Remove Accounting Remove Accounts Payable Remove eCommerce Remove Reconciliations
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Building A B2B eCommerce Strategy From The ERP-Up

PYMNTS

The evolution of B2B eCommerce has historically been driven by the effort to bring a consumer-like experience a-la-Amazon into the corporate procurement world. Yet using the consumer eCommerce framework as the launchpad for digitizing B2B trade isn’t always going to suit enterprise needs. It’s not an unfounded strategy.

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AP Automation: The Three ā€˜Pā€™sā€™ Of Standing Out In The Crowd

PYMNTS

With B2B payments being an increasingly attractive target for innovators, the landscape is growing crowded as more banks and FinTechs roll out their accounts payable (AP) automation solutions. Again, noted Fordyce, this can take many forms ā€” from automating invoice reconciliation to addressing a user’s resource constraints.

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Visa Enables Spend Tracking On Amazon Business

PYMNTS

That includes line-item details, Visa said, with that data able to integrate into reconciliation tools. Visaā€™s collaboration with Amazon Business and our bank partners will ultimately help our commercial account holders in the U.S.

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Seller Platforms And Digital Marketplaces Define B2B Payments For 2021

PYMNTS

Accounts payable (AP) departments were no longer in the office to cut paper checks, and accounts receivable (AR) personnel were no longer in the office to receive them. That's especially true, he told PYMNTS , when it comes to capturing data from purchase orders and invoices to accelerate document processing and reconciliation.

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Taking B2B eCommerce Omnichannel

PYMNTS

According to Spear, every transaction between business partners must be integrated into each side’s back-office systems, and companies expect that suppliers will push out data that can be automatically collected and reconciled in accounting, ERP and other systems.

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