PYMNTS

JUNE 23, 2020

As a company that incentivizes companies to pay their invoices earlier, Peasy is aiming to address some of the cash flow issues that have yet to fully materialize as the fallout from the global pandemic comes into clearer view. That’s one prediction from David Landsberg , co-founder and CEO of newly-launched Peasy. A Dynamic Incentive.

Invoicing 52

Invoicing B2B Manufacturing Finance 52

PYMNTS

JUNE 17, 2020

To provide small companies with accounts payable (AP) automation, Medius is bringing its MediusGo invoice automation product to the American market. More than 6 in 10 — or 62 percent — of SMB invoices are based on hard copies, with the inclusion of an email with a PDF as an attachment.

Invoicing 52

Invoicing Accounts Payable Marketing Manufacturing 52

PYMNTS

MAY 1, 2019

Payments solution provider Delego is rolling out its invoice presentment and payment solution, PayCenter, a SAP-integrated tool, to digitize and streamline accounts receivable. Delego’s PayCenter offers Delego RapidPay, which supports ACH, card, digital wallet and other payment methods when invoices are presented.

Invoicing 54

Invoicing SAP B2B Manufacturing 54

PYMNTS

DECEMBER 5, 2019

manufacturing sector, valued at approximately $2.4 manufacturing has encountered significant damage recently over the ongoing trade war with China. Smooth cash-flow operations will be essential for manufacturers to successfully navigate a challenging economic period. However, U.S. In fact, the U.S. Understanding O2C Upgrades.

Manufacturing 52

Manufacturing Invoicing Accounting Finance 52

PYMNTS

MARCH 22, 2019

One way to secure funding is to use invoice financing. USD equivalent to help fund its efforts to help companies secure loans against invoices (through linkups with investors) using blockchain and artificial intelligence. To that end, Netherlands startup Finturi earlier this month said it had secured $2.2

Invoicing 65

Invoicing Finance Manufacturing Securities 65

Creative CFP

OCTOBER 2, 2018

Method 2 - The monthly manufacturing process (no finished goods are represented in inventory) The basic idea behind this approach is to buy in raw materials, and track the quantity and value of those raw materials. You then manufacture and sell a tricycle. If you check your balance sheet you will see the inventory is still there.

Manufacturing 52

Manufacturing Profit and Loss Sales Invoicing 52

PYMNTS

MARCH 8, 2019

Invoice fraud, where emailed requests trick employees of various firms into sending money to scammers’ bank accounts, has been making the rounds in the United Kingdom. As much as £49 million (just over $64 million USD) were lost to invoice fraud, as measured through the first half of last year.

Invoicing 59

Invoicing Accounting Manufacturing CFO 59

CFO Plans

MAY 16, 2024

Whether managing small business accounting services or overseeing financial reporting for manufacturing, having real-time data at your fingertips is invaluable. Routine tasks like invoicing, expense tracking, and financial reporting can be automated, freeing up time for CFOs and their teams to focus on more strategic initiatives.

Accounting 52

Accounting Compliance Manufacturing CFO 52

PYMNTS

DECEMBER 28, 2020

Six months in prison will be served by the CEO of a children's apparel company after being found guilty of invoice fraud, a notice from the U.S. According to the DOJ, the CEO was involved in a scheme in which the executive intentionally understated the value of goods on an invoice in order to avoid custom duties owed to the U.S.

B2B 116

B2B Accounts Payable Invoicing Manufacturing 116

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

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

CFO News

DECEMBER 20, 2022

Foxconn India is one of the key manufacturers of Apple iPhones in India, and is part of the Taiwan-based Foxconn group, which is the world's largest manufacturer and assembler of mobile phones.

Manufacturing 52

Manufacturing Invoicing 52

Navigator SAP

FEBRUARY 17, 2022

Benefits of Cloud ERP in Finance Departments and Other Business Functions Cloud ERP software simplifies operations by allowing your business to centralize documents, create templates, automate and streamline processes, and track manufacturing and distribution progress in real time.

SAP 130

SAP Invoicing Manufacturing Compliance 130

Bramasol

MARCH 20, 2024

In addition, geopolitical concerns about semiconductor IP and manufacturing are also significantly influencing decisions on where semiconductor foundries and assembly facilities should be located and whether advanced chip designs should be banned from export to certain countries. increase to $633 billion in 2024.

SAP 92

SAP Compliance Manufacturing Leverage 92

Future CFO

JULY 27, 2021

Headquartered in Prerov in the Czech Republic and operating manufacturing facilities in the Czech Republic and the United States, Meopta has a rich tradition of developing, manufacturing and assembling world-class optical, optomechanical and optoelectronic products.

Accounts Payable 52

Accounts Payable Invoicing Manufacturing Accounting 52

PYMNTS

DECEMBER 10, 2019

In 2019, 42 percent of B2B invoices were paid by paper check. Add to that image, this one: PYMNTS research finds that nearly 44 percent of invoices are still sent by fax machine and over 72 percent arrive via USPS. There’s a quiet crisis in American manufacturing, and no, for once it’s not China. In America’s $2.4 Late Again.

Manufacturing 52

Manufacturing Invoicing B2B Accounting 52

PYMNTS

OCTOBER 10, 2019

Along the manufacturing supply chain, the order to cash cycle can be anything but orderly. That’s because the relationships between manufacturers and their suppliers can span a broad range of payment types and currencies as transactions cross borders. percent of invoices are still delivered via fax machine and 72.4

Manufacturing 46

Manufacturing Invoicing eCommerce Compliance 46

PYMNTS

JUNE 4, 2019

The publication highlighted Michelle Chan, the owner of a Hong Kong company that manufactures accessories for brands sold in Sears stores. million in unpaid invoices with Chan’s company, Mien Co. The news outlet said the unpaid invoices with Mien were for goods already shipped to Sears. ”

Invoicing 67

Invoicing Manufacturing Restructuring B2B 67

CFO Simplified

SEPTEMBER 16, 2022

Utility companies for electricity, water, and natural gas used in the manufacturing process. Think about all of the processes your business uses each day… Purchasing, manufacturing, receiving materials or inventory, shipping orders, invoicing customers, collecting customer payments, paying suppliers, and many others.

Accounts Payable 52

Accounts Payable Invoicing Risk Management Accounting 52

PYMNTS

NOVEMBER 16, 2020

155 percent more cases of invoice and payment fraud hit organizations from Q2 to Q3 , the latest analysis from Abnormal Security has found. The individuals are then said to have submitted fraudulent invoices to the university from the fake company, routing the payments to their personal accounts.

Invoicing 96

Invoicing Securities B2B Manufacturing 96

Future CFO

JANUARY 2, 2024

Chief financial officers in the Asia-Pacific across various sectors such as financial services, life sciences and health care, manufacturing, public sector, TMT, energy and resources, and consumer business are generally optimistic and neutral about the regional economic outlook.

Economics 52

Economics Concentration CFO Invoicing 52

PYMNTS

NOVEMBER 4, 2020

"In a limited span of three years, we have been able to generate business of 18 billion by enabling trade between 200,000 buyers and 20,000 sellers with zero-ground staff across 65 countries serviced by manufacturers based out of 14 countries.".

B2B 117

B2B Vendor Management Invoicing Manufacturing 117

CFO Simplified

JUNE 23, 2022

Codes and processes Accounts Payable invoices. Evaluation of manufacturing costs to identify opportunities for cost savings or abnormalities. Here’s a list of ten tactical things that a controller does: Maintains the company’s bank balance. Calculates and enters payroll. Reconciles the bank accounts. Issues Accounts Payable checks.

CFO 96

CFO Cash Flow Forecasting Accounts Payable Forecasting 96

PYMNTS

MARCH 2, 2020

As this week’s B2B Data Digest shows, late payments can also be the result of suppliers’ unfamiliarity with invoicing best practices. nearly doubling to more than $29 billion last year, the FSB said small businesses are seeking lending to manage their cash flows disrupted by unpaid invoices. revealed. .’s operations.

Reconciliations 57

Reconciliations Invoicing B2B Manufacturing 57

PYMNTS

NOVEMBER 16, 2020

Ongoing trade wars and rising costs of doing business in certain markets have manufacturers and other businesses adjusting where they operate and with whom. A B2B invoice may be issued and paid in one currency, but the recipient of those funds has to convert that money into their local currency. A Shifting Market.

Foreign Exchange 56

Foreign Exchange Currencies Manufacturing B2B 56

PYMNTS

FEBRUARY 13, 2020

Canadian multinational manufacturer Bombardier , criticized over its late payments to suppliers, must review its payment practices, according to reports. Alistair didn’t complain about the service, and the invoices were not disputed. However, Bombardier and Alistair seemed to disagree on the terms of payment.

Invoicing 56

Invoicing Auditing Manufacturing Numbers 56

PYMNTS

MAY 28, 2020

Under the deal, a supplier gets an earlier payment from Wells Fargo for the full invoice, after paying a financing fee. Robert Roth, co-owner of RoMan Manufacturing, a transformer and glass molding equipment manufacturer in Michigan, said companies with strong balance sheets, like his, can avoid such deals, while others have few options.

Manufacturing 56

Manufacturing Restructuring Invoicing Leverage 56

PYMNTS

AUGUST 24, 2018

According to the press release, Allied targets small and middle-market companies with its invoice financing solution. The firm focuses on trucking, construction, manufacturing, staffing, oil and gas, and telecommunications borrowers, with financing ranging from $100,000 to $10 million. Its CEO, Clay Tramel, will remain in the position.

Banking 54

Banking Invoicing Manufacturing Construction 54

PYMNTS

JULY 28, 2020

The new tool, called Payment Solutions for SYSPRO, aims to offer real-time credit card processing for sales order entry and invoicing within SYSPRO. SYSPRO customers will now have access to seamless deposit collections for open invoices made with credit cards, which will help improve cash flow and reduce debt, the release stated.

Invoicing 56

Invoicing B2B Manufacturing Finance 56

Bramasol

MARCH 4, 2022

Instead of manufacturing products to achieve one-off sales events, in this broader XaaS perspective, companies are shifting their emphasis to encompass the end-to-end process of manufacturing, longevity of use, maintenance, service, and disposal/recycling.

SAP 93

SAP B2C Manufacturing Treasury 93

PYMNTS

MAY 4, 2020

Citing data from PwC, RAIBU said in a press release that corporates across Asia average about 70-day invoice payments, which would add to cash flow troubles for small and medium-sized businesses (SMBs) amid the pandemic, it noted. percent increase across geographies in Europe. Some of the U.K.’s

Invoicing 64

Invoicing B2B Economics Finance 64

CFO Simplified

JULY 24, 2022

For those who are a part of an accounting team, whether you’re looking at bank records, invoices, receipts for merchandise, the list goes on, all of this information is in the cloud. These file cabinets were necessary to maintain all of the physical records a company needed to function. Long gone are these days, however.

Accounting 96

Accounting CFO Invoicing Manufacturing 96

PYMNTS

NOVEMBER 4, 2019

Now its new payment solution CRIBO (Cash Reconciliation & Invoicing By Optics) enables the global supply chain to digitize cash payments and reconcile invoices in real-time so that Fast-Moving Consumer Goods (FMCG) and Distributors can carry out instant transactions while still maintaining digital records of payments.

Invoicing 40

Invoicing Reconciliations SAP Manufacturing 40

PYMNTS

JANUARY 21, 2021

Manufacturers’ terms of payments often call for a 30 percent advance by bank transfer before production starts and the settlement of their invoice before shipment. “A growing number of companies operate internationally and source products overseas,” he said, according to the release.

B2B 87

B2B Invoicing Manufacturing Currencies 87

Bramasol

JULY 31, 2023

For example, according to Med Device Online , "Many manufacturers are implementing innovative pricing models to lower buyer-side pressure. 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

Fpanda Club

MARCH 14, 2021

Lean is usually associated with manufacturing and supply chain, but it can be applied to any field including finance. The Lean Enterprise Institute Inc. defines lean as creating more value for customers while minimizing waste which means using fewer resources.

Finance 130

Finance Benchmarking Transportation Accounts Payable 130

PYMNTS

JANUARY 30, 2019

In manufacturing plants, call centers and many other workplaces, automation is the standard. More than one quarter of businesses have already implemented some form of AP automation, whether it be invoice approval workflow software, cloud services, internet-based invoice and receipt submission, or otherwise.

Accounts Payable 62

Accounts Payable B2B Invoicing Manufacturing 62