PYMNTS

DECEMBER 29, 2020

WEX Talks Bank Partnerships To Advance B2B Payments. Small business FinTech Unifiedpost is broadening its B2B platform through multiple acquisitions, with one takeover focused on broadening the company's open banking capabilities. Unifiedpost Broadens Open Banking Capabilities.

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PYMNTS

SEPTEMBER 4, 2019

Late payments have caught the attention of regulators around the world, and of FinTechs exploring ways to accelerate cash flow for B2B companies struggling to make a profit when invoices are left unpaid. The Financial Consequences.

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PYMNTS

FEBRUARY 27, 2018

Analytics technologies like machine learning, artificial intelligence (AI) and robotics process automation (RPA) turned cash flow forecasting into more of a science than it’s ever been. Franchisees often have multiple business locations, so it’s hard to keep track of the cash in your bank,“ he said.

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Cash Flow Forecasting B2B Forecasting Financial Data 40

PYMNTS

FEBRUARY 8, 2019

A year ago, he said, he would have advised just one year of cash reserves. ANNA also plans to add features like expense analysis and cash flow forecasting, reports said. Also operating in the banking technology sphere is Bud, which recently raised $20 million in Series A funding.

B2B 75

B2B Cash Flow Forecasting Startups Finance 75

PYMNTS

DECEMBER 14, 2020

The problem with this strategy, however, is that when every company is looking get paid more quickly but pay their own invoices later, B2B buyers and vendors quickly find themselves in a position in which their own cash flow goals contradict each other.

Accounts Payable 123

Accounts Payable Cash Flow Forecasting Prioritization Invoicing 123

PYMNTS

JUNE 29, 2018

. “It is interesting that in a healthy, growing economy, bad debt continues to plague the B2B markets,” said David Huey, president and regional director of U.S., Canada and Mexico at Atradius , which has just released new analysis on B2B payment practices across North America. Huey called this statistic “eye opening.”

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Invoicing B2B Cash Flow Forecasting Profit and Loss 49

PYMNTS

MARCH 8, 2020

The improvements will be in the fields of cash flow forecasting, payments, late payments, administration and payroll compliance. QuickBooks ’ new cash flow forecasting feature, the company said, will lend business owners 30- and 90-day forecasts for cash flow, using data held within their accounts.

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PYMNTS

OCTOBER 16, 2019

Cash flow forecasting FinTech Cashforce has announced a $5.5 Cashforce provides cash flow forecasting and working capital analytics technologies to support data integration for treasury and finance professionals. million Series A funding round on Tuesday (Oct. ”

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PYMNTS

OCTOBER 14, 2020

Wes Gillette , vice president of Product Management at insightsoftware , told PYMNTS that the legacy ERP solutions no longer fit every business model, as modern, specific problems in financing, cash flow forecasting and risk analysis often require new solutions.

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PYMNTS

DECEMBER 1, 2016

For corporate payments, that could mean more accurate cash flow forecasting, fraud identification or more efficient reconciliation. The rise in Big Data, for instance, has encouraged the exploration of new ways to make use of digital payments data.

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PYMNTS

SEPTEMBER 27, 2017

The executive added that he feels it is unlikely the B2B late payments culture of the U.K. Labour Leader Jeremy Corbyn took a loud stance on the issue in the B2B payments space, saying he would “declare war” on large corporates that pay their small suppliers late. will change anytime soon, despite innovations like eInvoicing.

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PYMNTS

MARCH 4, 2020

The boom in B2B FinTech has introduced a flurry of new solutions and platforms from which corporates and small businesses can choose. Similar challenges have emerged in the traditional ERP’s ability to meet modern financial planning, cash flow forecasting, and risk analytics needs, he added.

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PYMNTS

NOVEMBER 13, 2018

” It may be no surprise, then, that a lack of adequate cash flow forecasting and management solutions may be contributing to small businesses’ negative perception of their banks. So, even when they receive an instant payment, as soon as it’s received, it’s already historical data.” In the U.S.,

Cash Flow Forecasting 73

Cash Flow Forecasting Accounting Banking Forecasting 73

PYMNTS

JUNE 13, 2019

As much as 80 percent of firms still rely on paper checks when it comes to making business-to-business (B2B) payments. There are also providers that offer techniques to help with cash-flow forecasting for treasury departments. After all, faster payments impact cash flow, too. Why B2B Lags.

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B2C Cash Flow Forecasting B2B Accounts Payable 66

PYMNTS

SEPTEMBER 23, 2020

Auditoria CEO and Co-Founder Rohit Gupta said basic automation had long been used for corporate finance, "hyperautomation and the combined automation of task execution, algorithmic analytical forecasting and automated interactive responses has yet to be fully embraced by CFOs," according to the release.

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Corporate Finance Finance Cash Flow Forecasting Vendor Management 70

PYMNTS

SEPTEMBER 3, 2020

Last October, Hitachi Capital Business Finance unveiled the rollout of its Smart Funding payment offering, which was to let SMBs make their own repayment schedule that adheres to their cash flow forecasts in addition to the seasonality of their operations, per news at the time.

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Planning Cash Flow Forecasting Finance Forecasting 63

PYMNTS

APRIL 14, 2020

However, those data attributes are critical when it comes to automatically reconciling incoming and outgoing payments, and for supporting cash flow forecasting. Throw in today’s world where many people and departments work remotely, and simply having access to quality data when you need it can be a challenge.

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PYMNTS

FEBRUARY 28, 2020

With more bookkeeping software solutions available on the market, B2B FinTech firms have come to tackle this point of friction for small business owners. . “The business owner says, ‘I just want someone to take care of it for me so I can get back to running my business.'” ” Mixing Humans With Data.

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Cash Flow Forecasting Accounts Payable B2B Budgeting 61

PYMNTS

MAY 1, 2019

Corporate treasury technology company HighRadius is rolling out a new cash flow forecasting solution developed using artificial intelligence (AI) technology. HighRadius said that legacy strategy is “crippling corporate treasurers from making confident short-term and long-term debt and investment decisions.”

Forecasting 40

Forecasting Cash Flow Forecasting Treasury Accounts Payable 40

PYMNTS

SEPTEMBER 15, 2020

After that time, the SMB can receive an analysis of past, present and future cash flow forecasts. SMBs can harness Kabbage Insights in under 10 minutes to link their financial information to the program.

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Cash Flow Forecasting Forecasting Finance Numbers 56

PYMNTS

APRIL 9, 2019

TSU was launched by SWIFT in 2007 to promote the digitization of trade and supply chain processes, including liquidity management, cash flow forecasting and trade finance programs.

Cash Flow Forecasting 73

Cash Flow Forecasting Transportation Invoicing Forecasting 73

PYMNTS

APRIL 11, 2019

said it will be positioned in the Sage Intacct Marketplace and integrate with the Sage Intacct solution via API, linking businesses’ accounts receivable and accounts payable data feeds for cash flow forecasting capabilities. In a press release Wednesday (April 10), Trovata.io solutions, the companies added.

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PYMNTS

JUNE 26, 2020

“Small businesses in particular need cash flow forecasting, financial resiliency planning, advice on payment scheduling as well as consulting on applying for available government help. All of these things require reliable data in real time.” ” Supporting an Accounting Shift.

Accounting 52

Accounting Cash Flow Forecasting Invoicing Prioritization 52

PYMNTS

JUNE 25, 2020

Digital and automated tools that provide accurate and real-time cash forecasting and visibility into financial standings will be valuable, but as Barker said, cash flow management isn’t simply about understanding where money is in one moment.

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PYMNTS

JANUARY 22, 2020

“Purchasing card programs reduce the costs in the steps from procurement through final payment and can accelerate the process to allow a client to take advantage of supplier discounts and cash flow forecasting,” the release stated.

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PYMNTS

JANUARY 7, 2021

The acquisition adds to Unifiedpost's offering to access banking data unlocked via open banking, and to analyze that information for cash flow forecasting and other use cases, it said. The companies said they plan to complete the transaction this month.

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PYMNTS

JANUARY 28, 2020

Cloud accounting platforms may not be focused on future cash flow forecasting, but as Hewitt explained, these solutions offer a valuable starting point for cash flow management. “Cloud accounting providers’ focus is on making sure you pay your taxes, and you have your reporting. The Data Integration Starting Point.

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Cash Flow Forecasting Forecasting Accounts Payable Invoicing 60

PYMNTS

AUGUST 27, 2019

The Certified Personal Accountant (CPA) today now has a plethora of FinTech solutions they can use to manage their clients’ money, with the number of digital tools — including cloud accounting portals, cash flow forecasting solutions and intelligent technologies like artificial intelligence (AI) — continuing to rise.

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Cash Flow Forecasting Accounting Standards Accounting Firms Reconciliations 60

PYMNTS

MAY 15, 2017

Reports Friday (May 12) said YayPay is integrating cash flow forecasting capabilities for companies that are unsure about their future cash positions considering all of their outstanding invoices. Accounts receivable company YayPay is adding new capabilities to its platform after launching in 2015.

Forecasting 40

Forecasting Cash Flow Forecasting Accounting Invoicing 40

PYMNTS

APRIL 8, 2016

Lendified announced last week the acquisition of Mentio, a cash flow forecasting company using data from cloud-based financial systems to analyze and predict the future performance of a business. The Cash Flow Forecasting Legacy. Should they partner with third parties?”

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PYMNTS

JUNE 4, 2020

Enabling companies to manage their leasing agreements and finances on a more holistic level can further expand cash flow predictability, while Mia pointed to value-added capabilities in financial analytics that also support the financial health of firms in this business model.

Accounting 52

Accounting Accounting Standards Cash Flow Forecasting Compliance 52

PYMNTS

OCTOBER 30, 2020

Leybaert noted that, looking ahead, the company will be exploring cash flow forecasting capabilities that make use of the purchase order, invoice and payment data already at the company's disposal. The opportunities that can be found within procurement document data are vast, and Unifiedpost is looking to take advantage.

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Invoicing Cash Flow Forecasting Reconciliations Forecasting 110

PYMNTS

AUGUST 4, 2020

Data analytics to support more accurate cash flow forecasting presents a significant value proposition for financiers, he explained, adding that for J.P. Morgan, exploring bespoke portfolio financing solutions to help both buy- and sell-side corporates unlock liquidity will be key.

Finance 124

Finance Cash Flow Forecasting Accounts Payable Economics 124

PYMNTS

JANUARY 18, 2019

.” Mastercard has also integrated its In Control solution with Strands’ Business Financial Management , a European solution co-developed by Mastercard and Strands to provide cash flow forecasting and financial analysis to small businesses.

Accounts Payable 55

Accounts Payable Cash Flow Forecasting Invoicing Financial Analysis 55

PYMNTS

MARCH 13, 2020

despite a high prevalence of credit cards, corporate cards still make up only a small fraction of B2B payments volume. The knock-on impacts are vast, from a lack of transparency into spending patterns to derailed cash flow forecasting. For instance, in the U.S.,

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Cash Flow Forecasting Startups B2B Banking 52

PYMNTS

NOVEMBER 8, 2019

Bank of America is also developing a new cash-flow forecasting solution for its corporate customers in conjunction with a FinTech partner. Many banks around the world are spending generously to overhaul their digital offerings to let companies handle transactions using smartphones. On Monday (Nov.

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Cash Flow Forecasting Forecasting Treasury Banking 44

PYMNTS

OCTOBER 1, 2019

Accounts receivable automation firm Invoiced is adding new features to its solution, including support for recurring payments and enhanced cash flow forecasting for CFOs. In an announcement issued today (Oct.1),

Invoicing 43

Invoicing Cash Flow Forecasting Forecasting Compliance 43