PYMNTS

JANUARY 29, 2020

To be competitive in the P2P space today, especially at the mid- to high-end of the market, the investment would be millions of dollars and a number of years of development,” he said. “By By the time the solution was commercially available, it may not be competitive or cost effective.”. Unlocking Data to Unlock Value.

Banking 52

Banking Accounts Payable Vendor Management Reconciliations 52

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

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. Its 2017 Perceptions Study found that 80 percent of B2B supplies said their number one issue in accounts receivable is to receive payment faster.

B2B 54

B2B Invoicing Reconciliations Education 54

PYMNTS

JULY 4, 2016

More than 40 percent of companies surveyed said they operate with more than five cash management banks; a third said they are working with more than 20 banks. ” “Treasurers are trying to understand how they can do more to manage fraud,” the executives continued. “What we see in the U.S.

Treasury 41

Treasury Reconciliations Cash Management Banking 41

PYMNTS

JUNE 22, 2016

Accounts receivable processes, like their AP counterparts, are similarly plagued by manual, paper processes, making the cash management effort monumental for suppliers. Nearly half of the companies surveyed by the institution said they still use spreadsheets for AR reconciliation.

Accounting 42

Accounting Invoicing Reconciliations Accounts Payable 42

PYMNTS

DECEMBER 30, 2016

Andy Brown, Marketing Director of Payments, NCR : “One challenge that will gradually be overcome in 2017 with the move to ISO 20022 is the availability of information with the payment transaction that will make reconciliation much easier.

B2B 50

B2B Reconciliations eCommerce Banking 50

PYMNTS

DECEMBER 2, 2020

Sage Teams With Satago To Help SMBs Manage Cash Flow. Sage has unveiled a new partnership with Satago , a cash management and finance program for small firms and accounting professionals, according to an announcement. Germany's Aareal Bank Group Rolls Out B2B Payment Platform.

Cash Management 57

Cash Management B2B Foreign Exchange Banking 57

PYMNTS

JUNE 7, 2016

That local branch would post funds to Cornell’s Cash Management Office, which then had to be reviewed, eventually approved and notice was sent back to the Bursar’s office and finally posted to the student’s account – a process Baker said could take weeks.

Planning 42

Planning Education Reconciliations Banking 42

CFO Leadership

MARCH 31, 2022

They struggle to keep an overview on their cash and risk positions. A professional cash management solution can help to overcome these challenges. In the dark about global cash? In the past few years, the number of global mergers and acquisitions has reached an all-time high. You’re not alone! territories.

Treasury 52

Treasury Cash Management Currencies Reconciliations 52

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? After all, knowing where funds are at any given point of the journey is a critical part of corporate cash management.

Cash Management 63

Cash Management Reconciliations Treasury B2C 63

CFO Simplified

APRIL 8, 2022

Take the three primary cash responsibilities—accounts payable, accounts receivable, and payroll—and cross train others so that they can take over if needed. Provide close oversight of cash operations: New vendors should be approved by management. Checks should only be signed by senior management. Cash Management.

Accounts Payable 52

Accounts Payable Cash Flow Forecasting Reconciliations Forecasting 52

PYMNTS

MARCH 2, 2020

According to Alex Reddish, chief commercial officer at Tribe Payments , that has led to the persistence of friction that has plagued the corporate cash management arena for decades. “In A Game of Scale.

Accounting 56

Accounting Reconciliations Profit and Loss B2B 56

PYMNTS

JUNE 9, 2017

Though that’s critical for a number of reasons – cash management and predictability, accounting and reconciliation, and reducing data-entry errors – combatting fraud may stand to gain the most from more sophisticated accounting data management practices. Cash Flow Management.

Accounting 43

Accounting Technology Accounts Payable Invoicing 43