Thomson Reuters is making moves to ease friction in the corporate buying space. The company announced Friday (Dec. 11) that it would be working with Eze Software in an effort to optimize the workflow of corporate buyers and procurement officials. Ultimately, the companies said, the...
As the U.S. Treasury continues with its inquiry into the rise of the alternative lending and online loan marketplace industry, mainly by seeking out information from its main players, state-level authorities have taken their own action to probe the sector. The Wall Street Journal reported...
Crunching numbers isn’t exactly “fun” for everyone. But after the tedious tallying and the monotonous math, data can uncover previously unreachable information. For businesses, data is entirely changing the game. New research from the Institute of Management Accountants (IMA) and the Association of Chartered Certified...
Consumers in the developed world tend to think of their financial systems as complex, particularly as compared to the developing world. And while that is not an entirely incorrect perception, it might just be a little bit skewed. When it comes time to pay in...
A firm’s liquidity and risk are as strong only as its ability to manage its cash and other holdings in real time. Here’s why treasury management systems are becoming important to companies of all sizes, according to Reval.
You’ve got to spend money to make money. It’s a universal truth that is perhaps never more accurate than it is during the holidays, especially for small businesses. When orders rise, so does the cost of fulfilling those orders and keeping a company running. According...
New legislation aimed at making payments to government suppliers and vendors more accurate and secure has just taken a significant step forward. Reports published Wednesday (Dec. 9) by Federal News Radio said the House of Representatives has passed the Federal Improper Payments Coordination Act of...
KPMG wants to overhaul the financial supply chain between businesses and has chosen a partner to help do so. An announcement issued Thursday (Dec. 10) said the financial advisory company is working with finance supply chain firm Taulia to collaborate on a solution that helps...
Citi has launched a first-of-its-kind B2B payments venture in the Asia-Pacific region, according to reports published Wednesday (Dec. 9). The bank is partnering with Visa and digital payments firm Invapay to introduce a commercial card program in Australia, built specifically for one of its clients,...
