Remove B2B Remove Cash Management Remove Financial Data Remove Invoicing
article thumbnail

B2B APIs Bring Access And Speed To Finance

PYMNTS

Open banking and its promise of more elasticity in finance is enabled by application program interfaces (APIs) — lines of code that execute everything from simple peer-to-peer (P2P) transfers to industrial-sized B2B real-time payments. That idea understandably has immense appeal to SMBs, and APIs are the conduit.

B2B 53
article thumbnail

The Financial Data Goldmine Of Order-To-Cash

PYMNTS

Order-to-cash is an area of cash flow management that has the potential to significantly enhance a business’s financial performance. ” That business model means companies that would have previously invoiced a customer once a year are now splitting that bill into, for instance, 12 monthly bills.

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

The Bank-FinTech Tie-Up Streamlines Access To Finance, Data

PYMNTS

The tie-up is the newest of many strategic FinTech partnerships Barclays has announced in recent times, with MarketFinance providing invoicing financing products and Nimbla providing invoice insurance. “[SMBs] are the lifeblood of the U.K. Wells Fargo & Envestnet.

Finance 91
article thumbnail

ERP Data On The Front Lines Of Blockchain Adoption

PYMNTS

Cross-border payments, trade finance, smart contracts — blockchain has the potential to disrupt B2B processes, but FinTech players are only beginning to take these concepts onto a real-world stage. For one firm, Finlync , the key to unlocking the potential of blockchain in B2B processes is unlocking the underlying data of that activity.

SAP 57
article thumbnail

Collaboration Spurs Treasury Management Innovation

PYMNTS

In B2B payments, that can mean discontent in the way traditional banks and FIs do business or a need for disruptive technologies to come to market faster than banks can offer. Deals were made with B2B invoicing and payments firm Viewpost, as well as health care blockchain company Gem and natural language search technology company ClearGraph.

article thumbnail

How APIs Are Helping FIs Meet SMBs’ Payment Needs

PYMNTS

This complicated process can involve everything from accounting and invoicing software to bank accounts. Today’s financial institutions (FIs) no longer need to worry about solely addressing all their clients’ financial-related needs, however. Managing these steps in separate systems can be friction-filled, Haider said.

article thumbnail

In Payments Automation, Don’t Forget Accounts Receivable

PYMNTS

In B2B payments, accounts payable automation is a hot topic, as are the challenges AP professionals face when it comes to paying suppliers and managing the data from those transactions. It can automate credit checks for buyers and streamline the invoice and payment dispute process, the report said.