PYMNTS

JANUARY 21, 2020

According to Biller Genie CEO Thomas Aronica, that strategy begins with the invoice itself. “There is a very significant delay in the invoice-to-cash cycle,” Aronica told PYMNTS in a recent interview. Automating AR processes like invoice generation can significantly lower those costs by promoting digitization.

Invoicing 64

Invoicing Accounting Profit and Loss B2B 64

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 B2B 70

Trade Credit & Liquidity Management

MAY 29, 2025

Credit decision-making, collections, cash application, deductions, and communications are greatly enhanced by AI-powered AR automation. AI-Driven Communication: Generative AI and natural language processing automate invoice generation, follow-ups, and payment notice management, saving time and enhancing customer interactions.

Cash Flow Forecasting 52

Cash Flow Forecasting Reconciliations Forecasting Prioritization 52

PYMNTS

NOVEMBER 3, 2020

The company has connected its SecurePay payment gateway solution within the accounting platform, allowing for SMBs to generate invoices and receive payment without having to leave QuickBooks. According to Yakov, it can certainly support digitization of B2B payments, with SecurePay able to support both ACH and card transactions. "I

Invoicing 60

Invoicing B2B Accounts Payable eCommerce 60

CFO Plans

OCTOBER 29, 2024

Implementing automated invoicing systems can streamline the collection process, reducing outstanding debts and accelerating cash inflows. Establishing clear credit policies and maintaining open communication channels with clients also contribute to faster payment cycles. Learn How to Enhance Your Cash Flow with these proven strategies.

Accounts Payable 52

Accounts Payable CFO Budgeting Invoicing 52

PYMNTS

AUGUST 8, 2018

From receiving invoices in the preferred format, to paying suppliers in the preferred rail and enabling both sides to reconcile the transaction, a lot of friction, errors and cybercrime plague AP departments today. This technology, though, can manage other key issues with invoice processing, including fraud and duplicates.

Invoicing 48

Invoicing Accounts Payable Communication B2B 48

PYMNTS

JANUARY 13, 2021

When employees cannot be physically in an office to send or receive paper invoices and purchase orders, the ability to electronically transmit data on those documents to the appropriate business partner is key as work-from-home requirements continue.

Invoicing 56

Invoicing Accounts Payable B2B Communication 56

PYMNTS

MARCH 8, 2019

Invoice fraud, where emailed requests trick employees of various firms into sending money to scammers’ bank accounts, has been making the rounds in the United Kingdom. As much as £49 million (just over $64 million USD) were lost to invoice fraud, as measured through the first half of last year.

Invoicing 59

Invoicing Accounting Manufacturing Communication 59

CFO Thought Leader

JANUARY 29, 2025

His strategic mindset also focuses on transparency and scalability, ensuring that financial strategies align with operational goals and are clearly communicated across the organization. Many AP solutions require users to leave their ERP environment, process invoices externally, and then sync the data back via API.

CFO 52

CFO Accounts Payable Invoicing Reconciliations 52

PYMNTS

AUGUST 16, 2019

Paper invoices are among the construction sector’s biggest challenges. According to Danielle Sandoval, group product manager, invoicing and payments at construction management software company Procore Technologies, payment times can reach as high as 120 days in this industry, often linked to the sluggishness of paper invoice processing.

Construction 50

Construction Communication Invoicing B2B 50

Future CFO

DECEMBER 28, 2022

The invoicing process encompasses much more than simply creating and transmitting an invoice. The total process cost per invoice includes the total cost of personnel, outsourcing, systems, overhead, and other allocations to these activities. per invoice. per invoice. Source: APQC. and top performers spent US$2.00.

Invoicing 52

Invoicing Accounts Payable Accounting Sales 52

Future CFO

FEBRUARY 2, 2025

E-invoicing mandate and ESG compliance add further complexity dimensions to the priorities and challenges faced by the Office of the CFO. E-invoicing mandate and ESG Reporting add further complexity dimensions to the priorities and challenges faced by the Office of the CFO.

Accounts Payable 52

Accounts Payable Accounting Invoicing CFO 52

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 Treasury Finance 52

PYMNTS

SEPTEMBER 6, 2019

Designed to consolidate organizations’ spend data, Bill Pay combines credit card spend and invoices in a single view for a more holistic picture of company spend, Divvy said in its announcement. The Divvy platform communicates with vendors about preferred payment method, the firm explained, and remits payments for the client.

Invoicing 46

Invoicing Budgeting Communication Investments 46

PYMNTS

OCTOBER 29, 2019

China’s Tencent will take the lead in helping the global blockchain industry standardize invoices sent on distributed ledger technology (DLT), China’s Global Times reported on Tuesday (Oct. Dubbed “General Framework of DLT-Based Invoices,” the project will also see support from the U.K.,

Invoicing 40

Invoicing Communication Technology Securities 40

PYMNTS

JULY 2, 2019

The solution, developed by SAMA subsidiary Saudi Payments, enables vendors to issue invoices electronically to government and corporate clients, and receive electronic payments to reduce administrative burdens and costs on both sides.

Invoicing 43

Invoicing Reconciliations B2B Economics 43

PYMNTS

DECEMBER 28, 2020

Tally Solutions Managing Director Tejas Goenka said the new service would help as India begins to force companies to adopt electronic invoicing (eInvoicing) in the next few months. In the new service, Tally will communicate with the Invoice Registration Portal (IRP) in order to send invoices in real time.

Invoicing 80

Invoicing B2B Education Communication 80

CFO Talks

OCTOBER 3, 2024

Promote a Culture of Transparency : Encourage open communication between finance staff, internal auditors, and external auditors to reduce the likelihood of fraud going undetected. Unfamiliar Vendors : Be wary of invoices from vendors that don’t appear in your approved vendor list or who are not fully vetted.

Invoicing 98

Invoicing Auditing Benchmarking Reconciliations 98

E78 Partners

NOVEMBER 18, 2024

Potential pitfalls include: Cash Flow Issues: A sudden leadership change can disrupt the normal flow of operations, leading to delays in invoicing and payment processing. As organizations experience blurred decision-making processes, they face sudden financial difficulties, impacting cash flow and stakeholder relationships.

Leadership 52

Leadership Budgeting Profit and Loss CFO 52

Global Finance

MAY 8, 2025

Bain: Its important to have good communication within the team, so everybody knows the objectives and their respective roles in achieving those objectives. GF : What makes for a great finance team? I am fortunate to have a great finance team across all our areas. GF : What is the role of AI in the finance function?

CFO 52

CFO Finance Invoicing Communication 52

Trade Credit & Liquidity Management

JUNE 10, 2025

Lastly, regularly communicate with your sales team to help divert sales efforts from accounts that present the lowest margins and highest risks. Communicate goals to the department at the beginning of the month. Do a courtesy call for current high-dollar invoices. Collectors should never chase only specific invoices.

Invoicing 52

Invoicing Sales Accounting Securities 52

PYMNTS

AUGUST 24, 2018

The email account is the primary means of communication. The invoice that may be the lure, with account details that facilitate the transfer of money … never to be seen again. In these and other warnings — along with some case studies herein — business owners need to make staff aware of the specter of invoice fraud.

Invoicing 40

Invoicing Communication Accounting Banking 40

CFO Talks

MARCH 4, 2025

Process Automation Using tech to handle invoices, payroll, and reports can save money and reduce errors. Clear communication builds trust and confidence, whether its a staff meeting, an investor update, or a customer announcement. Supplier Negotiations Can you get a better deal on materials or services?

Budgeting 52

Budgeting Forecasting Invoicing Sales 52

PYMNTS

FEBRUARY 24, 2020

These firms are finding that managing both systems in the cloud offers the flexibility and security needed to streamline invoicing and cut costs, while keeping operations running as smoothly and accurately as possible.

Accounts Payable 89

Accounts Payable Invoicing Education Reconciliations 89

Future CFO

MARCH 16, 2022

It has an automated approval process so that when I create an invoice, my manager automatically receives a notification that the invoice has been submitted,” Somosundaram said. She added: “Each process is very detailed, and we communicate it not only to the finance team but to the whole Hexa business group in all the regions.

Finance 98

Finance Accounts Payable Invoicing Compliance 98

PYMNTS

FEBRUARY 26, 2020

“Accounts payable and finance departments in the middle market want to invest in growth, in products, in service, in people — they don’t want to invest in suppliers or supplier-related processes,” he said, highlighting the supplier management and communication component of AP that is becoming increasingly important.

Accounting 72

Accounting Accounts Payable Invoicing General Ledger 72

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

CFO Thought Leader

JANUARY 30, 2025

Inside The Mentoring Round , PairSoft CFO Matt Collis shares his leadership philosophy on transparency, communication, and cultural alignment. He believes employees want to add value but need clarity on expectations to stay engaged.

CFO 52

CFO Finance Communication Leadership 52

PYMNTS

AUGUST 24, 2020

The new advanced reporting dashboards will offer "comprehensive Business Intelligence (BI) reporting services" to give better visibility into data for invoices, profitability and resource efficiency.

Transportation 98

Transportation Invoicing Communication Accounting 98

Navigator SAP

FEBRUARY 17, 2022

For example, when a sales order is received, the system can immediately generate a purchase order, determine product availability, perform a credit check, update the distribution schedule, and send out an invoice with the correct cost amounts.

SAP 130

SAP Invoicing Manufacturing Compliance 130

PYMNTS

NOVEMBER 25, 2020

Today, suppliers that receive a transaction may see funds weeks after an invoice is issued. That means any data coming is delayed, too, obscuring visibility into which payment was made for which invoice. “What’s important is the data that flows with the payment.”.

B2B 116

B2B Invoicing Reconciliations Accounting 116

CFO Talks

MARCH 6, 2025

If you’re spending hours every week trying to manage your books, chase invoices, or figure out tax rules, youre not focusing on what mattersgrowing your business. Communication is key. But how do you know its the right move? One clear sign is when financial tasks take up too much of your time.

Numbers 52

Numbers Finance Accounting Invoicing 52

PYMNTS

DECEMBER 10, 2018

The first domino in the set is the purchase order, and unless that PO is correct, everything else, including invoice and payment, can quickly fall into disarray. Any of this means the invoice a vendor sends to a manufacturer will be misaligned to the original purchase order. ” .

Manufacturing 69

Manufacturing Accounts Payable Invoicing Communication 69

PYMNTS

JUNE 28, 2018

Coverage includes Hive Project’s deal with Gosocket for invoice financing. On another note, Hive Project has inked a deal with Chile’s Gosocket for a blockchain solution to invoice financing, NBC Right Now reported. Welcome to The Axis, your late look at payments news from around the world.

Invoicing 46

Invoicing eCommerce Communication CFO 46

PYMNTS

MARCH 26, 2020

Growing awareness of the cash flow pain caused by late B2B payments has led to increased calls to incentivize, and in some cases even mandate that larger corporates accelerate their invoice payment processes when working with small suppliers. In all, more than one-third of businesses surveyed admitted to this slip-up.

B2B 72

B2B Accounting Invoicing Accounts Payable 72

Future CFO

JUNE 19, 2025

Second, in the complex and rapidly changing regulatory environment, such as Brazil or Kazakhstan, where government strictly regulates things like invoicing or chart of accounts, implementing dedicated local ERP system tailored precisely to local compliance requirements will further reduce the burden on the local finance staff."

Finance 52

Finance Compliance IFRS GAAP 52

PYMNTS

DECEMBER 10, 2020

The establishments are able to invoice directly through the traveler's company or travel agency by use of virtual cards. Amadeus, according to the release, sets up the communication between Conferma Pay and Booking.com, letting the two communicate directly and share information.

Reconciliations 69

Reconciliations Invoicing Communication Numbers 69