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B2B Tech Seeks To Connect Buyers And Suppliers Amid Market Volatility

PYMNTS

This week's roundup of the convergence of accounts payable (AP) and accounts receivable (AR) takes a look at how B2B payments solution providers are considering both buyers and suppliers as a result of the pandemic. PayMyTuition Meshes Education Vendor Management With AP. Paymerang Eyes The Supplier's Role In AP.

B2B 92
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How To Fix The B2B Payments In India

PYMNTS

And India, where PayMate is based and does business in the B2B space, is not, yet, an exception to that rule. There are sophisticated payment rails capable of moving money instantly, he noted, and when a buyer wants to pay a supplier that payment will route directly from one bank account to another. Building The Win-Win .

B2B 48
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QuickBooks Taps Amex For AP Financing

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American Express is a top player in the commercial card space but is perhaps best known in the B2B space as a provider of solutions for larger corporates. They added that combining QuickBooks ‘ accounting automation technology with a faster way to access financing can help solve these problems. Reports on Thursday (Oct.

Finance 74
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How Data Guides A New Era For The ERP

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The enterprise resource planning ( ERP ) system has been a staple of corporate finance operations for years, acting as a central repository of data and a hub to initiate a range of processes, from accounting to procurement. Efforts to modernize procurement and accounts payable are also opportunities for data integration with the ERP.

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SMB Lending And The ‘Pay-As-You-Go’ B2B Future

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Yantra Financial Technologies said earlier this week that it has enabled lenders to deliver funds in real time, using a business bank account known as BlastPay. Similarly, in B2B transactions, supply chain and vendor management becomes easier, and orders and payments can be done in an efficient manner.

B2B 41
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Asia-Pacific’s Anti-Cash Migration Spreads To Corporates

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Researchers forecast mobile payments to account for $1 trillion in transactions next year. Those drivers may support the rise in consumer mobile payments, but economic factors in the Asia-Pacific region have also opened doors for B2B mobile payments to gain traction, too. Earlier this month, MC Payment said it raised $3.5

B2B 65
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Why Corporate Banks’ Should Seize Purchase-To-Pay Data Opportunity

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Another major hurdle unique to the purchase-to-pay space is the process’s deep touch points with an array of other back-office functions within the enterprise, including vendor management, product sourcing, accounts payable, accounting, inventory management, contract management, manufacturing and distribution, and more.

Banking 52