Corporate cash inflows and outflows present ample opportunity for friction and disruption — and, as a result, ample opportunity for innovation. As evolutionary forces in the financial services space, like faster payments and Open Banking, take a closer look at how to disrupt the business...
Corporate payments innovation tends to stick with the obvious transactions: payments to suppliers, business partners, employees and the like. It’s all about money flowing outside of the corporation. But a new research report from Deloitte says there is another kind of transaction that’s tripping up...
There is another threat to corporations involving their accounting processes, and it comes from within the enterprise. New research from Deloitte says that, on top of accounting risks from firms doing business with third parties, like customers and suppliers, inter-company accounting can also bring additional...
September 13, 2023
BlackLine, a cloud finance software company, has begun the rollout of its artificial intelligence (AI)-enabled intercompany accounting capabilities. This new solution, known as Intercompany Predictive Guidance, aims to prevent transaction failures, reduce resource consumption and enhance efficiency throughout the entire transaction lifecycle, the company said in a Tuesday (Sept. 12) press release. Intercompany transactions can be […]