Global Finance

FEBRUARY 4, 2025

A broad range of traditional trade finance, working capital management solutions, and substantial investment in technology to enhance the banks trade finance offerings helps the French multinational support clients with complex international trade operations. Best Digital Asset Capabilities For Trade Finance J.P. Morgan J.P.

Finance

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

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. This month’s Deep Dive examines top fraud attempts leveraged against business APIs and strategies for defending against them.

Treasury

Navigator SAP

FEBRUARY 17, 2022

Automating and streamlining tasks related to budgeting, cost and cash management, activity-based costing, and other accounting or finance functions also helps ensure compliance with financial regulations. Customer Relationship Management Many ERP platforms contain modules that focus on how the business communicates with customers.

SAP

PYMNTS

JUNE 11, 2019

Electronic invoicing and settlement solutions provider PayCargo, which targets the shipping and logistics industry, will integrate payments processing into Unisys Corporation’s Digistics solution, the companies announced this week. ” .” ”

Transportation

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

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

PYMNTS

NOVEMBER 4, 2016

Deals were made with B2B invoicing and payments firm Viewpost, as well as health care blockchain company Gem and natural language search technology company ClearGraph. Gem uses Ethereum distributed ledger technology to streamline the health care claims process and help health care providers manage their cash and get paid. .

Treasury

Global Finance

OCTOBER 11, 2024

million small-business clients, the bank broadened its suite of payment acceptance offerings, including invoicing and a tap-to-pay option allowing merchants to accept card payments via their mobile devices. CIBC Mellon continues to refine its business model by leveraging the most advanced technology. billion Qatari riyals ($4.25

Banking

PYMNTS

JANUARY 14, 2020

This complicated process can involve everything from accounting and invoicing software to bank accounts. For this month’s feature story, Haider explained how a robust API strategy can help banks support smoother, speedier and more convenient payment and cash management experiences for their business clients.

Cash Management

https://trustedcfosolutions.com/feed/

JANUARY 31, 2023

Eighty-two percent of those that fail do so because of insufficient funds and cash flow problems. Formal Cash Management Procedures Getting the right balance of cash isn’t always easy. Review your cash flow statements early and often — make this a regular basis. Automate your accounts payable processes.

Cash Flow Forecasting

PYMNTS

DECEMBER 29, 2016

Some B2B payments players have predicted that, on the accounts payable side of the transaction, higher interest rates will lead companies to extend their payment terms and to seek out AP technologies that offer integrated supplier financing solutions to help with that cash flow crunch on the supplier side.

B2B

PYMNTS

SEPTEMBER 17, 2018

The handwritten invoice he left with my cushions included his name, his mobile phone number and the payment methods he accepted: cash or check. The invoice amount was less than $500. When I got the invoice, I panicked a little. But all else equal, that’s not what treasurers and cash managers say they value the most today.

Invoicing

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

PYMNTS

MARCH 23, 2017

Receivable Savvy, an accounts receivable and order-to-cash management firm, wants suppliers to see Same Day ACH as an opportunity to bolster cash flow. The company, which provides education and resources for suppliers, recently released a new eBook to guide vendors on how to take advantage of Same Day ACH technology.

B2B

PYMNTS

NOVEMBER 7, 2019

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. With this program, suppliers may effectively decrease ‘Days Sales Outstanding’ and enjoy additional working capital without leveraging bank credit lines.

Invoicing

PYMNTS

NOVEMBER 29, 2018

Payments, finance and cash management were also chosen as areas that both large firms and SMBs said could be improved as a result of their banks’ Open Banking efforts. Access to convenient banking services is the top benefit for corporates to gain from Open Banking, both large enterprises and SMBs agreed.

Banking

PYMNTS

JUNE 22, 2016

Accounts receivable processes, like their AP counterparts, are similarly plagued by manual, paper processes, making the cash management effort monumental for suppliers. It can automate credit checks for buyers and streamline the invoice and payment dispute process, the report said.

Accounting

PYMNTS

DECEMBER 31, 2020

From the back-office bean counter to the overseer of cybersecurity and anti-money laundering (AML) compliance, the modern corporate treasury has undergone an extreme makeover in recent years that goes well beyond its historic roots in cash management. According to J.P. What we developed … is purely and truly contactless.”.

Healthcare

PYMNTS

OCTOBER 17, 2017

17), Visa said it is tackling that issue through a new partnership with accounts receivable (AR) and cash management company Billtrust. In an announcement on Tuesday (Oct. According to Hall, verticals like construction, equipment and healthcare can especially benefit from greater supplier acceptance of virtual cards.

Reconciliations

PYMNTS

JULY 3, 2019

A recent report by the Healthcare Financial Management Association, citing research by Levvel Research, found 36 percent of invoices received by hospitals are paper (while 35 percent are emailed), and 27 percent of survey respondents aren’t using any kind of AP automation solution.

Accounts Payable

PYMNTS

JUNE 22, 2020

AP practices that require processing paper invoices from vendors and mailing out checks force employees to work from their offices, putting their health — and their satisfaction with their employers — at risk. The right choices can keep suppliers satisfied while helping buyers address their own cash management concerns.

Accounts Payable

The Finance Weekly

MARCH 5, 2024

Next, came a new solution, Datarails Connect , which leverages Excel's success to transform it into a kind of self-service BI solution, enabling finance professionals to become truly independent by connecting their entire data stack to Excel in a simple and self-service manner.

Financial Planning and Analysis (FP&A)

PYMNTS

SEPTEMBER 19, 2017

Google and Intuit have teamed up to boost Australian small and medium-sized businesses (SMBs) with cash management. SMBs can now use Gmail to leverage integrated eInvoicing via Intuit tools. Google and Intuit believe their partnership can help allay this pain point.

Invoicing

Future CFO

DECEMBER 11, 2023

Suppliers can embed real-time payment instructions in customer communications to simplify invoice processing. They also had to learn how to leverage the new opportunities from payments to go beyond just the handling of transactions, and how to derive new revenue streams and build new products and services around payments.

Banking

PYMNTS

DECEMBER 5, 2019

Staff spend too much time and effort on managing payments, expense claims, reimbursements, approvals, accounting and internal front- and back-end processing,” he said, adding that a “lack of control” is also a major pain point, with managers often lacking real-time, streamlined visibility into who is spending company money, how and with whom.

Accounts Payable

Future CFO

APRIL 21, 2021

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.

Accounts Payable

PYMNTS

DECEMBER 18, 2017

Admin tasks like accounting and invoicing make it really hard to scale efficiently.”. Automating accounting and invoicing. We rest on the cusp of a payments revolution,” said Shahrokh Moinian, Deutsche Bank’s global head of Cash Products and Cash Management, in a statement announcing the report.

Banking

Bramasol

DECEMBER 13, 2021

That's why Bramasol is proactively partnering with SAP to help our clients leverage SAP's Product Footprint Management (PFM) , a new cloud-native application built on SAP Business Technology Platform. The need for carbon accounting solutions that provide tangible and reliable data will be a major issue throughout 2022 and beyond.

SAP

Planful

JANUARY 3, 2017

Accounts receivable and collections management. Fixed asset management. Treasury and cash management. Most ERP systems are built and deployed using a relational database management system (RDBMS), which is optimized for high-volume transaction processing. Accounts payable. Order processing and billing.

General Ledger

Future CFO

JANUARY 21, 2021

Equally important is supply chain financing, which touches on the topics of invoice and reverse factoring. People are looking to see if there are ways for them to leverage their excess cash or the limitations in [acquiring] cash,” added Kim. Becoming a strategic partner.

Treasury

Global Finance

SEPTEMBER 5, 2024

Other technological innovations from these labs address everything from improving anti-money laundering (AML) compliance and easing underwriting processes to speeding up customer onboarding and improving cash management for small and midsize enterprise (SME) clients. million members.

Startups

Strategic Treasurer

JANUARY 3, 2022

And really how best to leverage those across their enterprises, what sort of data to give access to those solutions? I think that you’ll see broader adoption of payment APIs in 2022 as, you know, organizations look to leverage more real time payments. But I think this is very, I guess, use case specific, right?

Treasury

Global Finance

FEBRUARY 3, 2025

It just helps a business with cash management. Australias New Payments Platform (NPP) also imposes no upper limit on transaction amounts, a trend designed to benefit large businesses handling substantial transactions to settle invoices. You pay all your employees, and that goes out immediately. It doesnt take three to four days.

Currencies