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

JANUARY 2, 2019

Separate research last month also examined how corporate finance expects are bracing for this digital disruption. Finance professionals spoke with Gartner, Inc. ” B2B payments is another area of corporate finance that some analysts expect blockchain to disrupt in a major way. ”

Corporate Finance 80

Corporate Finance B2B SAP Finance 80

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. Catfoss Finance. Alternative Lending.

B2B 40

B2B Cash Flow Forecasting Treasury Startups 40

PYMNTS

FEBRUARY 13, 2020

Financial services firm ION is introducing the industry’s first treasury management solution for cash forecasting, powered by machine learning, the company announced on Thursday (Feb. Organizations of all sizes will be able to use the new tool to validate or replace manual cash forecasting.

Treasury 56

Treasury Forecasting Cash Management Corporate Finance 56

PYMNTS

MARCH 4, 2020

The enterprise resource planning ( ERP ) system has been a staple of corporate finance operations for years, acting as a central repository of data and a hub to initiate a range of processes, from accounting to procurement. But the ERP of today doesn’t look like it used to. The ERP’s Role in a FinTech World.

Cash Flow Forecasting 104

Cash Flow Forecasting Accounts Payable General Ledger Corporate Finance 104

PYMNTS

JANUARY 27, 2020

Researchers noted that corporate finance professionals had signaled plans to increase cash reserves and short-term investment holdings at the start of Q4, though the report found that they did so at a faster-than-expected pace. . ” Last week, reports in Reuters warned that corporate forecasts in the U.S.

Corporate Finance 52

Corporate Finance Forecasting Treasury Finance 52

PYMNTS

AUGUST 8, 2019

The competition is heating up between payment technologies in accounts payable, with ACH and virtual cards seeing significant pushes in the B2B payments space to combat the dreaded paper check. There has been a surge in B2B payments technologies in recent years in an effort to pull businesses, especially smaller firms, off of paper.

Accounts Payable 57

Accounts Payable Accounting B2B Reconciliations 57

PYMNTS

APRIL 19, 2017

B2B software-as-a-service (SaaS) firm Workiva released new data this week that highlights financial executives’ struggle to forecast. Workiva also noted that the majority (62 percent) said they aren’t using cloud-based accounting solutions whatsoever.

Forecasting 40

Forecasting Budgeting Corporate Finance B2B 40

PYMNTS

JANUARY 22, 2019

Corporate treasurers are exploring AI for their own cash management and forecasting needs, while AI is also being explored among both traditional and alternative finance players for risk mitigation and underwriting purposes. ” Even so, only 11 percent of companies surveyed have integrated AI within their finance functions.

Corporate Finance 77

Corporate Finance Finance Data Analysis Accounting 77

PYMNTS

NOVEMBER 14, 2018

Corporate finance executives seem to be readying for real-time payments, preparing to adopt faster payment capabilities and bracing for changes to their cash flow management strategies as a result. A new report from Deutsche Bank said this industry path is guiding banks and corporates to a new destination: real-time treasury.

Banking 78

Banking Treasury Forecasting Corporate Finance 78

PYMNTS

MARCH 21, 2016

Companies dealing with these so-called “ultra-late” invoice payments are at the mercy of several factors, including a slowing economy, a rise in nonperforming corporate loans and a weakening local currency, all exacerbating the inability of businesses to settle their B2B invoices. 34 percent of small business owners in the U.S.

Forecasting 40

Forecasting Invoicing Manufacturing B2B 40

PYMNTS

NOVEMBER 12, 2018

They’re a staple of corporate finance and, as of recent years, are accelerating their shift into the cloud. “Something like 80 percent of the time that finance folks are working, they’re working in Excel. .” “It’s a love-hate relationship with Excel,” said Lipps. ”

Corporate Finance 54

Corporate Finance CFO Finance Forecasting 54

PYMNTS

OCTOBER 29, 2018

Amid the flurry of B2B FinTech innovation aiming to transform organizations’ back offices, there is often one common threat within the disruption: the need for previously siloed, disconnected systems and processes to integrate with each other, offering a streamlined, holistic view of the enterprise.

CFO 58

CFO Corporate Finance Finance Risk Management 58

PYMNTS

SEPTEMBER 29, 2020

As a provider of back-office financial technology, it's vital to speak with chief finance officer (CFO) and finance executive end-users about what they need and which friction points are giving them the most pain. 1, they want to accelerate the transformation of how work gets done," Gupta told PYMNTS in an interview.

Cash Flow Forecasting 59

Cash Flow Forecasting Accounts Payable Invoicing Corporate Finance 59

PYMNTS

NOVEMBER 16, 2018

In a week of multiple nine-figure venture capital funding rounds, B2B FinTech has proved it plans to end the year on a high note. Below, PYMNTS breaks down the more than $912 million raised by B2B FinTech firms this week. Automation Anywhere. Parabilis did not reveal who provided the $100 million investment, however.

Accounts Payable 77

Accounts Payable Foreign Exchange Currencies Startups 77

PYMNTS

FEBRUARY 1, 2021

Automatically looping information across various financial platforms — including accounts payable (AP), accounts receivable (AR) and expenses — is critical to achieving a real-time view of cash positions and developing more accurate forecasts.

Accounts Payable 98

Accounts Payable Compliance Corporate Finance Cash Management 98

PYMNTS

OCTOBER 18, 2017

In corporate finance, “Excel spreadsheets” is nothing short of a taboo. Its new tool, CashPro Assistant, includes analytics and forecasting solutions, which rely on AI and predictive analytics to help corporate customers manage and analyze their banking and financial data.

Corporate Finance 71

Corporate Finance Forecasting Banking Financial Data 71

PYMNTS

APRIL 24, 2018

A look at some of the latest earnings data from B2B financial services firms doesn’t just provide a glimpse into the health of these companies: It also offers an idea of how corporates are doing too. Its investment bank posted a strong quarterly performance, but its wealth management operations missed forecasts, reports said.

Profit and Loss 40

Profit and Loss Foreign Exchange Corporate Finance Banking 40

PYMNTS

MARCH 1, 2018

“Spreadsheet” can be a four-letter word in corporate finance, but analysts say professionals continue to rely on the manual tool for everything from reconciliation to payroll. When looking for automated solutions, CFOs prioritize forecasting abilities as well as dashboards to display data insights.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Analyzing Data Corporate Finance Reconciliations 40

PYMNTS

JULY 24, 2018

The biggest time-waster linked to spreadsheets in the treasury department is using the tool to establish global cash positions, analysts noted, while treasury-related accounting tasks and cash forecast generation followed close behind.

Finance 41

Finance Treasury Corporate Finance Forecasting 41

PYMNTS

JUNE 11, 2020

In the near term, corporates are looking to mitigate the negative impacts stemming from the global pandemic; in the longer-term, they’re seeking reliable forecasts to plan for a future in a market in which certainty remains painfully low. “All of this has come into play in the last couple of months.”

Economics 77

Economics Accounting Auditing Forecasting 77

PYMNTS

JULY 23, 2018

Treasury-related accounting tasks, payment fund transfers and cash flow forecasting are also top time-wasters for treasurers relying on spreadsheets. Using Excels spreadsheets to analyze daily global cash positions is the largest time-waster, analysts found, noting that this process alone wastes 1,296 hours a year.

Cash Management 40

Cash Management Cash Flow Forecasting Treasury Corporate Finance 40

PYMNTS

JANUARY 9, 2019

Separate reports from The Wall Street Journal ( WSJ ), published last April, also demonstrated the changing nature of corporate finance: While the Big Four accounting firms’ advisory and consulting revenue jumped by a combined 44 percent since 2012, revenue from straightforward auditing for the firms rose just 3 percent in that time. .”

Accounting 71

Accounting Corporate Finance Accounting Firms Auditing 71

PYMNTS

MARCH 21, 2017

TreasuryXpress is the latest B2B FinTech gearing up to release its own API solution. For instance, treasury management systems may include a slew of apps, from payments to cash forecasting, grouped together into a single system. For Rahal, API technology can address some of the long-lasting challenges in treasury management.

Treasury 75

Treasury B2B Banking Forecasting 75

PYMNTS

APRIL 4, 2016

It’s no April Fools’ joke: 2016’s first quarter has already wrapped and, with its closure, comes a wave of data looking back at the state of corporate finances. 68% of B2B buyers made their purchases online in 2014 , found Accenture Interactive in a newly released research report. That’s up from 57 percent in 2013.

B2B 40

B2B Finance Corporate Finance Numbers 40

PYMNTS

SEPTEMBER 28, 2017

Research released in July by job search website Indeed.com found that “small business accountant” was not among the top 10 professions for which small- and medium-sized business (SMB) hirers looked; instead, “business analyst” was the most in-demand corporate finance position, followed by “business development manager” and “data analyst.”.

Accounting 43

Accounting Corporate Finance Risk Management Forecasting 43

PYMNTS

JANUARY 15, 2019

But a lot has to happen for that forecast to come to fruition, especially considering 59 percent of companies surveyed by Centtrip say they haven’t yet benefitted from the legislation — and 8 percent are still entirely unaware of what Open Banking even is.

Banking 66

Banking Corporate Finance Securities Treasury 66

PYMNTS

MARCH 14, 2019

Most also said payments management is the most time-consuming process, followed by cash forecasting. More than one-third admitted that they lack sufficient time to adequately perform all their responsibilities, with cash forecasting and risk management processes put on the back burner most often.

Treasury 46

Treasury Forecasting Economics Risk Management 46

PYMNTS

APRIL 5, 2016

“By better integrating this data through enterprise performance management and business intelligence systems, finance can help companies understand performance, improve forecasts and take action to close gaps and take advantage of opportunities.”

Leadership 42

Leadership CFO Prioritization Finance 42

PYMNTS

AUGUST 22, 2018

“If you’re modeling things out, companies can fail in commission forecasting and end up having to restate their earnings,” he said. In addition to frustrated employees, Charles explained that these mistakes can have a major impact on company financials.

Sales 40

Sales Corporate Finance Planning Forecasting 40

PYMNTS

JUNE 30, 2016

But not every firm is prioritizing the use of technology that can provide more sophisticated financial forecasting. “Corporates want to forecast,” he said. Plus the tactics used to meet regulatory requirements for, say, corporate stress tests can be deployed in the same way for scenario planning.

Budgeting 40

Budgeting Treasury Forecasting Prioritization 40

PYMNTS

DECEMBER 17, 2018

A strengthening economy and forecasts of new revenue heights have corporates large and small looking up. There is a lot to be optimistic about for U.S. businesses.

Transportation 62

Transportation Construction Manufacturing Forecasting 62

PYMNTS

APRIL 24, 2019

The legislation continues to move through Congress at a time when economists have raised concern about rising corporate debt levels and insolvency rates. Analysts forecast a 1 percent increase in insolvency rates among advanced markets, looking at trade and monetary policy volatility and uncertainty as key factors. In the U.S.,

Forecasting 56

Forecasting Retail Economics Numbers 56

PYMNTS

DECEMBER 29, 2016

In 2017, analysts say, corporate banking institutions need to keep cybersecurity top-of-mind when adopting new technologies to help them stay competitive. They include the proliferation of fraud rings, regulatory pressures increasing on banks and the need for banks to address the issue of de-risking under Anti-Money Laundering regulations.

Securities 72

Securities Banking Restructuring Compliance 72

PYMNTS

APRIL 9, 2019

. “This could, first of all, solve problems on the treasury side by reducing the number of disputes, to make cash application and reconciliation a lot more efficient, and to improve cash flow forecasting and cash conversion,” he explained. ”

Finance 63

Finance Cash Flow Forecasting Reconciliations Treasury 63

PYMNTS

MAY 11, 2018

A 2014 survey from treasury management software company Kyriba found that 65 percent of corporate treasurers say they are challenged by a lack of visibility into cash forecasting data inputs, making it their largest forecasting challenge.

Accounts Payable 40

Accounts Payable Treasury SAP Forecasting 40

PYMNTS

APRIL 5, 2016

Last February, the latest data found that India is now outpacing China as the world’s fastest-growing economy, with the nation’s Central Statistics Office forecasting 7.6 To India, And Beyond . percent growth this year. Once the numbers are tallied, India’s economic growth rate is slated to hit 7.3 percent in the three months to Dec.

Banking 73

Banking Foreign Exchange Currencies Forecasting 73