PYMNTS

JANUARY 20, 2021

According to Rajiv Ramachandran , senior vice president of product strategy and management at Coupa , the pandemic was a “wake-up call” for many finance leaders who experienced a jolting breakdown of key functions. There were cases where some of these finance teams could not even understand what their cash visibility looked like.”.

B2B 125

B2B Invoicing Prioritization Corporate Finance 125

PYMNTS

JANUARY 30, 2017

Trade finance, they said, could help boost efficiency in cash management and supply chain (via dynamic discounting on invoices). And it’s no small market, as he said that the working capital market is worth as much as $40 trillion. Such efficiencies can be applied to both domestic and international transactions.

Cash Management 49

Cash Management Treasury Invoicing Currencies 49

PYMNTS

NOVEMBER 23, 2020

The way entrepreneurs are managing their businesses — and their businesses' finances — is changing, with complexities and pain points multiplying. Amid the market uncertainty of the pandemic, small business owners often have to do more with less, and they're expecting the financial technology solutions they use to do the same.

Finance 106

Finance Invoicing Cash Management Reconciliations 106

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

AUGUST 3, 2020

It’s one factor in why so few challenger banks have launched in the country compared to markets like the U.K., However, there are efforts to lower the barriers to entry for market newcomers. where challenger banking has flourished in recent years. Normalizing Digital Assets. As a whole, the U.S. “The U.S.

Treasury 117

Treasury Currencies Invoicing Cash Management 117

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. Compared to consumer and enterprise, relatively less investment has been made in this market. Investors are recognizing that this is a huge market breaking out. Canada and India.

Cash Management 40

Cash Management Startups Invoicing Accounts Payable 40

Global Finance

OCTOBER 31, 2024

Our strategy is to combine efforts and support SMEs in a market that was, until then, dominated by large companies. We believe that with appropriate credit and the right pricing, SMEs have the capability to operate competitively with other players, which is a good thing for the market as a whole.

Startups 52

Startups Banking Cash Management Invoicing 52

Future CFO

JANUARY 30, 2021

That traditional banks are not fazed by the entry virtual banks reveals that despite the marketing of so-called small business-friendly offers, incumbents are focused on the very established small businesses with acceptable collateral. Click here for a history of invoicing finance, including factoring and trade finance. What to do?

Invoicing 52

Invoicing CFO Treasury Finance 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

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.

SAP 130

SAP Invoicing Manufacturing Compliance 130

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. Middle-market companies are increasingly joining larger enterprise counterparts in demanding their banks provide them with treasury APIs.

Treasury 96

Treasury B2B Cash Management Leverage 96

PYMNTS

NOVEMBER 6, 2019

If a small business buys office suppliers from a vendor once a month, it can be relatively straightforward for the accounts payable (AP) department receiving that supplier invoice to notice if their company has been overcharged. Validation [of these complex invoices] is done by exception or sampling, and that’s not surprising,” he said.

Invoicing 40

Invoicing Accounts Payable General Ledger Forecasting 40

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

PYMNTS

FEBRUARY 19, 2019

That probably won’t come as a surprise to many in the B2B payments space, considering that organizations typically try to float their capital for as long as possible, a cash management tactic that can lead to longer payment terms with small suppliers, and the prevalence of late payments. In the U.K., Rimilia , a U.K.-based

Accounting 75

Accounting Cash Management B2B Invoicing 75

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 97

Treasury Cash Flow Forecasting Forecasting Cash Management 97

PYMNTS

MARCH 18, 2020

There are many benefits to corporates’ digitization initiatives and cloud migrations – yet as today’s global markets are quickly realizing, there is one critical advantage: the ability to quickly adjust to work-from-home recommendations and mandates. “The work from there is, what do you do with the exceptions?”

Reconciliations 80

Reconciliations Invoicing Communication B2B 80

Global Finance

MAY 1, 2025

The strategic and operational aim of the IFIs is to increase digitalization to drive efficiency, gain new customersparticularly at the higher end of retail and commercial bankingand raise competitiveness in challenging banking markets. These IFIs are well managed and have good governance.

Finance 83

Finance Banking Retail Investments 83

Global Finance

JUNE 6, 2024

Its new generative AI tool analyzes and summarizes the minutes and announcements from the Monetary Policy Committee of Brazil’s central bank and the Federal Open Market Committee of the US Federal Reserve. Not only can market risk be better monitored, but market costs can be saved for participants: about $30 million so far, estimates CCDC.

Construction 109

Construction Compliance Cash Management Banking 109

Future CFO

APRIL 7, 2022

In one FutureCFO workshop of finance leaders, despite two-thirds using some of the most advanced ERP tools in the market, nearly all concede the use of spreadsheets as part of work. It’s more than just streamlining financial processes and cash management, it’s seeing the bigger picture of how it can generate growth,” says Jenji’s Leong.

Finance 98

Finance SAP Cash Management Invoicing 98

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. The bank is known for developing inaugural and subsequent green and social bonds for the European and Latin American markets.

Banking 111

Banking Foreign Exchange Profit and Loss Finance 111

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 73

Transportation Cash Management Invoicing Leverage 73

PYMNTS

AUGUST 1, 2019

The guidelines were developed by the Cross-Border Payments and Reporting Plus (CBPR+) working group, SWIFT explained, a working group overseen by the Payments Market Practice Group (PMPG). Widespread adoption of these standards will also allow for streamlined reconciliation and cash management transparency for beneficiaries, it added.

Reconciliations 76

Reconciliations Cash Management Invoicing Banking 76

PYMNTS

FEBRUARY 1, 2021

For years, small- to medium-sized businesses ( SMBs ) have been leaping at the opportunity to digitize their back offices thanks to the rise of FinTech and the ability for more agile tools tailored to smaller firms to bring enterprise-grade solutions to the SMB market. The last year alone has seen this trend occur at warp-speed.

Finance 82

Finance Invoicing Reconciliations Prioritization 82

PYMNTS

DECEMBER 30, 2020

The shift toward contextual banking has a tailwind in place as the financial institutions (FIs) that have been market leaders have been seeing strong deposit growth — and as corporate customers are growing those balances, they want to be able to see their account activity and cash balances visible within the same application on demand.

Banking 97

Banking Accounts Payable Treasury Reconciliations 97

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

PYMNTS

MAY 19, 2017

Cash Management. While Telr, based in Singapore and India, provides front-office B2C payment solutions to its business customers, the company has also grown a presence in the back-office, with cash management and logistics solutions linked into its overall offering. B2B Marketing. secured $10.3 Based in the U.K.,

B2B 61

B2B Investments B2C Cash Management 61

PYMNTS

NOVEMBER 16, 2016

Alternative lenders, for instance, largely emerged as a response to banks retreating from the SME lending market. Other SME-serving FinTech companies are offering the digital payments and cash management solutions many traditional FIs consider too costly to offer small businesses. “It’s cheap and easy.”

Banking 75

Banking Invoicing B2B Cash Management 75

PYMNTS

JANUARY 26, 2017

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.

SAP 57

SAP Invoicing B2B Reconciliations 57

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

PYMNTS

SEPTEMBER 20, 2016

With companies turning to subscriptions for anything from software to meal services, from Internet of Things-connected devices to online marketing, the way companies sell to and buy from each other is changing. And existing cloud accounting tools, Eyamie said, “they just do not elegantly handle that recurring relationship.”

B2B 78

B2B Accounting Invoicing Entertainment 78

PYMNTS

OCTOBER 11, 2017

Based on the activity of the past few weeks, it seems API-based solutions are becoming more at home on mobile devices as various companies launched several app-based solutions to expedite cash flows in different global markets. B2B payments are becoming more mobile in various global markets for different types of industries.

B2B 71

B2B Cash Management Invoicing Currencies 71

PYMNTS

SEPTEMBER 17, 2020

The bank says customers will be able to utilize "increased liquidity, improved visibility into cash flows, and greater control as the need to transfer funds to third party accounts is removed.". According to Coates, Oxbury's platform works as both a banking platform and an invoice management portal.

Currencies 64

Currencies Accounting Banking Foreign Exchange 64

PYMNTS

MAY 31, 2019

Accounts receivable and invoicing company Crowdz announced a $5.5 million Series A investment round, which it plans to use to deploy its Invoice Exchange platform, the company said in a press release. Crowdz is developing a blockchain platform that enables B2B vendors to submit invoices, receive payment and sell invoices for financing.

B2B 57

B2B Accounts Payable Invoicing Startups 57

PYMNTS

APRIL 20, 2017

Nonpayment on outstanding invoices not only reflects poor cash management of a corporate buyer, but can impact the cash management abilities of a supplier, too. It’s a growing industry.

Invoicing 43

Invoicing Cash Management Accounting Banking 43

PYMNTS

JULY 5, 2019

Financial Institutions are experiencing significant changes (and potential improvements) when it comes to managing and forecasting cash flow, with new tools and technologies entering the market — with many designed to appeal to small and medium-sized businesses (SMBs).

Cash Flow Forecasting 71

Cash Flow Forecasting Forecasting Invoicing Cash Management 71

PYMNTS

MARCH 6, 2019

Much of the operations are limited by the time zone/region and cutoff times for various markets,” he said. Within that ambition, he said, “the only way to create real-time cash management or trading is to allow all parties to see the same pool of validated data.”.

Treasury 75

Treasury Auditing Foreign Exchange Pharmaceutical 75

PYMNTS

NOVEMBER 16, 2018

The star of this week’s roundup is undoubtedly data: Two Robotics Process Automation (RPA) companies focusing on enterprise data analytics and automation landed a combined $565 million, while other high-value rounds were closed in the workspace sharing and asset-based lending markets. Automation Anywhere.

Accounts Payable 77

Accounts Payable Currencies Foreign Exchange Startups 77