The risks hiding in 2023’s B2B SaaS growth rates
CFO Dive
JANUARY 29, 2024
Here’s what Maxio learned from studying 2,400 B2B SaaS companies. 2023 was supposed to bring long-awaited stability. Instead, it surfaced hidden risks.
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CFO Dive
JANUARY 29, 2024
Here’s what Maxio learned from studying 2,400 B2B SaaS companies. 2023 was supposed to bring long-awaited stability. Instead, it surfaced hidden risks.
CFO Dive
SEPTEMBER 9, 2024
The threat can be devastating, with many companies losing more than 30% of their total revenue to fraudulent activities each year, according to a Creditsafe report.
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Pricing for Profit: How to Set, Negotiate, and Succeed
Unlock The Power Of The CFO Toolkit
4 Things Great Companies Do to Improve Cash Flow
How to Select the Perfect Payments Partner: 7 Keys for Sustainable Growth
The Financial Leader's Playbook: How To Deliver Insight, Oversight, And Foresight
CFO Dive
JUNE 23, 2023
“B2B organizations have been slow to adapt to the changing demands and expectations of Gen Z,” writes a payments company vice president. “This is a huge mistake, and it can cost them dearly in the long run.”
Pricing for Profit: How to Set, Negotiate, and Succeed
Unlock The Power Of The CFO Toolkit
4 Things Great Companies Do to Improve Cash Flow
How to Select the Perfect Payments Partner: 7 Keys for Sustainable Growth
The Financial Leader's Playbook: How To Deliver Insight, Oversight, And Foresight
CFO Dive
JANUARY 19, 2023
Although many companies are pulling back spending amid the murkier economic climate, new CEO Sunil Rajasekar said the B2B payments firm is not.
CFO Dive
AUGUST 12, 2022
By 2028, it’s estimated that the global B2B e-commerce market size will reach $25.65 Dynamic pricing is one of its challenges.
CFO Dive
SEPTEMBER 22, 2022
Visa is eyeing certain portions of the B2B market for near-term growth, the company’s chief financial officer said during a conference last week. It’s also building out its network for remittances.
PYMNTS
DECEMBER 30, 2020
With trade shows canceled and enterprise digitization accelerated, 2020 was a big year for the adoption of B2B eCommerce. Even before the pandemic hit, the B2B eCommerce landscape was heating up as businesses sought greater efficiency. The Rise of the Marketplace.
PYMNTS
NOVEMBER 5, 2020
As the B2B commerce landscape innovates, it is continually after that "Amazon-like" experience forged in the consumer commerce world. But for B2B vendors and suppliers, the unique needs of corporate customers cannot be ignored, making a consumer-like buying experience particularly complex. Pricing Complexities.
CFO Dive
JULY 30, 2024
The move comes as digital business-to-business payments are expected to surge in coming years, creating challenges for many vendors.
PYMNTS
SEPTEMBER 29, 2020
Separately, research finds B2B payments as the key driver behind surging instant payments volume in the years ahead. In addition to the expanded Accelerate program, Mastercard is also embracing blockchain for B2B use cases. B2B Payments To Drive Instant Payments Adoption. European Union Next To Ease Crypto Adoption.
PYMNTS
OCTOBER 5, 2020
Kevin Phalen , head of global business solutions at Visa , told Karen Webster that the consumerization and the digitization of the B2B space are enabling firms to get the job — moving money — done with efficiencies previously unknown. B2B is poised to make the same leap. But the solutions they deploy, maintained Phalen, must be fast.
PYMNTS
NOVEMBER 17, 2020
When it comes to global B2B procurement, nothing is simple. The Track BPS is an evolution from the strategy of owning the underlying rails upon which money moves, according to James Anderson , executive vice president of Global Commercial and B2B Solutions. Driving B2B Payments' Evolution. said Anderson. A World Of Opportunity.
PYMNTS
JULY 29, 2020
“Fundamental changes to the B2B payments landscape are taking place today, faster than ever before, helping the ecosystem eliminate inefficient B2B payments processes.”. Access to capital hasn’t been this tight since the market meltdown of 2008, so motivated players are finding better, faster ways of moving B2B funds especially.
PYMNTS
NOVEMBER 4, 2020
India's Tradologie is looking to make the country a "self-reliant and self-sustaining powerhouse" through a B2B platform that facilitates uninterrupted trade for both local and foreign parties. Working with the enterprise, he said, can help with the addition of layers to soothe friction in the B2B onboarding process.
PYMNTS
DECEMBER 9, 2020
The takeover signaled an evolution of the company's business model from a traditionally business-to-consumer (B2C) seller, to one that includes business-to-business (B2B) operations. It was also indicative of a growing trend of B2C merchants expanding into the B2B realm in an effort to take advantage of a surging market.
PYMNTS
JANUARY 19, 2021
With B2B eCommerce proliferating, the market is rapidly evolving to make way for new business and payment models in response to customer demand. We're in the golden age of B2B eCommerce," he told PYMNTS in a recent interview. Along with the adoption of B2B eCommerce came the proliferation of different kinds of buying models. "A
PYMNTS
NOVEMBER 19, 2020
While optimizing B2B payments is often about combating friction at the moment of transaction, the truth is, the B2B payment experience often happens way before any money is ever actually moved. There are many ways that onboarding a new B2B customer can be a headache for suppliers that sell goods and services online.
Strategic Treasurer
AUGUST 10, 2022
B2B Payments: 2022 Survey Results. The B2B Payments Survey gathers data from treasury and finance professionals on payment challenges, security, technology, and complexity, probing global respondents on their plans, perceptions, and practices. September 13 | 2:00 PM EDT. Register Now. Tuesday, September 13, 2022. Sponsored By.
PYMNTS
NOVEMBER 25, 2020
In B2B payments, the path to making transactions as seamless and invisible as possible is often about closing the gap that separates buyer and supplier. While a growing population of B2B FinTech solutions has helped to connect B2B buyers and sellers, more platforms can create more friction on either end of the equation.
PYMNTS
JANUARY 7, 2021
There are a lot of moving parts in B2B payments that are keeping corporate finance executives busy as they work to modernize and optimize their operations. In 2020, many of the biggest pain points in B2B payments were revealed, particularly when transactions move across border. But it's an end-to-end workflow.".
PYMNTS
NOVEMBER 23, 2020
23) that they have entered a strategic partnership to launch Visa Commercial Pay, billed as a suite of B2B payment solutions for enterprises making the shift to digital transactions, and, specifically, virtual cards — and away from paper-based manual processes. She said 89 percent of B2B buyers are making more online purchases than last year.
PYMNTS
AUGUST 3, 2020
When it comes to B2B payments fraud, it’s not a matter of if it happens, but when. While eliminating paper is a much-needed first step to combatting B2B payments fraud, electronic payments aren’t immune to the risk, either. “Everybody needs to be suspicious,” he said.
PYMNTS
DECEMBER 24, 2020
For years — decades, even — B2B payment leaders and innovators had been talking about the digitization of corporate payments within accounts receivable (AR) and accounts payable (AP) departments. The coronavirus crisis has accelerated B2B payments digitization to new heights. More Work To Be Done.
PYMNTS
SEPTEMBER 14, 2020
"The Amazon experience" is now a worn-out catchphrase in the world of B2B eCommerce. But B2B eCommerce is not the same beast as B2C. The core difference between B2B and B2C is that in B2B, the individual researching and buying has a job to do,” King said. It's also accelerated the digitization of B2B sales.
PYMNTS
SEPTEMBER 3, 2020
When B2B commerce requires sales representatives, phone calls and fax machines, both purchasing and sales workflows can quickly get bogged down. There is an inherent value in building B2B eCommerce platforms from the ground up. Build Versus Buy. Out-Of-The-Box.
PYMNTS
DECEMBER 21, 2020
JCB , a Japanese card provider, is developing a blockchain B2B payment offering specifically for netting trades between two parties. Even though Japan’s B2B payments space accounts for $10 trillion in yearly volume, cash transactions are still in the lead as is the case in a number of markets.
Strategic Treasurer
DECEMBER 6, 2022
B2B Transaction Modernization: Real-Time Payments. 2022 B2B Payments Survey Results Report Strategic Treasurer’s B2B Payments survey, developed in partnership with Bottomline Technologies, sought to understand the shifting technologies, strategies, and practices used by organizations across the Business-to-Business (B2B) payments landscape.
PYMNTS
JANUARY 18, 2021
In a geographic market as large as Africa, fragmentation within the food and agriculture industry has created plenty of points of friction and inefficiencies that disrupt B2B trade workflows — for both farmers and their buyers. Multi-Sided Pain Points. Data And Digitization.
PYMNTS
AUGUST 11, 2020
From a lack of supplier acceptance of electronic payments to outdated infrastructure within accounts payable (AP) departments, the B2B payments ecosystem still has much room for improvement on multiple fronts. Moving the needle in the journey away from paper checks isn’t a one-sided battle, either. An Ecosystem Approach.
PYMNTS
NOVEMBER 27, 2020
As B2B eCommerce accelerates its technological innovation, and as adoption grows, it continues to look toward the world of B2C to implement optimized end-user experiences – for both the buyer and the seller. Extending trade credit directly at the point of sale is a major opportunity for B2B sellers to similarly drive up sales.
PYMNTS
FEBRUARY 24, 2020
And here we are, millennia later, exploring space and streaming Netflix, yet over 40 percent of business-to-business (B2B) payments are still made by paper — the same “technology” that replaced clay tablets. After all, B2B eCommerce will be a $1.1 Where’s the Trust? China’s eCommerce titan Alibaba is capitalizing on that.
PYMNTS
NOVEMBER 18, 2020
New Jersey-based invoice-to-cash platform Billtrust has upgraded the machine learning (ML) capabilities of its business-to-business (B2B) cash application software, the company announced Wednesday (Nov. The goal is to quickly convert payments to cash.
PYMNTS
SEPTEMBER 22, 2020
With the pandemic accelerating businesses' digital shift , small retail buyers have shifted their buying operations to the B2B eCommerce realm, and for many, the online marketplace operates in lieu of a procurement solution. Yet in the B2B realm, there are some unique challenges. Visibility And Security.
PYMNTS
NOVEMBER 12, 2020
Salesforce has rolled out its new Revenue Cloud product, which will work to simplify B2B purchasing for customers, according to a press release.
CFO Selections
NOVEMBER 14, 2023
What do you need to think about when transitioning a portion of your business from a B2B model to a B2C model? This type of major strategy shift requires a full-scale examination of every facet of the organization – sales, marketing, operations, manufacturing, supply chain, logistics, and R&D.
PYMNTS
JULY 6, 2020
Steady digitization in stale B2B payments and the open banking movement are two closely related and increasingly exuberant expressions of money’s digital makeover. Impacts expected from open banking on the laggard B2B payments space are hard to understate. It’s worth the effort, as the growing number of B2B payments use cases prove.
PYMNTS
JANUARY 14, 2021
The process of B2B procurement between diamond vendors and jewelry retailers is often stuck on legacy processes like phone calls, emails and paper check payments, creating the same kinds of bottlenecks and inefficiencies that plague other markets. A B2B eCommerce Evolution. B2B eCommerce operations, dubbed Jewel Fleet.
PYMNTS
DECEMBER 29, 2020
The B2B payments landscape has always been evolving, but change in the industry has never been more acute than right now. But the challenge of igniting B2B payments innovation may not be as arduous as many chief financial officers (CFOs) and others believe, said Josh Cyphers , president of Nvoicepay , a FLEETCOR company alongside Comdata.
PYMNTS
NOVEMBER 19, 2020
This week’s round-up of the latest innovations in payment rails for B2B payments shows a key focus on real-time transactions and embrace of emerging, faster payment rails. Plus, blockchain makes new inroads in the B2B arena. Transcard Embraces Track for Real-Time B2B Payments. Volante Explores the Real-Time B2B Value Prop.
PYMNTS
OCTOBER 11, 2020
New York private equity firm GenNx360 Capital Partners has acquired B2B Industrial and the assets of AMW Packaging Supply , which will give the company a boost in the industrial packaging space, according to a press release. B2B Industrial is based in Illinois, while AMW is based in Arizona.
PYMNTS
JANUARY 26, 2021
B2B online commerce technology company NuORDER has unveiled its NuORDER Payments offering. Digital payments [are] the norm for eCommerce, but B2B payments have been stuck in the dark ages for too long,” NuORDER Co-Founder and Co-CEO Heath Wells said in the announcement. 26) announcement.
PYMNTS
DECEMBER 28, 2020
And as FinTechs continue to challenge banks, but also offer new opportunities within the B2B space, they’re advancing a corollary to the build vs. buy question: How about partnerships? The question is seemingly an eternal one in the business realm: build vs. buy. Sassone pointed to the fact that half of all U.S.
PYMNTS
JANUARY 24, 2021
Rustic Deco has rolled out its new B2B wholesale furniture website, according to a press release. The platform is only for B2B needs, offering tiered discounts for licensed interior decorators, registered interior designers and mom-and-pop stores, according to the release.
PYMNTS
JANUARY 8, 2021
Today in B2B payments, ActiveWorx launches its B2B payment optimization tool, while PayJunction debuts an eInvoicing feature. ActiveWorx Introduces B2B Payments Offering on AP Platform. has rolled out B2B payments optimization offerings on its platform. ActiveWorx, Inc. ActiveWorx, Inc.
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