Remove Auditing Remove Foreign Exchange Remove Invoicing
article thumbnail

From Jo’burg to Jakarta: The CFO’s Passport to Global Control

CFO Talks

Are there statutory audit requirements? What are the filing deadlines, documentation standards, and audit tolerances? Some jurisdictions have exchange control regulations, while others make repatriation costly or slow. Don’t wait for external audits to uncover issues. IFRS, local GAAP)?

article thumbnail

Today In B2B Payments: A New FinTech Launches, And CPS Finds A Buyer

PYMNTS

OpenEnvoy Launches To Provide B2B Invoice Auditing. To help businesses only pay for what they have agreed to buy, OpenEnvoy has been established to offer invoice auditing without intervention. OpenEnvoy contrasts invoices to originating proposals, purchase orders, estimates or bids. 27) announcement.

B2B
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Adjoint CEO On Why Treasury Management Needs Blockchain

PYMNTS

Furthermore, he noted that workflow might be streamlined across some use cases, and can be automated — such as with generating a SWIFT international transfer, calculating accrued interest, generating invoices for a loan payment, and submitting to the systems of record to ensure accuracy and reconciled data.

article thumbnail

How Multi-Entity SMBs Can Navigate A World Of Billing Complexity

PYMNTS

While expanding internationally is the easy part, the challenge often comes in the back-office financials like invoicing , cross-border payments, accounting and reconciliation. Come auditing and tax time, maintaining compliance with all of the varying local regulations across different geographies adds an extra layer of complexity.

article thumbnail

Xero Overhauls Payments For Faster Transactions

PYMNTS

to set up card and debit payments for customer invoices and bills. GoCardless allows for Direct Debit payments and installment payments for invoices. With Direct Debit, users can collect international recurring payments, with foreign exchange handled by TransferWise.

article thumbnail

How cloud accounting made me enjoy the finance industry again

Creative CFP

There is drill-down functionality available from the general ledger, and you can click right through to the supplier invoice. It makes any query and audit way easier than before. ▪︎ GOING PAPERLESS Xero’s platform allows for every transaction to have a source document digitally attached to the transaction.