PYMNTS
DECEMBER 18, 2020
Something’s going to happen with paper checks, paper invoicing — the whole paper thing on a grand scale — and businesses need to be ready for that eventuality. This makes sense because manual processes reduce the speed at which firms deliver invoices and follow up on overdue payments, reducing efficiency when prioritizing collections.
PYMNTS
SEPTEMBER 28, 2020
Businesses and consumers must prioritize cyber resilience and recognize that it is everyone's responsibility to protect their data," said OpenText CEO and Chief Technology Officer Mark J. Within weeks, [he] started abusing that authority by submitting and approving false invoices from a fake business called TNC US Inc.
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PYMNTS
FEBRUARY 1, 2021
If at that time, someone would have asked Citi Managing Director and Global Head of Domestic Payments and Receivables Anupam Sinha how long it would take for corporate treasury organizations to fully embrace digital , he said his answer would likely have been something along the lines of, “Don’t hold your breath.”.
PYMNTS
JANUARY 13, 2021
The paper check, the paper invoice, slow accounts receivable (AR) processes and collecting on aging receivables can be difficult for even the most seasoned AR professionals. Shields noted that accurately predicting anticipated invoice payment dates can have ripple effects throughout an organization. “No The problems are analog.
PYMNTS
SEPTEMBER 23, 2020
The application will help to provide prioritization over what work is done, with automatic logging of correspondence and a built-in tonality based on the type of client. There will also be automated responses to vendor and supplier inquiries about invoice payment status, approval status and short pay issues, the release stated.
PYMNTS
JANUARY 8, 2021
For example, that might mean having a process in place so that funds are appropriately applied or available when money comes in during off-hours or on the weekend, she said, and really thinking through the process from an accounting, liquidity and treasury management perspective. Limits And Fees.
PYMNTS
NOVEMBER 19, 2020
With new digital business models rapidly evolving, sell-side organizations must prioritize a seamless experience for their clients at the very first moment of interaction. Credit scoring a new customer provides visibility into the probability that the buyer will actually pay an invoice upon receipt of goods or services.
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