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Oct 4, 2024 | 
accountex.co.uk | Sarah-Jayne Martin
This year, the global supply chain landscape has experienced unprecedented disruption, driven by geopolitical tensions, economic instability, and environmental challenges. Research from Ivalua reveals that 60% of organisations say that supply chains are more fragile than ever. As businesses navigate this turbulent environment, maintaining robust and resilient relationships with suppliers has become critical.
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Aug 21, 2024 | 
businessage.com | Sarah-Jayne Martin
Despite the UK entering a recession in late 2023, there is now reason for optimism. that a combination of rising consumer activity and falling inflation will support modest growth for the remainder of this year and into 2025.
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Aug 6, 2024 | 
msn.com | Sarah-Jayne Martin
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Aug 6, 2024 | 
techradar.com | Sarah-Jayne Martin
(Image credit: Shutterstock/Andrey_Popov)Invoice fraud, a menace that’s been casting a long shadow in the corporate corridors, has found renewed vigor in the age of digital transactions. In fact, research shows that invoice payment fraud rose 137.5% in 2023. Accounts Payable (AP) teams are more likely to encounter invoice fraud compared to other departments because they regularly deal with a high volume of transactions.
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Jul 25, 2024 | 
accountingtoday.com | Sarah-Jayne Martin
The B2B payment landscape has undergone several significant shifts in recent years,with a clear trend toward digital payments and automation. Many B2B transactions that once relied on paper checks or manual processing are moving toward electronic methods such as ACH transfers, virtual cards and electronic funds transfers. This shift is driven by the desire for efficiency, cost reduction and faster transaction processing times.
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Apr 24, 2024 | 
businessage.com | Sarah-Jayne Martin
Balancing the desire to grow amid fears of economic downturnOver the past year there’s been one word on everyone’s lips – recession. But up until recently, this impending economic downturn hasn’t been quite as dramatic as expected. While the UK has just entered a recession, the Bank of England has said that it might be over before we know it as there are now “distinct signs of an upturn”.
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Apr 16, 2024 | 
accountingtoday.com | Sarah-Jayne Martin
Forward-thinking organizations and strategic CFOs are always on the hunt for ways to improve cash flow and optimize the finance function. According to a recent Gartner survey, four out of the five top priorities for CFOs in 2023 involved bringing about significant strategic change within the finance function, particularly via new technology and data. These same savvy CFOs also realize the power of the accounts receivable function to future-proof the business.
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Mar 5, 2024 | 
documentmedia.com | Sarah-Jayne Martin
Customer communications surrounding accounts receivable (AR), particularly those regarding overdue payments and the initiation of collections, are among the trickiest to craft given the critical balance of clarity, urgency and compassion. However, AR communications are also some of the most frequent and consistent messages sent to customers, making AR an integral piece of your company’s customer communications portfolio.
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Feb 6, 2024 | 
finextra.com | Tim Loo |Sarah-Jayne Martin |Chirag Karnik |Lydia Coyle
A significant shift is occurring in the demographic landscape, presenting unique challenges and opening new avenues for innovation, particularly in financial services. This demographic transformation is not just a trend, but a catalyst for rethinking and
reshaping financial products and services.
As we have seen with increasing life expectancies and ageing populations, financial regulation and industry solutions have had to adapt to cater to longer lifespans and changing retirement expectations.
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Feb 1, 2024 | 
finextra.com | Ketharaman Swaminathan |Guy Melamed |Boris Bialek |Sarah-Jayne Martin
Amid data led business innovation agenda dominating capital markets, financial market infrastructure (FMI) firms remain exploring strategies to transform their traditional business avatar – a standalone industry utility hosting parts of trade processing. Led by the ideas of an open and assimilative business model thriving on ecosystem harnessed capabilities, they strive to exploit innovation opportunities in wider contexts of the investment value chains.
