PYMNTS

NOVEMBER 30, 2018

the accounts payable [AP] department), where employees can deliberately report incorrect spending, overstate payments or even create fake vendors. “Because it really is a personal kind of thing, rather than an issue with their accounting systems. The channels through which embezzlers commit their crimes vary, too.

accounts payable 55

accounts payable payroll Technology accounting and finance 55

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

MARCH 2, 2020

Corporate payments innovation has cast a wide net to tackle the many pain points businesses experience today, with accounts payable (AP) one of the most popular targets for disruptors. There are a lot of scenarios in which transferring to a bank account isn’t fast enough anymore, and most legacy accounting systems are really slow.”.

B2C 60

B2C accounting and finance accounts payable Construction 60

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

MARCH 1, 2018

Securing bank financing for a small business (SMB) is neither fast nor easy, but the people running those SMBs need it to be both. That’s why a group of forensic accountants set out to found Validis. The notion that SMBs and their accountants had to print out all the stuff they had neatly assembled online seemed nuts to them.

accounts payable 40

accounts payable forensic accounting tax return accounting and finance 40

PYMNTS

DECEMBER 29, 2020

Although it occurred under dire circumstances, 2020 was the year that many organizations finally ditched the paper check in B2B payments — or, at the very least, helped to move the needle toward electronic payments. B2B payments are messier than B2C payments," said Chanda. Empowering Finance Professionals.

Technology 114

Technology B2B accounts payable accounting and finance 114

PYMNTS

MAY 31, 2018

The IRS is hiring and training more than 3,000 agents to enforce its Foreign Account Tax Compliance Act (FATCA), and the onus is now on the payer to collect all necessary tax documents from the payee and validate the info on those forms. AvidXchange. DadeSystems.

Accounts Payable Automation 43

Accounts Payable Automation accounting and finance accounts payable Florida 43

PYMNTS

MAY 31, 2018

The IRS is hiring and training more than 3,000 agents to enforce its Foreign Account Tax Compliance Act (FATCA), and the onus is now on the payer to collect all necessary tax documents from the payee and validate the info on those forms. AvidXchange. DadeSystems.

Accounts Payable Automation 40

Accounts Payable Automation accounting and finance accounts payable Florida 40

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. The cost of ACH payments typically ranges between $0.26

AP Automation 79

AP Automation accounts payable AP Processes accounting and finance 79

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

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

JULY 24, 2018

That’s particularly true in the finance department. Years of growth and expansion can make the task of upgrading existing legacy financial, ERP and accounting systems a monster of a task. Shannon said accounts payable (AP) is one area of the enterprise that exemplifies that challenge.

Technology 40

Technology accounts payable accounting and finance Finance 40

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

FEBRUARY 1, 2021

Today in B2B payments, TD Bank forms the new Commercial Bank, FLEETCOR acquires Roger, and City National Bank pairs up on virtual corporate cards. Plus, OnPay strikes accounts payable partnership and an OECD digital tax deal looms. German Finance Minister Says OECD Digital Tax Deal Likely by Summer.

B2B 52

B2B AP Automation accounts payable Technology 52

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