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

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

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

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

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 Prioritization Invoicing Corporate Finance 125

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

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

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 Leadership Cash Management 98

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

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

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

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

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

Future CFO

DECEMBER 6, 2021

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.

Invoicing 52

Invoicing Cash Management Treasury Finance 52

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

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 52

Cash Management Invoicing Accounting Leverage 52

PYMNTS

APRIL 23, 2020

Like consumer-facing platforms, Hogan said the user experience is key to addressing the challenge of enabling independent contractors to manage their own financial admin, including taxes, invoice payments, accounts receivable and cash management. That means cutting out the jargon.

Accounting 56

Accounting Accounts Payable Invoicing Cash Management 56

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

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

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

The Finance Weekly

MARCH 5, 2024

This often involves replacing outdated ERP systems or implementing new cash management solutions. Question 3: Successful Training and Adoption Which software's training and adoption process was exceptionally well-managed across different teams, facilitating a smooth transition or implementation?

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Leverage Cash Management 52

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 Valuation 57

PYMNTS

AUGUST 5, 2019

According to ePayRails CEO Richard Jackman, the company will deploy the funding to buildout its ePayRails Payment Hub, invest in sales and marketing, and bolster its back-office client support offerings. ePayRails is taking a dynamic, long-term approach to addressing specific issues all organizations face with respect to cash management.”

B2B 40

B2B Startups Securities Accounts Payable 40

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

FEBRUARY 13, 2020

trillion in earnings in 2018 alone, according to the Tracker, financial service providers have a massive opportunity to help these professionals manage their money. Gig workers are facing significant money management challenges, too. Freelancers and gig workers may face similar hurdles to SMBs when managing cash flow.

Invoicing 61

Invoicing Finance Banking Planning 61

PYMNTS

MAY 31, 2016

market is returning from a long holiday weekend, with Memorial Day considered the first official holiday of the summer season. ”To help bridge the funding gap, our data shows that SMEs are mow likely to seek cash flow finance.” ” Invoice financing has caught the eye of investors in recent months. .

Invoicing 41

Invoicing Forecasting Finance Cash Management 41

PYMNTS

DECEMBER 11, 2019

and elsewhere has opened up an opportunity not only for new businesses to form, but for those young companies to leapfrog over the growing pains of digital transformation experienced by their peers in other markets, and emerge as tech-savvy, digital companies from the get-go. Translating Consumer Cash To Supplier Payment.

B2B 52

B2B Invoicing Accounts Payable Compliance 52

PYMNTS

OCTOBER 2, 2019

With ongoing shifts in payments, commerce, security and transparency, corporate cash managers have a lot on their plates. The introduction of something market-wide into the world’s largest economy, one that has more than 10,000 banks, is no small undertaking,” Kohli said. Security is also top of mind.

Cash Management 63

Cash Management Reconciliations Treasury B2C 63

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 Reconciliations B2B 57

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

JUNE 19, 2019

The bank is integrating Identitii tokenization technology to launch HSBC DART, a secure digital information exchange offered under its Global Liquidity and Cash Management (GLCM) business. “HSBC’s DART is an industry first,” said Identitii CEO Nick Armstrong in a statement.

Accounting 55

Accounting Communication Cash Management Invoicing 55

PYMNTS

JULY 7, 2017

Invoicing and accounts receivables company VersaPay has inked a partnership with Royal Bank of Canada. RBC is always looking for new and innovative ways to help clients use digital platforms to manage and grow their businesses,” said the bank’s EVP, Business Financial Services Greg Grice in a statement. “RBC

Cash Management 40

Cash Management Invoicing Accounting Banking 40

Boston Startup CFO

APRIL 3, 2023

This includes reconciling cash and credit card transactions, processing and documenting financial transactions, and inputting the data into your startup’s accounting software. This includes managing invoices, receipts, and payments, as well as reconciling bank statements.

Accounting 52

Accounting Accounting Principles GAAP Startups 52

PYMNTS

OCTOBER 25, 2017

The platform aims to facilitate the opening up of a current account via smartphone, providing SMBs with automated accounting and expense management solutions. Fouracre told the publication that it will also provide VAT returns, invoice generation, reporting and other features. “If Earlier this year, another U.K.

Accounting 44

Accounting Banking Invoicing Construction 44

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

SEPTEMBER 17, 2019

Instead, taking a look at the latest solutions to emerge on the market shows various applications for speed in commercial transactions, from faster deposits for small businesses, to virtual cards enabling faster invoice payments for suppliers.

Accounts Payable 43

Accounts Payable B2B Accounting Invoicing 43