-day pitching event, Demo Day, 30 percent are B2B software firms — more than any other vertical.

B2B 40

B2B Pharmaceutical Startups Auditing 40

PYMNTS

AUGUST 17, 2018

B2B FinTech is undoubtedly a hot spot for venture capitalists (VCs) this year. However, this summer, a different kind of B2B startup has captured investors’ attention. Enterprise blockchain startup Axoni secured $32 million in Series B funding this week, the company announced in a press release. AuditBoard. Capital On Tap.

Startups 40

Startups B2B Auditing Invoicing 40

PYMNTS

MARCH 7, 2018

B2B FinTechs are playing an especially prominent role in this trend, analysts noted. We saw more and more B2B FinTech models proving out at the banks, coupled with larger and later-stage investments as the FinTech world scales up,” explained Julian Skan, Accenture practice senior managing director, in a statement. “We

B2B 52

B2B B2C Finance Management Consulting 52

PYMNTS

AUGUST 19, 2016

is in a B2B startup lull, it seems. B2B startups. Asia scored big this week with investments in Singapore, India and China across industries like enterprise security and eInvoicing, while European startups made their mark, too. ” Enterprise Security. None, however, went to U.S. could be on the horizon. eInvoicing.

Startups 40

Startups B2B Invoicing Auditing 40

PYMNTS

JULY 8, 2019

Onyx CenterSource , a global provider of B2B payments and business intelligence solutions to the hospitality industry, announced it has partnered with tax software provider Sovos to expand its Onyx’s InvoicePro eInvoicing capabilities. The company has now chosen Sovos to help it meet the upcoming changes in the compliance sector.

Compliance 46

Compliance Invoicing Auditing B2B 46

PYMNTS

NOVEMBER 29, 2018

In the entertainment space, one blockchain company wants to address a range of financial pain points for the “Hollywood economy,” including financing and B2B payments. However, Woodrow has other plans for the cryptocurrency to target more unique points of friction facing the entertainment space today, particularly in B2B payments.

Auditing 54

Auditing Entertainment B2B Finance 54

PYMNTS

NOVEMBER 2, 2018

As legal cannabis spreads, the industry is a big opportunity for FinTech, as industry players struggle to manage intense compliance requirements and limited access to traditional financial services. See how nearly $174 million in funding for B2B startups landed in our roundup below. Mission Secure. Shape Security.

B2B 75

B2B Startups Investments Compliance 75

PYMNTS

JULY 5, 2020

According to the press release, the software could be useful for companies looking to change up their human capital management (HCM) systems, integrating old data and streamlining the process for payroll by providing access to data securely and completely.

Auditing 56

Auditing B2B Compliance Securities 56

PYMNTS

MARCH 28, 2019

Automated expense report auditing company AppZen is introducing a new spend auditing platform to analyze supplier invoices using artificial intelligence (AI). “The major takeaway from this data is not that employees in certain industries commit more fraud,” AppZen noted at the time. ”

Invoicing 46

Invoicing Auditing Accounts Payable Compliance 46

PYMNTS

OCTOBER 30, 2020

Slow compliance checks and sluggish processing times are commonplace, especially on the legacy systems still used by many banks around the world. Automating Compliance. Cash payments are quickly falling to the wayside, with only 26 percent of all U.S. consumer purchases made with cash.

Compliance 91

Compliance Entertainment Auditing Banking 91

PYMNTS

APRIL 21, 2017

The company’s B2B eCommerce solution OroCommerce provides an open source platform that can help SMEs more efficiently brand themselves to corporate buyers and customize interfaces for a better eProcurement experience, without corporate users having to design in-house software to fit their unique needs. Take Oro, for instance.

Auditing 43

Auditing Risk Analysis B2B Compliance 43

PYMNTS

JUNE 18, 2019

Corporate auditing and accounting firm KPMG remains in the crosshairs of regulators in various parts of the globe. where the Securities and Exchange Commission (SEC) has settled its case with KPMG for $50 million. Both auditing firms deny any wrongdoing. The most recent case is rooted in the U.S., In the U.K.,

Auditing 46

Auditing Compliance Accounting Accounting Firms 46

PYMNTS

SEPTEMBER 16, 2020

For the Electronic Banking feature, Acumatica will offer secure connections with more than 11,000 financial institutions with multiple authentication methods and tokenization technology, according to the release.

Reconciliations 76

Reconciliations Auditing Compliance Banking 76

PYMNTS

SEPTEMBER 28, 2020

Smooth B2B operations depend on robust data gathering, but many companies rely on manual methods to collect information and complete supplier enrollment. Corporate buyers that fail to adhere to these regulatory requirements could face audits, fines and tax withholdings. Supplier enrollment portals could help.

Accounts Payable 66

Accounts Payable B2B Invoicing Auditing 66

PYMNTS

NOVEMBER 10, 2017

Especially for businesses that rely on manual expense reports, management and auditing processes, an employee that fudges a dollar amount here and there, or a worker who accidentally submits an expense report twice, mean companies can easily fall victim to fraud, both intentional and unintentional.

Accounts Payable 44

Accounts Payable Auditing Invoicing Compliance 44

PYMNTS

JANUARY 29, 2020

Paper-heavy expense and payroll systems can obscure important compliance data, for example, or might otherwise complicate tracking if SMBs or their employees qualify for exemptions. Many of these tools are designed for consumers and not employers, however, and B2B financial innovation has proceeded at a much slower pace.

Healthcare 56

Healthcare Compliance Auditing B2B 56

PYMNTS

NOVEMBER 3, 2017

It was a busy time for B2B venture capital this week, and while funding ranged across verticals from expense management to SaaS, there was a clear theme in investment rounds: high-tech data analytics. B2B eCommerce. Expense Management. as well as explore entrance into Asia, reports said.

B2B 75

B2B Manufacturing B2C Startups 75

PYMNTS

MARCH 26, 2018

Complex tax law has been linked to the rise in eInvoicing in B2B commerce, according to Julie Park, managing director of VAT and customs duty at The VAT Consultancy. VAT regulations are behind the latest updates to procure-to-pay company Direct Commerce, which offers a range of services for B2B suppliers and buyers to facilitate business.

Accounts Payable 40

Accounts Payable B2B Invoicing Compliance 40

PYMNTS

OCTOBER 1, 2018

After all, it stands to reason that the more links there are in the supply chain (spread out, and even global in nature), the harder it is to deliver absolute confidence in production methods, quality of products, transparency of payments and regulatory compliance. percent pure. New Use Cases.

Currencies 73

Currencies B2B Manufacturing Compliance 73

PYMNTS

APRIL 26, 2019

Mile High Labs is using Chain.io’s platform, a blockchain solution called Vault, to provide proof of authorization and auditing documents. The company is able to upload documents to the platform to provide visibility into its supply chain , making it the first CBD user of Chain.io’s technology. CEO Brian Glick in a statement.

Pharmaceutical 63

Pharmaceutical Auditing Compliance Securities 63

PYMNTS

SEPTEMBER 29, 2017

But the banks themselves also have complex demands for their own treasury departments, which, like other corporations, must be able to manage finances, risk and compliance. Compliance with domestic and international standards is considered a must,” Beaulande recently told PYMNTS. Staying Updated.

Treasury 56

Treasury Banking Compliance Risk Management 56

PYMNTS

JULY 15, 2016

B2B FinTech startups struck out this week, but that doesn’t mean venture capitalists ignored the B2B startup space altogether. The risk analysts over at Bay Dynamics secured a healthy $23 million in Series B funding, the startup revealed on Wednesday (July 13). ” Compliance. B2B eCommerce. Bay Dynamics.

Startups 40

Startups B2B Auditing eCommerce 40

PYMNTS

FEBRUARY 15, 2019

Krebs on Security noted that the emails sent to officials at the United States credit unions looked like they were being sent by other BSA officials. The document also said that the Italian partner of PwC , which served as auditor to the BT unit, is under investigation as well for allegedly falsifying the audit.

Compliance 49

Compliance Auditing Treasury Banking 49

PYMNTS

JULY 6, 2018

Reports in the Australian Financial Review said the Australian Securities and Investments Commission (ASIC) has reviewed 2017 statements of 90 corporates in the country to assess their compliance to new accounting rules that came into effect on Jan. In its assessment, the ASIC also concluded that some audit reports were too vague.

Accounting 41

Accounting Auditing Accounting Standards Compliance 41

PYMNTS

SEPTEMBER 22, 2016

Part of the problem, says Pegasystems Senior Director of Risk, Compliance and Onboarding for Financial Services Reetu Khosla, is that KYC and other regulations change so frequently and are so numerous that it’s a major undertaking to remain compliant. On Tuesday (Sept. “Regulations aren’t going away,” stated Khosla.

Banking 75

Banking Compliance Prioritization Auditing 75

Bramasol

AUGUST 11, 2023

In this latest post, we take a look at data security, privacy protections, and overall cybersecurity issues, which impact all companies, especially those that are implementing new DSE programs. Maintaining strong security measures can help build and maintain a positive reputation.

Securities 79

Securities SAP Compliance B2C 79

PYMNTS

MAY 16, 2018

May marks the debut of new compliance efforts – key among them, of course, GDPR (which covers Europe but touches these shores), and as of last week, new customer due diligence mandates. . The report recommends a collaborative approach among information security and compliance team members.

Invoicing 40

Invoicing Compliance Benchmarking Auditing 40

PYMNTS

JULY 5, 2017

“Although security is one of the biggest concerns for organizations that consider the move to the cloud, I believe that the cloud can be secured better than on-premise solutions.” These facts can be audited back to the source. But data can quickly turn into a burden.

Financial Data 52

Financial Data Auditing Financial Reporting CFO 52

PYMNTS

JUNE 23, 2016

Then, there are events like the Target breach, a security lapse rooted at one of the retailer’s suppliers, that resulted in millions of dollars in costs to the company. Earlier this month, FICO revealed plans to roll out a new kind of score: the Enterprise Security Score.

Vendor Management 40

Vendor Management Auditing Securities Banking 40

PYMNTS

FEBRUARY 6, 2019

Internal company audits, review of employee expense reports, supplier on-boarding, accounts receivable, accounts payable and procurement are just a few areas of corporate finance that are on-path to become entirely automated. “Some of the technology taking place in accounting certainly will affect things,” said Basil.

Corporate Finance 74

Corporate Finance Accounting Finance Accounts Payable 74

PYMNTS

DECEMBER 12, 2019

Securities and Exchange Commission is turning its attention to a lack of transparency within corporates’ investor disclosures as more businesses use supply chain financing. Reports in Bloomberg Tax this week said SEC Corporation Finance Deputy Chief Accountant Lindsay McCord spoke Tuesday (Dec.

Finance 58

Finance Accounting Standards Auditing Corporate Finance 58

PYMNTS

JANUARY 9, 2019

Separate reports from The Wall Street Journal ( WSJ ), published last April, also demonstrated the changing nature of corporate finance: While the Big Four accounting firms’ advisory and consulting revenue jumped by a combined 44 percent since 2012, revenue from straightforward auditing for the firms rose just 3 percent in that time.

Accounting 71

Accounting Corporate Finance Accounting Firms Auditing 71

PYMNTS

FEBRUARY 7, 2019

Tightening regulations have introduced loftier compliance burdens to global supply chains, made even more complex and challenging as companies do business with thousands of vendors across borders. The burden of regulatory compliance came to a head in the U.S. regulations, even if a vendor is not in the U.S.

Compliance 65

Compliance Retail Auditing Startups 65