Chaser, a leading accounts receivable (AR) platform, has officially integrated with Sage 200, a widely used enterprise resource management (ERP) software. This strategic partnership aims to streamline AR management, reduce late payments, and automate credit control processes for businesses. Tackling the Late Payment Crisis The burden of late payments continues to plague businesses, causing cash flow disruptions and financial instability. Many companies struggle with inefficient manual invoicing and credit management, leading to lost revenue and delayed growth. Chaser’s integration with Sage 200 eliminates these challenges by offering automated invoice tracking, payment reminders, and debtor management. Boosting Efficiency and Cash Flow …
Author: Your TechCFO
HSBC recently announced a significant restructuring of its investment strategy, focusing on Asia and the Middle East. The bank is winding down its equity businesses and M&A activities in Europe and the Americas. Instead, resources are being reallocated to regions with higher growth potential, leaving many wondering what this means for their portfolios. Why the Shift? Experts suggest that the decision boils down to financial performance and market dynamics. Max Stamakun, CFA and portfolio manager at Israilov Financial, highlighted key factors behind the pivot. “HSBC’s Western investment banking division contributes only about 6% to its net operating income. Add to…
Boost Payment Solutions, a global leader in B2B payments has made waves in 2024 with a remarkable 148% increase in processed transactions compared to the previous year. This exponential growth reflects the company’s commitment to driving innovation and efficiency in corporate payments. Dean M. Leavitt, Founder and CEO of Boost, highlighted the company’s vision: “Our focus on delivering advanced solutions like Boost 100XB and promoting strategic collaborations, such as our partnership with American Express, is transforming the way businesses handle payments globally.” Key Milestones from 2024 Transaction Volume Growth Boost processed 8.8 million transactions in 2024, accompanied by a staggering…
Onyx CenterSource, a global leader in B2B payments and business intelligence for the hospitality industry, has just revealed its latest breakthrough- the OnyxInsights platform. Designed to empower hotels and travel agencies with advanced analytics and actionable insights, this platform promises to optimize operations, enhance revenue streams, and streamline decision-making processes. What’s in It for the Hospitality Industry? The OnyxInsights platform combines stay and booking data into comprehensive, interactive dashboards. These tools allow businesses to track commission payment processes, increase funded transactions, and benchmark daily rates against industry standards. Scott Gutz, CEO of Onyx CenterSource, highlighted the platform’s potential: “Hospitality professionals…
Jump, a leading provider of AI-driven tools for financial advisors, has raised $20 million in new funding to accelerate its mission to revolutionize the financial industry. This investment reflects a growing demand for AI-powered solutions that enhance the client and advisor experience. A Game-Changer for Financial Advisors Jump’s AI assistant is designed to seamlessly integrate into the daily workflow of financial professionals, helping them automate tasks such as meeting prep, notetaking, compliance documentation, CRM updates, and client follow-ups. The company’s AI technology also integrates with popular platforms like Zoom, Teams, Salesforce, and Redtail, ensuring that advisors can work more efficiently…
Financial Planning and Analysis (FP&A) is a critical function within organizations, enabling them to make informed decisions based on financial data. However, various challenges can hinder the effectiveness of FP&A processes. This blog explores the common challenges in financial planning and analysis, including financial forecasting, budget management, risk assessment, and cash flow analysis. Understanding these challenges is essential for organizations aiming to enhance their financial performance and strategic planning. Understanding Financial Planning and Analysis FP&A involves the processes of budgeting, forecasting, and analyzing an organization’s financial performance. It provides insights that guide strategic decision-making and helps organizations allocate resources effectively.…
As businesses support an uncertain 2025, corporate leaders are focused on one key goal, cost management. In an era of economic challenges, shifting regulations, and geopolitical tensions, executives are shifting their strategy towards tightening the purse strings while still aiming to grow. Survey Insights: A Global Focus on Cost Control According to Boston Consulting Group’s (BCG) annual survey, nearly one-third of C-suite executives, spanning industries and regions, are making cost management their top priority heading into 2025. This marks the third consecutive year management has topped the agenda, outpacing other objectives like growth or revenue management. A notable 40% of…
The financial sector is undergoing a dramatic shift, by the rise of automation, artificial intelligence (AI), and innovative FinTech solutions. B2B companies are no longer just looking to stay afloat, they’re diving headfirst into new technologies to stay ahead. CFOs and treasurers are moving quickly to implement predictive tools that promise to revolutionize liquidity management, forecasting, and operational efficiency. AI-Powered Finance: Reshaping Back Office Operations CFOs are recognizing the vast potential of AI to automate traditional finance functions. From accounts payable (AP) to treasury management, AI is transforming the finance back office. Manual processes are slowing down crucial decision-making, but…
As we move into 2025, the financial planning and analysis (FP&A) landscape is evolving rapidly, driven by technological advancements, changing regulations, and shifting market dynamics. Understanding these trends is crucial for organizations aiming to stay competitive and make informed decisions. In this blog, we’ll explore the top five trends shaping FP&A in 2025, focusing on portfolio strategy, retirement contributions, yield strategies, tax planning, and financial planning checklists. Understanding Financial Planning and Analysis Financial planning and analysis (FP&A) encompasses processes that organizations use to forecast future financial performance, analyze historical data, and support strategic decision-making. Key components include budgeting, forecasting, variance…
Capchase, a rising star in the B2B payments space, has seen explosive growth in 2024 with its innovative solution, Capchase Pay. Designed specifically for software buyers, Capchase Pay has grown its adoption rate by a staggering 800%. This surge highlights a broader trend: B2B buyers are increasingly turning to Buy Now, Pay Later (BNPL) solutions to streamline their purchases and manage cash flow. Capchase Pay’s Growing Popularity Among Software Buyers In recent months, Capchase Pay has been selected as Stripe’s B2B BNPL payment method for the US, a key milestone that underscores its impact in the market. Software buyers, particularly…