Centage

APRIL 4, 2023

A profitability ratio used by analysts and investors, profit margin, helps reveal whether a business is making or losing money. In some cases, leaders may be able to negotiate lower prices from suppliers by agreeing to longer-term contracts. Additionally, companies can increase margins by optimizing costs.

Financial Planning and Analysis (FP&A) 98

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

PYMNTS

NOVEMBER 12, 2020

It may be an open road for open banking as, three years after the rollout of the second Payment Services Directive (PSD2), bank-FinTech collaborations and new initiatives unlocking bank account data continue to flourish. Visa Launches FinTech Collaboration Initiative In Europe. But it may not always be smooth sailing ahead.

Banking 88

Banking Treasury Foreign Exchange Risk Analysis 88

PYMNTS

DECEMBER 24, 2020

Cards rose to the top of the priority list as organizations not only needed a digital payment solution, but one that could support healthier cash flow amid market volatility — whether that meant gaining greater visibility into spend, taking advantage of capital float, or the opportunity to pay suppliers more quickly.

Accounts Payable 81

Accounts Payable B2B Entertainment Accounting 81

PYMNTS

NOVEMBER 8, 2017

But in an increasingly interconnected world, even competing companies need to collaborate. Car dealers need parts from competing suppliers and manufacturers to keep repair shops and vehicles running without a hitch. These can obviously be used prominently in the financial services space,” he said.

B2B 86

B2B Manufacturing Reconciliations Healthcare 86

PYMNTS

NOVEMBER 20, 2019

Much of what commercial card innovators seek to address is a massive pain point for adoption: supplier acceptance. Collaboration is key to many of these efforts, with big banks working with Boost Payment Solutions, Coupa, Mesh and OPEN. Amex Collaborates On Virtual Card Adoption.

B2B 62

B2B Banking Startups Technology 62

PYMNTS

SEPTEMBER 7, 2020

For the corporate card, 2020 has been a season for dramatic shifts in how the payment tool is used and the value it adds to the enterprise. At the commencement of 2020, the commercial card was continuing to find its footing in a world of B2B payments in which supplier acceptance remained limited. Winter Blues. Indeed, the U.S.

Accounts Payable 98

Accounts Payable B2B Invoicing Startups 98

Future CFO

JULY 21, 2021

The adage “cash is king” resurfaces every time the world is on the brink of collapse when capital is tight and economies unpredictable as in the case of the last year and a half with the onset of the COVID-19 pandemic. The way we use technology has completely streamlined the way we live, communicate, and do business across the globe.

Accounts Payable 95

Accounts Payable Finance Communication Accounting 95

PYMNTS

JUNE 10, 2020

Bank-FinTech collaboration continues as more industry stakeholders consider the value of open banking and areas of operations most prime to benefit from the business model. “It is exciting that this is now also possible using BNP Paribas virtual credit cards.” Railsbank Extends Aspire Functionality.

Finance 52

Finance Leverage Construction Banking 52

PYMNTS

DECEMBER 28, 2020

In a recent announcement, Nacha said that a survey it conducted in collaboration with Blueflame Consulting and Research revealed the accounts payable department's growing exposure to fraud risks, the result of challenges in maintaining and verifying data, vendor on-boarding, and other manual tasks. million business email scam. "We

B2B 116

B2B Accounts Payable Invoicing Manufacturing 116

PYMNTS

AUGUST 14, 2019

Making the leap to better supplier onboarding — through digital, rather than paper — means breaking down the silos. In its simplest terms, supplier onboarding represents the process of collecting the information needed to set up official relationships and commence trading in goods and services (and of course, paying for them).

Accounts Payable 66

Accounts Payable Healthcare Invoicing Communication 66

Bramasol

JUNE 30, 2023

Supply Chain Optimization : AI can optimize supply chain management by analyzing data from various sources, including suppliers, inventory systems, and logistics. In some cases, a full-stack deployment makes sense however in other scenarios, companies may be best served by combining one or more specific applications such as those shown below.

SAP 76

SAP B2B Leverage Analyzing Data 76

PYMNTS

JANUARY 18, 2019

. “There really is no notion of electronically transacting with your partners and suppliers.” However, it isn’t just the use case of buyer-supplier collaboration and communication in which electronic data is now a must. The concept of a blockchain-managed digital identity is not new.

B2B 78

B2B eCommerce B2C Communication 78

PYMNTS

SEPTEMBER 24, 2020

The entities said they will help credit unions and small- to medium-sized banks loop into the RTP network , with First Bank and Nano Banc among the first to do so as a result of the collaboration. The OCC said these banks and savings associations are allowed to hold "reserves" on behalf of clients using stablecoin. Outside the U.S.,

B2B 75

B2B Banking Currencies Treasury 75

PYMNTS

OCTOBER 29, 2018

The same goes for vendor payments, with technologies working to optimize payment rail choice based on what works best for both supplier and buyer. “Old suppliers are constantly dropping off, and new suppliers are continually being added. It’s a unique challenge to automation.”

B2B 73

B2B Accounts Payable Invoicing Accounting 73

PYMNTS

MAY 13, 2020

But in a collaborative effort with Flywire , Citi Commercial Bank is working to accelerate these transactions for Boston-area hospitals that need equipment fast. Citi and Flywire are putting their decade-old partnership to a new use in an initiative with The Boston Foundation , a community foundation connecting nonprofits to funding.

Healthcare 81

Healthcare B2B Foreign Exchange Nonprofit 81

Centage

SEPTEMBER 5, 2023

A profitability ratio used by analysts and investors, profit margin, helps reveal whether a business is making or losing money. It can be difficult to do, though, when you use a tool that has high overhead to performing calculations, like spreadsheets. Your analysis shouldn’t stop there.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Budgeting Benchmarking Valuation 98

PYMNTS

JANUARY 18, 2021

For example, in one case, the brothers allegedly changed the PO number of units from less than 100 to 10,000, allowing them to over-bill for the fake order. According to the publication, the individual is accused of issuing fraudulent invoices from legitimate suppliers in order to secure tax repayments for the company.

Invoicing 87

Invoicing Accounts Payable B2B Securities 87

Jedox Finance

SEPTEMBER 10, 2020

The crisis also highlighted the limitations with using legacy planning approaches. They have reduced fixed costs, changed leasing arrangements, and provided financing measures as lifelines for high-grade suppliers suffering a catastrophic reduction in cash flow. Reinventing for dynamic forecasting. Planning multiple business routes.

CFO 69

CFO Forecasting Budgeting Financial Modeling 69

PYMNTS

APRIL 1, 2020

Streamlining and fostering strategic supplier relationships is key to optimizing procurement and lowering costs. ” To highlight this challenge, PYMNTS recently collaborated with MSTS for the Innovating B2B Retail Payments Playbook: Optimizing Payment Solutions for Business Customers edition. Optimizing Ad-Hoc Procurement. .

B2C 64

B2C B2B Marketing Education 64

PYMNTS

JULY 22, 2019

But as is often the case in B2B payments, the AP world’s relative satisfaction with checks — despite their many drawbacks — might be chalked up to, “You don’t know what you don’t know.”. Keeping the Supplier In Mind. Remaining in a check-filled AP world, however, will prevent much of this progress from occurring.

Accounts Payable 57

Accounts Payable Reconciliations B2B Accounting 57

PYMNTS

JANUARY 30, 2020

Banks and FinTechs continue to discover new opportunities in unlocking corporate clients’ financial data, with banks embracing data integration for their own product development initiatives, and FinTechs finding new ways to collaborate with each other. Mastercard Taps FinTech for Biz Card Boost. Palette Reflects on Build-Versus-Buy.

Banking 64

Banking Accounts Payable B2B Compliance 64

CFO Talks

MARCH 19, 2024

This collaborative approach not only enriches the finance agenda with diverse perspectives but also builds a sense of ownership across the company. Keeping the Agenda Alive To keep the finance agenda relevant and front of mind, the CFO ensures it is a living document, regularly reviewed and updated.

CFO 52

CFO Communication Finance Budgeting 52

PYMNTS

MAY 4, 2020

Increasingly, those cries include calls to action for corporates to pay their small suppliers as more vendors struggle with late and delayed payments — and for government entities to support those measures. “In 2019, our company collaborated with PYMNTS and surveyed over 1,000 people in the U.S. In the U.S., alone, there were $3.1

Invoicing 64

Invoicing B2B Economics Finance 64

PYMNTS

MARCH 30, 2020

With many B2B suppliers struggling to hold onto revenue streams as corporate buyers cancel orders and withhold payment, finding new customers is critical to surviving the volatility. In many cases, the phone call can be the next best thing. ” What’s critical to this approach is collaboration. More Adjustments Ahead.

B2B 68

B2B Budgeting Sales Marketing 68

PYMNTS

AUGUST 21, 2019

The collaboration will deliver cost savings while automating inefficient tasks, facilitating risk reduction and improving compliance. Coupa’s platform is used by 750 organizations, including MGM Resorts International, Salesforce and Unilever.

Benchmarking 48

Benchmarking Reconciliations Budgeting Compliance 48

PYMNTS

FEBRUARY 1, 2021

The concept of an interconnected ecosystem using data to bridge silos has the potential to go beyond “things,” however. Although the purpose of digitization in the finance department is, in many cases, to strengthen cash management, the effect of so many siloed systems can actually be quite different. Bringing It All Together.

Finance 82

Finance Invoicing Reconciliations Prioritization 82

PYMNTS

APRIL 8, 2020

Relatively quick and painless integrations allow financial institutions (FIs) to embed their services directly into clients’ platforms, easing collaborative efforts and accelerating data flows between both parties. DBS found that clients often yearn for real-time transfers in these cases.

Banking 99

Banking eCommerce Leverage Reconciliations 99

PYMNTS

FEBRUARY 2, 2021

There is more than one way to embrace collaboration in today's business banking environment. In a press release , the bank pointed to use cases such as enabling employers to issue virtual cards for employees or suppliers, as well as the capability to establish spending limits and custom expiration dates to enhance spend control.

Banking 57

Banking Treasury Leverage Technology 57

PYMNTS

SEPTEMBER 17, 2019

However, it’s not necessarily the ability to pay suppliers in real-time that has companies enticed. Instead, taking a look at the latest solutions to emerge on the market shows various applications for speed in commercial transactions, from faster deposits for small businesses, to virtual cards enabling faster invoice payments for suppliers.

Accounts Payable 43

Accounts Payable B2B Accounting Invoicing 43

PYMNTS

JULY 6, 2020

The B2B API Tracker® done in collaboration with Red Hat , takes stock of parallel developments in both B2B payments and open banking that promise liberating new payments experiences. It’s worth the effort, as the growing number of B2B payments use cases prove.

B2B 76

B2B Banking Invoicing Education 76

PYMNTS

DECEMBER 5, 2019

Traditionally, different categories of business spending, including employee expenses, supplier payments, payroll and others, have been tackled separately. The sheer breadth of challenges in business payments means solutions must remain agile and applicable to a variety of use cases.

Accounts Payable 52

Accounts Payable B2B Problem Solving Nonprofit 52

PYMNTS

JULY 10, 2019

Some of the biggest industry trends, including faster payments, open banking and bank-FinTech collaboration, have found their ways into the Canadian market, the B2B payments space is not immune to disruption from these shifts. Bank-FinTech Collaboration. Faster Payments.

B2B 62

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

PYMNTS

AUGUST 6, 2019

While we continue enhancing our capabilities for these bank partnerships, we realized that specific products are required to address use cases which are peculiar to underserved SMEs and startups as their requirements are different.”. At the time, the startup said it would use the funding to grow its leadership team.

Accounts Payable 43

Accounts Payable B2B Startups Leadership 43

PYMNTS

MARCH 27, 2019

It’s also what keeps buyers feeling assured that suppliers will not take their hard-earned cash without delivering the services they promise. Outdoorsy establishes trust between users by requiring borrowers to provide personally identifiable information (PII) before use. To read the case study in depth, download the Playbook here.

Securities 58

Securities Retail Investments Marketing 58

PYMNTS

JANUARY 16, 2020

Fraudsters are starting off the new decade armed with the stolen data and credentials of millions of global consumers, and they are already putting that data to use. Firms must know how to divide fraudsters from their legitimate business suppliers, vendors and end customers. About The Playbook.

Advertising 53

Advertising eCommerce Technology Securities 53

PYMNTS

DECEMBER 12, 2019

There are a variety of reasons why this is the case, which stem beyond one of the most common explanations — that the U.S., and Europe, lacks the same government push for change, and in some cases, mandatory changes. You want to dip a toe in the water and have a use case out there,” Killam said. Though the U.S.

B2B 72

B2B Technology Marketing Securities 72

PYMNTS

JANUARY 21, 2020

As reported in The Small Business Guide To Rapid Settlement Report , a PYMNTS and Mastercard collaboration, the biggest problem facing America’s vital network of small businesses is money — or more accurately, the speed of money. It’s a wondrous story of economics and human ingenuity. Too bad they’re struggling to get paid.

Economics 52

Economics Forecasting Numbers Finance 52