Remove Cash Management Remove Forecasting Remove Invoicing Remove Technology
article thumbnail

Cash Flow Forecasting That Sees The Forest From The Trees

PYMNTS

The same principal holds true when it comes to forecasting cash flow. In a new PYMNTS interview, Jessica Cheney, vice president, product management and strategic solutions at Bottomline Technologies , talked about the importance of improving that cash flow situation, and the role intelligent technologies can play.

article thumbnail

Manual Cash Management Costing UK SMEs Billions

PYMNTS

billion every year, collectively, because they spend so much time managing company finances like invoices, employee expenses and financial forecasting. According to research from Soldo, small business employees spend an average of more than four hours a week managing these types of processes. Reports Tuesday (Feb.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Survey Reveals: The Top SaaS Solutions Redefining Finance Departments in 2024

The Finance Weekly

Meanwhile, larger enterprises are updating their older technology stacks with superior and more robust alternatives. This often involves replacing outdated ERP systems or implementing new cash management solutions. This has led to increased competition and fostered a more inclusive and efficient financial ecosystem.

article thumbnail

Challenges and opportunities in the automation of accounts payables

Future CFO

Automation will give finance leaders deep insight into all their financial transactions which they currently cannot achieve especially where paper-based or email-based invoices as those invoices usually sit in email inboxes or on someone's desks. By adding our xSuite technology into the finance process, and we help automate these.

article thumbnail

The new accounts payable department & the future of payables

Future CFO

Manual AP invoicing has been outdated and inefficient for years now, so when business across the globe encountered significant disruptions, companies with digital transformation still on their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

article thumbnail

Robotics Process Automation Rakes In The VC Cash

PYMNTS

In an interview, the firm’s CEO and Co-founder Mihir Shukla said the investment will be used to drive more corporate partnerships within SoftBank’s network, and work to push ahead of industry rivals in an increasingly competitive market for enterprise automation and artificial intelligence (AI) technologies. million raised, U.K.-based

article thumbnail

Canada’s Path Toward B2B Payables Modernization

PYMNTS

Traditional accounts payable suffers multiple points of friction often rooted in that data is stored on paper or stuck in emails, is rarely integrated across multiple back-office systems, and is not easily digitized and analyzed for reconciliation and cash management purposes. Faster Payments. Open Banking.

B2B 62