Businesses interested in expanding globally must not only juggle outgoing payments to vendors, but also cater to individual complex payment agreements. Legacy accounts payable (AP) systems, make that hard, Dan Miller, senior vice president at financial software provider Sage Intacct told PYMNTS. In the latest...
Cloud accounting firm Xero and payments services company Square are collaborating to offer small businesses a tool for faster invoicing and payments, according to reports on Tuesday (Feb. 11). Small and medium-sized businesses (SMBs) using Xero can email invoices with the built-in Square payment functionality....
Australian small business accounting company Reckon is shifting its competitive strategy against the industry’s top leaders, MYOB and Xero, reports in the Australian Financial Review said Tuesday (Feb. 12). Reckon, which was recently the target of a failed takeover effort by MYOB, has reportedly decided...
Small business (SMB) cloud solutions provider Sage is refocusing away from payroll as it divested its U.S. assets for $100.3 million, Reuters reported on Tuesday (Jan. 15). Sage’s payroll outsourcing unit in the U.S. posted a $1.28 million loss last year, reports noted. Human resources (HR)...
October 19, 2016
Cash flow forecasting technology was once only for the massive enterprise, with resources aplenty to invest in such tools and the internal expertise to understand the complexity of it all. But cash forecasting is democratizing to smaller companies thanks to incoming technology, said TreasuryXpress CEO Anis Rahal. He told PYMNTS how forecasting technology is evolving into an […]
September 20, 2016
Corporate money managers are evolving into strategic players within the enterprise, but this trend is often cited in reference to C-suite executives, like treasurers and CFOs. A new report from...
July 12, 2018
Small business accounting software provider Xero is linking users’ accounts to their BBVA Compass bank accounts via API, the company announced on Wednesday (July 11). Using BBVA’s open APIs, Xero lets small businesses and their accountants gain streamlined reconciliation capabilities while maintaining data security. The integration enables data from BBVA Compass accounts to stream into […]
September 07, 2017
Cross-border B2B payments company Veem is integrating with cloud accounting platform Xero. Veem announced Thursday (Sept. 7) that a partnership with Xero means joint corporate users will have access to global...
December 01, 2016
Small business cloud accounting company Sage Group has released promising figures from its fiscal year (FY) 2016 performance, and reports say the firm will continue to pursue growth via strategic...
October 26, 2015
UPDATE: In an email to PYMNTS, Xero Vice President of Global Communications Alice Chan said that Xero has not experienced a security breach, and clarified that any security concerns are...
