Remove B2C Remove Invoicing Remove Reconciliations Remove Treasury
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Citi: Accelerated Digital Migration Provides Insights Into B2B Behavior

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If at that time, someone would have asked Citi Managing Director and Global Head of Domestic Payments and Receivables Anupam Sinha how long it would take for corporate treasury organizations to fully embrace digital , he said his answer would likely have been something along the lines of, “Don’t hold your breath.”.

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Deep Dive: AP Processing Delays And How New Payment Innovations Can Help

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Paper-based payment methods such as checks and cash are awkward and cumbersome in either business-to-business (B2B) or business-to-consumer (B2C) transactions. Such legacy payment methods are usually tied to paper-based invoices and manual tracking and reconciliation procedures, which impede payments from being processed in a timely manner.

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Why Real Time Is The Game-Changer For Corporate Cash Pros

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The question for any number of treasury professionals is what lies ahead? Financial institutions and treasury operations would do well to get ready for it all, sooner rather than later. With ongoing shifts in payments, commerce, security and transparency, corporate cash managers have a lot on their plates. In the U.S.,