PYMNTS

DECEMBER 14, 2020

The problem with this strategy, however, is that when every company is looking get paid more quickly but pay their own invoices later, B2B buyers and vendors quickly find themselves in a position in which their own cash flow goals contradict each other. Many Moving Parts. That's error-prone, very static, and takes a lot of time.".

Accounts Payable 123

Accounts Payable Cash Flow Forecasting Prioritization Invoicing 123

The Finance Weekly

APRIL 28, 2024

Also, the subscription service comes with cool features such as follows: Keeping tabs on inventory Sorting out your books Sending out invoices smoothly Managing payroll Dishing out financial reports Linking up with other apps for a seamless workflow Plus, you can share access with different permissions for your team.

Financial Planning and Analysis (FP&A) 52

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

The Charity CFO

MARCH 27, 2024

Having reliable accounting software is essential to maintaining accurate financial records, and QuickBooks makes it easy to stay on top of transactions, invoices, and more. Luckily, QuickBooks Online lets your team connect and work with financial data from anywhere with secure internet access.

Nonprofit 40

Nonprofit Accounts Payable Compliance Invoicing 40

PYMNTS

JANUARY 20, 2021

Xero , a global small business cloud accounting platform, is working with South Africa’s Nedbank to give small- to medium-size business (SMB) clients a digital, application programming interface (API)-enabled bank feed to access financial data, according to an ITWeb report.

Banking 67

Banking B2B Invoicing Accounting 67

The Charity CFO

APRIL 1, 2024

QuickBooks provides an easy-to-use bookkeeping solution that puts all of your financial data in one place. All of your financial data lives securely in the cloud, which also means you can access it from anywhere with a secure connection.

Nonprofit 52

Nonprofit Accounting CFO Accounts Payable 52

The Finance Weekly

NOVEMBER 8, 2022

Although it’s meant for small businesses and doesn’t provide as many integrations as QuickBooks, Wave takes care of all of your accounting services and provides invoicing and payroll as well. It also has a very easy to use platform and excellent security. The entire lifecycle of payments (invoices, payments, reporting, etc.)

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Finance Accounts Payable Invoicing 98

PYMNTS

FEBRUARY 19, 2018

But aside from a government mandate, Mattias Hansson, CEO and co-founder of Zervant , told PYMNTS there are major factors behind encouraging entrepreneurs to invoice their clients electronically. For electronic invoicing to gain traction, it cannot create new challenges for small businesses. Integration.

Invoicing 43

Invoicing B2B Securities Financial Data 43

PYMNTS

JANUARY 3, 2020

Alternative Financial Data. In an effort to foster that trust, SOLV recently announced a partnership with MonetaGo , which is integrating its blockchain-powered Anti-Fraud Network within SOLV’s existing invoice finance offering.

Invoicing 48

Invoicing B2B eCommerce Finance 48

Spreadym

JUNE 19, 2023

Manage Accounts Receivable: Monitor your accounts receivable closely, ensuring that customers pay their invoices on time. Implement efficient invoicing processes, offer incentives for early payments, and promptly follow up on overdue payments to minimize the risk of cash flow gaps.

Cash Flow Forecasting 52

Cash Flow Forecasting Invoicing Forecasting Accounts Payable 52

PYMNTS

MARCH 12, 2019

The deal marries Every’s services with Wave’s accounting, invoicing, payments and expense management offering, part of the firm’s broader strategy of building a holistic suite of SMB financial services. Acquisitions are an increasingly popular strategy for other financial services players, too.

Mergers and Acquisitions (M&A) 73

Mergers and Acquisitions (M&A) Banking Invoicing Financial Data 73

PYMNTS

MAY 18, 2018

As the winner of a $10,000 grand prize and the support of a major payments technology company, Hermyz joins a growing community of disruptors and innovators addressing a multitude of problems in corporate payments and financial management today. So, we wanted to make the process of tracking and paying invoices as easy as possible.

B2B 46

B2B Invoicing Accounting Securities 46

PYMNTS

FEBRUARY 5, 2018

The discussion around sharing financial data today is most often in reference to major industry happenings, like PSD2, Open Banking and the sudden influx of APIs in the financial services space. They’re entrusting that MSP to make sure their systems are up and running, and that the data is secure. ”

Finance 43

Finance Financial Data Invoicing Communication 43

CFO Simplified

APRIL 15, 2022

By acting on the correctly colored cells, invoices could be generated. Missed invoices and double billing were not unusual in this environment. In addition, pulling together month-end data was done manually and wasted crucial staff time. This eliminates the complex spreadsheets and provides data for the cash flow forecast.

Cash Flow Forecasting 52

Cash Flow Forecasting Invoicing Forecasting Budgeting 52

PYMNTS

JANUARY 26, 2017

The solution is called Finlync SAP-DL Integrator , and the idea, said Finlync in an interview with PYMNTS, is that the ERP system is the central home to critical data like purchase orders and invoices, business partner payment information and the like. Blockchain and the distributed ledgers can eliminate international data fraud.”.

SAP 57

SAP Invoicing Reconciliations B2B 57

PYMNTS

MARCH 20, 2018

Alternative lending options, including debtor finance and P2P lending, offer SMEs the chance to fund growth without using property as security,” explained Scottish Pacific CEO Peter Langham in a statement. Nearly half (47.6 Business owners need to know they have credible choice when they are looking for funding.”.

Finance 47

Finance Banking Invoicing Financial Data 47

PYMNTS

OCTOBER 2, 2017

That skepticism has largely waned, though, with many organizations taking a hybrid approach to cloud solutions and, eventually, entrusting the cloud to store key information like financial data. Within the finance and accounting world, there seemed to be general resistance to the cloud, mainly circulated around security,” he said.

SAP 43

SAP Financial Data Finance Accounting 43

PYMNTS

DECEMBER 14, 2018

They include Internet of Things (IoT)-connected manufacturing machines, cross-platform financial data analysis, predictive analytics for inventory management and more. million was raised by B2B startups tearing down data silos. In all, more than $87.8

B2B 51

B2B Startups Treasury Financial Data 51

Bramasol

DECEMBER 13, 2021

Using appropriate security and access controls, solutions such as the Ariba Network and SAC analytics capabilities will play an important role in helping to monitor and maintain healthy end-to-end supply chains going forward. Here again, Bramasol makes security a key part of every project that we undertake. trillion per year.

SAP 52

SAP Compliance Profit and Loss IFRS 52

PYMNTS

JULY 23, 2020

You want to be able to onboard [new vendors] into your system to be able to accept electronic payments, so the very first invoice is paid electronically. CFOs and CIOs are notoriously controlling about financial data ; it’s in their job description. It’s never been more secure, and the needs have never been greater.

Accounts Payable 60

Accounts Payable Invoicing CFO Accounting 60

PYMNTS

MAY 25, 2016

Today, it is able to manage key business partner relationships, cash flow and financial data, and AP technology provides a deeper level of visibility into these areas than ever before, said the VP. InvoiceSmash, for example, was introduced this month with an emphasis on accelerating invoice processing times.

Accounts Payable 46

Accounts Payable Invoicing Prioritization Accounting 46

Boston Startup CFO

FEBRUARY 1, 2023

Creating a pitch deck : A CFO can help you create a compelling pitch deck that highlights the financial aspects of your business, and let you know what gaps needs to be filled before getting in front of investors. They can also bring to your attention many key details that must be communicated to investors to secure their interest.

CFO 40

CFO Startups Cash Flow Forecasting Budgeting 40

PYMNTS

SEPTEMBER 8, 2016

Xero’s surveying found that 92 percent of users consult and work with financial advisors and accountants. Almost all of the respondents said they are in sync with their financial data in real time via bank feed. Fuelled is slated to offer funding secured against unpaid invoices.

Invoicing 40

Invoicing Financial Data Banking Accounting 40

PYMNTS

FEBRUARY 10, 2017

B2B payments, alternative SME finance, enterprise cybersecurity, data management and logistics all secured a financial boost — find out which startup scored the most in our breakdown below. Enterpay enables businesses to pay without credit cards when making purchases online using invoice data, reports said.

B2B 51

B2B Startups Securities Investments 51

PYMNTS

AUGUST 4, 2016

Primarily, Reckon provides small and medium-sized enterprises with cloud accounting solutions, but now, it’s utilizing the data it has about small businesses to its advantage by partnering with alternative lending company Prospa to underwrite loans to its SME users. “This is transforming the credit risk analysis process.

Invoicing 40

Invoicing Finance Risk Analysis Credit Risk 40

PYMNTS

NOVEMBER 4, 2016

Deals were made with B2B invoicing and payments firm Viewpost, as well as health care blockchain company Gem and natural language search technology company ClearGraph. For any new FinTech company, securing a deal with a financial giant is good news. ”

Treasury 79

Treasury B2B Leverage Reconciliations 79

PYMNTS

MARCH 27, 2020

“Payments Initiation, which is enabled by PSD2, is driving the adoption of Open Banking” in the business banking and payments space, she told PYMNTS, pointing to the benefits of lower transaction fees, speed and elevated security as key drivers of adoption. Each one of these factors provides tangible benefits to businesses.”.

B2B 60

B2B Banking Securities Accounting 60

Future CFO

FEBRUARY 10, 2021

said Michelle Quek , vice president, Business Operations and Finance at Ensign Info Security. Technology also helped International SOS implement an AI-enabled OCR solution during the pandemic and enabled digital invoicing from hospitals and clinics. Data trust or integrity is another rising challenge.

CFO 52

CFO Finance Auditing Treasury 52

PYMNTS

DECEMBER 7, 2017

Typically, financial institutions (FIs) are a tougher sell than end users when it comes to new money-moving products. After all, FIs are the ones who have to integrate the solutions they choose, ensuring that they work — and work fast — and keep their customers’ financial data secure.

Invoicing 40

Invoicing Banking Accounting Leverage 40

PYMNTS

DECEMBER 13, 2017

A few bank scandals and research highlighting smaller companies’ frustrations with traditional financial institutions (FIs) have ushered in a wave of challenger banks in the U.K., The [FinTechs] that will survive are the ones that will know the financial rules.”. SMBs are ready for change, too. Research from Visa U.K.

Banking 40

Banking Securities Finance Financial Data 40

PYMNTS

JUNE 28, 2019

It wasn’t the only corporate T&E firm that secured new funding, though, nor was it the only B2B FinTech that raised venture capital. The company deploys machine learning to connect small business borrowers with investors, and offers products such as small business loans and invoice financing.

Valuation 43

Valuation Reconciliations B2B Startups 43

PYMNTS

APRIL 12, 2016

Not only do they add an enhanced level of security and fraud protection to the accounts payable process, they also simplify processes and provide a mechanism for generating new forms of revenue to support the nonprofit mission.”. But what a commercial card can’t do as well as a virtual card is security. Not-For-Profit.

Nonprofit 40

Nonprofit Accounts Payable Reconciliations Cash Management 40

PYMNTS

FEBRUARY 12, 2018

“Banks will always have a role as the custodians of money – as the literal vault to keep money secure,” said Ray Brash, CEO of banking infrastructure provider and card issuer PrePay Solutions , in a recent chat with PYMNTS. “Even payments, that’s a cost for banks.

Financial Data 40

Financial Data Banking Invoicing Accounting 40

PYMNTS

NOVEMBER 17, 2020

And while that will probably remain the case for the foreseeable future, Maria Prados , vice president of global eCommerce at Worldpay , tells PYMNTS that the shift to automated, paperless and secure B2B transactions is on the move. B2B historically has been pretty behind, especially around payments,” Prados said. The Case For Change.

B2B 108

B2B Invoicing eCommerce Securities 108

PYMNTS

MARCH 19, 2020

It’s what enabled HostBooks to recently announce the launch of its mobile app, a key feature for SMBs that must gain access to financial data regardless of location, said Rana. “It is not efficient or smart to have separate accounts to track bills, invoices, payroll, expenses and more,” he noted. ”

Accounting 62

Accounting Invoicing Accounts Payable Financial Data 62

PYMNTS

APRIL 7, 2020

Being able to track the flow of funds and correctly auto-post those funds to an invoice-level based accounts receivable (AR) system, said Diegelman, can be difficult. Obviously, they said, customers as a whole don’t want their data falling into the wrong hands or being used in ways that they didn’t agree to.

Leverage 83

Leverage Banking B2C B2B 83

PYMNTS

JANUARY 21, 2020

While Open Banking initiatives and data integrations between banks and FinTech firms have begun to target corporate and small business (SMB) end users, new research out of the U.K. has warned that small businesses are largely shunning the opportunity to unlock their financial data. In a recent report from the U.K.

Banking 60

Banking Treasury Financial Data Cash Management 60

PYMNTS

SEPTEMBER 12, 2018

There is no shortage of FinTech firms that have emerged since the 2008 financial crisis aiming to facilitate access to small business capital, many of which target supplier and invoice financing specifically. ” He continued, “Everyone says data is the new gold, the new oil.

Finance 40

Finance Accounts Payable Invoicing Reconciliations 40