Back-office

CFO
5 AI Tips CFOs and Treasurers Need to Know
August 15, 2024

A tool is only as good as the hand that wields it. And with the influence of artificial intelligence (AI) becoming more prevalent in our daily lives, CFOs and treasury function leaders are re-assessing the historical calculus around integrating AI solutions into their workflows to...

Accounts Payable
Centime Adds High-Yield Bank Account to AP Automation Solution
August 13, 2024

Centime added a fully liquid, high-yield bank account to its accounts payable (AP) automation solution. With the new offering, businesses can earn interest on AP float, use those earnings to cover the subscription costs of the AP solution and transform their AP into a new...

Accounts Payable
Settle Says Future of CPG Payables Is Industry Specific and Cash Flow Optimized
August 08, 2024

Think of the consumer packaged goods industry, and you think of the monoliths. Procter & Gamble, for example, has been around since 1837 and has 65 brands on its current roster. Colgate-Palmolive has been in business since 1806 and has 32 brands. What gets lost...

CFO
One Inc Appoints Flywire Veteran Michael Ellis as CFO
August 06, 2024

One Inc has named former Flywire Chief Financial Officer (CFO) Michael Ellis as its new CFO. Ellis will oversee the financial activities of the digital payments network for the insurance industry and will help drive its growth in collaboration with CEO Ian Drysdale, to whom he will report,...

Back-office
Raken and Sage Partner on Construction Industry Field Management Solutions
August 05, 2024

Raken has expanded the capabilities of its field management solutions for the construction industry by adding an integration with the Sage Intacct cloud accounting, payroll and human resources (HR) solution. This integration automatically syncs project data, including completed time entries, and helps contractors shorten the...

Accounts Payable
AI Turns Accounts Payables Into Corporate Growth Engine
July 30, 2024

Transforming back-office functions can often serve as a way to move business growth forward. And the accounts payable (AP) function, which plays a crucial role in maintaining the financial health of an organization, is more and more being recognized for its potential to become a...

CFO
CSG CFO: ‘True Decision Support’ Is Digital Transformation’s Holy Grail
July 29, 2024

Today’s CFOs increasingly find themselves in a position to actively transform their companies. This emerging reality is rapidly transforming the nature of both the CFO role and the finance function. Once seen primarily as a steward of financial stewardship, the modern CFO is now a...

Accounts Payable
Tracking Unclaimed Property Helps Firms Avoid Tax Audits and Penalties
July 25, 2024

Maybe you’ve gotten the emails, or heard through word of mouth: There are billions of dollars’ worth of unclaimed assets held by state governments. Ann Fulmer, director of unclaimed property consulting services at Sovos, told PYMNTS that the holdings are both tangible and intangible …...

Accounts Receivable
US Bank and Billtrust Partner on AR Platform for Suppliers
July 23, 2024

U.S. Bank has introduced an automated, comprehensive accounts receivable (AR) platform designed for suppliers. The U.S. Bank Advanced Receivables platform was created in partnership with Billtrust and combines the bank’s payment and risk management capabilities with Billtrust’s AR technology, the bank said in a Tuesday...