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 52

Invoicing Cash Management Treasury Finance 52

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 52

Accounting Accounting Principles GAAP Compliance 52

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 71

Cash Flow Forecasting Forecasting Invoicing Cash Management 71

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 52

Accounts Payable Forecasting Invoicing Leverage 52

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Manual AP invoicing has been outdated and inefficient for years now, so when business across the globe encountered significant disruptions, companies with digital transformation still on their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 40

Accounts Payable Accounting Invoicing Finance 40

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 56

Accounts Payable Invoicing Banking Cash Management 56

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 41

Banking Finance Cash Management Invoicing 41

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 70

B2B Treasury Startups Cash Management 70

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 115

Healthcare B2B Foreign Exchange Treasury 115

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 41

Accounts Payable Currencies Invoicing Profit and Loss 41

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 52

CFO Financial Planning and Analysis (FP&A) Strategic Planning Startups 52

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 40

Finance Accounts Payable Startups Banking 40

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 40

Manufacturing Analyzing Data Finance CFO 40

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.

Foreign Exchange 40

Foreign Exchange B2B Manufacturing Finance 40

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 52

Startups CFO Reconciliations General Ledger 52

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 65

B2B B2C Vendor Management Reconciliations 65

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 41

Accounts Payable Corporate Finance Treasury Invoicing 41

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 40

B2B Banking Cash Management Invoicing 40

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 52

Treasury Cash Flow Forecasting Forecasting Banking 52

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 98

Invoicing Finance CFO Accounting 98

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 54

Accounting Banking Cash Management Compliance 54

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 41

Banking Concentration Treasury Cash Management 41