Construction firms that rely on paper-based processes can spend $50,000 or more a year processing invoices and making payments — money they can save by switching to card-based transactions, says Jeff Freese, CPA and controller at commercial wall system contractor Nevell Group. In the CFO’s...
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Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...
For all that’s written and said about what’s happening at the checkout, the point-of-sale and front-of-house in general, it’s the back office where the finance magic happens. At times like these, smooth workflows and reliable integration of the right tools can make all the difference....
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Billing processes that pass muster in the U.S. aren’t necessarily enough when transacting with businesses overseas. Each country has unique invoicing standards and regulations, meaning accounts receivable (AR) teams must modify their approaches for each market, says Jeff Edwards, CEO of energy and power solutions...
David Disque, CEO of CSI (Corporate Spending Innovations), dives into how his firm quickly pivoted to an all-digital approach with the onset of the pandemic. “Digitizing manual processes should be a top priority,” he says. “Accounts payable (AP) is well-suited for automation, and payments is...
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Meitra Aycock, Comdata’s senior vice president of corporate payments operations, delves into how the COVID pandemic has made prospects more interested in AP outsourcing. “AP managers are often understaffed in the best of times, and today they’re battling the threat of a workforce dealing with...
