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. Chase Accelerates SMB Bank Deposits. FinTechs Move Money To Vendors Faster.

Accounts Payable 43

Accounts Payable B2B Accounting Invoicing 43

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

JUNE 22, 2016

But a new report from Corcentric , written by the Institute of Finance & Management (IOFM), details the hurdles on the other side of the payment. Accounts receivable processes, like their AP counterparts, are similarly plagued by manual, paper processes, making the cash management effort monumental for suppliers.

Accounting 42

Accounting Invoicing Reconciliations Accounts Payable 42

PYMNTS

DECEMBER 5, 2019

But many of these areas of capital outflow suffer the same points of friction, says Erik Ingvoldstad, chief experience officer and co-founder of Norway-based payments technology firm EedenBull. New regulations, new technologies and new players are forever changing the way consumers and businesses thank about payments,” he said.

Accounts Payable 52

Accounts Payable B2B Problem Solving Nonprofit 52

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

APRIL 12, 2016

Making sure the books add up properly is key to keeping their legal nonprofit status, and that means cash management is paramount. The nonprofit industry has a lot to gain from this payment technology, claims a new whitepaper from vendor management consulting firm Vendor Centric.

Nonprofit 40

Nonprofit Accounts Payable Reconciliations Cash Management 40

PYMNTS

NOVEMBER 15, 2019

But shifting priorities among buyers and suppliers have elevated the opportunity for cards to meet changing cash management needs. Traditionally, the cost and administrative burden of card acceptance has kept the tool from gaining traction in accounts payable. Bending the Card Rails.

B2B 53

B2B Accounts Payable Cash Management Reconciliations 53

BlueLight

JULY 16, 2020

My first startup was an equity research firm focused on operational data; we were early adopters of cloud technology and used software to automate systems to pull unstructured data and scrubbing it into a usable structured format. Unfortunately, that journey came to an end because of The Great Recession.

Startups 52

Startups CFO Reconciliations General Ledger 52

PYMNTS

DECEMBER 30, 2016

Richard Gilbert, Director, SME Partnerships & Business Development, North America , Payoneer : “First, advanced technology and new functionalities in B2B payments will turn directory marketplaces into transactional marketplaces.”. Find out what they had to say below.

B2B 50

B2B Reconciliations eCommerce Banking 50

PYMNTS

NOVEMBER 22, 2016

” The Asia-Pacific region has also witnessed a migration away from cash, but it’s not just happening among consumers. “Things like digital invoicing, virtual cards and cloud-based finance and accounting will help the bottom line of smaller businesses by enabling them to process and receive payments quickly,” he stated.

B2B 65

B2B B2C Vendor Management Reconciliations 65

PYMNTS

DECEMBER 2, 2020

Sage has unveiled a new partnership with Satago , a cash management and finance program for small firms and accounting professionals, according to an announcement. In addition, users will be able to access real-time status for transactions and reporting, letting automation happen for the reconciliation process, the release says.

Cash Management 57

Cash Management B2B Foreign Exchange Banking 57

PYMNTS

MARCH 18, 2020

In a recent conversation with PYMNTS, Bectran Business Development & Implementation Manager Dominic Biegel said it is certainly a possibility that the continued impact of the coronavirus pandemic could add pressure on businesses to migrate away from paper invoices, or shift their own customers toward electronic payments.

Reconciliations 80

Reconciliations Invoicing Communication B2B 80

PYMNTS

NOVEMBER 23, 2020

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. All About Cash Flow. As these payment gateways increase support for faster payments, opportunities to combat delayed invoice payment scenarios will grow.

Finance 106

Finance Invoicing Cash Management Reconciliations 106

Future CFO

APRIL 7, 2022

To be fair, there is no lack of new technologies aimed at displacing the beloved spreadsheet. The truth, however, is that modern cloud-based solutions can make the upgrade proposition very attractive cost-wise, and new technologies like AI and ML can dramatically aid usability and productivity,” he continues. “The Albert Leong.

Finance 98

Finance SAP Leadership Cash Management 98

PYMNTS

JUNE 9, 2017

In payments and FinTech, it’s often the startup’s job to disrupt an industry with many legacy businesses, outdated technologies and processes. Interestingly, Dahl said, it’s difficult to assess the issue of invoice fraud, because many companies don’t release that information, or even track it. There are internal threats, too, she said.

Accounting 43

Accounting Technology Accounts Payable Invoicing 43

PYMNTS

OCTOBER 2, 2019

With ongoing shifts in payments, commerce, security and transparency, corporate cash managers have a lot on their plates. The move to instant payments will take time, Kohli said, as FIs and corporates will have to undo and reconfigure previous technology integrations. The Use Case – and B2B. Interoperability is Key.

Cash Management 63

Cash Management Reconciliations Treasury B2C 63

PYMNTS

MARCH 6, 2019

One area where elimination of such processes can be of benefit is treasury management — specifically, reconciliation of transactions and liquidity management. 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

AUGUST 9, 2019

That’s what makes the marrying of front-office finances with back-office finances so valuable for this space, according to Teri Wilson, general manager at restaurant accounts payable technology firm Sourcery. Unfortunately, according to Wilson, paper invoices probably aren’t going away any time soon in this space.

Accounts Payable 43

Accounts Payable Invoicing Reconciliations Finance 43

PYMNTS

AUGUST 6, 2018

Two accounts receivable companies, REPAY Realtime Electronic Payments and InterProse, are integrating their perspective technologies to enhance accounts receivable (AR) services for joint customers. A press release from Friday (Aug. per document.

Accounting 40

Accounting Reconciliations Invoicing Cash Management 40

PYMNTS

AUGUST 5, 2019

B2B payments startup ePayRails has announced new funding to focus on further technological development of its Payment Hub. million in Series A funding led by Aspire Fund Management, which provided $2 million. In a press release Friday (Aug. 2), ePayRails said it secured $2.45 ” .

B2B 40

B2B Startups Securities Accounts Payable 40

PYMNTS

AUGUST 25, 2016

ING Wholesale Banking has announced a new solution aimed at corporate treasurers in need of managing cash across borders. Dubbed Virtual Cash Management (VCM), the solution, announced on Wednesday (Aug. The Virtual Cash Management tool is ING’s effort to guide treasurers into this new role, it said.

Treasury 40

Treasury Concentration Cash Management Reconciliations 40

PYMNTS

OCTOBER 19, 2016

Cash flow forecasting technology was once only for the massive enterprise, with resources aplenty to invest in such tools and the internal expertise to understand the complexity of it all. But cash forecasting is democratizing to smaller companies thanks to incoming technology, said TreasuryXpress CEO Anis Rahal.

Forecasting 77

Forecasting Cash Flow Forecasting Reconciliations Invoicing 77