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Why Cash Management Is Driving Corporate?s Digital Payments Transformation

PYMNTS

Now that businesses have gotten a taste of what it means to automate workflows like invoicing, accounts receivable (AR) and cash management, they’re likely never turning back. “How do I manage capital overall?” For the customer, this means a seamless payment experience. Interconnected Finances.

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ERP Functional Areas of Management

Navigator SAP

Automating and streamlining tasks related to budgeting, cost and cash management, activity-based costing, and other accounting or finance functions also helps ensure compliance with financial regulations. Customer Relationship Management Many ERP platforms contain modules that focus on how the business communicates with customers.

SAP 130
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HSBC On The Next Phase Of Treasury APIs

PYMNTS

Singapore-based bank DBS is offering an API-powered payment service that lets companies scan QR codes on invoices to then immediately pay suppliers via the city-state’s near-real-time payments rail. Lendi also provides personalized evaluations about the would-be borrowers’ likelihoods of being approved for the various loans.

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How 'Internet Of Systems' Can Drive SMB Finance Transparency

PYMNTS

Although the purpose of digitization in the finance department is, in many cases, to strengthen cash management, the effect of so many siloed systems can actually be quite different. As Berghald explained, that’s because each critical function — from invoicing to payment to accounting — all occur separately from each other.

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HSBC Taps Tokenization For Accounts Receivable Tool

PYMNTS

The bank is integrating Identitii tokenization technology to launch HSBC DART, a secure digital information exchange offered under its Global Liquidity and Cash Management (GLCM) business. “HSBC’s DART is an industry first,” said Identitii CEO Nick Armstrong in a statement.

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Challenges and opportunities in the automation of accounts payables

Future CFO

Automation will give finance leaders deep insight into all their financial transactions which they currently cannot achieve especially where paper-based or email-based invoices as those invoices usually sit in email inboxes or on someone's desks. Recurring pain points in accounts payables. Benefits of automating accounts payables.

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Tipalti Broadens Reach With B2B Partnerships

PYMNTS

“By streamlining supplier onboarding, tax compliance, invoice processing, global payments and payment reconciliation, Tipalti helps modern finance organizations strategically scale more rapidly and efficiently.” The enhanced integration aims to strengthen control and communication for both ends of the transaction.

B2B 46