PYMNTS

MAY 13, 2020

Accounts payable (AP) tools that provide quick, detailed oversights of businesses’ financial statuses and payments obligations can help pick up the pace of payments by keeping invoice approval processes on track. Three-Way Invoice Matching Brews Up Better AP Processes. Around The AP Automation World. Find the full story in the Tracker.

Invoicing 79

Invoicing Accounts Payable B2B Budgeting 79

PYMNTS

MAY 4, 2020

The Optimizing AP and AR Playbook , a collaboration between PYMNTS and OnPay Solutions , found last month that an estimated nine billion paper invoices are processed every year in U.S. For many suppliers, working remotely has driven AR departments to email invoices out to customers, if they hadn’t been doing so already.

Invoicing 66

Invoicing Accounts Payable Reconciliations B2B 66

PYMNTS

JANUARY 25, 2019

This week, Barclays and Santander InnoVentures demonstrated traditional banks’ interest in alternative finance when they led a nearly $34 million equity fundraise for invoice financing platform MarketInvoice. The firm plans to focus on expansion with the investment, targeting a customer base of 30,000 by 2022.

Invoicing 76

Invoicing Finance SAP B2B 76

PYMNTS

OCTOBER 1, 2019

Commercial payments firm Bottomline Technologies is rolling out advancements to its invoice automation platform that uses artificial intelligence (AI), the company announced in a press release on Tuesday (Oct. More than 400,000 companies use the Paymode-X platform to transfer B2B funds.

Invoicing 46

Invoicing Accounts Payable B2B Accounting 46

PYMNTS

JANUARY 6, 2020

where new research has found that fewer invoices were paid late to small businesses (SMBs) in 2019 than in 2018. based FinTech that positions itself as a provider of accounts receivable services to help small businesses recover revenue stuck in unpaid invoices. However, the bad news is that wait times for invoice payments in the U.K.

Invoicing 64

Invoicing Construction B2B Forecasting 64

Future CFO

JANUARY 30, 2021

However, as many will quickly learn, large enterprises often practice payment terms that can leave businesses hanging on to invoices they can’t really use to pay salaries or suppliers. Click here for a history of invoicing finance, including factoring and trade finance. Why a CFO should care about invoice factoring. What to do?

Invoicing 52

Invoicing CFO Finance Treasury 52

PYMNTS

APRIL 29, 2020

Numerous digital technologies have entered the business realm during the past few years, shifting how quickly companies expect their suppliers to fulfill their orders. Checks and paper invoices have long been integrated into supply chains from start to finish — and for well-established reasons, he said. “I

Invoicing 52

Invoicing B2B Accounts Payable Technology 52

PYMNTS

SEPTEMBER 4, 2018

How does one know when to leap into a new technology without getting hit with issues like implementation problems, technical challenges and the threat of a wasted investment? What’s more, how can a business feel confident in embracing a new technology when the next generation of an innovation could be just around the corner?

Invoicing 70

Invoicing Analyzing Data Technology Advertising 70

PYMNTS

DECEMBER 6, 2020

Procurement Partners , which works on procure-to-pay (P2P) services for healthcare providers, has received an investment from Serent Capital , according to a press release. Through 100 percent invoice integration, the service boasts improvements to savings, and offers a compliance audit feature that can help vendors cut spending.

Investments 60

Investments Healthcare Compliance Auditing 60

PYMNTS

JANUARY 14, 2021

Rho Technologies , the FinTech behind Rho Business Banking, has raised $15 million in a Series A round, according to a press release. Clients will be able to use the full AP automation, in which invoices are uploaded, approved, coded and paid within Rho's program.

Technology 67

Technology Accounts Payable Invoicing CFO 67

PYMNTS

OCTOBER 4, 2019

As part of that awareness, companies across all industries are realizing the strategic value of accounts payable (AP) automation and developing an understanding of emerging technology like artificial intelligence (AI) that plays a critical role in AP automation solutions. Another use case involves invoice ingestion.

Technology 56

Technology Accounts Payable Invoicing Education 56

PYMNTS

FEBRUARY 8, 2019

Financial data technology firm Validis is rolling out a new solution designed to automate month-end reconciliation processes for small business lenders and invoice financing firms. 7), Validis said it has rolled out DataShare Reconciliation for small business lenders offering Confidential Invoice Discounting (CID).

Invoicing 46

Invoicing Reconciliations Concentration Finance 46

PYMNTS

MARCH 16, 2018

Invoice financing company Invox Finance has officially kicked off its token sale. Buyers can access the Australian company’s Invox Finance platform, a peer-to-peer invoice financing portal that allows buyers and sellers to connect directly and swap data.

Invoicing 46

Invoicing Finance Sales Planning 46

CFO Network

MARCH 11, 2024

Effective cash flow management is crucial for sustaining day-to-day operations, investing in growth opportunities, and weathering unexpected financial challenges. One of the most common pitfalls in cash flow management for SMBs is delayed invoicing.

Accounts Payable 52

Accounts Payable Cash Flow Forecasting Invoicing Forecasting 52

PYMNTS

FEBRUARY 26, 2020

. “DadeSystems has developed a uniquely simplified process for managing account receivables by leveraging advanced data management and machine learning technologies,” said Tom Richardson, managing director for Wells Fargo Strategic Capital. and holds over 180 portfolio investments.

Investments 63

Investments Invoicing B2B Leverage 63

PYMNTS

AUGUST 8, 2018

From receiving invoices in the preferred format, to paying suppliers in the preferred rail and enabling both sides to reconcile the transaction, a lot of friction, errors and cybercrime plague AP departments today. “Customers want the freedom to change the payment provider, and not be dependent on the same system.”

Invoicing 48

Invoicing Accounts Payable Communication B2B 48

Bramasol

MAY 23, 2024

Previous episodes in this Insights Series have explored the challenges created by new Digital Solutions Economy paradigms for billing, fulfillment, invoicing, revenue accounting, and compliance across a wide range of industries.

Compliance 95

Compliance SAP Accounting Invoicing 95

PYMNTS

MAY 28, 2020

The FinTech enterprise Software-as-a-Service (SaaS) company, which is focused on automating treasury management and order-to-cash processes, said the new technology reinforces its investment and plan to make AR automation an important driver for business expansion, according to an announcement.

Technology 52

Technology Reconciliations Accounts Payable Credit Risk 52

PYMNTS

AUGUST 9, 2020

Due to the SAP Ariba Network, suppliers have access to better visibility for invoices and orders, with the ability to self-manage account information, submit invoices electronically and receive new purchase orders. Strides have been made lately toward eliminating late invoice payments, PYMNTS reported.

SAP 144

SAP Invoicing Education Risk Management 144

PYMNTS

MARCH 15, 2019

Investors targeted the alternative small business lending market, particularly in the trade finance arena, but it was the human resources management and talent retention space that saw the largest investment round of the week. The company, based in Singapore, saw the Series B investment led by FMO, based in the Netherlands.

B2B 57

B2B Investments Invoicing Startups 57

Future CFO

AUGUST 1, 2023

The demand for mobile wallets, online banking services, and the increasing adoption of digital technologies has led to the expansion of the financial applications market in Asia/Pacific. 49% of mid-size enterprises plan to automate billing and invoicing processes via cloud applications in the next 18 months.

Invoicing 98

Invoicing General Ledger Reconciliations Budgeting 98

PYMNTS

APRIL 22, 2019

Digital payments entity and eCommerce platform Infibeam Avenues and blockchain startup Primechain Technologies have announced a partnership to implement a cross-border blockchain invoicing platform for the $12 trillion global trade finance market.

Invoicing 43

Invoicing Finance Pharmaceutical Auditing 43

E78 Partners

MAY 8, 2024

Organizations of different scales that have invested in ServiceNow want to use their ITSM platform to handle TEM and increase operational effectiveness. This might involve renegotiating contracts with service providers, consolidating services, implementing usage policies, or adopting new technologies for cost efficiency.

Leverage 52

Leverage Auditing Compliance Invoicing 52

PYMNTS

SEPTEMBER 24, 2019

financial institution Nationwide Building Society has made an investment in open banking FinTech BankiFi , the companies revealed in an announcement Monday (Sept. Nationwide did not disclose the value of its investment in the company, though the firms noted that the funding comes as the bank plans to launch its own business current account.

Investments 53

Investments Banking Startups Invoicing 53

PYMNTS

DECEMBER 15, 2017

Complex on so many levels, especially when it comes to payments and, more specifically, invoicing, where demands for payment are tracked through paper and electronic means. Flywire’s background in the healthcare and education space, along with its existing invoicing system, helped assist these businesses in new ways.

Invoicing 48

Invoicing Reconciliations Currencies Foreign Exchange 48

PYMNTS

AUGUST 9, 2017

That’s because these companies are often working onsite and in the field, therefore having to issue invoices and accept payment on-the-spot, too. Business owners also expressed an inability to build inventory, invest in advertising or pay for wage increases or bonuses for their employees.

Invoicing 45

Invoicing Advertising Cash Management Securities 45

PYMNTS

JANUARY 5, 2017

Technology firm Ricoh is jumping into B2B payments with a new service aimed at digitizing accounts receivable processes. Ricoh Canada revealed this week the launch of its eInvoice Presentment & Payment Service, a solution to help businesses provide electronic invoices to clients and accept payment.

Invoicing 40

Invoicing B2B Accounts Payable Reconciliations 40

The Finance Weekly

APRIL 13, 2024

These tools offer capabilities ranging from spending tracking and improved budgeting to making informed investment choices. This type of software assists users in closely monitoring their expenditures and crafting efficient budgets, as well as guiding them through the nuances of investment decisions.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Invoicing Budgeting 52

PYMNTS

JUNE 7, 2018

One of the things that becomes clear very early on is to be disciplined about the segments of the big umbrella of SMBs that BlueVine wanted to target, so that their products, credit underwriting and technology can support the delivery of loans that fit the needs of those segments. Who They Serve. Fun with Factoring and the Future.

Invoicing 49

Invoicing Data Analysis Credit Risk Risk Management 49

PYMNTS

JUNE 23, 2017

Alternative lending platform Validus is deploying Visa virtual card technology to help small and medium-sized enterprises in Singapore with unpaid invoices access working capital, according to an announcement Thursday (June 22). Validus operates a platform through which investors can provide financing to SMEs directly.

Invoicing 55

Invoicing Risk Analysis B2B Finance 55

Future CFO

APRIL 22, 2024

Source: Gartner 10 digital must-do for CFOs With the new advancements in technology that are coming in left and right, finance leaders and teams are expected to face challenges in talent, what with all the requisites of attraction, acquisition, and retraining. It is no longer in the background,” Cheah adds. Yes, companies are doing that.

Finance 98

Finance Budgeting Accounts Payable Concentration 98

PYMNTS

APRIL 15, 2016

According to new data from PitchBook and reports from Reuters on Thursday (April 14), B2B startups are receiving venture capital at impressive rates, with growth in VC investments surpassing that of B2C startups. Invoice financing has achieved new popularity among SMEs as their large corporate buyers stretch out payment terms.

Invoicing 40

Invoicing Finance B2C B2B 40

PYMNTS

AUGUST 13, 2019

12) that ASB Bank has invested in TradeWindow with funds that will support the startup’s ongoing development of a distributed ledger technology-powered trade platform. TradeWindow allows all relevant documents — from certificates to invoices — to be exchanged digitally using one touchpoint.”. Reports in Scoop.co.nz

Startups 53

Startups Investments Banking Invoicing 53

PYMNTS

NOVEMBER 3, 2020

FLEETCOR is looking to invest $1 billion this year, despite an M&A slowdown in the payments sector due to the ongoing pandemic. He noted that Bill.com, which received an investment from FLEETCOR in April 2019, held a successful initial public offering (IPO) in December. People want to wait until the recovery happens.”.

Investments 56

Investments B2B Foreign Exchange Invoicing 56

Future CFO

APRIL 28, 2024

Professional accountants thereby are well placed to help their respective organisations to understand and capitalise on the benefits of AI adoption to support the business case for investment. AI tools at present are already being used to automate a range of standard finance processes, such as data entry and invoice processing.

Accounting 52

Accounting Auditing Invoicing Finance 52

PYMNTS

JULY 13, 2020

As it looks to develop its hyperautomation technology, robotic process automation (RPA) company UiPath has notched $225 million in an Alkeon Capital Management-led Series E investment round at a $10.2 UiPath said it would harness the funding to expand upon its research and development (R&D) investment.

Accounts Payable 75

Accounts Payable Invoicing Valuation Investments 75

PYMNTS

MAY 19, 2017

Find out which startup landed the cash, along with the other B2B startups that saw their share of investments this week, below. AKUA deploys Data-as-a-Service technology that integrates into existing data analytics platforms to provide real-time information for logistics companies and other members of the global supply chain.

B2B 61

B2B Investments B2C Cash Management 61