article thumbnail

Reverse Factoring Intensifies The B2B Late Payments Debate

PYMNTS

They added that evolving B2B payment terms have led suppliers that have historically managed days sales outstanding (DSO) between 60 and 90 days to manage payment terms of 180, 210 or even as long as 364 days. More than 60 percent of the total value of B2B trade conducted in the last year was done so on trade credit, the report found.

B2B 40
article thumbnail

Mid-Year Update on Key Trends to Watch

Bramasol

Artificial Intelligence Revolution Extends into B2B Although artificial intelligence applications such as machine learning (ML) and robotic process automation (RPA) already have been in wide usage for B2B (business-to-business) markets, the revolution spurred by new generative AI has added fuel to the enterprise adoption of artificial intelligence.

SAP 75
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

B2B Startups Welcome Another Unicorn With TripActions Funding

PYMNTS

It was another busy week for B2B FinTech startups, with globally and vertically diverse companies securing new funding for their enterprise-targeting tools. PYMNTS takes a look at the latest in B2B FinTech funding below. Based in Germany, Fraugster raised more than $13.9 million for its anti-fraud solutions designed for retailers.

article thumbnail

How Data Guides A New Era For The ERP

PYMNTS

The boom in B2B FinTech has introduced a flurry of new solutions and platforms from which corporates and small businesses can choose. With growing data volumes, there’s also opportunity for more sophisticated data analytics to step in and augment the traditional role of the ERP by enhancing data capture and quality capabilities.

article thumbnail

Tradeshift Taps Genpact To Broaden AP Automation Offerings

PYMNTS

29), with Tradeshift integrating its B2B network of buyers and suppliers with Genpact’s Cora digital business platform. Together, the companies said they are targeting cash optimization, strengthened invoicing infrastructure, elevated data capabilities, and access to insights-to-action analytics.

article thumbnail

The Cash Flow Connection To Accounts Receivable

PYMNTS

Late payments have caught the attention of regulators around the world, and of FinTechs exploring ways to accelerate cash flow for B2B companies struggling to make a profit when invoices are left unpaid. That could mean paying invoices too early, or allowing payment terms with customers to extend too long.

article thumbnail

The Right (And Wrong) Way To Give Accounts Payable A High-Tech Overhaul

PYMNTS

Even when invoices flow in as paper documents, organizations are using electronic solutions or optical character recognition (OCR) tools to process those bills for payment. But that’s largely around the notion of capture — an invoice comes in, and they use a tool like OCR to capture information.”. Technology for Technology’s Sake.