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Report: Overcoming Cross Border Invoice Complexities

PYMNTS

Old-school business-to-business (B2B) transaction methods like sending and waiting on checks and physical invoices are more difficult to stick with now that many offices are closed and financial teams are working from home. Businesses have gone back to the drawing board to rethink their payments approaches during the COVID-19 pandemic.

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How AR-AP Connectivity Works To Deepen Buyer-Supplier Ties

PYMNTS

Crowdz Pilots Invoice Crowdfunding. With its new platform InvoiceXchange, B2B payments and invoicing company Crowdz has begun enabling its business clients to crowdfund their unpaid invoices as an alternative to traditional trade financing products. Vroozi, Stratas Embrace Vendor Collaboration.

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Maximizing Value: The Significance of Spend Management for CFOs of Private Equity Backed Companies

E78 Partners

Maintain Accurate Inventory : Maintaining an accurate inventory of invoiced items is central to spend management. Establish Vendor Management Protocols : CFOs should establish clear vendor management protocols, including thorough due diligence, contract negotiation, and performance evaluation.

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Even Fleet Saw Some Action From B2B FinTech Investors

PYMNTS

Accrualify provides procure-to-pay solutions, including vendor management, accounting, spend management and other features, looking to fill gaps left by other P2P solutions. The firm provides add-on services, including invoice automation, payments, purchase order management and accrual management.

B2B 43
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How To Fix The B2B Payments In India

PYMNTS

It isn’t paper free in many cases, because invoices are still drafted on them. That’s why the PayMate platform, built on top of the fast and secure payments rails in India, can layer on services like vendor management, vendor payments, customer payments , invoicing, supply chain financing options and terms marketplace.

B2B 48
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Google And Facebook Scammed Out Of $100M

PYMNTS

We detected this fraud against our vendor management team and promptly alerted the authorities,” a Google spokesperson said. “We The DoJ alleges that the man, Evaldas Rimašauskas, used a business email compromise (BEC) scam to trick Facebook and Google into paying fake invoices, impersonating manufacturer Quanta Computer.

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Procurement Is Ground Zero For Cybersecurity Protection

PYMNTS

Then, there are events like the Target breach, a security lapse rooted at one of the retailer’s suppliers, that resulted in millions of dollars in costs to the company. Earlier this month, FICO revealed plans to roll out a new kind of score: the Enterprise Security Score.