The myth of month-end closes, blockchain inventory finance platform launches, and research finds late payment victims are late payers, too.
 

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

January 262018

       BUSINESS TO BUSINESS EDITION

Gig Economy

ADP: How Payments Power The Evolving Workforce

The lines between W2 and 1099 workforces are blurring as savvy businesses now view those employees as part of a talent pool — and not vendors to be managed by procurement. ADP president of value added services, Doug Politi, tells Karen Webster that HR managers need new tools to do that efficiently — and why a two-year look at the players in the space who helped do that led ADP to WorkMarket, the firm they acquired earlier this week.

 

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VC Investments

AltFin Proves Its Staying Power With Asian Investors

More than $150 million in venture capital bolstered the B2B FinTech market this week, and while investors made big steps into areas like human resources, fleet and artificial intelligence, it was an old favorite that saw the most, and largest, investment rounds: alternative lending. Once again, AltFin proves its staying power, especially across Asia.

 

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Accounting

Closing The Books Is Now A Lesson In Corporate FinTech Innovation

Corporate accounting is being forced to evolve, as service providers develop new tools for financial management, and as external forces — like Open Banking — present new opportunities to gather financial data. These shifts all promote progress, of course, but create new challenges for bookkeeping, especially when it comes to closing the books every month. Rob Feinstein, vice president of product at FloQast, tells PYMNTS why the close analytics software market must already be thinking about the next innovations in corporate finance and accounting in order to keep up.

 

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