Sat.Sep 26, 2020 - Fri.Oct 02, 2020

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Will Finance Become 100% Digitalized?

Jedox Finance

We have been talking about a digital transformation in Finance for ages. Some have come far on the journey while others are still struggling. Having just gone through a severe crisis that saw everyone working remotely and using digital tools makes this transformation more relevant than ever. . Right now, we are looking at two almost extreme cases: On one hand, we are at a stage where the transformation can be completed because of all the tools are available.

Finance 141
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Amazon One Lets Consumers Pay With Their Hand

PYMNTS

“Talk to the hand” will take on new meaning starting Tuesday (Sept. 29). CNN reports Amazon has introduced the latest touchless way to pay at checkout. Dubbed Amazon One, the method allows users to pay with the palm of their hand at some of its stores. The giant eCommerce website can now connect a stored credit card with a palm print. Here’s how it works: place the palm of your hand above a sensor and purchase products at checkout-free Amazon Go stores.

eCommerce 139
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Trending Sources

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Anaplan Named the 2020 Gartner Peer Insights Customers’ Choice for Sales Performance Management

Anaplan

The Anaplan team is thrilled to announce that we have been recognized as the one and only vendor in the 2020 Gartner Peer Insights Customers’ Choice for Sales Performance Management (SPM). View the Anaplan for Sales page on Gartner Peer Insights. As noted in the report, over the past 12 months, Anaplan received over 50 […].

Sales 72
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How cloud accounting made me enjoy the finance industry again

Creative CFP

This is a topic that is very close to my heart and I am sharing this everywhere I go. A couple of years into my career as a chartered accountant I started to wonder if I was still enjoying working in the finance industry. I was busy with so many routine, tedious tasks that it felt like I was not growing and it did not feel like I was making a difference in other people’s lives.

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How to Build the Ideal HR Team

HR doesn’t exist in a vacuum. This work impacts everyone: from the C-Suite to your newest hire. It also drives results. Learn how to make it all happen in Paycor’s latest guide.

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Cash Flow: Your Practice's Circulatory System

Adam Kae

Think of cash flow as the circulatory system of your practice. When everything is flowing smoothly , our bodies are functioning well. When one area gets blocked, it needs immediate attention. Run a statement of cash flow report regularly to ensure your cash is flowing smoothly throughout your practice. According to Instamed, 30% of the patients pay the "average healthcare bill" directly.

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IBM Planning Analytics gets top marks in Planning Survey 20

Future CFO

BARC is a leading European consulting firm specializing in business software. The Planning Survey 20 is based on findings from the world’s largest and most comprehensive survey of planning software users, conducted from November 2019 to February 2020. BARC employs a deep list of criteria that reflects the key features users consider when choosing planning software, including performance satisfaction, data handling, number of users and requirements.

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Radical Uncertainty in Finance: The Origins of Probability Theory

CFA Institute

How did modern society succumb to the illusion that uncertainty can be transformed into calculable risks?

Finance 61
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3 Tips to Help Leaders Take Care of Their People

Planful

We’re all looking forward to a brighter 2021, but we still have a few months to go before we’re there. For many, the combination of work, social, family, and political stressors can make these days feel heavy. . For most leaders, a big question on our minds is “how on earth do we keep this ship moving forward?” – particularly now that “Pandemic Panic” has shifted to “Pandemic Burnout.

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In The Subscription Economy, Retention Is The New Growth

PYMNTS

You likely remember the days when you got your Sunday paper in printed form, before clicking links on your devices, before getting content in your email inbox thrice daily. Back then, you paid the subscription price and got a 12-inch stack of paper, replete with sections you never really read that closely. But you paid for the “bundle” anyway, because there was no other way to read the sections you really wanted to read.

Numbers 136
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Planning Your Restaurant's Path to Profitability

Speaker: James Kahler, COO of Full Course

Ever wondered where to splurge and where to safely conserve when it comes to operating and growing your restaurant? 🤔 Join James Kahler, COO of Full Course and industry visionary, in this new webinar where he'll talk all about best practices to invest in your restaurant's success! Whether you're a new business or an established restaurant, a seasoned pro or a rookie, you'll learn the keys to sustainable success in this competitive industry.

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How to achieve fast, resilient virtual close

Future CFO

Factors that determine the length of time to close financial books includes the complexity of the business, and the degree to which finance processes are digitized and/or automated. More recently, COVID-19 and the social restrictions imposed to contain the spread of the virus has hampered the ability of finance teams to collate, validate, audit, and close financial books.

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Private Equity vs. Venture Capital: Opposite Investment Mindsets

CFA Institute

PE and VC performance-enhancing techniques are not just different, they are precise opposites.

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Paytm President: Going From Mobile Payments To India’s Connected Commerce Ecosystem

PYMNTS

As India approaches the fourth anniversary of 2016’s demonetization, the landscape that has defined the country and economy is undergoing a radical shift. India has heretofore been a cash-based economy, where even consumers shopping online often paid in physical currency via cash on delivery (COD). But several years of a regulatory push have combined with the increasing presence of India’s Unified Payments Interface (UPI) and six months of COVID-19 to markedly reduce Indian consumers’ fondness f

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Using 5G To Build Tomorrow’s Smart Cities, Today

PYMNTS

Smart cities powered by 5G networks have long been forecast as coming soon to major metros all over the world. But actual progress has been limited by various regulatory and technological headwinds that have kept the connected smart city more a vision of the future than a concrete reality of the present. However, CEO Ian Aaron of Ubicquia , a smart cell and smart grid technologies company, told PYMNTS that the past half year has changed the outlook for smart cities.

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How Automation is Driving Efficiency Through the Last Mile of Reporting

Speaker: Jamie Eagan

As organizations strive for agility and efficiency, it's imperative for finance leaders to embrace innovative technologies and redefine traditional processes. Join us as we explore the pivotal role of digitalization and automation in reshaping what is commonly referred to as the “last mile of reporting”. We’ll deep-dive into why digitalization is no longer a choice, but a necessity for finance departments to stay competitive in a fast-paced environment touching on: 2024 trends for the Office of

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B2B Payments Drive Instant Payments, Crypto Innovation

PYMNTS

New payment rails are once again in the spotlight as real-time payments and cryptocurrency emerge as the top focuses for innovators. In this week’s look at payment rails innovation, the European Union begins paving the way for greater crypto adoption, while Mastercard expands its own crypto accelerator initiative. Separately, research finds B2B payments as the key driver behind surging instant payments volume in the years ahead.

B2B 129
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Disbursements By Voice Are Growing In Popularity – And Other Instant Disbursements Trends

PYMNTS

Consumers and microbusinesses now get an average of two disbursements each year, excluding tax disbursements from local, state and federal governments. Yet, many of those disbursements are neither digital nor instant and available for consumers and microbusinesses to access and spend on demand, PYMNTS’ latest Disbursements Satisfactory Report found.

Invoicing 122
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NEW DATA: Pandemic Pushes 70 Pct Of Businesses To Automate Accounts Receivables

PYMNTS

The pain points that accounts receivable (AR) teams most commonly experience can be boiled down to three underlying and related problems: continued reliance on manual AR management practices, and the resulting lack of speed and high operating costs associated with managing receivables. Reliance on manual processes has far-reaching effects. These legacy methods often reduce the speeds at which firms deliver invoices and follow up on overdue payments, as they are less efficient for prioritizing co

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Target Pilots Buy Now Pay Later With Sezzle

PYMNTS

Sezzle , the installments payments platform, will be working on buy now, pay later (BNPL) services with Target , a press release says, which will test how the popular payment trend works with the retail giant's operations. The collaboration will involve “limited tests with a small portion of Target.com guests in two product categories to evaluate the efficacy of the Sezzle platform for Target’s retail operations.”.

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Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, email, and shared drives no longer have to slow us down. Join us as we present a "sneak peek" recorded demo of SkyStem's month-end close solution – ART. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

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Stripe Heads Up $12M Funding Round For Payments Processor Startup PayMongo

PYMNTS

Filipino online payments platform PayMongo has come off a funding round with $12 million, according to a press release. Stripe led the round, and existing investors Y Combinator and Global Founders Capital participated, alongside a new investor, Bedrock Capital. PayMongo plans to use the new funding to speed up introducing new features and products, and to keep building its product, design and engineering teams, the press release says.

Startups 120
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Square Unveils QR-Code Based Ordering For Eateries

PYMNTS

Square has unveiled a quick-response (QR) code-based self-service ordering functionality for eateries harnessing Square Online. The feature lets customers make orders through their mobile devices, steering clear of unnecessary physical contact with staff at no further charge to the company, according to an announcement. Square Online sellers in the U.S., Canada, U.K. and Australia can now use the self-serve ordering feature.

Sales 118
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Why 2021 Is No Sure Bet For An SMB Rebound

PYMNTS

As 2020 limps toward its exhausting conclusion, get ready for a massive rebound in 2021 — for consumer spending , for small- to medium-sized businesses’ ( SMBs ’) top lines, and for the U.S. economy in general. Maybe not. In an interview with Karen Webster, MerchantE Chief Financial Officer Shim Steinmetz cautioned that many variables are at play, which makes divining the future a bit dicey.

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Closing Latin America’s $350B SMB Trade-Finance Gap

PYMNTS

The cash flow challenges for small businesses have been in place for a while, in Latin America since well before the pandemic took root. And in an interview with PYMNTS, Jacob Shoihet , co-founder and CEO of the online financing platform Marco Financial , said the problem is particularly acute for exporters. “In Latin America, the infrastructure mainly relies on banks to provide kind of these types of services to the SME segment.

Finance 114
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Accounting Software and ERP Readiness Guide

In this white paper, we explore the factors to consider in deciding whether the time is right for your Company to consider a new ERP or accounting software, the total cost of ownership and plans necessary to make the potential leap to these systems.

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Restaurants, C-Stores Prep For A Post-Pandemic Omnichannel Future

PYMNTS

Some convenience stores and restaurants have seen their revenues dented by 60 percent or more in recent months, Paytronix CEO Andrew Robbins told Karen Webster. But he said what’s really remarkable is how consistently hopeful, engaged and optimistic businesses are about what comes next. “It was just amazing that the sentiment I am hearing is: ‘If this is the toughest thing the world can throw at us, we can beat it,’” Robbins said.

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SWIFT Launches Service For Low-Value Cross-Border Payments

PYMNTS

SWIFT , a global provider of secure financial messaging, announced a new service Thursday (Oct. 1) that promises to improve the experience for small and medium-sized businesses (SMBs) and consumers who send low-value payments across borders. The Belgium-based cooperative said the initiative will enable customers to make faster, easier, predictable and competitively-priced payments worldwide.

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Supermarkets Hoard Staples For Holidays, COVID Resurgence

PYMNTS

The holiday season is months away, but food distributors and supermarkets are stockpiling food to prepare for what could be a sales surge if COVID-19 cases rise. The Wall Street Journal (WSJ) reported suppliers and grocers are heeding warnings from some health experts who say the U.S. could see another widespread outbreak of virus cases. Anthony Hucker, CEO of Southeastern Grocers , a Jacksonville, Florida-based supermarket chain, told WSJ he placed orders for holiday hams and turkeys in June, J

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OAK + FORT: Flexible-Payment Plans Boost Luxury Purchases

PYMNTS

Dramatic shifts are underway in the retail sector as it adjusts to consumers’ increasingly digital preferences. Merchants are optimizing their eCommerce operations, but this is posing challenges for some, including luxury merchants. These retailers are accustomed to engaging with their customers in brick-and-mortar stores and building long-lasting relationships that lead to brand loyalty.

Planning 111
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Recruit and Retain New Blue-Collar Talent

Blue-collar jobs have a branding problem. One company, GEON, partnered with Paycor to find the solution. Learn how to attract, engage, and retain blue-collar employees, helping them build meaningful careers – and support your company’s goals.