Latest news with #AccountsReceivable
Globe and Mail
5 days ago
- Business
- Globe and Mail
IBN Technologies Leads Account Receivable Automation in New York's Evolving Collections Landscape
"Accounts Receivable Automation [USA]" Uncover how IBN Technologies is reshaping accounts receivable automation with AI-driven tools that boost efficiency and cash flow. Learn what finance leaders are doing to gain Early Payment Discounts, streamline collections, and align receivables with business strategy. Miami, Florida - 3 June, 2025 - In New York's financial landscape, businesses are adopting new technology to refine their receivables management. By integrating Accounts Receivable Automation into their workflows, companies gain better control over invoicing accuracy and payment tracking. These automated systems help reduce outstanding receivables and improve reporting consistency, which is essential in New York's fast-moving and highly regulated markets. Finance departments can now coordinate more effectively with sales and customer service teams to resolve issues swiftly and maintain liquidity. The growing use of AI and Automation in New York empowers finance teams to enhance decision-making with data-driven insights. These technologies enable early detection of potential payment delays and automate reminder communications to customers. In addition, AI and Automation streamline reconciliation and reporting, reducing the burden of manual processes. By leveraging these innovations, New York firms improve cash flow management and maintain agility in a complex business environment. Receive expert guidance on receivables automation. Reserve your free consultation: Audit Readiness Demands Precision Receivables operations in New York are under fresh evaluation as companies aim to boost financial velocity and maintain audit-readiness. Legacy systems often lack the depth required for high-volume billing and decentralized teams. A growing preference for Accounts Receivable Automation is emerging, driven by the need to unify receivables tracking and reduce labor-intensive reconciliation. Finance departments are identifying areas where disconnected tools result in unnecessary delays and imprecise reporting. Audit timelines impacted by fragmented records Variability in invoice tracking delays decision-making Real-time updates are often unavailable Payment forecasts suffer from outdated inputs Financial leaders call for workflow automation services Trusted providers like IBN Technologies support New York organizations with enterprise-ready automation services that streamline collections and reporting. By embedding AI and Automation into daily operations, finance teams gain predictive insights, stronger documentation, and better compliance alignment. These features, powered by AR automation, help businesses in New York maintain performance while improving operational precision. Receivables Innovation Gains Traction In New York's competitive finance landscape, CFOs are seeking tools that reduce cycle time. Shifting expectations from clients and internal stakeholders are prompting a closer look at receivables modernization. At the center of this movement is account receivable automation, providing the consistency and accuracy that high-volume operations now demand. Adoption continues to rise as companies reframe receivables as a measurable growth driver. • Invoices are auto-generated based on terms, contracts, and delivery confirmations without delay • Centralized payment portals give teams and clients consistent access to account activity in real time • Cash application processes connect directly to ledgers, reducing reconciliation backlogs and manual reporting • Scalable workflow automation services eliminate silos and align accounting functions with performance metrics • Visual performance dashboards support better risk assessments and faster financial adjustments. Firms like IBN Technologies offer finance leaders advanced automation tools that reflect the pace of today's market. Their integration of AI and automation helps deliver structure, speed, and clarity to receivables operations. 'With accounts receivable automation, finance departments can scale confidently and operate at peak precision.' — Ajay Mehta, CEO, IBN Technologies Experts Deliver AR Efficiency Across multiple sectors, companies report transformative results with customized accounts receivable automation solutions. These systems improve management of receivables, increase accuracy, and provide enhanced transparency into cash flow, driving better outcomes for finance operations. A leading healthcare organization in the U.S. successfully cut invoice handling times to four minutes per transaction, optimizing throughput in their receivables department. The integration of multi-channel invoice processing standardized data input and ensured reconciliation reliability, strengthening governance over receivables and financial reporting. Modernizing Receivables Management In New York's fast-paced financial ecosystem, modernization of receivables processes is a top priority. Companies are leveraging Accounts Receivable Automation to accelerate invoice processing and improve data accuracy, providing finance teams with timely, actionable information. This shift enables organizations to Optimize Accounts Receivable, improving cash flow management and reducing collection cycles. Integration with enterprise resource systems ensures real-time synchronization of financial data, promoting collaboration across departments. This comprehensive visibility enables faster decision-making and better anticipation of revenue streams. As compliance demands increase, enhanced automation will also play a key role in maintaining transparency and control. These developments are positioning New York firms to meet evolving market demands while driving operational excellence. Related Services: Intelligent Process Automation: About IBN Technologies IBN Technologies LLC, an outsourcing specialist with 25 years of experience, serves clients across the United States, United Kingdom, Middle East, and India. Renowned for its expertise in RPA, Intelligent process automation includes AP Automation services like P2P, Q2C, and Record-to-Report. IBN Technologies provides solutions compliant with ISO 9001:2015, 27001:2022, CMMI-5, and GDPR standards. The company has established itself as a leading provider of IT, KPO, and BPO outsourcing services in finance and accounting, including CPAs, hedge funds, alternative investments, banking, travel, human resources, and retail industries. It offers customized solutions that drive AR efficiency and growth. Media Contact Company Name: IBN Technologies LLC Contact Person: Pradip Email: Send Email Phone: +1 844-644-8440 Address: 66, West Flagler Street Suite 900 City: Miami State: Florida 33130 Country: United States Website:
Globe and Mail
5 days ago
- Business
- Globe and Mail
IBN Technologies Positions Account Receivable Automation as Strategic Pillar for U.S. Finance Teams
"Accounts Receivable Automation [USA]" Explore how IBN Technologies is driving accounts receivable automation across U.S. finance teams. Learn how businesses are improving processing accuracy, unlocking Early Payment Discounts, and gaining better cash flow visibility through smart, AI-powered automation strategies Miami, Florida - 3 June, 2025 - A notable transformation is underway in corporate finance departments across the United States, as organizations continue to formalize the requirement for Accounts Receivable Automation within their operational frameworks. The adoption of automation in receivables is gaining momentum, with companies increasingly embedding these systems into their financial structures to enhance accuracy, visibility, and responsiveness. The focus is shifting toward integrated platforms that support real-time tracking, consistent reporting, and streamlined processes across departments. Analysts observe that this movement reflects a broader commitment to precision and performance within modern finance teams. As implementation expands, businesses are leveraging technology to Optimize Accounts Receivable, supporting sustainable growth, faster decision-making, and improved financial continuity in today's evolving business environment. Discover smarter receivables management. Book a free consultation: Escalating Challenges Without Automation As financial operations grow in scale and complexity, concerns surrounding manual accounts receivable management are intensifying. The absence of advanced automation services amplifies inefficiencies, delays cash conversion cycles, and obscures critical financial data. These factors contribute to operational friction that impedes accurate cash flow management and hinders strategic decision-making. Prolonged processing times are impacting liquidity Increased potential for errors and data discrepancies Lack of real-time access to receivables status Elevated Days Sales Outstanding (DSO) metrics Fragmented workflows causing redundancies, underscoring the need for comprehensive workflow automation services Addressing these challenges requires engagement with specialized providers who possess deep expertise in accounts receivable process automation. Organizations such as IBN Technologies deliver advanced, customized solutions that enhance financial clarity and operational agility, enabling businesses to align receivables processes with evolving market demands. Advanced Solutions Shape Demand As enterprises navigate increasing complexities in managing receivables, there is a pronounced shift toward deploying sophisticated automation solutions. These technologies enhance operational efficiency, mitigate errors, and deliver financial insights customized to meet evolving organizational requirements. Adherence to accounts receivable automation best practices has emerged as a critical factor for optimizing process accuracy and control. • Automated invoice generation and expedited distribution • Real-time visibility into outstanding receivables • Integrated payment processing with automated reconciliation • Workflow automation services to streamline interdepartmental collaboration • Robust analytics and reporting frameworks enabling data-driven decision-making Successful deployment of these solutions often involves collaboration with specialized providers experienced in accounts receivable process automation. Partnering with such experts enables organizations to implement customized strategies that align technological capabilities with business objectives, thereby enhancing cash flow optimization and reinforcing financial governance. As more enterprises look to modernize their finance functions, leadership voices are emphasizing the strategic importance of intelligent automation: 'AI and automation are redefining how businesses manage receivables. Account receivable automation is now central to building faster, smarter finance operations.' — Ajay Mehta, CEO, IBN Technologies Proven Results in AR Automation Organizations across sectors are reporting significant improvements through customized accounts receivable automation solutions. By adopting advanced automation, companies are enhancing receivables management, boosting processing accuracy, and increasing visibility into cash flow, demonstrating the tangible operational benefits in finance functions. A U.S.-based healthcare provider notably reduced invoice processing times to just four minutes per transaction, driving substantial efficiency gains across its high-volume receivables operations. The deployment of multi-channel invoice ingestion standardized data capture and improved invoice reconciliation consistency, strengthening control over the receivables ledger and overall financial governance. Future Prospects of Accounts Receivable Automation The future of accounts receivable automation is being shaped by rapid advancements in AI and automation, redefining how finance functions operate and scale. Intelligent systems are expected to drive greater accuracy, speed, and foresight across receivables workflows—from dynamic invoice generation to predictive payment modeling. As integration deepens across enterprise platforms, finance teams will gain real-time visibility, enabling sharper decision-making and more agile cash flow management. With AI enhancing pattern recognition and automation accelerating transaction cycles, accounts receivable is poised to evolve into a strategic engine for business growth and financial resilience. Related Services: Intelligent Process Automation: About IBN Technologies IBN Technologies LLC, an outsourcing specialist with 25 years of experience, serves clients across the United States, United Kingdom, Middle East, and India. Renowned for its expertise in RPA, Intelligent process automation includes AP Automation services like P2P, Q2C, and Record-to-Report. IBN Technologies provides solutions compliant with ISO 9001:2015, 27001:2022, CMMI-5, and GDPR standards. The company has established itself as a leading provider of IT, KPO, and BPO outsourcing services in finance and accounting, including CPAs, hedge funds, alternative investments, banking, travel, human resources, and retail industries. It offers customized solutions that drive AR efficiency and growth. Media Contact Company Name: IBN Technologies LLC Contact Person: Pradip Email: Send Email Phone: +1 844-644-8440 Address: 66, West Flagler Street Suite 900 City: Miami State: Florida 33130 Country: United States Website:
Business Wire
5 days ago
- Business
- Business Wire
OatFi Raises $24M to Build the Modern Credit Network for B2B Payments
NEW YORK--(BUSINESS WIRE)--OatFi, the API-first fintech infrastructure company modernizing how B2B payments are financed, today announced it has raised a $24 million Series A led by White Star Capital, with continued participation from existing investors Portage and QED. OatFi solves one of the most fundamental pain points in B2B commerce: payment terms. By embedding its underwriting, origination, and funding capabilities directly into B2B payment platforms within their Accounts Payable (AP), Accounts Receivable (AR), and commercial charge card workflows, OatFi enables platforms to facilitate B2B transactions with built-in financing at the point where it's needed most. 'B2B payments are not just a money movement challenge—they're a data and workflow challenge,' comments Michael Barbosa, Co-founder & CEO of OatFi. 'That's why we've focused on deep API integrations that offer working capital solutions within the platforms that businesses already rely on to pay and get paid.' The company's API-first approach is purpose-built for integration into the existing workflows of AP/AR systems, issuer processors, and payment platforms. OatFi already counts leading infrastructure players like Unit, Transcard, and Galileo as partners, and has integrated with over 25 platforms over the past three years. In traditional B2B transactions, buyers and suppliers often operate on opposing cash flow incentives. Suppliers seek fast post-delivery payments to recover working capital, while buyers look to delay payments to preserve operating cash and liquidity. This fundamental misalignment has historically relied on outdated solutions like checks, or required suppliers to act as de facto lenders to their customers. OatFi solves this problem with a modern set of APIs that provides a seamless, behind-the-scenes credit layer that delivers the real-time underwriting, ledger and capital to facilitate these transactions. Through OatFi's APIs, parties on both sides of the transaction can operate on their terms without compromising working capital. 'Payment terms determine a business's cash flow conversion cycle—regardless of size,' Barbosa added. ' We're solving this problem where it matters most: at the point of invoicing and payment.' 'OatFi isn't a 'cherry on top' for B2B payment companies looking to unlock a new revenue stream,' said Eddie Lee, General Partner at White Star Capital. 'It delivers a table-stakes product that enables trusted B2B transactions in a world moving rapidly online. First-generation fintech lenders offering MCA products helped support merchants serving consumers. OatFi is helping platforms facilitate commerce between businesses, where the stakes—and the volumes—are even higher.' With this funding, OatFi will accelerate product development and integrations across AP, AR, and payments infrastructure providers – advancing its mission to build the modern credit network powering the $35 trillion in annual US B2B payments. About OatFi OatFi is building the modern credit network for B2B payments. Through API-first integrations with AP, AR, and commercial charge card platforms, OatFi enables financing at the point of transaction, solving payment term mismatches between businesses and facilitating more efficient business cash flow. For more information, visit
Yahoo
15-05-2025
- Business
- Yahoo
AI-powered Automation and Real-Time Payments Secure Quadient Leader Position in SPARK Matrix for Accounts Receivable
Quadient is recognized by QKS Group for its data-driven analytics, seamless integration with major ERP systems and scalable SaaS platform Quadient (Euronext Paris: QDT), a global automation platform powering secure and sustainable business connections, has been positioned as a Leader in the SPARK Matrix™: Accounts Receivable Applications, 2025. This marks the fourth consecutive year Quadient has been named as a leader in the report produced by the technology advisory and research firm QKS Group. Quadient believes this recognition is a testament to its continuing commitment to help businesses accelerate digital transformation, automate financial processes to increase business performance and create high-value customer interactions. Automation powered by artificial intelligence (AI) is transforming accounts receivable (AR) processes. The cloud-based Quadient AR solution leverages AI to automate the order-to-cash cycle, delivering a streamlined experience from credit to collections to cash application that creates effective customer interactions and accelerates cash flow. 'Quadient distinguishes itself in the global AR applications market with pioneering features such as cutting-edge AI and machine learning algorithms for exceptionally accurate and efficient remittance-to-invoice matching, comprehensive support for transitioning to emerging payment technologies like real-time payment processing, and strategic alliances with an expansive network of payment providers to craft a future-ready payment ecosystem,' said Hetansh Shah, analyst at QKS Group. 'Quadient's dedicated in-house digital transformation team, collaborating closely with top-tier payment providers, not only ensures a frictionless transition for clients' customers from traditional paper-based payments to secure, efficient electronic alternatives, but also drives continuous innovation and tailored support for clients' evolving payment landscapes.' Quadient AR is part of Quadient's global automation platform that encompasses accounts receivable, accounts payable, invoice presentment and e-invoicing solutions for the office of the CFO, as well as customer communications management, customer journey mapping and digital forms to deliver outstanding customer experiences. 'We are honored to be recognized as a Leader in the SPARK Matrix for AR Applications, and we believe it affirms Quadient's commitment to enabling businesses to automate processes, enhance customer engagement and integrate data seamlessly for cost-efficient growth and exceptional customer experiences,' said Chris Hartigan, chief solution officer, Digital, Quadient. 'We look forward to driving continued innovation and supporting businesses in leveraging AI-powered tools for cash flow forecasting, credit risk assessment and proactive collections with omnichannel communications.' For complimentary access to an abridged SPARK Matrix AR Applications 2024 report, visit: About Quadient®Quadient is a global automation platform powering secure and sustainable business connections through digital and physical channels. Quadient supports businesses of all sizes in their digital transformation and growth journey, unlocking operational efficiency and creating meaningful customer experiences. Listed in compartment B of Euronext Paris (QDT) and part of the CAC® Mid & Small and EnterNext® Tech 40 indices, Quadient shares are eligible for PEA-PME investing. For more information about Quadient, visit Media ContactsJoe Scolaro, QuadientGlobal Press Relations Manager+1 203-301-3673jscolaro@ Kiley Ribordy, Walker SandsSenior PR Directorquadientpr@ Attachment PR Quadient_Spark Matrix AR ENError in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
14-05-2025
- Business
- Yahoo
Nuvei enters cloud payments alliance with Quadient
Automation company Quadient has forged a technology alliance with Nuvei to help businesses improve their cloud payment capabilities. The collaboration integrates Nuvei's payment processing technology with Quadient's cloud-based Accounts Receivable (AR) and Accounts Payable (AP) automation solutions. This said to offer a secure platform for managing business-to-business (B2B) payments. Quadient's enhanced cloud-based platform, which facilitates AR and AP automation in multiple currencies and payment methods to businesses across North America, the UK, and Europe. The integration brings capabilities including customer onboarding, pay-ins and payouts, and risk management. Quadient's updated platform aims to assist businesses in navigating the complexities associated with cash flow management, standardising payment terms, and transitioning from traditional manual processes to streamlined, digital workflows. Quadient Digital chief solution officer Chris Hartigan said: 'We're excited to be able to offer our customers globally a solution that goes beyond just automating payments. We're empowering businesses to modernise and take control of their financial processes. 'With our cloud platform, we're helping businesses streamline workflows, gain deeper financial insights, and build stronger relationships with customers and suppliers, driving efficiency and sustainable growth to succeed in an increasingly digital and regulated marketplace.' Nuvei chair and CEO Philip Fayer said: 'Nuvei B2B technology partners, such as Quadient, provide customers with full-stack, enterprise-grade solutions that optimize payments and deliver a superior payment experience. By integrating our advanced payment processing technology into Quadient's cloud platform, we're enabling businesses to seamlessly manage transactions across multiple currencies and payment methods through a single, unified solution. We look forward to supporting Quadient as it empowers its customers with customised solutions to accelerate their growth.' In January , Nuvei acquired Paywiser Japan, including its licence from the Japanese Ministry of Economy, Trade and Industry. "Nuvei enters cloud payments alliance with Quadient " was originally created and published by Electronic Payments International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
