PYMNTS

JANUARY 8, 2021

To facilitate this transition in handling 24/7 cash flow, Whisler said TCH offers services such as intraday reconciliation. TCH currently has a few different work groups and committees that help guide its understanding and prioritizing of a limit increase, which has already been done in many countries around the world. “We

Cash Flow Forecasting 139

Cash Flow Forecasting Banking Education Reconciliations 139

PYMNTS

NOVEMBER 12, 2020

Helping clients prioritize digitization would depend on where the company is in the journey. So moving from that directly to consumers has a pretty significant impact on the way their sales, payment, collection and reconciliation processes work,” he said. Digital Natives Versus Brick-And-Mortar.

Treasury 118

Treasury Cash Flow Forecasting Reconciliations Prioritization 118

PYMNTS

FEBRUARY 1, 2021

The company, based in Sweden, is also able to integrate into the Nordic region’s banking infrastructure to facilitate payment initiation, transaction reconciliation and onboarding with bank platforms. The firm isn’t the only company targeting SMBs with a solution to this intensifying pain point.

Finance 82

Finance Invoicing Reconciliations Prioritization 82

PYMNTS

JANUARY 20, 2021

I hope we can leverage that urgency to prioritize a lot more examples of embedded finance on the B2B side in 2021.

B2C 70

B2C B2B Currencies Invoicing 70

PYMNTS

JANUARY 13, 2021

To get a sense of the inefficiencies inherent in traditional collections activities, Shields said that collections departments would typically “call all their customers in the portfolio, usually only looking at the past-due amounts, which helps them prioritize and figure out who they should be calling first.”.

Accounting 94

Accounting Invoicing B2B Treasury 94

PYMNTS

FEBRUARY 1, 2021

As models in the front end of an organization digitize, this prioritization of data has carried over into the back office, too. But when digital channels account for half of an organization’s overall sales, the data is too valuable for treasurers to ignore. Sinha said today’s CFO should focus on how to access, interpret and monetize data.

B2B 94

B2B Treasury Accounts Payable Cash Management 94

PYMNTS

MAY 4, 2020

For both sides, the transaction data of a virtual card payment means streamlined reconciliation and reporting. ” Without automation technology to capture and integrate data on a digital invoice , neither buyer nor supplier can access the data they need for reconciliation purposes, even if the payment on that invoice is electronic.

Invoicing 66

Invoicing Accounts Payable Reconciliations B2B 66

PYMNTS

DECEMBER 18, 2020

“PYMNTS' research confirms that firms turning to automation technologies to help with AR functions such as cash application, payment acceptance, collections, customer credit checks and reconciliation during the pandemic are finding themselves in a better position to more easily adapt to changing market dynamics,” per the new Playbook.

Treasury 76

Treasury Invoicing B2B Reconciliations 76

PYMNTS

JANUARY 20, 2021

This is particularly beneficial as companies prioritize their payments modernization initiatives to drive optimization. They go through multiple touchpoints, and if for any reason some data is disappearing, nobody becomes aware until a few days later when it hits reconciliation or some kind of cross-checking.".

Reconciliations 52

Reconciliations Prioritization B2B Budgeting 52

PYMNTS

MARCH 1, 2018

“Spreadsheet” can be a four-letter word in corporate finance, but analysts say professionals continue to rely on the manual tool for everything from reconciliation to payroll. When looking for automated solutions, CFOs prioritize forecasting abilities as well as dashboards to display data insights.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Corporate Finance Analyzing Data Reconciliations 40

CFO Leadership

OCTOBER 10, 2023

Many have since advanced to intelligent process automation (IPA) — RPA amplified with artificial intelligence (AI) — to streamline and improve more complex work, from tax and compliance reporting to financial statement reconciliation.

Financial Planning and Analysis (FP&A) 115

Financial Planning and Analysis (FP&A) Finance Compliance Forecasting 115

PYMNTS

DECEMBER 12, 2017

By directly integrating the virtual card solution into the Travelport Smartpoint tool, travel agents can automate hotel payments and reconciliation while enhancing payment security, said Travelport. “As It will also prioritize the use of Conferma’s pioneering secure email for communication of booking details.”.

Reconciliations 40

Reconciliations Prioritization B2B Compliance 40

Planful

JANUARY 11, 2022

When the COVID-19 pandemic hit two years later, it forced businesses to prioritize digital to stay afloat. Without AI, employees are burdened with hours of monotonous tasks like reporting and data reconciliation. This was great for business but led to increasingly long financial reconciliation times.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Finance Profit and Loss Reconciliations 40

The Finance Weekly

APRIL 27, 2022

In order to mitigate check and payment tampering risk, for example, first address delegation of responsibility issues, utilize check logs, leverage the bank’s positive pay controls, and then review account reconciliations. If formal policies are not in place, first prioritize where to start (i.e.,

Leadership 52

Leadership Financial Planning and Analysis (FP&A) CFO Communication 52

Future CFO

OCTOBER 23, 2019

There is a finance team that has deployed our Digital Workers—equipped with skills corresponding to human jobs and responsibilities and are different from bots—across a myriad of functions, including FP&A, regulatory and management reporting, and account and bank reconciliations.

Finance 52

Finance Financial Planning and Analysis (FP&A) Concentration Reconciliations 52

Spreadym

JUNE 19, 2023

Categorize and prioritize your expenses to identify essential versus discretionary spending. It offers features such as cash flow forecasting, bank reconciliation, and expense tracking. Manage Accounts Receivable: Monitor your accounts receivable closely, ensuring that customers pay their invoices on time.

Cash Flow Forecasting 52

Cash Flow Forecasting Invoicing Forecasting Accounts Payable 52

PYMNTS

FEBRUARY 15, 2019

Fewer organizations are prioritizing simply finding cheaper deals on goods and services, signaling the industry’s ongoing shift toward turning procurement into a revenue driver — rather than simply a way to cut costs and paper. “There is opportunity now to bring it all together and complement each other.

Education 49

Education Accounts Payable Reconciliations Prioritization 49

The Charity CFO

MARCH 2, 2022

And then the second type of reconciliation that we talk about, we talk about the balance sheet reconciliation. So, um, timeliness is usually the key of where all the issues are stemming from, like, why are the bank reconciliation not done on time? It’s all those reconciliations we’re talking about.

Nonprofit 98

Nonprofit Auditing Reconciliations Accounting 98

Future CFO

AUGUST 3, 2021

Companies needed to prioritize the forecast components, to figure out what was more volatile. For example, the company is now looking to automate AR and accounts reconciliation. “We So, they can create efficiencies, even though they were asked to do more.

Finance 52

Finance Forecasting Financial Modeling Accounts Payable 52

PYMNTS

APRIL 17, 2020

Increasingly, accounting platforms are exploring how looping into business clients’ bank data can streamline data collection, reconciliation and analytics. 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.

Banking 83

Banking Reconciliations Prioritization Accounting 83

PYMNTS

AUGUST 12, 2016

Global citizens , those individuals who prioritize their investments in family and family experiences outside of their own, have been forced to wade through an array of expensive and hard-to-understand options to get tuition payments from one country to the U.S., It’s worth noting that CVS supports no other mobile wallet at this point.

Reconciliations 40

Reconciliations Prioritization Securities Banking 40

PYMNTS

JANUARY 12, 2021

The same level of control and oversight that business managers are able to obtain when arming employees with virtual cards to spend company funds is a valuable asset in controlling procurement spend, too, while the data generated from these transactions can also strengthen efforts to automate reconciliation and analyze spend.

B2B 91

B2B Accounts Payable Reconciliations Prioritization 91

PYMNTS

OCTOBER 9, 2019

Having access to key data surrounding a transaction is critical for both sides’ reconciliation processes, he added, which is where the collaboration with Paymode-X comes in. “For them, it’s not so much about payment timing, or the payment itself, as it is about the supporting documentation that goes with it.”.

B2B 46

B2B Auditing Invoicing Reconciliations 46

CFO News Room

DECEMBER 28, 2022

The Economic Growth and Tax Relief Reconciliation Act (EGTRA) of 2001 created IRA catch-up contributions, effective for 2002 and future years. IRA Catch-Up Contributions To Be Indexed For Inflation.

Planning 130

Planning Securities Accounting Tax Planning 130

Barry Ritholtz

OCTOBER 3, 2023

There’s ways around that during reconciliation for budget bills and things like that. And we’ve got software and AI that was talking about all this cyber hacks going on in the US Open and how you prioritize the hacks. Barry Ritholtz ] 01:52:18 Not even prioritize. I can’t make money. What should I do?

Marketing 108

Marketing Treasury Banking Profit and Loss 108