PYMNTS

APRIL 29, 2016

In an announcement on Wednesday (April 27), APEX Analytix revealed a four-step cash management strategy to combine data analytics and supplier management tools. Accounts payable and procurement are partnering with treasury to look at cash management more holistically,” the executive said.

Cash Management 40

Cash Management Accounts Payable Treasury Invoicing 40

PYMNTS

NOVEMBER 15, 2019

Traditionally, the cost and administrative burden of card acceptance has kept the tool from gaining traction in accounts payable. But shifting priorities among buyers and suppliers have elevated the opportunity for cards to meet changing cash management needs. Bending the Card Rails.

B2B 53

B2B Accounts Payable Cash Management Reconciliations 53

PYMNTS

APRIL 23, 2020

Unfortunately, independent contractors have also frequently been left out of the picture for traditional banks and even newer FinTechs despite the recent influx of small business cloud accounting apps and other B2B FinTech platforms. Accounts payable is the money you owe your suppliers. .

Accounting 56

Accounting Accounts Payable Invoicing Cash Management 56

PYMNTS

JULY 16, 2019

Billie, a Germany-based startup offering invoicing and financing solutions for small businesses and corporates, announced about $33.6 Billie operates a platform upon which companies can send invoices to their corporate customers, collect payments and access invoice financing on unpaid bills.

Finance 40

Finance Invoicing B2B Accounts Payable 40

PYMNTS

SEPTEMBER 20, 2017

JPMorgan Chase is the latest financial institution to team up with a B2B payments FinTech. 19) announced news that JPMorgan is partnering with Bill.com to integrate its B2B payments technology into its own Chase platforms early next year. It’s not JPMorgan’s first FinTech partnership in its effort to boost B2B services.

B2B 50

B2B Invoicing Cash Management Accounting 50

PYMNTS

DECEMBER 30, 2020

As they need to move into more robust back-end services, said Shields, these expanding companies take a more granular look at their treasury and payment services — and banks must have a strong payments and cash management integration with ERP. Many-To-Many Markets . Thus far, the markets are “many to many,” as Shields put it.

Banking 97

Banking Accounts Payable Treasury Reconciliations 97

PYMNTS

FEBRUARY 1, 2021

Smooth accounts payable and receivable processes depend on the ability to easily access, manage and interpret payments data, but complex workflows and old-school tools can get in the way. That information is then easy to process for generating insights and informing cash management decisions. .

Accounts Payable 93

Accounts Payable Reconciliations Invoicing Treasury 93

PYMNTS

JULY 2, 2020

Often at the center of this initiative is the accounts payable (AP) department — and unsurprisingly for these volatile times, the strategy can turn toward lengthening the days payable outstanding (DPO). Some businesses are only just beginning their commercial card journeys as part of a broader push to digitize B2B payments.

Economics 104

Economics Accounts Payable B2B Reconciliations 104

PYMNTS

JUNE 21, 2018

But a company’s interest and efforts to adopt new technologies does not always mean that all B2B payment processes are improved. Instead, new research suggests that the enterprise is embracing some tools and tech (but not all), and applying them to some aspects of B2B payments (but not all).

Accounts Payable 44

Accounts Payable B2B Invoicing Prioritization 44

PYMNTS

FEBRUARY 14, 2017

Mastercard struck a deal to help automate the accounts payable process for businesses in the United Arab Emirates , reports said Sunday (Feb. The credit card firm inked a partnership with technology firm Swipezoom, which operates in both the B2B and B2C spaces. ”

Accounts Payable 40

Accounts Payable B2C B2B Invoicing 40

PYMNTS

DECEMBER 5, 2019

After all, money exits a company through more than one avenue, whether it be via the accounts payable department or a firm’s own employees. Many of those pain points are, by now, well-known in the B2B payments space. Understanding businesses’ biggest payment pain points requires a wide line of sight.

Accounts Payable 52

Accounts Payable B2B Problem Solving Nonprofit 52

PYMNTS

JUNE 21, 2016

The B2B payments space has seen significant growth thanks to developers that often focus either on the accounts receivable or accounts payable side of cash management. A new partnership in the industry, however, brings both AR and AP management together.

Accounts Payable 43

Accounts Payable Invoicing B2B Education 43

PYMNTS

DECEMBER 11, 2019

Those pain points expand far beyond the retailer’s walls, too, as these businesses are forced to figure out how to utilize high volumes of cash to make payments to their B2B suppliers. Traditionally, B2B commerce is conducted over the phone and via email. An Emerging Late Payments Problem. “Sometimes they forget.

B2B 52

B2B Invoicing Accounts Payable Compliance 52

PYMNTS

OCTOBER 17, 2017

In B2B payments, it’s not just the movement of money that’s a pain point for companies — it’s the tracking of that payment and the ability to reconcile those transactions that can be a major headache for both payers and payees. In an announcement on Tuesday (Oct. In an announcement on Tuesday (Oct.

Reconciliations 47

Reconciliations Accounts Payable B2B Cash Management 47

PYMNTS

APRIL 1, 2016

Corporations have been chastised in recent years as floods of new data reveal the ongoing prevalence of paper checks in B2B payments. Bank’s head of receivables solutions for treasury management. The B2B payments space, on the other hand, not so much. The B2B space has, historically, had challenges.”. B2C To B2B.

B2B 41

B2B Accounts Payable B2C Banking 41

PYMNTS

DECEMBER 29, 2016

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.

Accounts Payable 49

Accounts Payable B2B Invoicing Corporate Finance 49

PYMNTS

MARCH 1, 2016

deals were also joined by B2B companies. 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. The alternative lending platform focuses on student lending, but some of the top U.S.

B2B 40

B2B Foreign Exchange Accounts Payable Startups 40

PYMNTS

OCTOBER 11, 2016

When Sourcery launched, CEO Na’ama Moran said there was a bit of a chicken-and-egg issue: She wanted the company to become a holistic B2B payments player, but should it begin with accounts receivable or accounts payable? “It makes it a lot harder to manage cash flow,” she explained.

B2B 75

B2B Accounts Payable Invoicing Accounting 75

PYMNTS

NOVEMBER 16, 2018

In a week of multiple nine-figure venture capital funding rounds, B2B FinTech has proved it plans to end the year on a high note. Below, PYMNTS breaks down the more than $912 million raised by B2B FinTech firms this week. For instance, its LaaS platform lets businesses provide invoice or payroll financing to their customers.

Accounts Payable 77

Accounts Payable Foreign Exchange Currencies Startups 77

PYMNTS

JUNE 22, 2016

Oil and gas is big business, with monumental funds at stake when it comes to B2B transactions. And as one of the largest industries impacting the global economy, the oil and gas sector must push through the pressures of high-volume cash management, regulation and even influences from its own labor force. .

B2B 40

B2B SAP Accounts Payable Invoicing 40

PYMNTS

JANUARY 16, 2020

Solution providers in accounts payable (AP) and accounts receivable (AR) are increasingly servicing not only their corporate customers, but their customers’ own business partners with their technologies. At what point in the workflow can I prevent an invoice from going past due in the first place?”.

Accounts Payable 56

Accounts Payable Invoicing Treasury Education 56

PYMNTS

JANUARY 26, 2017

Cross-border payments, trade finance, smart contracts — blockchain has the potential to disrupt B2B processes, but FinTech players are only beginning to take these concepts onto a real-world stage. For one firm, Finlync , the key to unlocking the potential of blockchain in B2B processes is unlocking the underlying data of that activity.

SAP 57

SAP Invoicing Reconciliations B2B 57

PYMNTS

APRIL 3, 2020

Accounts payable (AP) automation technology presents an obvious benefit to companies of all sizes and industries to boost efficiency and strategize vendor payments. It’s a valuable function for companies like LockerDome, with a high volume of international suppliers that are considered strategic partners to the business.

Accounts Payable 52

Accounts Payable Reconciliations Compliance Invoicing 52

PYMNTS

OCTOBER 1, 2020

At a high level, said Disque, the embrace of automated accounts payable (AP) processes has been consistent across verticals. CSI, he noted, has insight into a number of industries, where the payment processing platform (focused on integrated payables) aggregates and accepts payments on behalf of a wide range of businesses.

Accounts Payable 77

Accounts Payable Cash Management Construction Invoicing 77

PYMNTS

MARCH 24, 2016

But instead of going all in on the cloud, many of these firms are looking for a hybrid of sorts to handle operations, especially when it comes to the accounts payable department. But an omnichannel accounts payable department can occur in other ways, too. What we’re seeing is multichannel invoice capture.”.

Accounts Payable 43

Accounts Payable Invoicing Accounting Cash Management 43

PYMNTS

JUNE 22, 2016

In B2B payments, accounts payable automation is a hot topic, as are the challenges AP professionals face when it comes to paying suppliers and managing the data from those transactions. It can automate credit checks for buyers and streamline the invoice and payment dispute process, the report said.

Accounting 42

Accounting Invoicing Reconciliations Accounts Payable 42

PYMNTS

JUNE 22, 2020

Enabling employees to work remotely during the COVID-19 pandemic has sent a wake-up call to companies that their old-school accounts payable (AP) practices will not cut it in the new economy. The right choices can keep suppliers satisfied while helping buyers address their own cash management concerns.

Accounts Payable 56

Accounts Payable Invoicing Banking Cash Management 56

PYMNTS

JUNE 20, 2016

This week’s B2B Data Digest focuses on the flux and flow of managing cash. Digital currencies, cybercrime and complexities of the accounts payable process combine into a mountain of challenges for corporate financial chiefs. 3 billion has been at risk to cyberthieves from U.S. 73% of U.K.

Accounts Payable 41

Accounts Payable Currencies Invoicing Profit and Loss 41

PYMNTS

APRIL 18, 2016

With that in mind, Agiasotis pointed to other aspects of the payments innovation space that should, perhaps, be getting a bit more attention from disruptors when it comes to B2B payments. ” There are the obvious sources of information being handled by cross-border business partners, he noted, like invoices and purchase orders.

Foreign Exchange 40

Foreign Exchange Invoicing B2B Accounts Payable 40

PYMNTS

MAY 5, 2016

Cash management in the accounts payable department goes far beyond paying supplier invoices on time. Today, technology has allowed a plethora of services across this toolset to emerge, all geared towards optimizing cash flow within the corporate procurement and spend arena. Balancing Act.

Accounts Payable 40

Accounts Payable Cash Management Invoicing Finance 40

PYMNTS

JANUARY 14, 2020

This complicated process can involve everything from accounting and invoicing software to bank accounts. For this month’s feature story, Haider explained how a robust API strategy can help banks support smoother, speedier and more convenient payment and cash management experiences for their business clients.

Cash Management 52

Cash Management Invoicing Accounting Leverage 52

PYMNTS

MARCH 25, 2016

The company spoke with PYMNTS this month to discuss the role that digital documentation and processes can play to help businesses improve cash management and spend visibility. We’re offering agile processes to improve cycle times and reduce the cost and reliance on paper invoices, while delivering real-time insights.”.

Accounts Payable 40

Accounts Payable Cash Management Invoicing Accounting 40

PYMNTS

APRIL 12, 2016

Making sure the books add up properly is key to keeping their legal nonprofit status, and that means cash management is paramount. By designating a purchase amount and category, an accounts payable professional can safeguard against fraud or use of a virtual card for an unauthorized purchase. Not-For-Profit.

Nonprofit 40

Nonprofit Accounts Payable Reconciliations Cash Management 40

PYMNTS

MAY 16, 2016

Between treasury management, accounting, invoicing, cash management and all the other money tools corporates have access to today, it’s a wonder CFOs can keep their heads on straight. The cookie-cutter treasury management solution offered by a bank may not fit a business in its first year as it fits in its 20th.

Treasury 41

Treasury Cash Management Accounts Payable Invoicing 41

PYMNTS

JANUARY 20, 2021

According to Rajiv Ramachandran , senior vice president of product strategy and management at Coupa , the pandemic was a “wake-up call” for many finance leaders who experienced a jolting breakdown of key functions. There were cases where some of these finance teams could not even understand what their cash visibility looked like.”.

B2B 125

B2B Prioritization Invoicing Corporate Finance 125

PYMNTS

AUGUST 22, 2016

The latest research puts a price tag on the finances of better procurement, banking, cash management and innovation among small and medium-sized businesses. The message is clear: Automated, digital FinTech solutions can help businesses and financial service providers save money. 139 billion could be saved by U.K.

Finance 40

Finance Accounts Payable Startups Banking 40

PYMNTS

JUNE 13, 2016

88% of finance professionals anticipate a rise in payments fraud , said TD Bank in its latest analysis.

Accounts Payable 41

Accounts Payable Corporate Finance Treasury Invoicing 41