Remove Forecasting Remove Invoicing Remove Reconciliations Remove Treasury
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New Year’s Resolution: The Clearing House Urges Banks To Become 24/7 Operations

PYMNTS

“One thing is customer service, but the other is liquidity management or cash flow forecasting, and that's new to a lot of organizations.”. To facilitate this transition in handling 24/7 cash flow, Whisler said TCH offers services such as intraday reconciliation. when businesses or consumers need to deliver or receive goods, she said.

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Canada’s Path Toward B2B Payables Modernization

PYMNTS

Lisa Lansdowne-Higgins, vice president of business deposits and treasury solutions at the Royal Bank of Canada (RBC), recently told PYMNTS that these three disruptors have a significant opportunity to shake up accounts payable processes thanks to the impact they have on data. Open Banking. Bank-FinTech Collaboration.

B2B 62
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How AR Can Usher The Legacy Lockbox Into The Digital Age

PYMNTS

the ability to not only receive a check payment, but know what invoice that check is for), is a functionality with which many electronic payment solutions today continue to struggle. It enables payment information to travel with the payment so that the payment can be properly applied to the appropriate invoice,” he said. “In

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Virtualized B2B Payments: Poised To Kill The Paper Check — And The Plastic Card

PYMNTS

Those pain points center around cash flow, manual processes (where employees match invoice and payment data), and the management of suppliers. The enhanced data they’re able to generate through virtualization simplifies reconciliation and gives them access to reporting, enabling them to better forecast future cash flows,” Blair explained.

B2B 93
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A ‘Payment-Agnostic’ Approach To Accounts Payable

PYMNTS

There are a lot of treasury management issues out there that need to be addressed,” he told PYMNTS in a recent interview. Data is key to addressing those pain points like identifying instances of fraud or promoting automated reconciliation. That’s among ePayRails’ goals as it continues to build out its Payments Hub following a $2.45

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Mid-Year Update on Key Trends to Watch

Bramasol

By analyzing large volumes of data and identifying patterns and trends, AI systems offers valuable insights for market analysis, customer segmentation, demand forecasting, and strategic planning. Smart Process Automation: AI-powered automation can streamline and optimize various B2B processes, leading to increased efficiency and cost savings.

SAP 78
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The Convergence Of Trade Finance And Trade Credit Insurance

PYMNTS

Meanwhile, the trade credit insurance market has progressed along its own separate trajectory of innovation and FinTech disruption, with service providers targeting smaller vendors as potential customers that need to insure their invoices against nonpayment. ”

Finance 63