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There’s a lot more to running a restaurant than making good food and serving it with a smile — and no, we don’t mean listing the menu on GrubHub, UberEats or OpenTable. Restaurants have to follow regulations set by the food and health administrations, such as cleanliness guidelines and storing various foods at specific temperatures. It can be a lot for one owner to track, especially owners of multiple establishments or franchise locations.
GTNews. Over the next three years, 68% of treasury professionals believe their role will become increasingly important to their businesses. Advances in technology are allowing corporate treasuries to become a stronger strategic partner to the rest of the company, according to a recent survey of treasury professionals. Click here for details >> The post Treasury’s Status Is Rising Say 68% of Finance Professionals appeared first on Reval.
And yet, none of this is new. If there’s one unalterable truth about business it’s that change is constant and there will always be new data, new scenarios, and new questions to answer. In an ever-changing corporate world, finance teams have become the first responders. Few are ready to meet the very real demands of that role today, and it’s only going to get tougher in the years to come.
The blockchain has a bit of an identity crisis. Everyone who is anyone in financial services knows what it is, and there is broad consensus at this point that it will play a very important role in financial services. Yet few can really articulate how it all works or what exactly it will do — and when. Here’s a little proof. According to WEX’s First Annual Payments Pulse Survey , 66 percent of the 500 CFOs interviewed say that they are quite certain that they understand blockchain; 50 percent thi
Automation generally supercharges any process and brings its value to the forefront. See how infusing automation such as ART (our month-end close solution), into your close can get you to the next level of closing. We will share a live demo of SkyStem's solution, ART and share the key elements of month-end close automation. Through ART, we'll take a look at: What month-end close automation entails Which process steps can and should be automated Benefits of achieving process automation, and Why i
Wealthy countries with developed financial and payment infrastructures are most likely to have their data encrypted and held for ransom by cybercriminals, according to a recent report by global cybersecurity company Kaspersky Lab. In 2016-17, cyber attackers have set their sights on mobile users in the U.S., first and foremost, with Canada, Germany and the U.K. following closely in terms of risk.
MatrixCare, a technology provider with a targeted focus in the healthcare industry, is rolling out new data and analytics solutions for its clients. The company serves long-term, post-acute care (LTPAC) healthcare providers. On Thursday (June 29), the company announced the availability of two new solutions, MyAnalytics and MyData, available through the MatrixCare Analytics Suite of offerings, for this niche market.
MatrixCare, a technology provider with a targeted focus in the healthcare industry, is rolling out new data and analytics solutions for its clients. The company serves long-term, post-acute care (LTPAC) healthcare providers. On Thursday (June 29), the company announced the availability of two new solutions, MyAnalytics and MyData, available through the MatrixCare Analytics Suite of offerings, for this niche market.
Online retail sales in the U.K. have seen a lot of action over the past six months. As we reported back in January, the U.K.’s eCommerce sales have seen a significant year-over-year increase. Between 2015 and 2016, U.K. eCommerce sales saw a nearly 16 percent increase from £114.75 billion all the way up to £133 billion. Stemming from Interactive Media in Retail Group’s research, eCommerce sales in the U.K. are set to see a 14 percent increase by the end of this year.
PayU , a global online payment service provider headquartered in Copenhagen, has launched a new single API integration that will allow merchants to boost their business in high-growth markets. According to GrowthBusiness.co.uk , the PayU Hub provides merchants with access to 2.3 billion potential new customers in major markets across Asia, Central and Eastern Europe, the Middle East, India, Africa and Latin America through a single integration.
Google’s AI fund has made its first public investment, leading a $10.5 million Series A funding round for Algorithmia , a marketplace and enterprise solution that enables developers to tap into its catalog of 3,500 algorithms, functions and machine-learning models. According to news from TechCrunch , other participants in the round include new investor Work-Bench, as well as current investors Madrona Venture Group, Rakuten Ventures and Osage University Partners.
A new report from Dun & Bradstreet and the Pepperdine Graziadio School of Business and Management finds the majority of small- and medium-sized enterprises in the U.S. are facing cash flow challenges. The survey, the Q2 PCA Index, released Thursday (June 29), found 66 percent of U.S. SMEs say they have faced working capital challenges in the last three months, the highest rate the surveyors have seen in five years.
Mid-year performance reviews aren’t just boxes for HR to check. Paycor’s toolkit empowers leaders to: Identify high-potential team members. Boost engagement with meaningful feedback. Support struggling employees. Nurture top talent to drive results. Learn how to ignite employee potential through meaningful feedback. When you nurture top talent, everybody wins.
Maybe. Over the course of the last few years, eCommerce has sprung up and put the brick-and-mortar side of the retail industry on notice. A growing number of eCommerce-focused merchants like Amazon have gradually increased their footprint in the physical store space. With the opening of the Amazon Go grocery store and bookstore in Seattle, Amazon is breathing innovation into the stodgy brick-and-mortar experience.
QuickBooks Online touts itself as a leader in SME accounting. Last year, Intuit announced that QuickBooks Online surpassed the 1.5 million user mark — not just a sign of corporate growth, the company said, but also an indication of how small businesses are adopting the cloud and other digital solutions. But there’s a catch: While small businesses can manage their finances digitally in QuickBooks Online, they couldn’t, until recently, make electronic payments within the platform.
As more customers engage in cross-border trade, the pressure is on merchants to meet the demand for convenient payment options. In an effort to meet the changing demands of a growing consumer base, several FinTech players are offering new payment services to address the payment needs of all types of merchants. These services are not just enabling merchants to offer consumers greater convenience, but are also providing new opportunities to foster customer engagement, beef up payment security and
“An iPod, a phone and an internet communicator … Are you getting it? These are not three separate devices. This is one device. And we are calling it iPhone.”. That is how the world first met the iPhone a little over ten years ago in January 2007, when Steve Jobs took to the stage to announce Apple’s latest and greatest innovation. The world stopped what it was doing to take a look.
In the climb from contributor to leader, the rules quietly change. If you’re aiming for the summit, the air gets thinner—and what got you here won’t be enough to get you to the top (a concept first popularized by Marshall Goldsmith in his book What Got You Here Won’t Get You There ). What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level.
As mobile devices continue to be a pervasive force in the technology arena, so does the need for forward thinkers in the field. Those that are constantly developing new ways to integrate connected experiences into people’s lives will probably be at the forefront of the tech industry. In this week’s Commander in Chief series, PYMNTS talks with mobile capture and identity verification company Mitek Systems ’ CEO James DeBello about what moves the ball for the mobile industry.
Sage’s accounting chat bot is expanding. The company said this week that its AI-powered chat bot, Pegg, will be available to companies in Canada next month, about a year after Sage first rolled out the solution. Reports in IT World Canada said Sage CEO Stephen Kelly announced the news during his keynote at the Sage Summit event this week. “What’s the entrepreneur’s least-favorite thing to do?
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Visa has been going big in B2B payments as of late. Earlier this month the credit card giant launched its Visa Ready Program for Business Solutions, a collection of B2B payment and finance services, from virtual cards to AP automation, to accelerate companies’ use of such digital tools. Last year, Visa revealed it was working with blockchain company Chain to develop Visa B2B Connect, a platform for FIs to make payments and settle funds for corporate clients using blockchain infrastructure.
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Whereas mostly a concept only really understood by early adopter and tech enthusiasts a few years ago, these days mobile wallets have gone mainstream enough to feel a bit commonplace to consumers. Most people have at least heard of mobile wallets at this point — driven in part to the ever-lengthening list of retailers that are offering them in some form or other.
Loyalty programs are nothing new to retail. From collecting pieces for McDonald’s Monopoly to collecting stamps for free cookware at grocery stores and buying 10 coffee drinks to get a free cup, there is no shortage of enticing loyalty offerings. With eCommerce providing easier ways for retailers to form loyalty programs via smartphone apps or through their company websites, loyalty programs are on the rise.
It’s not Christmas in July without Black Friday. And it’s not Black Friday if the deals don’t span an entire week. It’s only fitting, then, that eCommerce giant Amazon is celebrating its third annual Amazon Prime Day by expanding the occasion into Amazon Prime Week. Although the company has not officially announced the dates, it’s looking like the festivities will run from July 9 through July 15, according to comments by individuals who say they work for Amazon.
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Amazon’s new voice-activated grocery assistant is practically magic, and you don’t even have to go to Diagon Alley to get it. The company has added Alexa to its Dash Wand product, making it smarter and more capable than ever – and strategically positioning itself to own the emerging online grocery market. “If the acquisition of Whole Foods wasn’t a clear enough signal of Amazon’s intentions for grocery market domination, the introduction of the Dash Wand provides another glaring indication,” sai
Rewards and incentive programs are not the bacon on top of the Brussels sprouts. Bob Legters, senior vice president and chief product officer for FIS , says loyalty starts with a good product and good service. If a consumer doesn’t like Brussels sprouts, then no amount of rewards can inspire his loyalty. In the same way, a credit card company can’t fix a program with low engagement by offering more (or better) rewards.
“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.
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