PYMNTS

NOVEMBER 22, 2016

Companies that need to prepare for the holidays often up their spending while waiting longer to see their invoices settled, the report said. “As banks concentrate on providing overdrafts to large businesses, SMEs have had to look elsewhere to support their short-term funding needs,” the executive stated.

Banking

PYMNTS

JUNE 15, 2020

Businesses across Asia are grappling with a surge in overdue payments and invoices, a new report finds. More than half — 52 percent — reported they are now waiting on payments from customers with overdue invoices, a more than 40 percent increase over 2019.

Invoicing

PYMNTS

OCTOBER 5, 2017

According to Starling Bank Founder and Chief Executive, Anne Boden, corporate banking and business lending is a market that has been “highly concentrated with a few big players for too long.” In an interview with the publication, Anne Boden also offered a few details about what the B2B service will look like.

Banking

PYMNTS

AUGUST 5, 2020

Employees were putting down their credit card to buy everything from travel to software subscriptions — things that would normally be done in procurement on an invoice were now being put on a personal credit card and funneled through the expense report.” ”

SAP

Global Finance

JULY 26, 2024

Clients in Brazil and Mexico can optimize working capital with Intelligent Receivables—powered by artificial intelligence—a collections tool and invoice matching tool that achieves straight-through processing metrics into the 80-90 percentile range.

Cash Management

PYMNTS

MAY 29, 2018

The bill is being introduced as an amendment to the National Defense Authorization Act, and also takes some cues from the Accelerated Payments for Small Business Act of 2018, which requires all government entities to pay small suppliers within 15 days of receiving invoices. That’s a marked change from the 30-day terms currently in place.

Construction

PYMNTS

AUGUST 25, 2016

24), provides an array of digital solutions for corporate treasurers, including internal transfers, reconciliation and invoice matching. Doing so, the company said in its announcement, means “cross-border transactions and multi-entity cash will be concentrated in one place.”

Treasury

PYMNTS

MAY 13, 2016

Reports on Thursday (May 12) said Tesco created one group to manage invoices and another to manage new supplier onboarding. By building trusted transparent partnerships, we want to free up our suppliers to concentrate on what they do best. According to reports, Tesco works with more than 5,000 suppliers. Use their expertise.

Invoicing

PYMNTS

SEPTEMBER 16, 2020

SMEs remains a highly concentrated industry, with the majority of business current accounts (BCAs) still provided by a small group of the largest banks," said Countingup Founder and CEO Tim Fouracre in a statement. Banking and accounting for U.K.

Banking

PYMNTS

SEPTEMBER 5, 2019

market for its decision, which will take effect immediately as it focuses on other loan products, including asset finance and invoice finance for small and medium-sized businesses. Reports in Verdict.co.uk on Wednesday (Sept. 4) said the U.K. company pointed to volatility in the U.K.

Finance

PYMNTS

MARCH 10, 2016

Banks need to begin not only helping smaller business customers with financing but with a higher level of services, like invoicing, supply chain management, cash management, automation and the like. Banks are concentrated so heavily on the top end; they kind of conveniently put everyone else into a single bracket,” Rayfield added.

Banking