Remove B2B Remove Compliance Remove Financial Data Remove Invoicing
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Payments Initiation Opens The B2B Door For QR Code Payments

PYMNTS

Their use for B2B payments, however, remains limited — but in the U.K., While open banking FinTech innovation has initially focused on opening up bank account data to third party platforms, there is another component to the initiative with major implications for the payments landscape. A B2B Opportunity.

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How Data Guides A New Era For The ERP

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The boom in B2B FinTech has introduced a flurry of new solutions and platforms from which corporates and small businesses can choose. It’s a result, explained Gillette, of the legacy ERP no longer being suited to address the full range of businesses’ diverse financial and process management needs. The ERP’s Role in a FinTech World.

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Corporates Shouldn’t Wait For Regulators To Force eInvoice Adoption

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For much of the world, electronic invoicing is taking off — not only for the benefits it offers, like enhanced cash flow visibility, but largely because jurisdictions are implementing eInvoicing regulatory requirements to crack down on tax evasion. Data from FEDmanager estimates that of the 19 million invoices issued in the U.S.

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Payment Service That Takes Business Personally

PYMNTS

If only commercial (B2B) payments could be as frictionless as retail payments, when consumers pay merchants. That’s an ambition shared by many an entrepreneur who sets out to innovate the massively huge opportunity that awaits in the B2B space. It’s what also drove Mike Galarza to found Entryless. Australia … the U.K.,

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Tracing Supply Chain Payment Delays Back To Data Bottlenecks

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A business may be able to aggregate invoice data, purchase order data, shipment data and so on, but in order to aggregate it and pinpoint exactly where business units are over-paying, and why, would take months without an automated solution. . “As humans, we’re not capable.”

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For Improving Financials, Putting Big Data Into Context Is Key

PYMNTS

More recently, corporate T&E software firm Coupa found that the majority of chief financial officers lack full visibility into company spend. Without a full picture of financial data in context, executives cannot know where to look for a problem, let alone identify one, said Rinke.

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The Virtual Card Case For Nonprofits

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Nonprofits can face greater pressure than their for-profit peers when it comes to compliance. Because virtual cards are just that — virtual — they automate the payment and reconciliation processes, connecting payment data directly into financial systems. Not-For-Profit.