Supply Chain Management Fuels IoT Investment Boom

PYMNTS

A new study is predicting that Internet of Things (IoT) technologies will see a major boost in investment over the next five years, mostly due to projects in inventory and supply chain management. billion by 2023; and fleet management, which should hit $10.4

TRENDING: How Spend Management Keeps The Show Going On

PYMNTS

In the October Workforce Spend Management Tracker , PYMNTS looks at the way companies are using new solutions and technologies to give money and time back to everyone. This service provides companies with a more holistic way of managing employee travel through a dashboard.

Starbucks New Investor: Pershing Square Capital Management

PYMNTS

Pershing Square Capital Management, the activist hedge fund controlled by activist investor William Ackman, now has about a 1.1 Investments Investment News Pershing Square Capital Management Retail same store sales starbucks What's Hot

Fusion Pulls Suppliers Into Its Corporate Risk Management Software

PYMNTS

Fusion Risk Management is expanding its corporate risk management software offering by integrating new functionality into the tool, the company said in a press release on Monday (Sept. The solution automates data collection and analysis, and, according to CEO David Nolan, while customers are already using Fusion technology for third party risk management, the updates “extend their reach and provide significant process and efficiency advantages.”.

GEOBRIDGE KEES Descopes Enterprise IoT Key Management

PYMNTS

GEOBRIDGE KEES ( K ey E xchange & E scrow S ervice) is expanding its on demand services for HMS and key management. Independently validated and certified for PCI PIN, the KEES service supports organizations with all aspects of the full key management lifecycle, including distribution, storage, usage and more. The service addresses many of the unique challenges that key management teams face throughout the industry.

Inside Sales Management

MZ Bierly Consulting, Inc.

In the first of a two-part interview, Frank Casale, Regional Vice President for Rhode Island and Southeastern Massachusetts for TD Bank, discusses the challenge of recruiting and onboarding commercial Relationship Managers. It becomes crisis management rather than executing a plan.

Modern Management

Independent Banker

Communicating with management. While auditors need to remain independent and objective, they also need to maintain a relationship with management to create effective reports. General Highlighting Indie Banker Operations & Management New skills for today’s internal auditors.

Mitek Systems Rejects Offer From Elliott Management, ASG Technologies

PYMNTS

Mitek Systems , the financial technology provider to banks, is pushing back from a takeover offer from Elliott Management , the hedge fund and ASG Technologies , the software company. Partnerships / Acquisitions ASG Technologies Elliott Management M&A Mitek Systems News What's Hot

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Tech’s Greatest Impact: Money Management

PYMNTS

The report found that 21 percent believe technology’s greatest impact on their everyday life has been on how they manage money. According to Vijay Sankaran, chief information officer of TD Ameritrade, in a press release , “Technology is closely intertwined with how people manage their financial lives, and it’s fundamentally changing their expectations and behaviors.

IBM Sales Performance Management at Dreamforce 2018

Insights on Business

IBM Sales Performance Management Kiosk. Visit IBM Sales Performance Management experts, James Kvoriak, Paul Peters, and me, at the SPM Kiosk (kiosk #13). We can discuss the business value of IBM Compensation Management and provide product demonstrations.

How Spend Management Beefs Up Bottom Lines

PYMNTS

“Does your business want to improve its spend management?”. Few CFOs would say “no” if asked that question: Spend management is attractive to companies for obvious reasons, as even successful companies face margin pressures.

eBay Starts Managing Payments For Marketplace Platform In US

PYMNTS

25) that it has started managing payments on its Marketplace platform in the U.S. In a press release , the company said that earlier this year, it announced plans to intermediate or manage the payments flow on its platform, and that it has now started doing that. marks a significant milestone in our managed payments journey,” said Steve Fisher, senior vice president of payments at eBay. “In eBay announced on Tuesday (Sept.

Insurers Test Blockchain To Manage Provider Data

PYMNTS

insurance landscape said they’re launching a pilot program that will help boost the management of healthcare provider data. The firms, in announcing the pilot, said this week that physicians, information service providers, managed care organizations and health systems maintain separate copies of healthcare provider information. News Blockchain data management Healthcare Humana Innovation Insurance multiplan Optum Quest Diagnostics unitedhealthcare

Collaboration Spurs Treasury Management Innovation

PYMNTS

Patrick Moore , executive vice president and head of Capital One ‘s Treasury Management Product Management group, told PYMNTS that these collaborations offer the ability to integrate niche FinTech capabilities into Capital One’s broader range of services. Gem uses Ethereum distributed ledger technology to streamline the health care claims process and help health care providers manage their cash and get paid.

The Treasury Management System, Unbundled

PYMNTS

SMEs rarely have the funds to invest in sophisticated treasury management systems (TMS), says TreasuryXpress CEO Anis Rahal, part of that is because the TMSs available are hefty, chock-full of tools that not every company actually needs and force a business to spend time and resources on implementation efforts. you have thousands of companies with revenue of about $50,000 — only 10 percent are using treasury management systems,” the executive said.

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Microsoft, ADP Combine Business Management, HCM Data

PYMNTS

Microsoft and human resources management company ADP are partnering for a holistic business management solution that combines financial and human capital data analytics, the companies recently announced. Joint business customers of the solution can unify their payroll, HR, time management, tax and other HCM functions with their business management processes within Microsoft Dynamics 365 Business Central, with data automatically updated and unified across both platforms.

Portfolio Management

Independent Banker

During my 20-plus years of dealing with community bankers, either as an investment strategist, sales rep or business-development manager, I have come to understand that certain buzz words fall on deaf ears. Total Return. A combination of factors determine every bond’s ultimate performance.

Three Tips To Help Managers Understand Their Employees

PYMNTS

Have you ever worked for a manager who showed little enthusiasm for your personal interests, unique talents, and long-term career aspirations? Based on the statistics about employees quitting managers , the answer for many people to this question is likely to be a resounding “yes.”

Own Your Program Management, Own Your Destiny

PYMNTS

Being a program manager isn’t easy. If it’s not holding money or providing a payment network, the program manager does it: AML (anti-money laundering) compliance, KYC (Know Your Customer), fraud mitigation, marketing, privacy, document review, OFAC compliance, reporting and more. Perhaps that’s why companies like Cascade found themselves so frustrated working under a program manager.

Oracle Streamlines Corporate Bank Account Management

PYMNTS

The company announced Tuesday (July 24) that its Oracle Banking Virtual Account Management solution is now available to corporate banks. The tool provides virtual account management (VAM) — a non-physical account used by corporations to manage working capital. Banks using Oracle’s solution can use a virtual account identifier to manage different rules for each of its corporate clients, including unique payment routing rules based on what business customers need.

IBM OpenPages in the Leader’s quadrant of 2018 Gartner Magic Quadrant for Integrated Risk Management

Insights on Business

IBM OpenPages is again in the Leader’s quadrant of the new 2018 Gartner Magic Quadrant for Integrated Risk Management (IRM). In May 2018, IBM proudly accepted two distinguished RegTech Awards – for “Best AI Solution for Regulatory Compliance” and “Best Regulatory Alert Management Solution”.

APICS Forms Association For Supply Chain Management

PYMNTS

The American Production and Inventory Control Society (APICS) is forming a new nonprofit association, the Association for Supply Chain Management (ASCM). 1), APICS announced the formation of the ASCM as a unit to support supply chain management, innovation and progress in the industry. In an announcement made Monday (Oct.

Certify Broadens Expense Management With Captio Takeover

PYMNTS

Corporate travel and expense management firm Certify said in a press release Tuesday (Sept. The company secured an agreement to acquire Europe’s Captio , an expense management solutions provider, marking Certify’s first takeover outside of North America. Last year, Certify itself was acquired and combined with Nexonia, ExpenseWatch and Tallie, an effort by K1 Investment Management to strengthen the company against the industry’s current leader Concur.

IBM Sales Performance Management Summit: Putting SPM to work

Insights on Business

As market conditions and business requirements are constantly changing, IBM Sales Performance Management (SPM) continues to lead the industry with adaptive, scalable tools that are designed to drive efficient, agile solutions for your enterprise sales teams. Incentive compensation management.

UMB Boosts Expense Management With Fraedom Collab

PYMNTS

corporate expense management solutions provider Fraedom , which was recently acquired by Visa , will be providing its commercial card technology to U.S.-based Through their partnership , UMB will develop a suite of commercial card solutions for corporate customers that includes expense management and reporting, as well as a mobile app linked to the solutions. ” said Uma Wilson, UMB senior vice president and director of product management, in a statement.

PEX CEO: Why Gig Workers Need Spend Management Tools

PYMNTS

If you really know the music industry , you know that many tour managers and accountants are barely a half-step removed from the glory days of the abacus. PEX, founded by Grant in 2006, offers software-as-a-service workforce tools designed for businesses not typically served by enterprise SaaS spend management solutions. Having a corporately funded tool available takes a lot of risks and pain out of the mix for both the worker and the production management company.”.

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Spend Management Reaches For New — And Digital — Maturity

PYMNTS

Spend management ” is hardly the sexist buzzword in payments and commerce, but the practice is developing to a point where many of those headaches are being reduced — a process that can also lead to more revenue. New ways of managing spend and expenses is the focus of the latest PYMNTS “Beyond the Buzzword” podcast, this one featuring Karen Webster and Toffer Grant, CEO and founder of PEX. Spend Management Change. Spend Management Misconception.

Rounding Out SME Cash Management Offerings

PYMNTS

Just look at SAP Ariba , which integrated PrimeRevenue’s supply chain financing into its spend management platform, or Reckon , a small business accounting platform that recently rolled out an SME lending feature thanks to Prospa. The prepaid commercial card and expense management company announced an integration with eCapital to offer its SME clients the option to take out a loan straight from the PEX platform.

PeopleScout Launches Enhanced Supplier Management Program

PYMNTS

PeopleScout , a workforce solutions company, announced that it has officially launched its enhanced supplier management program, the PeopleScout Supplier Network. The new network combines a comprehensive evaluation tool with scorecard rankings, and a cost structure review with expanded analytics, to ensure managed service provider (MSP) clients receive the best supplier fit for their needs.

Samsung Considers Blockchain To Manage Supply Chain

PYMNTS

Samsung is reportedly looking into blockchain technology to manage its supply chain, reports in Bloomberg said on Monday (April 16). The technology conglomerate, which is the world’s largest smartphone and semiconductor maker, is exploring a blockchain-based ledger system to manage its international supply chain. Samsung SDS plans to manage 488,000 tons of air cargo and 1 million shipping units this year, reports said.

Inside Sales Management (Part 2)

MZ Bierly Consulting, Inc.

In the second part of our interview, Frank Casale, Regional Vice President for Rhode Island and Southeastern Massachusetts for TD Bank, discusses how he approaches managing a commercial sales team. (To Do they have a healthy working relationship with their sales manager and their fellow RMs?

Zions Bancorporation improves customer service with master data management

Insights on Business

To meet these demands, organizations are looking for a way to manage all aspects of their critical enterprise data, no matter what system or model, and deliver it to their application users in a single, trusted view. Learn more about master data management solutions.

Hedge Funds’ Money Management Snag

PYMNTS

Regulation is pounding down on hedge funds and other buy-side organizations, which are now pressured to move their cash — making treasury and cash management less transparent and less efficient. A wave of post-financial crisis regulation is changing the way hedge funds manage their cash. Basel III is only the start of regulatory impacts on hedge fund treasury management. Cash Management. ” But it’s also about enabling better cash management overall.

NEW REPORT: Bringing Spend Management Tools To The Workforce

PYMNTS

The brand-new Workforce Spend Management Tracker, a PYMNTS and PEX collaboration, covers the development of new workforce spend solutions and the ways they work to offer financial flexibility and transparency to both field-based workers and accounting departments.

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Coupa Taps Alexa For Added Spend Management Features

PYMNTS

Coupa has rolled out enhancements to its business spend management (BSM) solution, the firm revealed this week. The enterprise spend management company announced at its annual Inspire conference the addition of voice activation using Amazon Alexa to manage inventory, locate items, and reorder stock. B2B Payments Amazon Amazon Alexa artificial intelligence B2B corporate fraud Coupa News spend management What's Hot In B2B

Lessons In Global Supply Chain Management

PYMNTS

Cross Border Commerce Flywire Global Payments Architecture global supply chain manufacturers News suppliers supply chain management tariffs trade war What's HotIt’s widely accepted that a chain is only as strong as its weakest link – and based on the past few weeks, it appears some global supply chain links are in need of improvement. The escalating trade war between the U.S. and China is one of the most significant disruptions to the global supply chain.

Lyft Business Enhances Expense Management Support

PYMNTS

Ride-hailing app Lyft is continuing to target its business travel users through enhancements of expense management support. Lyft is also adding greater controls for managers, enabling them to require that employees choose such expense codes or add notes as part of a ride request so they can have additional information and data with employee trips. The company also integrated with corporate travel and expense management platforms, including Expensify, Chrome River and Concur.

Runzheimer Exits Expense Management Business

PYMNTS

Runzheimer International has decided to step away from the corporate expense management industry. The company is reportedly exiting the space in favor of offering its clients’ expense management solutions, integrated from partners like Concur Expense and Databasics. It is also unclear how many of Runzheimer’s clients currently use its expense management offering. Databasics, meanwhile, continues to augment its corporate expense management offerings.

Genesis Molds Treasury Management For The Crypto World

PYMNTS

He is also CEO of his new venture Genesis , a company formed to provide consulting and asset management services in the context of cryptocurrencies. Not only do the founders of projects raising funds via ICO rarely have a background in treasury management, but the nature of the current crypto ecosystem means these innovators need guidance, Siemer told PYMNTS in a recent interview.

WWS Business Analytics Management

Mobile Payments Today

WWS Business Analytics Management (WWS BAM) is the Data Analytics application module of the WWS software suite

Crowe Horwath: ‘Risk Sandboxes’ Bolster Innovation While Managing Compliance

PYMNTS

Some companies view risk management and compliance as roadblocks to innovation. In an interview with PYMNTS, John Epperson, principal, Crowe Horwath LLP , said for most firms, there is an avoidance of risk when it comes to risk management. Over time, there has been this tendency by risk management professionals to eliminate risk rather than manage it,” said Epperson. Innovation implies a break from the conventional ways of operating a business.

BleuPage Launches Business Management Suite For Solopreneurs

PYMNTS

Social media marketing company BleuPage is broadening its B2B services with the launch of a business management tool designed for the “solopreneur.”. The tool combines an array of services, including customer relationship management (CRM), accounting, expense management, document management, recordkeeping and more. With Bizggro, you won’t need any other software to manage your enterprise.”.

Accounts Receivable Management Firm Invoiced Partners With GoCardless

PYMNTS

Accounts receivable (AR) management solutions provider Invoiced has enhanced its platform through a partnership with U.K.-based B2B Payments accounts receivable AR management B2B direct debit eInvoicing GoCardless international invoice international payments invoice automation invoice management News What's Hot In B2Bbased GoCardless in an effort to streamline payment acceptance for business users.