PYMNTS

MARCH 19, 2020

By expanding accounting platforms’ functionality, software can help to remedy this challenge, said Rana, while data integration across other platforms like payroll, AP and AR are essential to financial transparency. Rana said this connectivity is key for financial reporting and tax filing. ” A Waterfall Effect. .

Accounting 62

Accounting Invoicing Accounts Payable Financial Data 62

PYMNTS

OCTOBER 22, 2019

Accounts payable technology company AvidXchange is targeting the healthcare industry with payments and invoicing offerings. The technologies can support the industry’s HIPAA compliance and other regulatory requirements with elevated financial reporting and auditing capabilities.

Healthcare 40

Healthcare Accounts Payable Invoicing Auditing 40

PYMNTS

SEPTEMBER 17, 2020

For finance professionals, this could be anything from the time-consuming workflow of printing and cutting paper checks to keeping piles of financial reports on the desk. Take the electronic invoice, for example. Organizations have long struggled with a "paper deluge." It's all about metadata, said Wood. "I

Accounts Payable 63

Accounts Payable Compliance Invoicing Finance 63

PYMNTS

JULY 5, 2018

Financial Reporting Council’s Financial Reporting Lab (FRL) released a report exploring potential applications of blockchain in the corporate accounting space. Its portal is up-and-running to connect small businesses to trade financing by enabling unpaid invoices to be uploaded to the solution.

Invoicing 47

Invoicing Finance Compliance Banking 47

PYMNTS

AUGUST 25, 2017

Accounting software firm MYOB, based in Australia, has released its six-month financial reports, posting $22.4 According to reports, the company’s small business segment attributed to much of that performance. Reports Thursday (Aug. million in after-tax profits. “That’s an instant foot in the door.”

Invoicing 40

Invoicing Accounting Leverage Financial Reporting 40

PYMNTS

JUNE 21, 2019

In the B2B space, the latest cases are spread across North America, Australia and the U.K. new reports from The New Yorker this week dove into how the current CFO of the National Rival Association (NRA) allegedly embezzled funds from his last company, employee benefits consulting firm the Wyatt Company. Fraud knows no boundaries.

Accounts Payable 43

Accounts Payable CFO Accounting B2B 43

PYMNTS

SEPTEMBER 17, 2019

According to Giner, once he obtained access to the company’s financial records, it became clear that something was amiss. “I I learned gradually that OrbCare’s financial reporting was quite out of date and that no recent monthly or annual statements were available,” Giner said in an affidavit provided to the court.

Healthcare 51

Healthcare Invoicing Startups Financial Reporting 51

PYMNTS

FEBRUARY 5, 2018

.” Increasingly, MSPs are tasked with handling more financial data as well, from sources like invoices and payments of their customers. That, too, is a challenge for any business: EY research published in 2015 found that the biggest financial reporting challenges for CFOs is a lack of integration between IT systems.

Finance 43

Finance Financial Data Invoicing Communication 43

PYMNTS

JULY 20, 2016

Reports said EMC suppliers declined to comment on the matter, though one did say it does not see cause for concern. Reports added that Dell has already extended invoice payment terms to suppliers in the past in order to free up working capital — that included extended payment terms to Microsoft and Intel vendors. In the U.S.,

Invoicing 40

Invoicing Finance Financial Reporting Technology 40

PYMNTS

JUNE 24, 2019

As reported, the government will work with the Financial Reporting Council (FRC) to improve transparency tied to supply chain finance. There will also be directives to increase the use of accounting and invoicing software — £1 million ($1,273,940 USD) in funding has already been allocated to that effort.

Auditing 43

Auditing Invoicing Finance Accounting 43

PYMNTS

MAY 17, 2018

” Carillion suppliers have already begun to speak out against late payment practices, as they are left with bills totaling millions of dollars , and no guarantee that invoices will ever be paid. Last month, reports emerged that U.K.

Auditing 40

Auditing Accounting Standards Construction Accounting 40

PYMNTS

JULY 19, 2018

Spend management is a vital party of a company’s operations, as the costs of supplies — or of certain entertainment and travel activities — are likely to reflect, directly or indirectly, on the invoices going to customers and in the financial reports of firms.

Construction 44

Construction Entertainment Invoicing Budgeting 44

PYMNTS

MAY 4, 2016

People who are using fuel cards are getting these weekly or monthly invoice/reports that aren’t incredibly intuitive,” the executive said. Rather, their data must communicate, she said. They kind of just file them away.”.

Profit and Loss 40

Profit and Loss Transportation Education Invoicing 40