CFO News Room

NOVEMBER 6, 2022

They have made it abundantly clear that trust between companies and their suppliers is integral to building a resilient supply chain. But how do firms work to develop and maintain trust? And, if trust has been reduced, is it possible to change course and create a better relationship? But low trust in a business relationship is a two-way street.

Pharmaceutical 130

Pharmaceutical Communication Accounting Economics 130

PYMNTS

JANUARY 30, 2020

The Finnish electronic invoicing and source-to-pay firm Basware has launched an updated edition of Basware Purchase to help its business clients boost user adoption while achieving 100 percent spend visibility and increasing return on investment (ROI), the company announced on Thursday (Jan.

Invoicing 52

Invoicing Securities Investments B2B 52

PYMNTS

OCTOBER 18, 2019

Supply chain and procurement optimization solution provider LevaData is collaborating with IBM to augment its data analytics capabilities, the firms said in a Thursday (Oct. Together the companies are rolling out the DirectSpend IQ solution, which deploys IBM managed services solutions with LevaData’s Cognitive Sourcing Platform.

Manufacturing 40

Manufacturing Finance Technology Investments 40

PYMNTS

JANUARY 22, 2020

Accenture has a blockchain solution that just went live, according to a press release. Given this, Accenture Procurement asked our internal IT and Accenture Technology blockchain organizations for a solution.”. Keeping track of everything is complicated, and onboarding new clients involves a lot of data collection.

Manufacturing 52

Manufacturing Invoicing Compliance Securities 52

Bank of the West

AUGUST 17, 2021

Learn how hospital CFOs, sustainability officers, and procurement staff are collaborating on solutions, from sourcing more sustainable supplies to uncovering the often-surprising financial benefits of environmental initiatives. But there are often barriers to implementation. READ ARTICLE >.

Healthcare 52

Healthcare Leadership Banking Treasury 52

Future CFO

MAY 1, 2024

A career “Expectation for a controller continually evolves,” according to Giselle Arellano-Geronimo , vice president – head of finance, accounting & procurement (controller) at Shearwater Health , and the winner of the 2024 FutureCFO Controller of the Year Award. Meanwhile, Francisco Ramon Jr.

Leadership 98

Leadership IFRS Finance Communication 98

PYMNTS

NOVEMBER 17, 2020

an unprecedented surge in demand for medical equipment like N95 masks, respirators and isolation gowns has created a nightmare procurement scenario for the healthcare industry. On the buyer side, the PPE market climate also exposed another massive point of friction in the procure-to-pay process: an imbalance of buying power.

Marketing 94

Marketing Nonprofit Manufacturing B2B 94

PYMNTS

NOVEMBER 5, 2019

Workday is going to acquire cloud-based procurement and e-software company Scout RFP for $540 million, according to reports. Based in San Francisco, Scout RFP is designed to aid organizations with their procurement processes, from intake through supplier management. “As 31 of that year.

Compliance 40

Compliance Investments Planning Marketing 40

PYMNTS

OCTOBER 24, 2018

Now, new research suggests that the digitization hurdle is also holding back the procurement function. LevaData ‘s 2018 Cognitive Sourcing Survey found procurement officials are relatively well-versed on the potential that a data-driven approach to sourcing and procurement has on efficiencies and cost savings.

Risk Analysis 61

Risk Analysis Corporate Finance Treasury Technology 61

PYMNTS

OCTOBER 17, 2018

Business services conglomerate Accenture is expanding its blockchain solution offerings with the development of a procurement platform launched in Thailand. The platform, dubbed B2P, supports payment sending and receiving, and can link businesses on the solution to financing. ” . ”

Invoicing 72

Invoicing Finance Securities Numbers 72

PYMNTS

OCTOBER 17, 2016

Spend management firm SciQuest is partnering with Denali, a provider of procurement solutions, to accelerate the ability of procurement companies to realize savings. 14), SciQuest and Denali said they are offering a joint solution , Sourcing Jump-Start, to support cost-effective procurement.

Leverage 59

Leverage Technology Planning B2B 59

Future CFO

OCTOBER 24, 2021

There is a lack of scalable solutions in the market, which makes supply chain financing out of reach for many businesses, MasterCard said. As a result, only the largest suppliers can access working capital solutions, while trillions of dollars are tied up in accounts receivable each year, the firm pointed out.

Finance 52

Finance Accounts Payable Reconciliations Accounting 52

PYMNTS

DECEMBER 2, 2019

The following Deep Dive analyzes the spend management challenges these charitable and humanitarian groups face, as well as how workforce spend management and electronic procurement tools could help them more effectively manage their expenses. . Spend Control Challenges And Solutions. There are approximately 1.56

Nonprofit 56

Nonprofit Cash Management Leadership Education 56

PYMNTS

JANUARY 20, 2020

scoutbee as a solution is unrivaled in its specific capability for strategic scouting,” said Gregor St? scoutbee as a solution is unrivaled in its specific capability for strategic scouting,” said Gregor St?hler, One of the biggest expenses for companies is external sourcing, which can average 43 percent of total costs.

Leverage 52

Leverage Securities Marketing Technology 52

PYMNTS

MARCH 17, 2020

Costco has announced the purchase of logistics company Innovel Solutions, which was owned by Sears parent company Transform Holdco, according to a report by The Wall Street Journal. Both the upward demand and issues with procuring inventory from China means the company runs out of items daily.

Manufacturing 58

Manufacturing Planning Retail 58

PYMNTS

APRIL 23, 2019

Source-to-pay and eInvoicing solution provider Basware has struck a collaboration with Valta Technology Group (Valtatech) to enhance automation in Australia’s superannuation market.

Accounts Payable 43

Accounts Payable Budgeting Compliance Accounting 43

Centage

MARCH 7, 2023

At Centage, we’re committed to equipping finance teams to meet this challenge by providing automated, cloud FP&A software solutions that make it easy to perform the detailed, bottom-up budgeting and sophisticated scenario analysis needed to spot risks and opportunities early. So how are CFOs shifting their goals for 2023?

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Investments Budgeting Forecasting 98

PYMNTS

APRIL 15, 2020

In an effort to provide procurement services innovation, supply chain payment and marketplace company Tradeshift has teamed with global service company Chain IQ , according to an announcement. The combination of Tradeshift solutions and Chain IQ’s expertise in procurement is creating a unique value proposition to clients.

B2B 52

B2B Technology 52

PYMNTS

SEPTEMBER 2, 2020

Consulting and implementation firm excelerateds2p has become part of the international partner network of source-to-pay technology provider Basware , according to a Wednesday (Sept. Part of that is ensuring that we’re implementing, driving adoption and supporting the most appropriate technology solution for them.”. 2) announcement.

SAP 52

SAP Accounts Payable Forecasting Finance 52

PYMNTS

JUNE 25, 2020

Below, PYMNTS rounds up the latest efforts for AR and AP solution providers to mitigate friction for both buyers and suppliers. MineralTree recently secured a partnership with global payments technology company TransferMate to expand the AP solution provider’s ability to support cross-border B2B invoice payments.

Invoicing 112

Invoicing Accounts Payable B2B Currencies 112

PYMNTS

APRIL 1, 2020

Streamlining and fostering strategic supplier relationships is key to optimizing procurement and lowering costs. Today more than ever, supply chain disruptions make optimizing ad-hoc procurement critical to keeping business – and cash – flowing, noted MSTS President Brandon Spear. Optimizing Ad-Hoc Procurement.

B2C 64

B2C B2B Marketing Education 64

PYMNTS

SEPTEMBER 8, 2020

Mastercard will harness supply chain information from N-Frnds, the virtual procure-to-pay platform of SGeBIZ, and other sources to team with Finastra and the firm’s Trade Bank clients with the goal of automating working capital finance access. 8) announcement. The ADB approximated a $1.5 8) announcement.

Forecasting 79

Forecasting Communication Finance Economics 79

PYMNTS

JUNE 23, 2017

Fresh off the Ariba Live event held in Prague earlier this month, SAP Ariba is taking a fresh dive into the trends driving procurement. The company recently released its Spot Buy solution in Europe, too, through a collaborative partnership with Mercateo. “It’s very mind-power-intensive. It’s very process-intensive.”

SAP 55

SAP Marketing Compliance Leadership 55

PYMNTS

JANUARY 21, 2021

Payment solution provider REPAY Holdings Corporation has connected its systems with Billtrust. JAGGAER Joins Forces With TransferMate on ‘Source to Settle’. Procurement technology company JAGGAER has collaborated with TransferMate to provide offerings from “source to settle,” according to an announcement.

B2B 85

B2B Banking Reconciliations Currencies 85

PYMNTS

OCTOBER 8, 2018

Indeed, research from ThomasNet in its 2018 Industrial Buying Habits Report found Google to be the most common digital platform for companies to source and connect with suppliers. Understanding who one is doing business with is the first step to mitigating a myriad of risks, including non-compliance, non-payment, violated contracts and more.

B2B 75

B2B Compliance Prioritization Marketing 75

PYMNTS

JUNE 15, 2018

Financial analytics firm RapidRatings and procurement technology company SynerTrade are collaborating on a solution for companies to mitigate procurement risk. ” Together, the companies are embedding the financial health scores of suppliers into businesses’ procurement and sourcing processes.

Risk Management 43

Risk Management Leverage Sales Technology 43

Future CFO

FEBRUARY 16, 2023

Lee Thong Tan (pictured), CFO Practice Lead, Asia, Workday explained in an interview with FutureCFO why cost cutting is not an effective way to deal with that and what CFOs could do to combat existing challenges. Why cost cutting isn't the best way? In Singapore, hybrid work arrangements have become a way to improving work-life harmony.

CFO 52

CFO Finance Economics Leverage 52

PYMNTS

JUNE 18, 2020

Global spend management cloud solution firm Ivalua has released its new platform to help companies better manage spending and suppliers with visibility and automation, according to a press release. Now, all companies will have the option of working with the tools for better allocation and supplier selection, the release says.

Accounts Payable 56

Accounts Payable Invoicing Compliance Accounting 56

PYMNTS

DECEMBER 5, 2018

Procurement and financial process automation firm Corcentric announced a new credit facility that it secured as it prepares to invest in expansion. “We’re continually investing in further improving our technology and solutions, benefiting our customers as we help them to transform procurement, accounts payable and billing.”

Mergers and Acquisitions (M&A) 49

Mergers and Acquisitions (M&A) Finance Accounts Payable B2B 49

PYMNTS

JUNE 18, 2018

Large-scale enterprises are quickly realizing the importance of strategic supplier sourcing – and that means more than finding the cheapest prices on goods they need. The eProcurement and strategic sourcing departments have not always received the attention they deserve from the executives investing in technology for the enterprise, however.

Treasury 46

Treasury Technology Investments Finance 46

PYMNTS

NOVEMBER 14, 2019

14) said Tradeshift and Wax Digital will collaborate to offer web3, an eProcurement solution using Wax Digital technology that provides procurement technologies integrated into the Tradeshift network as a new enterprise app. A press release issued Thursday (Nov. Due to this demand, Wax Digital is a natural fit for our platform.”.

Invoicing 40

Invoicing Technology Planning Marketing 40

PYMNTS

AUGUST 12, 2019

The government’s procurement of cloud computing services has been hit by criticism, largely around accusations the Department of Defense unfairly favors Amazon ’s Amazon Web Services, with Oracle and IBM , both of which were eliminated from the bidding process, accusing the government of an unfair procurement process.

Startups 53

Startups Transportation B2B Technology 53

PYMNTS

JULY 20, 2020

Conduent has launched its new solution called Contract Analytics, which will automate the contracts process and help diminish risk and revenue loss between buyers and suppliers, according to a press release. Contracts can be reviewed and analyzed using the integrated platform, benefitting procurement, legal, finance and accounting functions.

SAP 70

SAP B2B Compliance Finance 70

PYMNTS

AUGUST 4, 2017

Procure-to-pay company Zycus is stepping into the middle market. The company announced Thursday it is launching a source-to-pay program for mid-market companies and small, high-growth firms looking to improve their procurement functions. The program is called Zycus Genesys.

Marketing 51

Marketing Budgeting Compliance Cost Management 51

Collectiv

OCTOBER 17, 2022

Power BI creates powerful reports with your existing data or becomes an integral part of broader Power Platform solutions. Power BI creates powerful reports with your existing data or becomes an integral part of broader Power Platform solutions. Power BI is the perfect solution to combine multiple data sources into one report.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Financial Analysis Healthcare Budgeting 52

Collectiv

OCTOBER 17, 2022

Power BI creates powerful reports with your existing data or becomes an integral part of broader Power Platform solutions. Power BI creates powerful reports with your existing data or becomes an integral part of broader Power Platform solutions. Power BI is the perfect solution to combine multiple data sources into one report.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Financial Analysis Healthcare Budgeting 52

PYMNTS

OCTOBER 1, 2019

Payments company Discover has entered a new partnership with source-to-pay solution provider JAGGAER to power B2B payments on the JAGGAER ONE procurement platform. In a press release issued Tuesday (Oct. 1), Discover announced its collaboration to enable payments via virtual card from directly within the JAGGAER ONE platform.

Reconciliations 51

Reconciliations Valuation B2B Invoicing 51