Payroll Growth Partners (PGP) has launched WageLink, a payroll app designed to help employees access and manage their wages. The app includes features such as pay cards, mobile payments, budgeting tools and early pay access, according to a Tuesday (Oct. 17) press release. As the...
With more than 8 in 10 companies still seeing delayed payments rise in 2023, concerns about the global economy remain high. Small business owners’ top reported financial challenges over the last 12 months were limited or inconsistent cash flow, at 40%, and no cash reserves...
PYMNTS interviews Murray Sharp, vice president of partnerships, channel sales & business development at Billtrust, about why the current economic environment requires not merely an AR upgrade but also a major shift in operational strategy. — The current economic and business environment is pushing companies’...
As organizations across industries struggle with delayed payments and disruptions to cash flow, accounts receivable (AR) teams are now seen as navigators amid an economic storm. More than 8 in 10 businesses believe their AR teams have become more crucial in recent months — yet...
Chief financial officers (CFOs) are looking at automation to improve their accounts receivable (AR) processes. Sixty-seven percent of CFOs say their firms “probably” need more automation and 27% say they “definitely” need more, according to “Automation Clears the Path to Getting Paid on Time,” a...
When and how much a business gets paid can determine whether it will survive. But it is the technical architecture around that payment that can set a business up for success. “The world of business today is moving super-fast, and that certainly applies to the...
In the latest edition of PYMNTS’ Provider Rankings of Payroll Apps, a tie has been broken. Movers and shakers stirred up this round, with several apps gaining and losing points. Keep reading to find out the best payroll app provider. The Top 5 Workday remains at...
A new survey finds a growing number of CFOs trimming spending due to higher interest rates. The survey, issued earlier this week by Duke University’s Fuqua School of Business and the Federal Reserve Banks of Atlanta and Richmond, found that around 40% of chief financial officers (CFOs) were reducing capital and non-capital...
This era’s digital transformation has swept up all business functions, including that of finance. That’s because — no longer confined to the traditional responsibilities of the role — today’s finance teams and their leaders are frequently charged with spearheading enterprise transformations, not just signing off...