PYMNTS

NOVEMBER 17, 2020

Today in B2B payments, American Express enhances its early B2B payment solution, and payroll provider Paylocity strikes an acquisition deal. Plus, Allied Irish Bank strengthens its receivables finance offering, PwC develops data capture solution and BlackLine modernizes the cloud. 16) press release.

B2B 57

B2B accounting and finance Technology payroll 57

PYMNTS

JULY 6, 2020

Steady digitization in stale B2B payments and the open banking movement are two closely related and increasingly exuberant expressions of money’s digital makeover. Impacts expected from open banking on the laggard B2B payments space are hard to understate. It’s worth the effort, as the growing number of B2B payments use cases prove.

B2B 76

B2B accounting and finance accounting software corporate accounting 76

PYMNTS

MARCH 18, 2020

In a recent conversation with PYMNTS, Bectran Business Development and Implementation Manager Dominic Biegel reflected on the deepening relationship between an organization’s accounts receivable (AR) operations and its clients’ accounts payable processes. 1st Commercial Credit Discusses Payables Finance.

B2B 67

B2B accounts payable Real Estate accounting and finance 67

PYMNTS

MARCH 6, 2020

A lull in venture capital funding has only a few B2B FinTechs this week securing new investment rounds. In the meantime, PYMNTS gathered up a shortlist of the B2B FinTechs that were able to secure new funding as backers prepare for their next wave of support. Mailprotector. Chqbook.com.

B2B 80

B2B Spend Management New York accounting and finance 80

PYMNTS

OCTOBER 6, 2020

At least insofar as 2020 has shaped up, and especially where B2B payments have been concerned. Nawaz pointed out that managing supply chains is about ensuring a seamless flow of finances as much as it is about tracking production from raw materials to finished goods. “It Improving the B2B Customer Experience.

B2B 84

B2B Technology accounting and finance B2C 84

PYMNTS

APRIL 1, 2020

“The answer to this problem has to be more than the federal government offering low interest loans to business owners,” Alignable Co-Founder and CEO Eric Groves said in a statement. The B2B FinTech ecosystem seems to agree. Linked Finance Launches New SMB Loan. Optimum Finance Eyes Accountants for SMB Finance.

B2B 67

B2B accounting and finance Finance Manufacturing 67

PYMNTS

NOVEMBER 3, 2020

And B2B payments , too. The $20 trillion in corporate payments done through paper checks represents a staggeringly large greenfield opportunity – and there is any number of ways to modernize B2B interactions (and corporate treasury activities in lockstep). The Big Themes – And The Challenges . That’s where the market’s going.

B2B 82

B2B accounting and finance accounts payable Government 82

PYMNTS

OCTOBER 12, 2018

café chain Patisserie Valerie has been arrested after the company revealed “significant, and potentially fraudulent, accounting irregularities,” according to BBC reports on Friday (Oct. On Friday, the company said Chris Marsh, its finance director, was arrested during the night and has been released on bail.

Finance 49

Finance Account accountant accounted 49

PYMNTS

SEPTEMBER 7, 2018

Investors this week placed more than $447 million in B2B FinTech startups, with the biggest investment rounds landing at companies that address more than one point of friction. One startup, Colombia’s Portal Finance, also signals investors’ appetites for multitasking B2B FinTech startups.

Finance 46

Finance accounting and finance B2B Government 46

PYMNTS

OCTOBER 28, 2019

The Big Four auditing firms — EY, Deloitte, KPMG and PwC — have recently requested that the Financial Accounting Standards Board (FASB) provide clarity in how corporates should classify their reverse factoring or supply chain financing agreements, adding more fuel to a long-standing debate as to whether such trade financing tools are debt.

B2B 40

B2B accounting and finance accounting standards Finance 40

PYMNTS

NOVEMBER 30, 2020

Today in B2B payments, Visa teams up with Razorpay to debut a small business commercial card solution, while Nets is working with Yoba Smart Money to develop small business payment tools. In Australia, the government could be looking at mandatory eInvoicing for companies, according to a report by Accountants Daily.

B2B 64

B2B accounting and finance Government Start-ups 64

PYMNTS

NOVEMBER 28, 2018

The Singapore-based company provides SMBs with its cloud-based platform to manage business operations, including accounting and finance, employee hiring and management, and other back-office processes. “It exists as an online B2B marketplace for [SMBs], powered by Deskera’s leading inventory management technology.”

B2B 55

B2B accounting and finance Government Finance 55

Accounting Insight

MARCH 31, 2023

Small business lender iwoca’s latest SME Expert Index data – based on UK finance brokers who submit over 2,000 SME finance applications a month – reveals a third of experts (32%) report increased business running costs as small businesses’ top concern. Access to finance during this period becomes even more vital to keep them on track.”

accounting and finance 59

accounting and finance corporation tax Finance B2B 59

PYMNTS

APRIL 29, 2020

To provide immediate cash flow for small- to medium-sized businesses (SMBs), the American Institute of CPAs (AICPA) is asking for the Federal Reserve to make a short-term accounts receivable (AR) lending facility that is federally backed, according to an announcement.

Finance 57

Finance cpas accounting standards B2B 57

PYMNTS

JUNE 29, 2018

India’s YES BANK is rolling out new financial services for startups across the country through a partnership with Kerala Startup Mission , a government initiative to support entrepreneurs. The bank works with the Credit Guarantee scheme for Stand Up India to provide financing to startups.

Government 41

Government accounting and finance B2B Finance 41

CPA Practice

JANUARY 23, 2023

Accounts payable (AP) teams are stuck on a hamster wheel, always having to scramble to get payments out the door and then reconciling them on the back end. They are chartered by governments to steward money and move money around. But there’s one big piece of B2B payment infrastructure that they don’t have: vendor networks.

accounts payable 52

accounts payable Technology Account accountant 52

PYMNTS

OCTOBER 19, 2020

“Banks can provide alternative, low-cost and less document-intensive forms of financing, like supply chain financing,” Gupta said. To that end, Oracle Financial earlier this month said it is offering a new supply chain finance feature to help banks deliver more flexible financing options. Supply Chain Financing.

Finance 60

Finance accounting and finance Technology accounts payable 60

PYMNTS

JUNE 26, 2020

This challenge exists for professionals across the back office, but in business accounting, the lack of data integration and accuracy mean finance experts are spending valuable time correcting information and moving numbers from one platform to another. ” Supporting an Accounting Shift.

Account 52

Account accountant accounted accounting and finance 52

PYMNTS

JULY 3, 2019

In the B2B world, the time is now for faster payments. In addition, those firms that embrace real-time payments (RTP) may be setting the stage for other transformative initiatives over the next few years — as 60 percent of companies interested in RTP also intend to pursue B2B payment innovations. In the U.S., Though the U.S.

B2B 62

B2B accounting and finance Gaming Start-ups 62

PYMNTS

DECEMBER 2, 2016

We’re covering two weeks’ worth of B2B venture capital funding, and across the board, India has come out on top. But the largest venture capital funding round went to an accounts payable automation firm in the U.S. But the largest venture capital funding round went to an accounts payable automation firm in the U.S.

B2B 53

B2B Accounts Payable Automation accounts payable Travel Expense Management 53

PYMNTS

APRIL 23, 2020

As one-person operations, they often lack the resources and know-how to manage professional finances in a compliant and efficient way, yet they have more complex tax, payments and cash flow management needs than the average individual. Accounts payable is the money you owe your suppliers. Easing The User Experience.

accounts payable 56

accounts payable Account accountant accounted 56

PYMNTS

JANUARY 19, 2018

When it comes to late B2B payments, eyes most often turn toward the U.K., where payments and FinTech companies have worked to raise awareness of the issue, and where government policymakers have taken steps to combat the problem. But the late B2B payments problem is a global one, and while the U.K.

Government 40

Government accounting and finance B2B Finance 40

PYMNTS

AUGUST 9, 2019

FinTech investments targeting B2B and corporate services spanned the globe, with particular concentration this past week in SMB lending across India and Europe. In New Delhi, Awfis, focused on the co-working space in India, said this past week that it raised $30 million in a financing round designed to help the company expand in India.

B2B 46

B2B Technology accounts payable accounting and finance 46

PYMNTS

APRIL 6, 2018

But operating on a digital platform is far from ubiquitous in the B2B market, regardless of the size of the company or geographic location. There is a clear reason for that, according to Payson Johnston, CEO of blockchain B2B eCommerce and supply chain finance company Crowdz. “A Blockchain’s Position in the Supply Chain.

B2B 40

B2B accounting and finance Finance Manufacturing 40

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., “A primary example would be Walmart,” explained Mia.

Real Estate 52

Real Estate Account accountant accounted 52

PYMNTS

MAY 4, 2020

Two years ago, Singapore launched its SMEs Go Digital campaign, a government effort to enable small businesses to modernize and embrace the cloud that continues today. A New Model For Accounting. “Blockchain technology has been widely adopted in man industries, but accountants are still debating on how to properly account for it.”

Account 67

Account accountant accounted small business accounting 67

PYMNTS

NOVEMBER 30, 2018

AccuFund, an accounting and ERP solution provider for nonprofits and government entities, this week announced the launch of new features. In a press release , AccuFund said its newest version of its Accounting Suite introduces new automated capabilities as well as enhanced data-management functions. spent on labor, $0.50

Government 55

Government Account accountant accounted 55

PYMNTS

MARCH 6, 2019

Corporate accounting standards are changing, with the Financial Accounting Standards Board adopting new standards in ways companies report on leases, hedging and other financial activity. A recent report from CFO.com shed light on another factor driving accounting and financial transparency within corporate America.

Finance 55

Finance accounting standards accounting principles accounting and finance 55

PYMNTS

DECEMBER 20, 2016

fintech company MB Transfers, which enables cross-border B2B payments, is going by a new name: ArcaPay. But there are other regulations and economic policies that can give small businesses a leg up on managing payments and finances. The company uses the interbanking system to facilitate cross-border B2B payments for its clients.

B2B 51

B2B Technology accounting and finance accounting system 51

PYMNTS

JULY 9, 2020

With commercial credit cards historically viewed as a payment vehicle for businesses to make one-off purchases for the office or while on a business trip, the small business credit card has yet to catch up to adoption volumes seen by other payment methods like direct bank transfers in the B2B payments space. Opening Access To Capital.

accounts payable 56

accounts payable accounting and finance B2B Finance 56

PYMNTS

APRIL 22, 2019

there has been a bit of groundswell to curb the harm that such late payments may do to small businesses (SMBs) that work with the federal government. representatives introduced legislation that would mandate shorter timeframes for contractor work done for the government. However, in the U.S.,

Government 43

Government Washington accounting and finance Finance 43

PYMNTS

MAY 4, 2020

Increasingly, those cries include calls to action for corporates to pay their small suppliers as more vendors struggle with late and delayed payments — and for government entities to support those measures. trillion in B2B receivables owed at any given time,” said Abrahamsen. alone, there were $3.1 Some of the U.K.’s

B2B 64

B2B accounting and finance income tax Finance 64

PYMNTS

JANUARY 24, 2018

Bitcoin doesn’t necessarily have the blessing of government agencies, but what about blockchain? It seems governments are a bit more open to distributed ledger technology (DLT), though that doesn’t mean blockchain companies get a free pass with regulators. government isn’t the only jurisdiction going hot and cold on blockchain.

Government 53

Government accounting and finance Technology Finance 53

PYMNTS

SEPTEMBER 14, 2020

In the fight against late B2B payments, there is good news and bad news. But the good news, as this week's B2B Data Digest shows, is some larger enterprises are taking the initiative to address this burden. According to WSJ reports , Lockheed alone accelerated B2B payments totaling $1.3 54 percent of invoices sent by U.K.

B2B 63

B2B Finance Washington Government 63

PYMNTS

MAY 21, 2020

MicroTech , which provides information technology services to government entities, is partnering with cost management tool CostPerform , in order to boost functionality for IT payment processes, according to a press release. MicroTech was formed in 2004 and has worked to help customers get the best value for financing their assets.

Agriculture 56

Agriculture B2B accounting and finance Technology 56

CPA Practice

MAY 12, 2023

accounting profession is facing a much-discussed conundrum. Approximately 300,000 professionals left public accounting in 2021 and 2022 and fewer college students are choosing to pursue accounting as a career. This is another area where outsourced providers can become a valuable part of an accounting firm’s strategy.

bookkeeping 98

bookkeeping accounting firms CPA accounting and finance 98

PYMNTS

SEPTEMBER 28, 2020

This week's B2B Data Digest looks at the latest figures behind such fraud targeting corporate finance teams. According to the report, as many as 500 people have been identified by the government as having potentially committed fraud. Morgan Chase bank account that he created and maintained for TNC.".

accounts payable 96

accounts payable B2B California accounting and finance 96