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If you've ever experienced the panic of opening an operating cash flow or bank account and realising you might miss your payroll, then chances are, you understand the importance of accurate and timely cash reporting.

If you are an operator or are responsible for Finance in a startup or a scaleup that has recently secured funding, your primary concern is likely not running out of cash. Instead, you're focused on putting it to good use in the most efficient way possible.

Two of the most pressing challenges that scaling businesses must overcome are inefficient processes and time management. As a business scales, what were once minor inconveniences become magnified, having a ripple effect across the whole business

The payment industry is changing quickly in light of PSD3. And while a definite timeline for PSD3 is yet to be announced, one thigh is clear - it will shake things up once again. Read on to learn more what PSD3 means for you and what operational challenges it brings along.  

The term bank reconciliation is the process of comparing and verifying bank records with a company’s record of transactions (also called a journal entry). Some refer to this as the financial close process.

For many businesses, H2H connectivity is the key to automating their treasury and financial operations. It allows to exchange financial data with banks in real time, making it easier to manage liquidity, monitor cash flows, and make informed financial decisions.

Our Payments automation module automates your payment instructions directly from Payable. We connect with your bank and ERPs so you can easily automate vendor payments without building and maintaining complex integrations.

Bank connectivity keeps the money moving and lets companies pay their bills, get paid, and do all their financial tasks more efficiently. We’ll break down and compare four common bank connectivity options: Host-to-Host, EBICS, APIs, and Open Banking.

Hi, I’m Boris, I was doing my final year of high school this summer when I joined Payable as a Software Engineering Intern building an ROI calculator for their website.

Reconciliation has always been a headache for finance teams. It is essential to track your expected payments and bills for effective cash flow management and planning - working out which vendor you need to pay and when.

As businesses scale, it becomes more difficult for teams to communicate and collaborate effectively. They use separate systems, processes and software that creates data silos across the business.

Treasury management is more critical than ever in a constantly evolving business landscape. Especially after the global pandemic, companies are exploring ways in which they can better equip back-office teams to navigate financial uncertainty and gain competitive advantage.

Payflow scaled finance function with Payable automating 40% of manual tasks and unlocking 30% of working capital with automated reconciliation.

I joined Payable after I had worked at a fintech TrueLayer, that had grown to scale, and as part of that journey, I learned some lessons I vowed to bring with me on my new adventure.

Unfortunately, relying on Xero to automate month-end close will be a challenge, but not all is lost, as there are other ways that make Xero work harder for finance teams.

We are excited to announce our new integration with NetSuite, which will revolutionise the way finance teams manage their financial operations.

When a business receives payments from customers or clients, they need to ensure that each payment can be correctly identified and associated with the specific invoice or record it corresponds to. The reconciliation match rate indicates how well a company is able to achieve this accurate matching.

You can now integrate Xero with Payable and fully automate your reconciliation process from start to end. Save hours (even days!) when preparing financial statements and closing books each month.

Efficient cash management involves optimising the use of available funds, maintaining adequate liquidity, and making informed decisions to ensure a healthy financial position.

We are excited to introduce Payable Integrations - the essential connecting layer between bank transactions and finance tools.

If your business was banking with SVB UK you need to prepare for transitioning to HSBC Innovation Banking. We have summarised the latest guidance from HSBC Innovation Banking and what to keep in mind as you navigate the process.

Bank reconciliation just got easier! Payable provides intelligent reconciliation for finance teams with automated matching, reporting and clever workflows for conflict resolution.

Accounts receivable, or A/R for short, is the core pillar of financial management, ensuring that businesses can navigate their liquidity and cash flow. Inefficient accounts receivable management can often become a significant bottleneck for businesses ability to scale.

Last month we celebrated our 1st anniversary since launching Payable, which made us reflect on our journey, why we started Payable and what the future holds.

You can add all your banking partners to Payable and have real-time cash visibility across all your currencies. Instantly know exactly who has paid you what with automated reconciliation. Track all your customer and supplier account balances in real-time.

In the last post, we explored banking APIs and how bank connectivity is key for a company to successfully scale. As corporate banking customer, there are a few different API types that will 10X your operations as a payments or treasury team. Here we will deep dive into what they are and how they will benefit your business. Payment Initiation API You want to pay your customers, suppliers and users in the most efficient way, but before leveraging a banking API payment operators often depend on

It is a recurring question for any company scaling or expanding; to solve a problem should I buy some software or build it in house? It is a tough question that requires deliberation.

Bank connectivity in treasury terms refers to the ability of an organisation to connect and interact with its banking partners. This can include accessing bank account balances and transaction data in real-time, plus initiating and tracking payouts.

Finding Product Market Fit Companies form to solve a customer problem. Whether that is to innovate how loan finance happens or to disrupt the retail investing landscape. The primary focus of these startups is to prove they have Product Market Fit (PMF) early, rather than to engineer the optimal backend operation systems. Manual processes are frequent and acceptable, as the focus on the small engineering teams is to build what the customers directly interact with. After all, without customers u

Payment Operations is the process of tracking, reconciling, and moving money across your business. Today, this actually happens through spreadsheets, bank files, and legacy protocols like SFTP. 0:00 /2:37 1× When a company reaches a certain level of complexity, payment operations becomes a pain point. The company requires multiple bank accounts and multiple payment providers across different geographies. Let me walk you through why that's happening -

Business-to-business lending has become a lot more exciting in the past few years, moving from one-size-fits-all to being tailored to what businesses really need. For daily operations we’ve seen the proliferation of Buy Now Pay Later and embedded finance options at checkouts, which give businesses the freedom to control their cash flow and make one off purchases without going into their overdraft. For companies considering the next stage of growth, revenue based financing allows businesses to

APIs are the key ingredient in scaling a technology company's engineers and clients. A developer friendly API can help engineering teams benefit from each other’s work without ever needing to schedule a meeting.

Preface Let me start by admitting that as an Engineer, I’m not much of a writer. In fact, I have never written a blog post or published an article in my life, but we all have to start somewhere. I hope this post is interesting and informative, but if nothing else, I hope it will help readers avoid the mistakes I made when faced with similar crossroads in their careers. Depending on the reception and reader interest, I’d like for this to be the first in a series of articles documenting the steps

We've raised $6.1M to build a payment operations platform so companies stop using EBICs, bank files and spreadsheets to move and reconcile money. 💡With Payable, you can connect your banks and automate payments from initiation to reconciliation with a single API and dashboard. About a year ago, Raz and I sat down with the treasury and payment operations team at Checkout.com to understand what it would take us to launch the new marketplace solution. We realised that tech companies depend on cl

Hey! I am Raz, and this post is a part of a series of posts to share my experience and journey with other engineers considering either joining an early-stage start-up or aspiring to reach the role of a CTO. Over the last couple of years, I worked for a great company in a well-paid job with fantastic career progression, from hands-on responsibilities to management. I never thought I would seek something else, especially taking such a massive risk later in my career. After so many years in the i

Companies expend huge amounts of effort and money building payment operations. Today, treasury and finance teams have to become quite large to manage their payments. This is not just a problem for traditional organisations - we’ve heard this is happening everywhere from listed companies to start-ups. They are using a tangled web of spreadsheets to track and make payments. That’s insane. Look, there are 8k+ Payment Operations Jobs just in the UK, and 80 added every week. Trillions of dollars t