CFO News

MAY 4, 2025

This enables exporters and importers to invoice and pay in their respective domestic currencies enabling the development of a bilateral foreign exchange market.

Foreign Exchange 40

Foreign Exchange Invoicing Currencies Banking 40

Global Finance

MAY 1, 2025

The bank created a collaborative payable finance ecosystem on its business-to-business platform, where the seller could raise an invoice and pass it to the buyer for approval. Nomos launch of its Instant Access Saver, available in three currencies, has stimulated strong demand.

Finance 83

Finance Banking Retail Investments 83

PYMNTS

DECEMBER 2, 2020

Visa will provide a credit card that allows companies to make and get payments with the digital currency via the card once Circle graduates from Visa’s Fast Track initiative. As it stands, the payment firm has onboarded 25 digital currency wallet companies with its Fast Track program such as Cred and Fold. “We

Currencies 81

Currencies Invoicing B2B 81

PYMNTS

AUGUST 1, 2019

PayPal is introducing an electronic invoicing application programming interface (API) for online sellers in an effort to promote PayPal’s presence on eCommerce and other digital platforms. Invoices can be sent in 25 currencies in more than 200 markets around the globe, with PayPal managing foreign currency conversion.

Invoicing 63

Invoicing eCommerce Currencies Accounting 63

PYMNTS

SEPTEMBER 17, 2020

Cloud-based clearing bank ClearBank has begun offering multi-currency bank accounts using an API, according to a press release. Beginning in the fourth quarter this year, the bank will allow users to access over 30 multi-currency accounts. ClearBank will remain in charge of the clients' funds.

Currencies 64

Currencies Accounting Banking Foreign Exchange 64

PYMNTS

JUNE 25, 2020

But as David Landsberg , co-founder and CEO of Peasy , recently told PYMNTS , these programs aren’t always effective, and can sometimes create a scenario in which a supplier accepts a steep discount on an invoice without ever actually being paid. Peasy recently launched in the U.K. Esker Adds Credit Tech To AR Platform.

Invoicing 112

Invoicing Accounts Payable B2B Currencies 112

PYMNTS

OCTOBER 22, 2020

Old-school business-to-business (B2B) transaction methods like sending and waiting on checks and physical invoices are more difficult to stick with now that many offices are closed and financial teams are working from home. Businesses have gone back to the drawing board to rethink their payments approaches during the COVID-19 pandemic.

Invoicing 63

Invoicing B2B Foreign Exchange Accounts Payable 63

PYMNTS

MAY 1, 2020

In many ways, the rise of crypto and digital currencies like Bitcoin aims to address some of these issues, empowering payers and payees with a way of bypassing the “middleman” of the inter-banking system for faster transaction speeds. .” Choice, he said, is key to guiding corporates toward a digital currency ecosystem.

Currencies 68

Currencies Accounting B2B Reconciliations 68

PYMNTS

MARCH 18, 2020

Cloud-based company Gravity Software has launched a new program to ensure businesses have the right tools to deal with multi-currency needs, according to a press release. of the Gravity application has added multi-currency management, enhanced multi-entity reporting and other features. The release of Version 5.1

Currencies 56

Currencies Accounting B2B Invoicing 56

PYMNTS

MAY 20, 2019

TransferMate Global Payments, the cross-border B2B payments provider, announced Monday (May 20) it inked a deal with Wells Fargo to deliver its Global Invoice Connect platform for U.S. In a press release , TransferMate said its Global Invoice Connect Platform enables U.S. dollars or in the customer’s local currency.

Invoicing 53

Invoicing Foreign Exchange Reconciliations Currencies 53

PYMNTS

DECEMBER 3, 2020

Today in B2B payments, Visa embraces the USDC digital currency for corporate payments. Visa Teams With Circle on USDC Digital Currency Corporate Card. Visa will provide a credit card that allows companies to make and receive payments with the digital currency once Circle graduates from Visa’s Fast Track initiative.

Currencies 60

Currencies B2B Accounts Payable Invoicing 60

PYMNTS

JULY 6, 2018

In an effort to expedite payments for small businesses, MakerDAO is working with Tradeshift to tokenize unpaid invoices through an experimental program. With the effort, a small business could have the opportunity to change an invoice into the Dai stablecoin.

Invoicing 53

Invoicing Currencies B2B Finance 53

PYMNTS

OCTOBER 2, 2019

Tradeshift made further inroads into blockchain technology via a new collaboration with Monerium, which saw a B2B invoice settled using the Tradeshift platform and eMoney on the Etherium blockchain, according to a press release. 1) that the transaction was the first time an invoice had been settled using licensed digital cash.

Invoicing 46

Invoicing B2B Currencies eCommerce 46

PYMNTS

DECEMBER 15, 2017

Complex on so many levels, especially when it comes to payments and, more specifically, invoicing, where demands for payment are tracked through paper and electronic means. Flywire’s background in the healthcare and education space, along with its existing invoicing system, helped assist these businesses in new ways.

Invoicing 48

Invoicing Reconciliations Currencies Education 48

PYMNTS

JANUARY 13, 2020

It was a difficult week for businesses getting hit with cyberattacks, with foreign currency company Travelex among the most high-profile of recent cases. PYMNTS’ examination of recent cases finds employees falsifying invoices, doctoring checks and faking out companies to steal money from employers.

B2B 89

B2B Invoicing Currencies Construction 89

PYMNTS

JULY 17, 2017

is adding support for companies that have foreign invoices, reports said Friday (July 14). The invoice financing company said it is adding euro and U.S. dollar capabilities to its solution, allowing businesses with invoices in these currencies to get financed. MarketInvoice, based in the U.K., MarketInvoice raised $9.5

Invoicing 41

Invoicing Finance Currencies Numbers 41

CFO News

MARCH 7, 2024

The Reserve Bank of India and the Bank of Indonesia signed a MoU to promote the use of local currencies for cross-border transactions, enabling exporters and importers to invoice and pay in their respective domestic currencies, optimizing costs and settlement time for transactions.

Currencies 52

Currencies Banking Invoicing Economics 52

PYMNTS

OCTOBER 23, 2020

We have deep dives on Apple Pay, cross-border invoices and J.P. PayPal is jumping into the world of digital currency , allowing those who have wallets to purchase, sell, and keep tokens such as ethereum, bitcoin, litecoin and bitcoin cash in their PayPal accounts. Report: Overcoming Cross-Border Invoice Complexities.

Invoicing 59

Invoicing Healthcare Currencies Forecasting 59

PYMNTS

NOVEMBER 20, 2019

Citi noted traditional methods of cross-border accounts receivable are inefficient, involving multiple collections service providers with silos between invoicing, collection and reconciliation. Citi is deploying its localized payments services and FX offering to streamline the collections process.

Accounting 83

Accounting Reconciliations Invoicing Currencies 83

PYMNTS

APRIL 23, 2020

Business payment and accounting solutions provider Gilded said that digital currency data provider CoinMarketCap has implemented its cryptocurrency payment technology, according to an announcement. Our solution puts digital currency payments and accounting on autopilot, so businesses can focus on innovation and growth.”.

Technology 78

Technology Invoicing Currencies Leverage 78

PYMNTS

OCTOBER 1, 2019

Accounts receivable automation firm Invoiced is adding new features to its solution, including support for recurring payments and enhanced cash flow forecasting for CFOs. “These new features and many others further distinguish Invoiced as a true, end-to-end platform, and set us apart from more narrowly focused products and tools.”

Invoicing 43

Invoicing Cash Flow Forecasting Forecasting Compliance 43

PYMNTS

AUGUST 3, 2020

“Being the world’s reserve currency, naturally regulators are going to take more time. The ability of blockchain infrastructure to store data means transactions can not only be settled in real time, but can also be linked to one specific invoice, opening up the potential for automated reconciliation. As a whole, the U.S.

Treasury 117

Treasury Currencies Invoicing Cash Management 117

PYMNTS

MARCH 16, 2020

Buyers will be able to pay suppliers in their own countries’ currencies with ease, according to the release. In addition, the deal will allow better reconciliation of payments with the matching invoices. It will also allow real-time payment tracking along with less inquiries about payment-related issues for suppliers.

SAP 99

SAP Foreign Exchange Reconciliations Currencies 99

PYMNTS

OCTOBER 5, 2020

Comdata, she said, has mimicked the flow from claims to invoice to payment to reconciliation. That’s especially when B2B payments cross borders and currencies, she said.

B2B 130

B2B Healthcare Reconciliations Accounts Payable 130

PYMNTS

DECEMBER 23, 2020

More and more of these workers want to be paid in their local currencies and they also expect these payments to be finalized swiftly. This can cause wrinkles for freelancers who want to claim funds in their local currencies, especially if the conversion costs fall to them.

Currencies 108

Currencies Invoicing Compliance Planning 108

PYMNTS

AUGUST 2, 2018

Accounts receivable (AR) management solutions provider Invoiced has enhanced its platform through a partnership with U.K.-based The company announced in a press release Wednesday (August 1) that its collaboration with GoCardless enables businesses to support direct debit payments when they invoice their customers.

Invoicing 40

Invoicing Accounting Reconciliations Currencies 40

PYMNTS

JUNE 24, 2020

The software company said firms in the construction industry have special needs in terms of processing vendor and supplier invoices, and its technology tackles some of the daily challenges that project managers and administrators encounter, per an announcement. It then puts the invoice information into a dashboard.

Construction 75

Construction Accounts Payable Invoicing SAP 75

PYMNTS

MAY 21, 2020

Payments made on credit also incur significant administrative burden on companies that must reconcile invoices — unless electronic invoicing is used. Cross-border payments can exacerbate points of friction, Ginesta maintained, as cross-currency payments are impacted by exchange fluctuations.

B2B 94

B2B Invoicing Accounts Payable Currencies 94

PYMNTS

MARCH 20, 2017

the cloud-based treasury and working capital solutions company, announced Friday (March 18) that Pimkie chose its supply chain finance solution to manage its supplier invoice financing program. In a press release, Kyriba said Pimkie is using its reverse factoring solution to offer suppliers early payment of invoices. Kyriba Corp.,

Invoicing 40

Invoicing Treasury Currencies Finance 40

PYMNTS

FEBRUARY 28, 2020

Purchase, invoice and transaction data are invaluable to the journey of digitization and automation, but organizations are increasingly recognizing that the value can only be realized if that data can integrate seamlessly across platforms. “This combination increases data accuracy, and shortens payment cycles.”

Accounts Payable 83

Accounts Payable Banking Invoicing B2B 83

https://trustedcfosolutions.com/feed/

JUNE 2, 2022

In that case, you may be looking for more powerful real-time accounting solutions to provide you with a better view of your entire operation and help with things like taxation, HR, multiple currencies, and more. If your business is facing complex financial challenges, Sage Intacct can help. The post How Complex Are Your Business Finances?

Finance 104

Finance General Ledger IFRS GAAP 104

PYMNTS

SEPTEMBER 25, 2019

Cloud-based finance software Bill.com can now facilitate international payments in 106 currencies and 137 countries, the company announced in a press release on Wednesday, Sept. But businesses need a partner that can help them manage the complexities that come with processing multi-currency invoices and making payments in local currencies.

Currencies 40

Currencies Accounts Payable Valuation Invoicing 40

PYMNTS

FEBRUARY 17, 2020

Commerce is increasingly crossing borders and currencies, digitally, affording firms of all sizes, and across all verticals, opportunities to tap into new markets. There’s even invoice financing that helps SMEs ease their cashflows, and of course FX payment providers like TranSwap, which helps make internationalization less costly.”.

Currencies 92

Currencies Invoicing Banking Finance 92

PYMNTS

JULY 10, 2019

FLEETCOR -owned Cambridge Global Payments has announced the launch of its Invoice Automation Solution. The service automatically extracts data from invoices, PDFs and other trade documents and automates accounts payable while storing payables information for reconciliation and accounting.

Foreign Exchange 64

Foreign Exchange Accounts Payable Invoicing Reconciliations 64

PYMNTS

AUGUST 12, 2020

Palette allows these firms to ingest invoice information from suppliers in an expedient fashion, handle invoices with an automated process for approvals, and provides a trail that auditors can examine. The firm said companies in the space have unique needs when it comes to handling supplier and vendor invoices.

Construction 69

Construction General Ledger (GL) Accounts Payable General Ledger 69

PYMNTS

MARCH 19, 2020

Cross-border payments come with their own challenges attached, even without taking into account the additional complexity of freelancer invoices and personalized payment needs, but companies relying on an increasingly global workforce need to adopt solutions to meet their needs. About The Tracker.

Invoicing 77

Invoicing Currencies Technology Accounting 77

Bank of the West

NOVEMBER 22, 2021

Apart from these, Distributed Ledger technology and Digital Currencies have created opportunities for all stakeholders as businesses are starting to transact in cryptocurrencies.

Finance 98

Finance Invoicing Banking Technology 98