PYMNTS

DECEMBER 20, 2017

Along with its parent company, Cambridge Global Payments, Global Exchange is introducing Invoice Automation Solutions, a new service for businesses across industries that will be added into the Cambridge Global Payments offering.

Invoicing 46

Invoicing Foreign Exchange Risk Management Accounting 46

Future CFO

AUGUST 1, 2023

Supriya Deka: The general features of financial applications include accounting, reporting & analytics, bank reconciliation, billing & invoicing, asset management, budgeting & forecasting, financial risk management, expense tracking, and payroll management.

Invoicing 98

Invoicing General Ledger Reconciliations Budgeting 98

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

JUNE 7, 2018

It’s not enough to be very good at one element of the business – firms have to be good at operational functions, risk management, capital management, compliance and product to keep from being dragged down by bad loan performance. BlueVine’s only other product, invoice factoring, targets much larger businesses.

Invoicing 49

Invoicing Data Analysis Credit Risk Risk Management 49

CFO Simplified

SEPTEMBER 16, 2022

Today, we want to introduce one high-level principle that should be used within any business to manage, direct and control the outflow of cash: The “three-way match ” or “triple match.”. Internal Controls and Risk Management in a Business. One of the more challenging elements of running any business is risk management.

Accounts Payable 52

Accounts Payable Invoicing Risk Management Accounting 52

Future CFO

NOVEMBER 7, 2023

More than 50% of companies in the region revealed that they increased efforts to collect overdue B2B invoices during the past 12 months, a policy complemented in each market by specific credit risk management tactics, the firm said. Bad debts also declined slightly, standing at 5% of all B2B invoiced sales, Atradius pointed out.

B2B 52

B2B Invoicing Credit Risk Risk Management 52

PYMNTS

JUNE 6, 2018

It’s not enough to be very good at one element of the business – firms have to be good at operational functions, risk management, capital management, compliance and productto keep from being dragged down by bad loan performance. Blue Vine’s only other product, invoice factoring, touch businesses much larger.

Invoicing 40

Invoicing Data Analysis Credit Risk Risk Management 40

CFO Simplified

MARCH 11, 2024

Client Satisfaction: Law firms rely heavily on client satisfaction for not only repeat business and referrals, but also for collection of invoices that they’ve sent out. And just as important is that assuring the satisfaction of a client is critical to assuring that their invoices are going to be paid.

Profit and Loss 52

Profit and Loss CFO Risk Management Invoicing 52

PYMNTS

JULY 10, 2019

FLEETCOR -owned Cambridge Global Payments has announced the launch of its Invoice Automation Solution. The service automatically extracts data from invoices, PDFs and other trade documents and automates accounts payable while storing payables information for reconciliation and accounting.

Foreign Exchange 64

Foreign Exchange Accounts Payable Invoicing Reconciliations 64

CFO Simplified

JUNE 23, 2022

Codes and processes Accounts Payable invoices. Risk Management: Is insurance coverage sufficient to provide the needed protection at a reasonable cost? 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.

CFO 96

CFO Cash Flow Forecasting Accounts Payable Forecasting 96

PYMNTS

OCTOBER 1, 2020

The tie-up is the newest of many strategic FinTech partnerships Barclays has announced in recent times, with MarketFinance providing invoicing financing products and Nimbla providing invoice insurance. “[SMBs] are the lifeblood of the U.K. Wells Fargo & Envestnet.

Finance 91

Finance Banking Foreign Exchange Invoicing 91

CFO Talks

MARCH 20, 2024

The Controller is primarily responsible for the meticulous handling of accounts payable and receivable, including the timely payment of invoices and the collection of monies owed. The completion of bank reconciliations and management reports falls under the Controller’s purview, who also prepares and issues financial statements.

CFO 52

CFO Accounts Payable Financial Analysis Auditing 52

PYMNTS

SEPTEMBER 14, 2018

The company deploys credit scoring data, enabling freelancers and micro-businesses to more easily assess the financial health of their corporate customers and predict the reliability their clients will pay invoices on time. Its invoicing solution also lets businesses chase down unpaid bills. later this year.

Invoicing 46

Invoicing B2B Risk Management Startups 46

PYMNTS

SEPTEMBER 20, 2018

Research published last year from the International Factoring Association (IFA) pointed to the trucking and freight industry as the market that uses invoice factoring solutions more than any other. Invoices submitted for financing by freight factoring firms account for more than one third of all invoices processed for funding, the IFA said.

Accounting 63

Accounting Invoicing Accounts Payable Transportation 63

CFO Thought Leader

FEBRUARY 20, 2024

As Jobber seeks to expand its market presence and enhance its financial structure, Wert’s troubleshooter mentality suggests that the firm will likely be taking a proactive approach to growth, risk management, and innovation inside the competitive SaaS landscape. Wert: Jobber is a SaaS-based business.

Leadership 52

Leadership CFO Problem Solving Finance 52

PYMNTS

MARCH 28, 2019

We will be working with Qupital to further utilize the technologies to enhance risk management, user experience and operational efficiency”. Qupital will use the funds to expand its presence in mainland China, as well as boost their technology development and risk management teams, and strengthen its cross-border eCommerce expansion.

Startups 49

Startups Risk Management Finance Invoicing 49

PYMNTS

JUNE 18, 2018

It stands as one of the top pain points in B2B payments , a place of uncertainty and anxiety, a spot where a late or ignored payment can fatally wound a business: the collection of money owed on outstanding invoices. In some ways, the difficulties can increase when a company tries to do risk management in real time.

Invoicing 46

Invoicing B2B Risk Management Leverage 46

The Charity CFO

MAY 19, 2023

Optimizing cash flow may include negotiating payment terms with vendors, implementing efficient invoicing and collection processes, and exploring cash flow enhancement techniques such as short-term investments or revenue diversification.

Cash Management 52

Cash Management Nonprofit Compliance Budgeting 52

CFO Simplified

DECEMBER 12, 2021

Accounting teams are responsible for: Invoicing. Recording and paying accounts payable invoices. Within accounting teams, there are accounting managers and accountants. . Overseeing risk management. Invoicing and collections. What is Accounting? . Receiving and posting cash. Reconciling accounts.

Accounting 52

Accounting Finance Cash Flow Forecasting CFO 52

PYMNTS

FEBRUARY 6, 2019

SMBs can receive protection in case their corporate customers become insolvent or file for bankruptcy, or are unable to pay their invoices, according to Waldorf Trade Risk. Insuring against the risk of non-payment of outstanding invoices can support small businesses’ access to financing, the company noted.

Foreign Exchange 53

Foreign Exchange Invoicing Credit Risk Risk Management 53

PYMNTS

JUNE 23, 2017

The companies said Thursday (June 22) that they are partnering to enhance credit risk solutions for lenders, with LexisNexis now integrating Cortera data into its Risk Solutions platform.

B2B 54

B2B Invoicing Credit Risk Transportation 54

PYMNTS

NOVEMBER 30, 2018

Joining PYMNTS’ Karen Webster for this week’s edition of the Unscripted Podcast, the pair agreed that in the digital age, risk management is such a complex, interconnected and vast topic that payments service providers in some sense need to write an entirely new rule book when to comes to capturing the emerging art of risk management. “On

Risk Management 65

Risk Management Invoicing Credit Risk Compliance 65

PYMNTS

SEPTEMBER 27, 2017

Yet even when a supplier is waiting on an invoice to be paid, that business still has to pay its own bills. King noted that about half of invoices in the U.K. are paid late, and it takes an average of 72 days for one invoice to be paid. In the U.K., In the U.K. especially, this tactic is becoming an increasingly worrying one.

Cash Flow Forecasting 40

Cash Flow Forecasting Invoicing B2B Forecasting 40

PYMNTS

NOVEMBER 2, 2018

However], that should be of concern to anyone who works in risk management. But it’s coming, and so [it’s] really up to us to figure out a way to provide the experience that finds a way to manage the underlying risk implications,” Aberman said.

Invoicing 65

Invoicing Accounting Risk Management 65

Future CFO

OCTOBER 19, 2021

Gartner forecasts that global spending on security and risk management will exceed US$150 billion in 2021 adding cloud adoption and remote working to the mix of reasons for the spend. CFOs should neither ignore these fresh vulnerabilities nor go it alone,” says Alexander Bant , practice vice president, Gartner. Sim Beng Hai.

Securities 52

Securities CFO Risk Management Finance 52

The Finance Weekly

NOVEMBER 20, 2023

Risk and Expenses Management AI-driven , tools for risk management empower FP&A leaders to evaluate and address risks more efficiently. These tools examine factors such as market changes, regulations, and credit risks to pinpoint potential threats to financial performance.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Cash Flow Forecasting Forecasting 52

PYMNTS

DECEMBER 21, 2020

Through invoice integration, the service boasts improvements to savings and offers a compliance audit feature that can help vendors cut spending. For example, our portfolio company, GDS Link, provides credit risk management solutions to lenders. Fenton said Serent has an advantage in understanding the healthcare vertical.

B2B 79

B2B Healthcare Auditing Investments 79

Boston Startup CFO

APRIL 3, 2023

This includes managing invoices, receipts, and payments, as well as reconciling bank statements. Robust contingency plans and proactive risk management strategies help organizations navigate unforeseen disruptions and maintain operational resilience.

Accounting 52

Accounting Accounting Principles GAAP Compliance 52

PYMNTS

MARCH 5, 2019

CurrencyVue offers a foreign exchange risk management platform that integrates with companies’ existing ERP and accounting systems. In a press release , WorldFirst announced it has acquired Australia-based CurrencyVue, a takeover that WorldFirst said will help expand its cross-border trade and payments solution for businesses.

B2B 43

B2B Foreign Exchange Risk Management Invoicing 43

Reval

JUNE 13, 2017

Hong Kong – 14 June 2017 – Kerry Logistics, a leading logistics provider based in Hong Kong, was awarded Best Liquidity Management Strategy for 2016, using Reval, the leading global software-as-a-service solution for treasury and risk management.

Foreign Exchange 52

Foreign Exchange Treasury Cash Management Risk Management 52

PYMNTS

DECEMBER 12, 2019

Contrast that with the fact that well over 40 percent of B2B invoices are still paid by paper check. Widespread use of APIs and automation will mean more proactive risk management, a hard pivot to tokenization, and sunsetting the paper and batch world.

B2B 52

B2B Accounts Payable Reconciliations Healthcare 52

PYMNTS

JULY 29, 2016

Corporations are also prioritizing risk management within their P2P functions, researchers said, with the enterprise tasked with maintaining compliance. Data analytics provide tools to analyze risk, research the market and analyze spend patterns.

Prioritization 41

Prioritization Invoicing Risk Management Compliance 41

PYMNTS

OCTOBER 5, 2016

In a statement announcing the collaboration, MineralTree CEO BC Krishna said their joint venture will help companies not only pay suppliers the way they want to pay but support invoice, cash flow and risk management. But where MineralTree and Visa may run into obstacles is in supplier acceptance of these cards.

Accounts Payable 73

Accounts Payable Accounting B2B Invoicing 73

PYMNTS

JULY 22, 2016

Investors seem confident in the industry’s startups and their ability to provide adequate risk management and underwriting for their loans; VCs provided more than $11.5 Invoice financing is in the midst of a boom, at least in the U.K., It recently rolled out a mobile-friendly version of its invoice financing offering.

Invoicing 40

Invoicing Startups Finance Risk Management 40

PYMNTS

MARCH 20, 2020

“Early warning indicators and data validation from multiple sources provide an opportunity for lenders to create a positive dialogue where they both manage their position between and improve customer experiences.” ” The U.S.’s ’s Open Banking Path.

Banking 93

Banking Finance Risk Management Invoicing 93

PYMNTS

APRIL 30, 2020

Supplier risk management is often a resource-intensive practice and rarely a target of technological investments. As a result, corporates will often let their vendor relationship management processes fall by the wayside. “Before, companies would think they needed to assess risk once a year,” Frank said. “Now

Risk Management 59

Risk Management Risk Analysis B2B Prioritization 59

PYMNTS

FEBRUARY 7, 2018

6) stated that the Wall Street Blockchain Alliance (WSBA) and the Blockchain in Transport Alliance (BiTA) are collaborating to develop solutions in supply chain financing and risk management. An announcement Tuesday (Feb.

Transportation 43

Transportation Education Risk Management Invoicing 43