article thumbnail

Moving The Business Payments Focus From Price To Process

PYMNTS

“We’re seeing increased costs to have security around the printing of checks, and what I’ll call ‘the old ways,’” said Joiner. Against that backdrop, companies are re-evaluating and redesigning their entire supply chains, cost management life cycles and other processes across all industries from healthcare to manufacturing.

article thumbnail

Cash Flow Management: Key Steps

Spreadym

Managing Accounts Receivable: Efficiently manage your accounts receivable by invoicing promptly, offering discounts for early payment, and pursuing collections for overdue payments. Managing Accounts Payable: Delay payments to suppliers only when it is advantageous and do not jeopardize supplier relationships.

article thumbnail

How ePayments Can Ease B2B Friction In The Travel Industry

PYMNTS

The new reality will be marked by low bookings; tight margins; financial pressures on online travel agents; and the need for cost management. Cross-border payments can exacerbate points of friction, Ginesta maintained, as cross-currency payments are impacted by exchange fluctuations.

B2B 94