Remove Banking Remove Cash Flow Forecasting Remove Invoicing Remove Reconciliations
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Why PDFs Aren't Enough To Digitize The Procure-To-Pay Workflow

PYMNTS

Digitizing documents is key to optimizing workflows, but when it comes to the procure-to-pay space, not all digital invoices and purchase orders are created equal. XML invoices, which digitize the data on the invoice, are only a fraction of total invoice volume. What It Means to Be Digital.

Invoicing 110
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New Year’s Resolution: The Clearing House Urges Banks To Become 24/7 Operations

PYMNTS

Even so, there’s still plenty of work to be done to raise awareness about how sending or receiving RTP transactions can improve the banking client experience. One thing is customer service, but the other is liquidity management or cash flow forecasting, and that's new to a lot of organizations.”. Limits And Fees.

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The best cash flow management software for business

Spreadym

It involves monitoring, analyzing, and optimizing the flow of cash into and out of an entity to ensure the availability of sufficient funds for operations, expenses, and future growth. This forecast serves as a baseline for monitoring and planning your cash flow. monthly, quarterly, or annually).

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Canada’s Path Toward B2B Payables Modernization

PYMNTS

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. Open Banking. While Canada has not yet enacted open banking regulatory requirements, much like the U.S.,

B2B 62
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SWIFT Broadens Real-Time Payment Tracking Capabilites

PYMNTS

“These expanded tracking capabilities are part of a series of gpi services that we will roll out in 2018 to further improve the cross-border payments experience, enable banks to provide a far superior service to their customers and rapidly attract more banks to join,” said SWIFT head of payments Harry Newman.

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How AR-AP Connectivity Drives B2B Collaboration

PYMNTS

Preserving firms’ existing banking relationships and collaborating with FinTechs to ensure back-office integrations with enterprise resource planning (ERP) systems and other third-party platforms are important parts of this process, but keeping an eye on vendor relationships is also key. Xero, Transferwise Team For SMB Cash Flow.

B2B 52
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The Convergence Of Trade Finance And Trade Credit Insurance

PYMNTS

While use of trade finance continues to climb, the International Chamber of Commerce ‘s Banking Commission has warned the financial services market that small and medium-sized business (SMB) access to trade finance is disproportionately low, as large financial institutions (FIs) pull back from the SMB borrower segment. Combining Forces.

Finance 63