PYMNTS

OCTOBER 23, 2019

Deluxe Corporation is augmenting its treasury management solution by integrating a bill presentment and payment processing function into its existing accounts receivable tool. Deluxe Treasury Management said in a press release on Tuesday (Oct. Deluxe automates payments and invoice matching for streamlined reconciliation.

Treasury 40

Treasury Reconciliations Invoicing Accounting 40

PYMNTS

NOVEMBER 4, 2016

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. It’s the reasoning behind Capital One’s latest round of partnerships announced late last month.

Treasury 79

Treasury B2B Leverage Reconciliations 79

PYMNTS

MARCH 20, 2017

the cloud-based treasury and working capital solutions company, announced Friday (March 18) that Pimkie chose its supply chain finance solution to manage its supplier invoice financing program. In a press release, Kyriba said Pimkie is using its reverse factoring solution to offer suppliers early payment of invoices.

Invoicing 40

Invoicing Treasury Currencies Finance 40

PYMNTS

OCTOBER 27, 2017

VC firms’ largest show of support was for artificial intelligence (AI), and there was a substantial growth equity round for a veteran treasury technology firm. Treasury Management. Invoice Bazaar. In addition to Invoice Bazaar’s $3.9 later this year, according to reports. Artificial Intelligence. DeePhi Tech.

Treasury 40

Treasury Invoicing B2B Finance 40

PYMNTS

MAY 16, 2016

Between treasury management, accounting, invoicing, cash management and all the other money tools corporates have access to today, it’s a wonder CFOs can keep their heads on straight. It’s changed the game, not only for corporate clients but for the FinTech players developing and offering these treasury solutions.

Treasury 41

Treasury Cash Management Accounts Payable Invoicing 41

PYMNTS

JANUARY 8, 2021

PayJunction Debuts Digital Invoicing for Virtual Terminal Clients. Payment processing technology developer PayJunction has rolled out a digital invoice function for companies that harness its virtual terminal offering, according to a Thursday (Jan. 7) announcement. Fides Expands Connectivity for Finance Professionals.

B2B 86

B2B Treasury Invoicing Finance 86

Future CFO

JULY 16, 2020

Every year about 550 billion invoices are generated and processed, mostly manually, and the cost to business is staggering. and $10 per invoice. An Aberdeen Group study found that invoice processing costs range from $5-$25 per invoice. Bottomline – processing invoices costs money. Click here to download this eBook.

Invoicing 40

Invoicing Accounts Payable Accounting Cash Management 40

PYMNTS

JULY 30, 2018

Through this service, DadeSystems receives a file from the business, listing all of the open invoices that are due from its customers. With these two sources of information, DadeSystems is able to match the payments and invoices using machine learning. For the banks, DadeSystems’ offering enhances their treasury offerings.

Treasury 40

Treasury Banking Invoicing Accounting 40

PYMNTS

NOVEMBER 10, 2020

They can confront problems ranging from incorrect invoices and inadequate cash reserves to late payments from customers or to vendors — all of which require time and money to solve. Each of these processes comes with unique challenges that can add up to cause headaches for treasury professionals. Automating Capital Management.

Accounts Payable 87

Accounts Payable Invoicing Treasury Sales 87

PYMNTS

JANUARY 30, 2017

Trade finance, they said, could help boost efficiency in cash management and supply chain (via dynamic discounting on invoices). In the example of C2FO’s own offerings, suppliers look for early payment on their invoices (and buyers offer their own approved invoices) uploaded onto the online marketplace.

Cash Management 49

Cash Management Treasury Invoicing Currencies 49

PYMNTS

NOVEMBER 11, 2020

The Playbook also calls out “three-way invoice matching — in which staff must compare invoices to purchase orders and goods received notes,” and the frustrations that brings, but automation can reduce these stresses by matching these invoices automatically. Clearly, there are issues. A recent survey found that 74.2

Accounts Payable 87

Accounts Payable Invoicing Treasury Reconciliations 87

PYMNTS

OCTOBER 14, 2020

The financial entity has rolled out a push-to-debit feature for its treasury customers with the assistance of a third-party technology partner, according to recent announcements. Digital disbursements therefore appear to be taking a greater role in treasury management.

Treasury 103

Treasury Banking B2B Invoicing 103

PYMNTS

DECEMBER 1, 2020

We discover a basic truth upon reading PYMNTS November 2020 CFO’s Guide To Digitizing B2B Payments done in collaboration with Comdata : many treasury operations need digital triage. B2B invoices generally take 37.4 Corporate Treasury Needs More Love. are still conducted with checks.”. APIs Fostering Connectedness.

Treasury 64

Treasury Accounts Payable B2B Invoicing 64

PYMNTS

DECEMBER 14, 2020

Delayed and late B2B payments are a global issue, but this week's B2B Data Digest shines a spotlight on two markets that are elevating the fight against late invoice payments to small businesses. Five-day payment terms will be possible through Australia's new eInvoicing solution , the nation's Treasury announced recently.

Invoicing 75

Invoicing Treasury B2B Finance 75

PYMNTS

AUGUST 3, 2020

Real-time settlement negates the need for batch settlement, which has been the norm in corporate treasury departments and within financial institutions (FIs) for decades. “If you can make money programmable, then you can build that money into applications that optimize your processes in corporate treasury.”

Treasury 117

Treasury Currencies Invoicing Cash Management 117

PYMNTS

JANUARY 14, 2021

Today in B2B payments, Citi announces its news Treasury and Trade Solutions (TTS) head, while Rho lands new funding and adds accounts payable to its business banking technology. Plus, Medius collaborates on invoice management, TravelPerk acquires NexTravel, and Sweep lands funding for T&E tools. 13) announcement.

B2B 56

B2B Accounts Payable Banking Invoicing 56

PYMNTS

SEPTEMBER 28, 2020

21 percent of business leaders say payment authorization and authentication are requirements when choosing a treasury management platform , a report by Citizens Commercial Banking found. Within weeks, [he] started abusing that authority by submitting and approving false invoices from a fake business called TNC US Inc.

Accounts Payable 96

Accounts Payable Invoicing Treasury B2B 96

PYMNTS

SEPTEMBER 27, 2020

HighRadius , a FinTech working in automation for order-to-cash and treasury management, has announced an expanded strategic relationship with Commerce Bank , according to a press release. In this digital-first economy, AI is a critical component of their digital transformation.”.

Banking 89

Banking Treasury Reconciliations Invoicing 89

PYMNTS

OCTOBER 22, 2018

Australia and New Zealand are planning to create trans-Tasman standards for electronic invoicing in an effort to save $30 billion over 10 years. In 2016, the Australian Tax Office pushed for a nationwide standard of electronic invoices. to process a paper invoice, $27.97 per PDF invoice and only $9.18

Invoicing 55

Invoicing Treasury Planning Retail 55

PYMNTS

DECEMBER 30, 2020

As treasury management becomes increasingly digital, a bank’s corporate banking clients face challenges when it comes to modernizing treasury workflows. The vast majority of treasury organizations want simple, tech-driven solutions that don’t require them to go out and make use of new products. Many-To-Many Markets .

Banking 97

Banking Accounts Payable Treasury Reconciliations 97

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.”.

B2B 94

B2B Treasury Accounts Payable Cash Management 94

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.

Accounting 94

Accounting Invoicing B2B Treasury 94

PYMNTS

AUGUST 30, 2019

The solution is available to corporate clients of the bank’s PNC Treasury Management unit, according to reports, and will enable PNC to offer businesses real-time global payments. At the time, PNC Treasury Management Executive Vice president and Head of Product Chris Ward said corporates demand access to real-time cross-border payments.

Treasury 76

Treasury Invoicing Banking Finance 76

PYMNTS

NOVEMBER 12, 2020

one of the largest aid programs is the Bounce Back Loan Scheme (BBLS), which has facilitated more than $53 billion in financing to SMBs, according to the most recent statistics from HM Treasury. For an invoice financier like Pulse Cashflow, the impact from those programs has been clear. In the U.K., Dare pointed to U.K. Indeed, U.K.

Marketing 64

Marketing Invoicing Finance Construction 64

PYMNTS

JUNE 11, 2019

The name BOT stems from the Buoni Ordinari del Tesoro, the name of the Italian Treasury bill, reports said. According to the news outlet, Italy ‘s Treasury is exploring ways to address its unpaid invoices, citing data that the government pays its vendor invoices an average of 59 days after they are issued.

Invoicing 48

Invoicing Treasury Currencies Economics 48

PYMNTS

NOVEMBER 6, 2020

Sixty-three percent of businesses in the United Kingdom have received duplicate invoices , for example — with 33 percent mistakenly paying them — 58 percent have had to pay suppliers’ late fees, and 90 percent have been pestered by suppliers demanding payments.

Invoicing 62

Invoicing Accounts Payable Leverage Treasury 62

PYMNTS

FEBRUARY 28, 2020

Purchase, invoice and transaction data are invaluable to the journey of digitization and automation, but organizations are increasingly recognizing that the value can only be realized if that data can integrate seamlessly across platforms. “This combination increases data accuracy, and shortens payment cycles.”

Accounts Payable 83

Accounts Payable Banking Invoicing B2B 83

PYMNTS

OCTOBER 19, 2020

CheckAlt , which provides lockbox and treasury management services, is now working with Florida's Citizens Bank & Trust to provide the aforementioned services, a press release says. CheckAlt also recently partnered with Tru Treasury to help boost credit unions' new members and services, PYMNTS writes.

Banking 67

Banking Nonprofit Treasury Invoicing 67

PYMNTS

AUGUST 7, 2020

The scenario of frazzled buyers negotiating extended payment terms — in many cases having to choose who gets paid and who doesn’t — has made the whole “invoice to check to envelope to swirling vortex of the unknown” thing absurd. Configurable And Secure For Remote Treasury. Who has the time for this anymore?

Accounting 72

Accounting B2B Accounts Payable Treasury 72

PYMNTS

MARCH 3, 2020

The solution was available to corporate clients of the PNC Treasury Management unit, which enables business clients to receive payments on their outstanding invoices in real time from international corporate buyers using RippleNet. PNC was reportedly the first U.S.

Banking 100

Banking Treasury Invoicing Leverage 100

Strategic Treasurer

MARCH 6, 2023

In the Language of Finance sub-series, we will look into different terms that should be understood in order to communicate effectively with the rest of your treasury team and with others. How does the language of FP&A differ from treasury? Listen in to find out. What is it? How does it work?

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Treasury GAAP 52

PYMNTS

NOVEMBER 12, 2020

Shields offered an example of intentional information: invoice data. Partnerships, she said — such as FISPAN’s own efforts with traditional financial services firms — help treasury banks to build embedded banking solutions inside enterprise resource planning (ERP) and accounting systems.

Banking 88

Banking Invoicing Reconciliations Treasury 88

PYMNTS

SEPTEMBER 23, 2020

There will also be automated responses to vendor and supplier inquiries about invoice payment status, approval status and short pay issues, the release stated. Intelligent Planning helps boost accurate cash flow predictions, which in turn can bolster sustainable growth through well-placed strategy, the release noted.

Corporate Finance 70

Corporate Finance Finance Cash Flow Forecasting Vendor Management 70

PYMNTS

MAY 20, 2020

IntegriDATA Treasury Property Manager Ted Haslam said the Workday program has become popular with clients and the company is “excited to offer them secure straight-through payment processing,” according to a press release.

Invoicing 58

Invoicing Treasury B2B Securities 58

PYMNTS

OCTOBER 22, 2020

Together, the companies are connecting SMBs to Direct Debit to accept invoice payments in an effort to combat the friction of late payments. In an effort to address the friction of paper checks, Citizens Bank & Trust is collaborating with CheckAlt to launch lockbox and corporate treasury services.

Banking 79

Banking Invoicing Treasury B2B 79

PYMNTS

JULY 7, 2020

With a focus on its broader treasury management offerings, People’s United is adding MineralTree’s invoice-to-pay solution and FIS’s integrated payables technology to streamline business clients’ accounts payable processes.

Banking 96

Banking Accounts Payable Treasury Finance 96

PYMNTS

DECEMBER 1, 2020

And, the processes are all integrated with other Cobase modules for cash and treasury management. We believe that companies of all sizes will increasingly use aggregated platforms, such as Cobase, to access financial services and manage their treasury functions," he said, according to the release.

Foreign Exchange 58

Foreign Exchange Treasury Reconciliations Invoicing 58