The year end is often a time for chief financial officer (CFO) appointments, resignations or transitions. And as the 2024 fiscal year draws to a close, a flurry of C-suite announcements from companies including Miracle-Gro, Humana, Chipotle, Dollar Tree and more reveal an intriguing narrative:...
Briefcase has raised $3 million in a seed round to grow its artificial intelligence (AI) bookkeeping and accounting automation platform. The company will use the funding to hire engineers and product experts to serve its early adopters and onboard new customers, Briefcase said in a...
Middle-market CFOs face rising regulatory uncertainty as smaller firms bear the brunt of increased compliance costs, legal risks, and operational disruptions. To cope, many rely on external partners and new strategies, but this approach can delay long-term investments and leave firms more vulnerable. A PYMNTS...
Accounts payable (AP) may not always grab headlines, but its evolution is critical to business success. However, embracing the digital evolution of back-office cost centers is often easier said than done. Many AP teams, even in the 21st century, still find themselves at a standstill...
Esker now enables the real-time integration of its Esker Accounts Payable with two Microsoft cloud-enabled enterprise resource planning (ERP) systems. The integration with Microsoft Dynamics 365 Finance and Microsoft Dynamics 365 Business Central is enabled by an expansion of Esker’s Connectivity Suite, the provider of...
Embracing an automated approach to accounts receivable (AR) can pay off in spades for chief financial officers (CFOs) and treasurers. “Manual AR processes can take a lot of time,” R.J. Ancona, VP and GM, B2B product, partnerships and client management of merchant services at American...
Nearly every business pain point, over a long enough horizon, can be mitigated or solved. The good news today is that those horizons are only getting shorter. And as businesses continue to embrace automation, the accounts payable (AP) function is emerging as a new frontier...
It was former Intel CEO Andy Grove who once said, “How well we communicate is determined not by how well we say things, but how well we are understood.” And according to Visa’s 2024-2025 Growth Corporates Working Capital Index, CFOs and treasurers want to be...
As businesses adapt to a digital environment, many accounts payable (AP) departments are still using outdated practices. With rising business-to-business (B2B) payment volumes and cumbersome manual systems still in place, companies are prioritizing AP automation. A PYMNTS Intelligence report, “Automating Accounts Payable for Cost Savings,”...