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Suppliers To Usher In Dynamic Discounting

PYMNTS

Some B2B payments players have predicted that, on the accounts payable side of the transaction, higher interest rates will lead companies to extend their payment terms and to seek out AP technologies that offer integrated supplier financing solutions to help with that cash flow crunch on the supplier side.

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Robotics Process Automation Rakes In The VC Cash

PYMNTS

RPA is igniting chatter in the corporate finance community as professionals explore next-level analytics and automation functionality to enhance processes like accounts payable, accounts receivable, cash flow management and more. Automation Anywhere. Purpose Financial LP led the funding round, reports said.

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Corporates Must Tread Lightly With Delayed Supplier Payment Tactic

PYMNTS

According to Hackett , the main reason why working capital performance improved among large corporates is because they lengthened their supplier payment terms significantly. Corporates in the U.S. took an average of 3.4 days longer than they did in 2016 to pay their suppliers. Meanwhile, days sales outstanding (DSO) increased by 4.4

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Is B2B FinTech Heating Up At The Wrong Time?

PYMNTS

Affirm, for instance, secured $275 million last May and, soon after, announced plans to link businesses operating over Shopify with financing. Meanwhile, AvidXchange, which provides accounts payable and automation solutions for corporations, also landed among the elite with a $225 million funding round led by Bain Capital in September.

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What Corporate Managers Get Right (And Wrong)

PYMNTS

88% of finance professionals anticipate a rise in payments fraud , said TD Bank in its latest analysis. Misconduct involving corporate finances, however, almost always resulted in termination. Researchers examined instances of questionable — not illegal — behavior from CEOs based on news media reports between 2000 and 2015.

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Pandemic Wake-Up Call Drives Integrated B2B Platforms

PYMNTS

Corporate finance teams were not simply tasked with finding ways to continue operations in a remote work environment as a result of the coronavirus crisis. There were cases where some of these finance teams could not even understand what their cash visibility looked like.”. The Biggest Pain Points, Revealed.

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Baby Steps In Digital B2B Payments

PYMNTS

A tool that allows users to snap a picture of a paper check with their smartphone and deposit it into a bank account — without ever having to visit a bank branch — is becoming commonplace for consumers. So, when a consumer deposits a physical check via mobile device, the funds arrive in the account, and the transaction is complete.

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