PYMNTS

DECEMBER 16, 2020

Commercial cards have seen an increased adoption in both large and small Indian businesses as an option to protect and digitize supplier payments, drive savings and simplify reconciliation, according to the release. Corporates will have improved compliance and security in strategic purchases and larger payments.

Reconciliations 92

Reconciliations B2B Invoicing Compliance 92

https://trustedcfosolutions.com/feed/

MARCH 22, 2023

You can track invoices, payments, and expenses in real time and securely access your financial data from anywhere. Reconciliations — Reconciliations involve comparing your accounts payable ledger to your vendor statements and ensuring they match. Electronic Payment Systems.

Accounts Payable 108

Accounts Payable Accounting Invoicing Reconciliations 108

CFO News

APRIL 18, 2023

Businesses must take up reconciliations regularly throughout the month and instantly convey any misreporting, omissions or delays in ITC reporting to their respective sellers. In turn, it has led them to take additional steps to secure ITC reporting, such as GST payment blocking while releasing invoice payments.

Reconciliations 52

Reconciliations Invoicing Communication Securities 52

Bramasol

APRIL 15, 2024

Also, security of data being used in AI and Gen-AI planning will need to be rigorously managed to assure accuracy, timeliness, and security. These types of applications still have relevance going forward and it is helpful to view them holistically within a broader overall AI ecosystem.

SAP 88

SAP Financial Planning and Analysis (FP&A) Compliance Reconciliations 88

Strategic Treasurer

FEBRUARY 22, 2023

This research discovered how your fraud experiences and security practices has changed. Has your security framework been strengthened? What security threats are on the rise? Survey Results Treasury Fraud & Controls Thank you to all of those who participated in our 2023 Treasury Fraud & Controls survey.

Treasury 52

Treasury Reconciliations Education Securities 52

PYMNTS

MARCH 16, 2018

Through the collaborative efforts of those with backgrounds in payments and security, the Federal Reserve’s Secure Payments Task Force has published “Payment Lifecycles and Security Profiles.” The profiles provide a perspective on the most common payment types, covering enrollment, transaction flow and reconciliation.

Securities 40

Securities Reconciliations Education Banking 40

Future CFO

JANUARY 22, 2024

Modern accounting software integrates seamlessly with diverse financial systems, automating tasks such as data entry, bank reconciliation, and invoice processing. Enhanced Financial Security The rapid integration of technology has underscored the paramount importance of data security and privacy within the accounting industry.

Accounting 52

Accounting Reconciliations Financial Analysis Financial Data 52

PYMNTS

OCTOBER 5, 2020

“We’ve seen the acceleration [away from manual, paper-based back-office functions] due to employees working from home” and issues tied to security and battling potential fraud, Joiner said. We’re seeing increased costs to have security around the printing of checks, and what I’ll call ‘the old ways,’” said Joiner.

Healthcare 130

Healthcare B2B Reconciliations Accounts Payable 130

Strategic Treasurer

MARCH 21, 2022

Has your security framework been strengthened? Practitioners from all industries are polled on their experiences with fraud and on the range of controls, safeguards and security practices employed to protect their financial assets and information. Security Practices Employed (Both Human & Technological).

Treasury 52

Treasury Reconciliations Education Risk Management 52

Strategic Treasurer

APRIL 3, 2023

This research discovered how your fraud experiences and security practices has changed. Has your security framework been strengthened? What security threats are on the rise? Survey Results Treasury Fraud & Controls Thank you to all of those who participated in our 2023 Treasury Fraud & Controls survey.

Treasury 52

Treasury Reconciliations Education Risk Management 52

PYMNTS

SEPTEMBER 16, 2020

For the Electronic Banking feature, Acumatica will offer secure connections with more than 11,000 financial institutions with multiple authentication methods and tokenization technology, according to the release. And anomaly detection and streamlined bank reconciliation will be available.

Reconciliations 76

Reconciliations Auditing Compliance Banking 76

CFO Simplified

JANUARY 5, 2024

The difficulty is that often an office manager, or senior member of the accounting team is responsible for maintaining the financial security of the firm with little or no oversight. Bank Reconciliation and Oversight: Regularly reconcile bank statements with internal financial records to identify any discrepancies promptly.

Auditing 52

Auditing Reconciliations Compliance Securities 52

PYMNTS

MARCH 1, 2019

While this information is useful for invoice reconciliations, payments tracking and more, cybercriminals could use it to transmit malware embedded in the payments attachments or links. Security strategies. These messaging standards attach more data to the transactions.

Securities 53

Securities Reconciliations Banking Invoicing 53

https://trustedcfosolutions.com/feed/

AUGUST 12, 2022

In 2018 the security Exchange Commission released updated guidance requiring companies to “establish and maintain appropriate and effective disclosure controls and procedures that enable them to make accurate and timely disclosures of material events, including those related to cybersecurity.” Sage And Cybersecurity.

Compliance 109

Compliance Reconciliations Auditing Securities 109

PYMNTS

JANUARY 26, 2021

Doing so, the bank noted, will streamline and enhance a range of payment-related workflows, including sanctions screening, anti-money laundering (AML) checks, reporting and reconciliation. HashCash Brings Blockchain Tech To Unnamed Bank. to bring its blockchain-powered corporate trade financing technology into the entity.

Banking 142

Banking Reconciliations B2B Financial Data 142

PYMNTS

MAY 24, 2016

The firm revealed the rollout of its commercial payment solution, TSYS Virtual Payment Precept (VPP), a virtual payment tool for accounts payable and accounts receivable to streamline reconciliation and heighten risk controls in the B2B payments space, the company said.

B2B 41

B2B Securities Accounts Payable Reconciliations 41

PYMNTS

JULY 15, 2020

. “With a cashless, plastic-free payment offering, virtual cards are replacing legacy payment methods because they overcome many historic payment challenges, such as labor-intensive reconciliation, fraud exposure and limited data insight,” according to the release.

Reconciliations 75

Reconciliations Transportation Compliance Leverage 75

PYMNTS

SEPTEMBER 17, 2020

Our client schools and their student families around the world trust Mastercard for convenient and secure payments,” said Massaro in the release. It has the ability to expedite the flow of funds, ease reconciliation and streamline operational expenses, the release stated.

Foreign Exchange 126

Foreign Exchange Education Reconciliations Currencies 126

Future CFO

AUGUST 1, 2023

Companies are increasingly seeking secure and compliant solutions to manage their financial data. Financial and accounting processes include managing the general ledger, accounts receivable & payable, billing and invoicing, reporting & analytics, bank reconciliation, budgeting & forecasting, etc.

Invoicing 98

Invoicing General Ledger Reconciliations Budgeting 98

https://trustedcfosolutions.com/feed/

APRIL 5, 2023

Accruals and reversals are automated, and entries are visible at all times, reducing the manual work needed for journal entries and reconciliations. With Sage Intacct, you can alleviate some of that pressure and ensure your organization’s financials are accurate, secure, and provide powerful insights.

General Ledger 62

General Ledger Reconciliations Accounting Standards Auditing 62

PYMNTS

NOVEMBER 23, 2020

The result, according to the firms: simplified money movement between buyers and suppliers and automated payment processing and expense reconciliation. Commercial Pay Travel helps companies manage business travel spend by integrating with business travel reservation processes and reconciliation. Visa and Conferma Pay said Monday (Nov.

B2B 115

B2B Reconciliations Finance Economics 115

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 . Looking Ahead.

Reconciliations 98

Reconciliations B2B Treasury Banking 98

Future CFO

OCTOBER 1, 2023

CIO, chief data officer, chief information security officer) to distinguish hype from reality and share results with other executive leadership team members. However, the extensive number of parameters and connections used to create these outputs prevent any transparent reconciliation of the algorithm’s response.

Leadership 52

Leadership Reconciliations Auditing Compliance 52

PYMNTS

JANUARY 17, 2021

ICICI’s current account holders will be able to use the partnership to securely connect their software to their bank accounts. Those lacking an ICICI account will be able to apply for one within AlignBooks, the report stated.

Banking 61

Banking Reconciliations Invoicing Accounting 61

PYMNTS

FEBRUARY 4, 2020

That’s particularly true in accounts receivable (AR), with B2B suppliers not only needing money to flow in from their buyers, but high-quality transaction data for reconciliation, reporting and analytics. A Reconciliation Headache. But very little, if any, thought is given to the downstream implications for the supplier.

Reconciliations 61

Reconciliations B2B Invoicing Accounting 61

PYMNTS

NOVEMBER 2, 2020

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. And with APSPays Vault, companies can store information securely and access reporting tools for reconciliation.

B2B 74

B2B Reconciliations Invoicing Currencies 74

PYMNTS

DECEMBER 7, 2020

Connected to Adflex’s payment platform, suppliers can “send a payment link via email or SMS,” enabling buyers, in turn, “to settle invoices quickly and securely from any geography, encouraging timely reconciliation and reducing cash flow problems caused by late payments,” Bermingham wrote.

B2C 65

B2C Reconciliations B2B Invoicing 65

PYMNTS

APRIL 7, 2019

The enhancements improve the payment-to-settlement time, increase security and reduce costs for both payers and receivers by further automating and streamlining reconciliation of the growing number of international payments coming from different countries in different currencies,” the company said.

Reconciliations 62

Reconciliations Currencies Invoicing Compliance 62

The Finance Weekly

APRIL 13, 2024

Key Features Multi-layer security AI-driven anomaly protection Annual operating plan Pricing Pricing for Planful is not available on their website, but you can always reach out to their Sales Team to schedule a product demo and customized quote. Starter: $29/month – Good for sole traders, new businesses, and the self-employed.

Financial Planning and Analysis (FP&A) 52

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

Bramasol

MARCH 7, 2024

Excessive digital debt can exhibit the following symptoms, many of which appear together: Lack of flexibility and agility Inability to measure results Lack of end-to-end visibility Need for ongoing data manipulation and reconciliation between systems High maintenance costs and slow support responses Limited scalability options Orphaned code that no (..)

SAP 81

SAP Compliance Reconciliations Leverage 81

PYMNTS

JUNE 16, 2020

Add accuracy and security to velocity and it makes a kind of “rule of threes” for the payments space today. Manual Reconciliation, Begone. Among the most consistently troublesome of manual processes is reconciliations, which are not only slow but also notoriously error-prone. This is where AP automation is stepping in.

Reconciliations 67

Reconciliations Invoicing Accounts Payable Auditing 67

PYMNTS

DECEMBER 14, 2020

We are delighted to launch these solutions which are intended to facilitate payments for corporates, in addition to enhancing security features for these processes,” Kumar said in the announcement. According to news in June, Dubai-based ridesharing firm Careem had entered into a collaboration with Visa to grow digital payments.

Banking 67

Banking B2B Reconciliations Securities 67

PYMNTS

NOVEMBER 16, 2020

James Anderson , executive vice president of global commercial and B2B solutions at Mastercard, said the idea was to build a new, secure kind of payment rail. This milestone is another step in the journey away from paper-based frustration, incomplete data and manual reconciliation work — to a fully-digitized business payments process.”.

Reconciliations 81

Reconciliations B2B Leverage Accounting 81

PYMNTS

JULY 10, 2019

The service automatically extracts data from invoices, PDFs and other trade documents and automates accounts payable while storing payables information for reconciliation and accounting. Businesses can pay invoices immediately or dictate a payment date while retaining a fixed foreign exchange rate when they upload an invoice to the platform.

Foreign Exchange 64

Foreign Exchange Accounts Payable Invoicing Reconciliations 64

PYMNTS

JANUARY 28, 2021

Among the biggest challenges in commercial card adoption is that while cards can be beneficial to payers, payees in the AR department struggle with the costs of card acceptance and the burden of manual data and secure data maintenance. Data from the transaction is integrated into the accounting solution to streamline reconciliation.

Accounts Payable 61

Accounts Payable Reconciliations B2B Accounting 61

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. Discrepancies or outliers are investigated to ensure accuracy and integrity of the data.

Leverage 52

Leverage Auditing Compliance Invoicing 52

PYMNTS

JANUARY 19, 2021

The collaboration is part of Eedenbull’s efforts to expand globally after having secured 65 banking partnerships across Europe, according to a report. Current account holders at ICICI Bank can now link their bank account data into AlignBooks software to automate data entry and streamline reconciliation. BNL Goes Live With Tink.

Banking 136

Banking Reconciliations Compliance Finance 136