PYMNTS

OCTOBER 22, 2020

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. Clients are not the only ones causing slow payments. Businesses are also reexamining how they buy from each other.

Invoicing 63

Invoicing B2B Foreign Exchange Accounts Payable 63

PYMNTS

DECEMBER 17, 2020

Best Buy is modifying some store formats and delivery functions to contend with eCommerce orders and a dramatic rise in curbside pickup amid the accelerated arrival of the digital-first economy. Data: $171K : Average annual cost businesses incur from processing paper invoices. In auto sales, CarLotz, Inc. , All this, Today in Data.

eCommerce 58

eCommerce B2B Invoicing Sales 58

PYMNTS

DECEMBER 10, 2020

Increasingly, FinTechs and the businesses they serve are pulling double duty with solutions that tackle both accounts receivable and accounts payable friction for each end of the B2B transaction. Digitizing and modernizing B2B payments cannot be a one-sided effort. Wells Fargo, Bill.com Pull Double Duty With Partnership.

Accounts Payable 60

Accounts Payable Accounting B2B Invoicing 60

PYMNTS

JANUARY 19, 2021

Olivier Schott , co-founder of Scalefast , told PYMNTS that many firms pivoting to eCommerce channels may not have the resources on hand to meet those challenges. When you have local bank accounts, you can have local acquire, which will increase your acceptance rate,” Schott said.

eCommerce 128

eCommerce Compliance Invoicing Retail 128

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. Indeed, business-to-business (B2B) eCommerce is a thriving market that, today, is growing even more quickly as a result of the coronavirus crisis. Tailoring For Unique Needs.

B2B 72

B2B eCommerce B2C Reconciliations 72

PYMNTS

APRIL 15, 2019

Because the company takes a percentage of each sale from its third party sellers, as well as additional logistics fees via the Fulfilled by Amazon service, the operations now amount to twice as much in revenue for Amazon as its own eCommerce services in which Amazon sources and sells products directly. Willingness To Pay.

B2B 73

B2B eCommerce Manufacturing Sales 73

PYMNTS

MAY 4, 2018

Amazon Business is introducing a new invoicing feature that could impose cash flow pressure on sellers, according to AuctionBytes. sellers on the B2B eCommerce platform, advising them of the launch of Pay by Invoice. percent of the total invoice cost. The program reportedly launches on June 30 of this year.

Invoicing 49

Invoicing B2B Credit Risk eCommerce 49

PYMNTS

SEPTEMBER 18, 2020

But getting funds settled more quickly into their accounts can make all the difference in giving them the cash cushions they need to expand, weather economic shocks and even get their suppliers paid in a timely manner. The settlement wait can be several days in length, with even longer lag times over a holiday weekend.

Sales 141

Sales Prioritization eCommerce Invoicing 141

PYMNTS

JULY 7, 2020

Overall, the pandemic has forced the industry to pivot toward digital offerings, especially mobile offerings, digital checkout , contactless payments and digital invoicing, a bit more quickly. Park offered the illustration where a big box retailer sends invoices to customers through mobile means and customers pick up curbside.

Invoicing 113

Invoicing Education eCommerce Accounting 113

PYMNTS

FEBRUARY 20, 2020

Such rental companies cannot hope that compelling arrays of goods will be enough to secure business — they must also ensure their offerings are easy to access, learn about and pay for, and that means having strong B2B eCommerce presences. . We try to keep everything compact and straightforward for the customer to digest.” .

B2B 67

B2B eCommerce Sales B2C 67

PYMNTS

NOVEMBER 9, 2020

The new product will let eCommerce merchants verify new customers as trustworthy, to ease some of the difficulties of making new transactions, the release stated. Johanna Stridsberg , product owner at Payer, said in the release that the digitization of invoices will be another step for Payer to help boost user-friendliness.

B2B 95

B2B Invoicing eCommerce Securities 95

PYMNTS

MARCH 23, 2020

based eCommerce firm, is hoping its new bePayd service will help invoices get paid faster, particularly in the trying times of the coronavirus pandemic, according to a press release. The new service will allow invoice payments to go through almost immediately. Proactis , a U.K.-based

Invoicing 52

Invoicing eCommerce Planning Technology 52

PYMNTS

SEPTEMBER 16, 2020

Finance and bookkeeping smart app Snyder is integrating with a variety of big eCommerce companies, including Shopify , Amazon , eBay and Ecwid , to help eCommerce businesses with accounts receivable (AR) and accounting automation, according to a press release.

Invoicing 77

Invoicing eCommerce Accounting Finance 77

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

DECEMBER 11, 2020

Backers placed the spotlight on everything from B2B eCommerce, to supply chain optimization, to Banking-as-a-Service, but human resources and payroll landed in the top spot in this week's VC roundup. The company supports the full purchasing cycle with invoice integration and compliance auditing capabilities. Procurement Partners.

B2B 77

B2B eCommerce Banking Healthcare 77

PYMNTS

JANUARY 18, 2021

This week's B2B Data Digest takes a look at the numbers behind the latest instances of fraud, including fraudulent invoices, corporate tax scams and more. $19 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.

Invoicing 87

Invoicing Accounts Payable B2B Securities 87

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

AUGUST 14, 2018

Amazon ‘s new payment option that allows business sellers to pay by invoice officially went into effect for third-party sellers on August 8. The eCommerce giant announced Pay by Invoice back in May. Instead, they’re invoiced and have the option to have an extended payment due date.

Invoicing 40

Invoicing Credit Risk eCommerce Accounting 40

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

APRIL 30, 2020

The international eCommerce market grew to $412 billion by the end of 2019 — a 4 percent improvement over the previous year. Buyers used local payment methods for 77 percent of worldwide eCommerce in 2019, and that figure is projected to reach 82 percent by 2024. Cards can be critical to serving the U.K.

eCommerce 52

eCommerce Invoicing Compliance Currencies 52

PYMNTS

AUGUST 19, 2020

With B2B payments being an increasingly attractive target for innovators, the landscape is growing crowded as more banks and FinTechs roll out their accounts payable (AP) automation solutions. Again, noted Fordyce, this can take many forms — from automating invoice reconciliation to addressing a user’s resource constraints.

Accounts Payable 127

Accounts Payable B2B Reconciliations Banking 127

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

APRIL 22, 2019

Bitcoin, through the lightning network, will soon be available as an option to pay on Amazon and other eCommerce sites, according to reports. Moon previously allowed about 250 beta users to use crypto on eCommerce sites by connecting them through exchange accounts like Coinbase.

eCommerce 87

eCommerce Invoicing Currencies Investments 87

PYMNTS

MARCH 8, 2017

PayPal is strengthening its position within the B2B sphere thanks to a new partnership with B2B eCommerce platform OroCommerce. But last year the company stepped deeper into the industry through a partnership with SME accounting software company Reckon, a move that sees Reckon adding PayPal Pay Now buttons to invoices sent on its platform.

B2B 41

B2B eCommerce B2C Invoicing 41

PYMNTS

APRIL 25, 2016

Reports on Friday (April 22) said Handshake has launched the mobile version of its B2B eCommerce service, meaning wholesalers and suppliers can link to potential buyers on mobile phones and tablets. The solution integrates into supplier ERP, invoicing and logistics systems.

B2B 40

B2B eCommerce Invoicing Accounting Firms 40

PYMNTS

APRIL 27, 2016

Finding technology and eCommerce to be a natural marriage, Pitney Bowes continues to expand from the former into the latter. Yesterday (April 26), the company announced the launch of a cloud-based payments engine that integrates with third-party shipping and eCommerce platforms.

eCommerce 40

eCommerce Invoicing Communication Numbers 40

PYMNTS

NOVEMBER 11, 2016

were preoccupied with, well, other things, which probably accounts for the absence of U.S. But never fear: Europe and Asia pulled through with several rounds landing at alternative lending, eInvoicing and B2B eCommerce players. Arex, an invoice financing platform, swooped in first this week with $3.27 Accounts Receivable.

Invoicing 64

Invoicing B2B eCommerce Investments 64

PYMNTS

AUGUST 3, 2018

The eCommerce fakers, Trulioo GM Zac Cohen told Karen Webster in a recent conversation, are an increasingly common occurrence. The good news, Cohen noted, is that the payments ecosystem now has a better understanding of why and how these eCommerce fakers ply their craft, and is now better-equipped to stop it.

eCommerce 43

eCommerce Invoicing Advertising Securities 43

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 eCommerce Brings AR, AP Together.

B2B 79

B2B Accounts Payable eCommerce Accounting 79

PYMNTS

APRIL 29, 2020

Crafting streamlined eCommerce checkouts for international customers requires merchants to tailor their payments experiences to the needs and preferences of each market. The report also dives into the need for localized eCommerce payments and how platforms can ease digital merchants’ cross-border sales.

Sales 77

Sales eCommerce Risk Analysis Currencies 77

PYMNTS

SEPTEMBER 8, 2020

The eCommerce company is reportedly paying the ransom , the hackers claim, though it is unclear exactly how the cyberattack group was able to gain access to the company's data. According to one corporate customer of Ma Labs, the company hasn't properly communicated the matter but has stopped sending invoices. and elsewhere.

Invoicing 69

Invoicing B2B Communication Banking 69

PYMNTS

NOVEMBER 10, 2020

challenger bank Tide runs dry of SMB loan funds, while Payer launches an ID verification service for B2B eCommerce platforms. The new product will let eCommerce merchants verify new customers as trustworthy to ease some of the difficulties of making new transactions, the release stated. Today In B2B, U.K.

B2B 75

B2B Banking Reconciliations Planning 75

PYMNTS

NOVEMBER 17, 2020

They can use fraudulent invoices to scam unsuspecting businesses and consumers or hijack legitimate email correspondence during property transactions to divert funds into the bank accounts of their choosing, for example. eCommerce merchants are also leveraging behavioral biometrics to reduce cybercrime methods such as APP fraud.

Leverage 89

Leverage Accounting Securities eCommerce 89

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

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

OCTOBER 4, 2019

million in the B2B eCommerce startup, MENAbytes reports said. The company said it will use the investment to develop new features for its B2B offering, with a focus on billing and invoicing. Funds and accounts advised by T. Clix Capital. Clix Capital launched after acquiring assets from GE Capital, reports noted.

B2B 51

B2B eCommerce Startups Foreign Exchange 51

PYMNTS

JANUARY 8, 2021

Whether it was helping small businesses get their PPP payments or convert to eCommerce, getting cash in the hands of workers delivering food, or accommodating digitized mortgage closing and escrow activity, the coronavirus has foisted a lot of change on the financial services industry in a short amount of time. “A Limits And Fees.

Cash Flow Forecasting 139

Cash Flow Forecasting Banking Education Reconciliations 139