At the most efficient growing companies, 80% say their primary reason for using working capital is planned growth. Among the least efficient, just 2% say the same. That 78-percentage-point gap is a central finding in “The 24-Day Advantage: What Top-Performing CFOs Know About Working Capital,” a...
FinTech company Mercury added an artificial intelligence-native payroll solution to its offerings so that founders can pay employees and contractors from the account they already use to manage their money, the company said in a Tuesday (Oct. 20) press release. With AI-powered capabilities through Mercury’s...
Watch more: Trusted Data Comes Before AI Payment Decisions Moving money used to be the product. Today, it’s becoming a commodity. “Execution itself is becoming commoditized. The durable value sits in the quality of the decision and the intelligence behind it,” Tungsten Automation Chief Product...
Revenue assurance platform xfactrs argues that services companies are suffering from “revenue leakage” hiding “in the gaps between what’s sold, contracted, delivered, and billed.” To address this issue, the company announced Wednesday (Oct. 14) that it is expanding its revenue tracking software to serve professional services firms, systems integrators,...
Genpact has launched a suite of agentic artificial intelligence solutions designed to handle accounts receivable tasks for industrial clients in manufacturing and mining, the company said in a Wednesday (Oct. 14) press release. The Genpact Accounts Receivable Suite includes Genpact AR Collections, which prioritizes accounts...
FIS has debuted an agentic artificial intelligence solution to help finance teams manage collections, liquidity, risk and cash flow. FIS Agentic Insights Suite comes with a new cash flow forecasting module that projects cash across “multiple time horizons,” the company said in a Monday (Oct. 12) news...
Watch more: Need to Know With Branch’s Atif Siddiqi For workers with unpredictable pay, the problem with saving isn’t necessarily deciding to do it. It is knowing how much money they can afford to set aside and leave alone. Branch Founder and CEO Atif Siddiqi...
Cash App, a financial services platform operated by Block, has partnered with enterprise software provider Workday to integrate its payment destination into Workday’s employee payroll management system, according to a Thursday (Sept. 24) news release. Under the agreement, eligible U.S. workers using Workday will be able...
Benefits teams can spend more than a week of staff time every month handling transactions that don’t move cleanly through the system. For a benefits program with 5,000 active accounts, the new PYMNTS Intelligence report produced with SoFi Tech Solutions titled “Making Health and Wellness...