Future CFO

APRIL 7, 2022

In one FutureCFO workshop of finance leaders, despite two-thirds using some of the most advanced ERP tools in the market, nearly all concede the use of spreadsheets as part of work. Forty-three years on, spreadsheets are still a staple of finance functions for companies big and small. Albert Leong.

Finance 98

Finance SAP Cash Management Invoicing 98

PYMNTS

NOVEMBER 22, 2016

India’s small business finance space got some renewed attention by investors this week when local startup numberz.in offers cash flow management for businesses. announced seed funding. Owned by Paradime Technologies, numberz.in The company secured $650,000 from Kae Capital and Khosla Impact, reports said Monday (Nov.

Cash Management 71

Cash Management Startups B2B Invoicing 71

PYMNTS

JANUARY 20, 2021

Corporate finance teams were not simply tasked with finding ways to continue operations in a remote work environment as a result of the coronavirus crisis. There were cases where some of these finance teams could not even understand what their cash visibility looked like.”. The Biggest Pain Points, Revealed.

B2B 125

B2B Invoicing Prioritization Corporate Finance 125

PYMNTS

JUNE 11, 2020

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. Interconnected Finances. “How do I manage capital overall? For the customer, this means a seamless payment experience.

Cash Management 60

Cash Management Invoicing B2B Accounts Payable 60

PYMNTS

OCTOBER 1, 2020

As banks look to streamline access to finance or make it easier to safely share financial information with apps, Barclays Business Banking and Wells Fargo are joining forces with FinTechs on digital initiatives. PYMNTS rounds up the latest partnerships and initiatives below. Barclays & Propel. Wells Fargo & Envestnet.

Finance 91

Finance Banking Foreign Exchange Invoicing 91

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 52

Cash Management Treasury Foreign Exchange Concentration 52

PYMNTS

JANUARY 30, 2017

In the second annual survey conducted by C2FO focused on corporate treasurers based in Europe, responses showed that 75 percent of the 100 respondents wanted to invest in technology tied to trade finance. Trade finance, they said, could help boost efficiency in cash management and supply chain (via dynamic discounting on invoices).

Cash Management 49

Cash Management Treasury Invoicing Currencies 49

The Charity CFO

MAY 19, 2023

Cash management for a nonprofit organization is possibly the most important consideration for success. In this article, we will build upon that knowledge and delve more specifically into the topic of cash management. What is cash management?

Cash Management 52

Cash Management Nonprofit Compliance Budgeting 52

PYMNTS

DECEMBER 2, 2020

Sage has unveiled a new partnership with Satago , a cash management and finance program for small firms and accounting professionals, according to an announcement. based Advantedge Commercial Finance, according to a Tuesday (Dec. Alternative lender eCapital is expanding its global footprint by acquiring U.K.-based

Cash Management 57

Cash Management B2B Foreign Exchange Banking 57

Global Finance

OCTOBER 31, 2024

Global Finance: Small and midsize enterprises (SMEs) face a productivity gap compared with larger firms. Gabriel Motomura: On the cash management side of the business, we are also very focused on increasing our clients’ productivity. What does BTG Pactual Empresas offer to improve SME productivity? It’s 100% based on technology.

Startups 52

Startups Banking Cash Management Invoicing 52

Global Finance

MAY 1, 2025

However, there was variation in individual IFIs performances; and many winners of Global Finances Best Islamic Financial Institutions 2025 achieved growth and profitability beyond their peers. Kuwait Finance House (KFH) won as the World’s Best Islamic Financial Institution for 2025.

Finance 83

Finance Banking Retail Investments 83

PYMNTS

SEPTEMBER 21, 2017

Invoice financing company PeerPay is working with cash flow management firm CaFE to enhance small business (SMB) services. 20) that PeerPay, operated by FloFunder , is working with CaFE in an effort to bring greater transparency and predictability into small- and medium-sized business cash management.

Invoicing 43

Invoicing Finance Cash Management Accounting 43

PYMNTS

FEBRUARY 1, 2021

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.

Finance 82

Finance Invoicing Reconciliations Prioritization 82

Navigator SAP

FEBRUARY 17, 2022

Benefits of Cloud ERP in Finance Departments and Other Business Functions Cloud ERP software simplifies operations by allowing your business to centralize documents, create templates, automate and streamline processes, and track manufacturing and distribution progress in real time.

SAP 130

SAP Invoicing Manufacturing Compliance 130

PYMNTS

FEBRUARY 15, 2017

small businesses are losing billions of dollars every year because they aren’t properly managing company cash flow, a new survey finds. billion every year, collectively, because they spend so much time managing company finances like invoices, employee expenses and financial forecasting. Reports Tuesday (Feb.

Cash Management 43

Cash Management Invoicing Startups Forecasting 43

CFO Leadership

JANUARY 5, 2024

We heard from numerous finance leaders and experts at SuiteWorld 2023, NetSuite’s annual user conference, and they were brimming with fresh and challenging ideas that can help companies right now. High-impact areas to automate include invoice processing, the financial close, and internal controls. Here’s a sampling.

CFO 97

CFO Invoicing Cash Management Leadership 97

CFO Thought Leader

JANUARY 29, 2025

Over five years, TDS tripled in size through seven acquisitions, Collis tells us, requiring him to integrate diverse cultures, systems, and processes while scaling the finance team from 10 to 30 members. Position your finance organization as a key driver supporting and accelerating your companys strategy.”

CFO 52

CFO Accounts Payable Invoicing Reconciliations 52

PYMNTS

JULY 21, 2017

Small business accounting and cash management took home the gold this week, with two startups raising a collective $93 million in funding. But the streak of B2B FinTech investments continues for startups of several industries, including cybersecurity, alternative finance and more. Trade Finance. Canada and India.

Cash Management 40

Cash Management Startups Invoicing Accounts Payable 40

PYMNTS

APRIL 29, 2016

In an announcement on Wednesday (April 27), APEX Analytix revealed a four-step cash management strategy to combine data analytics and supplier management tools. Accounts payable and procurement are partnering with treasury to look at cash management more holistically,” the executive said.

Cash Management 40

Cash Management Accounts Payable Treasury Invoicing 40

PYMNTS

OCTOBER 9, 2019

When it comes to invoicing, micromanagement stands in the way of corporate progress, and is the false light at the end of the tunnel. Nowhere is that more apparent than when the CEO or other executive in charge of approving transactions examines every invoice, whether in paper form crossing their desk or through emailed PDFs.

Invoicing 55

Invoicing B2B B2C Education 55

PYMNTS

DECEMBER 1, 2016

Millions of dollars worth of unpaid invoices are written off by U.K. SMEs as losses every day, according to the latest analysis from Amicus Commercial Finance. And it creates significant cash management issues for these businesses, the research found: A fifth of SMEs surveyed said cash flow issues have led them to lose contracts.

Invoicing 43

Invoicing Finance B2B Cash Management 43

PYMNTS

FEBRUARY 1, 2021

If at that time, someone would have asked Citi Managing Director and Global Head of Domestic Payments and Receivables Anupam Sinha how long it would take for corporate treasury organizations to fully embrace digital , he said his answer would likely have been something along the lines of, “Don’t hold your breath.”.

B2B 94

B2B Accounts Payable Treasury Cash Management 94

Future CFO

JANUARY 30, 2021

The rise of virtual banks in Asia is a testament to the limitations of financing opportunities for small businesses among incumbent banks. However, as many will quickly learn, large enterprises often practice payment terms that can leave businesses hanging on to invoices they can’t really use to pay salaries or suppliers. What to do?

Invoicing 52

Invoicing CFO Treasury Finance 52

PYMNTS

JANUARY 27, 2017

The solutions for the pharmacy sector offered by Supply Chain Finance are self-explanatory, but the company is rolling out a new solution for its corporate users in need of financial management solutions. 26) that it is launching Invoice-Link , an app that allows pharmacies to manage invoices submitted by partnering couriers online.

Auditing 41

Auditing Cash Management Invoicing Finance 41

Global Finance

SEPTEMBER 9, 2024

And while the latest tools of the trade—artificial intelligence (AI) and machine learning (ML)—promise to make tasks such as liquidity forecasting, cash management, and risk management easier, they come with their own complications and tie the treasury team even more closely into management’s strategic planning.

Treasury 97

Treasury Cash Flow Forecasting Forecasting Cash Management 97

Global Finance

OCTOBER 11, 2024

Global Finance presents its 31st annual list of best banks worldwide. JPMorgan Chase takes the top honor as Global Finance ’s World’s Best Bank for 2024, as well as the World’s Best Investment Bank and World’s Best Private Bank. Throughout 2023, JPMorgan Chase raised $2.3

Banking 111

Banking Foreign Exchange Profit and Loss Finance 111

PYMNTS

APRIL 4, 2019

A proliferating trade finance market has emerged largely as a result of this cash flow crunch, linking B2B traders with a wide range of solutions to inject external capital into the flow of funds between buyers and suppliers. “‘We want to help you manage the flow of funds.'” Forging Deeper Buyer-Supplier Ties.

Finance 56

Finance B2B Invoicing Securities 56

PYMNTS

MARCH 4, 2020

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.

Treasury 96

Treasury B2B Cash Management Leverage 96

Future CFO

MARCH 14, 2022

International SOS embarked on the digital transformation of its finance operations by automating its procure-to-pay and accounts receivable processes. Collaborating closely with technology partner Esker Asia, the company moved from 85% paper-based invoices to handling 95% electronic invoices today. Ross Mackay. Ross Mackay.

Invoicing 97

Invoicing Accounting Finance Banking 97

Global Finance

JUNE 6, 2024

FAB also launched a sustainability-linked current account for businesses to support clients in achieving environmental, social and governance objectives by contributing to sustainable developments, integrated into their everyday cash management and a sustainability-linked supply chain finance offering.

Construction 109

Construction Compliance Cash Management Banking 109

PYMNTS

OCTOBER 14, 2019

Finnish invoicing company Enterpay announced that it has closed a €1 million ($1.1 Headquartered in Helsinki, Enterpay’s automated invoicing payment solution works to optimize the payment process for B2B eCommerce companies, allowing them to increase profitable customers via improved credit scoring and automated invoicing.

Invoicing 46

Invoicing B2B Risk Management eCommerce 46

PYMNTS

NOVEMBER 6, 2019

If a small business buys office suppliers from a vendor once a month, it can be relatively straightforward for the accounts payable (AP) department receiving that supplier invoice to notice if their company has been overcharged. Validation [of these complex invoices] is done by exception or sampling, and that’s not surprising,” he said.

Invoicing 40

Invoicing Accounts Payable General Ledger Forecasting 40

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 40

Finance Invoicing B2B Accounts Payable 40

PYMNTS

MAY 29, 2017

Samsung Electronics is setting up a new fund to help suppliers with cash flow. million that will go toward supplier financing in an effort to ease cash flow struggles down its supplier chain. Hana Bank, Shinhan Bank and KP Koomin Bank will provide the supplier financing, reports said.

Finance 43

Finance Cash Management Invoicing Banking 43

PYMNTS

DECEMBER 1, 2020

Sage has unveiled a new partnership with Satago , a cash management and finance program for small firms and accounting professionals, according to an announcement. It is time to put SMEs back in control of their finances. It will also free up more time for companies and generate efficiencies by automating workflows. “It

Risk Analysis 68

Risk Analysis Invoicing Credit Risk Cash Management 68

PYMNTS

OCTOBER 19, 2016

But the benefits to accurate cash predictability are universal across companies of all sizes. Rahal pointed to the ability for businesses to foresee whether they will need to access external financing should they be short on cash in the coming months, key to making payroll and supplier payments, for instance. ”

Forecasting 77

Forecasting Cash Flow Forecasting Reconciliations Invoicing 77

PYMNTS

JANUARY 16, 2020

Open banking and its promise of more elasticity in finance is enabled by application program interfaces (APIs) — lines of code that execute everything from simple peer-to-peer (P2P) transfers to industrial-sized B2B real-time payments. As the industry marks two years since open banking’s U.K.

B2B 53

B2B Finance Banking Cash Management 53