PYMNTS

NOVEMBER 6, 2018

American Express has struck a new partnership in its latest B2B payments push, announcing a collaboration with commercial payments firm WEX to support corporate use of virtual cards in accounts payable. The Synaptic solution enables companies to send payment instructions from their accounting systems to the AP platform.

accounts payable 71

accounts payable B2B accounting and finance accounting system 71

PYMNTS

MARCH 22, 2019

One way to secure funding is to use invoice financing. In an interview with PYMNTS, CEO Johannes Brouwer said that for smaller firms seeking access to financing as they look to grow operations, the process has typically been time-consuming and expensive. Many companies, he told PYMNTS, rely on private lending.

Finance 65

Finance accounting and finance Technology Manufacturing 65

PYMNTS

DECEMBER 20, 2016

fintech company MB Transfers, which enables cross-border B2B payments, is going by a new name: ArcaPay. But there are other regulations and economic policies that can give small businesses a leg up on managing payments and finances. The company uses the interbanking system to facilitate cross-border B2B payments for its clients.

B2B 51

B2B Technology accounting and finance accounting system 51

PYMNTS

JULY 22, 2020

Recent events have irrevocably changed the way finance departments operate, bringing to light glaring issues with the current processes. For years, there has been a quiet shift in the B2B payments space. Paper invoices, on the other hand, still dominate finance departments today.

Accounts Payable Automation 60

Accounts Payable Automation accounts payable Technology AP Automation 60

PYMNTS

NOVEMBER 3, 2016

With data analytics now a paramount process of cash flow management, developers are tasked with making their most innovative B2B payments and finance technologies seamlessly integrate with ERP and accounting platforms. The issue, said U.S.

accounts payable 73

accounts payable B2B accounting and finance accounting system 73

PYMNTS

NOVEMBER 27, 2020

Perhaps the biggest challenge for eCommerce businesses is simply getting an adequate grasp on finances altogether. Sometimes, you can't even start thinking about finances, KPIs or business intelligence. The first is cash management and obtaining a holistic view of finances. It's very hard to get your head above water.".

accounting and finance 118

accounting and finance Technology Finance Start-ups 118

PYMNTS

JULY 31, 2019

The acquisition of acompay represents an important milestone in our strategy to become essential to how our customers pay for and finance what they need to grow their businesses.”. ACOM Solutions is proud of the innovative AP automation platform we’ve built with acompay,” said Patrick McMahon, CEO & President of ACOM Solutions, Inc.

Accounts Payable Automation 76

Accounts Payable Automation AP Automation accounts payable accounting and finance 76

PYMNTS

APRIL 23, 2020

As one-person operations, they often lack the resources and know-how to manage professional finances in a compliant and efficient way, yet they have more complex tax, payments and cash flow management needs than the average individual. Accounts payable is the money you owe your suppliers. Easing The User Experience.

accounts payable 56

accounts payable accountant Account accounted 56

PYMNTS

JULY 29, 2019

The complexities of business transactions not only mean various financial functions, from accounts payable to payroll, are stuck in their own silos — it can often mean more silos within those disparate systems. Most enterprises … have many disparate systems, ranging from accounting to payroll to banking to taxes, etc.,”

accounts payable 73

accounts payable B2B payroll accounting and finance 73

PYMNTS

JANUARY 12, 2017

That is, professional sports organizations can act as corporate role models to other organizations, at least when it comes to their B2B payments practices, said Max Eliscu, CEO of B2B payments and invoicing firm Viewpost. But professional sports organizations can act similarly. Every business has those issues.

Sports 44

Sports B2B Entertainment accounting and finance 44

PYMNTS

JANUARY 22, 2019

Accounting, consultancy and technology firm Crowe is rolling out a new solution designed for hospitals to automate daily bank reconciliation processes and manage cash flow, the company said in a recent announcement. Hospitals can often struggle to manually reconcile cash flow coming from multiple sources.

Hospitality 73

Hospitality general ledger Healthcare Technology 73

PYMNTS

APRIL 1, 2016

Corporations have been chastised in recent years as floods of new data reveal the ongoing prevalence of paper checks in B2B payments. The B2B payments space, on the other hand, not so much. The B2B space has, historically, had challenges.”. “And, B2C To B2B. Bank’s head of receivables solutions for treasury management.

B2B 41

B2B B2C accounts payable Education 41

Acterys

OCTOBER 24, 2023

While Power Apps doesn’t support guest users outside your domain, you can add any user in Acterys with their email address or Microsoft Account. Users can automatically create optimal data warehouse structures, leveraging connectors to familiar cloud-based accounting systems like Xero, QuickBooks, HubSpot and Salesforce.

audit 130

audit accounting and finance accounting system quickbooks 130

PYMNTS

OCTOBER 19, 2016

He told PYMNTS how forecasting technology is evolving into an incorporated part of the B2B payments process and why that’s a capability SMEs might want to keep an eye on. But cash forecasting is democratizing to smaller companies thanks to incoming technology, said TreasuryXpress CEO Anis Rahal.

Technology 77

Technology Legal quickbooks accounting and finance 77

PYMNTS

APRIL 2, 2020

In the B2B world, however, small businesses offering payment choice is less about a positive customer experience and more the result of how a customer demands a certain payment experience. It’s what they’ve always done, and it works with their accounting system.”. Time is of the essence for B2B small businesses,” said Gray. “To

B2B 64

B2B B2C Education accounting and finance 64

MineralTree

DECEMBER 7, 2023

For accounts payable (AP) teams, vendor payments are the cornerstone of business relationships. In addition to meeting supplier expectations, choosing the right payment method can significantly improve the finance department’s efficiency and productivity. Moreover, certain payment methods offer greater security than others.

AP Automation 79

AP Automation accounts payable AP Processes accounting and finance 79

PYMNTS

MAY 27, 2016

Like an aftereffect of a sci-fi film, the rise in automation within corporate financial teams has led to fears and anxiety: Will humans no longer be needed in the accounting department? Automation and accounting software may be to blame, the publication said. That’s what accounting, consulting and advisory firm BDO is doing.

accountant 41

accountant Account accounted Technology 41

PYMNTS

MARCH 13, 2019

But mobile devices are an increasingly important part of a small business’ financial management strategy, adding another channel on which banks and FinTechs must innovate to disrupt and improve SMB finances. But outside of basic accounting, manual processes and paper still rule. ”

accounting and finance 67

accounting and finance small business accounting software Technology basic accounting 67

PYMNTS

NOVEMBER 30, 2020

The report says businessONLINE will work to "provide an all encompassing set of trade finance, cash and liquidity management solutions.". Powered by SAP, the program comes with "an armory" of services for things including sales, accounting, purchasing, inventory and CRM, all going toward the omnichannel functionality.

accounting and finance 86

accounting and finance accounting system Finance Technology 86

PYMNTS

JULY 11, 2017

The International Chamber of Commerce Banking Commission recently released a report that found an imbalance between supply and demand of trade finance services. Indeed, banks must tread carefully in the world of trade finance, and with such little room for error and financial losses, risk management is critical.

Finance 43

Finance accounting and finance Non-Profits quickbooks 43

PYMNTS

JULY 18, 2018

Finlyte Partners has launched a new central office services platform that will provide Finance-as-a-Service (FaaS), consulting and capital for small to medium-sized businesses (SMBs). The companies Finlyte serves quickly outgrow entry-level accounting systems, manual processes and spreadsheets.

NetSuite 40

NetSuite Finance Technology accounting and finance 40

Lockstep

OCTOBER 21, 2022

At Lockstep, we have scaled multiple SaaS products that serve thousands of B2B customers across dozens of industries and countries and powered by our experienced engineers, collaborating across several teams and departments. An even more ambitious customer will want a multi-stage approval system for all the orders and invoices. .

accrual accounting 88

accrual accounting accounting and finance Start-ups Manufacturing 88

PYMNTS

APRIL 9, 2020

To help additional middle-market companies automate their accounts payable (AP) processes, MineralTree announced that it has grown its integration abilities, according to a press release. They also let finance departments work from any place where an internet connection is available. “By

AP Automation 76

AP Automation AP Processes Technology accounts payable 76

PYMNTS

JANUARY 26, 2017

Cross-border payments, trade finance, smart contracts — blockchain has the potential to disrupt B2B processes, but FinTech players are only beginning to take these concepts onto a real-world stage. Finlync told PYMNTS that, in B2B payments especially, fraud is on the rise. “We

B2B 57

B2B accounting and finance Technology accounting system 57

PYMNTS

JANUARY 19, 2021

The combination will offer a “seamless, automated way to reconcile payments, bills and invoices” with a company’s accounting system, the release stated. The new technology is intended to be an improvement over the old ways in which businesses would have to manually input data to QuickBooks weekly in order to keep finances updated.

quickbooks 74

quickbooks Technology accounting and finance accounting system 74

PYMNTS

FEBRUARY 13, 2018

Corporate FinTech Zoho , which provides software for business processes like accounting, said it has taken a step it considers an industry-first by partnering with India’s ICICI Bank. The CEO continued, “This partnership allows businesses to execute bank transactions right where the context is fully present — your accounting system.

B2B 40

B2B accounts payable Technology accounting and finance 40

CPA Practice

JUNE 7, 2023

ForwardAI , a fintech providing aggregated direct data access to accounting and ERP platforms, has launched Forwardly , the first of its kind real-time payment (RTP) enabled cash flow management tool for small and medium sized businesses in North America. Save Money – Save 60-80% compared to credit card processing fees.

accounting and finance 52

accounting and finance accounting system quickbooks B2B 52

PYMNTS

JULY 13, 2020

From telehealth to new financing options for patient treatments to big retailers like Walmart , Walgreens and CVS mashing up retail with healthcare, everyone from startups to incumbents are using the pandemic as an opportunity to disrupt — and reinvent — healthcare.

Healthcare 87

Healthcare Retail Technology Start-ups 87

PYMNTS

DECEMBER 12, 2019

Brex deals in business-to-business (B2B) payments with corporate cards tailored to specific industries. This new financing will help Brex grow its eCommerce business, which launched in February. The product automates expense management and integrates with accounting systems. This is Brex’s second warehouse line of credit.

Expense Management 52

Expense Management accounting and finance B2B Finance 52

PYMNTS

DECEMBER 18, 2018

17), Paychex said its General Ledger Service (GLS) now integrates into QuickBooks Online for faster access to key data for both small businesses and their accountants. Last month, payroll firm ADP enhanced its Accountant Connect functionality to strengthen its existing integration with QuickBooks. In a press release issued Monday (Dec.

quickbooks 62

quickbooks general ledger payroll accounting and finance 62

PYMNTS

AUGUST 19, 2019

“They are getting into an administration system, finding lists of client credentials and then installing [Sodinokibi] on all the clients’ systems.”.

Delaware 72

Delaware Maryland accounting and finance accounting system 72

PYMNTS

FEBRUARY 12, 2018

New research from the Association for Supply Chain Management (APICS) and the Institute of Management Accountants (IMA) finds these professionals are struggling to grasp the insight they need into how much their companies spend on goods and services. Supporting that initiative, the report also suggests enhancements to IT infrastructure.

accounting and finance 48

accounting and finance Finance CPA accounting system 48

PYMNTS

APRIL 3, 2018

We can view debits, credits and import those entries into our accounting system to reconcile with our own books. APIs are available for business systems to integrate with the bank system.”. That means risks for innovators (and banks) — but a massive opportunity too. But often, that’s where the breadth of services ends.

B2B 70

B2B Expense Management Maine Technology 70

PYMNTS

JANUARY 30, 2020

But there are other types of unwanted friction in finance. Big corporations and small to medium-sized businesses (SMBs) all struggle with expenses, and must address leaks and mishaps before they become accounting nightmares. PYMNTS research found that 42 percent of B2B payments were made via paper check in 2019, for example.

Spend Management Solutions 52

Spend Management Solutions Spend Management Spend Management System accounting and finance 52

PYMNTS

MARCH 16, 2018

Frequently, there are intermediaries involved with financing. To that end, bBiller seeks to take out the “middlemen” of supply chain activity tied to finance and accounting. The problem in traditional accounting systems and document management is one “in how the data is distributed,” he said.

accounting and finance 49

accounting and finance Technology Manufacturing accounting system 49

PYMNTS

FEBRUARY 6, 2020

Mortgage lender Molo, freelance career management portal UnderPinned and accounting system PayStream are all now within the Marketplace, and able to integrate with Starling Bank account data via API. ” Simply Wields Open Banking For Asset Finance. ” Payrailz Targets Credit Union Banking-as-a-Service. .

accounting and finance 73

accounting and finance Technology Finance accounting system 73

PYMNTS

APRIL 18, 2019

The financing reportedly closed at the end of last November but was not revealed until this week, when Airbase officially announced its product launch. In an interview with the publication, Founder and CEO Thejo Kote described the firm as “the first all-in-one spend management system.”

Spend Management 51

Spend Management Expense Management Spend Management System accounting and finance 51