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B2B Tech Seeks To Connect Buyers And Suppliers Amid Market Volatility

PYMNTS

This week's roundup of the convergence of accounts payable (AP) and accounts receivable (AR) takes a look at how B2B payments solution providers are considering both buyers and suppliers as a result of the pandemic. PayMyTuition Meshes Education Vendor Management With AP. Paymerang Eyes The Supplier's Role In AP.

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PayMyTuition Rolls Out B2B Supplier Payments Module

PYMNTS

To reshape how schools handle global business payments, payment processing provider PayMyTuition has rolled out an international vendor management module. Our innovative vendor management module will enable institutions access to a suite of international payment solutions that are directly integrated into their ERP and AP systems.”.

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NACHA Taps AeroPay Express As B2B Payments Partner

PYMNTS

NACHA has tapped AeroPay Express as its newest Preferred Partner for B2B Electronic Payment Enablement, the organization said Thursday (Sept. The group is focused on addressing issues like payments friction and access to cash flow, as well as security and risk management of ACH payments.

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BNY Mellon Partners With Early Warning Services For Faster Payment Times

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Bank of New York (BNY) Mellon has announced a new partnership with risk and payments solution provider Early Warning Services , aiming to boost digital B2B payments services for clients. With the new updated solution, BNY Mellon will let clients validate statuses and owners of accounts in real time across the U.S.

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How To Fix The B2B Payments In India

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And India, where PayMate is based and does business in the B2B space, is not, yet, an exception to that rule. There are sophisticated payment rails capable of moving money instantly, he noted, and when a buyer wants to pay a supplier that payment will route directly from one bank account to another. Building The Win-Win .

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Auditoria Debuts New Automation Features For Corporate Finance

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There are three new features — Intelligent Collections, Intelligent Vendor Management and Intelligent Planning — which are intended to remove time-wasting steps and friction and improve cash flow for corporate finance teams, the release stated.

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

PYMNTS

As more technology emerges to sit between a company’s accounts payable (AP) platform and its vendor’s accounts receivable (AR) portal, service providers are looking to ease friction in a multitude of ways, from accelerating payments and cash flows to easing contract negotiations. Crowdz Pilots Invoice Crowdfunding.