Sections
accounting
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794B2B PaymentsOneStream Launches Automated Account Reconciliation
OneStream, which specializes in corporate performance management (CPM) for companies, has a new program that promises to speed up the time it...
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2.7KB2B PaymentsTeampay Wields Slack To Promote Controller Collaboration
Spend management startup Teampay is introducing the Controller Collective, a Slack-based exchange to assist controllers and senior accounting professionals, Teampay said in...
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2.6KB2B PaymentsThe Waterfall Effects Of Integrated SMB Accounting
Automation in small business accounting can certainly be beneficial, but when a cloud-based accounting platform remains within the confines of its own...
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1.8KInternationalSmall Business Accounting Software FreshBooks Rolls Out In UK
With a continuation of its global expansion, small business accounting software maker FreshBooks has rolled out in the United Kingdom. The firm...
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2.1KB2B PaymentsRethinking Reconciliation Amid Deeper Corporate Finance Disruption
The reconciliation process is traditionally viewed in the context of financial transactions: Does the value of a company payment match with what...
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3.0KB2B PaymentsAirwallex, Xero Collab On X-Border SMB Payments, Reconciliation
Australian cross-border FinTech unicorn Airwallex is integrating with New Zealand’s cloud-based accounting platform Xero, Airwallex announced Tuesday (March 10). The collaboration is...
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2.3KB2B PaymentsFloQast Augments Reconciliation Automation With AI
Accountant close management software company FloQast has upgraded FloQast AutoRec, the company’s AI-powered solution to account reconciliation, according to a release. FloQast...
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4.7KB2B PaymentsQuickBooks Deepens PayPal Integration For SMB Payments
QuickBooks Connect, an event planned this week in London, was canceled due to the coronavirus, so parent company Intuit has released information...
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2.3KThe WeekenderTreasury APIs, BNPL And Robinhood’s Outage Top This Week’s News
It’s the end of the workweek, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest...
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2.8KB2B PaymentsHostBooks Launches Mobile Accounting App For SMBs
HostBooks Accounting Software Company has announced the launch of its mobile app to help small businesses with payroll integration and other services....
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2.3KB2B PaymentsSage Exits Latin America Amid Cloud Transition Growing Pains
The British accounting software company Sage is offloading its operations in Brazil in a deal estimated to be valued at £1 million,...
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8.1KB2B PaymentsUK Moves Closer To Big Four Accountancy Breakup
The Financial Reporting Council (FRC), the U.K.’s audit regulator, announced plans this week to break up the dominance of the largest four...
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4.5KB2B PaymentsOpen Banking Deepens Its SMB Accounting, Lending Presence
As Open Banking spreads further into the small business (SMB) financial services market, accounting and lending platforms are taking advantage. This week’s...
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2.7KB2B PaymentsReuters, KPMG Team For Aussie Business Taxes
Business information firm Thomson Reuters is teaming up with global tax company KPMG to offer Australia businesses a solution to deal with...
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7.9KB2B PaymentsAccounting Firms MYOB, Xero Eye Invoice Finance Solutions
Accounting software providers MYOB and Xero are exploring invoice finance solutions while retaliation ensues in the background regarding products that charge fees...
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3.5KB2B PaymentsSmall Businesses’ Biggest Lease Accounting Pitfalls
New lease accounting standards are in effect for publicly traded companies in the U.S. after the Financial Accounting Standards Board (FASB) and...
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4.5KB2B PaymentsAccounting Background No Longer Needed For CFO Jobs
Having an accounting background is no longer a must for a company’s chief financial officer (CFO), according to a report by The...
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4.7KB2B PaymentsHow Faster Payments Can Show Future Of SMB Cash Flow
Advances in data integration and automation have taken small- to medium-sized business (SMB) accounting to the next level. In the effort to...
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4.8KB2B PaymentsHow Big Data Guides The Accountant’s Evolution
Technology continues to initiate change in the role of accountants from number-crunchers to strategic advisors. With client requirements in flux, and with...
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2.9KAPIHow APIs Are Helping FIs Meet SMBs’ Payment Needs
Corporates no longer tolerate “swivel chair” solutions that force them to switch back and forth between different software solutions and different bank...
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2.5KB2B PaymentsTribe Payments’ Bankbox Allows For Payroll, AP Integration
Tribe Payments has announced that its new Bankbox service, which allows for direct integration into payment rails for payroll and accounts payable...
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13.5KB2B PaymentsKPMG, PwC, EY To Put $9B Toward AI, Data Tech
The largest accounting firms – EY, Deloitte, KPMG and PwC – are investing billions of dollars in artificial intelligence (AI) and data...
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9.9KB2B PaymentsCorporates Brace For Cloud Computing Accounting Changes
The Financial Accounting Standards Board (FASB), which establishes accounting standards in the U.S., has released new guidance on computing costs for cloud...
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3.8KAccounts PayableAP Automation Set To Shred Paper Checks
We may be present for an historic moment akin to the advent of electric lighting, or at least the leap from DVD...
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2.2KNext-Gen Sales TaxDeep Dive: How Not To Lose A Bundle On Bundled Taxes
Merchants frequently package products together into eye-catching bundles, selling everything from laptops with preloaded software to charcuterie gift baskets. Bundling can give...
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3.5KB2B PaymentsStarling Bank Marketplace Now Offers QuickBooks
Online accounting software provider QuickBooks is now part of the Starling Business Marketplace, Starling Bank said in a blog post on Wednesday...
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5.1KB2B PaymentsMessageXchange Launches PEPPOL-Certified eInvoicing In Australia, New Zealand
MessageXchange has announced that it is the first PEPPOL-certified eInvoicing Access Point service provider in Australia and New Zealand. Earlier this year,...
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2.7KB2B PaymentsAvidXchange Targets Banks’ B2B Payments Friction With AvidPay
Commercial payments technology company AvidXchange is connecting banking clients to its AvidPay B2B payments network through a new integration. The company announced...
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4.1KB2B PaymentsHow APIs, The Gig Economy Drive Payroll-Accounting Connectivity
With open banking business models inspiring FinTech innovators to explore other use cases for data integrations, the B2B financial services market has...
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5.2KInvestmentsSEC Probes WeWork For Potential IPO Violations
The U.S. Securities and Exchange Commission (SEC) is reportedly looking into WeWork to determine whether the embattled company violated financial rules while...
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4.1KRetailUnder Armour Defends Reputation Amid Allegations Of Hiding Soft Sales
Under Armour CEO Kevin Plank has responded to allegations that he borrowed business from quarters in the future to mask slowing demand...
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6.8KB2B PaymentsCreDec Adds Real-Time Payments To Xero
Payment service provider CreDec is integrating real-time payments capabilities that will allow small and medium-sized businesses (SMBs) and their accountants to bypass...
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5.4KSecurity & FraudJustice Department, SEC Investigating Under Armour
Baltimore-based Under Armour is being probed over its accounting practices by the U.S. Securities and Exchange Commission (SEC) and the U.S. Department...
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3.1KB2B PaymentsRedCloud Launches OCR-Driven Payment Solution
RedCloud Technologies has announced the launch of its optical character recognition (OCR) driven digital collections and reconciliation payment solution. London-based RedCloud allows...
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3.0KB2B PaymentsBig Four Seek Guidance On Trade Finance
Top accountancy firms are asking the Financial Accounting Standards Board (FASB) to clarify how corporates should report on supplier finance programs that...
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3.1KSecurity & FraudNews Of KPMG Audit Triggers Spike In Wirecard Shares
Shares in digital payment company Wirecard went up almost 7 percent on Monday (Oct. 21), following news of an independent audit by...
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4.7KB2B PaymentsOpen Banking Expands Its Horizons For Small Business Finserv
The evolution of financial services has opened the door for open banking to take place. While in the U.K., Europe and elsewhere,...
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4.1KSecurity & FraudAuthorities Demand Accounting Details From Germany’s Wirecard
After trying to discredit a report about its dodgy accounting practices, Germany-based Wirecard is facing demands from analysts for comprehensive information about...
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3.6KB2B PaymentsCodat Pulls SMB Accounting Into The Open Banking Fold
Small business (SMB) accounting FinTech Codat is teaming up with five°degrees to join its Open Banking partnership, according to Verdict on Tuesday...
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2.9KB2B PaymentsUK Tightens Accounting Standards As Corporate Collapses Continue
More high-profile corporate collapses in the U.K. have led the Financial Reporting Council (FRC) to enact more stringent accounting standards, The Guardian...
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3.4KInvestmentsTipalti Raises $76M In Series D Led By Zeev Ventures
San Mateo accounts payable automation startup Tipalti won $76 million in a funding round led by Zeev Ventures. Also participating were Group...
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4.2KPayment MethodsStripe Expands European Presence
San Francisco-based Payments startup Stripe is rolling out its services in eight new European countries, the company said in a press release...
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3.0KB2B PaymentsXero Integrates BP Fuel Card eInvoices
Small business cloud accounting company Xero has announced BP as its latest – and largest – partner to join Xero Connect. Scoop...
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4.0KSecurity & FraudMadoff Whistleblower Has GE On The Defense
Boston-based General Electric (GE) is defending itself against accounting fraud alleged by the same whistleblower who called out Bernard Madoff’s Ponzi scheme,...
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4.4KB2B PaymentsRevolut Taps Xero For SMB Expense Offering
Challenger bank Revolut is launching a new product for its small business customers. The U.K. company announced in a blog post on...
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2.9KB2B PaymentsRoadSync Streamlines Logistics Payments With QuickBooks
Logistics payments platform RoadSync is syncing into QuickBooks to boost transaction efficiency for its users. A press release reported by AJOT this...
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2.8KB2B PaymentsBig Four Accountancies Fail UK Audit Test
All of the U.K.’s so-called Big Four accountancy firms — KPMG, PwC, EY and Deloitte — have reportedly failed to reach audit...
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4.3KB2B PaymentsCambridge Global Payments Automates X-Border AP
FLEETCOR-owned Cambridge Global Payments has announced the launch of its Invoice Automation Solution. Cross-border commercial payments and FX management firm Cambridge Global...
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2.5KB2B PaymentsSMBs May Get More Time To Adopt New Accounting Standards
Financial regulators are considering allowing smaller businesses (SMBs) more time to comply with sweeping changes in lease accounting standards, which experts have...
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3.6KB2B PaymentsAmaiz Debuts Mobile Banking App For Startups
U.K. FinTech Amaiz is rolling out a mobile business banking app for entrepreneurs, announced in a blog post this week. The solution...
