PYMNTS

NOVEMBER 18, 2020

She said data can be the glue that helps ensure payments are interconnected and reconciled automatically – and reconciliation can be likened to the “holy grail” of treasury management. Chayt added that the move toward real-time reconciliation marks a new phase in the evolution of real-time processes. Eyeing Efficiency .

Reconciliations 98

Reconciliations B2B Treasury Banking 98

PYMNTS

OCTOBER 1, 2020

Founded in 2000, Lightyear is a financial services-focused private-equity firm based in New York, which focuses on middle-market companies in North America associated with financial services. The software market is a fragmented one, he said. million round, among others. million round, among others.

B2B 56

B2B Invoicing Practice Management Reconciliations 56

PYMNTS

AUGUST 3, 2020

It’s one factor in why so few challenger banks have launched in the country compared to markets like the U.K., However, there are efforts to lower the barriers to entry for market newcomers. where challenger banking has flourished in recent years. Normalizing Digital Assets. As a whole, the U.S. “The U.S.

Treasury 117

Treasury Currencies Invoicing Cash Management 117

PYMNTS

DECEMBER 28, 2020

The BNPL and pay-by-installment models are proliferating, but according to Floate, "there continues to be a substantial gap in the B2B financial services market" when it comes to offering such integrated and flexible payment options. As B2B eCommerce gains traction, the opportunity for consumer-like payment models will continue to grow, too.

B2B 81

B2B Invoicing B2C Reconciliations 81

PYMNTS

MARCH 6, 2020

A lull in venture capital funding has only a few B2B FinTechs this week securing new investment rounds. In the meantime, PYMNTS gathered up a shortlist of the B2B FinTechs that were able to secure new funding as backers prepare for their next wave of support. and hoping to expand into Europe. At the same time, the U.S. Mailprotector.

B2B 80

B2B Startups Nonprofit Reconciliations 80

PYMNTS

AUGUST 19, 2020

Offering competitive pricing is critical in today’s market, as businesses’ budgets are growing tighter. Again, noted Fordyce, this can take many forms — from automating invoice reconciliation to addressing a user’s resource constraints. That’s not always easy in a period of market volatility, however.

Accounts Payable 127

Accounts Payable B2B Reconciliations Banking 127

CFO Talks

MARCH 20, 2024

Without a CFO fully focused on the future and driving strategic financial planning, the company risks becoming stagnant, unable to adapt to changes in the market or capitalize on new opportunities. Stagnation: Companies evolve, and their financial strategies need to evolve too.

CFO 52

CFO Accounts Payable Financial Analysis Auditing 52

PYMNTS

MAY 13, 2020

While the pandemic has created unique circumstances of immeasurable strain and pressure on the global market, it’s also emboldened many to rise to the occasion and ensure business continues to flow with as little disruption as possible. to China within only a few hours in order to secure a PPE shipment for healthcare providers.

Healthcare 81

Healthcare B2B Foreign Exchange Nonprofit 81

PYMNTS

SEPTEMBER 16, 2020

PSD2 and open banking regulations were forged to accelerate competition in the financial services arena, and this week, a look at the latest initiatives reveals the opportunity for new market entrants to rival incumbents in the small business banking arena. Eedenbul Secures PSD2 License. Faster Payments and BACS schemes.

Banking 56

Banking Concentration Reconciliations Invoicing 56

Spreadym

JUNE 19, 2023

Manage Accounts Receivable: Monitor your accounts receivable closely, ensuring that customers pay their invoices on time. Implement efficient invoicing processes, offer incentives for early payments, and promptly follow up on overdue payments to minimize the risk of cash flow gaps.

Cash Flow Forecasting 52

Cash Flow Forecasting Invoicing Forecasting Accounts Payable 52

PYMNTS

JULY 3, 2020

The FI’s latest tie-up , announced earlier this week, is with FIS and MineralTree , with FIS extending its Integrated Payables solution, and MineralTree offering its Invoice-to-Pay tool for People’s United Bank corporate customers. Collaborating with FinTechs is a valuable strategy for banks, noted Sigovitch.

Accounts Payable 85

Accounts Payable Accounting Banking Invoicing 85

PYMNTS

OCTOBER 10, 2017

Digitization of B2B payments is on the rise, but the trend is challenged by discrepancies across geographic markets, according to the latest World Payments Report by Capgemini and BNP Paribas. Developing markets are driving this growth, too. The 2017 report , released Monday (Oct. Regional Trends.

B2B 49

B2B Reconciliations Invoicing Accounts Payable 49

PYMNTS

JANUARY 26, 2017

The solution is called Finlync SAP-DL Integrator , and the idea, said Finlync in an interview with PYMNTS, is that the ERP system is the central home to critical data like purchase orders and invoices, business partner payment information and the like. Faster processes, less complexity, heightened security — it seems like a no-brainer.

SAP 57

SAP Invoicing Reconciliations B2B 57

PYMNTS

OCTOBER 14, 2020

That’s translated into a fundamental shift in workflows, spanning everything from procurement to invoice approvals to payments that need to be made. Looking at Working Capital – and Security. Not rethinking those workflows can be catastrophic, he warned: “If I don’t do this, I’m not going to be in business.”. Looking Ahead .

B2B 97

B2B Accounts Payable Reconciliations Economics 97

PYMNTS

OCTOBER 17, 2017

Together, the companies will enable streamlined payment reconciliation, facilitated by automated virtual card (v-card) payments in a solution built for financial institutions and their corporate clients. In an announcement on Tuesday (Oct.

Reconciliations 47

Reconciliations Accounts Payable B2B Cash Management 47

PYMNTS

JULY 29, 2019

The good news, he noted, is that as a green field developing market, it lacks some of the legacy features that can act as weights to innovation. It isn’t paper free in many cases, because invoices are still drafted on them. This is, unfortunately, is just a point-to-point system, there is no reconciliation on this basic platform.

B2B 48

B2B Reconciliations Invoicing Vendor Management 48

PYMNTS

JUNE 11, 2020

Cash is king, and today, cash flow management is an imperative function for large corporations and small businesses — many of which continue to struggle with the market volatility and business disruption caused by the COVID-19 pandemic. One of the most critical factors in any decision is how secure a system is,” said Anderson.

B2B 52

B2B Accounts Payable Cash Flow Forecasting Reconciliations 52

PYMNTS

MAY 1, 2020

” This is the challenge that Gilded aims to address with its services that enable corporates to issue invoices and accept crypto and digital currencies on those bills. For many traditional firms, cryptocurrencies remain off-limits thanks to the market’s perception of risky volatility. The Benefits To AR. Embracing Choice.

Currencies 68

Currencies Accounting B2B Reconciliations 68

PYMNTS

JUNE 9, 2020

Now that businesses have had time to consider their AP automation strategies, Anderson offered insight into what middle-market and large enterprises need to consider to ease the pain of change without hampering their modernization inertia. “One of the most critical factors in any decision is how secure a system is,” said Anderson.

Accounts Payable 53

Accounts Payable Reconciliations CFO Accounting 53

PYMNTS

JUNE 15, 2018

The cost of technology has lessened, though, opening the door for SMEs to bring bits and bytes to supply chains – lessening reliance on manual processes and invoices of the paper kind, thus eliminating errors. Auto bank reconciliation will also be available to SMEs. And the trend is increasingly international in scope.

Compliance 46

Compliance Reconciliations Invoicing Banking 46

PYMNTS

NOVEMBER 4, 2016

In B2B payments, that can mean discontent in the way traditional banks and FIs do business or a need for disruptive technologies to come to market faster than banks can offer. Deals were made with B2B invoicing and payments firm Viewpost, as well as health care blockchain company Gem and natural language search technology company ClearGraph.

Treasury 79

Treasury B2B Leverage Reconciliations 79

PYMNTS

JUNE 28, 2019

It wasn’t the only corporate T&E firm that secured new funding, though, nor was it the only B2B FinTech that raised venture capital. The $1 million in Seed funding for India-based Recko will help the firm grow its payments reconciliation solution for companies in the banking, lending, insurance, eCommerce and telecom industries.

Valuation 43

Valuation Reconciliations B2B Startups 43

PYMNTS

NOVEMBER 1, 2018

Instead, they support constant high usage, with the fraud controls to enable a secure and seamless worker experience. These solutions eliminate the need for those workers to spend any of their own funds along the way, as well as track receipts and trigger manual reconciliation processes back at corporate. The Prepaid Renaissance.

Reconciliations 72

Reconciliations Transportation Invoicing Securities 72

The Finance Weekly

APRIL 13, 2024

While personal finance applications often focus on budgeting and tracking investments, business finance applications are enriched with additional functionalities, such as invoicing and inventory management, to support a wider range of business operations.

Financial Planning and Analysis (FP&A) 52

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

E78 Partners

MAY 8, 2024

Validation and Reconciliation: Once categorized, the telecom expenses are validated against predefined benchmarks or budget allocations. Reconciliation may involve cross-checking billing details with service contracts and usage records. There are affordable alternatives with a proven ROI for TEM in the market.

Leverage 52

Leverage Auditing Compliance Invoicing 52

PYMNTS

OCTOBER 31, 2017

The beauty of paying with a check is, typically, the check is accompanied with the invoice, and all the information is there in front of you,” he recently told PYMNTS. You have the invoice, the check, the bank information — everything is there.”. There’s a big issue about connecting an electronic payment to an invoice,” he added.

Invoicing 41

Invoicing Treasury Reconciliations B2B 41

CFO News Room

NOVEMBER 2, 2022

In the United States, Registered Investment Advisers (RIAs) are required to register in one of 2 ways: with the Federal government (namely the SEC) or with one (or more) state securities regulatory agencies. The Brochure Supplement – Form ADV Part 2B. The Brochure Supplement is the sister disclosure document to the Brochure.

Compliance 130

Compliance GAAP Investments Advertising 130

PYMNTS

DECEMBER 30, 2020

And, looking into 2021, the virtual card is positioned to tackle some of the biggest points of friction in B2B payments, including solving working capital needs for both buyers and suppliers, and mitigating fraud and other security risks. For some B2C firms, that meant expanding into the B2B market.

B2B 119

B2B Accounts Payable Invoicing B2C 119

PYMNTS

AUGUST 5, 2019

2), ePayRails said it secured $2.45 According to ePayRails CEO Richard Jackman, the company will deploy the funding to buildout its ePayRails Payment Hub, invest in sales and marketing, and bolster its back-office client support offerings. In a press release Friday (Aug. ”

B2B 40

B2B Startups Securities Accounts Payable 40

PYMNTS

JUNE 15, 2018

With the B2B eCommerce market towering over B2C’s in terms of transaction value — Forrester Research estimates the U.S. market will grow from $889 billion by the end of 2017 to $1.2 trillion by 2021 — the business-to-business payments market is primed for disruption. This is particularly true as payments accelerate.

B2C 40

B2C B2B eCommerce Reconciliations 40

PYMNTS

NOVEMBER 3, 2020

Today in B2B, Bloomberg broadens its credit risk data pool, and two ERP solutions secure B2B payments integrations. APS Payments , which works in omnichannel B2B payments, is integrating tech with enterprise resource planning (ERP) product Sage X3 to allow for quick and secure payments, according to a press release.

Credit Risk 88

Credit Risk B2B Accounts Payable B2C 88

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.

Cash Flow Forecasting 62

Cash Flow Forecasting Reconciliations Invoicing B2B 62

PYMNTS

APRIL 17, 2020

” Like consumers, small and medium-sized businesses (SMBs) and corporates present a strong market for financial management apps. But in a recent interview with PYMNTS, Vaccino dove into some of the unexpected ways open banking has disrupted the business financial services market for the better. Connecting Accounting to Payments.

Banking 83

Banking Reconciliations Prioritization Accounting 83

PYMNTS

NOVEMBER 24, 2020

Indeed, business-to-business (B2B) eCommerce is a thriving market that, today, is growing even more quickly as a result of the coronavirus crisis. Estimates from from Frost & Sullivan earlier this year forecast the B2B eCommerce market to hit more than $6.6 trillion generated in the business-to-consumer market.

B2B 72

B2B eCommerce B2C Reconciliations 72

PYMNTS

JULY 31, 2019

That highway, Lane added, is one that provides instant and friction-free payments access between buyers and suppliers, while at the same time guaranteeing the privacy and security of the data associated with the payment.

Accounts Payable 76

Accounts Payable B2B Reconciliations Invoicing 76

PYMNTS

NOVEMBER 8, 2018

7) said Coupa Pay is making its market debut with a range of both payment and business financing solutions. A single-use Barclaycard credit card number is created to pay the supplier, which is followed by automatic reconciliation. Two press releases issued Wednesday (Nov. “It inherently offers a twofold advantage.

Invoicing 65

Invoicing Reconciliations B2B Finance 65

PYMNTS

OCTOBER 2, 2019

With ongoing shifts in payments, commerce, security and transparency, corporate cash managers have a lot on their plates. The introduction of something market-wide into the world’s largest economy, one that has more than 10,000 banks, is no small undertaking,” Kohli said. Security is also top of mind.

Cash Management 63

Cash Management Reconciliations Treasury B2C 63