PYMNTS

SEPTEMBER 14, 2020

But B2B eCommerce is not the same beast as B2C. The core difference between B2B and B2C is that in B2B, the individual researching and buying has a job to do,” King said. It's a small but fundamental difference in mindset between B2C and B2B digital transformation.". It is their job. The payments experience is part of that.

B2B 107

B2B B2C Manufacturing eCommerce 107

Jedox Finance

JANUARY 13, 2023

Learning B2C practices. Learning B2C practices. 2 B2C selling, also known as direct selling, acclimated to a digital or omnichannel sales environment far before B2B selling, so the creativity in using new tools, technologies, and channels to engage and nurture customers are tactics that B2B teams can learn and emulate.

Sales 98

Sales B2C Forecasting B2B 98

PYMNTS

JULY 10, 2017

B2B payments startup PayStand announced new funding last week, but the investment is notable for more than one reason. When announcing the launch of the fund, LEAP also said it has already placed its first investments. One is in Listo, a B2C company providing financial services to underserved Latinos in the U.S.

Startups 40

Startups B2B Investments B2C 40

PYMNTS

JANUARY 17, 2017

Investing in chatbots could be the trendiest thing a company can do this month. The company decided to not only invest in them but use them to build out its bot portfolio in order to keep its competitive streak up. In case you’re keeping count, Slack has now invested in 25 bots in 13 months.

Investments 47

Investments B2C Communication Banking 47

Bramasol

JANUARY 18, 2024

On one hand, the proven nature of SaaS has paved the way for widespread acceptance across both B2B and B2C markets. With roots going back to the late 1990s, Software-as-a-Service is one of the most mature subscription-based models around. However, not all of these elements are required for every implementation.

Compliance 74

Compliance SAP General Ledger B2C 74

PYMNTS

JANUARY 15, 2021

Reports in e27 said MAA Group provided the investment, which microLEAP plans to use for marketing, new staff hires and technological enhancements. million investment round, which it said it will use to expand its team and expand its product. Sequoia Capital India led the Series A investment, TechCrunch reported. Modern Treasury.

B2B 67

B2B Finance Treasury B2C 67

PYMNTS

DECEMBER 30, 2020

Highlighting the increasing interest in this startup space is this week's B2B venture capital roundup, which recaps the final two weeks of 2020 in B2B FinTech investments. In addition to global expansion, the company said it plans to invest in its own infrastructure, reports said. million investment, Tech.eu Brightpearl.

B2B 84

B2B eCommerce Banking Accounts Payable 84

PYMNTS

JULY 24, 2018

“When we look at P2P on the domestic front, for example, what we see is that it has taken off because people want to be able to have the money put right [into] their bank account,” Frew explained. They aren’t looking for an extra step where they have to take cash and go make a deposit to get it into their bank account where it is safe.”.

B2C 89

B2C Banking Securities Accounting 89

PYMNTS

DECEMBER 16, 2019

However, B2B payments are not the same as B2C, largely thanks to high transaction sizes and volumes, as well as expanding fraud risks. Traditionally, accountants and their SMBs have to access separate platforms, be it other payment or online banking portals, to initiate payment.

Compliance 81

Compliance B2B B2C Prioritization 81

PYMNTS

OCTOBER 28, 2019

This new set of APIs offers users a way to “integrate their financial institutions, accounting and enterprise resource planning ( ERP ) systems and their account on GlobalPay,” according to the release. Domestic and cross-border payments are supported in over 130 currencies.

Foreign Exchange 51

Foreign Exchange B2C Currencies B2B 51

PYMNTS

JANUARY 11, 2021

While the trend of corporate treasurers seeking ways to enhance the global visibility of bank accounts and payment flows was clearly there well before the pandemic, said Georgakopoulos, what changed was a sense of urgency from clients to move to a digital environment with a renewed focus on guiding their organizations through the volatility.

Treasury 79

Treasury B2C Prioritization Healthcare 79

PYMNTS

JUNE 8, 2018

trillion in online sales — about 235 percent more than B2C’s current sales volume. However, in true B2B form, the industry lags behind its B2C cousin in terms of technological advancement. Twice the size, but years behind: That’s the B2B eCommerce market in a nutshell, compared to B2C. alone will reach $1.2

B2C 55

B2C Finance B2B eCommerce 55

PYMNTS

FEBRUARY 6, 2019

Coverage includes Deposit Solutions ’ rollout of business-to-consumer (B2C) open banking channel Savedo in Switzerland. Yooz launched an automated accounts payable (AP) solution based on the cloud for the U.K. Yooz launched an automated accounts payable (AP) solution based on the cloud for the U.K. In the U.K. ,

B2C 43

B2C Retail Accounts Payable Invoicing 43

PYMNTS

MARCH 5, 2019

Those receivables, an asset to the business, are only an asset when they become cash in that SMB’s bank account. As much as 24 percent of monthly revenues for SMBs are tied up in accounts receivable or trade credit, which stymies cash flow. “It trillion within two years, and will account for 13 percent of all U.S.-focused

B2C 63

B2C B2B Concentration Credit Risk 63

PYMNTS

JANUARY 17, 2020

Accounts payable (AP) automation technology has hit the ground running, with solutions designed to accelerate invoice processing, optimize payment strategies and promote digital adoption. “We talked with more than 100 small business owners across industries, and almost none used an accounts payable automation solution,” he said.

B2B 61

B2B Accounts Payable Invoicing B2C 61

PYMNTS

AUGUST 10, 2020

Credit and debit card payments accounted for 75.3 Direct deposit is the most popular among consumers at 47 percent, with PayPal, Venmo and Zelle — all of which take little to no effort from customers to receive payments — collectively accounting for 27 percent. Less than 25 percent obtained account fees or interest fees.

Banking 89

Banking B2C Accounting Investments 89

PYMNTS

FEBRUARY 15, 2019

The largest round of the week went to OakNorth , but other significant investments landed at supply chain management, corporate accounting and small business finance players, totaling more than $821 million in total VC funding. Reports did not indicate exactly how Open Financial plans to use the investment. Starling Bank.

Banking 49

Banking B2C B2B Investments 49

PYMNTS

MARCH 10, 2020

And I think there’s a short list of investments that financial institutions want to make, to position them to grow their digitally engaged customers and members.”. But to offer the ability to quickly send and receive funds between bank accounts in the U.S., Streamlining the Onboarding Process. Building Trust .

B2C 92

B2C Education Data Analysis Risk Management 92

PYMNTS

APRIL 5, 2017

While B2C companies have historically been leaders in customer experience innovation with the help of large investments in talent and technology, B2B companies are starting to understand how critical it is for them to follow suit. The features of the Digital Commerce Cloud for B2B offering include: Corporate account management.

B2B 55

B2B B2C Manufacturing Leverage 55

PYMNTS

FEBRUARY 24, 2020

Unlike simpler more streamlined business-to-consumer (B2C) purchasing, B2B sellers still ship goods or extend services on the promise of being paid later on an unspecified date, usually months. For B2B companies to achieve long-term growth, investing in the technology that allows them to be more flexible with payment methods is imperative.”.

B2B 73

B2B eCommerce Accounts Payable B2C 73

PYMNTS

JUNE 20, 2019

This isn’t merely an issue for the B2C world, however. In accounts payable and accounts receivable, rising fraud mitigation efforts may also lead to more false positives, leading to declined commercial card transactions, misplaced suspicion between buyers and suppliers, delays in invoice processing and more.

B2B 73

B2B Accounts Payable Invoicing B2C 73

PYMNTS

DECEMBER 3, 2019

The magnitude of the market is attractive even to B2C FinTechs, though the industry has quickly understood that B2B problems cannot be addressed with tools and technologies designed for consumer. And indeed, some businesses in need of cross-border payment solutions have been forced to revert to those B2C solutions, with lackluster results.

B2B 53

B2B B2C Currencies Valuation 53

PYMNTS

AUGUST 24, 2018

The big B2B venture capital news of the week was Augmentum Fintech’s trio of investments, signaling the company’s focus on the B2B FinTech market — but it wasn’t the only firm targeting this startup space. Following, PYMNTS breaks down the latest investment rounds of the sector. Consero Global. In all, Previse raised $6.8

B2B 40

B2B Finance Accounts Payable B2C 40

PYMNTS

JANUARY 20, 2020

Whether companies are business-to-business (B2B) or business-to-consumer (B2C), it is a big deal to add a new method of payment. They might have very manual processes for dealing with end-of-the-day accounting procedures (i.e., Amazon, too, has invested a tremendous amount in its payments stack. reconciliation).

Reconciliations 58

Reconciliations B2C Risk Management B2B 58

PYMNTS

FEBRUARY 16, 2018

Sands Capital Ventures led the investment, which NepFin recently told PYMNTS’ Karen Webster will go toward expanding its origination team and investing in its underlying technology and data capabilities. Accounts Payable Automation. Northzone and Conor Venture Partners led the investment found, reports said. eInvoicing.

B2B 49

B2B Accounts Payable B2C Invoicing 49

PYMNTS

MAY 26, 2017

Accounts receivable company Billtrust landed major bucks, while a cross-border payments startup stayed mum about its own investment. Take a look at the investment breakdown below. Accounts Receivable. An unnamed source first broke the news of the investment, reportedly placed via a “bottoms-up fill.” Blockchain.

B2B 49

B2B B2C Investments Healthcare 49

PYMNTS

JUNE 8, 2020

Despite its efficiencies, there is no one-size-fits-all option, and organizations must consider the individual nuances of their own business and industry to determine whether third-party solutions will ultimately provide the highest return on investments (ROI). ”

B2B 63

B2B Accounts Payable Currencies B2C 63

PYMNTS

FEBRUARY 21, 2020

B2C trends are bleeding into the B2B space and forcing corporate sellers to become digitally savvy — and fast. More than $1 trillion is expected to be spent on cybersecurity solutions worldwide between 2017 and 2021 as companies address the need for protections and make major investments in digital fraud-fighting techniques.

B2B 61

B2B eCommerce B2C Securities 61

PYMNTS

APRIL 2, 2020

It’s what they’ve always done, and it works with their accounting system.”. The price and complexity of more sophisticated payments collections technologies are among the tallest, Gray said, with tools like text-to-pay functionality simply not economical enough to warrant an investment — even despite a better customer experience.

B2B 64

B2B Invoicing B2C Education 64

PYMNTS

SEPTEMBER 4, 2018

Deutsche Bank’s report also pointed to liquidity management, investment, and cash application as some of the processes that benefit from faster payments and access to transaction data in real-time. For the corporate treasurer, this could mean real-time FX exposure management and the need for faster action to mitigate FX volatility risk.

Foreign Exchange 40

Foreign Exchange Banking Accounts Payable Treasury 40

PYMNTS

APRIL 22, 2016

The venture capital world lit up last week with reports that B2B tech startups are now seeing increased funding, raising money at a faster pace than B2C startups. This week, the streak continued, and while a limited number of deals emerged, significant investments were handed to B2B startups operating in the enterprise finance sphere.

B2B 40

B2B Banking B2C Invoicing 40

PYMNTS

OCTOBER 21, 2019

The skewed flow of funds to the business-to-consumer (B2C) space comes amid a backdrop where valuations for domestic FinTech unicorns have been inflated. Thus far, the frictionless growth associated with B2C has been preferred to what he called the “grind it out, ROI-based sales model required of B2B.”. The General Landscape.

B2B 40

B2B B2C Accounts Payable Economics 40

PYMNTS

AUGUST 15, 2018

However, accounts payable (AP) service providers have more on their plate than simply making it easier for companies to pay their invoices digitally. Significant investments have been made by organizations in their ERP systems and critical applications. Overall, the space is taking a positive approach to change.

B2B 40

B2B Accounts Payable B2C Reconciliations 40

PYMNTS

JANUARY 15, 2018

million: the value of investments for B2B eCommerce companies in 2017 , a seven-year high, according to reports. That means the remaining were B2C and P2P transactions, representing a major gap — and opportunity — for B2B FinTech, payment and API companies to step in and expand use of the faster payment service.

B2B 77

B2B B2C eCommerce Currencies 77

PYMNTS

NOVEMBER 18, 2016

Along with CB Insights, KPMG researchers found in their latest quarterly analysis that FinTech investment by venture capitalists declined across the globe in Q3 of this year. MC Payment offers an array of B2C and B2B payment solutions, but its most recent offering is Xaavan, a B2B supply chain payments and eInvoicing platform.

B2B 74

B2B Accounts Payable Startups B2C 74

PYMNTS

OCTOBER 6, 2020

Every company in the world is wrestling right now with their accounts payable (AP) and accounts receivable (AR) and they are pondering why they are still reliant on physical checks. Those platforms make it easier for buyers and suppliers to transact in a “consumerized” manner that echoes the simplicity of B2C commerce today.

B2B 84

B2B Treasury Communication Accounts Payable 84

The Finance Weekly

MARCH 1, 2023

Prior to joining Sleep Number, he worked as a certified public accountant in the assurance and advisory practices of EY and Arthur Andersen. Earlier in her career, she spent close to five years working in public accounting at Grant Thornton. Prior to these roles, Davick held finance leadership positions at Google, Twitter, and SoFi.

CFO 52

CFO Financial Planning and Analysis (FP&A) Leadership Finance 52