Future CFO

DECEMBER 6, 2021

In the past 18 months with the onset of the COVID 19 pandemic, International SOS, which delivers health and security services has been automating its cash collection process. Working closely with technology partner Esker International, the company moved from 85% paper-based invoices to handling 95% electronic invoices today.

Invoicing 52

Invoicing Cash Management Treasury Finance 52

PYMNTS

MAY 19, 2017

WannaCry’s explosive impact on the industry has enterprise security on everyone’s mind, and this startup is now a unicorn because of that attention, closing $100 million in Series D financing. Find out which startup landed the cash, along with the other B2B startups that saw their share of investments this week, below. Cash Management.

B2B 61

B2B Investments B2C Cash Management 61

Future CFO

DECEMBER 11, 2023

In the US, the US Federal Reserve is set to introduce to the local market FedNow – an instant payment solution that will enable customers of participating banks and credit unions to instantly send and receive money transfers outside of traditional banking hours. Efforts are underway in other markets to facilitate cross-border e-payments.

Banking 98

Banking Finance CFO Leverage 98

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

APRIL 4, 2019

With B2B payment terms continuing to lengthen in the global market, cash flow management continues to play a critical role in the survival of traders, particularly the smallest firms. “‘We want to help you manage the flow of funds.'” “‘We want to help you manage the flow of funds.'”

Finance 56

Finance B2B Invoicing Securities 56

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. Faster processes, less complexity, heightened security — it seems like a no-brainer.

SAP 57

SAP Invoicing Reconciliations B2B 57

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 Compliance 52

PYMNTS

OCTOBER 25, 2017

Countingup , a FinTech that aims to combine and streamline corporate banking and accounting for small- and medium-sized businesses (SMBs), secured fresh funding this week, according to news from TechCrunch. Fouracre told the publication that it will also provide VAT returns, invoice generation, reporting and other features. “If

Accounting 44

Accounting Banking Invoicing Construction 44

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 Foreign Exchange Currencies Startups 77

PYMNTS

FEBRUARY 14, 2017

Together, the companies rolled out a cloud-based invoicing and B2B payment solution aimed at helping business users better manage cash flow. ” In another statement, Mastercard Head of Commercial Products for the Middle East and Africa Adam Jones said cash management is a critical challenge for companies.

Accounts Payable 40

Accounts Payable B2C B2B Invoicing 40

PYMNTS

SEPTEMBER 30, 2016

And that goes for the industries covered, too, with treasury management’s Kyriba, blockchain’s BlockApps and enterprise security’s Druva landing on the board, to name a few. Find out who else secured funding below. Expense Management. Enterprise Security. Treasury Management.

B2B 70

B2B Treasury Startups Cash Management 70

PYMNTS

JUNE 10, 2016

in the alternative SME lending space, while B2B startups from the Netherlands and Spain also secured impressive rounds. Kabbage’s sister firm Down Under secured $1.5 Reports said Satago became one of the first startups to secure capital through equity crowdfunding in 2012. ” Invoice Finance. Alt-Lending.

Startups 40

Startups B2B Invoicing Finance 40

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.

Reconciliations 47

Reconciliations Accounts Payable B2B Cash Management 47

PYMNTS

NOVEMBER 4, 2016

In B2B payments, that can mean discontent in the way traditional banks and FIs do business or a need for disruptive technologies to come to market faster than banks can offer. 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.

Treasury 79

Treasury B2B Leverage Reconciliations 79

PYMNTS

DECEMBER 12, 2017

When it comes to wire transfers, meanwhile, separate analysis from the AFP found that 74 percent of companies surveyed said they were hit with a business email compromise scam in 2016, which typically involves scammers requesting payment via wire transfer for a fraudulent invoice. Indeed, the issue of late payments is growing in the U.S.:

Accounting 44

Accounting Cash Flow Forecasting B2B Invoicing 44

PYMNTS

MARCH 7, 2016

As soon as the job has been completed, the field technician issues an invoice electronically via a connected smart device,” he said. The customer can then make a ‘live,’ secure online payment by entering their card details into the smart device.”. The device is synced into the IntegraPay network to then process those payments.

Invoicing 40

Invoicing B2C B2B Cash Management 40

PYMNTS

APRIL 18, 2016

For instance, businesses need to figure out how to strike reliable partnerships in overseas markets. They’re having to look at new markets abroad, and the challenges that come with that aren’t easily solved.” They’re having to look at new markets abroad, and the challenges that come with that aren’t easily solved.”

Foreign Exchange 40

Foreign Exchange Invoicing B2B Accounts Payable 40

PYMNTS

SEPTEMBER 26, 2016

From sourcing to invoicing, B2B transactions involve a lot of steps before the actual payment. Today’s market, Clark said, makes B2B payment terms even more critical for each side when it comes to cash flow management. For a buyer, that can mean early payment discounts or strategic payment terms.

B2B 65

B2B Cash Management Invoicing Securities 65

Future CFO

FEBRUARY 10, 2021

While this has improved the CFO’s ability to navigate the uncertain market landscape, it also introduces new challenges. said Michelle Quek , vice president, Business Operations and Finance at Ensign Info Security. CFOs need to change the way they manage their teams or risk creating organizational silos.

CFO 52

CFO Finance Auditing Treasury 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. Just a few weeks after the U.S.

Healthcare 115

Healthcare B2B Foreign Exchange Treasury 115

PYMNTS

MARCH 1, 2016

seeing the greatest value of investments — with China and Germany also securing massive deals, too. SoFi led the charge securing a $1 billion Series E round last August, just months after a $213 million round. Citi Ventures supported B2B FinTech companies like invoice financer C2FO, while iwoca got support from CommerzVentures.

B2B 40

B2B Foreign Exchange Accounts Payable Startups 40

BlueLight

JULY 30, 2020

In the startup world, unit economics is the new product market fit. Third is financing and cash management.” It can process the data of sales, customer relations, marketing, and human resources. Security and Audit ?—?NetSuite Customer relationship management: Salesforce ?—?The Application Access? —?NetSuite

CFO 52

CFO Financial Planning and Analysis (FP&A) Strategic Planning Startups 52

PYMNTS

AUGUST 5, 2019

2), ePayRails said it secured $2.45 million in Series A funding led by Aspire Fund Management, which provided $2 million. 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.

B2B 40

B2B Startups Securities Accounts Payable 40

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

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

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

Bramasol

DECEMBER 13, 2021

From Bramasol's perspective as a leading SAP partner creating business management, finance, and compliance solutions for over 25 years, here are five major areas that we are watching closely and helping our clients prepare to deal with in the coming year - and beyond. For example, the Ariba Network brings together over 6.7 trillion per year.

SAP 52

SAP Compliance Profit and Loss IFRS 52

PYMNTS

FEBRUARY 6, 2020

Strong market demand is even compelling banks to adopt such practices in regions where open banking is not legally required. Faster payments allow firms to unlock improved invoicing terms and just-in-time stock management in addition to receiving their funds quickly. The technology grants ample benefits to all parties involved.

B2B 64

B2B Treasury Banking eCommerce 64

PYMNTS

JANUARY 21, 2020

According to Cherry, in addition to reassuring small business clients of the security of their application programming interface (API) data integrations, banks and FinTech firms must boost awareness among their SMB clients about the benefits that data sharing can offer. Open Banking Startup Lands $99.9 As one of the U.K.’s

Banking 60

Banking Treasury Financial Data Cash Management 60

PYMNTS

MARCH 8, 2019

A B2B transaction in an industry like construction, where what triggers a payment isn’t a single, simple invoice. construction and engineering industry has the longest B2B payment times of any other market, making it an attractive target for B2B FinTechs. What’s more complicated than a B2B transaction?

Construction 50

Construction B2B Invoicing Benchmarking 50

PYMNTS

DECEMBER 1, 2016

From paper checks and invoices, to phone calls to track down payments and manual processes, there are many pain points impacting the flow of transactions between buyer and suppliers. Suppliers can access the portal by clicking a link in the email remittance or going to a secure website from either a desktop or mobile device.

B2B 51

B2B Invoicing Leadership Education 51

PYMNTS

JULY 14, 2017

With headquarters in California, PayStand provides cash management and accounts receivable solutions to business customers using blockchain and SaaS tools. Enterprise Security. The Series D funding now brings Darktrace’s valuation up to $825 million, with plans to use the new funding to expand into new markets.

B2B 53

B2B Startups B2C Cash Management 53

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 Finance Treasury 52

PYMNTS

MAY 23, 2016

Three major markets in the region — Czech Republic, Turkey and Poland — each exceeded the regional average of 20 percent for the portion of B2B invoices that are more than 90 days past due. Greater visibility of risk exposure could help lessen the impact of late invoice payments.

B2B 40

B2B Invoicing Prioritization Credit Risk 40