PYMNTS

DECEMBER 11, 2020

It was a busy week for B2B venture capitalists who spread their wealth amongst a wide range of B2B FinTechs, with investments totaling more than $164 million. The company supports the full purchasing cycle with invoice integration and compliance auditing capabilities.

B2B 77

B2B Healthcare Enterprise Spend Management Technology 77

PYMNTS

JANUARY 20, 2021

Manual invoicing is your worst enemy,” said Ramachandran, highlighting its risks and challenges related to fraud, errors and inefficient auditing. Among the largest is the ongoing use of paper and manual workflows like invoice processing.

B2B 125

B2B accounting and finance accounts payable Finance 125

PYMNTS

DECEMBER 21, 2020

While the B2B payments category was not the subject of its initial announcement, partner Lance Fenton told PYMNTS that he sees tremendous opportunity in the sector. One of the best things about B2B payments is it can work across verticals. Fenton said Serent has an advantage in understanding the healthcare vertical. “In

B2B 79

B2B Healthcare Technology Hospitality 79

PYMNTS

NOVEMBER 8, 2016

In a move that helps cement B2B payments within the realm of secure transactions, PayStand, a B2B payment and billing company, has given firms the ability to notarize and also certify payments across the supply chain. Blockchain. It’s not just for banks anymore.

B2B 72

B2B auditor audit Finance 72

PYMNTS

OCTOBER 19, 2020

So said that in a traditional screening process, SMEs “would send PDFs of bank statements or PDFs or their audited or unaudited financials, and banks [would] take weeks to underwrite. And the cost of underwriting a large borrower vs. a small SME was virtually the same.”.

B2B 120

B2B Real Estate Hospitality Manufacturing 120

PYMNTS

NOVEMBER 15, 2018

As the peaks and valleys of blockchain hype continue to rise and fall, more doubt has surfaced over the future of distributed ledger technology, particularly in the area of B2B payments. Analysts point to the challenges associated with adoption and implementation of blockchain-powered B2B payment solutions as a key hurdle for the technology.

B2B 74

B2B accounting and finance Finance auditor 74

Withum

JUNE 20, 2024

Times B2B Publishing has named Kevin D. Kevin D Holmes, a partner in Withum’s Los Angeles office, specializes in audit, business advisory and internal controls consulting. Times B2B Publishing honored Business of Entertainment Visionaries in its June 18, 2024 edition. Withum is proud to share that the L.A. The post Kevin D.

Entertainment 98

Entertainment B2B audit accountant 98

PYMNTS

AUGUST 7, 2020

And, payments made through PayCargo will now be able to be viewed on the AWB Changes feature in Unisys Diagnostics, the company’s solution for auditing and payment tracking. The platform lets clients have their cargo released the same day.

B2B 102

B2B audit accountant accounted 102

PYMNTS

NOVEMBER 12, 2020

Today In B2B payments, NeweggBusiness integrates business financing and payment terms via Behalf, while Deutsche Bank expands its cash management offering into Australia. Plus, GE shutters its staff audit program, and Park Place Payments partners up for small business B2B payments. GE To End Rotational Staff Audit Program.

B2B 67

B2B accounting and finance audit Finance 67

CPA Practice

OCTOBER 19, 2023

AuditBoard , a provider of cloud-based platform transforming audit, risk, compliance, and ESG management has added new capabilities purpose-built to enable teams to automate critical workflows, surface key strategic insights, and stay on top of proliferating risks.

audit 103

audit Technology B2B California 103

PYMNTS

JANUARY 26, 2018

The solution can also safeguard information linked to compliance, auditing and regulatory review, the company noted. While Ripple and other decentralized technologies are addressing payments, the transfer of funds is only a small part of a B2B transaction.

B2B 62

B2B audit Technology Finance 62

PYMNTS

OCTOBER 9, 2020

Venture capital funding landed at supplier payment and compliance automation firms this week, among other B2B innovators that raised money. The big B2B investment of the week was Tipalti , which landed $150 million in new funding on a $2 billion valuation. PYMNTS rounds up the latest funding rounds below.

Technology 107

Technology B2B accounts payable audit 107

PYMNTS

JANUARY 26, 2021

Usually, the auditing workflow involves looking at expense reports filed by employees, with a focus on identifying potentially erroneous or even fraudulent transactions. Digitizing and centralizing spend across various departments and workflows is the first step to enhancing the auditing process, said McCrossan.

audit 75

audit Technology Spend Management accounts payable 75

CPA Practice

OCTOBER 30, 2023

AuditBoard , a provider of cloud-based platform transforming audit, risk, compliance, and ESG management has added new capabilities purpose-built to enable teams to automate critical workflows, surface key strategic insights, and stay on top of proliferating risks.

audit 98

audit Technology B2B California 98

PYMNTS

OCTOBER 28, 2020

Today in B2B payments, accounts payable automation firm CPS finds a buyer. Plus, a new FinTech, OpenEnvoy, launches to combat B2B payments fraud, while PCMI collaborates on B2B payments automation, and OpenPayd launches an FX-as-a-Service solution. REPAY Inks Deal For B2B AP Automation Firm CPS. 27) announcement.

B2B 56

B2B Accounts Payable Automation AP Automation accounts payable 56

PYMNTS

SEPTEMBER 14, 2017

One exception may be in the T&E space, in which FinTechs are introducing ways for employees to make B2B payments and integrate transaction data into expense management systems, a reflection of the mobile nature of the traveling employee. The enterprise has been a bit skeptical about mobile payments.

B2B 55

B2B Expense Management Maine Legal 55

PYMNTS

JULY 6, 2020

The Big Four accounting firms will have to put their United Kingdom auditing and consulting practices in separate business units by 2024, but may keep them within the same parent companies, under regulations announced today by the Financial Reporting Council. The measures by the U.K.’s

audit 66

audit cma auditor accounting firms 66

CPA Practice

MAY 18, 2023

CTCs enhance compliance, reduce fraud, and stream tax collection for business-to-government (B2G) and business-to-business (B2B) transactions. In 2024, France is introducing mandatory e-invoicing for B2B transactions. Several countries across Europe are making e-invoicing a requirement.

Technology 126

Technology Tax B2C B2B 126

PYMNTS

SEPTEMBER 14, 2020

Deloitte will be the first of the “Big Four” auditors to break up its business after selecting a new auditing board to undertake the task, according to a report from The Telegraph. 11), Deloitte revealed it had set up an audit governance board to help to eventually separate the audit division from the rest of the company.

auditor 145

auditor audit Government accounted 145

PYMNTS

SEPTEMBER 24, 2020

The September CFO Guide To Digitizing B2B Payments explores how corporate buyers are streamlining their B2B transactions with digital payments and supplier onboarding tools. Around The B2B Payments World. This month’s Deep Dive examines buyers’ data collection needs and how supplier onboarding portals can ease this work.

Construction 107

Construction B2B accounts payable Pharmaceutical 107

Going Concern

JUNE 16, 2022

EY announced today it is making a $1 billion investment in audit technology just weeks after WSJ reported that the firm is in the process of splitting its audit and consulting arms. billion of EY’s $40 billion global revenue last year came from audit. The four-year investment is enabled by a wider US$2.5b

audit 59

audit Technology cpas accounting and finance 59

Acterys

JANUARY 24, 2023

Acterys’s commitment to security has led to the successful completion of SOC 2 compliance audit. Perform self-audit SOC 2 compliance is certified by external auditors. For this reason, we are delighted to announce the successful completion of our SOC 2 audit ! Simply put, the process has the following four steps: 1.

auditor 26

auditor audit Technology B2B 26

PYMNTS

MARCH 7, 2018

B2B FinTechs are playing an especially prominent role in this trend, analysts noted. We saw more and more B2B FinTech models proving out at the banks, coupled with larger and later-stage investments as the FinTech world scales up,” explained Julian Skan, Accenture practice senior managing director, in a statement. “We

B2B 52

B2B B2C Non-Profits Finance 52

CPA Practice

MARCH 14, 2024

AuditBoard , a loud-based platform transforming audit, risk, compliance, and ESG management, has partnered with KPMG LLP, the audit, tax, and advisory firm. Service Network Leader, Internal Audit and Enterprise Risk, KPMG US. “By com, streaks that have reached 17 and 16 quarters, respectively.

audit 81

audit Technology B2B Tax 81

PYMNTS

NOVEMBER 4, 2020

Even with the digitization of the invoice, fraud remains a rampant problem, and it's not only the buy-side of the B2B equation faced with the consequences. I'd be willing to be that any controller or CFO that doesn't have an automated auditing process is worried about it.". A Straightforward Challenge.

Technology 90

Technology B2B audit accounts payable 90

PYMNTS

JUNE 23, 2017

We break down all the B2B FinTech funding rounds below. Hubdoc provides an application that uses machine learning and cloud computing to analyze financial documents for reporting, auditing and reconciliation purposes. though, is a particularly bright star this week, as more than 60 percent of that funding went to London startups.

B2B 68

B2B Spend Management Tools Spend Management corporate accounting 68

PYMNTS

JANUARY 10, 2020

B2B technology startups continue to gain valuable attention among venture capitalists. In a recent report , seed investors explored why their focus has turned to enterprise startups as opposed to consumer-facing technology firms after the publication’s analysis revealed that today’s seed investments favor B2B startups over B2C.

B2B 52

B2B B2C small business accounting Management Consulting 52

PYMNTS

AUGUST 19, 2019

Firms auditing expenses through manual processes and outdated technologies risk missing the chance to flag erroneous or fraudulent submissions from vendors and employees. Deploying technology — especially artificial intelligence (AI) — can streamline the auditing process and boost cost savings significantly.

audit 56

audit accounts payable Technology Healthcare 56

CPA Practice

AUGUST 28, 2024

Fieldguide Insights Fieldguide, the AI platform for audit and advisory firms, recently launched Fielguide Insights, the first end-to-end analytics solution for CPA and consulting firm leaders. 2024 Award Finalists AuditFile Advanced AI The company that was first to bring audits into the cloud continues innovating by bringing AI into audits.

Technology 124

Technology accounting firms accountant accounted 124

PYMNTS

SEPTEMBER 20, 2019

This week, the largest funding round went to a B2B startup developing autonomous trucking technology to boost fleet efficiency, with other rounds landing at small business bookkeeping, workforce communications, and IBAN fraud mitigation startups for a combined $236 million-plus landing at B2B startups.

B2B 49

B2B bookkeeping Technology accounting and finance 49

PYMNTS

DECEMBER 7, 2020

Today in B2B payments, Revolut launches a new solution for its business customers, and MonetaGo collaborates to combat trade finance fraud. Through 100 percent invoice integration, the service boasts improvements to savings, and offers a compliance audit feature that can help vendors cut spending.

B2B 63

B2B Finance Technology accounting and finance 63

Going Concern

DECEMBER 1, 2023

The measure targets the non-audit departments of each city branch in China, including consulting, financial advisory, risk advisory and assurance. How Deloitte gave AR postcards the personal touch [ The Drum ] Deloitte has won the Print category at The Drum Awards for B2B. Employees who do not follow will be counseled out.

cpas 111

cpas audit auditor CPA 111

PYMNTS

OCTOBER 9, 2019

B2B payments friction isn’t only experienced on the payer side. These hurdles can also stifle electronic payments adoption in the B2B arena. That friction is all about data, and the freight bill audit pay process that involves analyzing a carrier’s invoice to assess its accuracy. Failure to Act.

B2B 46

B2B Technology audit accounting and finance 46

PYMNTS

APRIL 26, 2020

Accounts receivable (AR) platform SurePayd is responding to the coronavirus pandemic by reducing the costs for its remote migration audit services for the next two months for companies that need to go on the cloud during the crisis, according to a press release.

audit 56

audit Technology accountant accounted 56

PYMNTS

DECEMBER 26, 2018

Blockchain seemed to be stuck in pilot phase in 2017, but in 2018, the financial services industry finally saw a stronger flow of real-world, working blockchain applications — many of which targeted pain points in B2B payments, including the time and lack of transparency in cross-border transactions.

Technology 80

Technology B2B Approval Workflows audit 80

PYMNTS

JULY 2, 2020

The former chair of the London Stock Exchange is calling for a thorough overhaul of audit standards in the wake of the $2.1 Auditors should be required “to find fraud rather than stumble over it,” Donald Brydon , appointed last year to overhaul audit standards in the United Kingdom, told the Financial Times.

audit 56

audit auditor accountant Account 56

PYMNTS

JULY 11, 2019

s so-called Big Four accountancy firms — KPMG, PwC, EY and Deloitte — have reportedly failed to reach audit quality standards set by the Financial Reporting Council , Reuters reported this week. Only 75 percent of the audits of the U.K.’s It will review a larger number of the firm’s audits in the coming year. All of the U.K.’s

audit 49

audit accountant accounted auditor 49