Where you spend your money, there’s your business strategy. And that’s large part why the role of the chief financial officer (CFO) has undergone a transformation in recent years, expanding beyond traditional finance functions to become a driver of strategy and value creation within organizations. “The CFO role...
Deloitte and Basware have partnered to facilitate accounts payable (AP) automation, touchless invoicing and compliance with eInvoicing regulations for global customers. Together, they will develop a joint go-to-market strategy to reach a wider audience, address evolving eInvoicing requirements and develop certified Deloitte consultants trained on...
TranscendAP, which has been a business unit of Optima Global Solutions since 2018, is now operating as a newly formed company. The firm was launched by Optima Global Solutions and TranscendAP co-founder and CEO Jeff Weinstein to focus on delivering artificial intelligence (AI)-powered accounts payable (AP) automation solutions to...
CTS Systems has integrated Corcentric’s Managed Accounts Receivable (AR) services into its travel booking platform. With this integration, the CTS Systems platform will offer corporate travel agents and hotels a single-source solution providing consolidated, digitized and secure invoice processing, the companies said in a Wednesday (May 8) press release. “By partnering with...
Basware expanded its market offering by acquiring AP Matching. The acquisition will add AP Matching’s cloud-based solutions for managing invoices and reconciling statements to Basware’s accounts payable (AP) automation and invoice processing capabilities, the companies said in a Wednesday (May 8) press release. “We’re excited to combine forces with...
Paymerang and Harris ERP have partnered to provide advanced invoice and payment automation solutions to local governments. With this collaboration, Paymerang’s accounts payable (AP) automation tools will be delivered to hundreds of local governments via Harris ERP’s enterprise resource planning (ERP) system, CitySuite, the companies said in a Tuesday (May 7) press...
Fifty-seven percent of the total accounts receivable (AR) transactional volume flowing into the coffers of small to mid-sized businesses (SMBs) comes in the form of nonrecurring, ad hoc payments. Yet, PYMNTS Intelligence found that in most cases, the process around receiving and processing these ad hoc...
Over $38 billion of U.S. office buildings face loan defaults, foreclosures or other distresses. At the same time, many companies are relocating or centralizing their headquarters. That’s why, for today’s CFOs, the cost and cultural balance around return to office versus remote work and other hybrid setups is top of mind...
To be successful, you must have your heart in your business, and your business in your heart. As today’s chief financial officers know best, the role of a leader is to define a common goal and enable the business to get there. “I feel immense accountability for...