CFO Share

MARCH 15, 2024

But for the typical small business owner with little more than an admin to assist, strong cash flow may feel like a fantasy. But with the right bookkeeping processes, you can boost cash management and breathe a sigh of relief. What is Cash Flow in Bookkeeping? Cash flow, simply put, is your business’s heartbeat.

Invoicing 52

Invoicing Cash Management Compliance Finance 52

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

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

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

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

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

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

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

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

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

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

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

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

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

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 Cash Management Invoicing 53

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 Treasury Accounts Payable Cash Management 94

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

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 Finance Accounting Banking 97

Strategic Treasurer

MARCH 6, 2023

Episode 243 Becoming a Treasurer Series, Part 24: Languages of Finance: FP&A As we jump back into the Becoming a Treasurer series, we are launching a new sub-series where we will look at the “language of finance.” What are some of the different ways we look at it in finance, accounting as a view of it?

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Treasury GAAP 52

PYMNTS

JANUARY 15, 2019

According to Factris, DEBIFO currently holds 35 percent of Lithuania’s alternative finance market with its invoice financing solution, targeted at small and medium-sized businesses (SMBs). Last March, invoice financing company Invox Finance took a different route for growth, launching its token sale in Australia.

Marketing 51

Marketing Invoicing Finance Cash Management 51

PYMNTS

AUGUST 24, 2018

The acquisition will also bridge Allied’s existing customers to the banking and cash management offerings of Axiom, the companies said. According to the press release, Allied targets small and middle-market companies with its invoice financing solution. Financial details of the takeover were not disclosed.

Banking 54

Banking Invoicing Manufacturing Construction 54

Future CFO

MARCH 29, 2021

Prior to 2020, we heard discussions about the importance of automation to the finance function. FutureCFO spoke to Marcus Rex, managing director for Asia-Pacific, xSuite, for his perspective on how finance automation in general, and accounts payable in particularly, can help transform finance into a profit centre.

Accounts Payable 52

Accounts Payable Accounting SAP Invoicing 52

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

PYMNTS

APRIL 23, 2020

As one-person operations, they often lack the resources and know-how to manage professional finances in a compliant and efficient way, yet they have more complex tax, payments and cash flow management needs than the average individual. Dan Hogan, chief financial officer and chief operating officer of newly-launched U.K.-based

Accounting 56

Accounting Accounts Payable Invoicing Cash Management 56

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. It’s really a case of how to get the receivable situation as accurate as we can so that we can then control and manage what we spend on the payable side,” said Mackay.

Invoicing 52

Invoicing Cash Management Treasury Finance 52

Boston Startup CFO

APRIL 3, 2023

However, don't undervalue the significance of comprehending finance for your startup's survival. This includes reconciling cash and credit card transactions, processing and documenting financial transactions, and inputting the data into your startup’s accounting software.

Accounting 52

Accounting Accounting Principles GAAP Compliance 52

PYMNTS

NOVEMBER 7, 2019

Launched last month, the Supply Chain Financing platform can help exporters optimize working capital, while also reducing costs and manual errors. The solution enables buyers to upload several invoices at once, and can also help users estimate future cash flow through the use of data in various formats. It’s a pilot,” HSBC U.K.

Invoicing 40

Invoicing Cash Management Finance Leverage 40

PYMNTS

JANUARY 29, 2018

The firm is rolling out FactorAdvantage, a factoring and invoice finance solution designed for third-party lenders to extend their reach to small business customers while preventing predatory and disruptive practices like loan stacking.

Invoicing 43

Invoicing Finance Cash Management Technology 43

PYMNTS

AUGUST 24, 2017

A company news message at Irish invoice financing company Aztec Exchange suggests the firm is headed toward liquidation. provides invoice financing and other cash management solutions for businesses. The Ireland-based company, which also operates in the U.S., Last year, Aztec Exchange raised $3.5

Invoicing 40

Invoicing Cash Management Finance Investments 40

PYMNTS

DECEMBER 21, 2016

The invoicing and corporate cash management firm revealed that the NBA team is now using Viewpost to manage its own supplier payments needs, enabling the franchise to send digital invoices to its corporate clients and accept electronic payments.

B2B 50

B2B Invoicing Planning Cash Management 50

PYMNTS

MAY 31, 2016

Small business owners were likely hoping to see a boost in sales from tourism and the extra weekend day for shopping, but according to analysis from Hitachi Capital Invoice Finance, summer can be a difficult time for small businesses. ” Invoice financing has caught the eye of investors in recent months.

Invoicing 41

Invoicing Forecasting Finance Cash Management 41

PYMNTS

JANUARY 14, 2020

Businesses tap myriad digital solutions and contract with numerous companies to keep their operations’ finances running smoothly. This complicated process can involve everything from accounting and invoicing software to bank accounts. Managing these steps in separate systems can be friction-filled, Haider said.

Cash Management 52

Cash Management Invoicing Accounting Leverage 52

PYMNTS

APRIL 28, 2016

ZipBooks, which provides small and medium-sized businesses with invoice financing tools and accounting software, is going mobile. The app includes a “Get Paid Now” button, through which SMEs can submit outstanding invoices to get financing. ZipBooks links SMEs with invoice financing at a 0.5

Invoicing 40

Invoicing Treasury B2B Finance 40

CFO Simplified

MARCH 11, 2024

But it’s likely that they haven’t used their accounting knowledge for years, and the knowledge of operational finance that’s needed is different from the day to day accounting knowledge that they have. The real risk is that when monthly financials are presented to management, they don’t know what those reports are saying.

Profit and Loss 52

Profit and Loss CFO Risk Management Invoicing 52

PYMNTS

NOVEMBER 9, 2020

Accounts payable (AP), accounts receivable (AR) and other capital management workflows are also not immune to pandemic-related struggles. One study found that 74 percent of accounting staff reported pain points when manually processing invoice data, for example, with 68 percent citing manual invoice routing as their top concern.

Accounts Payable 52

Accounts Payable Forecasting Invoicing Leverage 52

PYMNTS

SEPTEMBER 28, 2020

The companies said they have expanded an existing partnership that will see Commerce Bank integrate HighRadius's full suite of integrated receivables and treasury management tools, one year after another expansion in which the bank added HighRadius's Virtual Card Processing and Electronic Invoice Presentment and Payment technologies.

Treasury 81

Treasury Banking Cash Management Invoicing 81