PYMNTS

JULY 16, 2020

Force-fitting a B2C-based eCommerce platform for a B2B sales context can mean a lack of payments features corporates need, like the ability to facilitate check transactions and establish custom payment terms. . Payments workflows are a particularly large hurdle in this space. ”

B2B 59

B2B eCommerce B2C Accounts Payable 59

PYMNTS

MAY 27, 2020

One strategic way of accomplishing this, explained Melnikovs, is to marry payment acceptance with eInvoicing, a function that he said often benefits the B2B commerce space even more than B2C. For the corporate buyer, this combination optimizes their own internal processes.

B2B 71

B2B B2C Reconciliations eCommerce 71

PYMNTS

NOVEMBER 22, 2016

The company offers both B2C and B2B solutions but has recently fixed its eye on the corporate payments space. “Things like digital invoicing, virtual cards and cloud-based finance and accounting will help the bottom line of smaller businesses by enabling them to process and receive payments quickly,” he stated.

B2B 65

B2B B2C Vendor Management Reconciliations 65

PYMNTS

SEPTEMBER 12, 2019

Throw omnichannel B2B offerings into the mix – online and brick-and-mortar – and things get even more complicated when it comes to invoicing, reconciliation and even knowing where and when funds will hit accounts amid day-to-day commerce. The key is standardizing payments, money flows and invoicing. The Platform Model.

B2B 45

B2B Accounts Payable Invoicing B2C 45

PYMNTS

AUGUST 15, 2018

However, accounts payable (AP) service providers have more on their plate than simply making it easier for companies to pay their invoices digitally. For example, the B2B payments space has similar needs to the B2C and P2P arenas in terms of functionality, user-friendliness and data sharing requirements.

B2B 40

B2B Accounts Payable B2C Reconciliations 40

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. percent CAGR, versus 5.8

B2C 40

B2C B2B eCommerce Reconciliations 40

PYMNTS

DECEMBER 29, 2020

B2B payments are messier than B2C payments," said Chanda. You have invoice aggregation, multiple account numbers with vendors, short payments, disputes and credit memos.". Chanda pointed to AI that can automatically "read" and collect data from an invoice, for instance, or RPA to automatically apply cash when funds have been received.

B2B 114

B2B Reconciliations Accounts Payable Invoicing 114

PYMNTS

NOVEMBER 3, 2020

Everlink, FINTAINIUM Team Up To Offer Real-Time B2B, B2C Payments. Everlink Payment Services is teaming with workflow solutions provider FINTAINIUM to offer B2B and B2C payments in real time, leveraging the ISO 20022 global standard, according to a press release. They can also assess ongoing credit quality.

Credit Risk 88

Credit Risk B2B Accounts Payable B2C 88

PYMNTS

NOVEMBER 24, 2020

While the business-to-consumer (B2C) eCommerce boom has arguably already occurred, the global pandemic is introducing a second wave of digital commerce adoption. But this isn't a trend reserved for the B2C space anymore. But this isn't a trend reserved for the B2C space anymore. Tailoring For Unique Needs.

B2B 72

B2B eCommerce B2C Reconciliations 72

PYMNTS

DECEMBER 30, 2020

That's especially true, he told PYMNTS , when it comes to capturing data from purchase orders and invoices to accelerate document processing and reconciliation. There is also the rise of "pay-one, pay-all invoices," which sees businesses able to batch together outstanding invoices and pay them all at once to save time and money.

B2B 119

B2B Accounts Payable Invoicing B2C 119

PYMNTS

OCTOBER 2, 2019

As a result, he predicted that the entrenchment of faster payments will be a linear progression that moves from consumer-to-consumer (C2C) to consumer-to-business (C2B), then to business-to-consumer (B2C) to business-to-business (B2B). So, from the beginning, start with the individual consumer. The Low-Hanging Fruit.

B2C 81

B2C B2B Accounts Payable Invoicing 81

PYMNTS

OCTOBER 2, 2019

especially, bill payments are proving to be valued by consumers and B2C transactions, as the gig economy and insurance disbursements are a strong use case for Citi’s clients. That’s not to say instant is not making an impact — and there is a natural progression at work. In the U.S.,

Cash Management 63

Cash Management Reconciliations Treasury B2C 63

PYMNTS

JULY 25, 2019

Such solutions can facilitate the transmission of crucial payment data, and several players in the space have recently looked to enable smoother reconciliation processes via such services. These connections enable information such as purchase orders, invoices and invoice receipt confirmations to easily move between suppliers and their buyers.

B2C 64

B2C Invoicing Reconciliations B2B 64

PYMNTS

JUNE 9, 2017

Though that’s critical for a number of reasons – cash management and predictability, accounting and reconciliation, and reducing data-entry errors – combatting fraud may stand to gain the most from more sophisticated accounting data management practices. The firm provides payout capabilities in addition to invoicing and tax solutions.

Accounting 43

Accounting Technology Accounts Payable Invoicing 43

PYMNTS

MAY 25, 2018

He continued, “When it comes to payment, almost every B2B customer expects to get an invoice that implies some type of credit terms. According to Spear, business-to-consumer (B2C) commerce has become a driving force in today’s B2B customer expectations.

B2B 40

B2B eCommerce Accounts Payable B2C 40