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Today in B2B, Bloomberg broadens its creditrisk data pool, and two ERP solutions secure B2B payments integrations. Plus, Everlink strikes a partnership for real-time B2B payments. Bloomberg To Incorporate CreditRisk Data. They can also assess ongoing credit quality. 2) announcement.
As accountspayable (AP) and accounts receivable (AR) operations continue to converge for many organizations, buyers and suppliers are increasingly acknowledging the value of using each other’s technology platforms to promote stronger B2B relationships. Peasy Explores The Early Payment Incentive.
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This week's look at the convergence of accountspayable and accounts receivable finds tools like commercial cards, trade credit, artificial intelligence and robotics process automation easing friction on both ends of a B2B transactions. PYMNTS And CSI Eye AR-AP's Digital Shift.
While optimizing back-office functions like accountspayable and accounts receivable can support enhanced cash-flow management, B2B partnership collaboration is also critical to supporting the financial health of an organization. AscendantFX Eases Payment Instruction Hurdles. ”
HighRadius Founder and CEO Sashi Narahari said in the announcement, “We launched the RadiusOne B2B Network to facilitate suppliers and AR teams to digitally connect with their buyers and AP [accountspayable] teams for faster processing of receivables and payments. Currently, the network has millions of active businesses.
We have patterns across B2B customers, so if a consumer is looking like a high creditrisk, we can accelerate the collections efforts across many of our customers. Adding collections to their suite of skills, Lane noted, is part of their bigger vision for taking on B2B payments from order to cash to collections.
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