PYMNTS

JULY 23, 2020

The goal is to provide a better user experience for invoicing and a reduced risk of fraud. GEP SMART is the cloud-processing program that helps go through millions of invoices per year, and by setting it aside, it could become the first step for many companies to digitize their processes — a popular move to make amid the new pandemic economy.

Accounts Payable 56

Accounts Payable Invoicing Reconciliations B2B 56

Bramasol

JUNE 30, 2023

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 76

SAP B2B Leverage Analyzing Data 76

PYMNTS

NOVEMBER 20, 2020

While expanding internationally is the easy part, the challenge often comes in the back-office financials like invoicing , cross-border payments, accounting and reconciliation. Come auditing and tax time, maintaining compliance with all of the varying local regulations across different geographies adds an extra layer of complexity.

Mergers and Acquisitions (M&A) 61

Mergers and Acquisitions (M&A) Foreign Exchange Reconciliations Currencies 61

PYMNTS

MARCH 4, 2020

The boom in B2B FinTech has introduced a flurry of new solutions and platforms from which corporates and small businesses can choose. For example, he pointed to multinational corporates’ need for tax provisioning and transfer pricing solutions to promote efficiency and compliance across borders. The ERP’s Role in a FinTech World.

Cash Flow Forecasting 104

Cash Flow Forecasting Accounts Payable General Ledger Corporate Finance 104

PYMNTS

JUNE 17, 2020

Once booked, the trip can be paid for via the Expensify Card, with transaction details automatically captured for reconciliation and reporting. Amadeus B2B Wallet Expands Functionality. The integration also supports automated reconciliation and cash flow management, the companies noted in a press release.

Reconciliations 67

Reconciliations Accounts Payable Risk Analysis B2B 67

PYMNTS

DECEMBER 4, 2017

Boost Payment Solutions is one company that seeks to bring electronic payments to the B2B realm, as both an acquirer and a FinTech with an exclusive focus on commercial credit cards. That bridge, he said, is lacking in the B2B payments industry, where inefficient payment methods abound. “We In an interview with PYMNTS, Dean M.

B2B 40

B2B Invoicing Reconciliations Accounts Payable 40

PYMNTS

MAY 13, 2020

Preserving trade flows of particular importance in the healthcare sector today, with cross-border B2B payments essential to this effort. Paving Way For Faster B2B Payments. In all cross-border B2B payment scenarios, transparency is also critical to promoting efficiency. to multiple vendors in China to facilitate PPE procurement.

Healthcare 81

Healthcare B2B Foreign Exchange Nonprofit 81

PYMNTS

JULY 2, 2020

Some businesses are only just beginning their commercial card journeys as part of a broader push to digitize B2B payments. Firms might already be using their cards for corporate travel spend or micropayments, but may rarely use the payment tool to settle supplier invoices. Optimizing Card Spend.

Economics 104

Economics Accounts Payable B2B Reconciliations 104

PYMNTS

FEBRUARY 19, 2020

According to Mastercard Executive Vice President of New Payment Flows Ronald Shultz, the survey results are promising for the real-time B2B payments landscape. For corporate recipients, the value proposition of data transmission is a clear means of promoting streamlined reconciliation. Who are they going to call?

Accounts Payable 114

Accounts Payable Invoicing Reconciliations B2B 114

PYMNTS

APRIL 10, 2019

Corporates’ biggest procure-to-pay challenges often center around the friction of streamlining data flows and the movement of money, from sourcing and purchase order submission to invoice payment and reconciliation. ” Electronic invoicing requirements are one example of markets’ heightening focus on tax compliance.

Compliance 55

Compliance Invoicing Auditing Accounts Payable 55

PYMNTS

MAY 18, 2017

Many payment providers are set up to aid transactions on a low value, low volume basis, Althaus said, “but as the size of cross-border payments gets into the thousands, tens of thousands and hundreds of thousands of dollars, this opens up a whole other level of complexity from the view of compliance” and the process of moving money.

Invoicing 59

Invoicing B2B Reconciliations Currencies 59

PYMNTS

JANUARY 19, 2017

Corporate payments company Optal struck a new partnership to streamline B2B payments in the construction sector. Optal will implement its payment solution onto WebContractor to accelerate and streamline B2B payments for the industry, the companies said in their announcement, making for more efficient payments to subcontractors.

Construction 43

Construction B2B Reconciliations Invoicing 43

PYMNTS

APRIL 3, 2020

There is a lot to consider, said Manish Vrishaketu, chief operating officer at supplier payments automation firm Tipalti , from vendor onboarding processes to tax compliance across borders. ” From Onboarding to Compliance. . ” From Onboarding to Compliance.

Accounts Payable 52

Accounts Payable Reconciliations Compliance Invoicing 52

PYMNTS

DECEMBER 8, 2016

businesses are attracted to digital invoicing for a slew of financial benefits: faster, more efficient accounts payable and reconciliation processes, a reduction in the threat of errors due to manual data entry and ability to capture early payment discounts thanks to an accelerated invoice management process. In the U.S.,

Accounts Payable 64

Accounts Payable Invoicing Compliance Reconciliations 64

PYMNTS

DECEMBER 5, 2019

Many of those pain points are, by now, well-known in the B2B payments space. FinTech’s attraction to solving B2B payments and corporate spend friction has been instrumental in highlighting and addressing many of these widespread pain points. Spend Friction, From Employee Spend To AP. Where Banks Fit In Problem-Solving.

Accounts Payable 52

Accounts Payable B2B Problem Solving Nonprofit 52

PYMNTS

MAY 6, 2019

In addition, card payments require compliance with the Payment Card Industry Data Security Standard, which can be expensive to maintain. Push payments’ simplicity can also streamline reconciliation in B2B situations. Payment data is sent alongside push payments, however, providing more rapid reconciliation. .

B2C 44

B2C Reconciliations Invoicing Securities 44

PYMNTS

MAY 26, 2016

In an announcement on Wednesday (May 25), Tipalti revealed the rollout of an expanded AP platform that introduces new features for users, including invoice management, supplier onboarding, payment and reconciliation services. ” The executive added that Tipalti’s new AP platform provides “unmatched automation.”

Accounts Payable 41

Accounts Payable Invoicing Reconciliations Compliance 41

PYMNTS

SEPTEMBER 20, 2018

Requirements around the recording of digital data — for instance, newer rules on Hours of Service records and electronic recording of drivers’ hours worked — have industry players adopting tools to maintain compliance. On-time invoice payments are “always a challenge,” Cook said.

Accounting 63

Accounting Invoicing Accounts Payable Transportation 63

PYMNTS

JUNE 15, 2018

The cost of technology has lessened, though, opening the door for SMEs to bring bits and bytes to supply chains – lessening reliance on manual processes and invoices of the paper kind, thus eliminating errors. Auto bank reconciliation will also be available to SMEs. And the trend is increasingly international in scope.

Compliance 46

Compliance Reconciliations Invoicing Banking 46

PYMNTS

NOVEMBER 1, 2017

“The persistence of non-corporate methods like cash, supplier invoices, personal cards or company cash advances may reflect the prevalence of infrequent and non-employee travel,” Sanchez explained. The report also uncovered a lack of visibility into company credit card use.

Reconciliations 53

Reconciliations Invoicing Compliance Finance 53

PYMNTS

JULY 6, 2017

We deliver everything they need to move money directly into a consumer’s account — from processing, risk management, compliance, settlement, reconciliation and more — behind a simple API and SaaS platform,” said Edwards. Push payments that enable accelerated access to funds aren’t limited to consumer lending, either.

Risk Management 40

Risk Management Reconciliations Invoicing Compliance 40

PYMNTS

APRIL 12, 2016

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.

Nonprofit 40

Nonprofit Accounts Payable Reconciliations Cash Management 40

PYMNTS

NOVEMBER 3, 2020

Today in B2B, Bloomberg broadens its credit risk data pool, and two ERP solutions secure B2B payments integrations. Plus, Everlink strikes a partnership for real-time B2B payments. Everlink, FINTAINIUM Team Up To Offer Real-Time B2B, B2C Payments. Palette Software Integrates With Aptean ERP For B2B AP Automation.

Credit Risk 88

Credit Risk B2B Accounts Payable B2C 88

PYMNTS

JUNE 15, 2018

With the B2B eCommerce market towering over B2C’s in terms of transaction value — Forrester Research estimates the U.S. But the reconciliation, security, payment terms and buyer-supplier relationship do not mean one size fits all for B2B transactions initiated on an eCommerce platform. They want to combine them.”

B2C 40

B2C B2B eCommerce Reconciliations 40

PYMNTS

SEPTEMBER 12, 2018

12) that it is unveiling a digitized B2B platform geared toward global trade conducted by small and mid-sized businesses. Mastercard said digitization has occurred in other parts of the B2B continuum, but that administrative activities, costs and transactions are still inefficient.

B2B 41

B2B Reconciliations Compliance Invoicing 41

PYMNTS

FEBRUARY 7, 2020

Between a continued reliance on legacy tools and a rising demand for data capture, integration and analytics, making a single B2B payment faces no shortage of obstacles. “When you talk about B2B payments, the actual transfer of the money is just a small part of the story,” he said. The Telco Use Case.

B2B 40

B2B Compliance Pharmaceutical Reconciliations 40

PYMNTS

MAY 3, 2018

Cross-border B2B payments is a large and growing market. trillion world of cross-border B2B payments. Unfortunately, “regulation and compliance issues alone could stymie businesses out of cross-border expansion,” Massaro said. As of 2017, the space was valued at $18.5 Solving for Speed, Timing and Price.

B2B 40

B2B Reconciliations Invoicing Currencies 40

PYMNTS

JULY 31, 2017

Considering SMEs the world over are struggling with adopting electronic payments and invoicing, Indian companies are certainly facing a challenge. In India, like in many other parts of the world, paper checks are also a common B2B payment method. The best mechanism for SMEs to get paid is simply through an online mode,” he said.

Invoicing 40

Invoicing B2B Accounts Payable Cash Management 40

PYMNTS

FEBRUARY 13, 2018

A chief financial officer and his or her team can not only spend hours managing B2B payment operations, but employees can also introduce risk into every step along the way. Software that manages invoices has existed for decades, but Tipalti takes an alternate approach: Its offering automatically processes the payments. “If Sub-Brands.

Accounts Payable 41

Accounts Payable Invoicing B2B Startups 41

PYMNTS

MARCH 1, 2018

The B2B ground transportation segment also has to cater to the differing corporate cultures around the world. FlitWays enables individual users to toggle between three different cards on the app, including commercial or personal cards, while it can also facilitate invoicing directly to accounting teams, the executive said.

Transportation 40

Transportation Foreign Exchange Currencies Reconciliations 40