PYMNTS

JULY 30, 2020

While larger enterprises have had the resources to embrace financial forecasting technologies that wield sophisticated tools to bring greater value to that data, smaller businesses have historically been shut out of the market for such financial solutions. . “With the pandemic, the whole world flipped upside down.

Forecasting

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. Optimizing Payments.

Accounts Payable

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

PYMNTS

JANUARY 13, 2021

At the start of 2020, chief financial officers and their finance teams were going about business as normal, developing forecasts on a yearly or periodic basis. Forecasting has always been a critical workflow for organizations, a strategy to guide growth trajectories and chart progress toward the goals of the enterprise.

Forecasting

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.

Cash Flow Forecasting

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

PYMNTS

JULY 10, 2019

Some of the biggest industry trends, including faster payments, open banking and bank-FinTech collaboration, have found their ways into the Canadian market, the B2B payments space is not immune to disruption from these shifts. Faster Payments. Open Banking. Bank-FinTech Collaboration.

B2B

PYMNTS

JANUARY 15, 2021

As small businesses and other companies struggle with cash flow management amid the coronavirus pandemic, HSBC wants to help. 14) rolled out a “Cash Flow Forecasting” tool through its online banking unit. The Vancouver-based bank on Thursday (Jan.

Cash Flow Forecasting

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.

Cash Flow Forecasting

PYMNTS

JANUARY 17, 2020

With Tradeshift securing a nine-figured fundraise, the supply chain payments company was the undoubted leader of this week’s B2B venture capital fundraise. But the company wasn’t the only B2B FinTech to secure fresh funding. million landed at B2B startups this week. Below, PYMNTS looks at how more than $292.5 TechnifyBiz.

B2B

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.

Cash Flow Forecasting

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. In the U.S.,

Cash Flow Forecasting

PYMNTS

JUNE 11, 2020

Cash is king, and today, cash flow management is an imperative function for large corporations and small businesses — many of which continue to struggle with the market volatility and business disruption caused by the COVID-19 pandemic. AscendantFX Eases Payment Instruction Hurdles. ”

B2B

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

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. That information can be presented visually, in a graph that can forecast into the next eight weeks, reports said.

Forecasting

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

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

PYMNTS

JANUARY 15, 2021

Today in B2B payments, HSBC launches cash flow management tool, and TD Bank acquires equipment finance operations from Wells Fargo. As small businesses and other companies struggle with cash flow management amid the coronavirus pandemic, HSBC wants to help. 14) announcement.

B2B

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.

Cash Flow Forecasting

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.

Cash Flow Forecasting

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.

B2B

PYMNTS

SEPTEMBER 23, 2020

Intelligent Planning helps boost accurate cash flow predictions, which in turn can bolster sustainable growth through well-placed strategy, the release noted.

Corporate Finance

PYMNTS

JULY 10, 2019

Mastercard is launching a new service designed to make it easier for B2B vendors to accept virtual cards. Mastercard is collaborating with invoice-to-cash and accounts receivable technology firm VersaPay to deliver the solution, the companies noted. “As

Cash Flow Forecasting

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

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.”

Invoicing

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.

Invoicing

PYMNTS

FEBRUARY 9, 2018

Instead, VCs leaned conservatively toward a mix of B2B FinTechs operating in the financial management space for small businesses (SMBs) and in the treasury management market for mid-level and larger enterprises. It seems VC has cooled off a bit in the B2B FinTech front. All in all, investments totaled more than $178.6

B2B

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. ”

Cash Flow Forecasting

PYMNTS

MAY 11, 2017

With FinTech innovators finally starting to give B2B solutions the attention they have longed for, there are now troves of platforms companies can access, from expense management to cash flow forecasting to supplier management. AvidXchange and Vroozi are only the latest B2B FinTech companies to collaborate.

B2B

PYMNTS

AUGUST 30, 2019

based B2B startups took control of the funding reins this week, with five of the seven newly-funded technology firms based stateside. PYMNTS breaks down the latest B2B startup investment rounds below. Reports noted that so far, Tesorio has processed $56 billion in payments and 10 million invoices, using that data to forecast cash flow.

B2B

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.

B2C

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. And if you don’t have an accurate starting point, forecasting becomes less clear and reliable.”. Peering Into the Future.

Cash Flow Forecasting

PYMNTS

SEPTEMBER 15, 2020

The predictive intelligence firm says it harnesses “patent-pending” forecasting infrastructure brought together in an instinctive mobile package, according to an announcement. In March, Kabbage rolled out a new initiative that vows to assist SMBs in determining and forecasting cash flow as well as discovering excesses and shortages in cash.

Cash Flow Forecasting

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.

Planning

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.

Mergers and Acquisitions (M&A)

PYMNTS

JUNE 25, 2020

Treasury is in a really unique position to help the company think through those questions because of its role in forecasting cash and managing cash, and because many financial functions report up to the treasury.”. Liquidity Resiliency Through Technology.

Cash Flow Forecasting

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.

Cash Flow Forecasting