PYMNTS

JUNE 4, 2020

The International Accounting Standards Board introduced a significant overhaul to lease accounting standards , and while the changes went into effect at the start of 2019, corporates continue to face challenges to adhere to the standards and remain compliant. In the U.S.,

Real Estate 52

Real Estate Account accountant accounted 52

PYMNTS

AUGUST 17, 2018

Bots are marching steadily into the corporate accounting department as professionals feel more comfortable handing tasks to a machine. The more bots make their way into the accounting department, the more concerns arise about jobs, compliance, trust and other industry-unknowns. “This is such new territory for everyone.”

Account 44

Account accountant accounted Technology 44

PYMNTS

JANUARY 30, 2019

However, when it comes to corporate accounting departments, automation is still the exception. Moreover, among all the ways businesses’ can improve their B2B payments, accounts payable (AP) automation stands out as one of the most promising and popular innovations on the market. It is not from lack of interest.

AP Automation 62

AP Automation Technology Accounts Payable Automation accounts payable 62

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. And operations still using manual accounts payable (AP) methods are really rethinking things. “A And it won’t.

AP Automation 61

AP Automation Technology AP Processes accounts payable 61

PYMNTS

JULY 28, 2016

Corporate bill pay solution Bill.com announced new integrations into corporate accounting platforms on Wednesday (July 27), while it also rolled out support for automated and mobile features. These integrations also expand to expense reporting software Tallie, the firm said.

accounting apps 40

accounting apps Account accountant accounted 40

PYMNTS

APRIL 10, 2020

More sophisticated tools can empower teams to more accurately predict cash flows and guide their organizations’ growth strategies, with opportunities to collaborate across procurement, accounts payable, accounts receivable, treasury and beyond.

Technology 87

Technology accounting and finance Finance accounts payable 87

PYMNTS

DECEMBER 10, 2020

Corporate budgets are getting smaller, consumers are limiting their spending and offices are more digital than ever. This is highlighting companies’ needs to reduce accounts payable (AP) and accounts receivable (AR) processes’ costs as well as to support daily expenditures for remote workforces.

B2B 77

B2B accounts payable Technology corporate accounting 77

PYMNTS

JANUARY 27, 2020

The fact that federal agencies – namely the Bureau of Labor Statistics (BLS) – still refer to gig workers as “contingent workers” involved in “non-primary work” underscores how far behind this megatrend government accounting has fallen. It’s anybody’s guess how gig economy market dynamics will shake out at this point.

AP Automation 88

AP Automation accounts payable New York accounting software 88

PYMNTS

JUNE 25, 2018

Reactive instead of proactive planning, late payments, a lack of visibility: Accounts payable professionals in the U.K. Accounts payable automation firm Invu released its latest survey, “ Changing trends in the purchasing processes of U.K.

accounts payable 40

accounts payable Accounts Payable Automation AP Automation accounting and finance 40

PYMNTS

OCTOBER 28, 2016

Corcentric announced a new acquisition to help the company expand its reach into the corporate accounts payable space. 27) that it reached a deal to acquire eInvoicing provider InfoAccess.net, a move that pulls InfoAccess.net’s list of corporate clients under the Corcentric umbrella. The firm said Thursday (Oct.

accounts payable 51

accounts payable Technology corporate accounting Account 51

PYMNTS

SEPTEMBER 17, 2019

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). These delays can result in late fees or fines, delayed delivery of supplies and can even interrupt firms’ expansion goals. Deep Dive: Tapping AI To Tackle A $4.2T

Construction 52

Construction B2B accounts payable Technology 52

PYMNTS

FEBRUARY 13, 2019

In the accounting space, that means integrations with enterprise resource planning (ERP), accounts receivable, accounts payable, procurement, banking and other portals. This is one reason why companies may choose to work with a firm like Codence to custom build accounting software into their firms.

Finance 75

Finance general ledger accounting and finance accounts payable 75

PYMNTS

SEPTEMBER 12, 2016

In an interview with PYMNTS earlier this year, Coupa VP of Strategy and Product Marketing Donna Wilczek elaborated on the path that corporate accounting technology has taken. “At no time in history has disruption been so prevalent,” the executive stated. ” . ”

accounts payable 51

accounts payable Spend Management Software Spend Management Spend Management Solutions 51

PYMNTS

JUNE 22, 2020

Though there is no evidence of any accounting fraud, the company warned late last week that it is possible the firm may have become the victim of “fraud of considerable proportions,” adding that there is indeed evidence of “spurious balance confirmations,” according to Reuters. ” $1.4

Gambling 79

Gambling accounts payable accounting and finance B2B 79

PYMNTS

DECEMBER 17, 2018

New analysis from corporate payments firm Bill.com suggests ACH payments are dominating the accounts payable department. Only 6 percent of respondents said they aren’t using digital payments to pay their corporate clients’ bills. In an announcement on Thursday (Dec. In an announcement on Thursday (Dec.

B2B 63

B2B accounts payable accounting firms Account 63

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

JUNE 13, 2019

When asked why B2B has lagged so much in moving away from checks, and toward more streamlined ways of paying suppliers and vendors, Diegelman said corporate accounts payable and receivable systems “work pretty well in a paper-check and paper-remittance model.” Why B2B Lags.

B2C 66

B2C B2B Real Estate accounts payable 66

PYMNTS

FEBRUARY 7, 2018

Artificial intelligence (AI) is finding success in the back office, and that includes in financial systems and accounting departments. payment service provider with a strong presence in the public sector, recently announced a partnership with collectAI to deploy artificial intelligence in corporates’ AR departments. Pay360 , a U.K.

accounting and finance 43

accounting and finance Legal accounts payable Technology 43

PYMNTS

AUGUST 24, 2018

Investors also took a liking to accounting technology, alternative small business finance and eProcurement, with B2B FinTech startups raising more than $107 million in all. million to the company that deploys machine learning to accelerate supplier payments in the accounts payable department. In all, Previse raised $6.8

B2B 40

B2B Finance bookkeeping B2C 40

PYMNTS

JUNE 9, 2017

That’s especially true in corporate accounting, says Beanworks CEO Catherine Dahl. It’s an interesting time in accounting, and there’s a huge change coming,” she recently told PYMNTS, adding that digitization will become the norm, empowering humans to take on more strategic tasks while technology handles the repetitive stuff.

Technology 43

Technology Account accountant accounted 43

inDinero Accounting

JUNE 24, 2021

At inDinero, we believe accounting supports business. If a business owner doesn’t understand an accounting term , we don’t use another accounting term to explain it. We specialize in accountants who speak business to business owners and CEOs. Sometimes there’s just no avoiding accounting speak.

Non-Profits 75

Non-Profits financial statements accounts payable accounting and finance 75

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

JULY 17, 2019

The Forum plans to introduce similar guidance papers on accounts payables financing, forfaiting and other processes within supply chain finance moving forward. Fitch Ratings recently reignited that debate when it issued a warning about a corporate accounting loophole in the U.S.

Finance 46

Finance accounting and finance accounts payable Construction 46