PYMNTS

JANUARY 9, 2019

Account takeover attacks, social engineering tactics and payments fraud all threaten businesses as attackers go after the high-value transactions typical of corporate finance, BioCatch explained in a blog post last week. Furthermore, so far, corporate adoption of faster payment tools is limited.

Banking 56

Banking Treasury Corporate Finance Securities 56

PYMNTS

OCTOBER 18, 2017

In corporate finance, “Excel spreadsheets” is nothing short of a taboo. The financial institution (FI) announced news on Tuesday (Oct. The solution can automatically collect data from CashPro Online and display it into configurable spreadsheets, Bank of America said.

Corporate Finance 71

Corporate Finance Forecasting Banking Financial Data 71

PYMNTS

JANUARY 9, 2019

“The healthy economy brings a need for companies to know where their business is thriving financially (or not), to help make decisions for the future.”. ” Traditional bookkeeping also prevents financial professionals from using their time wisely, forced to aggregate and crunch financial data rather than analyze it.

Accounting 71

Accounting Corporate Finance Accounting Firms Auditing 71

PYMNTS

DECEMBER 13, 2018

The problem can be traced back to data: as organizations scale, either through organic growth or M&A, they’re taking on more financial management platforms and opening more bank accounts, leading to fragmented storage of financial data. Open banking is not a regulatory requirement in the U.S.,

Treasury 62

Treasury Banking Cash Management Accounts Payable 62

PYMNTS

NOVEMBER 15, 2018

As the peaks and valleys of blockchain hype continue to rise and fall, more doubt has surfaced over the future of distributed ledger technology, particularly in the area of B2B payments. Analysts point to the challenges associated with adoption and implementation of blockchain-powered B2B payment solutions as a key hurdle for the technology.

B2B 74

B2B Cash Flow Forecasting Corporate Finance Forecasting 74

PYMNTS

FEBRUARY 5, 2018

The discussion around sharing financial data today is most often in reference to major industry happenings, like PSD2, Open Banking and the sudden influx of APIs in the financial services space. “Stand-alone businesses are concerned with their own financials,” he said. ”

Finance 43

Finance Financial Data Invoicing Communication 43

PYMNTS

JANUARY 15, 2021

Connecting transaction data from B2B payments with spend management technology means not only moving money faster, said Thakur, but also obtaining greater agility in the management of financial data that can provide a clearer picture into how organizations can (and should) manage their assets.

B2B 73

B2B Invoicing Accounts Payable Prioritization 73

PYMNTS

OCTOBER 2, 2017

That skepticism has largely waned, though, with many organizations taking a hybrid approach to cloud solutions and, eventually, entrusting the cloud to store key information like financial data. Within the finance and accounting world, there seemed to be general resistance to the cloud, mainly circulated around security,” he said.

SAP 43

SAP Financial Data Finance Accounting 43

PYMNTS

DECEMBER 20, 2018

In an announcement this week, the company said its API-enabled Instant Reporting tool has launched, linking Nordea to third-party solutions that allow corporate users to gain real-time access to financial data across systems.

Banking 57

Banking Cash Management Financial Data Financial Reporting 57

PYMNTS

MARCH 23, 2016

Accounts payable solution Anybill is getting closer to existing partner Intacct in an effort to streamline the flow of financial data between the two platforms. An announcement on Tuesday (March 22) said Anybill has extended its venture with Intacct, which provides ERP software.

Accounts Payable 40

Accounts Payable Accounting Invoicing Financial Systems 40

PYMNTS

JUNE 1, 2017

NICE Actimize, a company that offers corporate software to safeguard financial systems, is targeting corruption and bribery for its enterprise clients.

Auditing 40

Auditing Financial Systems Analyzing Data Entertainment 40

PYMNTS

APRIL 1, 2016

Q1 may be known for sluggish venture capital, but with the quarter quickly wrapping up, B2B startups aren’t entirely left in the dark. It all streamed in early on in the week, and, come Wednesday (March 30), the B2B venture capital space went radio silent. Corporate Finance. Veritas Finance. million to Lesson.ly

B2B 40

B2B Startups Corporate Finance Finance 40

PYMNTS

AUGUST 3, 2017

“Our Red Flag research shows that a recent loss of momentum in the economy is putting increased financial pressure on U.K. Researchers at the firm deploy the company’s proprietary algorithm to measure corporate financial distress, factoring in legal and financial data from an array of sources, it explained.

Numbers 46

Numbers Construction Profit and Loss Credit Risk 46

PYMNTS

MAY 11, 2018

More recently, corporate T&E software firm Coupa found that the majority of chief financial officers lack full visibility into company spend. Without a full picture of financial data in context, executives cannot know where to look for a problem, let alone identify one, said Rinke.

Accounts Payable 40

Accounts Payable Treasury SAP Forecasting 40

PYMNTS

DECEMBER 22, 2020

While initial Banking-as-a-Service adoption focused on the consumer end user, the company’s debut of Stripe Treasury showcases the model's opportunity to enhance the experience of corporate end users with integrated payments and other financial offerings.

Banking 114

Banking Treasury Corporate Finance B2B 114

PYMNTS

NOVEMBER 12, 2018

Chief financial officers (CFOs) often have a love-hate relationship with their enterprise resource planning (ERP) systems. They’re a staple of corporate finance and, as of recent years, are accelerating their shift into the cloud. “It’s a love-hate relationship with Excel,” said Lipps.

Corporate Finance 54

Corporate Finance CFO Finance Forecasting 54

PYMNTS

JANUARY 18, 2021

"Finance is generally the number-one friction point in all organizations," said Alex Wheldon , co-founder of Rho Technologies , which offers business banking services via a collaboration with Evolve Bank and Trust. Marrying AP With Banking. It is very much mean to be living in a centralized location with the rest of your tools.". The New ERP?

Accounts Payable 66

Accounts Payable Banking Invoicing Corporate Finance 66

PYMNTS

JANUARY 26, 2018

Corporate accounting software is now a continually evolving space, but progress doesn’t occur in a vacuum: External forces and trends, from changing regulations to increased adoption of FinTech by the enterprise, force businesses to adjust how they record and report financial data. Open Banking initiatives in the EU, U.K.,

General Ledger 47

General Ledger Benchmarking Reconciliations Accounts Payable 47

PYMNTS

JANUARY 15, 2019

Still, most businesses are bracing for some changes, with nearly two-thirds of medium-sized and large enterprises expecting Open Banking to save them time and make their financial management professionals’ lives easier. This is all, presumably, good news for corporate customers of banks looking to embrace FinTech.

Banking 66

Banking Corporate Finance Securities Treasury 66