PYMNTS

MARCH 19, 2020

Tackling B2B payments friction is a journey, but when corporates take their transactions global, finding a remedy for cross-border B2B payments is a much more complicated process. ” Tackling B2B payments on a global scale calls for collaboration, McCarthy explained. “There’s just so much inefficiency.”

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B2B Foreign Exchange Accounts Payable Currencies 95

PYMNTS

JUNE 20, 2019

Indeed, as B2B organizations begin to pay closer attention to the rising threat of fraud in the procure-to-pay process, the issue of false positives can result in similarly negative consequences, from declined card payments to broken vendor relationships. This isn’t merely an issue for the B2C world, however. The False Positive Threat.

B2B 73

B2B Accounts Payable Invoicing B2C 73

PYMNTS

JULY 10, 2019

Some of the biggest industry trends, including faster payments, open banking and bank-FinTech collaboration, have found their ways into the Canadian market, the B2B payments space is not immune to disruption from these shifts. According to Lansdowne-Higgins, among the biggest challenges in accounts payable today is the data silos.

B2B 62

B2B Accounts Payable Mergers and Acquisitions (M&A) Reconciliations 62

PYMNTS

MARCH 18, 2020

In a recent conversation with PYMNTS, Bectran Business Development and Implementation Manager Dominic Biegel reflected on the deepening relationship between an organization’s accounts receivable (AR) operations and its clients’ accounts payable processes. 1st Commercial Credit Discusses Payables Finance.

B2B 67

B2B Accounts Payable SAP Invoicing 67

PYMNTS

DECEMBER 16, 2020

Visa and the UAE's First Abu Dhabi Bank (FAB) are partnering to introduce virtual corporate cards to the financial institution's business clients to accelerate and automate B2B payments. Accounts payable (AP) solution provider Tipalti is looking to drive commercial card adoption in B2B payments, even with vendors that don't accept cards.

Accounts Payable 114

Accounts Payable Microsoft Office B2B Currencies 114

PYMNTS

FEBRUARY 28, 2020

As B2B FinTech firms continue working to break down silos, and ease the numerous friction points of the B2B payments process for both buyer and seller, the opportunities for data integration are vast. B2B payments market. Going Further With Open Banking. “In addition to card and ACH/wire requirements, the U.S.

Accounts Payable 83

Accounts Payable Banking Invoicing B2B 83

PYMNTS

APRIL 17, 2020

Smooth accounts payable (AP) processes are critical in the spice business, in which purveyors must send funds securely to vast numbers of distributors and growers worldwide. … We don’t write it down even, [but] it’s all in our accounts payable [system],”.

Accounts Payable 60

Accounts Payable Securities Accounting Invoicing 60

PYMNTS

JULY 26, 2019

But a closer look at the rest of the B2B funding market shows investors turned to FinTechs helping small businesses grow and operate across borders, with FX, cross-border payment, and trade finance solutions securing new funding. Enabling its business and bank clients to facilitate global B2B payments, VertoFX raised $2.1 Raising $62.26

B2B 62

B2B Accounts Payable Startups Currencies 62

PYMNTS

FEBRUARY 1, 2019

billion, up 17 percent on a currency-neutral basis. billion, up 16 percent on a currency-neutral basis. B2B And Beyond. In discussing B2B , Banga stated that “we are continuing to see momentum in our core commercial card business,” as the company is developing a new fleet co-branded product that combines “U.S.

B2B 69

B2B Accounts Payable Currencies CFO 69

PYMNTS

DECEMBER 11, 2019

For years, any attention given to solving B2B payments friction was typically focused on the payer. Yet, as innovators have chip away at friction points, they have recognized the value of incorporating a supplier’s accounts receivable (AR) experience into their solutions. “The person receiving it is just happy to get paid.”

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B2B Accounts Payable Invoicing Currencies 53

PYMNTS

JANUARY 8, 2021

Among other topics extensively reported, PYMNTS' latest Global B2B Payments Playbook , done in collaboration with Worldpay B2B Payments , zeroes in on international B2B payments friction, and how digital invoicing and payments are making it easier for B2B funds to cross borders. B2B, Consumer Payments Experiences Merging.

B2B 61

B2B Accounts Payable Cash Management Invoicing 61

PYMNTS

JUNE 8, 2020

B2B payments technologies can be seamlessly integrated into businesses’ existing back offices with minimal disruption, and it’s an achievement that has not only opened the door for smaller firms to adopt technology, but has led more businesses to buy — not build — when developing their digitization strategies. ”

B2B 63

B2B Accounts Payable Currencies B2C 63

PYMNTS

FEBRUARY 21, 2020

In a market ecosystem where Instagram influencers are a new norm in advertising, and where corporate sponsorships are diversifying throughout the digital ether, businesses’ vast network of strategic B2B partnerships is getting even bigger, and more complex. From Discovery To Payment. Slashing The AP Ambiguity.

B2B 65

B2B Accounts Payable Invoicing Advertising 65

PYMNTS

DECEMBER 22, 2020

Many firms are eying new technologies that could accelerate their global B2B transactions amid these shifts. The O2C process includes every aspect of the business relationship, from presale interactions all the way through the final payment, and many companies are searching for ways to bring each step into the digital B2B world.

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B2B Accounts Payable Construction Accounting 94

PYMNTS

SEPTEMBER 10, 2019

The B2B payments discussion often centers around innovators’ efforts to kill the check. There is no straight line to killing the check, but in the path to B2B payments innovation, a plethora of possibilities emerges. B2B Payments’ Innovation Agenda. According to Phalen, that includes speed, transparency and global scale.

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B2B Accounts Payable Accounting Technology 59

PYMNTS

OCTOBER 28, 2020

Today in B2B payments, accounts payable automation firm CPS finds a buyer. Plus, a new FinTech, OpenEnvoy, launches to combat B2B payments fraud, while PCMI collaborates on B2B payments automation, and OpenPayd launches an FX-as-a-Service solution. REPAY Inks Deal For B2B AP Automation Firm CPS.

B2B 56

B2B Foreign Exchange Accounts Payable Invoicing 56

PYMNTS

NOVEMBER 3, 2020

In this week's roundup of payment rail innovation, PYMNTS finds B2B payments use cases serve as an important driver of adoption, with FinTechs and financial service providers embracing payment rails old and new to enable real-time B2B payments and foreign exchange. B2B Drives ACH Volume Up. and abroad.

B2B 56

B2B Foreign Exchange Currencies Accounts Payable 56

PYMNTS

MAY 17, 2017

Spend management company Coupa has entered the realm of B2B payments. “The rise of globalization has created the need for cross-border payments, which has led to an increase in both the complexity of supplier payments and the efforts of accounts payable teams,” Coupa stated.

B2B 53

B2B Accounts Payable Invoicing Currencies 53

PYMNTS

FEBRUARY 18, 2019

However, participation from the traditional financial services sector isn’t necessarily a requirement when it comes to crypto adoption, even in the B2B payments market, according to BitRail Co-founder and Vice Chairman Cameron Chell. BitRail doesn’t yet operate in the B2B payments space. ” Confusion, Doubt Remain. .”

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B2B Compliance Accounts Payable Securities 70

PYMNTS

FEBRUARY 26, 2020

More and more, B2B payment solutions are focusing less on single end-points of friction, and more on the overall picture of how money (and data) moves from one business to another. That means emerging services are multitasking, easing friction for both accounts payable and accounts receivable.

Accounts Payable 72

Accounts Payable Accounting Invoicing General Ledger 72

PYMNTS

NOVEMBER 17, 2020

Cambridge Global Payments , a FLEETCOR firm, and Beanworks Solutions are continuing their collaboration to bring together solutions and offer a full accounts payable (AP) offering to clients, which can streamline their payable workflow spanning between buying and payment for firms that have international business, according to a Tuesday (Nov.

Accounts Payable 84

Accounts Payable Foreign Exchange B2B Invoicing 84

PYMNTS

MARCH 31, 2020

No one payment rail can solve every point of friction in B2B payments. Although the solution was initially designed for migrant workers to move money abroad more easily, the mobile app, which uses a QR code to facilitate global payments, could address global payments friction in a B2B context as well, the companies said. In the U.K.,

B2B 77

B2B Invoicing Banking Leadership 77

PYMNTS

SEPTEMBER 15, 2020

Postal Service have added yet another hurdle to the payment method, which can affect everything from accounts payable (AP) to payroll to insurance disbursements. With payment innovators looking to migrate B2B payments away from paper, a growing number of payment rails and technologies are helping to ease the pain of the shift.

Currencies 105

Currencies Accounts Payable Treasury B2B 105

PYMNTS

NOVEMBER 26, 2019

Accounts payable (AP) automation is beneficial, and even necessary, for many businesses still bogged down by paper. B2B order-to-cash solution provider Billtrust recently announced a partnership with commercial payments firm WEX, which will join Billtrust’s Business Payments Network (BPN).

Accounting 64

Accounting Accounts Payable B2B Reconciliations 64

PYMNTS

JULY 16, 2020

Commercial card innovation continues to make big waves in the accounts payable (AP) department, as corporates and card issuers alike explore new ways to drive business spend on cards beyond business trips or ad-hoc purchases. This wasn’t the only initiative in the B2B payments space that American Express has announced this month.

Accounts Payable 64

Accounts Payable SAP B2B Invoicing 64

PYMNTS

MAY 7, 2020

In times of volatility, corporates and their business partners must collaborate to find common ground and ensure that cash continues to flow favorably for both sides of a B2B transaction. Deepening ties between accounts payable (AP) and accounts receivable (AR) departments will be key to ensuring buyers and suppliers remain viable.

Accounts Payable 60

Accounts Payable SAP B2B Currencies 60

PYMNTS

JUNE 24, 2020

To help project managers and administrators save time, Centsoft has unveiled an accounts payable (AP) automation technology for firms in the construction industry. Its technology automatically brings in vendor accounts, the vendor register and currencies.

Construction 75

Construction Accounts Payable Invoicing SAP 75

PYMNTS

JANUARY 13, 2017

CSI Kick Start, a FinTech incubator operated by corporate payments company CSI globalVCard, said it has officially kicked off its second year of searching out B2B payments innovators. The firm also introduced new cross-border corporate payment solutions in 2016, with capabilities to transact in more than 140 currencies.

B2B 49

B2B Foreign Exchange Accounts Payable Startups 49

PYMNTS

DECEMBER 12, 2019

There is as yet no Venmo or Zelle for the $38 trillion global business-to-business (B2B) payments sector. That’s surprising for several reasons, and here’s a good one: nearly 70 percent of accounts payable (AP) professionals say suppliers value payments speed above all. Out with the Old.

B2B 52

B2B Accounts Payable Reconciliations Healthcare 52

PYMNTS

JANUARY 14, 2021

Plus, new concerns mount in Sweden over the rise of Central Bank Digital Currencies and their implications for the traditional banking system. Modern Treasury Raises Funding To Accelerate B2B Payments. trillion in B2B transactions in the U.S. Sweden Considers Implications Of Digital Currency. Noting that more than $18.5

Accounts Payable 62

Accounts Payable Treasury Currencies B2B 62

PYMNTS

NOVEMBER 4, 2020

Today in B2B Payments, commercial payments technology firm FLEETCOR reveals $1 billion plans for M&A activity. 3) that it has completed its multimillion-dollar acquisition of CPS Payment Services , a B2B payments and accounts payable (AP) automation technology provider. Repay Holdings said on Tuesday (Nov.

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Mergers and Acquisitions (M&A) B2B Planning Accounts Payable 59

PYMNTS

APRIL 7, 2020

This has resulted in business-to-business (B2B) offerings such as mobile apps that help provide small business owners better overview and management of their companies’ bank accounts, as well as their accounts payable (AP) and accounts receivable (AR). Around The B2B API World. About The Tracker.

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eCommerce Banking Foreign Exchange B2B 63

PYMNTS

APRIL 22, 2020

With more B2B payment technology providers turning their attention to the electronic invoice, the document has become a keystone that connects accounts payable (AP) and accounts receivable (AR) portals. With new funding, France-based Libeo is looking to help B2B buyers and suppliers to collaborate more seamlessly.

Accounts Payable 56

Accounts Payable Invoicing B2B Currencies 56

PYMNTS

DECEMBER 12, 2019

Last month, Bill.com announced a slew of updates to its corporate payments platform designed to ease friction for both payers and payees in business-to-business (B2B) transactions. New Offerings. You can bet on much more movement toward digital in this vital part of the global economy.

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B2B Accounts Payable Invoicing Currencies 52

PYMNTS

APRIL 20, 2016

Nvoicepay is launching new capabilities to ease friction in global B2B payments, the company revealed Tuesday (April 19). The enterprise payments solution firm revealed Nvoicepay AP Global, a cross-border payments solution for the accounts payable department.

B2B 40

B2B Accounts Payable Currencies Accounting 40

PYMNTS

NOVEMBER 16, 2018

In a week of multiple nine-figure venture capital funding rounds, B2B FinTech has proved it plans to end the year on a high note. Below, PYMNTS breaks down the more than $912 million raised by B2B FinTech firms this week. Automation Anywhere.

Accounts Payable 77

Accounts Payable Currencies Foreign Exchange Startups 77

PYMNTS

AUGUST 12, 2020

Palette Software unveiled accounts payable (AP) automation technology that is designed for firms in the construction and engineering industries and run on the cloud, according to an announcement. Finance administrators and project managers both benefit from automation of the accounts payable process.

Construction 69

Construction General Ledger (GL) Accounts Payable General Ledger 69