PYMNTS

APRIL 22, 2019

Digital payments entity and eCommerce platform Infibeam Avenues and blockchain startup Primechain Technologies have announced a partnership to implement a cross-border blockchain invoicing platform for the $12 trillion global trade finance market.

Invoicing 43

Invoicing Finance Pharmaceutical Auditing 43

PYMNTS

MAY 16, 2018

The report recommends a collaborative approach among information security and compliance team members. In one example, in Kenya, media outlets reported audits have shown that Isiolo County exaggerated its payroll reporting and lost “hundreds of millions of shillings” between the period of 2013 to 2017.

Invoicing 40

Invoicing Compliance Benchmarking Auditing 40

PYMNTS

JANUARY 13, 2020

PYMNTS’ examination of recent cases finds employees falsifying invoices, doctoring checks and faking out companies to steal money from employers. Ten percent of business email domains are protected from spoofing , according to recent Security Boulevard reports. Reports said the former finance director allegedly stole $1.5

B2B 89

B2B Invoicing Currencies Construction 89

CFO Talks

MARCH 20, 2024

Example: When it’s time for an audit, the Controller is hands-on, working directly with the auditors, showing them the books, and explaining the details. The CFO, on the other hand, talks strategy with the audit partner and handles any big issues that pop up.

CFO 52

CFO Accounts Payable Financial Analysis Auditing 52

E78 Partners

JUNE 2, 2023

Key Strategies E78 Insights Perform Thorough Audits : Prior to altering supplier relationships or renegotiating contracts, thorough audits are essential. These audits ensure optimal financial terms, identify potential savings through detecting errors or inefficiencies, and instill financial discipline in the organization.

Auditing 52

Auditing Vendor Management Leverage Leadership 52

PYMNTS

DECEMBER 7, 2020

Plus, Pioneer Bank sues over MyPayrollHR scandal, Procurement Partners secures new funding, and ImagineTime partners on FinTech for accountants. Through 100 percent invoice integration, the service boasts improvements to savings, and offers a compliance audit feature that can help vendors cut spending.

B2B 63

B2B Finance Practice Management Invoicing 63

KG Virtual CFO

MARCH 14, 2022

They provide accounting, auditing, and consulting services to individuals, businesses, and government organizations. They review company records and transactions to determine the validity of legal documents such as invoices, purchase orders, and checks. A CPA's Tasks Let’s get specific! That's where a CPA comes in.

Accounting 40

Accounting Auditing Invoicing Finance 40

PYMNTS

JUNE 16, 2020

Add accuracy and security to velocity and it makes a kind of “rule of threes” for the payments space today. Many still use manual invoicing systems that can slow payment processes. This means that tools capable of speeding payments and invoice approvals are critical.”. Close As Many Loops As Possible’.

Reconciliations 67

Reconciliations Invoicing Accounts Payable Auditing 67

PYMNTS

OCTOBER 27, 2016

26) said PayStand now supports certification and notarization of payments using blockchain technology, allowing businesses to access an independent and secure way to verify that a payment has been made and that the information joined to the transaction has not been tampered with. An announcement Wednesday (Oct. ”

B2B 75

B2B Auditing Invoicing Compliance 75

https://trustedcfosolutions.com/feed/

MARCH 1, 2023

From ensuring timely invoice payments to monitoring your purchase order processes, so much goes into managing fixed assets. This allows you to reduce the amount of manual data entry and create an audit trail for your asset data. Add the pressure of staying compliant and on top of internal controls, and you have an accounting nightmare!

Accounts Payable 62

Accounts Payable Auditing CFO Invoicing 62

PYMNTS

JULY 8, 2019

“Sovos’ unique global solution for e-invoicing compliance and its blend of deep legal and technical expertise made it the best-fit partner for Onyx,” Mark Dubrow, Onyx chief executive officer, said in a press release. Onyx and Sovos will look toward continued expansion of the partnership over time.”.

Compliance 46

Compliance Invoicing Auditing B2B 46

https://trustedcfosolutions.com/feed/

APRIL 5, 2023

Streamlines invoicing and payment processes help you get paid faster and reduce the time it takes to close out the month. Allows user-defined workflows to improve efficiency, compliance, and transparency, providing consistent audit trail visibility.

General Ledger 62

General Ledger Reconciliations Accounting Standards Auditing 62

PYMNTS

MARCH 10, 2020

Crowdz Pilots Invoice Crowdfunding. With its new platform InvoiceXchange, B2B payments and invoicing company Crowdz has begun enabling its business clients to crowdfund their unpaid invoices as an alternative to traditional trade financing products. Invoiced, CollBox Ease Payment Collection Interactions.

Accounts Payable 57

Accounts Payable Invoicing B2B Vendor Management 57

PYMNTS

AUGUST 12, 2019

Most enterprises, found AppZen, that don’t use AI only audit up to 10 percent of spend, while companies that use AI are able to audit 100 percent of invoices, contracts and expenses.

Auditing 59

Auditing Invoicing Accounts Payable Treasury 59

PYMNTS

JANUARY 2, 2020

“Many of the routine jobs will go as areas such as invoice processing are automated. In other news, the Securities and Exchange Commission (SEC) has approved a proposal to simplify its auditor independence rules and relax some conflict of interest regulations.

Data Analysis 71

Data Analysis Accounting Standards Auditing Invoicing 71

The Charity CFO

MARCH 24, 2022

And in early 2021, the department labeled Feeding Our Future “seriously defective” due to incomplete financial audits and lapsed IRS nonprofit registration. This often takes the form of invoice fraud and vendor kickbacks or bid-rigging schemes. Participate in a financial statement audit. Corruption can include: .

Nonprofit 98

Nonprofit Profit and Loss Auditing Leadership 98

PYMNTS

SEPTEMBER 24, 2020

The digital methods suit remote purchasing environments and offer security features that can make it difficult for fraudsters to use stolen card details. Accounts payable (AP) teams are now taking a fresh look at the potential of tools such as virtual cards to ease their transaction frictions. Find the full story in the Report.

Construction 107

Construction Accounts Payable B2B Pharmaceutical 107

Boston Startup CFO

APRIL 3, 2023

This includes managing invoices, receipts, and payments, as well as reconciling bank statements. Additionally, you open yourself up to compliance and audit issues, and you’ll potentially decrease your chances of securing funding and financing.

Accounting 52

Accounting Accounting Principles GAAP Compliance 52

The Charity CFO

APRIL 1, 2024

All of your financial data lives securely in the cloud, which also means you can access it from anywhere with a secure connection. This system of only paying approved bills is huge in helping reduce common mistakes caught in nonprofit audits.

Nonprofit 52

Nonprofit Accounting CFO Accounts Payable 52

CFO Share

JULY 20, 2021

Growth has been good the last several years and you have built a strong team: a talented operations manager to manage the staff, a brilliant technical expert to lean on, and a loyal administrative team to send invoices, take calls, and pay bills. Forensic accounting requires a unique combination of: Auditing and investigative skills.

Accounting 52

Accounting Profit and Loss Auditing Invoicing 52

PYMNTS

AUGUST 17, 2018

That doesn’t mean investors have ignored the FinTech side of the B2B market, though, with funding landing at eProcurement, auditing, alternative finance and other players. 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

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. It’s a very involved process.

Accounts Payable 44

Accounts Payable Auditing Invoicing Compliance 44

PYMNTS

NOVEMBER 26, 2019

“Visibility is a big part of the value prospect and plays into carriers being able to make invoice-level, quick-pay decisions,” he explained. . Take the freight bill audit pay process for carrier invoices, for example. Take the freight bill audit pay process for carrier invoices, for example.

Accounts Payable 52

Accounts Payable B2B Invoicing Auditing 52

PYMNTS

NOVEMBER 2, 2018

The Financial Times ( FT ) reported that the auditing team from EY has come at the direction of hedge funds based in the United States that are on the Aegean board. The Nationwide data found, too, that 22 percent of those aged 55 and over would not check an email invoice before paying the would-be supplier by phone. A Bit Of Victory.

Auditing 67

Auditing Invoicing Budgeting Economics 67

CFO Simplified

DECEMBER 12, 2021

In publicly traded companies, the CFO is also responsible for the company’s compliance with Securities and Exchange Commission (SEC) rules and regulations. Accounting teams are responsible for: Invoicing. Recording and paying accounts payable invoices. Invoicing and collections. Preparation for annual audits.

Accounting 52

Accounting Finance Cash Flow Forecasting CFO 52

PYMNTS

JULY 6, 2020

Researchers found that furloughed employees are widely reporting that their bosses have asked them to continue to conduct their normal work duties despite being furloughed in order for their employers to secure funding. companies between April and May this year , Abnormal Security data revealed, according to Helpnet Security reports. .”

Accounts Payable 59

Accounts Payable Profit and Loss B2B Invoicing 59

CFO Share

APRIL 11, 2024

But many fear remote bookkeeping exposes them to security risks – hackers, fraudsters, and embezzlement – especially if the virtual bookkeeping solutions use employees in foreign countries. Bookkeeping security risks are always a valid concern, especially since internal staff perpetrate 57% of small business fraud.

Securities 52

Securities CFO Education Auditing 52

PYMNTS

DECEMBER 11, 2020

The company supports the full purchasing cycle with invoice integration and compliance auditing capabilities. India-based B2B eCommerce company SOLV secured an investment from SC Ventures , the companies announced this week, although they did not reveal the value of the funding. Modularbank. the company said.

B2B 77

B2B eCommerce Banking Healthcare 77

PYMNTS

OCTOBER 6, 2016

In a press release, Entryless said businesses using this integration will be able to send bills and purchase invoices in any format to Entryless, which will then be captured in image form by Entryless. Entryless makes electronic B2B payments faster, easier and more secure.

B2C 75

B2C Auditing B2B Invoicing 75

PYMNTS

JULY 14, 2016

Reports on Wednesday (July 13) revealed SirionLabs secured $12.25 SirionLabs provides multinational companies with a way to manage and analyze supplier contracts and provide auditing and other solutions with the information. An India-based startup helping businesses better manage their suppliers has raised new funding from investors.

Auditing 40

Auditing Accounts Payable B2B Invoicing 40

CFO Share

MAY 25, 2021

What harm is it to slip in a $500 “freight” invoice to a new supplier who happens to share an address with Janet’s boyfriend? Routine payroll audits. Physical security such as locked doors, cameras, badge readers and visitor management systems. Tax enforcement is on the rise, increasing the risk of an audit finding.

Auditing 52

Auditing Accounting Manufacturing Education 52

PYMNTS

SEPTEMBER 28, 2020

Corporate buyers that fail to adhere to these regulatory requirements could face audits, fines and tax withholdings. These portals provide centralized locations that allow buyers’ AP teams to view vendor information and keep accompanying records about invoices, payment histories and related details.

Accounts Payable 66

Accounts Payable B2B Invoicing Auditing 66

PYMNTS

OCTOBER 24, 2019

The company takes in, audits and reconciles all invoices, while digitizing the resulting information for corporate travel analysis as well as process automation. Business travelers have tapped into the company’s automated payment solutions in over 150 countries this year, covering over $1 billion (USD) worth of transactions.

Compliance 40

Compliance Auditing Invoicing eCommerce 40

CFO Share

OCTOBER 14, 2021

If local law enforcement must be involved due to security concerns or major felonies like money laundering, most businesses can file an insurance claim to offset losses. In general, these are the most common controls missing for fraud detection and prevention: No 3-way match on AP invoices. No internal audit of credit card spending.

Profit and Loss 52

Profit and Loss Cash Flow Forecasting Restructuring Auditing 52

PYMNTS

SEPTEMBER 7, 2018

Yoco provides businesses with payment management and auditing services, targeting SMBs that struggle to get off cash and paper documents. The company, according to reports , secured the funds through a joint venture with BTG Pactual, Latin America’s largest financial institution. The company said this week that it secured $1.75

B2B 43

B2B Invoicing Reconciliations eCommerce 43

PYMNTS

NOVEMBER 2, 2018

Mission Secure. The first is Mission Secure, which announced $8 million in Series A funding this week led by Energy Innovation Capital and Chevron Technology Ventures, according to reports in Charlottesville Tomorrow. Shape Security. reports said.

B2B 75

B2B Startups Investments Compliance 75

PYMNTS

AUGUST 19, 2016

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. The biggest splash in the B2B payments startup space came from Zervant , an electronic invoicing company providing invoice management and generation services to SMEs.

Startups 40

Startups B2B Invoicing Auditing 40