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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. Recurring pain points in accounts payables. Benefits of automating accounts payables.

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ERP Data On The Front Lines Of Blockchain Adoption

PYMNTS

The solution is called Finlync SAP-DL Integrator , and the idea, said Finlync in an interview with PYMNTS, is that the ERP system is the central home to critical data like purchase orders and invoices, business partner payment information and the like. That speed is something which, simply, is not possible today.” However, this is changing.

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PodChats with FutureCFO: The smarter way of collecting and allocating cash

Future CFO

Working closely with technology partner Esker International, the company moved from 85% paper-based invoices to handling 95% electronic invoices today. If there's a dispute on certain invoices, clearly, they are not collectable. So, that could be sending an automated email a few days after you've issued the invoice.

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8 ways payment automation makes cash management better

CFO Leadership

The pandemic spurred many realizations, including this one: the enterprise cash management process is broken. Cash management is always important, but it’s certainly gotten a lot more attention in the past two years. As companies went into crisis mode, keeping a very close eye on cash became a top priority.

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A $200M Mélange Of B2B Venture Capital

PYMNTS

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. In a statement, Bpifrance Large Venture Investment Director Nicolas Herschtel said Kyriba is on its way to becoming a global company.

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The CFO Agenda: 5 Areas to Focus on in 2024

CFO Leadership

High-impact areas to automate include invoice processing, the financial close, and internal controls. Perhaps one of the most significant shifts worth noting is the growing number of e-invoicing mandates globally. A foundation of effective prognostication lies in strong cash management.

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Coming out stronger in 2021 – What does good look like?

Future CFO

Technology also helped International SOS implement an AI-enabled OCR solution during the pandemic and enabled digital invoicing from hospitals and clinics. This is very difficult for new hires who will not know what their managers want,” said Marina Bay Sands’ Tan.

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