CFO News Room

JANUARY 17, 2023

The pie chart below, provides a measure of the gross domestic product of Russia and Ukraine, relative to the rest of the world: While Russia’s share of the global economy is small, it does have a significant standing in the natural resource space, as a leading producer and exporter of oil/gas, coal and nickel, among other commodities.

Economics 130

Economics Valuation Treasury Forecasting 130

PYMNTS

NOVEMBER 4, 2019

Now its new payment solution CRIBO (Cash Reconciliation & Invoicing By Optics) enables the global supply chain to digitize cash payments and reconcile invoices in real-time so that Fast-Moving Consumer Goods (FMCG) and Distributors can carry out instant transactions while still maintaining digital records of payments.

Invoicing 40

Invoicing Reconciliations SAP Manufacturing 40

PYMNTS

DECEMBER 30, 2019

Unlike a small business, the middle market typically holds a lower-risk profile with steady profits and strong growth. And unlike the large commercial enterprise space, the middle market doesn’t often demand immense complexity of products and services. Lacking the Right Product. There are these three different segments.

Marketing 53

Marketing Banking Accounts Payable Education 53

PYMNTS

MARCH 21, 2019

As he noted, “you run into more compliance issues and more VAT models so you need a more mature tool than the cheap-but-simple type of workflow solution that would suffice for a small and local mom-and-pop shop.”. Solutions must also work across different ERP systems, he said, because the future may be unpredictable. “You

Accounts Payable 48

Accounts Payable Invoicing Compliance SAP 48

PYMNTS

APRIL 12, 2019

The company says it is, in essence, enterprise resource planning (ERP) for agriculture. While millions of small-holder farmers can’t easily and consistently find markets for their products, thousands of commodity buyers seek produce but can’t find farmers.)

Banking 84

Banking Technology Numbers Marketing 84

PYMNTS

NOVEMBER 13, 2019

In a statement, The Clearing House Executive Vice President of Product Development and Management Dave Fortney said that this strategy may have security implications, because once financial data leaves the bank, it is held by that FinTech, and “it’s really their responsibility to protect it. .” Yet, outside the U.S.,

Banking 41

Banking Financial Data B2B Accounting 41

PYMNTS

DECEMBER 26, 2018

It’s not a trend reserved for consumers, either. As PYMNTS looks back at the biggest stories of 2018, open banking and APIs became a central focus of the payments and financial services industry in areas like corporate treasury and small business banking. Finserv Embraces The API. “I Challenges Surface.

B2B 70

B2B Treasury Banking Startups 70

PYMNTS

DECEMBER 27, 2019

Incontinent adults frequently become homebound and isolated, avoiding socializing or even visiting doctors if they do not have enough clean diapers, Adam Greenberg, president of incontinence products retailer NorthShore Care Supply , said in a separate PYMNTS interview. “If The cost of not buying enough diapers is steep, he added.

Compliance 58

Compliance Auditing Sales Retail 58

Musings on Markets

MARCH 19, 2022

The pie chart below, provides a measure of the gross domestic product of Russia and Ukraine, relative to the rest of the world: While Russia's share of the global economy is small, it does have a significant standing in the natural resource space, as a leading producer and exporter of oil/gas, coal and nickel, among other commodities.

Economics 100

Economics Valuation Treasury Forecasting 100

PYMNTS

MARCH 28, 2019

FinTech Fundbox said on Thursday (March 28) that it is expanding its partnership with Synchrony , the consumer financial services company, to make B2B credit available to the latter’s merchant client base. Synchrony already offers consumer financing to those merchants across verticals such as retail, auto and health.

B2B 52

B2B Concentration Invoicing Finance 52

PYMNTS

OCTOBER 30, 2019

Open banking jumped onto the financial services scene with a focus on enabling consumer-facing FinTech platforms to connect with their users’ bank account data. The model quickly gained traction and today is accelerating its expansion into B2B financial services, too. Open Banking Targets Corporates.

Banking 41

Banking Foreign Exchange B2B Accounting 41

PYMNTS

JULY 31, 2018

Business is often about cultivating relationships – and partnering with the right people at the right time – while offering the right product for a particular market. To serve consumers who own bitcoin with a new payment device, FitPay is rolling out a new product dubbed Flip , which comes with a preloaded amount of U.S.

Startups 43

Startups Invoicing Leverage Finance 43

PYMNTS

NOVEMBER 7, 2019

Every small business (SMB) and entrepreneur wants to boost revenue, and recurring customers are a welcome source of cash inflows. salon and spa market today captures more than $200 billion in consumer spend, according to the U.S. CRM technology enables a salon or spa to analyze customer behavior, like product and service preferences.

Analyzing Data 41

Analyzing Data Benchmarking Reconciliations Technology 41

Future CFO

JANUARY 2, 2022

Using this model, the provider is charging for the consumers' usage of their service or product, and may charge a flat rate for resources used in a specific time period or may charge differently per aspect of the service. The payment comes from the size of the subscription, not actual usage of the product or service.

Education 52

Education CFO Forecasting Budgeting 52

PYMNTS

FEBRUARY 22, 2018

On the consumer side, forecasts for 257 million-plus smartphone users in the region by 2020, according to eMarketer research, mean broad potential for mobile transactions, faster payments and beyond. At present, the report found, it takes an average of 15 days for a small business in the region to be approved for a loan.

SAP 41

SAP Foreign Exchange B2B Technology 41

Future CFO

JANUARY 28, 2021

It shifted the finance role to the front and centre of organizations, with CFOs tasked to find the right steps forward in the absence of long-term forecasts. It also highlighted the value of resilience and agility for CFOs. It also showed that in many cases, CFOs are even driving innovation for business resilience. Expanding definitions.

Finance 52

Finance CFO Advertising Forecasting 52

PYMNTS

SEPTEMBER 24, 2018

Last week Stripe officially announced the launch of Stripe Terminal, a product that will enable online businesses and platforms to accept in-person payments with Stripe. The move also puts Stripe in more direct competition with First Data’s Clover product and with the granddaddy of them all, Square.

Sales 57

Sales Retail Accounting Banking 57

PYMNTS

JANUARY 29, 2020

The product, Expense Wizard, creates profiles and sets spending limits for employees at the beginning of their trips. Virtual cards have been spreading across the B2B payment space because of their cost-saving benefits for both companies and suppliers. You must have input from stakeholders both inside and outside the organization.”.

Banking 52

Banking Accounts Payable B2B Prioritization 52

Musings on Markets

MAY 6, 2022

In most time periods, those recalibrations and resets tend to be small and in both directions, resulting in the ups and downs that pass for normal volatility. While the market-implied expected inflation rate has also climbed to a ten-year high of 2.85%, it is clearly lower than the consumer survey expectation.

Treasury 92

Treasury Economics Investments Marketing 92

PYMNTS

JUNE 1, 2017

Two key pillars to do just that would include “unique, strong digital identities” for firms, for their employees and for consumers, and there also needs to be a centralized and unified digital messaging system for transactions, known as “hosted-distributed architecture.”. The key, he said, “is to change our mindset and our strategy.”

Communication 44

Communication eCommerce Securities Banking 44

PYMNTS

OCTOBER 9, 2017

Banks, as well, are being pressured to move faster and faster, yet provide ever-greater consumer protections at the same time — two gaps that AI can go a long way toward filling. ATM, CRM, ERP: it’s all digital, and that’s true more than anywhere in financial services.”. Indeed, there is a lot of good that can come out of AI.

Retail 50

Retail Securities Leverage Banking 50

PYMNTS

APRIL 25, 2016

Developers of ERP and accounting systems, said the executive, are also challenged to keep up with ways to support omnichannel procurement and employee spend. Barker explained that, when Conferma first launched its virtual card services about a decade ago, he assumed the quality of the product would sell itself. concluded Conferma.

Education 40

Education Reconciliations Banking CFO 40

BlueLight

JULY 30, 2020

In the startup world, unit economics is the new product market fit. QuickBooks is sufficient for small businesses but has limitations as the business becomes large and complex. The interviews were conducted starting March through July 2020. The following are select responses from the finance leaders. Edited for readability.

CFO 52

CFO Financial Planning and Analysis (FP&A) Strategic Planning Startups 52

CFO Talks

DECEMBER 16, 2021

HENK CRONJE: Agri Technovation is an agricultural focused company, it does specialised plant nutrition in terms of products and whole crops, and also specialised farming services. First of all, welcome, Henk, where are you based? Are you in Johannesburg, Cape Town, where are you?

Problem Solving 68

Problem Solving CFO Auditing Accounting 68

Centage

JANUARY 17, 2023

It’s often expected that there will be small variances from the budgeted amounts. However, in the current business climate, what were once small variances may be larger and have a greater impact on your cash flow and bottom line. But in analyzing those differences, the business can be better prepared and more informed for the future.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Budgeting Planning Forecasting 98

Future CFO

APRIL 7, 2022

In one FutureCFO workshop of finance leaders, despite two-thirds using some of the most advanced ERP tools in the market, nearly all concede the use of spreadsheets as part of work. Forty-three years on, spreadsheets are still a staple of finance functions for companies big and small. Albert Leong.

Finance 98

Finance SAP Leadership Cash Management 98

Centage

JUNE 28, 2022

The fact is there is great potential for turbulent times ahead for many small and mid-sized businesses. Why this matters: For many small to medium growth companies, a major challenge is analyzing the cash impact for a typical product life cycle. While the product is being created and launched?

Cash Flow Forecasting 52

Cash Flow Forecasting Forecasting Financial Planning and Analysis (FP&A) Budgeting 52

The Finance Weekly

JULY 19, 2022

DataRails' solution wraps around your existing interface and integrates with any preexisting internal systems including your ERP, GL, CRM, and HR data. These cutting-edge tools aid teams in streamlining, automating, and improving the accuracy and efficacy of tactical and strategic initiatives. Conclusion. What is FP&A? Outstanding).

Financial Planning and Analysis (FP&A) 96

Financial Planning and Analysis (FP&A) Budgeting Forecasting Finance 96

Musings on Markets

FEBRUARY 16, 2024

It is true that there are insurance products available to protect against some of these risks, at least in some parts of the world, and that may allow companies in Florida (California) to live through the risks from hurricanes (earthquakes), albeit at a cost.

Investments 74

Investments Valuation Profit and Loss Marketing 74

PYMNTS

JUNE 6, 2016

What’s also important for SMBs is that they match their customers’ payment preferences, particularly since consumers are flooded with a multitude of options for where to spend their money, and have the ability to spend that cash anytime, anywhere — across both physical and digital channels. Streamlining Integrated Payments.

Reconciliations 40

Reconciliations Securities Invoicing Numbers 40

PYMNTS

MAY 8, 2020

Investors found promise in startups that target financial institutions (FIs) with software to improve their own services, as well as FinTechs that offer small business solutions by wielding their bank data. The company offers banks, businesses and consumers real-time payments capabilities via its API. and the U.S. and the U.S.

Securities 64

Securities Banking Pharmaceutical Startups 64

CFO Simplified

APRIL 15, 2022

The great secret to the proper use of an ERP system isn’t just the automation of mundane tasks, but the collection of data that wouldn’t normally be available or would take an inordinate amount of manpower to compile. Every business owner looks for the information that they need to make the right decisions. Profitability. Recommendations.

Cash Flow Forecasting 52

Cash Flow Forecasting Invoicing Forecasting Budgeting 52

PYMNTS

OCTOBER 14, 2019

The emergence of online shopping and eCommerce inevitably seeped into the B2B world, leading to rising demand for corporates to make purchases online the same way they do as consumers. But for the vast majority of corporates’ online shopping needs, consumer-centric platforms don’t cut it.

B2B 56

B2B B2C eCommerce Technology 56

Jedox Finance

AUGUST 23, 2022

What is integrated planning? The classical planning approach in comparison. Advantages of integrated planning in comparison to classic planning. Increasing need for better reconciliation calls for integrated planning. Integrated planning: Better alignment with goals. Find a business partner, not just a service provider. Use of digital channels.

Planning 52

Planning Budgeting Forecasting Reconciliations 52

PYMNTS

OCTOBER 22, 2019

The firm announced updates last week, adding a Purchase Orders function that allows users to connect POs generated from their ERPs and integrate them into Bill.com for approval and payment in collaboration with AP teams. It’s a multitasking strategy that was deployed by Bank of America , Bill.com and U.S. Finally, U.S.

Accounts Payable 40

Accounts Payable B2B Invoicing Reconciliations 40

PYMNTS

AUGUST 30, 2016

One of the residual effects of eCommerce’s explosion is the accessibility to troves of data on consumer shopping habits. Today, any shopper on Amazon can make a purchase and then automatically be recommended similar products they might enjoy, thanks to data analytics technology. ” B2B eCommerce’s B2B Payments Impact.

B2B 58

B2B eCommerce Valuation B2C 58

PYMNTS

JANUARY 20, 2017

From small to large corporates and even governments, the need for liquidity, data, better control and better and more efficient processes in commercial payments remains the same. From there, they can integrate it directly into their ERP system in order to generate the virtual cards as part of their own accounts payable process.

Accounts Payable 44

Accounts Payable B2B Education Reconciliations 44