PYMNTS

NOVEMBER 25, 2020

In B2B payments, the path to making transactions as seamless and invisible as possible is often about closing the gap that separates buyer and supplier. While a growing population of B2B FinTech solutions has helped to connect B2B buyers and sellers, more platforms can create more friction on either end of the equation.

B2B 116

B2B Invoicing Reconciliations Treasury 116

PYMNTS

OCTOBER 22, 2020

A perfect storm of market shifts catalyzed by the global pandemic has forever changed the B2B payments landscape. At the broader level, organizations began to fully understand the biggest pain points of their B2B payments workflows — and today, as Lane recently told PYMNTS' Karen Webster, they're also beginning to understand how to fix them.

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B2B Education Reconciliations Accounts Payable 89

PYMNTS

DECEMBER 24, 2020

For years — decades, even — B2B payment leaders and innovators had been talking about the digitization of corporate payments within accounts receivable (AR) and accounts payable (AP) departments. The coronavirus crisis has accelerated B2B payments digitization to new heights. More Work To Be Done.

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B2B Accounts Payable CFO Reconciliations 113

PYMNTS

APRIL 7, 2020

The Transaction Matching software goes hand-in-hand with OneStream’s existing Account Reconciliation. The program can be used for everything from intercompany transactions, accounts payable and receivable, travel and entertainment (T&E) reporting, bank clearing and lockbox to general ledger cash accounts.

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Reconciliations Accounting General Ledger Accounts Payable 56

PYMNTS

NOVEMBER 2, 2020

APS Payments , which works in omnichannel B2B payments, is integrating tech with enterprise resource planning (ERP) product Sage X3 to allow for quick and secure payments, according to a press release. And with APSPays Vault, companies can store information securely and access reporting tools for reconciliation.

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B2B Reconciliations Invoicing Currencies 74

PYMNTS

DECEMBER 28, 2020

And as FinTechs continue to challenge banks, but also offer new opportunities within the B2B space, they’re advancing a corollary to the build vs. buy question: How about partnerships? The question is seemingly an eternal one in the business realm: build vs. buy. Sassone pointed to the fact that half of all U.S.

B2B 86

B2B Accounts Payable Treasury Reconciliations 86

PYMNTS

AUGUST 11, 2020

From a lack of supplier acceptance of electronic payments to outdated infrastructure within accounts payable (AP) departments, the B2B payments ecosystem still has much room for improvement on multiple fronts. Moving the needle in the journey away from paper checks isn’t a one-sided battle, either. An Ecosystem Approach.

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B2B Accounts Payable Reconciliations Healthcare 110

PYMNTS

JULY 28, 2020

Their hesitancy isn’t without reason: CFOs and finance teams can find it a monumental task to overhaul manual systems and processes that have been in place for years — and understanding the first step to B2B payments digitization can be a dizzying task. Strengthening B2B Ties. Expanding The Scope. Monetizing The Virtual Card.

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B2B Reconciliations Accounts Payable Prioritization 70

PYMNTS

DECEMBER 29, 2020

The B2B payments landscape has always been evolving, but change in the industry has never been more acute than right now. But the challenge of igniting B2B payments innovation may not be as arduous as many chief financial officers (CFOs) and others believe, said Josh Cyphers , president of Nvoicepay , a FLEETCOR company alongside Comdata.

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B2B Accounts Payable Invoicing Reconciliations 82

PYMNTS

NOVEMBER 19, 2020

This week’s round-up of the latest innovations in payment rails for B2B payments shows a key focus on real-time transactions and embrace of emerging, faster payment rails. Plus, blockchain makes new inroads in the B2B arena. Transcard Embraces Track for Real-Time B2B Payments. Volante Explores the Real-Time B2B Value Prop.

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B2B Reconciliations Risk Management Compliance 104

PYMNTS

SEPTEMBER 17, 2020

This week's roundup of the convergence of accounts payable (AP) and accounts receivable (AR) takes a look at how B2B payments solution providers are considering both buyers and suppliers as a result of the pandemic. Paymerang Eyes The Supplier's Role In AP.

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B2B Vendor Management Marketing Accounts Payable 92

PYMNTS

JULY 10, 2019

Some of the biggest industry trends, including faster payments, open banking and bank-FinTech collaboration, have found their ways into the Canadian market, the B2B payments space is not immune to disruption from these shifts. Faster Payments. Open Banking. Bank-FinTech Collaboration.

B2B 62

B2B Accounts Payable Mergers and Acquisitions (M&A) Reconciliations 62

PYMNTS

DECEMBER 2, 2020

There’s an imbalance in B2B payments — between buyers and suppliers, and between automation on one side of the cash flow equation and manual, paper-based processes on the other. Aquilina said that’s partly because historically, B2B payments innovation efforts — especially via FinTechs — have focused on buyers. Change Is In The Air .

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B2B Invoicing Accounts Payable Reconciliations 79

PYMNTS

OCTOBER 14, 2020

And he noted, too, that the “verticalization” of B2B is upon us. Deploying the right solutions hearkens back to the “jobs to be done” theory of innovation noted by Webster during an earlier B2B webinar. B2B Verticalization. To see all prior programming on demand, please visit PYMNTSTV and the B2B channel.

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B2B Accounts Payable Reconciliations Economics 97

PYMNTS

JUNE 19, 2020

It was a big week for B2B FinTech startups in Latin America. It’s an attractive market indeed for investors, with not one, but two Brazilian B2B FinTechs making this week’s venture capital roundup. Until then, PYMNTS rounds up the most recent B2B FinTech investment rounds below. Authenticiti.

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B2B Startups Reconciliations Financial Data 73

PYMNTS

FEBRUARY 11, 2020

This integration is intended to make it easier for SMBs to track sales and simplify reconciliation. Increasingly, B2B companies working in the field and along supply chains are servicing their corporate customers and seeking ways to accept payment upon delivery of goods and services.

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B2B Invoicing Reconciliations Sales 83

PYMNTS

MARCH 2, 2020

Late payments are a reflection of a broader challenge in B2B payments: Large corporate buyers can wield their market power with small suppliers that lack leverage to negotiate faster payment terms. But late payments aren’t the only symptom of unequal B2B relationships.

Reconciliations 57

Reconciliations Invoicing B2B Manufacturing 57

PYMNTS

DECEMBER 28, 2020

While 2020 has been a monumental year for B2B payments digitization and innovation, plenty of friction still exists in the way corporate buyers pay their suppliers. A variety of B2B payment tools have stepped up their efforts to address this friction. The Rise Of BNPL. New Payment Models Emerging.

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B2B Invoicing B2C Reconciliations 81

PYMNTS

NOVEMBER 10, 2020

As Scaffidi recently told Karen Webster, uncovering the B2B value of real-time payments is about understanding the broader culture shift that instant payments technology has introduced to the financial services landscape. Uncovering The B2B Use Cases. If you think about a market like the U.K.,

B2B 117

B2B Banking B2C Reconciliations 117

PYMNTS

NOVEMBER 10, 2020

Today In B2B, U.K. challenger bank Tide runs dry of SMB loan funds, while Payer launches an ID verification service for B2B eCommerce platforms. Plus, Just Cashflow collaborates with Railsbank, and HashCash streamlines its B2B payments offering. The yet-to-be-named product will be tested with several B2B merchants.

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B2B Banking Reconciliations Planning 75

PYMNTS

MARCH 6, 2020

A lull in venture capital funding has only a few B2B FinTechs this week securing new investment rounds. In the meantime, PYMNTS gathered up a shortlist of the B2B FinTechs that were able to secure new funding as backers prepare for their next wave of support. The plan is now open for public comment, reports said. Mailprotector.

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B2B Startups Nonprofit Reconciliations 80

PYMNTS

JANUARY 12, 2021

trillion of business-to-business (B2B) payments are transacted in the United States each year through automated clearing house (ACH) payments, checks and wires, with nearly 50 percent of those still occurring through check. The company says that over $18.5

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Treasury B2B Reconciliations Finance 73

PYMNTS

JULY 7, 2020

Speaking with PYMNTS, PayParc Global Solutions Founder Taylan Taspinar discussed the sector’s dire need to upgrade its B2B payments strategy after a yearslong lag in innovation — and why not just data, but industry-specific data, is essential to combatting friction. A World Of Pain Points.

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B2B Reconciliations Banking Numbers 62

PYMNTS

JANUARY 21, 2021

Today in B2B payments, European banks grow wary of small business loans, and Xero collaborates on API bank connectivity. Darin Horrocks, senior vice president, B2B, at REPAY, said the company’s aim has been to assist its clients with streamlining and perfecting supplier payments by automating them using one interface. “We

B2B 85

B2B Banking Reconciliations Currencies 85

PYMNTS

JULY 15, 2020

. “Having experienced continued growth and commitment to its credit union and bank clients during this pandemic, CheckAlt is delighted to work with Tru Treasury to provide our suite of turnkey treasury payment solutions that accelerate payments and simplify reconciliation for credit union members,” he said, according to the release.

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Reconciliations Treasury Nonprofit Banking 52

PYMNTS

SEPTEMBER 22, 2020

The company noted that the product offers a full view and management over business spending in addition to allowing for orchestration, reconciliation and data on spending, according to a Tuesday (Sept. 22) announcement. Mesh focuses on sellers throughout emerging markets, letting these companies link up with business purchasers globally.

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B2B Reconciliations Finance Numbers 73

PYMNTS

DECEMBER 4, 2019

India-based Marg ERP — which provides enterprise resource planning, inventory management and accounting technology to businesses — is reportedly developing an electronic B2B payments platform. ” He added that the beta version of the digital B2B payments platform is now live, with plans to launch the solution across the country.

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B2B Pharmaceutical Reconciliations Retail 52

PYMNTS

JULY 16, 2020

The evolution of B2B eCommerce has historically been driven by the effort to bring a consumer-like experience a-la-Amazon into the corporate procurement world. Yet using the consumer eCommerce framework as the launchpad for digitizing B2B trade isn’t always going to suit enterprise needs. It’s not an unfounded strategy.

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B2B eCommerce B2C Accounts Payable 59

PYMNTS

FEBRUARY 1, 2021

For some companies, that means a migration away from the traditional dealer-distributor model and toward B2B commerce and direct-to-consumer (D2C) strategies. What Citi is working with now, he said, is considering how to empower businesses that are adjusting traditional B2B business models toward a B2C offering through the use of that data.

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B2B Treasury Accounts Payable Cash Management 94

PYMNTS

DECEMBER 16, 2020

EnKash , a digital platform and payment solution provider, has entered into an alliance with Mastercard to expand the usage and acceptance of commercial cards in India and provide a B2B digital payment automation platform, according to a press release.

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Reconciliations B2B Invoicing Compliance 92

PYMNTS

JANUARY 30, 2020

These 16-digit credit card numbers are created for one-time purchases at set amounts, and the convenience, security and speed they provide are allowing them to take hold in the B2B payments space. The following Deep Dive explores how virtual cards benefit B2B payments, especially among smaller firms, which have limited resources.

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B2B Invoicing Accounts Payable Reconciliations 71

PYMNTS

JANUARY 30, 2020

Billtrust , an accounts receivable (AR) automation and B2B order-to-cash solution company, has announced that it’s partnered with Corporate Spending Innovations (CSI) and integrated it into Billtrust’s Business Payments Network (BPN), to help customers automate the delivery of payments to suppliers around the network, according to a release. .

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B2B Reconciliations Invoicing Accounting 60

PYMNTS

SEPTEMBER 9, 2020

The services include Payments on Behalf of (POBO) and Collections on Behalf of (COBO) features, meaning the banks and payments businesses can show sender details while processing B2B payments, according to the company. The IBAN is used for letting companies send and receive cross-border payments in real time.

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B2B Banking Reconciliations Currencies 64

PYMNTS

JUNE 30, 2020

Travel tech companies TravelgateX and PayParc have made a deal to create a B2B digital wallet, operating via API integration and available for any buyer or seller using TravelgateX, a press release says.

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B2B Reconciliations Securities Planning 79

PYMNTS

OCTOBER 5, 2020

In the wake of the pandemic, B2B payments have had to evolve. Yet there’s a wide gulf between considering the great shift to digital B2B payments and actually making the leap. Comdata, she said, has mimicked the flow from claims to invoice to payment to reconciliation.

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Healthcare B2B Reconciliations Accounts Payable 130

PYMNTS

DECEMBER 17, 2019

Paper checks are gradually shrinking their market share in the B2B payments landscape, yet the outdated payment tool remains in-use for up to 80 percent of businesses in the U.S., The other strategy is to migrate to another payment rail, likely Automated Clearing House (ACH), which is quickly climbing the B2B payment ranks.

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B2B Reconciliations Compliance Accounting 52

PYMNTS

JANUARY 9, 2020

When Sabre and Visa announced a new partnership in April to pair Visa virtual commercial cards with the Sabre Virtual Payments gateway , the goals were fairly big: create a virtual B2B travel payments solution that was faster, more secure and more transparent for buyers and suppliers. Expanding The Virtual Payments Playing Field .

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B2B Reconciliations Securities Planning 57