PYMNTS

SEPTEMBER 29, 2017

When it comes to corporate treasury, business clients demand robust solutions and services from their banks, and FinTech players are stepping in to help. But the banks themselves also have complex demands for their own treasury departments, which, like other corporations, must be able to manage finances, risk and compliance.

Treasury 56

Treasury Banking Compliance Risk Management 56

Strategic Treasurer

APRIL 3, 2023

Survey Results Treasury Fraud & Controls Thank you to all of those who participated in our 2023 Treasury Fraud & Controls survey. Download the Report Depth of Coverage This annual survey seeks to evaluate the current and projected impact of fraud on the finance and treasury environment.

Treasury 52

Treasury Reconciliations Risk Management Education 52

Future CFO

MARCH 10, 2025

Organisations that effectively harness these innovations expect to see marked efficiency improvements, facilitate more rapid adherence to evolving compliance regulations , and remain competitive in a fast-evolving market. This shift allows CFOs to focus on higher-value activities contributing to strategic decision-making.

Finance 52

Finance Invoicing Compliance Leverage 52

Global Finance

JULY 2, 2024

XML is becoming the new global language for payments and statements, ensuring compliance and unlocking numerous benefits and future services. XML also integrates easily with solutions like cash forecasting, cash pooling, automated reconciliation and refined parameters “on behalf of payments,” bringing Virtual IBAN capabilities to life.

Reconciliations 64

Reconciliations Treasury Compliance Forecasting 64

PYMNTS

FEBRUARY 28, 2020

Organizations that absorb and process supplier invoices within the Centsoft platform can see that data be automatically added into QuickBooks Online to support the payment and reconciliation process. ” There is also the growing risk of tax compliance, as markets like Europe and Latin America move to capture greater tax revenues.

Accounts Payable 83

Accounts Payable Banking Invoicing B2B 83

Future CFO

APRIL 7, 2022

As a SaaS-based platform, SAP Concur connects expense, travel and vendor invoice spending in one system providing a single way to manage spending from end to end for greater visibility into transactions, improve compliance, and simplify the process for everyone – finance and employees. Lee Chee Leong. banking fees).

Finance 98

Finance SAP Cash Management Invoicing 98

PYMNTS

MARCH 17, 2020

Morgan’s Head of Wholesale Payments Solutions Lia Cao, corporate treasury solutions must be digital, flexible and holistic. If I’m real-time on the front end, how do I think about back-end reconciliation? According to J.P. For traditional banks, FinTech collaboration and acquisitions provide the speed-to-market that is so vital today.

Treasury 69

Treasury Banking Reconciliations Compliance 69

PYMNTS

OCTOBER 8, 2018

The tool would target businesses’ inter-company transactions for streamlined payments, bookkeeping and reconciliation. Last year, the New York State Department of Financial Services (DFS) fined Pakistani bank Habib Bank nearly $630 million for non-compliance of state and federal U.S. Banking Tech reports on Monday (Oct.

B2B 51

B2B Reconciliations Compliance Treasury 51

Bramasol

MAY 6, 2022

As with real world debt, Digital Debt must be serviced with high on-going costs; primarily in the form of low productivity, time-consuming data reconciliation, lack of end-to-end visibility and continuous maintenance updates. Adopting standalone solutions to meet compliance requirements deadlines. Sources of Digital Debt.

SAP 74

SAP Finance Reconciliations Leverage 74

PYMNTS

MAY 13, 2020

Speaking with Karen Webster, Citi Commercial Bank Senior Vice President and Treasury Sales Officer Thor Perplies described the experience of working with Flywire to facilitate the movement of funds from the U.S. to China within only a few hours in order to secure a PPE shipment for healthcare providers.

Healthcare 81

Healthcare B2B Foreign Exchange Nonprofit 81

CFO Leadership

MARCH 31, 2022

Global operations make it more challenging for small treasury teams in mid-market companies to handle day-to-day operations efficiently and securely. New currencies, global banking structures, regional regulations, disparate processes, and disconnected systems all add complexities to the treasury operations. And they need technology.

Treasury 52

Treasury Cash Management Currencies Reconciliations 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 82

SAP B2B Leverage Analyzing Data 82

PYMNTS

MARCH 30, 2017

“The tension that the CFO is experiencing between priorities inside and outside of the finance function increases the need to streamline processes through technology, which, in turn, promotes more integration between finance, risk, treasury and operations.”. There are other ways CFOs are being pulled in two directions, too.

CFO 51

CFO Strategic Planning Corporate Finance Risk Management 51

PYMNTS

AUGUST 5, 2016

” From treasury management to sales teams, access to data from the accounting unit might offer guidance that was previously unattainable. But Tucker pointed out that, even outside the enterprise , a company’s automated accounting tool will make its mark on other entities. Take auditing for instance.

Accounting 42

Accounting Reconciliations General Ledger Auditing 42

The Finance Weekly

JANUARY 22, 2024

Certified Treasury Professional (CTP) This certification highlights expertise in treasury management, showcasing proficiency in cash processing, reconciliation, and financial statement analysis. It builds a strong foundation by integrating theory, industry practices, and professional standards.

CFO 52

CFO Education Communication Risk Management 52

PYMNTS

APRIL 1, 2016

And yet, oddly enough, only 1 percent of banks have implemented such a beneficial, streamlined processes – but then again, that represents a potential greenfield opportunity for FinTech firms – and, added FTNI, according to industry data, 81 percent of receivables and treasury executives employed at U.S.

Reconciliations 40

Reconciliations Compliance Construction Banking 40

Future CFO

AUGUST 19, 2021

Intelligent automation is least used in risk management (24%), tax (20%), and treasury (14%). Those looking to adopt intelligent automation for the first time can begin by automating the accounting cycle (accounts payable and receivable, journal entry, account reconciliations, and financial close), the organisation advised. Efficiency.

Accounts Payable 40

Accounts Payable Treasury Risk Management Reconciliations 40

Global Finance

JULY 24, 2024

RMB’s Custody Online interface complements the BaNCS system and lets users manage trade settlements, respond to corporate action events, and access holdings and transaction records in compliance with ISO15022 Swift standards. CIBC Mellon continues to refine its business model by leveraging the most advanced technology.

Banking 52

Banking Foreign Exchange Risk Management Leverage 52

Global Finance

JULY 24, 2024

RMB’s Custody Online interface complements the BaNCS system and lets users manage trade settlements, respond to corporate action events, and access holdings and transaction records in compliance with ISO15022 Swift standards. CIBC Mellon continues to refine its business model by leveraging the most advanced technology.

Banking 52

Banking Foreign Exchange Risk Management Leverage 52

PYMNTS

MARCH 14, 2017

Push payment processing requires acquiring bank sponsorship, compliance screens like velocity controls and liability caps, recipient authentication, reconciliation, and settlement. Regulatory Compliant Processing — Push payment technology providers have to provide more than just API access to payment network rails.

Accounting 40

Accounting Reconciliations Treasury Banking 40

CFO News Room

NOVEMBER 30, 2022

And yet, despite the prominent role of taxes in financial planning, advisors are often prohibited by their compliance departments from making recommendations for a specific course of action on a certain tax strategy.

Tax Planning 130

Tax Planning Compliance Planning Communication 130

PYMNTS

APRIL 17, 2018

It caught the Treasury Department, which oversees financial services regulation for the cannabis sector via its FinCEN (Financial Crimes Enforcement Network) branch, off-guard. They need to run compliance. There is a whole lot of compliance that goes into being able to bank one of these customers. It’s very labor-intensive.”.

Accounts Payable 40

Accounts Payable Banking Compliance Reconciliations 40