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. That's especially true, he told PYMNTS , when it comes to capturing data from purchase orders and invoices to accelerate document processing and reconciliation.

B2B 119

B2B Accounts Payable Invoicing B2C 119

PYMNTS

FEBRUARY 1, 2021

It’s not that automating invoice generation, banishing checks, automating the cash application process and systematically removing all the manual touches from accounts payable (AP) and accounts receivable (AR) workflows weren’t unknown concepts among chief financial officers (CFOs) and treasury departments at the time. “The

B2B 94

B2B Treasury Accounts Payable Cash Management 94

PYMNTS

MAY 12, 2020

Finacle TradeConnect is available for use with bill collection, letters of credit, open account for trade, C2C transactions for trade, B2C transactions for trade, purchase order financing and invoice financing, the press release notes.

B2C 85

B2C Invoicing Compliance Finance 85

PYMNTS

OCTOBER 6, 2016

Entryless, a cloud-based financial network that allows small and medium-sized businesses to react more quickly to the needs of their buyers and suppliers, announced an integration with accountancy platform Sage Live. This integration will improve companies’ ability to pay bills and complete accounts seamlessly.

B2C 75

B2C Auditing B2B Invoicing 75

PYMNTS

APRIL 7, 2020

Being able to track the flow of funds and correctly auto-post those funds to an invoice-level based accounts receivable (AR) system, said Diegelman, can be difficult. He noted that with rates being as volatile as they’ve been of late, time in this instance is literally money for consumers, possibly quite a lot of it.

Leverage 83

Leverage Banking B2B B2C 83

PYMNTS

OCTOBER 2, 2019

As a result, he predicted that the entrenchment of faster payments will be a linear progression that moves from consumer-to-consumer (C2C) to consumer-to-business (C2B), then to business-to-consumer (B2C) to business-to-business (B2B). So, from the beginning, start with the individual consumer. It’s a delightful customer experience,” he said.

B2C 81

B2C B2B Accounts Payable Invoicing 81

PYMNTS

JUNE 20, 2019

This isn’t merely an issue for the B2C world, however. In accounts payable and accounts receivable, rising fraud mitigation efforts may also lead to more false positives, leading to declined commercial card transactions, misplaced suspicion between buyers and suppliers, delays in invoice processing and more.

B2B 73

B2B Accounts Payable Invoicing B2C 73

PYMNTS

JANUARY 17, 2020

Accounts payable (AP) automation technology has hit the ground running, with solutions designed to accelerate invoice processing, optimize payment strategies and promote digital adoption. That’s not to say that small- to medium-sized business (SMB) invoice payment challenges are any easier to overcome. The result?

B2B 61

B2B Accounts Payable Invoicing B2C 61

PYMNTS

NOVEMBER 24, 2020

While the business-to-consumer (B2C) eCommerce boom has arguably already occurred, the global pandemic is introducing a second wave of digital commerce adoption. But this isn't a trend reserved for the B2C space anymore. But this isn't a trend reserved for the B2C space anymore. Tailoring For Unique Needs.

B2B 72

B2B eCommerce B2C Reconciliations 72

PYMNTS

DECEMBER 28, 2020

Corporates want to delay payment as long as possible in order to better manage cash flow, while suppliers are pressed to accelerate accounts receivable to strengthen their own cash positions. One of the most prominent culprits behind that friction is the intrinsic conflict that buyers and suppliers face in their payment flows.

B2B 81

B2B Invoicing B2C Reconciliations 81

PYMNTS

DECEMBER 26, 2019

The last decade of B2B FinTech innovation not only led to an explosion of product options for businesses to manage a variety of processes, including accounts receivable (AR), accounts payable (AP) and accounting.

Accounting 53

Accounting B2B Accounts Payable B2C 53

PYMNTS

OCTOBER 28, 2016

She told PYMNTS why financing the buyer, not the supplier, can not only solve the issue of late payments but make accounts receivable disappear. “In the B2B economy, buyers are used to getting an invoice and paying when they’re ready,” she said. NOWaccount CEO Lara Hodgson has a different approach. Buyer Financing.

B2B 71

B2B Invoicing Finance B2C 71

PYMNTS

JUNE 22, 2020

To help firms retrieve funds from past-due invoices, NexaCollect has rolled out a B2B arm that provides information about commercial debt collection, according to an announcement. The move comes as firms and commercial services are looking at large losses because of unpaid accounts receivable (AR) with the current economic deceleration.

B2B 56

B2B B2C Invoicing Economics 56

PYMNTS

NOVEMBER 19, 2020

But onboarding isn't just about obtaining bank account or payment details of a potential buyer. Credit scoring a new customer provides visibility into the probability that the buyer will actually pay an invoice upon receipt of goods or services. That's one thing where B2C selling merchants can learn from B2B selling merchants.

B2B 105

B2B eCommerce B2C Prioritization 105

PYMNTS

JANUARY 8, 2020

Yet, as Tony Horling, founder and CEO of InTu Mobility , recently told PYMNTS, mPOS technologies designed for business-to-consumer (B2C) payments won’t cut it for multibillion-dollar enterprises that need to accept B2B payments in the field. Benefits For Payers.

B2B 56

B2B B2C Technology Accounting 56

PYMNTS

DECEMBER 10, 2018

7) said accounts receivable management and B2B payments company Apruve will provide the B2B payments capability that enables businesses using the 3dcart platform to purchase goods for their business to pay for those goods on the same platform, even if they are paying on net terms. A press release issued Friday (Dec.

B2B 59

B2B B2C Invoicing eCommerce 59

PYMNTS

JANUARY 25, 2019

In terms of payments technology and alternative lending, B2C and B2B may be respectively seen as digital versions of the hare and tortoise. trillion within two years, and will account for 13 percent of all U.S.-focused This is a major gap in a market that is three times the size of B2C,” he told Webster. focused B2B sales.

B2B 63

B2B B2C Credit Risk eCommerce 63

PYMNTS

NOVEMBER 22, 2016

Researchers forecast mobile payments to account for $1 trillion in transactions next year. The company offers both B2C and B2B solutions but has recently fixed its eye on the corporate payments space. The accounts receivable tool targets some of what Koh described as the deepest pain points in B2B payments today.

B2B 65

B2B B2C Vendor Management Reconciliations 65

PYMNTS

DECEMBER 31, 2019

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.

Accounts Payable 61

Accounts Payable Invoicing B2B B2C 61

PYMNTS

SEPTEMBER 26, 2017

Corporates are being forced to rethink their approach to accounting as new technologies disrupt the way firms transact and manage financial data. But, tools like electronic payments and cloud accounting software are far from the only forces that alter the corporate accounting landscape. That changes accounting,” Ty explained.

Accounting 40

Accounting B2C Education B2B 40

PYMNTS

APRIL 2, 2020

“It’s muscle memory,” she said of the ongoing use of the paper invoice. It’s what they’ve always done, and it works with their accounting system.”. For B2B customers, receiving paper invoices and mailing paper checks has its drawbacks as well. Why Friction Persists. Time is of the essence for B2B small businesses,” said Gray. “To

B2B 64

B2B Invoicing B2C Education 64

PYMNTS

MARCH 13, 2019

They managed subscription billing for multiple accounts in particular neighborhoods, as James Messer, CEO and founder of online billing platform Gotransverse , pointed out in a recent PYMNTS interview with Karen Webster. Managing the whole accounts receivable and analytics around it is where things get tough,” Messer told Webster.

B2C 62

B2C B2B Data Analysis Technology 62

PYMNTS

FEBRUARY 24, 2020

The first and oldest writings of human civilization were not poems or prayers: they were invoices. Unlike simpler more streamlined business-to-consumer (B2C) purchasing, B2B sellers still ship goods or extend services on the promise of being paid later on an unspecified date, usually months. After all, B2B eCommerce will be a $1.1

B2B 73

B2B eCommerce Accounts Payable B2C 73

PYMNTS

MAY 19, 2017

While Telr, based in Singapore and India, provides front-office B2C payment solutions to its business customers, the company has also grown a presence in the back-office, with cash management and logistics solutions linked into its overall offering. Account-based marketing platform Terminus, based in the U.S., Cash Management.

B2B 61

B2B Investments B2C Cash Management 61

PYMNTS

JULY 25, 2019

In addition, they can spare tenants from fines related to late rental payments by helping them more rapidly move money into their landlords’ accounts. . Apps also allow smartphone users to choose from multiple accounts – even at banks – when making such transfers. . Simply developing new real-time payment rails is not enough, though.

B2C 64

B2C Invoicing B2B Reconciliations 64

PYMNTS

FEBRUARY 6, 2019

Coverage includes Deposit Solutions ’ rollout of business-to-consumer (B2C) open banking channel Savedo in Switzerland. Yooz launched an automated accounts payable (AP) solution based on the cloud for the U.K. Yooz launched an automated accounts payable (AP) solution based on the cloud for the U.K. In the U.K. ,

B2C 43

B2C Retail Accounts Payable Invoicing 43

Bramasol

MARCH 31, 2023

Although subscription-based offerings initially focused on B2C models tailored to serve consumers, as DSE has moved beyond just subscriptions, many B2B markets also have discovered the value of bundling various offerings into recurring revenue streams.

SAP 77

SAP Compliance Invoicing B2C 77

PYMNTS

JULY 16, 2020

Force-fitting a B2C-based eCommerce platform for a B2B sales context can mean a lack of payments features corporates need, like the ability to facilitate check transactions and establish custom payment terms. . Payments workflows are a particularly large hurdle in this space. ”

B2B 59

B2B eCommerce B2C Accounts Payable 59

PYMNTS

SEPTEMBER 12, 2016

One way, he offered, is the use of account updater services provided by the card brand, which take lost or stolen cards, subsequently replaced by the issuing bank, and makes them available to accredited service providers. There’s also a push towards using tools to help prompt consumer engagement by monitoring frequency of usage.

B2C 71

B2C Invoicing B2B eCommerce 71

Bramasol

JANUARY 18, 2024

On one hand, the proven nature of SaaS has paved the way for widespread acceptance across both B2B and B2C markets. With roots going back to the late 1990s, Software-as-a-Service is one of the most mature subscription-based models around. However, not all of these elements are required for every implementation.

Compliance 70

Compliance SAP General Ledger B2C 70

PYMNTS

MARCH 8, 2017

Having been the market leader in B2C payments for more than a decade, we are now seeing a growing adoption rate of PayPal by B2B businesses,” said PayPal Global Channel Partners head Jason Smith in a statement. “As Their partnership also allows PayPal to boost its presence in the B2B payments space, the company said.

B2B 41

B2B eCommerce B2C Invoicing 41

PYMNTS

NOVEMBER 22, 2016

It includes benefit payments, too, and in a B2C environment, it could also include payments such as from an insurance company, said Estep. So, there are quite a few instances,” she said, “where people are saying, ‘I want to get my money from my account to your account on the same day.”. But when you look at that 1.9

B2C 65

B2C B2B Invoicing Accounting 65

PYMNTS

MAY 27, 2020

One strategic way of accomplishing this, explained Melnikovs, is to marry payment acceptance with eInvoicing, a function that he said often benefits the B2B commerce space even more than B2C. For the corporate buyer, this combination optimizes their own internal processes.

B2B 71

B2B B2C Reconciliations eCommerce 71

PYMNTS

MAY 6, 2019

Customers, on the other hand, need to be assured that their PII, such as credit card or bank account numbers, will remain safe. . The movement of money is initiated when the merchant’s bank requests to “pull” money out of the customer’s account and place it into the merchant’s. B2C push payments can deliver quick funds to consumers.

B2C 44

B2C Reconciliations Invoicing Securities 44

PYMNTS

DECEMBER 23, 2020

Those that relied on traditional buying and selling methods and manual back office operations have had to find ways to digitize their operations for everything from ordering and invoicing processes to how payments are collected.

B2B 71

B2B B2C Invoicing Technology 71

PYMNTS

NOVEMBER 7, 2019

However, with cloud storage and computing a requirement for many businesses, with the surge of Software-as-a-Service (SaaS) and with B2C services like Amazon Prime embracing the B2B opportunity, recurring B2B electronic payments are an increasingly complex challenge for these service providers and the businesses paying them.

B2B 40

B2B B2C Foreign Exchange Invoicing 40

PYMNTS

JUNE 18, 2019

to fully embrace real-time payments for both B2B and B2C activity.”. When payment is made, she noted, billers have to find ways to match the payment to the actual invoice. These ‘conversational payments’ are traceable conversations for both parties, aiding in increased [accounts receivable] reconcilement.

B2B 78

B2B B2C Banking Invoicing 78