PYMNTS

JULY 10, 2019

The payments and technology giant announced Tuesday (July 9) the rollout of its Virtual Card Receivables Service, a tool to digitize the virtual card payment acceptance and reconciliation process for businesses. We are excited to work with a global payments leader like Mastercard,” said VersaPay CEO Craig O’Neill in another statement.

Cash Flow Forecasting 62

Cash Flow Forecasting Reconciliations Invoicing B2B 62

CFO Leadership

OCTOBER 10, 2023

Many have since advanced to intelligent process automation (IPA) — RPA amplified with artificial intelligence (AI) — to streamline and improve more complex work, from tax and compliance reporting to financial statement reconciliation. What data governance, privacy and security procedures do we have in place or need?

Financial Planning and Analysis (FP&A) 115

Financial Planning and Analysis (FP&A) Finance Compliance Forecasting 115

Future CFO

AUGUST 2, 2020

Excel remains the de facto standard for planning – users can quickly, cost-effectively and independently conduct budgeting, and forecasting. At the same time, the disadvantages are unavoidable – prone to errors, time-consuming, lacking in modern data security & compliance standards, and often become simply unmaintainable over time.

Planning 40

Planning Reconciliations Budgeting Auditing 40

Spreadym

JUNE 19, 2023

Here is a general process for effective cash flow management: Establish a Cash Flow Forecast: Begin by creating a cash flow forecast, which estimates the expected cash inflows and outflows over a specific period (e.g., This forecast serves as a baseline for monitoring and planning your cash flow.

Cash Flow Forecasting 52

Cash Flow Forecasting Invoicing Forecasting Accounts Payable 52

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.”. To facilitate this transition in handling 24/7 cash flow, Whisler said TCH offers services such as intraday reconciliation.

Cash Flow Forecasting 139

Cash Flow Forecasting Banking Education Reconciliations 139

PYMNTS

JANUARY 19, 2021

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. Security is improved, too, as suppliers don’t have to retain sensitive card information, which may make them vulnerable to cyberattacks.

B2B 93

B2B Invoicing Reconciliations Treasury 93

CFO Leadership

MARCH 31, 2022

Global operations make it more challenging for small treasury teams in mid-market companies to handle day-to-day operations efficiently and securely. They need global structures, processes and policies that facilitate efficiency, visibility, control, security, and compliance. Forecast future cash flows. And they need technology.

Treasury 52

Treasury Cash Management Currencies Reconciliations 52

The Finance Weekly

FEBRUARY 22, 2023

This includes raising capital, managing cash flow, accurately accounting for business activity, and forecasting future performance. Hence, the CFO must be able to , narrate the financial story that complements the company's vision, strategy, and product offerings to secure and retain investors.

Startups 52

Startups Finance CFO Forecasting 52

PYMNTS

NOVEMBER 24, 2020

Estimates from from Frost & Sullivan earlier this year forecast the B2B eCommerce market to hit more than $6.6 There is also a slew of manual work typically linked to other processes including administrative tasks like invoicing and reconciliation. trillion worth of sales — significantly more than the estimated $3.2

B2B 72

B2B eCommerce B2C Reconciliations 72

The Finance Weekly

OCTOBER 30, 2023

Leading software leverages , AI to automate tasks like transaction categorization and account reconciliation. Cash Flow Analysis: AI-driven cash flow planner forecasts future finances, aiding proactive planning. AI Benefits to Businesses AI-driven tools prove invaluable for small businesses in financial management.

Reconciliations 52

Reconciliations Forecasting Leverage Technology 52

Jedox Finance

AUGUST 23, 2022

Increasing need for better reconciliation calls for integrated planning. Increasing need for better reconciliation calls for integrated planning. After all, the solution should not only replace old technology with new but should also secure a long-term advantage for the organization. Incorporate current forecasts and prognoses.

Planning 52

Planning Budgeting Forecasting Reconciliations 52

PYMNTS

APRIL 14, 2020

As a treasurer, maybe you would conquer the first few things, which are visibility and reconciliation, and then you would move into other niche areas that you want to automate further to add strategic value to the business.”. “Digitization is not about reaching a destination as you are constantly pushing the envelope,” Rangachari said. “As

Cash Flow Forecasting 92

Cash Flow Forecasting Treasury Foreign Exchange Benchmarking 92

Spreadym

AUGUST 10, 2023

Security: Robust security measures to protect sensitive financial data and prevent unauthorized access. Spreadym Spreadym is a financial planning and analysis (FP&A) software designed to enhance planning, budgeting, forecasting and financial reporting processes within a company.

Financial Reporting 52

Financial Reporting Financial Planning and Analysis (FP&A) CFO Accounting Standards 52

PYMNTS

OCTOBER 31, 2019

One of their biggest benefits for users is not only its ability to offer a secure location in which to receive paper checks; the lockbox is also critical to receiving documentation about a transaction. Lockbox services may seem outdated in today’s ecosystem of electronic payments and cloud-based financial management platforms. “In

Reconciliations 43

Reconciliations Invoicing B2B Treasury 43

PYMNTS

MARCH 17, 2020

While banks provide the global scale and security treasurers need, FinTechs can provide targeted solutions and an elevated user experience. If I’m real-time on the front end, how do I think about back-end reconciliation? But as Cao said, treasurers don’t necessarily have to choose one or the other when choosing to adopt new solutions.

Treasury 69

Treasury Reconciliations Banking Compliance 69

PYMNTS

JUNE 11, 2020

One of the most critical factors in any decision is how secure a system is,” said Anderson. The integration includes short-term cash flow forecasts as well as a “snapshot” feature for SMBs to compare different cash flow periods. ”

B2B 52

B2B Accounts Payable Cash Flow Forecasting Reconciliations 52

PYMNTS

JANUARY 31, 2018

The movement of information is filled with friction in B2B transactions today, with deals across borders and between third- and fourth-parties, creating a muddle of data that can delay supplier payments and disrupt the reconciliation process. Purchase orders can be sent digitally,” he said, as an example.

B2B 43

B2B Education Forecasting B2C 43

PYMNTS

DECEMBER 11, 2019

It is clear that as an industry we could do more to assure businesses of the security measures in place and demonstrate the tangible benefits of open banking and connected technology,” he added. Cash flow remains the No. 1 reason for small business failure, and with half of businesses that start in the U.K.

Banking 52

Banking Foreign Exchange Reconciliations B2B 52

PYMNTS

MAY 14, 2018

There might be a longer-term benefit, but it’s harder to forecast a return on what it would cost to implement.”. Security concerns and timing of reconciliation would be the main barriers to consumer adoption,” he said Monday (May 14). Yet, Cobb said, the idea faces significant challenges — especially in the United States.

Accounting 40

Accounting Banking Reconciliations Transportation 40

Onplan

AUGUST 2, 2021

FP&A software allows secure and confidential cross-company collaboration . For example, HR departments may be worried about the security of individual salary details. This allows the finance department to spend less time on low-value activities such as record keeping, data updates, and reconciliations.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Leverage Reconciliations 52

Onplan

AUGUST 2, 2021

FP&A software allows secure and confidential cross-company collaboration . For example, HR departments may be worried about the security of individual salary details. This allows the finance department to spend less time on low-value activities such as record keeping, data updates, and reconciliations.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Leverage Reconciliations 52

Planful

JULY 27, 2016

Lack of security sending budgeting spreadsheets via email. Lack of security. Better security. Streamline adjustments and intercompany reconciliations by 50 – 80%. The key challenges in using spreadsheets and email for budgeting and planning: Too much manual work – the process takes too long. Reduced reliance on IT.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Planning Value-Added Analysis Budgeting 40

PYMNTS

DECEMBER 1, 2016

For corporate payments, that could mean more accurate cash flow forecasting, fraud identification or more efficient reconciliation. The rise in Big Data, for instance, has encouraged the exploration of new ways to make use of digital payments data. “It means we have more control over the underlying data,” Scott said.

B2B 58

B2B Cash Flow Forecasting Auditing Reconciliations 58

PYMNTS

AUGUST 12, 2016

Reconciliation becomes a massive headache for the institution, especially when tens of thousands of remittances hit them at one time, which is the nature of the tuition payments beast. It also reported losses – but losses that weren’t as bad as forecasted. But is FireEye’s fizzle this week a security sizzle?

Reconciliations 40

Reconciliations Prioritization Securities Banking 40

Barry Ritholtz

OCTOBER 3, 2023

So then we decided, look, look, maybe we should put all of these businesses together and create a securities division. And that’s how we created the securities division. We now had the securities business. And the credit fund had bought a debt security from one of the, their private equity’s own deals.

Marketing 108

Marketing Treasury Banking Profit and Loss 108