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OneStream Launches Automated Account Reconciliation

PYMNTS

The program can be used for everything from intercompany transactions, accounts payable and receivable, travel and entertainment (T&E) reporting, bank clearing and lockbox to general ledger cash accounts. The Transaction Matching software goes hand-in-hand with OneStream’s existing Account Reconciliation.

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Crowe Launches Cash Management Solution For Hospitals

PYMNTS

Accounting, consultancy and technology firm Crowe is rolling out a new solution designed for hospitals to automate daily bank reconciliation processes and manage cash flow, the company said in a recent announcement. Hospitals can often struggle to manually reconcile cash flow coming from multiple sources.

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What New Payment Rails Miss About Solving B2B’s Remittance Challenge

PYMNTS

B2B payments’ innovation trajectory continues to accelerate as more end-point solutions emerge to improve the vast number of friction points in the industry. Achieving this goal in improving B2B payments means moving beyond the transaction itself. It’s no longer just about the payment,” he told PYMNTS in a recent interview.

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How Data Guides A New Era For The ERP

PYMNTS

The boom in B2B FinTech has introduced a flurry of new solutions and platforms from which corporates and small businesses can choose. These applications tend to back right into the General Ledger, the central financial data repository at the heart or ERP core financials,” he said. The ERP’s Role in a FinTech World.

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Tipalti Bolsters Accounts Payable Platform With AI-Powered Pi

PYMNTS

The technology works in the background to provide correct approval routing and general ledger (GL) coding at the bill as well as bill line level. This intelligence helps improve future routing accuracy, streamlines payment reconciliation processes, and maintains data hygiene in the ERP,” the release stated.

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Looking Within The Enterprise To Unlock Spend Data Silos

PYMNTS

In B2B FinTech, spend management is a greenfield opportunity as innovators explore how to help corporates understand the nuances of how money flows out of the enterprise. It’s a whole mess of trying to wrangle data sitting in multiple different systems.”.

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Accounting Technology’s Impact Felt Far Beyond The Enterprise

PYMNTS

The CEO explained that, traditionally, accountants would print out reconciliations and store them in binders; auditors would then take a sample of those reconciliation documents and match those against the general ledger. Take auditing for instance. “That’s an insane approach.”