PYMNTS

NOVEMBER 2, 2020

APS Payments , which works in omnichannel B2B payments, is integrating tech with enterprise resource planning (ERP) product Sage X3 to allow for quick and secure payments, according to a press release. With APS ClickToPay, companies can have customer invoices paid directly to accounts receivable.

B2B 74

B2B Reconciliations Invoicing Currencies 74

PYMNTS

JANUARY 13, 2021

The paper check, the paper invoice, slow accounts receivable (AR) processes and collecting on aging receivables can be difficult for even the most seasoned AR professionals. Shields noted that accurately predicting anticipated invoice payment dates can have ripple effects throughout an organization. “No The problems are analog.

Accounting 94

Accounting Invoicing B2B Treasury 94

PYMNTS

DECEMBER 2, 2020

There’s an imbalance in B2B payments — between buyers and suppliers, and between automation on one side of the cash flow equation and manual, paper-based processes on the other. Aquilina said that’s partly because historically, B2B payments innovation efforts — especially via FinTechs — have focused on buyers.

B2B 79

B2B Invoicing Accounts Payable Reconciliations 79

PYMNTS

MARCH 2, 2020

Late payments are a reflection of a broader challenge in B2B payments: Large corporate buyers can wield their market power with small suppliers that lack leverage to negotiate faster payment terms. But late payments aren’t the only symptom of unequal B2B relationships. In the context of late payments in the U.K. revealed. .’s

Reconciliations 57

Reconciliations Invoicing B2B Manufacturing 57

PYMNTS

FEBRUARY 19, 2018

Travel booking company Webjet , based in Australia, has launched a blockchain solution for the hotel industry to manage reconciliation in hotel distribution. According to Webjet, the company tested the solution in-house with its own B2B partners before rolling it out to market.

Reconciliations 43

Reconciliations B2B Accounts Payable Invoicing 43

PYMNTS

DECEMBER 28, 2020

While 2020 has been a monumental year for B2B payments digitization and innovation, plenty of friction still exists in the way corporate buyers pay their suppliers. A variety of B2B payment tools have stepped up their efforts to address this friction. The Rise Of BNPL.

B2B 81

B2B Invoicing B2C Reconciliations 81

PYMNTS

JANUARY 5, 2017

Technology firm Ricoh is jumping into B2B payments with a new service aimed at digitizing accounts receivable processes. Ricoh Canada revealed this week the launch of its eInvoice Presentment & Payment Service, a solution to help businesses provide electronic invoices to clients and accept payment.

Invoicing 40

Invoicing B2B Accounts Payable Reconciliations 40

PYMNTS

JANUARY 30, 2020

These 16-digit credit card numbers are created for one-time purchases at set amounts, and the convenience, security and speed they provide are allowing them to take hold in the B2B payments space. The following Deep Dive explores how virtual cards benefit B2B payments, especially among smaller firms, which have limited resources.

B2B 71

B2B Invoicing Accounts Payable Reconciliations 71

PYMNTS

FEBRUARY 1, 2021

It’s not that automating invoice generation, banishing checks, automating the cash application process and systematically removing all the manual touches from accounts payable (AP) and accounts receivable (AR) workflows weren’t unknown concepts among chief financial officers (CFOs) and treasury departments at the time. “The

B2B 94

B2B Treasury Accounts Payable Cash Management 94

PYMNTS

NOVEMBER 10, 2020

Today In B2B, U.K. challenger bank Tide runs dry of SMB loan funds, while Payer launches an ID verification service for B2B eCommerce platforms. Plus, Just Cashflow collaborates with Railsbank, and HashCash streamlines its B2B payments offering. The yet-to-be-named product will be tested with several B2B merchants.

B2B 75

B2B Banking Reconciliations Planning 75

PYMNTS

JULY 10, 2019

Some of the biggest industry trends, including faster payments, open banking and bank-FinTech collaboration, have found their ways into the Canadian market, the B2B payments space is not immune to disruption from these shifts. According to Lansdowne-Higgins, among the biggest challenges in accounts payable today is the data silos.

B2B 62

B2B Accounts Payable Mergers and Acquisitions (M&A) Reconciliations 62

PYMNTS

JULY 28, 2020

Although the enterprise continues to accelerate its digitization efforts, chief financial officers keep hitting roadblocks when it comes to modernizing workflows regarding accounts payable (AP) and embracing electronic payments. Strengthening B2B Ties. Expanding The Scope. Monetizing The Virtual Card.

B2B 70

B2B Reconciliations Accounts Payable Prioritization 70

PYMNTS

OCTOBER 20, 2020

Accounts payable and payments automation solution MineralTree has added automated PO and invoice matching for cloud-based accounting and financial management platform Sage Intacct , a press release says. Trintech made the program for its Adra Suite and it became available via the Sage Intacct Marketplace.

Invoicing 52

Invoicing Accounts Payable Reconciliations Healthcare 52

PYMNTS

AUGUST 2, 2018

Accounts receivable (AR) management solutions provider Invoiced has enhanced its platform through a partnership with U.K.-based The company announced in a press release Wednesday (August 1) that its collaboration with GoCardless enables businesses to support direct debit payments when they invoice their customers.

Invoicing 40

Invoicing Accounting Reconciliations Currencies 40

PYMNTS

JANUARY 30, 2020

Billtrust , an accounts receivable (AR) automation and B2B order-to-cash solution company, has announced that it’s partnered with Corporate Spending Innovations (CSI) and integrated it into Billtrust’s Business Payments Network (BPN), to help customers automate the delivery of payments to suppliers around the network, according to a release. .

B2B 60

B2B Reconciliations Invoicing Accounting 60

PYMNTS

OCTOBER 1, 2020

In the build versus buy debate, particularly within B2B and payments modernization, for at least some companies, the decision rests squarely on the side of “buy.”. The news came against a backdrop where other announcements and activities have illuminated the attractiveness of B2B FinTech as an investment space.

B2B 56

B2B Invoicing Practice Management Reconciliations 56

PYMNTS

OCTOBER 14, 2020

And he noted, too, that the “verticalization” of B2B is upon us. Deploying the right solutions hearkens back to the “jobs to be done” theory of innovation noted by Webster during an earlier B2B webinar. Accounts payable and receivable used to be concrete, separate operations. B2B Verticalization.

B2B 97

B2B Accounts Payable Reconciliations Economics 97

PYMNTS

NOVEMBER 26, 2019

Accounts payable (AP) automation is beneficial, and even necessary, for many businesses still bogged down by paper. Part of that journey includes a focus on vendors’ accounts receivable (AR) challenges, which is crucial to finding success with newly-implemented AP tools. Billtrust Broadens Business Payments Network.

Accounting 64

Accounting Accounts Payable B2B Reconciliations 64

PYMNTS

DECEMBER 11, 2019

For years, any attention given to solving B2B payments friction was typically focused on the payer. Yet, as innovators have chip away at friction points, they have recognized the value of incorporating a supplier’s accounts receivable (AR) experience into their solutions. “The person receiving it is just happy to get paid.”

B2B 53

B2B Accounts Payable Invoicing Currencies 53

PYMNTS

MARCH 6, 2020

A lull in venture capital funding has only a few B2B FinTechs this week securing new investment rounds. In the meantime, PYMNTS gathered up a shortlist of the B2B FinTechs that were able to secure new funding as backers prepare for their next wave of support. The plan is now open for public comment, reports said. Mailprotector.

B2B 80

B2B Startups Nonprofit Reconciliations 80

PYMNTS

AUGUST 8, 2019

The competition is heating up between payment technologies in accounts payable, with ACH and virtual cards seeing significant pushes in the B2B payments space to combat the dreaded paper check. There has been a surge in B2B payments technologies in recent years in an effort to pull businesses, especially smaller firms, off of paper.

Accounts Payable 57

Accounts Payable Accounting B2B Reconciliations 57

PYMNTS

OCTOBER 5, 2020

In the wake of the pandemic, B2B payments have had to evolve. Yet there’s a wide gulf between considering the great shift to digital B2B payments and actually making the leap. Comdata, she said, has mimicked the flow from claims to invoice to payment to reconciliation.

Healthcare 130

Healthcare B2B Reconciliations Accounts Payable 130

PYMNTS

DECEMBER 17, 2018

New analysis from corporate payments firm Bill.com suggests ACH payments are dominating the accounts payable department. Bill.com researchers found that other digital B2B payment rails are on the rise, too, including 3 percent of respondents who said they are using virtual cards more often than they did last year to pay their bills.

B2B 63

B2B Accounts Payable Invoicing Reconciliations 63

PYMNTS

SEPTEMBER 17, 2019

Instead, taking a look at the latest solutions to emerge on the market shows various applications for speed in commercial transactions, from faster deposits for small businesses, to virtual cards enabling faster invoice payments for suppliers. Chase Accelerates SMB Bank Deposits. Marie Aloisi in a statement.

Accounts Payable 43

Accounts Payable B2B Accounting Invoicing 43

PYMNTS

JANUARY 19, 2021

For B2B payments , the pandemic may be the final nail in the coffin of the paper check — and the plastic commercial card, too. Those pain points center around cash flow, manual processes (where employees match invoice and payment data), and the management of suppliers.

B2B 93

B2B Invoicing Reconciliations Treasury 93

PYMNTS

MAY 1, 2020

Yet in B2B payments, with transaction values often in the thousands or tens of thousands of dollars, the current landscape for global cryptocurrency payment services isn’t always an affordable alternative, according to Gilded Chief Operating Officer Neal Roche. The Benefits To AR. “Companies need to offer their clients choice.”

Currencies 68

Currencies Accounting B2B Reconciliations 68

PYMNTS

JUNE 11, 2020

While optimizing back-office functions like accounts payable and accounts receivable can support enhanced cash-flow management, B2B partnership collaboration is also critical to supporting the financial health of an organization. Xero, Transferwise Team For SMB Cash Flow. AscendantFX Eases Payment Instruction Hurdles.

B2B 52

B2B Accounts Payable Cash Flow Forecasting Reconciliations 52

PYMNTS

JULY 16, 2020

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.

B2B 59

B2B eCommerce B2C Accounts Payable 59

PYMNTS

JULY 3, 2019

Cost containment solution provider Palmarius Advisors is rolling out an accounts payable (AP) automation solution designed to generate revenue and enhance spend control for corporate users. The company did not reveal details on how it mitigates accounts payable fraud or introduces business users to a new revenue stream with its tool.

Accounts Payable 40

Accounts Payable Accounting Invoicing Reconciliations 40

PYMNTS

MARCH 27, 2019

Accounts payable (AP) automation company Tipalti is expanding its reach into the market by partnering with three new B2B companies, which will extend Tipalti’s solutions to their own customers. The enhanced integration aims to strengthen control and communication for both ends of the transaction.

B2B 46

B2B Accounts Payable Reconciliations Cash Management 46

PYMNTS

DECEMBER 12, 2019

There is as yet no Venmo or Zelle for the $38 trillion global business-to-business (B2B) payments sector. That’s surprising for several reasons, and here’s a good one: nearly 70 percent of accounts payable (AP) professionals say suppliers value payments speed above all. Out with the Old.

B2B 52

B2B Accounts Payable Reconciliations Healthcare 52

PYMNTS

NOVEMBER 4, 2019

B2B payments are anything but instant in the U.S., where a collective $3 trillion is tied up in businesses’ outstanding accounts receivable (AR). One major culprit slowing repayment may be the large share of B2B payments conducted through checks – 42 percent, according to a recent survey. . Virtual Terminals and AI .

Technology 40

Technology Accounting Invoicing B2B 40

PYMNTS

DECEMBER 15, 2020

Considering the complexities of B2B transactions , cash is not a sustainable method of moving funds from a retail buyer to a cannabis brand distributor or wholesaler. But there are other pain points in B2B payments for the legal cannabis market, according to Doug Gordon , executive vice president and head of LeafLink Financial.

B2B 111

B2B Accounts Payable Startups Invoicing 111

PYMNTS

SEPTEMBER 23, 2019

Corporates have growing expectations for faster, more efficient and more secure B2B payments — whether their money is moving from one business unit to another or one country to another. As financial institutions gather for this year’s Sibos conference kicking off in London today (Sept. Payments Speed and Security.

B2B 49

B2B Banking Accounts Payable Corporate Finance 49

PYMNTS

JULY 8, 2020

Before Autobooks, First Bank would recommend quality accounting software to clients, but clients often found it cumbersome to download transactions and work with financial information, according to the release. Jon Moen , director of Product at First Bank, said the bank is still committed to working with smaller firms.

Banking 64

Banking B2B Reconciliations Invoicing 64

PYMNTS

FEBRUARY 28, 2020

As B2B FinTech firms continue working to break down silos, and ease the numerous friction points of the B2B payments process for both buyer and seller, the opportunities for data integration are vast. “This combination increases data accuracy, and shortens payment cycles.” Going Further With Open Banking.

Accounts Payable 83

Accounts Payable Banking Invoicing B2B 83

PYMNTS

FEBRUARY 4, 2020

Once reserved for only the largest and most sophisticated firms, automated enterprise resource planning (ERP) and accounting platforms are now accessible for even the smallest of businesses, and data from those systems is the new currency of operational efficiency. A Reconciliation Headache. According to Dean M.

Reconciliations 61

Reconciliations B2B Invoicing Accounting 61