Payments has been undergoing significant changes with new payment rails, faster payment and settlement and additional challenges to validate and secure payments. This session will provide an outlook on payments for 2022 and will provide an outlook on various hot items.
Organizations across industries seek to build infrastructural resistance to payment errors and fraud. Although remote work has enabled companies to carry on business, they've also compelled criminals to upgrade their tactics and keep up their attacks.
Over the past few years, AP Fraud has become one of the most common types of fraud that organizations face. Finance departments are being targeted as accounts payable is often one of the remaining manual processes, leaving it more vulnerable to internal and external threats. Even with security features in place, identifying risk and red flags has become increasingly difficult.
In today’s business environment, chemical manufacturers and distributors are compelled to seek new solutions that enable efficiency and growth. By leaving the manual process behind and investing in a digital payment solution, AP teams can transform their finance departments from cost-centers to revenue-contributors.
Every business faces problems, and the back office is sometimes the last area to be updated. Embracing the advantages of digital B2B payments allows businesses of all sizes and industries to improve many aspects of their AP process, providing compelling reasons to shift away from paper.
Growth is good for any company—but it isn’t always easy to scale up when it comes to payments. Digital B2B payments enable businesses of all sizes and sectors to optimize their AP process by driving paper out while boosting efficiency.
Innovating organizations understand that accounts payable deserves a seat at the table with Treasury and other senior leaders in Finance. It’s no secret the Accounts Payable department is often seen as a cost center by Treasury. Treasurers are focused on minimizing cash risk and maximizing cash returns, and paying vendors is not top of mind. But what if instead of being seen as a drain on cash, Accounts Payable was a strategic tool to help organizations (and treasurers) manage their cashflow better?
Maslow's Hierarchy of Needs, a common psychological theory, describes basic needs that must be met before an individual is able to achieve self-actualization. It's possible a similar theory can be applied to business. But should automation be considered an end goal, or a basic necessity?
Let us be the first to say: you’re not alone if you’ve never heard of the term "tech stack" before. Some of us have heard the term used for departments like sales and marketing, but never for accounting. Today we’re going to talk about what an accounting tech stack is.
Fintech in Focus talked to Mark Frey, President of Cambridge Global Payments, a FLEETCOR company. We explored the impact of cross-border payments and currency risk management within the COVID-era economy, and discussed topics like payment rails, fraud mitigation, APIs, and more.
Today's CFO is expected to be highly strategic. But does that always have to mean they must undertake Transformation with a capital "T?"
AP experts Deborah Richardson and Mark Penserini share their insights on AP’s fiscal pain-points across industries, and how automated payments have changed the game.
Streamlining and digitizing your entire AP payment process eliminates the check signing bottle neck. Learn from construction payment experts on how Viewpoint ePayments can transform your AP department into a profit center.