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Making Cash Flow Management A Priority For Young Firms

PYMNTS

From FinTech solutions to legislation, new efforts to combat delayed invoice payments continue to emerge – and yet the problem continues to worsen. In addition to suppliers implementing enhanced collections practices, Dare said businesses can also take control of their own late payments hurdles by embracing tools like invoice finance.

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How 'Internet Of Systems' Can Drive SMB Finance Transparency

PYMNTS

As Berghald explained, that’s because each critical function — from invoicing to payment to accounting — all occur separately from each other. The communication between all these systems becomes a major issue since the integrations [and] connections between them often are malfunctioning,” he said.

Finance 82
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Today In B2B: SBA Releases New PPP Loan Guidance; xSuite Secures Peppol Certification

PYMNTS

Today in B2B payments, the SBA releases guidance for the next round of PPP loans, while xSuite secures Peppol invoice certification. Singapore Grants eDoc Firm xSuite Peppol Certification for Invoices. Plus, TripActions announces ERP integrations, FortisPay acquires Swype and Goldiam launches a B2B eCommerce platform in the U.S.

B2B 55
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How Coats China's finance function responded to Covid-19

Future CFO

As the outbreak coincided with the Chinese New Year holidays and colleagues were on leave in their respective home provinces, timely and relevant communication was a challenge. The finance function in China focused on the following key areas when dealing with situation: Timely closing of books Supporting operations Communication.

Finance 40
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Swiss Logistics Firm K+N Rolls Out Supply Chain Software

PYMNTS

The solution aims to connect supply chain partners, including buyers, sellers, global shippers and logistics companies, facilitating communication between these players to enhance efficiency. K+N board member Otto Schacht said the company wants to “eliminate communication frictions no matter how many systems or players are involved.”

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Top 8 AI Uses in Finance Embraced by FP&A Leaders

The Finance Weekly

FP&A leaders can use these insights to track performance, identify trends, and communicate financial results to stakeholders more effectively. Automate Cash Collection Machine learning models are used to predict when customers will pay their invoices.

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The best cash flow management software for business

Spreadym

Categorize and prioritize your expenses to identify essential versus discretionary spending. Manage Accounts Receivable: Monitor your accounts receivable closely, ensuring that customers pay their invoices on time. These features help streamline the invoicing process and improve cash flow by expediting payments from clients.