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

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 91

SAP Compliance Manufacturing Leverage 91

Navigator SAP

FEBRUARY 17, 2022

Enterprise resource planning (ERP) systems are one way to keep up with ever-changing variables and to derive the insights that are critical to keep growing your business in uncertain times. Manufacturing ERP is designed to optimize efficiency in quality and compliance.

SAP 130

SAP Invoicing Manufacturing Compliance 130

Bramasol

MAY 15, 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 52

SAP Compliance Manufacturing Leverage 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

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

JULY 28, 2020

SYSPRO , which works in enterprise resource planning (ERP) solutions, has launched a new payment product that will help businesses get ready for digital B2B payments, according to a press release. Piero Broccardo , chief financial officer of SYSPRO North America, said the company “puts its customers’ needs first.”

Invoicing 56

Invoicing B2B Manufacturing Finance 56

CFO Simplified

SEPTEMBER 11, 2023

Here are some areas you should consider in your planning: Customer Concentration Leadership Staffing Products Financial Resources Technology Customer Concentration is an easy one to understand. A business owner recently purchased a manufacturing company. Bad planning? Leadership drives any business. You’re at greater risk.

Concentration 52

Concentration Leadership CFO Manufacturing 52

Future CFO

JULY 13, 2020

The on-going COVID-19 pandemic has irrevocably disrupted the global economy at an unprecedented scale – forcing manufacturing facilities to shut down, grounding thousands of land, air and sea transportation, and compelling companies to adapt work-from-home arrangement when authorities put quarantine measures in place. Sumesh Balakrishnan.

Planning 52

Planning Finance Manufacturing Advertising 52

PYMNTS

DECEMBER 20, 2020

The intent of the round is to help SnapAP on the first stage of its planned $2 million seed stage round. Also, the Israel investors are in the process of leveraging connections in order to have SnapAP adopted by numerous high-profile clients in the banking and manufacturing worlds overseas, the release says.

Accounts Payable 79

Accounts Payable Invoicing Manufacturing Leverage 79

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

PYMNTS

DECEMBER 13, 2019

FintechOS said it will deploy the funding to expand across Europe, with future plans to launch in the U.S. Reports said Qwil plans to deploy the funding to grow its team and fuel customer acquisition. The solution provides a short-term working capital solution by financing unpaid invoices at a discount. and Southeast Asia.

B2B 52

B2B Finance Invoicing Manufacturing 52

Bramasol

JULY 14, 2022

The report also sees a "trend of data fabric initiatives across all industries — including financial services, retail, healthcare, manufacturing, oil and gas, and energy — as organizations continue executing their digital transformation initiatives.".

SAP 77

SAP Compliance Leadership Healthcare 77

PYMNTS

OCTOBER 5, 2020

Against that backdrop, companies are re-evaluating and redesigning their entire supply chains, cost management life cycles and other processes across all industries from healthcare to manufacturing. Comdata, she said, has mimicked the flow from claims to invoice to payment to reconciliation.

Healthcare 130

Healthcare B2B Reconciliations Accounts Payable 130

PYMNTS

JULY 28, 2017

We dive into all the plans WeWork has for that cash and break down the rest of the investment funding rounds of the week below. So far, Prospera has raised $22 million in total, and plans to use those funds to focus on global expansion and to integrate new services into its offering, addressing both indoor and outdoor growing environments.

Planning 42

Planning B2B Startups Investments 42

PYMNTS

DECEMBER 24, 2020

Companies must smoothly manage everything from initial orders and invoicing to product delivery and the notification of payment receipts to complete it, making it a long and cumbersome procedure with a great deal of room for error. The order-to-cash (O2C) process is inherently complex.

B2B 79

B2B Foreign Exchange Invoicing Manufacturing 79

PYMNTS

DECEMBER 14, 2016

In an interview with PYMNTS, Eyal Rosenberg, cofounder and CEO of the firm, stated that the cloud, in general, “represents a central place” for relationships between firms and their suppliers, as they interact across purchasing activities, invoices and across regions or countries, all in real time.

Communication 70

Communication Invoicing Manufacturing Compliance 70

PYMNTS

JUNE 9, 2020

Kapital’s platform uses artificial intelligence (AI) to provide working capital loan, invoice factoring, project financing and asset-backed lending in democratic, accessible ways for smaller companies, according to the release. ” India has recently introduced a plan to spend $6.6

Finance 58

Finance Invoicing Manufacturing Startups 58

PYMNTS

DECEMBER 16, 2019

For large corporates working with hundreds, sometimes thousands of manufacturers, the procure-to-pay processes is a long, drawn-out one, with plenty of room for data bottlenecks, errors and late payments. Often, said Kieley, that manual process leads to errors that can slow down the process through which companies pay their invoices.

Accounts Payable 53

Accounts Payable Invoicing SAP B2B 53

PYMNTS

NOVEMBER 11, 2019

the average length of time it takes to pay an invoice is 37 days. For invoices carrying a value less than £10,000, processing does not begin by large buyers until about 35 days. For about a year, there have been plans in place to create a national payment times register. In the U.K.,

Construction 40

Construction Transportation Invoicing B2B 40

Bramasol

DECEMBER 14, 2023

This includes understanding the scope of the migration, identifying the resources needed, and developing a migration plan. Develop a migration plan : Businesses need to develop a detailed migration plan that includes a timeline, a risk assessment, and a contingency plan.

Technology 88

Technology SAP IFRS Compliance 88

CFO Simplified

DECEMBER 26, 2021

I [Larry Chester] once met a business owner who told me he had a small manufacturing plant outside Cincinnati. This involves planning for the future. The controller will set the schedule for how often they invoice, pay bills, or run payroll. Company Size. These are all evaluations into how the company runs “under the covers.”.

Finance 52

Finance General Ledger CFO Auditing 52

CFO Talks

MARCH 19, 2024

This list should encompass both quick wins, such as automating invoice processing to improve cash flow management, and long-term objectives, like integrating AI-driven analytics for more accurate financial forecasting and strategic planning.

CFO 52

CFO Communication Finance Budgeting 52

PYMNTS

FEBRUARY 19, 2020

Corporate buyers are forced to undergo many steps, such as placing orders by phone or from paper catalogues, then waiting for invoices in the mail. For example, original equipment manufacturers (OEMs) spend an average of 57 days waiting. Sellers suffer, too, frequently undergoing long waits to receive compensation.

B2B 79

B2B eCommerce Invoicing Construction 79

PYMNTS

JULY 16, 2020

Traditionally, eCommerce-as-a-Service solutions that target B2B vendors and manufacturers must be retrofitted to integrate with back-office functions like the enterprise resource planning (ERP) system. Back-To-Front. Driving Digitization.

B2B 59

B2B eCommerce B2C Accounts Payable 59

PYMNTS

SEPTEMBER 3, 2019

These claims, also known as chargebacks, bill backs or ship and debit, involve a process whereby a manufacturer approves of a special price agreement with a distributor. Those pricing agreements only happen after a sale has been made and an invoice has been issued reflecting the original price of products.

B2B 60

B2B B2C Manufacturing eCommerce 60

PYMNTS

JUNE 9, 2017

A new report from Hitachi Capital Invoice Finance says small- and medium-sized businesses are losing out on money because they’re saying “no” to jobs and contracts they consider unfair. Not all business owners have the time and resources to chase up invoices or can risk working with an unreliable supplier.”.

Invoicing 43

Invoicing Manufacturing Finance Retail 43

Creative CFP

JANUARY 17, 2019

In theory and simply put, cash flow management is: Cash coming into the business as early as possible, Cash exiting the business as late as possible, Keeping an eye on the future and planning accordingly and, Ensuring the numbers make sense. It all comes down to proper cash planning. Careful planning is essential.

Cash Flow Forecasting 52

Cash Flow Forecasting Invoicing Forecasting Manufacturing 52

PYMNTS

JANUARY 17, 2020

based Float said it plans to expand to Australia with its cash flow forecasting technology designed for SMBs. million in financing to more than 2,000 SMBs in the form of invoice finance, inventory finance and other tools. Below, PYMNTS looks at how more than $292.5 million landed at B2B startups this week. million in seed funding, U.K.-based

B2B 52

B2B Cash Flow Forecasting Valuation Startups 52

PYMNTS

AUGUST 20, 2018

Of the businesses surveyed, 63 percent stated that they had to deal with late payments for invoices stretching back to June 2018. A minority — in this case 30 percent — could confirm that their invoices had been paid on time. All in all, 20 percent of firms said they had seen non-payment for 20 percent of invoices.

Invoicing 41

Invoicing Manufacturing Finance Sales 41

PYMNTS

MARCH 21, 2016

From FinServ players reporting their anxieties about the blockchain to a small — but not insignificant — percentage of manufacturers still relying on the fax machine to reach corporate customers, this week’s data suggests businesses are not prepping for a new decade. . 25 percent more businesses chose invoice financing in the U.K.

Forecasting 40

Forecasting Invoicing Manufacturing B2B 40

PYMNTS

APRIL 16, 2020

Such closures have had major global impacts: More than 1 million Amazon merchants rely on Chinese manufacturing, for example. Technology giant Apple’s main manufacturing partner closed, for example, and the company now expects it will ship 10 percent fewer iPhones in Q1 than previously anticipated. Rallying Around New Needs.

Manufacturing 52

Manufacturing B2B eCommerce Retail 52

Bramasol

OCTOBER 31, 2023

The Bramasol team already has extensive hands-on experience implementing QTC and RevRec solutions across many different industries, including media & entertainment , transportation , semiconductors , medical , energy , electronics manufacturing , software & SaaS , telecom and more.

SAP 64

SAP IFRS Compliance Construction 64

PYMNTS

SEPTEMBER 27, 2016

If a supplier misses that period 10 percent or more of the time, it’s charged 3 percent of its quarterly invoice. And those hits may soon start coming more frequently since suppliers can not miss the now-shortened delivery window more than 5 percent of the time or risk the big hit on their invoice.

Invoicing 55

Invoicing Compliance Transportation Manufacturing 55

PYMNTS

SEPTEMBER 14, 2018

“Amazon said it is building technology to serve healthcare customers, and seeking to sell hospitals on a ‘marketplace concept’ that differs from typical hospital purchasing, which is conducted through contracts with distributors and manufacturers,” the report said. Grainger and China.

B2B 70

B2B Healthcare Manufacturing eCommerce 70

PYMNTS

JANUARY 24, 2020

When repair shops are managing receivables for hundreds of vehicle repair jobs, the complexities of invoicing and tracking incoming payments can quickly become overwhelming. For those collision centers, a variety of plans can be deployed to set wages. Finding a Unified View.

Accounts Payable 98

Accounts Payable Accounting Invoicing Manufacturing 98