Back-office

CFO
The Evolving CFO Role Is Helping Drive Better Results
February 09, 2024

The responsibilities of the CFO have never looked more different or driven more impact. That’s because, at a high level, most business roadmaps tend to be a function of their macro operating environment — and given the challenges of today’s landscape, CFOs are playing a...

Payroll
Workday, the App to Beat in PYMNTS’ Provider Ranking of Payroll Apps
January 31, 2024

Payroll is a big deal and you want it done right. PYMNTS is here with Provider Ranking of Payroll Apps to help guide you to choosing the one that fits your company, helping you help others get things done. Take a look below at how things...

CFO
CFOs Focus on Profits as Working Capital Gets Pricey
January 29, 2024

The secret of change isn’t in fighting the old, it’s in building the new. That’s an idiom that rings particularly true for the chief financial officer seat. “Over the last three to five years, I’ve come to really appreciate the saying, ‘The more things change,...

Payroll
Study: Earned Wage Access Overuse Can Hurt Consumers
January 28, 2024

Is earned wage access (EWA) a useful tool for cash-strapped consumers? Or just payday lending going by another name? A report Sunday (Jan. 28) by CNBC examines the rising popularity of these programs, which let consumers access part of their ages in advance of payday, in some...

Accounts Payable
36% of SMBs Say Cost, Complexity Prevent AP/AR Automation
January 23, 2024

Nearly 80% of mid-size firms — those generating between $3.5 million and $15 million in annual revenue — anticipate a surge in the volume of payments processed through their accounts payable (AP) systems, while 75% expect an increase in the number of invoices handled via...

CFO
This CFO Says Digital IQ Will Define Role in 2024
January 05, 2024

Every ship needs a navigator, particularly when the seas are choppy — even stormy. Increasingly, the chief financial officer (CFO) has stepped up to play the navigator role within organizations, as firms big and small look to find sturdy footing in the face of changing...

Accounts Receivable
Chaser Promotes SMS Payment Reminders by Absorbing Processing Costs
January 03, 2024

Chaser, a global accounts receivable (AR) platform and credit control service provider, is promoting the adoption of SMS payment reminders by enabling businesses to pay nothing for SMS usage from January to June 2024. During this time, the company will absorb the costs associated with processing SMS,...

CFO
Digital-First CFOs Strike Winning Balance Between Risk and Profitability
January 02, 2024

For today’s CFOs, each day is different — and every challenge represents an opportunity. Perhaps no opportunity is greater than the rapid pace of innovation to which finance leaders in the 21st century are bearing witness. “Digital transformation has really enabled us to evolve,” PayByPhone...

Accounts Payable
Mid-Sized Firms Lag Enterprise Peers in Automating Payments and Receivables
December 29, 2023

More than 90% of mid-sized firms — those annually generating $3.5 million to $15 million in revenue — that plan to further automate their accounts payable (AP) and accounts receivable (AR) processes anticipate getting more accurate, efficient or streamlined processes. This technology-driven approach reduces the...