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HighRadius Rolls Out Technology Suite For AR Automation

PYMNTS

The company said that the suite “uniquely positions itself” in a market that is not well-served by providing a cash reconciliation app, eInvoicing and collections app. In addition, the credit risk app automates credit scoring with built-in credit information for more rapid client onboarding.

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HighRadius Hires 20-Year Finance Vet Scott Buxton As CFO

PYMNTS

The suite offers services for cash reconciliation, eInvoicing, collections and credit risk assessment. The partnership will allow merchants using AmEx to utilize the HighRadius integrated platform, which is digital and will help to save time and cut costs.

CFO 64
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Looping Legal Cannabis Into The World Of Trade Credit

PYMNTS

On top of these industry-specific challenges, the legal cannabis space faces the traditional hurdles associated with B2B payments: friction in invoice processing and payment reconciliation, cash flow management challenges, and the disconnect between when buyers want to pay and sellers want to get paid.

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How New B2B Payment Models Tackle The Buyer-Supplier Conflict

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Third-party service providers that can sit between the buyer and supplier, for example, facilitate a payment delay for the buyer while taking on the trade credit risk for the supplier.

B2B 81
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How AR-AP Connectivity Drives B2B Collaboration

PYMNTS

In its announcement , HighRadius said the mid-market is looking for AR solutions that can support teams working remotely with enhanced functionality including “eInvoicing” and cash reconciliation. With a focus on suppliers’ corporate customers, the tool also integrates a credit risk solution. ”

B2B 52
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Today In B2B: ERPs Broaden B2B Payments Capabilities; Bloomberg Broadens Credit Risk Data Pool

PYMNTS

Today in B2B, Bloomberg broadens its credit risk data pool, and two ERP solutions secure B2B payments integrations. Bloomberg To Incorporate Credit Risk Data. The release stated firms have more often been looking for data to validate their own internal counterparty and credit risk assessment.

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Why Banks Need FinTech To Address Their Own Complicated Treasuries

PYMNTS

One of the most crucial areas for banks’ treasuries is risk mitigation , which, according to Beaulande, has become more complex as it relates to other areas of treasury management. Managing liquidity and credit risk are definitely of main concern to FIs.