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

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 40

Invoicing Cash Management Finance Leverage 40

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.

Accounts Payable 49

Accounts Payable B2B Invoicing Corporate Finance 49

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Manual AP invoicing has been outdated and inefficient for years now, so when business across the globe encountered significant disruptions, companies with digital transformation still on their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 40

Accounts Payable Accounting Invoicing Finance 40

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 98

Banking Finance CFO Leverage 98

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 79

Treasury B2B Leverage Reconciliations 79

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 56

Accounts Payable Invoicing Banking Cash Management 56

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 54

B2B Invoicing Reconciliations Education 54

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 40

Invoicing Cash Management Manufacturing Securities 40

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 42

Accounting Invoicing Reconciliations Accounts Payable 42

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 56

Banking Financial Data Investments Cash Management 56

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 47

Reconciliations Accounts Payable B2B Cash Management 47

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 52

Accounts Payable B2B Problem Solving Nonprofit 52

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 115

Healthcare B2B Foreign Exchange Treasury 115

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 64

Construction Compliance Cash Management Treasury 64

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 52

Treasury Cash Flow Forecasting Forecasting Banking 52

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 78

Invoicing Accounting Banking B2B 78

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 46

Accounts Payable Healthcare Invoicing Compliance 46

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 52

SAP Compliance Profit and Loss IFRS 52

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 52

Treasury Foreign Exchange CFO Currencies 52

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 40

General Ledger Budgeting Forecasting Cash Flow Forecasting 40

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 44

Banking Invoicing Cash Management Accounting 44