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The Economic – And Ergonomic – Value Of Commercial Card Optimization

PYMNTS

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. “It’s also the ergonomics of it.

Economics 104
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How Treasurers Can Prepare For A Real-Time Payments Ecosystem

PYMNTS

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 117
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Quicker Payment Expectations Are Driving Real-Time Payroll Forward At Paychex

PYMNTS

These longstanding frustrations have recently become more concerning for both parties, however, as the COVID-19 pandemic has made paycheck speed more essential for businesses’ cash flow reconciliation and employees’ bill-paying needs. Meeting accelerating expectations in real time . The vast majority of U.S.

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EACT SURVEY 2021

Simply Treasury

automatic reconciliation, Straight Through Processing / STP, use of mass data, etc.). The maturity of technological solutions makes it possible more than ever to place greater hope in improved cash management. The crisis has crystallized the need to digitize and accelerate the ongoing transformation.

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Helping Corporates Get Over The Real Time Payments Hump

PYMNTS

From a cash flow perspective, the ability to reallocate funds in real time, or to support payment processing that is faster and more affordable than other payment methods like cards, is vital to the financial health of firms amid economic uncertainty. ” Driving Ubiquity.

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JPMorgan On Corporate Treasurers And Their ‘Digitization Journey’

PYMNTS

In an interview with Karen Webster, Sairam Rangachari, global head of Digital Channels and Open Banking, Wholesale Payments at JPMorgan , said treasurers seeking to gain visibility into cash management can find application programming interfaces (APIs) to be a useful (and even critical) tool. Age And Complexity.

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Advice for Startups from your Financial Partner

BlueLight

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?