Remove accounted Remove B2B Remove cost accounting
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BBVA Eyes B2B With First Real-Time Blockchain Payments

PYMNTS

The information captured alongside a transaction can be critical in B2B payments, especially for companies that need to reconcile payments made on outstanding invoices, for instance. This dearth of data has forced companies to maintain costly accounting operations to reconcile their overseas transactions.”.

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From Execution to Insight: How Fintech is Shaping the Future of Accounts Payable

CPA Practice

There are also mindshare costs. Accounts payable (AP) teams are stuck on a hamster wheel, always having to scramble to get payments out the door and then reconciling them on the back end. But there’s one big piece of B2B payment infrastructure that they don’t have: vendor networks. That’s holding companies back.

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Memo Bank Launches Interest-Bearing Account For Businesses

PYMNTS

The bank is touting its new interest-bearing account as "an innovative current account with no volume fees that starts accruing interest from the very first euro,” which it describes as "a perk unlike anything other business banks are offering.". "The

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Clarification on the manner of dealing with differences in ITC availed FORM GSTR-3B Vs ITC reflecting in GSTR-2A for FY 2017-18 and 2018-19

VJM Global

Such certificate shall be issued by Chartered Accountant (CA) or the Cost Accountant (CMA) certifying that supplies in respect of the invoices not appearing in GSTR-2A of the recipient have actually been made by the supplier to the said registered person.

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Here’s What’s Driving The Procure-To-Pay Industry’s Growth

PYMNTS

“Indirect procurement costs account for 35–55 percent of the total spend of organizations in their business life cycle,” Technavio stated in its announcement. “Outsourcing of indirect procurement functions can save significant amounts of money, as well as increase the bottom line.

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Court Ruling Reveals Complexities Of SMB Government Contracts

PYMNTS

According to reports, Citizant’s contract protest argued that a GSA contracting officer was incorrect in their low score of Citizant’s bid, despite some awardees failing to provide adequate pricing information or to substantiate the scores of their cost accounting systems, both of which are necessary in the bidding process.