PYMNTS

NOVEMBER 19, 2020

The partnership supports Payment Canada's need for RTR to enable ISO 20022 messaging standards and remain in compliance with the Bank of Canada 's risk management standards for payment systems, an announcement revealed.

B2B 104

B2B Reconciliations Risk Management Compliance 104

PYMNTS

MAY 22, 2018

There are a ton of off-the-shelf software solutions, and the process is simple and straightforward with one currency, one format, well-understood payment methods and costs,” said Mike Massaro, CEO of Flywire. For most companies, domestic billing is easy. Since June 2017, Flywire ’s U.K.

Reconciliations 52

Reconciliations Invoicing Education Compliance 52

PYMNTS

JANUARY 11, 2017

The Reserve Bank of India (RBI) says it’s time to embrace blockchain and adopt a digital currency for the country, according to a new report. But adopting a digital currency to operate across blockchain could offer even more benefits to India. But, reports said, it’s not that surprising that India would be so supportive of such a move.

Banking 45

Banking Currencies Reconciliations B2B 45

Bramasol

APRIL 15, 2024

In this new post, we get more granular to provide an update on how AI and Gen AI can enhance productivity, insights, and results in finance applications such as order-to-cash to compliance (OTC 2 ), along with a look at how new SAP AI initiatives are key to this transformation. to drive financial models.

SAP 88

SAP Financial Planning and Analysis (FP&A) Compliance Reconciliations 88

PYMNTS

MAY 18, 2017

Many payment providers are set up to aid transactions on a low value, low volume basis, Althaus said, “but as the size of cross-border payments gets into the thousands, tens of thousands and hundreds of thousands of dollars, this opens up a whole other level of complexity from the view of compliance” and the process of moving money.

Invoicing 59

Invoicing B2B Reconciliations Currencies 59

PYMNTS

APRIL 20, 2016

The ir POV was laid out in a paper jointly authored with Accenture , titled “Delivering an Industry Standard Platform through Community Collaboration.” In it, SWIFT found that there are eight critical factors that need to be satisfied before DLT can gain currency (no pun intended) in the financial industry at large. .

Reconciliations 40

Reconciliations Compliance Currencies Technology 40

PYMNTS

MARCH 16, 2017

Althaus explained that, across industries and across company size, businesses essentially experience the same pain points of international accounts receivable: visibility, speed, cost, complexity and compliance. Meanwhile, each particular geographic market has its own set of regulations, geopolitical and compliance demands.

B2B 43

B2B Marketing Compliance Invoicing 43

Spreadym

OCTOBER 20, 2023

A multi-currency account reporting refers to the financial reporting and tracking of transactions in multiple currencies within a single account or financial system. Here's how it works: Multiple Currency Support: In a multi-currency account, you can hold balances in different currencies simultaneously.

Currencies 52

Currencies Accounting Risk Management Compliance 52

The Finance Weekly

APRIL 13, 2024

This includes tracking past financial activities, ensuring compliance and reporting, as well as forecasting future financial scenarios for better budgeting. Every modern enterprise, regardless of size, requires finance software to manage various aspects of its financial health.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Invoicing Budgeting 52

CFO Leadership

MARCH 31, 2022

New currencies, global banking structures, regional regulations, disparate processes, and disconnected systems all add complexities to the treasury operations. Treasury professionals may now have to keep an overview on hundreds of bank accounts with different bank partners, in multiple currencies and in many countries around the world.

Treasury 52

Treasury Cash Management Currencies Reconciliations 52

The Finance Weekly

OCTOBER 13, 2021

Organizations may , eliminate many of the manual processes that stymie a company's ability to accomplish a speedy financial closure by employing AI and machine learning to automate financial close processes including account reconciliation and reporting. Use intelligent process automation to your advantage.

Mergers and Acquisitions (M&A) 52

Mergers and Acquisitions (M&A) Economics Risk Management Reconciliations 52

Planful

JUNE 3, 2021

Eliminate manual tasks, overcome information silos, and ensure compliance while creating these statements, even as the company scales. Manual reconciliation is the most frustrating aspect of creating consolidated financial statements. Keep Up With Compliance as Your Company Scales. Transform the Finance Consolidation Process.

Compliance 40

Compliance Reconciliations Currencies Finance 40

PYMNTS

MAY 3, 2018

It’s simple to explain, but extremely difficult for firms to do — particularly in the case of manufacturing mega-players like Coca-Cola or international veterinary supply firm IDEXX Laboratories, which are looking at funds coming in through dozens of payments methods, in scores of currencies and through a host of different regulatory regimes.

B2B 40

B2B Reconciliations Invoicing Currencies 40

Future CFO

JANUARY 12, 2021

Seamlessly integrating potentially conflicting financial data from multiple sources across geographies, time zones, and currencies onto a single platform saves time and effort and allows you to streamline processes and apply automated analytics.

Foreign Exchange 40

Foreign Exchange CFO Compliance Reconciliations 40

PYMNTS

MARCH 1, 2018

Of course, language and currency can be a struggle. With data coming in from multiple jurisdictions in multiple currencies, another area of corporate ground travel that adds to this information deluge is the fact that travelers aren’t always using the same card for their trips.

Transportation 40

Transportation Foreign Exchange Currencies Reconciliations 40

PYMNTS

JULY 31, 2017

Cash, in the form of currency notes on hand, does not really help anyone,” Krishnan recently told PYMNTS. “It That is where the adjacent benefits such as easy access to loans and automated invoice reconciliation processing on the platform kick in and are attractive”. It is a non-productive depreciating asset.”.

Invoicing 40

Invoicing B2B Accounts Payable Cash Management 40

Planful

AUGUST 1, 2017

You’re expanding internationally, which often brings new complexities, such as currency conversions and intercompany eliminations across multiple divisions and subsidiaries. This includes dealing with the following issues: Currency translation. Intercompany reconciliations. Non-controlling interest and minority ownership.

GAAP 40

GAAP Value-Added Analysis IFRS Auditing 40