PYMNTS

AUGUST 3, 2020

It’s one factor in why so few challenger banks have launched in the country compared to markets like the U.K., However, there are efforts to lower the barriers to entry for market newcomers. “Being the world’s reserve currency, naturally regulators are going to take more time. .” As a whole, the U.S.

Treasury 117

Treasury Currencies Invoicing Cash Management 117

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. B2B payments market. Going Further With Open Banking.

Accounts Payable 83

Accounts Payable Banking Invoicing B2B 83

PYMNTS

FEBRUARY 5, 2020

For the companies that pay these workers, sometimes globally and across currencies, managing accounts payable (AP) processes is quickly becoming a complex endeavor. As the traditional payroll functions recede into the background, handling huge volumes of invoices — for platforms, that can mean thousands of invoices — becomes unwieldy.

Invoicing 61

Invoicing Accounts Payable Foreign Exchange Currencies 61

PYMNTS

MARCH 16, 2017

We were surprised to see businesses actively selling into markets because they had a vehicle to receive payments there, and they were actively avoiding other markets because they didn’t know how to get paid there,” Moen said of Flywire’ s conversations with companies revealing their B2B payment pain points. Time For Change.

B2B 43

B2B Marketing Compliance Invoicing 43

PYMNTS

JULY 10, 2019

Some of the biggest industry trends, including faster payments, open banking and bank-FinTech collaboration, have found their ways into the Canadian market, the B2B payments space is not immune to disruption from these shifts. Faster Payments. Open Banking. Plus, those back office platforms aren’t always integrated with each other, either.

B2B 62

B2B Accounts Payable Mergers and Acquisitions (M&A) Reconciliations 62

PYMNTS

NOVEMBER 26, 2019

“Our organizations share the view that supplier experience is a vital component to customer satisfaction,” said WEX Senior Director of Supplier Services Dylan Jones in a statement, adding that the partnership with Billtrust will enable WEX “to solve for the ‘last mile’ of automated settlement and reconciliation.

Accounting 64

Accounting Accounts Payable B2B Reconciliations 64

PYMNTS

MAY 22, 2018

Earlier this month, the company announced a new international invoicing service that can streamline the billing process for companies serving customers outside of their home countries. For most companies, domestic billing is easy. Since June 2017, Flywire ’s U.K. team has grown by 25 percent, with plans to double in the near future.

Reconciliations 52

Reconciliations Invoicing Education Compliance 52

PYMNTS

DECEMBER 12, 2019

Contrast that with the fact that well over 40 percent of B2B invoices are still paid by paper check. The robust activity in B2B API development points to a highly configurable world of faster payments, greater transparency, and the flexibility markets now demand. Out with the Old. Making Money Faster with APIs.

B2B 52

B2B Accounts Payable Reconciliations Healthcare 52

PYMNTS

JULY 10, 2020

Nium then facilitates an electronic funds transfer to the supplier and can support either domestic transfers or cross-border transactions in the currency of an invoice. In addition to heightened visibility and access to reconciliation data, corporate cards connect businesses to a valuable line of credit.

Entertainment 80

Entertainment Accounts Payable B2B Reconciliations 80

PYMNTS

FEBRUARY 8, 2018

B2B payments are an instrumental component of global trade and of setting the stage for currencies to operate as global instruments of cross-border trade. China’s renminbi (RMB) is one global currency that is pushing its international standing, but new data from SWIFT released earlier this month found 2017 was a mixed year for the currency.

B2B 44

B2B Currencies Reconciliations Economics 44

The Finance Weekly

APRIL 13, 2024

While personal finance applications often focus on budgeting and tracking investments, business finance applications are enriched with additional functionalities, such as invoicing and inventory management, to support a wider range of business operations.

Financial Planning and Analysis (FP&A) 52

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

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. The platform integrates cross-border billing, payment acceptance and reconciliation into a single solution. “In

Accounting 83

Accounting Reconciliations Invoicing Currencies 83

PYMNTS

OCTOBER 14, 2020

Unlike solutions on the market today that only offer a handful of ERP integrations and require a manual intervention to complete a payment, RegalPay One offers a bank-branded platform that connects directly to their corporate customers' ERP system," Ed Wertzberger , vice president of solution delivery for Regal Software, said in the announcement.

B2B 82

B2B Banking Accounts Payable Reconciliations 82

PYMNTS

FEBRUARY 26, 2020

Accounts payable and finance departments in the middle market want to invest in growth, in products, in service, in people — they don’t want to invest in suppliers or supplier-related processes,” he said, highlighting the supplier management and communication component of AP that is becoming increasingly important.

Accounting 72

Accounting Accounts Payable Invoicing General Ledger 72

PYMNTS

DECEMBER 9, 2020

So, it’s no surprise that in a fireside chat with PYMNTS Karen Webster, Visa’s Alan Koenigsberg, global head of new payment flows at Visa Business Solutions; and Tim Summers, vice president of Visa Direct global segments and market development, said B2B payments between buyers and suppliers are poised to pick up speed as they travel round the globe.

B2B 134

B2B Reconciliations Accounting Invoicing 134

PYMNTS

NOVEMBER 11, 2019

RedCloud Technologies said earlier in the month that it had launched a payment solution, known as Cash Reconciliation & Invoicing By Optics, or CRIBO for short. The solution allows for global supply chains to digitize cash payments and reconcile invoices in real time. Suppliers are notified of real time transfer of funds.

Invoicing 40

Invoicing Reconciliations Currencies Banking 40

PYMNTS

MAY 3, 2018

Cross-border B2B payments is a large and growing market. On the backend, the integrated solution will enable Flywire and Billtrust to securely share account and invoice details while matching reconciliation data. As of 2017, the space was valued at $18.5

B2B 40

B2B Reconciliations Invoicing Currencies 40

PYMNTS

JUNE 9, 2017

Though that’s critical for a number of reasons – cash management and predictability, accounting and reconciliation, and reducing data-entry errors – combatting fraud may stand to gain the most from more sophisticated accounting data management practices. The firm provides payout capabilities in addition to invoicing and tax solutions.

Accounting 43

Accounting Technology Accounts Payable Invoicing 43

PYMNTS

JULY 31, 2017

Considering SMEs the world over are struggling with adopting electronic payments and invoicing, Indian companies are certainly facing a challenge. Cash, in the form of currency notes on hand, does not really help anyone,” Krishnan recently told PYMNTS. “It It is a non-productive depreciating asset.”. “GST

Invoicing 40

Invoicing B2B Accounts Payable Cash Management 40

PYMNTS

MARCH 1, 2018

FlitWays is instead looking to curate the fragmented ground travel market in order to meet the various needs of business travelers while giving them more of a business-like experience. Of course, language and currency can be a struggle. Yes, that sometimes means a quick ride on the fly.

Transportation 40

Transportation Foreign Exchange Currencies Reconciliations 40

PYMNTS

NOVEMBER 16, 2017

That need is pushing businesses to integrate technologies into their supply chain management systems to match payments, invoices and POs, for instance, for automated reconciliation. ” Such automation can similarly reduce invoice processing and reconciliation errors, too, he added. .

Reconciliations 41

Reconciliations Invoicing Accounts Payable Technology 41