PYMNTS

JANUARY 26, 2017

The solution is called Finlync SAP-DL Integrator , and the idea, said Finlync in an interview with PYMNTS, is that the ERP system is the central home to critical data like purchase orders and invoices, business partner payment information and the like. That speed is something which, simply, is not possible today.” However, this is changing.

SAP 57

SAP Invoicing Reconciliations B2B 57

PYMNTS

APRIL 3, 2020

Not only do businesses struggle to manually process payments, but reconciliation across payment rails is also a headache as each banking and payment provider presents information in different ways. “Each bank has a different way of presenting information back to you,” he explained.

Accounts Payable 52

Accounts Payable Reconciliations Compliance Invoicing 52

PYMNTS

SEPTEMBER 17, 2019

Instead, taking a look at the latest solutions to emerge on the market shows various applications for speed in commercial transactions, from faster deposits for small businesses, to virtual cards enabling faster invoice payments for suppliers. Chase Accelerates SMB Bank Deposits. Community Banks Go Real Time.

Accounts Payable 43

Accounts Payable B2B Accounting Invoicing 43

PYMNTS

OCTOBER 17, 2017

17), Visa said it is tackling that issue through a new partnership with accounts receivable (AR) and cash management company Billtrust. In an announcement on Tuesday (Oct. Billtrust has deep expertise in addressing the pain points that suppliers and merchants have within B2B,” said Taira Hall, vice president, U.S.

Reconciliations 47

Reconciliations Accounts Payable B2B Cash Management 47

PYMNTS

DECEMBER 5, 2019

Staff spend too much time and effort on managing payments, expense claims, reimbursements, approvals, accounting and internal front- and back-end processing,” he said, adding that a “lack of control” is also a major pain point, with managers often lacking real-time, streamlined visibility into who is spending company money, how and with whom.

Accounts Payable 52

Accounts Payable B2B Problem Solving Nonprofit 52

PYMNTS

NOVEMBER 4, 2016

In B2B payments, that can mean discontent in the way traditional banks and FIs do business or a need for disruptive technologies to come to market faster than banks can offer. But, as Moore explained, these types of collaborations are critical to the banks, too. But this use case can easily be applied to other industries, too.

Treasury 79

Treasury B2B Leverage Reconciliations 79

BlueLight

JULY 16, 2020

from taking care of their day-to-day bookkeeping, data entry, reconciliation, cash management, to building the three financial statements. For example, if the data originates in the banking system, it should automatically feed into Quickbooks. What are services that startups underutilize and should use more?

Startups 52

Startups CFO Reconciliations General Ledger 52

PYMNTS

DECEMBER 30, 2016

Andy Brown, Marketing Director of Payments, NCR : “One challenge that will gradually be overcome in 2017 with the move to ISO 20022 is the availability of information with the payment transaction that will make reconciliation much easier. Banks will publish APIs that allow access to bank information and to execute payments.

B2B 50

B2B Reconciliations eCommerce Banking 50

PYMNTS

DECEMBER 2, 2020

Today in B2B payments, Amazon takes advantage of cloud adoption with expanded call center functionality, while Sage collaborates on small business cash flow management. Meanwhile, Aareal Bank launches a new B2B payments platform, Cobase teams up for FX and eCapital acquires a commercial lender. 1) announcement. and Canada.

Cash Management 57

Cash Management B2B Foreign Exchange Banking 57

PYMNTS

NOVEMBER 22, 2016

“Smartphone adoption has grown much more rapidly than general banking and card adoption in the Asia-Pacific region,” said ICD Asia-Pacific Associate Research Director of AP Connected Consumer Marketplaces Shiv Putcha last year when IDC released its mobile payments forecast.

B2B 65

B2B B2C Vendor Management Reconciliations 65

PYMNTS

NOVEMBER 23, 2020

Indeed, according to Fiskl CEO and Founder Alina Lapusneanu , entrepreneurs are searching for solutions that can multitask, and embrace a wide range of functionality to tackle more pain points around banking, payments and cash management — all at once. All About Cash Flow.

Finance 106

Finance Invoicing Cash Management Reconciliations 106

PYMNTS

MARCH 18, 2020

In a recent conversation with PYMNTS, Bectran Business Development & Implementation Manager Dominic Biegel said it is certainly a possibility that the continued impact of the coronavirus pandemic could add pressure on businesses to migrate away from paper invoices, or shift their own customers toward electronic payments.

Reconciliations 80

Reconciliations Invoicing Communication B2B 80

Future CFO

APRIL 7, 2022

As a SaaS-based platform, SAP Concur connects expense, travel and vendor invoice spending in one system providing a single way to manage spending from end to end for greater visibility into transactions, improve compliance, and simplify the process for everyone – finance and employees. banking fees). banking fees).

Finance 98

Finance SAP Leadership Cash Management 98

PYMNTS

OCTOBER 2, 2019

With ongoing shifts in payments, commerce, security and transparency, corporate cash managers have a lot on their plates. The introduction of something market-wide into the world’s largest economy, one that has more than 10,000 banks, is no small undertaking,” Kohli said. Interoperability is Key. Security is also top of mind.

Cash Management 63

Cash Management Reconciliations Treasury B2C 63

CFO Simplified

APRIL 8, 2022

Significant Findings and Recommendations: Internal Controls – Cash Operations. The office manager controlled the company’s financial operations. She did payroll, accounts payable, invoicing and cash receipts. Provide close oversight of cash operations: New vendors should be approved by management.

Accounts Payable 52

Accounts Payable Cash Flow Forecasting Reconciliations Forecasting 52

PYMNTS

JUNE 9, 2017

But it’s an uphill battle, Dahl said, because banks are standing in the way of this accounting progress. Banks are really hindering this process of making things more efficient,” she said. They’re making it very difficult – at least in Canada, with fewer banks and a lot more control. Cash Flow Management.

Accounting 43

Accounting Technology Accounts Payable Invoicing 43

PYMNTS

AUGUST 6, 2018

Their collaboration means businesses will have more ways to accept payments, including bank transfers and card products. REPAY and InterProse added that their partnership aims to cut redundancies in their offerings, eliminating the double-posting of payments in both systems to streamline reconciliation. per document.

Accounting 40

Accounting Reconciliations Invoicing Cash Management 40

PYMNTS

JULY 31, 2017

Considering SMEs the world over are struggling with adopting electronic payments and invoicing, Indian companies are certainly facing a challenge. Cash, in the form of currency notes on hand, does not really help anyone,” Krishnan recently told PYMNTS.

Invoicing 40

Invoicing B2B Accounts Payable Cash Management 40

PYMNTS

AUGUST 25, 2016

ING Wholesale Banking has announced a new solution aimed at corporate treasurers in need of managing cash across borders. Dubbed Virtual Cash Management (VCM), the solution, announced on Wednesday (Aug. The Virtual Cash Management tool is ING’s effort to guide treasurers into this new role, it said.

Treasury 40

Treasury Concentration Cash Management Reconciliations 40