PYMNTS

JULY 2, 2020

Leavitt , founder and CEO of Boost Payment Solutions , said commercial card programs are now coming to the forefront of AP departments’ priority lists when delaying payments is no longer the most viable, or effective, cash management option. “We’re seeing a lot more of that mentality.” ”

Economics

Global Finance

JULY 26, 2024

Although nearshoring has been a boon for Mexico, and the outlook is generally positive, risks in foreign exchange and commodity markets persist and require companies to partner with banks having regional expertise and cash management solutions tailored to the Latin American market.

Cash Management

PYMNTS

AUGUST 3, 2020

The ability of blockchain infrastructure to store data means transactions can not only be settled in real time, but can also be linked to one specific invoice, opening up the potential for automated reconciliation. “Here’s the big ‘ah-ha,'” said Long. ” Coexisting Systems.

Treasury

Navigator SAP

FEBRUARY 17, 2022

How do you keep employees engaged and business thriving in an economic landscape marred by the ongoing effects of the COVID-19 pandemic on society at large? The ERP functional areas of management are extensive, as they aid almost every part of a business.

SAP

Global Finance

SEPTEMBER 9, 2024

Today, the corporate treasury team plays a critical role helping companies navigate a business environment rife with economic uncertainty, geopolitical risks, regulatory change, trade tensions and supply chain disruptions. These innovations are empowering treasury teams to optimize cash management, reduce costs, and drive business growth.

Treasury

PYMNTS

JANUARY 8, 2021

Automation’s long march to the present day finds automation grinding out new solutions to cash management issues during a topsy-turvy economic time. Cash Management Moving in Virtual Directions. Delayed payments are causing frustration among businesses during the pandemic,” per the Playbook.

B2B

PYMNTS

JULY 5, 2019

Financial Institutions are experiencing significant changes (and potential improvements) when it comes to managing and forecasting cash flow, with new tools and technologies entering the market — with many designed to appeal to small and medium-sized businesses (SMBs).

Cash Flow Forecasting

Global Finance

OCTOBER 11, 2024

million small-business clients, the bank broadened its suite of payment acceptance offerings, including invoicing and a tap-to-pay option allowing merchants to accept card payments via their mobile devices. in 2022, according to the International Monetary Fund’s July World Economic Outlook 2024.

Banking

Future CFO

APRIL 6, 2022

In an EY podcast on Why “cash culture” is a critical lever in today’s PE climate , Nick Boreo from EY Strategy and Operations Services spoke out on the importance of cash, particularly during an economic downturn. Where most companies think about cash flow is actually getting back to the fundamentals of running a business.

Invoicing

PYMNTS

FEBRUARY 22, 2017

There is some concern that widespread financial regulations like Basel III may lead economies to lose sight of FinTech innovation and overall economic growth. Today, businesses need a more sophisticated view of their cash positions and a broader array of payments and financial services. Chamber of Commerce released last year.

Accounting

PYMNTS

JULY 16, 2019

Billie, a Germany-based startup offering invoicing and financing solutions for small businesses and corporates, announced about $33.6 Billie operates a platform upon which companies can send invoices to their corporate customers, collect payments and access invoice financing on unpaid bills.

Finance

PYMNTS

SEPTEMBER 30, 2016

The company’s backing comes at the hands of Sequoia Capital India, as well as Singapore-based Economic Development Board Investments. Kyriba plans to use the funding to focus on product innovation and to strengthen capabilities around risk management, supply chain and cash management and bank connectivity, it revealed.

B2B

PYMNTS

DECEMBER 31, 2020

In a year filled with unexpected challenges and a COVID-era economic climate that proved fatal for many companies, PYMNTS was lucky to hear directly from the front lines how scores of company leaders and industry experts were coping with the crisis and turning conflict into opportunity. According to J.P.

Healthcare

Future CFO

DECEMBER 6, 2021

With the disruption of the global supply chain and the economic slowdown, companies’ finance departments are under more pressure to optimise their cash conversion cycle. Working closely with technology partner Esker International, the company moved from 85% paper-based invoices to handling 95% electronic invoices today.

Invoicing

PYMNTS

NOVEMBER 9, 2020

Even companies that did not directly interact with individual consumers have seen their operations change rapidly as the health crisis-driven economic downturn negatively affects customers’ abilities to pay for goods and services and vendors’ abilities to supply inventory.

Accounts Payable

PYMNTS

JUNE 22, 2020

AP practices that require processing paper invoices from vendors and mailing out checks force employees to work from their offices, putting their health — and their satisfaction with their employers — at risk. The right choices can keep suppliers satisfied while helping buyers address their own cash management concerns.

Accounts Payable

PYMNTS

JUNE 6, 2016

New data on the struggles facing small business borrowers — from frustration surrounding the rejection of a bank loan to unexpected, sky-high APRs linked to alternative financing — means banks have a long way to go to fill in the gaps for entrepreneurs when it comes to their cash management, payments and expansion needs.

Banking

Boston Startup CFO

APRIL 3, 2023

This includes reconciling cash and credit card transactions, processing and documenting financial transactions, and inputting the data into your startup’s accounting software. This includes managing invoices, receipts, and payments, as well as reconciling bank statements.

Accounting

PYMNTS

JUNE 20, 2016

Examine the latest research to grasp just how cumbersome modern cash management can be. $3 70% of APAC businesses struggle from overdue payments by their corporate buyers, reported Coface in its annual Asia-Pacific economic survey. 3 billion has been at risk to cyberthieves from U.S.

Accounts Payable

Future CFO

APRIL 21, 2021

Manual AP invoicing has been outdated and inefficient for years now, so when business across the globe encountered significant disruptions, companies with digital transformation still on their to-do lists felt the impact on their operations far more than those already using automation. Optimizing cash flow.

Accounts Payable

PYMNTS

NOVEMBER 22, 2016

Those drivers may support the rise in consumer mobile payments, but economic factors in the Asia-Pacific region have also opened doors for B2B mobile payments to gain traction, too. MC Payment , a startup based in Singapore, is a FinTech startup in the region that is riding the B2B mobile payments wave. .

B2B

PYMNTS

AUGUST 22, 2016

The latest research puts a price tag on the finances of better procurement, banking, cash management and innovation among small and medium-sized businesses. Researchers said a decline in small and medium-sized business lending is likely to lead to sluggish economic growth overall. 139 billion could be saved by U.K.

Finance

PYMNTS

MAY 10, 2016

“We stand on the brink of a technological revolution that will fundamentally alter the way we live, work and relate to one another,” wrote World Economic Forum Founder and Executive Chairman Klaus Schwab in an article published last January. Commentary from CFOs surveyed highlights the need for more specialized, custom financing.

Manufacturing

BlueLight

JULY 30, 2020

Forward In the current economic crisis, business leaders from early-stage startups to large multinational corporations have had to make difficult decisions. In the startup world, unit economics is the new product market fit. Especially in times like these, it’s very important for unit economics to be strong.

CFO

PYMNTS

MARCH 23, 2016

In a recent move that may shake up the supply chain finance sector, the International Chamber of Commerce and the Bankers Association for Finance and Trade (BAFT) released updated standard definitions for the industry to help both banks and nonbank players more efficiently provide cash management solutions and mitigate risk in this space.

B2B

PYMNTS

JUNE 13, 2016

According to Kauffman, these entrepreneurs are critical for job growth and economic strength, though pointed to the tendency for startups to delay hiring, contributing to a bit of jobs growth weakness recently found in the country. 88% of finance professionals anticipate a rise in payments fraud , said TD Bank in its latest analysis.

Accounts Payable

BlueLight

JULY 16, 2020

from taking care of their day-to-day bookkeeping, data entry, reconciliation, cash management, to building the three financial statements. What can they do to stay resilient in the face of economic uncertainty? What are services that startups underutilize and should use more? Startups often leave bookkeeping tasks with us.

Startups

PYMNTS

MARCH 10, 2016

Banks need to begin not only helping smaller business customers with financing but with a higher level of services, like invoicing, supply chain management, cash management, automation and the like. “They’re not unsophisticated.” No “Human Touch” Necessary .

Banking

Global Finance

SEPTEMBER 5, 2024

Other technological innovations from these labs address everything from improving anti-money laundering (AML) compliance and easing underwriting processes to speeding up customer onboarding and improving cash management for small and midsize enterprise (SME) clients. million members.

Startups

PYMNTS

AUGUST 2, 2018

That connectivity, Rhodes stated, is one that remains a goal of iGTB, with software in place for digital banking that can help transform cash management – and that the bank need not rip and replace all of its legacy assets. Against that backdrop, said Rhodes, iGTB has been debuting a new architecture driven by APIs. Back to the Future.

B2B

Strategic Treasurer

JANUARY 3, 2022

Likewise, in the API automation space, I think you’re already seeing a lot of this in terms of you know, just identifying how, you know, invoices should be coded, for example, through, you know, machine learning. This is a technology that’s probably ready for primetime as well. So hopefully that shift takes place. Jon Paquette

Treasury

Global Finance

FEBRUARY 3, 2025

Susan Barton, EY: From a treasury view, it helps with cash managementyou know exactly when youre paying people. Among the most successful implementations of RTP in emerging markets, Indias UPI is a leading example of how RTP can drive economic inclusion while offering businesses a scalable and efficient payment solution.

Currencies