Remove B2B Remove Financial Data Remove Invoicing Remove Prioritization
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Today In B2B: SBA Releases New PPP Loan Guidance; xSuite Secures Peppol Certification

PYMNTS

Today in B2B payments, the SBA releases guidance for the next round of PPP loans, while xSuite secures Peppol invoice certification. Plus, TripActions announces ERP integrations, FortisPay acquires Swype and Goldiam launches a B2B eCommerce platform in the U.S. Singapore Grants eDoc Firm xSuite Peppol Certification for Invoices.

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Oiling The Many Moving Parts Of Cash Flow Management

PYMNTS

The problem with this strategy, however, is that when every company is looking get paid more quickly but pay their own invoices later, B2B buyers and vendors quickly find themselves in a position in which their own cash flow goals contradict each other. Many Moving Parts. That's error-prone, very static, and takes a lot of time.".

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Newly Funded B2B Startups Get Creative With Enterprise Data

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B2B startups are increasingly building themselves on top of troves of enterprise data, uncovering new ways to unlock and aggregate information across enterprise platforms, and introducing new ways to analyze and make use of that data. million was raised by B2B startups tearing down data silos.

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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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Data Hurdles Keep Accountants From Elevating Their Role

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The B2B FinTech ecosystem has responded to that shift, too, in the form of automated tools that aim not to replace the job of the accountant outright, but to take care of highly manual and tedious tasks that allow accountants to spend more time on value-added services. .

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Will AP Rise To The Challenge As A Strategic Function Of The Enterprise?

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Today, it is able to manage key business partner relationships, cash flow and financial data, and AP technology provides a deeper level of visibility into these areas than ever before, said the VP. InvoiceSmash, for example, was introduced this month with an emphasis on accelerating invoice processing times.

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Integrated Platforms Arm CFOs With The Power To Optimize B2B Payments

PYMNTS

Accounts payable (AP) and accounts receivable (AR) personnel could no longer be in the office to handle paper, giving rise to the discussion of migrating away from physical invoices and other documents in favor of digital, automated solutions. In reality, however, paper continues to circulate in AP and AR departments.

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