PYMNTS

DECEMBER 18, 2020

For the new B2B Payments Innovation Readiness Playbook: Adapting to Cash Flow Challenges Posed by the Pandemic , a PYMNTS and American Express collaboration, researchers surveyed over 2,200 treasury executives from small to large businesses across several verticals.

Treasury 76

Treasury Invoicing B2B Reconciliations 76

Simply Treasury

JUNE 3, 2021

Every year, EACT launches a treasury survey to identify top priorities for Corporates. Treasury top priorities. The 2021 EACT survey, as it has become a tradition, attempts early this year to determine what the treasury trends and priorities for multinational companies will be in the next 12 to 24 months.

Cash Flow Forecasting 130

Cash Flow Forecasting Treasury Forecasting Foreign Exchange 130

PYMNTS

NOVEMBER 4, 2016

Patrick Moore , executive vice president and head of Capital One ‘s Treasury Management Product Management group, told PYMNTS that these collaborations offer the ability to integrate niche FinTech capabilities into Capital One’s broader range of services.

Treasury 79

Treasury B2B Leverage Reconciliations 79

PYMNTS

SEPTEMBER 29, 2017

When it comes to corporate treasury, business clients demand robust solutions and services from their banks, and FinTech players are stepping in to help. But the banks themselves also have complex demands for their own treasury departments, which, like other corporations, must be able to manage finances, risk and compliance.

Treasury 56

Treasury Banking Compliance Risk Management 56

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. They can’t wait for end-of-month, or even end-of-week, reconciliation anymore,” she told Webster — and so corporates are pushing their banks to do something different.

Banking 97

Banking Accounts Payable Treasury Reconciliations 97

PYMNTS

JULY 8, 2016

In a recent announcement within the treasury management space, EDI Gateway, a service provider specializing in SMBs and focused on enterprise resource planning and B2B applications, linked up with AZUR , a cloud-based treasury management firm, to offer the latter’s eFinancialSuite to vendors.

Treasury 40

Treasury Reconciliations B2B Forecasting 40

PYMNTS

SEPTEMBER 26, 2018

The solution is compatible with existing Citi accounts receivable solutions, including Citi Payer ID Accounts for automated reconciliation. “API-based integration is one of the biggest topics across the industry,” said Naveed Sultan, the bank’s global head of Treasury and Trade Solutions, in a statement at the time. .

Accounting 75

Accounting Reconciliations Treasury Currencies 75

Bank of the West

NOVEMBER 22, 2021

Here’s what finance executives need to know about R2P and its potential benefits for treasury management. What R2P Means for Treasury Operations. They signal a broader move toward real-time processing and real-time treasury, and those trends are only accelerating. What is Request to Pay?

Treasury 98

Treasury Reconciliations Banking B2B 98

PYMNTS

JANUARY 31, 2018

That’s a metaphor, of sorts, and a caution for treasury management professionals as they navigate their swivel chairs, swiveling between spreadsheets on their desks, computer screens on desktops and even apps on their phones and tablets. When it comes to data, beware the swivel chair. But embrace integration. Why the disconnect?

Treasury 46

Treasury CFO Reconciliations Banking 46

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. HighRadius also offers services for cash reconciliation, eInvoicing and collections to help those in underserved markets.

Banking 89

Banking Treasury Reconciliations Invoicing 89

PYMNTS

JANUARY 19, 2021

Nick Nadgauda , global head of Technology with Citi’s Treasury and Trade Solutions, said in the release that the partnership is fortuitous because Volante’s payment processing technology is already used with Citi’s payments and transaction banking platforms.

Reconciliations 60

Reconciliations Treasury Technology Banking 60

PYMNTS

MARCH 16, 2020

In addition, the deal will allow better reconciliation of payments with the matching invoices. Risk will be less of an issue because of the increase in transparency and tighter control on foreign exchange payments, along with the currency exposures for those with stake in procurement and treasury.

SAP 99

SAP Foreign Exchange Reconciliations Currencies 99

PYMNTS

NOVEMBER 18, 2020

Panelists included Sarah Billings , PNC’s senior vice president and head of payments product, operations and strategy; Bridgit Chayt , Fifth Third Bank’s senior vice president and director of commercial payments and treasury management; and infrastructure expert Domenico Scaffidi of Volante Technologies. Eyeing Efficiency . Looking Ahead.

Reconciliations 98

Reconciliations B2B Treasury Banking 98

PYMNTS

MAY 28, 2020

The FinTech enterprise Software-as-a-Service (SaaS) company, which is focused on automating treasury management and order-to-cash processes, said the new technology reinforces its investment and plan to make AR automation an important driver for business expansion, according to an announcement.

Technology 52

Technology Reconciliations Accounts Payable Credit Risk 52

PYMNTS

APRIL 14, 2020

The digital transformation of corporate treasury is not a destination; it’s a journey. As a treasurer, maybe you would conquer the first few things, which are visibility and reconciliation, and then you would move into other niche areas that you want to automate further to add strategic value to the business.”.

Cash Flow Forecasting 92

Cash Flow Forecasting Treasury Foreign Exchange Benchmarking 92

PYMNTS

NOVEMBER 7, 2017

Citi’s Treasury and Trade Solutions is bringing its accounts receivable (AR) Payer ID solution to more markets around the globe. It aims to reduce Days Sales Outstanding and supports streamlined reconciliation. The FI added that AR and reconciliation can be especially challenging for companies that receive payments across borders.

Reconciliations 48

Reconciliations Treasury B2B Cash Management 48

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

FEBRUARY 1, 2021

Reconciliation Challenges. Slow reconciliation processes can result in extra costs and headaches, for example, by tying up staff schedules with tasks that could be managed by automation instead, Hagan said. Call For Integrations.

Accounts Payable 93

Accounts Payable Reconciliations Invoicing Treasury 93

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

DECEMBER 1, 2020

In addition, users will be able to access real-time statuses for transactions and reporting, letting automation happen for the reconciliation process, the release says. And, the processes are all integrated with other Cobase modules for cash and treasury management.

Foreign Exchange 58

Foreign Exchange Treasury Reconciliations Invoicing 58

PYMNTS

FEBRUARY 11, 2020

“This capability introduces a new level of efficiency and control in managing a business’s receivables and cash flow,” said Lisa Lansdowne-Higgins, vice president of Business Deposits & Treasury Solutions at RBC. We’ve digitized the manual reconciliation process and eliminated the need for expensive, paper-based [checks].

Banking 57

Banking Reconciliations Treasury Leverage 57

PYMNTS

JULY 10, 2019

Lisa Lansdowne-Higgins, vice president of business deposits and treasury solutions at the Royal Bank of Canada (RBC), recently told PYMNTS that these three disruptors have a significant opportunity to shake up accounts payable processes thanks to the impact they have on data. Open Banking. Bank-FinTech Collaboration.

B2B 62

B2B Accounts Payable Mergers and Acquisitions (M&A) Reconciliations 62

PYMNTS

DECEMBER 28, 2020

But careful examination of what tech is needed — and where — can result in positive ripple effects that improve operations well beyond the corporate treasury department. Cost is only one consideration. Banks have been creating their own IT scripts and technology stacks for decades. Sassone pointed to the fact that half of all U.S.

B2B 86

B2B Accounts Payable Treasury Reconciliations 86

PYMNTS

NOVEMBER 11, 2020

Automating capital management can keep organizations from scrambling for last-minute funding from banks to ensure there is enough cash on hand, thus limiting stress on treasury professionals and preventing excessive employee turnover.”.

Accounts Payable 87

Accounts Payable Invoicing Treasury Reconciliations 87

Strategic Treasurer

JANUARY 6, 2022

Coffee Break Session Host Alexa Cook catches up with Strategic Treasurer’s Managing Partner, Craig Jeffery, to discuss what RTP is and how it can be advantageous from a treasury perspective. Hey guys, welcome to The Treasury Update Podcast Coffee Break Session. Hey guys, welcome to The Treasury Update Podcast Coffee Break Session.

Treasury 52

Treasury Concentration Reconciliations Banking 52

PYMNTS

OCTOBER 18, 2020

HighRadius has an impressive brand, a dedicated team, supportive and engaged customers, and has continued its innovation in the order-to-cash and treasury space,” he said, according to the release. The suite offers services for cash reconciliation, eInvoicing, collections and credit risk assessment.

CFO 64

CFO Finance Reconciliations Credit Risk 64

The Finance Weekly

JANUARY 22, 2024

Certified Treasury Professional (CTP) This certification highlights expertise in treasury management, showcasing proficiency in cash processing, reconciliation, and financial statement analysis. It builds a strong foundation by integrating theory, industry practices, and professional standards.

CFO 52

CFO Education Communication Leadership 52

PYMNTS

JANUARY 13, 2021

Using advanced analytics in the service of cash flow can be a significant aid as treasury operations and AR operations are converging at a rapid clip, Shields noted — which means treasury officials can make better decisions about working capital and how cash needs may be changing within a company (optimizing ongoing operations).

Accounting 94

Accounting Invoicing B2B Treasury 94

PYMNTS

APRIL 11, 2017

That includes line-item details, Visa said, with that data able to integrate into reconciliation tools. spend less time on reconciliation of their purchases and allow more card management options — all with the existing value and cost savings that come with an Amazon Business account.”.

Reconciliations 40

Reconciliations B2B Auditing Treasury 40

PYMNTS

NOVEMBER 7, 2018

“Corporate treasurers are increasingly seeking to manage their payments functions in real-time to enhance control and visibility of their cash flows,” Steve Evans, head of Corporate Liquidity and Bank Treasury, FIS, said in a press release. million payments annually.

Treasury 58

Treasury Reconciliations Leverage eCommerce 58

PYMNTS

JULY 28, 2020

CFOs and AP teams must also keep their suppliers top of mind, as well as their ability to ingest that transaction data and accept funds to support an automated reconciliation process. The concept of promoting transaction data integration for both AP and accounts receivable (AR) teams can be a difficult one for finance chiefs to grasp.

B2B 70

B2B Reconciliations Accounts Payable Prioritization 70

PYMNTS

MARCH 17, 2020

Morgan’s Head of Wholesale Payments Solutions Lia Cao, corporate treasury solutions must be digital, flexible and holistic. If I’m real-time on the front end, how do I think about back-end reconciliation? According to J.P. Cao said. “If These are uncharted waters for our clients.”.

Treasury 69

Treasury Reconciliations Banking Compliance 69

Strategic Treasurer

FEBRUARY 22, 2023

Survey Results Treasury Fraud & Controls Thank you to all of those who participated in our 2023 Treasury Fraud & Controls survey. Pre-Request the Report Depth of Coverage This annual survey seeks to evaluate the current and projected impact of fraud on the finance and treasury environment.

Treasury 52

Treasury Reconciliations Education Securities 52

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.

Cash Flow Forecasting 139

Cash Flow Forecasting Banking Education Reconciliations 139

PYMNTS

OCTOBER 31, 2019

It’s great to get a check, or wire, or ACH, but if you don’t know what it’s to be applied to, you have a huge cash application and reconciliation challenge.”. Increasingly, companies are receiving payments not only via paper check, but in a variety of electronic methods. Further, AR is also about planning for the future.

Reconciliations 43

Reconciliations Invoicing B2B Treasury 43

PYMNTS

NOVEMBER 25, 2020

As A2A capabilities evolve with a range of payment rails, he predicted that these value propositions will likely help RTP achieve ubiquity and emerge as a key tool for treasury management teams. On both ends, said Bloh, RTP can enhance cash flow management in ways that slower payment methods don’t support. Deepening Data Ties.

B2B 116

B2B Invoicing Reconciliations Treasury 116

PYMNTS

OCTOBER 20, 2019

Mastercard Bill Pay Exchange also benefits billers by reducing the cost of mailing paper bills and processing checks, providing streamlined reconciliation and lowering customer support costs. These merchants will also have the option to accept cards, real-time payments, or traditional bank account payments as they do on their own websites.

Reconciliations 45

Reconciliations Treasury Communication Banking 45