24 04, 2017

Safe and Fast Payments are Major Trends in B2C and B2B

2018-04-09T15:45:30-05:00April 24th, 2017|Apply Cash Easily, Blog, Get Paid Faster|

In my last post, I wrote about a PwC report entitled Blurred Lines that forecasts new market entrants and start-ups in financial services could attract more than $150 billion globally in investment during the next 3-5 years. As a result, all aspects of financial services will be disrupted. PwC says that new digital technologies are in the process of reshaping the value proposition of existing financial products and services. While the capacity of incumbents to assimilate innovative ideas should not be underestimated, the disruption of the financial sector is clearly underway. The report says that banks are adopting new solutions to improve and simplify operations. This fosters a move away from physical channels and towards digital/mobile delivery. Open development and software-as- a-service (SaaS) solutions have been central to giving banks the ability to streamline. The incorporation of APIs (application program interfaces) enables third parties to develop value-added solutions and features Read More

26 08, 2016

The Finance Department Is More Than A Cost Center

2018-04-09T15:47:24-05:00August 26th, 2016|Apply Cash Easily, Blog, Collect Smarter|

Four years ago the global CFO of Dun and Bradstreet issued a directive to his leadership team: “We need to change the perception, real or imagined, that finance is an impediment and barrier to sales growth, and we need to enable sales.” His team got the job done. Read More

21 07, 2016

Stop painful cash application with AR Automation

2018-04-09T15:47:30-05:00July 21st, 2016|Apply Cash Easily, Blog|

Cash application is the bane of existence for finance teams, especially those in the accounts receivable department who face this manual, error-prone, and time-consuming process firsthand. Read More

27 06, 2016

Metrics are a headache, but they don’t have to be.

2018-04-09T15:47:50-05:00June 27th, 2016|Apply Cash Easily, Blog, Gain Insight Into AR, Get Paid Faster|

Whenever quarter end rolls through, so does the dreaded metrics headache. Pulling data from multiple sources, managing various spreadsheets, correcting inaccurate data, and creating reports can be a nightmare, especially if you do not have all of your ducks in a row. The amount of time spent gathering  data makes teams reactive vs. proactive. Wouldn’t it be nice to use time spent on gathering data to analyze it and create actionable insight?   Read More

9 06, 2016

The “CFO” is Keeping your CFO up at Night

2018-04-09T15:49:20-05:00June 9th, 2016|Apply Cash Easily, Blog, Collect Smarter, Gain Insight Into AR|

We’re at mid-year mark for 2016. This is the time companies start reflecting on the last 6 months to see if the objectives they’ve set are on the right track. For the role of the CFO, this is very true as they are overseeing a sea change. With emerging digital technologies, CFOs are challenged to look past their traditional processes to increase productivity, efficiency and accuracy. What is the main objective they will be reflecting on? I like to call it the CFO – Cash Flow Objective (CFO) – this is what keeps your CFO up at night. According to a survey of 650 CFOs by Protiviti, CFO’s are seeking more precision and efficiency in cash forecasting, period-end close and reconciliation and consolidation activities. Protiviti highlights that, “cash forecasting represents one of the highest-ranked priorities, which may be indicative of the tepid economic recovery in many industries.” So, if cash flow and Read More