Long gone are the days when Excel and PowerPoint ruled supreme in the CFO office. That’s because in today’s fast-paced and hyper-connected operating environment, future-fit technology and data-science-driven solutions are the new tools finance leaders are using to help keep the score. “It’s becoming a...
B2B payments platform Zil Money says it wants to help cash-strapped businesses make payroll. To that end, the company Monday (June 12) announced the launch of Payroll by Credit Card, a tool to help companies simplify employee payments, even during cash flow shortages. “We understand the common challenges...
Being able to receive B2B payments quickly and easily is vital to businesses’ financial health, but many small businesses face friction with receiving them. The most common problems that small- to medium-sized businesses (SMBs) face when receiving B2B payments include a lack of foresight into...
Add managing for the macroclimate to the ever-growing task list of leading chief financial officers. “I wake up thinking about this, and I go to bed thinking about it,” NextRoll CFO Sue Choe told PYMNTS. Still, Choe emphasized that as the day-to-day obligations of finance leaders continue to grow, it’s...
Amid today’s hostile macroclimate, the CFO role has taken on increased importance. Daniella Turenshine, chief financial officer at direct-to-consumer (DTC) healthcare apparel and lifestyle brand FIGS, knows this all too well. Turenshine tells PYMNTS that with market conditions constantly changing and past events shaping the future,...
iiPay has launched a payroll solution to help multinational corporations manage payments to contractors. The new ContractorPay streamlines payments to contractors across the globe, the provider of cloud-based global payroll software solutions said in a Tuesday (June 6) press release. “iiPay ContractorPay will provide businesses...
The uniquely contemporary challenges of today’s macroclimate are transforming the finance department. Among historic levels of inflation, rising interest rates, dwindling access to financing, and ongoing black swan events, the notions of bank risk and treasury management have risen to the forefront of CFOs’ minds....
Today’s new macroenvironment has brought with it new responsibilities for finance leaders. Still, no matter the landscape, one of the principal roles of the chief financial officer is to protect the balance sheet by relying upon concrete fundamentals that ensure long-term visibility over working capital...
Firmbase has emerged from stealth and announced it has raised $12 million for its financial planning and analysis (FP&A) platform. The Tel Aviv-based firm’s platform can be implemented in days and provides advanced budgeting and financial analysis using accurate live data, scenario modeling and robust analysis,...