PYMNTS

NOVEMBER 18, 2020

Delivering funds smoothly to employees in different nations is therefore essential, and it may require firms to migrate from paper checks to digital tools, especially those that suit the needs of employees who do not have bank accounts. Around The World Of Smarter Payments. Deep Dive: How Prepaid Cards Ease Employees' Payroll Pains.

Accounts Payable 88

Accounts Payable eCommerce Leverage Retail 88

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.

B2B 59

B2B eCommerce B2C Accounts Payable 59

PYMNTS

SEPTEMBER 24, 2020

Accounts payable (AP) teams are now taking a fresh look at the potential of tools such as virtual cards to ease their transaction frictions. Amazon reportedly lost $19 million to a scheme that allegedly saw vendors deliver and bill the company for items well in excess of what the eCommerce giant had ordered.

Accounts Payable 107

Accounts Payable Construction B2B Pharmaceutical 107

PYMNTS

AUGUST 24, 2020

The eCommerce conglomerate issued a press release late last week announcing its cooperation in the investigation and prosecution of the individuals charged by the United States Attorney's Office for the Southern District of New York.

Invoicing 119

Invoicing B2B Accounts Payable Securities 119

The Finance Weekly

NOVEMBER 8, 2022

From accounting and payroll management to budgeting and forecasting, finance is the reason and numbers behind every bit of data that passes through the organization. Here are the 7 best finance software solutions broken down into different categories: 1) Accounting. Perhaps there is no bigger name in accounting than Intuit.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Finance Accounts Payable Invoicing 98

PYMNTS

DECEMBER 30, 2020

Accounts payable (AP) departments were no longer in the office to cut paper checks, and accounts receivable (AR) personnel were no longer in the office to receive them. Yes, many organizations shifted the needle away from the paper check toward ePayment tools like commercial cards and ACH as a result of necessity.

B2B 119

B2B Accounts Payable Invoicing B2C 119

PYMNTS

APRIL 14, 2020

Criminals are sending emails that pretend to be from executives and which instruct accounts payable (AP) department employees to send funds into bank accounts that actually belong to the thieves, for example. Businesses therefore must be on high alert.

Accounts Payable 119

Accounts Payable B2B Transportation Manufacturing 119

PYMNTS

NOVEMBER 10, 2020

Digitization has soared to the top of chief financial officers' priority lists, and as corporates enhance their accounts payable (AP) and accounts receivable (AR) workflows with automation, these modernization initiatives are ushering in a deeper convergence between the AP and AR functions. "I

B2B 79

B2B Accounts Payable eCommerce Accounting 79

PYMNTS

OCTOBER 16, 2020

Venture capital funding landed at startups focused on accounts payable (AP) and cybersecurity this week — with one payables startup raising $23 million in funding. Venture capital funding landed at accounts payable (AP) and cybersecurity technology firms, among other innovators that raised money this week.

B2B 69

B2B Accounts Payable Management Consulting Startups 69

PYMNTS

OCTOBER 5, 2020

The walls are coming down between accounts receivables and payables between buyers and suppliers in a $120 trillion global commercials payments market. In many cases, enterprises have had to build out eCommerce operations to connect with buyers and suppliers in new (touchless, paperless, work-from-home) ways.

B2B 137

B2B Accounts Payable eCommerce Accounting 137

PYMNTS

JULY 17, 2020

Several B2B FinTechs topped the list in Q2, however, including commercial card startup Brex, which raised $150 million, as well as global business account service provider Airwallex with $160 million and small business alternative lender Fundbox with a $200 million raise — the largest of the quarter. TradeDepot. ’s Ravelin secured $20.6

B2B 90

B2B Investments Accounts Payable Startups 90

PYMNTS

MAY 13, 2020

Accounts payable (AP) tools that provide quick, detailed oversights of businesses’ financial statuses and payments obligations can help pick up the pace of payments by keeping invoice approval processes on track. Download the Tracker to read the Deep Dive. About The Tracker .

Invoicing 79

Invoicing Accounts Payable B2B Budgeting 79

PYMNTS

FEBRUARY 10, 2020

.” SnapPay handles the accounts receivable (AR) and accounts payable (AP) processes of large and mid-sized companies. “Improving working capital is a top priority for most businesses,” said Suhas Gosavi, senior vice president of B2B payments and eCommerce at Fiserv.

SAP 67

SAP B2B Accounts Payable B2C 67

PYMNTS

SEPTEMBER 2, 2020

To tackle this friction, Touchland launched its own B2B eCommerce platform , a project that Krafcik noted had to take into consideration both the unique demands of corporate buyers amid a pandemic, as well as the long-term requirements of corporates shifting away from sales reps and toward digital commerce platforms. "The

B2B 76

B2B eCommerce Accounts Payable Sales 76

PYMNTS

DECEMBER 23, 2019

India-based accounts payable automation company Finly has announced new funding as it plans to expand its B2B product offering, reports in YourStory said Monday (Dec. Veekshith Rai, Finly chief operating officer and co-founder described Finly’s strategy to differentiate itself in India’s growing B2B FinTech market.

Startups 52

Startups Accounts Payable Securities B2B 52

PYMNTS

SEPTEMBER 8, 2020

Yet the impact of B2B payments digitization has a ripple effect that reaches far beyond the accounts payable and accounts receivable department. "Electronic payments and digital business processes have been fast-forwarded by as much as 10 years in the last few months.".

B2B 86

B2B Accounts Payable Accounting eCommerce 86

PYMNTS

JANUARY 24, 2020

With GPS functionality to help managers gain a holistic view of their sales rep teams, and integration with ERP and accounting platforms to manage finances, Skynamo attracted a $30 million investment from Five Elms Capital, the company said this week. The $pence 90 million euro ($99.5 AvidXchange.

B2B 79

B2B Accounts Payable Startups Investments 79

PYMNTS

APRIL 9, 2020

Traditional purchasing, which occurs when corporate buyers call in orders and receive paper invoices via postal mail, is being replaced with newer methods that have buyers shopping on B2B eCommerce platforms or automatically sending purchase order details directly to vendors through digital channels. eCommerce Sites and Client Portals.

B2B 66

B2B Invoicing Accounts Payable eCommerce 66

PYMNTS

DECEMBER 2, 2016

But the largest venture capital funding round went to an accounts payable automation firm in the U.S. Indeed, the last two weeks were dominated by small, early-stage investments staggered across a variety of industries, from T&E to alternative lending to B2B eCommerce. B2B eCommerce. with an $18 million investment.

B2B 53

B2B Accounts Payable Startups eCommerce 53

PYMNTS

MAY 25, 2018

According to Spear, every transaction between business partners must be integrated into each side’s back-office systems, and companies expect that suppliers will push out data that can be automatically collected and reconciled in accounting, ERP and other systems.

B2B 40

B2B eCommerce Accounts Payable B2C 40

PYMNTS

JANUARY 18, 2021

Reports in Boss Hunting said two brothers based in New York are accused of committing fraud with the eCommerce conglomerate by posing as a legitimate B2B wholesaler. . $19 million in shipping scams hit Amazon , according to U.S. Homeland Security investigators. Department of Justice. business director, reports in Euro Weekly News said.

Invoicing 87

Invoicing Accounts Payable B2B Securities 87

PYMNTS

APRIL 10, 2020

With staff shortages caused by the pandemic, however, the eCommerce firm is pausing the offering. COVID-19 Stimulus Money Could Show Up In Consumer Bank Accounts Today. The accounts payable (AP) process, to a large extent, remains stuck in a predigital time and is governed by checks as well as paper-based invoices.

Healthcare 86

Healthcare Accounts Payable Invoicing eCommerce 86

PYMNTS

AUGUST 18, 2017

Further adding to that complexity is the fact that enterprises today operate on the global stage since eCommerce makes it easier than ever to sell across borders. Managing any company’s books can be quite complicated. Depending on the size of the organization, it can be daunting. and overseas.”.

Accounts Payable 46

Accounts Payable Invoicing Compliance Auditing 46

PYMNTS

MAY 1, 2020

It was a niche B2B eCommerce platform for the architecture and design arena, however, that landed the most funding. Targeting small and medium-sized businesses, Wise offers checking accounts, Visa debit card push payments, bank transfers, check payments, invoicing and a Wise Card reader to help SMBs pay and get paid. Material Bank.

Banking 66

Banking B2B Accounts Payable eCommerce 66

PYMNTS

APRIL 3, 2019

Separately, Bill.com , in addition to securing $88 million in financing, has launched a partnership with Mastercard to speed up accounts payable for joint business customers. During the second quarter, the company will enable payments to more than 14 countries spanning the U.S., Canada and Asia.

Accounts Payable 92

Accounts Payable B2B Banking Invoicing 92

PYMNTS

JUNE 11, 2020

Now that businesses have gotten a taste of what it means to automate workflows like invoicing, accounts receivable (AR) and cash management, they’re likely never turning back. But for accountants and AR departments, this integration strategy can go even further. Noticeable Change. Interconnected Finances.

Cash Management 60

Cash Management Invoicing Accounts Payable B2B 60

PYMNTS

NOVEMBER 3, 2020

The company has connected its SecurePay payment gateway solution within the accounting platform, allowing for SMBs to generate invoices and receive payment without having to leave QuickBooks. For The OLB Group, that meant the recently announced integration of billing and payment gateway functionality within QuickBooks.

Invoicing 60

Invoicing B2B Accounts Payable eCommerce 60

PYMNTS

SEPTEMBER 18, 2020

“One example of us receiving paper checks would be [from] a really small organization that is a customer, [and] it just so happens that is how they do all of their bookkeeping and their payments, accounts payable and accounts receivable,” said Benoit.

Accounts Payable 96

Accounts Payable Sales B2B Retail 96

PYMNTS

JANUARY 15, 2021

Yet for sleep supplement and coaching eCommerce company Proper , the experience of wading through the pandemic was far from typical. eCommerce businesses across the board, in all different industries, have seen delays — even eCommerce organizations as big as Amazon,” said Lee.

Startups 66

Startups Accounts Payable eCommerce Planning 66

PYMNTS

JULY 24, 2019

If the last mile of eCommerce lies with logistics — getting goods where they need to go — the “last mile” in digitizing payments processes may lie within payments automation. Managing cash flow, after all, is a balancing act between cash in (being paid) and cash out (making payments). Clearing the Hurdle.

Accounts Payable 57

Accounts Payable B2B Invoicing eCommerce 57

PYMNTS

AUGUST 3, 2016

The event, sponsored by American Express, focused on the ways health care organizations can manage the exit of paper, manual-based accounts payable processes and progress into digital B2B payments. “Our eCommerce program moved the needle dramatically in terms of our speed-to-pay.”

Accounts Payable 40

Accounts Payable B2B CFO Education 40

PYMNTS

JANUARY 7, 2021

Plus, Udaan lands funding for B2B eCommerce technology, Kofax collaborates on AP automation and Bringg partners for B2B delivery. Udaan Raises $280 Million for B2B eCommerce in India. Indian B2B eCommerce platform Udaan said it raised $280 million in additional funds as of Wednesday (Jan.

B2B 66

B2B Banking Invoicing Accounts Payable 66

PYMNTS

DECEMBER 27, 2019

Mastercard: Holiday eCommerce Nearly 15 Pct Of Retail Sales. Digital payment innovations such as RTP have given businesses more options to improve slow accounts payable (AP) processes. Retail sales hit record highs this holiday season, thanks to massive growth in online spending, which was up 18.8 percent from last year.

Sales 52

Sales Retail Accounts Payable Foreign Exchange 52

PYMNTS

NOVEMBER 4, 2020

Expense management and accounts payable (AP) automation solution provider Emburse is rolling out new card solutions designed to help organizations manage their travel spend. Targeting eCommerce startups, commercial card company Brex has revamped its rewards program. Emburse Debuts T&E Cards. Brex Beefs Up Rewards Program.

Mergers and Acquisitions (M&A) 64

Mergers and Acquisitions (M&A) Accounts Payable Banking B2B 64

PYMNTS

JANUARY 19, 2018

The platform can enhance automation of processes like accounts payable, accounts receivable, eInvoicing and cash flow management, the firms said. “We

B2B 54

B2B Accounts Payable eCommerce Banking 54

PYMNTS

JANUARY 17, 2018

ERP, P2P, those who are helping these companies go public, eCommerce and marketplace processing and gateways: There’s a monster ecosystem of folks in this space,” Israch said. Israch said he’s observed increased adoption and momentum for AP (accounts payable) automation and cross-border needs — and not just at his own company.

Accounts Payable 40

Accounts Payable Auditing B2B CFO 40

PYMNTS

JANUARY 14, 2021

Today in B2B payments, Citi announces its news Treasury and Trade Solutions (TTS) head, while Rho lands new funding and adds accounts payable to its business banking technology. Plus, Medius collaborates on invoice management, TravelPerk acquires NexTravel, and Sweep lands funding for T&E tools. Sweep Raises $1.2

B2B 56

B2B Accounts Payable Banking Invoicing 56