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The evolution of accounting

Future CFO

The accounting industry is undergoing profound transformation due to rapid technological advancements across all sectors in the market. Modern accounting software integrates seamlessly with diverse financial systems, automating tasks such as data entry, bank reconciliation, and invoice processing.

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How 'Internet Of Systems' Can Drive SMB Finance Transparency

PYMNTS

Centered around breaking down silos, IoT technology not only encourages the digitization of everyday items like kitchen appliances and shipping containers, but also collects data from those products, centralizes that information, and introduces new opportunities for automation and analysis. A Decade Of Disparate Technology.

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Flywire: ‘I Wish For Embedded Payments To Become Ubiquitous In 2021’

PYMNTS

To get there will require solutions that integrate directly into an organization’s existing AP and AR workflows, whether that means connecting to the business’ ERP system or streamlining processes and complexities with global FX, reconciliation and cash flow management. It doesn’t have to be complicated, though.

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The Rapid Rise Of Real-Time Payments

PYMNTS

But financial institutions (FIs) and others are starting to imagine wider possibilities for RTP, as the technology does more than just send funds fast. The suite of RTP functionality is also gaining fans, especially among firms in the financial firms and technology sectors. Banks, FinTechs Race to RTP Glory.

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The Virtual Card Case For Nonprofits

PYMNTS

The nonprofit industry has a lot to gain from this payment technology, claims a new whitepaper from vendor management consulting firm Vendor Centric. Because virtual cards are just that — virtual — they automate the payment and reconciliation processes, connecting payment data directly into financial systems.

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Higher Education Learns The Value In Procurement Spend Visibility

PYMNTS

That not only limits spend visibility, explained Anthony Rotoli, CEO of procurement and spend management technology provider ESM Solutions , but can expose higher education organizations like universities to risks, including fraud. Many entities in this space, however, struggle to gain a clear picture of where the money is going.

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What B2B Payments Providers Get Right — And What Still Needs Work

PYMNTS

Today, their technologies must communicate with existing infrastructures as systems migrate to the cloud, address the points of friction before and after payment, and support the needs of not only the corporate payer, but of the payee, too. Overall, the space is taking a positive approach to change. In the U.S.,

B2B 40