PYMNTS

SEPTEMBER 24, 2018

A research firm has discovered that the number of material accounting mistakes made by U.S. public companies has gone up this year. Massachusetts-based Audit Analytics looked at disclosures from more than 9,000 U.S.-listed listed companies since 2005, finding firms that had to reissue their financials due to errors.

corporate accounting 68

corporate accounting Account accounted forensic accounting 68

PYMNTS

AUGUST 8, 2019

Keeping Checks In B2B Payments. RTP aims to encourage businesses away from checks by offering them an electronic payment services that not only accelerates transactions but provides additional transactional data that is key to reconciliation and analysis for corporate accountants and financial professionals.

B2B 66

B2B Kansas corporate accounting accounted 66

PYMNTS

SEPTEMBER 21, 2017

The solution is integrated into Gappify’s cloud accounting software and can complete various tasks related to accounts payable, accounts receivable, payroll and other cash management functions, the company said. Gappify isn’t the only company to design a bot for corporate accounting purposes.

corporate accounting 45

corporate accounting Technology Account accounted 45

PYMNTS

DECEMBER 17, 2018

In addition, most of the 460 accounting professionals surveyed noted that they no longer use handwritten paper checks to pay bills, with both handwritten and computer-printed checks now topping the list of payment rails that accountants said they are using less frequently this year compared to last.

B2B 63

B2B accounts payable accounting firms accountant 63

PYMNTS

DECEMBER 23, 2016

It’s no surprise that venture capital rounds in B2B FinTech may be dwindling as the holidays ramp up, but that doesn’t mean the space has gone ignored. Europe and Asia provided more than $19 million across treasury management, corporate FinTech and Software-as-a-Service. Investors in the U.S., Software-as-a-Service.

B2B 58

B2B Construction Expense Management New York 58

PYMNTS

OCTOBER 5, 2017

Robotics process automation (RPA) is a recent favorite among some B2B FinTechs. Corporate accounting software company Gappify, for instance, announced only weeks ago that it is rolling out an RPA-fueled bot to automate many accounting processes — that is, to automate processes without requiring human intervention to initiate that automation.

Technology 43

Technology B2B corporate accounting accounting and finance 43

PYMNTS

AUGUST 7, 2020

Legacy payment options like paper are getting nudged out by faster better methods like credit cards, which are more cost-effective for buyers’ accounts payable (AP) teams to send and quicker for suppliers’ accounts receivable (AR) professionals to receive. It’s time for a solid path to AP modernization, and the industry gets it.

AP Automation 72

AP Automation Account accounted accountant 72

PYMNTS

JANUARY 30, 2019

However, when it comes to corporate accounting departments, automation is still the exception. Most companies — especially those prone to payments innovation — believe automating their B2B operations can provide a host of benefits. Will they be able to capitalize on it by investing in accounts payable automation going forward?

AP Automation 62

AP Automation Technology Accounts Payable Automation accounts payable 62

PYMNTS

DECEMBER 7, 2020

This week's B2B Digest looks at how corporate finance scams come in all shapes and sizes, from employee expense fraud to invoice falsification. But the BEC scam is not the only kind of business payments fraud plaguing firms today. PYMNTS breaks down the numbers behind the latest cases below.

Ohio 91

Ohio Indiana accounting and finance Construction 91

PYMNTS

FEBRUARY 9, 2018

Instead, VCs leaned conservatively toward a mix of B2B FinTechs operating in the financial management space for small businesses (SMBs) and in the treasury management market for mid-level and larger enterprises. It seems VC has cooled off a bit in the B2B FinTech front. Corporate Accounting.

B2B 40

B2B accounting and finance Michigan Finance 40

PYMNTS

AUGUST 24, 2018

The big B2B venture capital news of the week was Augmentum Fintech’s trio of investments, signaling the company’s focus on the B2B FinTech market — but it wasn’t the only firm targeting this startup space. Augmentum Fintech announced its investment in Tide at the same time it revealed two other B2B FinTech targets.

B2B 40

B2B Finance bookkeeping B2C 40

PYMNTS

JUNE 13, 2019

As much as 80 percent of firms still rely on paper checks when it comes to making business-to-business (B2B) payments. Why B2B Lags. Beyond that, to digitize a B2B payments model, on the face of it, may not pique much executive interest. How about a bigger number, though equally disquieting? The Larger Picture.

B2C 66

B2C B2B Real Estate accounts payable 66

PYMNTS

NOVEMBER 6, 2018

There is also the chance (please no, not this time) of some hassle with payments, such as the corporate account or card not going through, or maybe, on the travel agency side, a software glitch or another problem that adds friction and frustration to an already long travel day. Innovation Challenges. Large Firm Advantage.

B2B 70

B2B accounting and finance Technology corporate accounting 70

PYMNTS

MAY 13, 2016

In a separate announcement, Coupa revealed the launch of InvoiceSmash , an application to streamline and accelerate invoice processing using technology to digitize invoices received into a format compatible with corporate accounts payable departments.

B2B 42

B2B accounts payable Expense Management Technology 42

PYMNTS

SEPTEMBER 17, 2019

The timeliness of B2B payments raises the stakes for all parties involved, as a missed or delayed payment can ripple across the network. A series of payment innovations are promising to put an end to some common B2B payment frictions, including online portals, same-day ACH and automated accounts receivables (AR).

Construction 52

Construction B2B accounts payable Technology 52

PYMNTS

MAY 20, 2020

To help real estate investors contend with the increasingly complicated accounting and compliance work particular to real estate, Avignon Capital , a European firm, has rolled out a new in-house corporate accounting offering. Comer will spearhead the initiative.

Real Estate 82

Real Estate Account accounted accountant 82

PYMNTS

AUGUST 17, 2020

Accounting departments, for example, suddenly had employees accessing highly sensitive data remotely via home Wi-Fi, without the data security extant in office-based accounting as we’ve long known it. Along with WFH mandates are the layoffs that have thinned out many corporate accounting departments. Doing More With Less.

AP Automation 61

AP Automation Technology AP Processes accounts payable 61

PYMNTS

SEPTEMBER 4, 2018

By stretching across borders, the Jenga offerings allow businesses to accept payments into their corporate accounts. These efforts are centered on “a more robust” payment infrastructure that spans several countries. Africa continues to be an area of focus for revamped payments infrastructure and tech oriented initiatives.

B2B 40

B2B corporate accounting Government Account 40

PYMNTS

SEPTEMBER 26, 2017

But, tools like electronic payments and cloud accounting software are far from the only forces that alter the corporate accounting landscape. According to Jotham Ty, CEO of corporate accounting software firm Gappify , the rise of an array of business models is one of the strongest factors behind the corporate accounting shift.

Technology 40

Technology Account accounted accountant 40

PYMNTS

OCTOBER 21, 2020

With the new funding, Finexio is looking at continuing to streamline and optimize the last mile of the corporate accounts payable process.

accounts payable 95

accounts payable AP Processes Florida Hospitality 95

PYMNTS

FEBRUARY 15, 2019

The largest round of the week went to OakNorth , but other significant investments landed at supply chain management, corporate accounting and small business finance players, totaling more than $821 million in total VC funding. PYMNTS breaks down all the latest B2B funding rounds below. Chainalysis.

Technology 49

Technology accounting and finance B2C B2B 49

PYMNTS

AUGUST 5, 2016

On-the-go payments seem to be climbing the ranks among corporate priorities. New research from Kaspersky Lab and B2B International says corporates are increasingly using mobile devices for accounting and payments. About half of top corporate executives put money into corporate accounts with a mobile device, reports added.

B2B 43

B2B accounting and finance corporate accounting Finance 43

PYMNTS

FEBRUARY 19, 2018

The newest PYMNTS eBook is full of expert insight into the future of B2B payments, from commercial cards to accounts receivable. This week’s B2B Data Digest pulls some of the highlights from that eBook and serves up the numbers behind the forecasts. — $20 trillion: the expected valuation of the B2B payments market.

B2C 40

B2C B2B corporate accounting Start-ups 40

PYMNTS

JULY 31, 2017

Facebook is looking to get more businesses to set up Messenger capabilities so they can work with their own customers, but online messaging and artificial intelligence chatbots are becoming more common in the B2B space as well. Another company, Wyre, deployed chatbot technology this year that can support B2B payments within its platform.

B2B 41

B2B Technology corporate accounting Account 41

PYMNTS

OCTOBER 5, 2017

She cited the recent decision by the European Commission not to force the Royal Bank of Scotland to divest its Williams & Glyn unit, a move Boden said would have boosted competition in the B2B banking space. In an interview with the publication, Anne Boden also offered a few details about what the B2B service will look like. “It

B2B 40

B2B corporate accounting business accounting Technology 40

PYMNTS

JULY 2, 2018

Financial Reporting Council’s Financial Reporting Lab has released a new report on the potential applications of blockchain in the corporate accounting space. But the group also acknowledges that blockchain technology is not yet sufficiently developed to actualize its effect in the corporate finance space.

Technology 40

Technology accounting and finance corporate accounting B2B 40

PYMNTS

FEBRUARY 2, 2018

In addition, B2B venture capital (VC) went to FinTech firms and underbanked consumers and small businesses (SMBs) experienced banking hurdles. million | The amount of B2B VC FinTech funding allotted to corporate accounting, supply chain management and Software-as-a-Service (SaaS) firms according to PYMNTS weekly B2B VC roundup.

B2B 40

B2B accounting and finance corporate accounting Tax 40

PYMNTS

SEPTEMBER 13, 2017

” Aside from tax compliance, Hutcheson also said that overall cash management and corporate accounting for this industry can be a headache. . “You have estimates, bidding [and] change orders that all influence the actual books.”

Construction 51

Construction Account accounted accountant 51

PYMNTS

APRIL 10, 2020

Having integrated with dozens of ERPs, the portal also recently announced connectivity with corporate accounting and finance technology firm Sage to augment its data capture capabilities. But streamlining the financial close process today isn’t only about data integrations with financial platforms, according to Heffernan.

Technology 87

Technology accounting and finance Finance accounts payable 87

PYMNTS

AUGUST 14, 2019

When they use the FASTCARD, travelers will see the transaction data automatically entered into their SAP Concur accounts. For traditional taxi services, the launch of on-demand apps and integration into corporate T&E platforms may help these businesses compete with their tech rivals like Uber. ” In the U.S.

Expense Management 43

Expense Management accounting and finance B2B corporate accounting 43

PYMNTS

JUNE 22, 2020

Corporate fraud continues to plague businesses large and small, and in this week’s B2B fraud tracker, many of the latest cases of nefarious activity within the enterprise can be traced back to the continued use of paper and legacy systems. The biggest story this past week, of course, was the revelation that as much as $2.1

Gambling 79

Gambling accounts payable accounting and finance B2B 79

PYMNTS

JANUARY 18, 2021

Tide provides corporate accounts and adjacent banking offerings. Singh worked for PayU , a payment service company, in the past and has significant experience helping Indian small- to medium-sized businesses (SMBs) for a number of years, the report stated.

corporate accounting 78

corporate accounting Maine Technology accountant 78

PYMNTS

JANUARY 10, 2019

Now, analysts at the International Federation of Accountants (IFAC) are urging ERM to move beyond the c-suite. Professional accountants are well-positioned to better serve the organizations they work for by enabling effective enterprise risk management that identifies both risks and opportunities for the business,” the CEO noted.

Finance 74

Finance auditor accounting and finance corporate accounting 74

PYMNTS

JANUARY 26, 2018

Corporate accounting software is now a continually evolving space, but progress doesn’t occur in a vacuum: External forces and trends, from changing regulations to increased adoption of FinTech by the enterprise, force businesses to adjust how they record and report financial data. Open Banking initiatives in the EU, U.K.,

general ledger 47

general ledger corporate accounting Technology accounting and finance 47

PYMNTS

JANUARY 22, 2019

Instead, the innovation is seen as a tool that can help automate some of the most mundane tasks for financial professionals, leaving experts — including SMB accountants — with more time to focus on value-added operations.

Technology 77

Technology accounting and finance Finance corporate accounting 77

PYMNTS

SEPTEMBER 7, 2017

Cross-border B2B payments company Veem is integrating with cloud accounting platform Xero. 7) that a partnership with Xero means joint corporate users will have access to global payments capabilities, with companies able to sync invoices from Xero into Veem to pay bills. Veem announced Thursday (Sept.

B2B 50

B2B accounted Account accountant 50

PYMNTS

OCTOBER 31, 2019

In the flurry of payments innovation, it can be difficult to remember that legacy tools remain commonplace, especially in corporate payments. It’s a service designed around the ubiquity of the paper check, and with checks still a popular payment tool in B2B transactions, lockbox services remain in high-demand. Modernizing the Lockbox.

B2B 43

B2B accounting and finance corporate accounting Account 43