CPA Practice

DECEMBER 17, 2023

As a result, finance leaders find their departments squarely in the spotlight—keeping a closer eye on their balance sheets, taking fewer risks, and focusing more on efficiency and value over growth. Accounts Payable (AP), in particular, has become ground zero as liquidity and cash flow become even more indispensable.

AP Automation 132

AP Automation Finance AP Processes Approval Workflows 132

PYMNTS

JANUARY 15, 2021

Investors continue to fuel the growth of the B2B technology startup community with another busy week in funding. In total, investors placed nearly $600 million for firms in the B2B payments, T&E, financial management and other B2B spaces. B2B payments FinTech Qolo has announced a $3.8 In total, Qolo has now raised $6.8

B2B 67

B2B Technology Finance Travel Expense Management 67

ThomsonReuters

APRIL 6, 2023

Accounts payable and accounts receivable are opposite but interconnected procedures. When accounts payable and accounts receivable are in balance, a business can plan ahead for growth. For business owners, a working knowledge of both accounts payable and accounts receivable is necessary to sustain business operations.

accounts payable 52

accounts payable Account accountant accounted 52

PYMNTS

NOVEMBER 9, 2020

Today in B2B, Starling Bank seeks new funding as the challenger bank is said to be considering an IPO. Plus, Lloyds Bank partners with a FinTech to streamline supply chain finance, Expensemanager collaborates to automate expense management and Xendoo pairs up on accounts receivable optimization.

Finance 76

Finance B2B Expense Reimbursements Expense Management 76

ThomsonReuters

FEBRUARY 2, 2022

the potential market available to tax and accounting firms is massive. How to market tax and accounting services. People search online for products and services, including accounting services. A better approach is to build a reputation as an accounting expert. With more than 144.3 million individual taxpayers and 31.7

accounting firms 98

accounting firms Account accountant accounted 98

PYMNTS

AUGUST 14, 2020

million in combined funding, B2B FinTechs remain resilient in today’s current market. Investments ranged across geographies and industries, but the biggest highlights landed on trade financing and early wage access innovators, as startups bolster their value by supporting small businesses’ and employees’ financial recovery.

B2B 65

B2B Finance cma Technology 65

Accounting Insight

JANUARY 8, 2024

The rise of invoice fraud will prompt closer collaboration between finance and security teams. To help this collaboration, businesses should take steps such as implementing AI and automation tools to detect any suspicious activities or anomalies within the Accounts Payable (AP) process.

accounts payable 105

accounts payable B2C Technology accounting and finance 105

MineralTree

JANUARY 19, 2023

Inflation and rising interest rates have most firms worried about their cash flow, and thus, finance departments are doing all they can to reduce overhead and organizational inefficiencies in 2023. 6 AP Automation Trends for 2023 Preparing for trends in Accounts Payable (AP) can help teams build resilience and brace for a recession.

Accounts Payable Automation 76

Accounts Payable Automation accounts payable Technology AP Automation 76

PYMNTS

DECEMBER 7, 2020

And the surge in eCommerce isn't isolated to the B2C world, either: as social distancing requirements and shutdowns migrate corporate buyers online, wholesalers, distributors and other B2B vendors are likely to face a similar holiday boon this year to fulfill rising customer demand. Small Business, Big Challenges. Europe, Canada, the U.S.

Finance 142

Finance B2C B2B accounting and finance 142

PYMNTS

SEPTEMBER 29, 2020

Separately, research finds B2B payments as the key driver behind surging instant payments volume in the years ahead. The future of finance is digital,” said Valdis Dombrovskis , the panel’s executive vice president. In addition to the expanded Accelerate program, Mastercard is also embracing blockchain for B2B use cases.

B2B 129

B2B B2C accounts payable accounting and finance 129

PYMNTS

FEBRUARY 2, 2020

Accounting software providers MYOB and Xero are exploring invoice finance solutions while retaliation ensues in the background regarding products that charge fees to small businesses in exchange for faster access to unpaid accounts. The scrutiny led both Rio Tinto and Telstra to drop supply chain finance altogether.

Finance 52

Finance accounting firms Account accountant 52

CPA Practice

DECEMBER 11, 2023

Add in the ongoing war in Ukraine, inflation, and rising interest rates and finance leaders find their departments squarely in the spotlight. In response, finance teams are keeping a close eye on their balance sheets, taking fewer risks, and focusing more on efficiency and value over growth.

Finance 59

Finance AP Processes Technology accounts payable 59

PYMNTS

NOVEMBER 5, 2020

As the B2B commerce landscape innovates, it is continually after that "Amazon-like" experience forged in the consumer commerce world. But for B2B vendors and suppliers, the unique needs of corporate customers cannot be ignored, making a consumer-like buying experience particularly complex. Pricing Complexities.

B2B 143

B2B B2C accounting and finance Sales 143

Accounting Insight

FEBRUARY 27, 2023

If growth is on the agenda for your accounting firm, then marketing is going to help. Before you get started with creating content and posting on social media, you need to work through a few simple planning steps first. Skip this, and you risk your marketing lacking focus and results. SEO People aren’t going to find your website by accident.

accounting firms 64

accounting firms Account accountant accounted 64

Ryan Lazanis

APRIL 20, 2022

Finding the right accounting niches is a tried, tested, and true way to quickly grow your firm. 10 great examples of accounting niches. What is an Accounting Niche? Dentists, SaaS companies, B2B services, eCommerce, and the list goes on. Disadvantages of Accounting Niches. 10 Types of Accounting Niches.

Real Estate 98

Real Estate Account accountant accounted 98

PYMNTS

AUGUST 10, 2020

For small- and medium-sized businesses in B2B industries like construction and manufacturing, the need for alternative funding products like asset-based loans and factoring could see an increase amid supply chain disruptions and B2B payment delays.

B2B 52

B2B Finance accounting and finance Construction 52

PYMNTS

FEBRUARY 6, 2019

This shift has been so acute that small business cloud accounting firm Xero is even petitioning the Oxford English Dictionary to change the definition of “accountant” to one that includes the word “advise.” Changing Demand. That demand for human talent, by the way, hasn’t decreased.

accounting and finance 74

accounting and finance Finance Technology Account 74

PYMNTS

NOVEMBER 25, 2020

In B2B payments, the path to making transactions as seamless and invisible as possible is often about closing the gap that separates buyer and supplier. While a growing population of B2B FinTech solutions has helped to connect B2B buyers and sellers, more platforms can create more friction on either end of the equation.

B2B 116

B2B accounting and finance Technology Maine 116

CPA Practice

MARCH 22, 2023

In its new report, ERP systems and cross-border B2B payments: Expectation vs. reality , Flywire examined how financial professionals are using their ERP systems to process international transactions and improve payment capabilities from international customers. “In

Finance 52

Finance NetSuite accounting and finance B2B 52

PYMNTS

JANUARY 7, 2021

There are a lot of moving parts in B2B payments that are keeping corporate finance executives busy as they work to modernize and optimize their operations. In 2020, many of the biggest pain points in B2B payments were revealed, particularly when transactions move across border. But it's an end-to-end workflow.".

B2B 97

B2B accounting and finance accounts payable Finance 97

PYMNTS

JANUARY 16, 2020

Open banking and its promise of more elasticity in finance is enabled by application program interfaces (APIs) — lines of code that execute everything from simple peer-to-peer (P2P) transfers to industrial-sized B2B real-time payments. As the industry marks two years since open banking’s U.K.

B2B 53

B2B Finance accounting and finance quickbooks 53

PYMNTS

NOVEMBER 18, 2020

New Jersey-based invoice-to-cash platform Billtrust has upgraded the machine learning (ML) capabilities of its business-to-business (B2B) cash application software, the company announced Wednesday (Nov. The goal is to quickly convert payments to cash. After the July ML upgrade, Billtrust said its customers report a 12.4

B2B 102

B2B New Jersey accounts payable accounting and finance 102

CPA Practice

OCTOBER 11, 2023

With increasing corporate belt-tightening, finance leaders are focused on boosting the productivity of lean AP teams and taking measures to cut costs. AP automation is providing critical value and remains a top digitization priority AP automation is allowing finance teams to do more with less.

Finance 59

Finance AP Automation AP Processes Approval Workflows 59

PYMNTS

DECEMBER 29, 2020

The B2B payments landscape has always been evolving, but change in the industry has never been more acute than right now. But the challenge of igniting B2B payments innovation may not be as arduous as many chief financial officers (CFOs) and others believe, said Josh Cyphers , president of Nvoicepay , a FLEETCOR company alongside Comdata.

B2B 82

B2B accounts payable accounting and finance Finance 82

MineralTree

JUNE 1, 2023

Managing accounts payable can be a time-consuming and challenging task, especially for businesses with limited resources. Thankfully, the right accounts payable software can help businesses streamline their payment processes, reduce manual errors, and improve efficiency.

accounts payable 75

accounts payable quickbooks AP Automation AP Processes 75

PYMNTS

MARCH 11, 2020

Accounts receivable (AR) is a function that spreads across multiple tasks of an enterprise, from corporate finance to sales teams and vendor relationship management initiatives. As B2B payments in the U.S. Yet AR has widely been viewed as a friction-filled manual task that doesn’t add value to the organization. Even in the U.S.,

Finance 52

Finance Technology Account accountant 52

PYMNTS

DECEMBER 19, 2019

FinTech and automation technology have cast a shadow of anxiety on the accounting industry in recent years, as certified public accountants (CPAs) began to wonder whether their jobs would be replaced entirely by robots. Because there is a big disconnect between the accounting industry and the small business owner.”

Finance 53

Finance Account accountant accounted 53

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. Plus, Pioneer Bank sues over MyPayrollHR scandal, Procurement Partners secures new funding, and ImagineTime partners on FinTech for accountants.

Finance 63

Finance B2B Technology accounting and finance 63

PYMNTS

DECEMBER 28, 2020

Nacha is issuing a warning to accounts payable professionals with regards to the rising threat of fraud. But accounts payable is far from the only back-office financial workflow at risk of fraud. While current fraud tools are helpful, there is no systemic or automated option for accomplishing this," Nacha warned.

B2B 116

B2B accounts payable AP Processes accounting and finance 116

PYMNTS

NOVEMBER 26, 2019

Accounts payable (AP) automation is beneficial, and even necessary, for many businesses still bogged down by paper. Part of that journey includes a focus on vendors’ accounts receivable (AR) challenges, which is crucial to finding success with newly-implemented AP tools. Billtrust Broadens Business Payments Network.

AP Automation 64

AP Automation Technology accounts payable Account 64

PYMNTS

NOVEMBER 4, 2016

Not every week can be a home run for B2B startups. Software-as-a-Service earned some surprising investor attention, but it was small business financing that earned the biggest round of the week. million will be Tim McCormick, a veteran of the B2B software space and SaaSOptics’s new CEO. SME Finance. Chic Lifestyle.

Finance 74

Finance B2B Technology accounting and finance 74

PYMNTS

FEBRUARY 1, 2021

It’s not that automating invoice generation, banishing checks, automating the cash application process and systematically removing all the manual touches from accounts payable (AP) and accounts receivable (AR) workflows weren’t unknown concepts among chief financial officers (CFOs) and treasury departments at the time.

B2B 94

B2B Technology accounting and finance accounts payable 94

PYMNTS

NOVEMBER 20, 2020

Today in B2B payments, Wells Fargo rolls out its virtual card services for B2B payments, while PayPal Ventures makes a B2B payments investment. Each card payment is then assigned a virtual number tied to a commercial card account. Wells Fargo Debuts Digital Supplier Payment Tool. PayPal Ventures Invests $11.9M

B2B 78

B2B Procure to Pay Platform accounting and finance Finance 78

PYMNTS

MAY 22, 2020

Regardless of the news, this week’s B2B venture capital roundup is one of the strongest in months, fueled largely by FinTechs’ focus on connecting small and medium-sized businesses (SMBs) to capital. Trade finance technology startup CCRManager announced $2.12 Xtracap Fintech. CCRManager. Apollo Agriculture.

Finance 56

Finance B2B Agriculture accounting and finance 56

PYMNTS

DECEMBER 13, 2020

Orlando, Florida-based B2B Payments-as-a-Service (PaaS) platform Finexio is expanding its reach in the enterprise resource planning (ERP) software space and will now be available on Microsoft AppSource via a direct integration for Microsoft Dynamics users, according to a press release.

B2B 97

B2B accounts payable AP Processes Florida 97

PYMNTS

JUNE 17, 2020

Today, B2B payment terms are in dramatic flux, while supply chain disruptions have led to bottlenecks that leave some vendors in short supply of cash. As such, trade finance will be an important piece of the global recovery puzzle. The first and most obvious risk is credit risk, or the risk that a business will fail to repay financing.

Finance 68

Finance B2B accounting and finance Manufacturing 68

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 Account 60