As cybercriminals target more businesses, accounts payable (AP) departments are more vulnerable to fraud. With more than 80% of U.S. companies affected by sophisticated digital payment fraud, the need for reliable security systems is crucial. While digital transformation has brought many benefits, outdated payment systems...
The digitization of the B2B landscape is looking like an increasingly inevitable one. But in the near-term, the success of operational modernizations, including key B2B payment processes, could hinge on more than just technology — it may require a cultural change across all levels of...
Float Financial has raised 70 million Canadian dollars (about $49 million) in a Series B funding round to expand its business finance platform for Canadian businesses. Together with a credit facility of 50 million Canadian dollars (about $38 million) the company announced in February 2024,...
Innovation traditionally moves faster than regulation. Except, as it seems, when it sometimes comes to modernizing legacy banking and payments core infrastructure, where regulation can get the edge. As covered here, nearly three-quarters of banks (73%) remain unprepared for compliance with the ISO 20022 financial...
January 15, 2025
As cybercriminals target more businesses, accounts payable (AP) departments are more vulnerable to fraud. With more than 80% of U.S. companies affected by sophisticated digital payment fraud, the need for reliable security systems is crucial. While digital transformation has brought many benefits, outdated payment systems can leave organizations exposed to emerging threats. According to a […]
December 24, 2024
Many businesses rely on manual accounts payable and accounts receivable processes, which lead to slow, error-prone accounting that increases fraud risk. This can result in cash flow consequences, impacting both...
December 19, 2024
There are two sides to any commercial transaction. Within B2B, buyers and suppliers find one another and agree on terms, funds flow, and accounts payable and receivable departments interact. On...
December 13, 2024
No business wants to get paid slower. No one wants to park their financial operations with a larger company. And no one wants to pay more fees for banking and...
January 15, 2025
Cloud-based accounting software firm AccountsIQ acquired expense management software company ExpenseIn. “Both AccountsIQ and ExpenseIn have a shared vision for innovation and growth, and we’ve had an increasing number of joint customers in recent years,” AccountsIQ CEO Darren Cran said in a news release Wednesday (Jan. 15). “This acquisition bolsters our position as a leading […]
January 13, 2025
Float Financial has raised 70 million Canadian dollars (about $49 million) in a Series B funding round to expand its business finance platform for Canadian businesses. Together with a credit...
December 13, 2024
Accounting Seed, an accounting solution built on the Salesforce Platform, released three new guides designed to help businesses improve their data and automate their accounts receivable (AR) and accounts payable...
December 11, 2024
FISCAL Technologies and Proservartner have partnered to offer tools and consultancy services designed to help organizations reduce payment errors, supplier fraud and inefficiencies within procure-to-pay (P2P) processes. This collaboration brings...
