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Life at IBSFINtech – The journey to new heights

IBS FINtech

Thought Leadership encouraging Invoice discounting positive SaaS Supportive treasury management solution Vendor ManagementFinTech is an ever-evolving cutting-edge technology-driven part of the finance industry.

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TreasuryTech major IBSFINtech launches VNDZY® – AI-powered SaaS solution for Supply Chain Finance

IBS FINtech

News connected ecosystem new product launch SaaS scalable supply chain finance sustainable treasury management system vendor management made easy vndzy

Finance 52
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TreasuryTech major IBSFINtech launches VNDZY® – AI-powered SaaS solution for Supply Chain Finance

IBS FINtech

News connected ecosystem new product launch SaaS scalable supply chain finance sustainable treasury management system vendor management made easy vndzy

Finance 52
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How Enterprise SaaS Ushers In A New Buyer-Supplier Dynamic

PYMNTS

But while SaaS itself has supported a business evolution, the buyer-supplier relationship between corporates and their software vendors remains an outdated paradigm, according to MetaCX Founder and CEO Scott McCorkle. ” Merging Customer-Vendor Relationship.

B2C 52
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IBM Deploys Trust Your Supplier Solution

PYMNTS

Dubbed Trust Your Supplier, the blockchain network enables businesses to more efficiently validate and onboard their vendors while maintaining a secure audit trail of buyer-supplier interactions down the supply chain, reports in ZDNet said Monday (Aug. Developed in partnership with blockchain consultancy Chainyard, the Trust Your Supplier tool automatically generates what IBM describes as a passport for vendor identity.

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PeopleScout Launches Enhanced Supplier Management Program

PYMNTS

PeopleScout , a workforce solutions company, announced that it has officially launched its enhanced supplier management program, the PeopleScout Supplier Network. The new network combines a comprehensive evaluation tool with scorecard rankings, and a cost structure review with expanded analytics, to ensure managed service provider (MSP) clients receive the best supplier fit for their needs.

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Procurement Professionals Unhappy With Tech Options

PYMNTS

The procurement department requires a strong technology foundation in order to control costs, manage supplier relations and generally execute the function effectively,” said Paul Mandell, cofounder and CEO of Consero, in a recent interview with SCMR. “To To that end, chief procurement officers should consider spending more time and energy in the coming months to identify and close technology gaps, as well as improve data management and analytics within their departments.”.

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Supplier Management Attracts $12M In Venture Capital

PYMNTS

An India-based startup helping businesses better manage their suppliers has raised new funding from investors. SirionLabs provides multinational companies with a way to manage and analyze supplier contracts and provide auditing and other solutions with the information. “Traditional procurement technology doesn’t cut the ice; managing the vendor after signature is the order of the day.”

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Procurement Is Ground Zero For Cybersecurity Protection

PYMNTS

The second is promoting the Enterprise Security Score to financial institutions — in particular, their procurement teams — to assess and mitigate vendor risk. “Regulators are requiring banks to be accountable for vendor performance, and one of the key risks with vendors is their security,” Clare stated. “Having a metric allows banks to be able to assess the security of their vendor infrastructure and the whole supply chain.”

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How eProcurement Puts The Heat On Government Suppliers

PYMNTS

Government procurement is the face of small business support, and the adoption of source-to-pay, spend management and digital invoicing tools can become a catalyst for adoption in the private sector. local and federal agencies may be upping the number of contracts out for vendors, but these companies have less time to act on the offer. The figures represent an average of a 36 percent decline in the time available for a vendor to make an offer.

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EMEA Canalys Forums 2021 – M&A Unpacked

Regent Assay

The Canalys Forums are the largest independent pan-region events for channel partners, distributors, and senior vendor management.

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Auditoria Debuts New Automation Features For Corporate Finance

PYMNTS

There are three new features — Intelligent Collections, Intelligent Vendor Management and Intelligent Planning — which are intended to remove time-wasting steps and friction and improve cash flow for corporate finance teams, the release stated.

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PayMyTuition Rolls Out B2B Supplier Payments Module

PYMNTS

To reshape how schools handle global business payments, payment processing provider PayMyTuition has rolled out an international vendor management module.

B2B 64
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ClassWallet Unveils Expense Tool For School Maintenance

PYMNTS

Miami-based FinTech ClassWallet has grown its classroom expense management offering to help with the requirements of custodial and maintenance workers in primary and secondary schools, according to a Monday (Jan.

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Business Development: Basic Overview of Activities

CFO News Room

Business Development Executive,” “Manager of Business Development,” and “VP, Business Development” are all impressive job titles often heard in business organizations. Project Management/Business Planning. Product Management. Vendor Management.

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B2B Tech Seeks To Connect Buyers And Suppliers Amid Market Volatility

PYMNTS

Cash flow volatility means the pressure is on for buyers to optimize their supplier payments, and for those vendors to receive payments as quickly as possible. PayMyTuition Meshes Education Vendor Management With AP.

B2B 79
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Tradologie Launches Global B2B Platform In India

PYMNTS

He said it is crucial to add some other value for the business like vendor management, customer payments or invoicing.

B2B 95
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BNY Mellon Partners With Early Warning Services For Faster Payment Times

PYMNTS

Bank of New York (BNY) Mellon has announced a new partnership with risk and payments solution provider Early Warning Services , aiming to boost digital B2B payments services for clients.

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Suplari Rolls Out New Tools For Spending Insights, Predictions

PYMNTS

Suplari , which works in spend agility, has debuted the next version of its Spend Industry Cloud, which has 175 different automated insights to help predict and manage costs, cash flow and investments, a press release says.

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New Jobs for Burned-Out Teachers Mean Learning the Rules of the Corporate World

CFO News Room

Instead of listing that you organized field trips, for instance, say you coordinated three annual events for hundreds of attendees, including marketing and vendor management, she advises. Katelyn McMahan, a manager at Aspireship, a tuition-free, software sales-training platform.

Education 130
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Scout RFP Partners With Suplari To Boost Business Spend Visibility

PYMNTS

The new integration with Suplari will “combine sourcing, contract, vendor management and pipeline with industry-leading spend analytics and sourcing insights” for a better experience for customers, the release states.

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GIACT On Getting Ready For Nacha's Debit Account Verification Changes

PYMNTS

Knowing if there have been recent NSF chargebacks can be indicative of how consumers manage their account — and give insight as to whether that web debit might be at risk,” said Johnson. The old saying goes: Faster payments, faster fraud.

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Top Software For Finance Professionals

FPA Insider

Implement speed controls by customizing approvals, improving vendor management, controlling expense management, and ­­looking over audit logs. “It’s We've rounded up the software your finance department needs in order to lead the pack.

Finance 52
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Visa Among Investors In PayMate’s Series D Growth Funding

PYMNTS

Features include vendor management, vendor payables, customer receivables and more. Ramachandran, Visa’s group country manager for India and South Asia. “At India’s PayMate announced it has raised a new round of growth capital to accelerate expansion within India and internationally to Central and Eastern Europe, the Middle East and Africa (CEMEA). .

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India Corporate Card Startup Karbon Lands Funding

PYMNTS

The company also has a expense management tool that allows founders of upstarts to make sense of their company spending and changes their capital flows. In seed funding from well-known angel investors, corporate card FinTech Karbon Card has notched $2 million.

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SoftCo Rolls Out ExpressAP Tech For Invoice Processing

PYMNTS

It says the product automates vendor invoice procedures, with the inclusion of “capture, registration, coding, approval, query, vendor management, reporting, and export to the customers’ ERP system.”.

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Square For Retail On Register Integrates POS, Payments

PYMNTS

Square for Retail offers a full sequence of tools, including stock and vendor management, margin reporting and more. .

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Descartes Acquisition Rounds Out Supply Chain Services

PYMNTS

According to the company, the STEPcom takeover strengthens Descartes’ presence in Switzerland and enhances its B2B toolset around the areas of data pool synchronization, product information management and vendor-managed inventory. In 2017, Descartes announced the takeover of Seattle shipping company ShipRush, a company that offers small businesses and retailers with shipping management solutions and supply chain efficiency tools.

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Qwil Eyes Vendor Payment Control With SAP Fieldglass Integration

PYMNTS

To provide vendors with control over how and when they receive their payments, the Qwil Supplier Payment Optionality Solution has become available on the SAP App Center. It uses different data such as payment information, which helps to keep the firm’s costs at a manageable level.

SAP 52
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Netspend CEO On Making The B2B Pivot

PYMNTS

He said those ecosystems are mainly focused with owning the engagement and interaction with the customer, which means they want payments and onboarding capability but don’t want to be program managers.

B2B 92
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Report: Overcoming Cross Border Invoice Complexities

PYMNTS

Vendors are suffering cash flow disruptions during the ongoing health crisis, and these hiccups have been especially painful for smaller companies that typically have fewer financial resources stashed away.

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Amazon Replacing Retail Vets With Software

PYMNTS

Amazon realized a lot of expensive employees were spending a lot of time working on things that should really be automated,” recalls Elaine Kwon, who worked as a vendor manager at Amazon from 2014 to 2016. Instead of calling their vendor manager, merchants simply logged into an Amazon portal that would determine if the site liked the deal being offered and the quantity it would buy.

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Williams-Sonoma Sues Amazon Over Private-Label Brand

PYMNTS

Vendor managers look at how big the legal risk is versus the sales they expect from the product.” Williams-Sonoma, a retail outlet that sells kitchenware and furnishings, has sued Amazon over a chair that is “strikingly similar” to the company’s West Elm brand, according to a report by Bloomberg. Amazon’s version of the chair , which can no longer be found on the site, is an orb chair that is round with a hole in the back.

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QuickBooks Taps Amex For AP Financing

PYMNTS

Amex will provide short-term financing for small businesses to pay suppliers and manage cash flow, the companies said. “We’ve heard time and again from small business customers that cash flow is a key area of concern when it comes to managing day-to-day business expenses,” said American Express Global Commercial Payments Executive Vice President of Global Product Management E-Bai Koo in a statement.

Finance 62
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How Data Guides A New Era For The ERP

PYMNTS

As a result, new technologies are needed to unlock data silos and support the ERP’s newfound role as a collaborative portal for corporates, said Wes Gillette, vice president of Product Management at insightsoftware.