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. Manufacturing ERP is designed to optimize efficiency in quality and compliance.

SAP 130

SAP Invoicing Manufacturing Compliance 130

Future CFO

MARCH 14, 2024

With the recent changes in Malaysia’s accounting procedures and regulations, such as service tax and e-invoicing, Yong believes that accountants should stay updated with the latest changes and be prepared to implement these in their company to ensure a seamless run.

Accounting 98

Accounting Finance Financial Analysis Compliance 98

E78 Partners

SEPTEMBER 21, 2023

Implement Robust Documentation Procedures Maintaining organized records is paramount for any organization, necessitating a systematic approach to filing and ensuring easy access to crucial documents like financial statements, general ledgers, bank statements, and invoices.

Auditing 52

Auditing General Ledger Reconciliations Accounting Standards 52

The Charity CFO

MARCH 27, 2024

Specifically, nonprofit leaders should consider these factors when looking for software: Requirements for fund accounting Staying in compliance with reporting and filing Fund Accounting Requirements Fund accounting is an accounting system used by nonprofits that focuses on transparency and accountability rather than profits.

Nonprofit 40

Nonprofit Accounts Payable Compliance Invoicing 40

PYMNTS

MARCH 27, 2019

But lengthy payment terms and missed invoice payments are not the only risk that B2B suppliers face, as recently showcased in the U.K. At the core,” she continued, “there was inadequate governance to oversee and manage Code compliance.”. Further, Co-op has introduced employee training to promote compliance. “We

Compliance 56

Compliance Invoicing Construction Auditing 56

CFO Simplified

DECEMBER 12, 2021

In publicly traded companies, the CFO is also responsible for the company’s compliance with Securities and Exchange Commission (SEC) rules and regulations. Leaders in finance are most successful when they have skills in communication, quantitative analysis, financial planning, and team building. Invoicing and collections.

Accounting 52

Accounting Finance Cash Flow Forecasting Quantitative Analysis 52

Future CFO

MARCH 29, 2021

Automation will give finance leaders deep insight into all their financial transactions which they currently cannot achieve especially where paper-based or email-based invoices as those invoices usually sit in email inboxes or on someone's desks. Recurring pain points in accounts payables. Benefits of automating accounts payables.

Accounts Payable 52

Accounts Payable Accounting SAP Invoicing 52

Bramasol

JULY 29, 2022

In past blog posts, this series on the Digital Solutions Economy (DSE) has discussed Entitlement Management , Integrating FP&A with DSE , Implementing Anything-as-a-Service (XaaS) , DSE and RevRec Compliance , DSE Data Volume, Velocity, Density and Complexity , Embedded Analytics for DSE , and much more.

Compliance 70

Compliance Leadership Accounting Invoicing 70

Bramasol

MARCH 4, 2022

Variations on the XaaS theme include Software as a Service (SaaS), Platform as a Service (PaaS), Infrastructure as a Service (IaaS), Storage as a Service (StaaS), Database as a Service (DBaaS), Disaster Recovery as a Service (DRaaS), Communications as a Service (CaaS), and Network as a Service (NaaS).

SAP 92

SAP B2C Manufacturing Treasury 92

CFO Talks

MARCH 20, 2024

Communicate: Keep talking to your team, especially the Controller, to ensure you’re all aiming for the same goals. Accounting Responsibilities: Both the CFO and Controller collaborate on overseeing the annual audit, ensuring thoroughness and compliance. Leave the daily grind to the Controller and trust your team.

CFO 52

CFO Accounts Payable Financial Analysis Auditing 52

PYMNTS

SEPTEMBER 20, 2018

Requirements around the recording of digital data — for instance, newer rules on Hours of Service records and electronic recording of drivers’ hours worked — have industry players adopting tools to maintain compliance. On-time invoice payments are “always a challenge,” Cook said.

Accounting 63

Accounting Invoicing Accounts Payable Transportation 63

PYMNTS

NOVEMBER 12, 2019

Stampli Eyes Invoices as Supplier Collaboration Tools. Stampli enables business users to process and pay their invoices on its platform with a focus on automated invoice approval. Stampli enables business users to process and pay their invoices on its platform with a focus on automated invoice approval.

Accounts Payable 49

Accounts Payable Invoicing B2B Valuation 49

PYMNTS

DECEMBER 11, 2019

Many legal cannabis businesses continue to rely on cash, paper and offline methods of communication to conduct operations without access to traditional financial services. Orders are placed and shipped, and a paper invoice is generated, with retailers using legacy payment strategies to settle those bills. “Sometimes they forget.

B2B 52

B2B Invoicing Accounts Payable Compliance 52

PYMNTS

OCTOBER 28, 2020

All of those interactions include agreements between these small companies — with paper invoices flowing between them. Those paper communications, Sharma said, span invoices, proof of delivery documents and approval forms. Business transactions are happening in real time, and things are interconnected,” he said.

B2B 97

B2B Entertainment Transportation Invoicing 97

PYMNTS

JANUARY 18, 2019

” EDI is a mechanism that allows companies to exchange data electronically, to replace manual communication channels like fax or paper correspondence. However, it isn’t just the use case of buyer-supplier collaboration and communication in which electronic data is now a must. The technology first emerged in the 1970s.

B2B 78

B2B eCommerce B2C Communication 78

The Charity CFO

NOVEMBER 10, 2022

data entry, invoicing, and report generation). Improves compliance. Transparent and communicative nonprofit accounting services. Transparency and timely communication are critical in the nonprofit sector. How often do they communicate with clients? Saves time and money. Saving time often saves money, too.

Nonprofit 52

Nonprofit Accounting Auditing GAAP 52

PYMNTS

MARCH 27, 2019

“By streamlining supplier onboarding, tax compliance, invoice processing, global payments and payment reconciliation, Tipalti helps modern finance organizations strategically scale more rapidly and efficiently.” The enhanced integration aims to strengthen control and communication for both ends of the transaction.

B2B 46

B2B Accounts Payable Reconciliations Cash Management 46

PYMNTS

FEBRUARY 7, 2018

One of the most dramatic ways is in the area of compliance and liability: If a machine makes the wrong call, who’s to blame? But in some instances, the benefits of AI may outweigh the risks, especially in areas like accounts receivable, and especially when the technology can address the long-lasting frustration of late invoice payments.

Invoicing 43

Invoicing Corporate Finance Communication Accounts Payable 43

PYMNTS

APRIL 30, 2020

These platforms enable merchants to integrate with a variety of localized payment methods and also receive services that support payments analysis, regulatory compliance and more. Mokros explained that Germans tend to prefer paying for online offerings via paper invoices , which are dropped off along with customers’ packages.

eCommerce 52

eCommerce Invoicing Compliance Communication 52

PYMNTS

DECEMBER 11, 2020

The company supports the full purchasing cycle with invoice integration and compliance auditing capabilities. India-based B2B eCommerce company SOLV secured an investment from SC Ventures , the companies announced this week, although they did not reveal the value of the funding.

B2B 77

B2B eCommerce Banking Healthcare 77

CFO Talks

MARCH 28, 2023

Also, I have noticed the way accountants used to communicate with business, in the past we’ll sit in our office, email the client and they may not know how to interpret those things. Communications skills there are very important, especially the verbal part, because accountants, just like doctors and engineers, they use certain jargon.

Math 52

Math CFO Communication Accounting 52

Bramasol

JUNE 30, 2023

For example, RPA processes handling repetitive and rule-based tasks, such as data entry, document processing, and invoice reconciliation can be guided by new, higher level AI insights and learning capabilities. Customer Experience and Personalization: AI enables businesses to deliver personalized experiences to their B2B customers.

SAP 75

SAP B2B Leverage Analyzing Data 75

PYMNTS

MARCH 24, 2017

The company said this week that it is developing an eProcurement bot, deploying artificial intelligence, to enable streamlined accurate and compliance procurement processes. The solution, SAP Ariba said, can be used for both buyers and suppliers struggling to streamline the procure-to-pay process.

SAP 54

SAP B2B Invoicing Compliance 54

PYMNTS

MARCH 16, 2018

Add to the equation the growing burdens of regulatory compliance stretching across anti-money laundering and know your customer efforts … and record-keeping can become daunting even with the best of efforts. To that end, bBiller seeks to take out the “middlemen” of supply chain activity tied to finance and accounting.

Invoicing 49

Invoicing SAP Manufacturing Construction 49

Onplan

DECEMBER 16, 2021

With that in mind, here are some of the most important functions of an accounting team a CFO needs to keep an eye on: Creating financial statements Financial reporting Payroll Customer Invoicing Vendor/employee payments Entity taxes Compliance. Knowing how to use technology as an advantage for any SaaS finance leader.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance CFO Forecasting 52

Onplan

DECEMBER 16, 2021

With that in mind, here are some of the most important functions of an accounting team a CFO needs to keep an eye on: Creating financial statements Financial reporting Payroll Customer Invoicing Vendor/employee payments Entity taxes Compliance. Knowing how to use technology as an advantage for any SaaS finance leader.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance CFO Forecasting 52

Future CFO

MAY 19, 2020

For instance, invoice processing can be a very labour-intensive workflow. You need to prepare an invoice and send it to a customer. With the use of automation capabilities in handling invoices, administrative processes become seamless and smoother, especially for closing and servicing processes.

Finance 52

Finance Invoicing Auditing Technology 52

Future CFO

DECEMBER 11, 2023

Suppliers can embed real-time payment instructions in customer communications to simplify invoice processing. In terms of intracompany transfers, real-time payment will enable companies to deploy working capital more efficiently across subsidiaries. On the other hand, Austria sees these challenges as underlying opportunities.

Banking 98

Banking Finance CFO Leverage 98

PYMNTS

MARCH 8, 2018

One firm, FoodLogiQ , a software as a service (SaaS) provider, seeks to boost transparency in the food supply chain, offering technology that improves traceability from end to end, with focus on compliance. Compliance, of course, remains top of mind and urgent in practice. To maintain consistency, communication is key.

Compliance 40

Compliance Communication Transportation Technology 40

PYMNTS

MARCH 17, 2017

The TOM Innovation Exchange is a project using blockchain technology to specifically make the insurance claims process more streamlined, through automating claim creation, supporting documents and invoice creation, alongside approval or rejection of invoices. Most of these relate to identity plus compliance (i.e.

Invoicing 50

Invoicing Compliance Currencies Technology 50

The CFO College

FEBRUARY 19, 2021

Elevated reporting goes beyond basic balance sheets and income statements, which makes it easier to identify and mitigate risks, as well as communicate vital data to board members, investors, and lenders. How do you prepare your current invoices? Any non-accounting compliance work needed? Do you have payroll?

Communication 52

Communication CFO GAAP Accounting 52

Strategic Treasurer

MARCH 6, 2023

” Communication matters, and understanding how different groups use terms is vital for effective communication. In the Language of Finance sub-series, we will look into different terms that should be understood in order to communicate effectively with the rest of your treasury team and with others.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Treasury GAAP 52

PYMNTS

OCTOBER 23, 2018

The keys to such billing communication? Another challenge is ensuring HIPAA compliance to protect the privacy of patients and avoid legal and reputational troubles. Payments Boost. Sending bills and reminders of payments via emails and texts can result in a 40 percent boost in payments, Tselevich said.

Healthcare 69

Healthcare Compliance Communication Securities 69

PYMNTS

MAY 17, 2017

While they may be instrumental in helping companies manage cash when their employees travel for work, commercial cards aren’t the top payment rail of choice for suppliers, so companies often pay invoices another way. “This may suggest compliance issues.” They are also in flux thanks to regulation.

Banking 43

Banking B2B Benchmarking Compliance 43

PYMNTS

AUGUST 21, 2018

For suppliers, the focus turns to agreements that their corporate customers will pay invoices on time. Both sides must consider Anti-Money Laundering (AML) compliance and other regulatory risks in their business relationships, too. Koble is taking a consumer-like approach to these points of friction.

B2B 40

B2B Invoicing Compliance Communication 40

PYMNTS

SEPTEMBER 4, 2018

Chamber of Commerce found that 79 percent of SMBs surveyed said they’re using digital tools to communicate with customers and suppliers, with similar penetration rates found in SMBs’ efforts in sales, customer information and advertising. The impact and ROI of electronic invoicing can be more immediate, too.

Invoicing 70

Invoicing Analyzing Data Technology Advertising 70

Global Finance

JUNE 6, 2024

The project’s deployment required the collaborative efforts of several bank departments, including business, legal, compliance, engineering, security and IT, as well as outside technology vendors Metaco and Avaloq. Innovation: Blockchain-Based Digital Bond Project Company: China Central Depository & Clearing Co.

Construction 64

Construction Compliance Cash Management Treasury 64