PYMNTS

DECEMBER 18, 2018

Technology may be enabling automation in small business (SMB) accounting and financial management, but rather than cutting out the need for human accountants in the field, this tech disruption is supporting a change in the profession. This means that in the SMB FinServ space, there is a significant market opportunity to target the accountant.

Management 134

Management Fintech Tools Technology 134

PYMNTS

JUNE 1, 2020

As part of EY ’s international trade management services expansion, over 100 staffers from GTKonnect became a part of EY member firms in India and the United States. Barton continued, “We are excited to further expand EY global trade managed service offerings through this strategic transaction.”.

United States 131

United States Training Management Taxes 131

Abrigo

JULY 20, 2017

The products featured in the report include: · Credit Analysis. Relationship Manager. Electronic Tax Return Reader (ETRR). Stress Testing By automating business loan operations with the products listed, banks and credit unions are able to make good loans faster and minimize risk. Loan Administration. Loan Decisioning.

Software 150

Software Report United States Compliance 150

PYMNTS

APRIL 23, 2019

Financial management is mission-critical to the health and vitality of small business (SMB), but it’s also one of the most difficult tasks for entrepreneurs and business owners that may have the skills to launch new products or services, but lack the accounting expertise to handle the numbers.

Fintech 154

Fintech Taxes Capital Analysis 154

PYMNTS

FEBRUARY 8, 2019

Growth of FinTech funding seems unstoppable, with the latest analysis from Hampleton Partners finding enterprise financial services and integration, online financial services, enterprise financial software and Software-as-a-Service (SaaS) risk management as some of the hottest spots for investors this year. 2nd Address.

Fintech 188

Fintech Capital New York City Analysis 188

Abrigo

MARCH 13, 2024

Here’s how banks and credit unions with strong CRE risk management can identify weakening property loans, assess them, triage them, and assist with their prognosis and treatment. Beyond a hard money default due to a payment or maturity event, early warning signs for CRE loans typically manifest as a : Failure to pay real estate taxes.

Strategy 221

Strategy Course Meeting Taxes 221

Abrigo

FEBRUARY 10, 2021

“It’s important to know the long-term pros and cons, and the unintended consequences so that everyone walks away educated not only on what these opportunities bring, but also on what the impacts could be on the operation and long-term land values,” he says. Diversification through renewable energy. keep me informed.

Lending 195

Lending West Virginia Resources Operations 195

PYMNTS

AUGUST 9, 2019

GPS Capital Markets, founded by Al Manbeian and Ryan Gibbon, posts between $20 million and $30 million earnings before interest, taxes, depreciation and amortization (EBITDA), one source told the publication. Recent analysis from Kyriba revealed that U.S. corporates lost a combined $23.39

Capital 108

Capital Marketing Utah Taxes 108

Abrigo

NOVEMBER 13, 2023

However, in a recent poll, 47% of banks reported that they require annual review for all loans above a certain threshold, while 54% of banks perform a full-blown analysis—as if underwriting new money—during an annual review. Perform documentation in a centralized operations function so controls are in place to generate exceptions.

Analysis 195

Analysis Lending System Survey 195

Abrigo

JUNE 9, 2016

Accounting, audit and tax services are unlikely to be the growth engines of the accounting profession in the coming years. The weeks and months following the end of tax and audit seasons represent an excellent time for firm leaders to take stock of their accounting practices and the services clients may need.

Exercises 150

Exercises Taxes Training Risk Management 150

Jeff For Banks

JUNE 10, 2022

Mark Lynch, Retired Partner, Wellington Management. He was also a portfolio manager of mutual funds, hedge funds, and institutional portfolios focused on the banking sector over that period. Deutsch: Very hard to say just one thing, so I guess it's management. Schutz: Strong management with plenty of skin in the game.

Conference 78

Conference Taxes Strategy Community Bank 78

PYMNTS

MAY 29, 2019

The firms revealed plans to pool their resources and industry expertise to broaden small business lending operations and add equipment financing to the BitX Funding platform. Pelagic operates as a direct lender as well as a collaborator with dealers to help small businesses obtain non-bank equipment financing. ”

Capital 128

Capital Lending Taxes Analysis 128

PYMNTS

SEPTEMBER 6, 2019

landed on the board, too, as alternative lending, small business banking, back-office financial management and accounts receivable technology enticed backers. Challenger bank Yelo, operating in India, raised an undisclosed sum from Matrix Partners India, Omidyar Network, Flourish VC and Better Capital, Inc 42 reports said this week.

Fintech 155

Fintech Capital Lending Operations 155

Abrigo

JANUARY 6, 2017

The thing about databases is they’re siloed and they’re generally centralized, and they’re owned and managed by someone who has unilateral editorial rights. Similarly, automating more of what is put into client accounting systems (such as expense reports), can pave the way for use of more sophisticated technologies for analysis.

Trends 218

Trends blockchain Taxes Survey 218

PYMNTS

NOVEMBER 11, 2019

lender HSBC made progress in the launch of its digital banking platform for small businesses, Kinetic, which is now operating in beta phase, Reuters reported on Monday (Nov. The Kinetic tool was developed by about 150 of HSBC’s London staff. where the FI’s losses were greatest.

Digital Banking 105

Digital Banking Taxes Analytics Analysis 105

Abrigo

SEPTEMBER 26, 2017

Other technology, such as customer relationship management (CRM) solutions, such as Salesforce, make it easier to manage engagements, track action items and market new services to existing clients. All of these efficiency gains stemming from communication can help the practice operate more efficiently and grow.

Technology 150

Technology eBook Taxes Meeting 150

Abrigo

DECEMBER 30, 2016

Even if you are among the many people who fear public speaking more than they fear death, chances are that you will be required to present financials to clients or managers at some point in the coming year. Furthermore, sub-par financial presentations can actually lower your perceived value by clients or managers.

Data 170

Data Taxes Analysis Examples 170

PYMNTS

JUNE 23, 2017

Ant Financial, the financial arm of Alibaba specializing in wealth management, nearly doubled its profit during its 2017 fiscal year in part because of its mobile payments feature. Ant Financial operates Alipay, the popular mobile payments service in China.

Mobile 115

Mobile Taxes Analysis Payments 115

Abrigo

NOVEMBER 7, 2019

Cost-benefit analysis: What is the FASB’s process, and how much of that information is public? Some CECL critics have called upon FASB to undertake a cost-benefit analysis of CECL to address and better understand the financial implications of the standard. Usually, a problem is either brought to us, or we identify a problem.

Community Bank 150

Community Bank Community Lending Analysis 150

PYMNTS

MARCH 14, 2019

Corporate treasurers are increasingly concerned about a complex regulatory environment, according to the latest analysis from Strategic Treasurer and TD Bank. Unfortunately, the report found, recent tax reform in the U.S. Most also said payments management is the most time-consuming process, followed by cash forecasting.

Fraud 115

Fraud Survey Taxes Regulation 115

PYMNTS

NOVEMBER 19, 2019

The compliance burden of a legal marijuana business having to manage regulations that vary by state, and between the state and federal level, has created a banking conundrum for a market forced to rely heavily on cash. The current regulatory landscape means not all FIs will be comfortable servicing this industry.

Company 109

Company Compliance Payments Taxes 109

Abrigo

FEBRUARY 27, 2020

They are routinely experiencing processes that add costs, delay turnaround times, and can lead to inconsistency in pricing and risk management. Abrigo’s 2020 Business Lending Readiness Survey found many bankers are dealing with processes that stymie those efforts.

Lending 243

Lending Survey Data System 243

PYMNTS

APRIL 19, 2019

However, Steven Jones, business development manager of U.K. payroll processing company Payescape , said this area of the back office may have a larger influence on how accountants operate than some may believe. A business growth manager. A finance director. A virtual CFO.” In the U.K., In the U.K.,

Innovation 154

Innovation Compliance Technology Resources 154

PYMNTS

NOVEMBER 6, 2018

Taxes, minimum wage, global trade tariffs — there are a lot of regulatory changes weighing heavily on the minds of U.S. Mordis pointed to CVS’s acquisition of pharmacy benefits manager Caremark in 2006, while just last month CVS received approval from the U.S. small business owners.

Capital 130

Capital Iowa Management Community 130

TrustBank

APRIL 26, 2021

The Washington Long-Term Care Program is the nation's first public state-operated long term care insurance program. percent payroll tax on all employee wages, beginning January 1, 2022. Is There a Cap on the Amount of Wages That Are Taxed? Which Employees Are Subject to Tax/Premium Collections? 04, will be funded by a 0.58

Washington 64

Washington Taxes Idaho Oregon 64

PYMNTS

SEPTEMBER 6, 2017

In a survey of treasurers across more than 200 companies in various parts of the globe, Deloitte found that the corporate treasurer continues to be positioned as a risk-management function of organizations: 97 percent said that the treasurers’ role in liquidity risk management is important. Technology Tripping Up Treasury.

Risk Management 108

Risk Management Survey Management System 108

PYMNTS

JANUARY 17, 2019

As innovative technologies move down stream, small and medium-sized businesses are poised to benefit significantly from being able to customize a flexible payroll and human capital management (HCM) program. Employees and a shifting talent landscape have introduced the demand for payroll flexibility. ” In the U.S.,

Capital 173

Capital Tools Survey Management 173

PYMNTS

NOVEMBER 2, 2018

After Halloween comes the lucrative holiday shopping season — sorry, Thanksgiving, but you’re only a speed bump — but there are serious questions about how happy the fourth quarter will be for some big eCommerce operators. Management says that the warehouse infrastructure is in excellent shape for the holidays.”. retail websites.

Apple 130

Apple Retail Maine United States 130

PYMNTS

JANUARY 23, 2017

New research from the realms of supply chain management, financial services and SMEs uncovers how businesses today are approaching risk mitigation and which threats are instilling the most fear. 40% more cyberbreaches impacted U.S. businesses in 2016 than the year prior, found CyberScout.

Survey 100

Survey Taxes Groups Analysis 100

PYMNTS

JUNE 2, 2016

APEX Analytix , which focuses on supply chain management and optimizing the use of working capital, late last month announced the newest release of its FirstStrike SmartVM, which is software geared toward sourcing, scrubbing and simultaneously cleaning data that flows across corporate clients’ transoms about their suppliers.

Data 100

Data Analytics Fraud Taxes 100

PYMNTS

JANUARY 24, 2020

Small businesses are notoriously not that strategic about looking at cash flow, whether managing receivables or payment terms, or making sure they don’t have outstanding balances,” Woloszczuk said. In other cases, he’s witnessed SMBs failing to pay their taxes because they’re in such a financial bind, ultimately forcing them to shut down.

Survey 130

Survey System Capital Management 130

PYMNTS

MARCH 30, 2018

Its platform provides proprietary cyber-risk analysis technology to corporate customers. Focussing on home-service businesses like residential plumbing and electrical companies, ServiceTitan offers workflow and field service management solutions. Chertoff Capital made a “significant” equity investment in the round, the company said.

US 116

US Capital California San Francisco 116

PYMNTS

DECEMBER 12, 2019

“The hotel industry is very segmented, and it has a ton of systems utilized between central platforms that a hotel sits on to property management systems, as well as ways people are booking the travel.” The Business Travel Impact. Apple Pay and PayPal, for example, are growing in popularity with bookers in markets around Asia.

Payments 136

Payments Cards Industry Marketing 136

PYMNTS

MAY 25, 2016

Today, it is able to manage key business partner relationships, cash flow and financial data, and AP technology provides a deeper level of visibility into these areas than ever before, said the VP. operate with fewer than 500 employees; more than 85 percent are running with fewer than even 20 workers.

Big Data 117

Big Data Data Operations Analytics 117

Independent Banker

FEBRUARY 24, 2016

Greg Steverson (left) successfully manages a $100 million institutional investment portfolio for Ledyard National Bank in Norwich, Vt. Mikella Newsom (middle) successfully manages a $325 million institutional investment portfolio for City Bank in Lubbock, Texas. Investment principles of top bank portfolio managers.

Community Bank 70

Community Bank Community Texas Management 70

PYMNTS

MARCH 2, 2018

The latest analysis from Accenture finds new evidence that investors have been acting on their B2B interest for some time. and India drove a surge in FinTech venture capital funding in 2017, and Accenture Financial Services Senior Managing Director Julian Skan pointed to the B2B business model as a significant presence in this trend.

Fintech 118

Fintech Capital blockchain Lending 118

TrustBank

DECEMBER 8, 2022

According to the Bureau of Economic Analysis (BEA) US personal saving declined to an anemic 2.3% The BEA calculates the personal saving rate by subtracting taxes from personal income to arrive at “disposable personal income” and then subtracts personal outlays. in October. What’s left is an estimate of personal savings.

US 52

US Policies Taxes Washington 52