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Comdata Powers Virtual Card Payments For Construction Sector

PYMNTS

Financial solutions provider Comdata is teaming up with Computer Guidance Corporation to integrate virtual card payment functionality for the construction industry. Computer Guidance Corporation offers cloud ERP solutions for the construction sector. On Thursday (Nov.

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Optal, Open ECX Move To Streamline Construction AP

PYMNTS

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.

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996: Cultivating a CFO’s Toolkit | Aaron Levine, CFO, Prophix

CFO Thought Leader

Throughout his career, Levine has learned that a CFO’s role is about not just financial oversight but also constructing a vision that propels the business forward. His aspirations underscore a crucial CFO skill: the ability not only to foresee financial outcomes but also to articulate them in a way that drives the entire company’s strategy.

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Moving The Business Payments Focus From Price To Process

PYMNTS

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.

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How FinTechs View Integrated Receivables In 2020

PYMNTS

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.

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Deep Dive: Making Field-Based Employees More Efficient

PYMNTS

Fortunately, today’s field-based workers have access to a range of solutions that enable them to focus more on their work and less on financial tasks involving paperwork and reconciliation. Field-Based Worker Expenses. Field-based work is projected to experience significant growth in the coming years.

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Does Airbnb’s Pre-Brexit Move Signal Change For Travel Payments?

PYMNTS

As Butterfield told it, the goals going forward into 2020 for cross-border payments include constructing a robust and clear and accurate cross-border payments system. Reconciliation, billing and collection practices must work in a seamless fashion,” he said.