Bramasol

MARCH 31, 2023

According to SAP's high-tech industry executive Patrick Maroney , " Offering a usage- or subscription-based solution entails a fundamental change in your business model, whereby there is synchronization and native integration between commerce, configuration, pricing, quotation, finance, supply chain, billing/invoicing and entitlement management. "

SAP 84

SAP Compliance Invoicing B2C 84

PYMNTS

JANUARY 8, 2021

“One thing is customer service, but the other is liquidity management or cash flow forecasting, and that's new to a lot of organizations.”. There’s also a messaging component that goes along with RTP payments, which includes vital information like confirmation of payment or requests for details if an invoice was partially paid. “So

Cash Flow Forecasting 139

Cash Flow Forecasting Banking Education Reconciliations 139

Bramasol

JULY 31, 2023

Going forward, the current integration approach also lays a foundation for further migration from SD to other SAP solutions, such as RAR, Convergent Invoicing in Quote-to-Cash, and to S/4HANA.

Accounting 75

Accounting SAP GAAP IFRS 75

Strategic Treasurer

JANUARY 3, 2022

Host Craig Jeffery kicks off the 2022 Outlook series with a conversation with Jon Paquette, Senior Financial Solutions Expert at TIS (Treasury Intelligence Solutions), on the outlook of payments. They discuss technology developments that will likely have the biggest impact on treasury in 2022. Host: Craig Jeffery, Strategic Treasurer.

Treasury 52

Treasury Cash Flow Forecasting Forecasting Banking 52

PYMNTS

JANUARY 19, 2021

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

B2B Invoicing Reconciliations Treasury 93

PYMNTS

OCTOBER 31, 2019

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

Reconciliations 43

Reconciliations Invoicing B2B Treasury 43

Bramasol

MAY 31, 2023

In some cases, a full-stack deployment makes sense however in other scenarios, companies may be best served by combining one or more specific applications such as Subscription Billing, Convergent Invoicing, Convergent Charging, Sales Order Management, Convergent Mediation, Sales & Distribution, etc.,

SAP 76

SAP Compliance Transportation Leverage 76

Future CFO

MARCH 29, 2021

Automation will give finance leaders deep insight into all their financial transactions which they currently cannot achieve especially where paper-based or email-based invoices as those invoices usually sit in email inboxes or on someone's desks. Recurring pain points in accounts payables. Benefits of automating accounts payables.

Accounts Payable 52

Accounts Payable Accounting SAP Invoicing 52

Bramasol

OCTOBER 31, 2023

However it's important to keep in mind that not all of these elements need to be deployed for every implementation.

SAP 65

SAP IFRS Compliance Construction 65

PYMNTS

JULY 10, 2019

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.

B2B 62

B2B Accounts Payable Mergers and Acquisitions (M&A) Reconciliations 62

PYMNTS

AUGUST 8, 2019

There are a lot of treasury management issues out there that need to be addressed,” he told PYMNTS in a recent interview. Jackman emphasized the opportunity in helping businesses anticipate their cash flow needs by using data analytics to forecast an upcoming slow season or cash flow crunch.

Accounts Payable 57

Accounts Payable Accounting B2B Reconciliations 57

Future CFO

APRIL 21, 2021

Manual AP invoicing has been outdated and inefficient for years now, so when business across the globe encountered significant disruptions, companies with digital transformation still on their to-do lists felt the impact on their operations far more than those already using automation. Eliminating manual processes.

Accounts Payable 40

Accounts Payable Accounting Invoicing Finance 40

PYMNTS

JUNE 8, 2020

“Some of those large financial institutions are not forecasting the requirements of having the same amount of office space,” he said. “Now, you have huge fluctuations with currency and treasury,” he said. ” Prolific Impacts. . ” Prolific Impacts. ” Overcoming Change Inertia.

Accounts Payable 60

Accounts Payable Invoicing Treasury Budgeting 60

Bramasol

JUNE 30, 2023

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 76

SAP B2B Leverage Analyzing Data 76

Bramasol

OCTOBER 31, 2023

However it's important to keep in mind that not all of these elements need to be deployed for every implementation.

SAP 52

SAP IFRS Compliance Construction 52

PYMNTS

MARCH 13, 2019

Manual, paper-based invoicing systems are objectively worse in every metric when stacked against automated, digital AP systems that leverage straight-through processing. When done wrong, automation can be every bit as time-consuming and costly as manual invoice processing. Over time, he noted, accounts payable isn’t costing money.

Accounts Payable 44

Accounts Payable Accounting Invoicing Benchmarking 44

PYMNTS

DECEMBER 26, 2019

On the cusp of a new year, and a new decade, this trend will continue, according to Deluxe Treasury President and CEO Barry McCarthy. In other words, AR innovations have to keep in mind the businesses receiving those invoices and making payments on their AP sides of transactions as well.

Accounting 53

Accounting B2B Accounts Payable B2C 53

PYMNTS

APRIL 9, 2019

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

Finance Cash Flow Forecasting Reconciliations Treasury 63

PYMNTS

MAY 11, 2018

The potential cannot be ignored, however – particularly in the finance department, where information from accounts payable, accounts receivable, treasury and accounting hold the keys to insight into cash flow, predictable payment behavior and new opportunities to boost the bottom line. That complexity has corporates missing out on money.

Accounts Payable 40

Accounts Payable Treasury SAP Forecasting 40

PYMNTS

JUNE 30, 2016

Companies considered the AP unit as far less collaborative with the finance and treasury departments, researchers found. Ardent Partners found that 71 percent of companies leverage AP data when handling invoice exceptions, and 67 percent said they leverage that data to improve collaboration between the finance and procurement department.

Accounts Payable 41

Accounts Payable Invoicing Leverage Treasury 41

CFO Leadership

MARCH 31, 2022

Cash forecasting is meant to drive smarter business decisions in all economic climates. Many finance teams —empowered by broader treasury digitization and technology breakthroughs — are now embracing new forecasting solutions that use machine learning to harness data and improve confidence. Full Article at Bank of America.

Forecasting 52

Forecasting Treasury Leadership Economics 52

PYMNTS

MARCH 26, 2018

SWIFT added that enhanced tracking capabilities support faster, automated and accurate reconciliation of payments and invoices, reduce FX risk exposure, and boost cash flow forecasting abilities.

Cash Flow Forecasting 43

Cash Flow Forecasting Reconciliations Invoicing Forecasting 43

Bramasol

APRIL 26, 2023

As shown below, the current Quote-to-Cash portfolio from SAP (formerly known as BRIM) includes Subscription Order Management (SOM), Convergent Charging (CC), Convergent Mediation (CM), Convergent Invoicing (CI), Corporate Finance Management (CFM) and Revenue Accounting & Reporting (RAR).

SAP 86

SAP Corporate Finance Compliance Invoicing 86

Future CFO

APRIL 7, 2022

As a SaaS-based platform, SAP Concur connects expense, travel and vendor invoice spending in one system providing a single way to manage spending from end to end for greater visibility into transactions, improve compliance, and simplify the process for everyone – finance and employees.

Finance 98

Finance SAP Leadership Cash Management 98

Planful

JANUARY 3, 2017

Treasury and cash management. Orchestrating and managing a rolling forecast process. What-if modeling of different financial or operational scenarios (M&As, reorganizations, new product or market entry, long-range planning, cash flow forecasting, etc.). Accounts payable. Order processing and billing. Fixed asset management.

General Ledger 40

General Ledger Budgeting Forecasting Cash Flow Forecasting 40

PYMNTS

FEBRUARY 9, 2018

Instead, VCs leaned conservatively toward a mix of B2B FinTechs operating in the financial management space for small businesses (SMBs) and in the treasury management market for mid-level and larger enterprises. Treasury Management. The company provides cash and treasury management solutions. Corporate Accounting.

B2B 40

B2B Cash Flow Forecasting Treasury Startups 40

PYMNTS

MARCH 5, 2018

More recently, the Association for Financial Professionals’ (AFP) 2017 Risk Survey found nearly half of businesses say their exposure to uncertainty is higher than it was three years ago, and 51 percent say forecasting risks will be more difficult three years from now than it is today. This is typically very cheap — very, very cheap.

B2B 42

B2B Cash Management Treasury Risk Management 42

PYMNTS

MAY 23, 2016

The treasury management firm’s annual survey found not a single financial professional surveyed believed they had complete visibility into corporate cash positions. Greater visibility of risk exposure could help lessen the impact of late invoice payments.

B2B 40

B2B Invoicing Prioritization Credit Risk 40