PYMNTS

JANUARY 19, 2017

Corporate payments company Optal struck a new partnership to streamline B2B payments in the construction sector. 18) said Optal is collaborating with Open ECX , a digital transaction platform for the construction industry, via its WebContractor tool. General Manager Andy Downes said construction is a critical component of the U.K.

Construction 43

Construction B2B Reconciliations Invoicing 43

PYMNTS

OCTOBER 5, 2020

Comdata, she said, has mimicked the flow from claims to invoice to payment to reconciliation. The rules you're going to do for a healthcare company from a fraud and security perspective are very different from construction,” she remarked. That’s especially when B2B payments cross borders and currencies, she said.

Healthcare 130

Healthcare B2B Reconciliations Accounts Payable 130

PYMNTS

JANUARY 6, 2020

At the same time, a shift to electronic payments causes more reconciliation challenges, so companies are spending more time reconciling and processing them than they do even for paper payments. If they don’t use automation, companies dedicate more people to the reconciliation challenge — but automation can significantly help.

Reconciliations 52

Reconciliations Invoicing Construction Manufacturing 52

PYMNTS

DECEMBER 11, 2019

Kohli pointed to the added benefits of incoming cash-flow predictions, enhanced invoicing and reconciliation capabilities, and stronger engagement with a vendor’s client community. “My belief has been that a cross-border payment is actually a synthetic construct,” he said. and Turkey. ”

B2B 53

B2B Accounts Payable Invoicing Currencies 53

CFO Share

SEPTEMBER 27, 2022

Account reconciliations. Customer invoicing – in-house. Customer invoicing is generally best performed by in-house staff familiar with contract terms, sales processes, and client relationships. For example, a construction company with multiple projects needs a bookkeeper in-house to allocate costs properly.

Accounting 40

Accounting Accounts Payable Invoicing Manufacturing 40

PYMNTS

OCTOBER 17, 2017

Together, the companies will enable streamlined payment reconciliation, facilitated by automated virtual card (v-card) payments in a solution built for financial institutions and their corporate clients. In an announcement on Tuesday (Oct.

Reconciliations 47

Reconciliations Accounts Payable B2B Cash Management 47

PYMNTS

NOVEMBER 5, 2019

Freelancers of all stripes — from media workers to construction workers — have trade credit issues. The physical nature of paper-based invoices cause challenges for recipients looking to quickly, effectively and affordably process them. AnchorOps provides electronic payments and reconciliation solution for advertising agencies.

Advertising 40

Advertising Invoicing Reconciliations Construction 40