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

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Manual AP invoicing has been outdated and inefficient for years now, so when business across the globe encountered significant disruptions, companies with digital transformation still on their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. Villanueva attributed this to the convenience, transparency, and security of the process. The common question that comes to mind for the regular consumers: ‘How secure is my money or my funds inside this app?’”

Banking 98

Banking Finance CFO Leverage 98

PYMNTS

DECEMBER 31, 2020

JPMorgan: Real-Time Treasury A Key Driver Of Corporate’s Loyalty. 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.

Healthcare 115

Healthcare B2B Foreign Exchange Treasury 115

Future CFO

FEBRUARY 10, 2021

said Michelle Quek , vice president, Business Operations and Finance at Ensign Info Security. We replaced our entire treasury system in five months remotely,” he described. Technology also helped International SOS implement an AI-enabled OCR solution during the pandemic and enabled digital invoicing from hospitals and clinics.

CFO 52

CFO Finance Auditing Treasury 52

PYMNTS

JUNE 13, 2016

TD Bank Head of Corporate Products and Services Rick Burke said corporate treasurers need to begin a dialogue with their banks and financial services partners to integrate adequate security controls within their corporations. 88% of finance professionals anticipate a rise in payments fraud , said TD Bank in its latest analysis.

Accounts Payable 41

Accounts Payable Corporate Finance Treasury Invoicing 41

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

OCTOBER 2, 2019

With ongoing shifts in payments, commerce, security and transparency, corporate cash managers have a lot on their plates. The question for any number of treasury professionals is what lies ahead? Financial institutions and treasury operations would do well to get ready for it all, sooner rather than later.

Cash Management 63

Cash Management Reconciliations Treasury B2C 63

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

FEBRUARY 6, 2020

The benefits of APIs for instant payments [are] huge,” said Charlotte Hausemer, vice president of innovation and product management for trade and treasury solutions at BNP Paribas. Faster payments allow firms to unlock improved invoicing terms and just-in-time stock management in addition to receiving their funds quickly.

B2B 64

B2B Treasury Banking eCommerce 64

Future CFO

APRIL 6, 2022

While 61% of finance departments are not taking full advantage of new technologies, this trend is expected to change in the coming years, as 79% of respondents say Artificial Intelligence and automation will be a strategic priority to generate cash faster and more efficiently. Reluctance to let go of spreadsheet.

Invoicing 98

Invoicing Finance CFO Accounting 98

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

MARCH 5, 2018

Technology is moving to enhance payments security, but there is now a smaller window of time for fraud and other risks to be identified before a transaction settles. In Europe, cards exist, but I would say over 90 percent of invoices are paid by bank transfer,” he said. It makes liquidity and cash management much easier,” he explained.

B2B 42

B2B Cash Management Treasury Risk Management 42

Future CFO

JANUARY 30, 2021

However, as many will quickly learn, large enterprises often practice payment terms that can leave businesses hanging on to invoices they can’t really use to pay salaries or suppliers. Click here for a history of invoicing finance, including factoring and trade finance. Why a CFO should care about invoice factoring. What to do?

Invoicing 52

Invoicing CFO Finance Treasury 52

PYMNTS

MAY 23, 2016

100% cash visibility is unattainable for corporate treasurers , found a new report by Kyriba. The treasury management firm’s annual survey found not a single financial professional surveyed believed they had complete visibility into corporate cash positions.

B2B 40

B2B Invoicing Prioritization Credit Risk 40