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B2B Tech Seeks To Connect Buyers And Suppliers Amid Market Volatility

PYMNTS

This week's roundup of the convergence of accounts payable (AP) and accounts receivable (AR) takes a look at how B2B payments solution providers are considering both buyers and suppliers as a result of the pandemic. NexusPayments Tackles Real Estate Supplier Adoption. Paymerang Eyes The Supplier's Role In AP.

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Moving The Business Payments Focus From Price To Process

PYMNTS

“The shift I have seen there,” she told PYMNTS of healthcare firms, “that was most effective is providers [the vendors] had their way of going through the process either from an [accounts payable] or [accounts receivable] perspective.”. Comdata, she said, has mimicked the flow from claims to invoice to payment to reconciliation.

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Canada’s Path Toward B2B Payables Modernization

PYMNTS

Some of the biggest industry trends, including faster payments, open banking and bank-FinTech collaboration, have found their ways into the Canadian market, the B2B payments space is not immune to disruption from these shifts. According to Lansdowne-Higgins, among the biggest challenges in accounts payable today is the data silos.

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AP Automation Braces For Open Banking, Globalization

PYMNTS

One of the latest FinTech firms to do so is accounts payable (AP) automation company Centsoft , which recently announced a data integration with QuickBooks Online. It’s one thing to enable two B2B FinTech platforms — like an accounts payable and accounting platform — to share data with each other.

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Accounts Receivable Begins To Tackle Payables Friction

PYMNTS

Accounts payable (AP) automation is beneficial, and even necessary, for many businesses still bogged down by paper. It’s an expansion of Billtrust’s offering that aims to improve accounts payable processes by tackling supplier-side friction. Tipalti Collaborates To Ease Vendor Acceptance.

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Cambridge Global Payments Automates X-Border AP

PYMNTS

The service automatically extracts data from invoices, PDFs and other trade documents and automates accounts payable while storing payables information for reconciliation and accounting. Last year, Frey spoke with PYMNTS’ Karen Webster about some of the biggest challenges of FX management.

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Emburse Rolls Out Tallie Travel, Cards To Control SMB Spend

PYMNTS

Expense management and accounts payable (AP) automation company Emburse has rolled out Emburse Cards and Tallie Travel to offer a simple way for clients to handle their travel and out-of-pocket expenditures, according to a Wednesday (Oct. 28) announcement.