PYMNTS

AUGUST 21, 2019

As he told PYMNTS, those steps include manual sorting of invoices, sales orders and supporting documents – and, more importantly, the manual entry of data from these documents. But they still need to be processed as a paper invoice.” But, as he noted, procure-to-pay processes involve manual labor across several steps.

Accounts Payable 46

Accounts Payable Invoicing Financial Systems Compliance 46

PYMNTS

FEBRUARY 1, 2021

Instead of talking about connecting kitchen appliances, we can provide an online connected experience between companies — even if they have chosen different financial systems,” he told PYMNTS, noting that this approach is dubbed the “Internet of Systems.”. A Decade Of Disparate Technology.

Finance 82

Finance Invoicing Reconciliations Prioritization 82

PYMNTS

DECEMBER 3, 2020

Intelligent automation supplier Kofax has announced new innovations for its invoice and accounts payable (AP) solutions, according to a press release. These types of users handle a greater quantity of invoices than business users and conduct complicated invoice handling activities akin to AP workers. 2) announcement.

Currencies 60

Currencies B2B Accounts Payable Invoicing 60

PYMNTS

OCTOBER 17, 2016

According to the report, providers of outsourced procurement solutions are turning to robotic process automation technology to meet cost reduction needs, while remaining vigilant on invoice management and fraud prevention. Analytics, similarly, support cost savings and minimize risks for corporate clients, the report added. 78% of U.S.

Technology 76

Technology Invoicing Financial Analysis B2B 76

PYMNTS

JANUARY 20, 2021

We already have good examples of embedded B2B finance to go by in manufacturing, technology and professional services: A limited number of firms are using embedded payments to streamline the international invoicing and AR processes with their customers. This simplifies a typically complex, costly and slow process for both parties.

B2C 70

B2C B2B Currencies Invoicing 70

PYMNTS

APRIL 9, 2020

While the company’s API allows for white-label ACH processing, Sila has the payment rail in its crosshairs, with Sila CEO and Co-Founder Shamir Karkal describing ACH one of several “outdated payment systems” upon which the global financial system operates. Billhop Eases B2B Card Acceptance.

B2B 83

B2B Invoicing Banking Currencies 83

PYMNTS

AUGUST 1, 2019

This is an important step in adding greater transparency to the financial system and the world at large. The company rolled out an automated accounts receivables tool in April designed to automate key processes for AR departments, including invoice collections and customizable workflows.

B2B 64

B2B Invoicing Financial Systems Securities 64

Onplan

DECEMBER 16, 2021

Billings are what you invoice your customers. In the case of the example 3-year contract above, your billings are the annual amount you invoiced the customer—$10,000 each year. Of course, you can’t pay salaries with customer invoices either—it’s important to make sure you’re collecting your accounts receivables expeditiously.

GAAP 59

GAAP Invoicing Accounting Forecasting 59

PYMNTS

SEPTEMBER 17, 2020

Take the electronic invoice, for example. Just because a supplier emails a PDF invoice, rather than mails a physical one, doesn't mean that the buyer can automatically ingest that document. Integrating financial systems and workflows with document management technology can support automated organization as well as data capture.

Accounts Payable 63

Accounts Payable Compliance Invoicing Finance 63

Future CFO

JANUARY 10, 2024

By embedding standardised settlement instructions into corporate financial systems, businesses can streamline their payment processes, whether it’s for supplier payments, client invoicing, or other financial transactions.

Accounts Payable 52

Accounts Payable Invoicing Financial Systems Accounting 52

CFO Share

APRIL 11, 2024

Vendor Fraud What is Vendor Fraud: This type of fraud occurs when hackers send fake invoices to the accounts payable (AP) inbox, masquerading as legitimate vendors. The goal is to trick the bookkeeper into blindly entering and paying the invoice without scrutiny.

Securities 52

Securities CFO Invoicing Education 52

Onplan

DECEMBER 16, 2021

Billings are what you invoice your customers. In the case of the example 3-year contract above, your billings are the annual amount you invoiced the customer—$10,000 each year. Of course, you can’t pay salaries with customer invoices either—it’s important to make sure you’re collecting your accounts receivables expeditiously.

GAAP 52

GAAP Invoicing Accounting Forecasting 52

Future CFO

JANUARY 22, 2024

Modern accounting software integrates seamlessly with diverse financial systems, automating tasks such as data entry, bank reconciliation, and invoice processing. Real-time Data Insights The advent of cloud-based accounting solutions has turned real-time financial data availability into a reality for businesses of all sizes.

Accounting 52

Accounting Reconciliations Financial Analysis Financial Data 52

PYMNTS

JANUARY 18, 2019

Unlike B2C eCommerce, B2B transactions require heightened visibility within supply chains — the ability to move large sums of money at set times, generation and management of invoices, purchase orders, payment contracts and more.

B2B 78

B2B eCommerce B2C Communication 78

PYMNTS

MARCH 23, 2016

Intacct has always believed that a company’s core financial system must be able to receive information from your other business systems and processes,” said Intacct VP of Business Development Scott Lumish in a statement.

Accounts Payable 40

Accounts Payable Accounting Invoicing Financial Systems 40

Beacon CFO Plus

MARCH 12, 2024

Adopting a proactive approach to cost control can enhance financial stability and improve overall profitability. Focus on optimizing cash flow by implementing effective invoicing and collection processes. Evaluate your company’s current financial systems and identify areas for improvement and automation.

Cash Flow Forecasting 52

Cash Flow Forecasting CFO Financial Analysis Invoicing 52

PYMNTS

FEBRUARY 7, 2018

Artificial intelligence (AI) is finding success in the back office, and that includes in financial systems and accounting departments. Take, for instance, the issue of customer engagement: It’s key to providing a good customer experience and to making sure clients pay their invoices as quickly and conveniently as possible.

Invoicing 43

Invoicing Corporate Finance Communication Accounts Payable 43

Global Finance

OCTOBER 11, 2024

million small-business clients, the bank broadened its suite of payment acceptance offerings, including invoicing and a tap-to-pay option allowing merchants to accept card payments via their mobile devices. Throughout 2023, JPMorgan Chase raised $2.3 A Rocky Road The world dodged a global recession in 2023 as global output growth shrank to 3.3%

Banking 111

Banking Foreign Exchange Profit and Loss Finance 111

PYMNTS

AUGUST 5, 2019

Using fraudulent vendor or client invoices grew, from 30 percent of sampled 2017 incidents, to 39 percent in 2018,” according to FinCEN. Micky.com reported that hackers “crippled” Lodi City in California phone lines and financial systems over a period of month, and demanded $400,000 in bitcoin. Targeting County Governments.

Construction 43

Construction Invoicing Treasury Accounting 43

PYMNTS

MARCH 22, 2016

In an announcement made Monday (March 21), the firm revealed plans to expand its partner program to link the solution to resellers and business process outsourcers, an effort the company said will hopefully make its Invoice-to-Pay product more available for mid-market businesses.

Accounts Payable 40

Accounts Payable B2B Invoicing Financial Systems 40

PYMNTS

AUGUST 17, 2018

In the past decade, mobqiuity® Money has helped many countries to bring millions of their unbanked citizens under formal financial systems and increase financial inclusion,” Comviva Chief Executive Officer Manoranjan Mohapatra said in the announcement. “We The idea behind the service is to serve both the banked and unbanked. “In

Invoicing 40

Invoicing Financial Systems Leverage Banking 40

PYMNTS

JUNE 1, 2017

With suppliers forced to wait longer to get paid, demand for supply chain financing among Chinese companies and their vendors could increase, with suppliers seeking working capital while they wait to see their invoices settled. One way China has aimed to stunt that outflow has been to target cross-border trade invoice fraud.

Finance 43

Finance Banking Invoicing Currencies 43

The Finance Weekly

SEPTEMBER 23, 2021

Accounting software can automate the process of sending invoices, calculating taxes, and preparing financial statements. Entrepreneurs may be able to get into new markets using these tactics, but the financial system is putting up significant barriers. However, managing automation isn't for everyone.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Profit and Loss Invoicing Accounting 52

PYMNTS

JANUARY 22, 2020

“By integrating CurrencyPay into the SmartEquip technology suite, processing payment will be easier than ever at all points of sale, including eCommerce, invoices and in-store transactions,” said Currency EVP Jered Takeuchi in a statement. Edenred Grows Payroll Card Presence. NY Labor Department Secures Payroll Card Win.

B2B 52

B2B Currencies Securities Invoicing 52

CFO Plans

AUGUST 9, 2024

Small business accounting solutions simplify financial management, offering tools for invoicing, payroll, and tax preparation. Accounting Consulting Tailored for Startups Startups face unique financial challenges that require specialized expertise.

Accounting 52

Accounting Tax Planning CFO Startups 52

PYMNTS

JUNE 18, 2019

“Data is scattered across supplier-relationship applications, ERP systems, financial systems and into production,” he explained. A similar movement is brewing within procurement, as organizations struggle to promote transparency within their supply chains, said Galbraith.

Compliance 50

Compliance Securities Invoicing Currencies 50

CFO Thought Leader

OCTOBER 6, 2024

But, recently, we have found that the CFO and the CIO now recognize that they need to work more closely together to drive greater investment in the modernization of financial systems. Things have changed. Because of COVID, people are more spread out.

CFO 52

CFO Leadership Tax Planning Problem Solving 52

PYMNTS

APRIL 12, 2016

Because virtual cards are just that — virtual — they automate the payment and reconciliation processes, connecting payment data directly into financial systems. The heightened spend controls of v-cards mean better financial data and a clearer vision of cash flow.

Nonprofit 40

Nonprofit Accounts Payable Reconciliations Cash Management 40

PYMNTS

MARCH 29, 2016

A few years ago, bitcoin supports were predicting a mass-overhaul of the global financial system thanks to the digital currency. The company provides ways for independent contractors not only to receive their payments from oversees clients, but to also invoice those corporate customers using blockchain technology.

Currencies 41

Currencies B2B Invoicing Technology 41

Future CFO

JANUARY 21, 2021

Equally important is supply chain financing, which touches on the topics of invoice and reverse factoring. Another reason for the inability to access real-time information is the use of financial systems that were not designed for ingesting real-time data. Becoming a strategic partner.

Treasury 52

Treasury Foreign Exchange Currencies CFO 52

PYMNTS

MAY 16, 2016

Between treasury management, accounting, invoicing, cash management and all the other money tools corporates have access to today, it’s a wonder CFOs can keep their heads on straight. Software-as-a-Service is just that — a service.

Treasury 41

Treasury Cash Management Accounts Payable Banking 41

PYMNTS

AUGUST 15, 2018

However, accounts payable (AP) service providers have more on their plate than simply making it easier for companies to pay their invoices digitally. B2B payments continues to enjoy its moment in the innovation spotlight, but the industry still has a long way to go if it’s going to beat the race against paper and manual processes.

B2B 40

B2B Accounts Payable B2C Reconciliations 40

PYMNTS

MARCH 18, 2016

The cloud has transformed virtually every industry, yet it’s had a lesser impact on the financial system to date, leaving banks and the businesses they serve without an efficient means to move money,” he said. But it’s only recently that FIs have been interested in the technology, Kriplani explained.

B2B 40

B2B Accounts Payable Banking Invoicing 40

CFO Talks

MARCH 19, 2024

This list should encompass both quick wins, such as automating invoice processing to improve cash flow management, and long-term objectives, like integrating AI-driven analytics for more accurate financial forecasting and strategic planning. Let’s explore how a CFO can effectively inspire and cultivate this culture of commitment.

CFO 52

CFO Communication Finance Budgeting 52

Global Finance

SEPTEMBER 5, 2024

Innovations in mobile banking, online and app-based payment, invoice management, and online currency exchange are some of the products that have arisen from the lab. One innovation that arose from the lab was Financial Manager Ailos 360°. It strives to provide financial and credit alternatives to these populations.

Startups 52

Startups Banking Finance Technology 52

PYMNTS

OCTOBER 8, 2018

Banks have earned the trust of people and businesses because they keep the money stored within them safe and keep the integrity of our financial system intact. Without moving the right data with the payment, it’s impossible to reconcile payments with outstanding invoices efficiently. They do that very well.

B2B 76

B2B Banking Economics Securities 76