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

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

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. The Low-Hanging Fruit.

B2C 81

B2C B2B Accounts Payable Invoicing 81

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

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

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

PYMNTS

FEBRUARY 14, 2017

Mastercard struck a deal to help automate the accounts payable process for businesses in the United Arab Emirates , reports said Sunday (Feb. The credit card firm inked a partnership with technology firm Swipezoom, which operates in both the B2B and B2C spaces.

Accounts Payable 40

Accounts Payable B2C B2B Invoicing 40

PYMNTS

FEBRUARY 16, 2018

While WeTravel primarily operates in the B2C payments space, the payments company — which enables entrepreneurs and small travel companies to accept and manage payments for group travel — recently told PYMNTS it is open to exploring an entrance in the corporate travel space as well. Accounts Payable Automation. Corporate Travel.

B2B 49

B2B Accounts Payable B2C Invoicing 49

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

JUNE 9, 2017

In corporate accounting, accounts payable and B2B payments, traditional FIs are slowing down innovation that could one day bring these areas up to speed with corporate payments, the executive explained. But electronic and automated payments are just one side of the overall friction in accounts payable, Dahl said.

Accounting 43

Accounting Technology Accounts Payable Invoicing 43

PYMNTS

APRIL 22, 2016

The venture capital world lit up last week with reports that B2B tech startups are now seeing increased funding, raising money at a faster pace than B2C startups. Transactis’ Series E funding is a massive show of support by traditional FIs for the digitization of the accounts payable and B2B payments space. Invoice Finance .

B2B 40

B2B Banking B2C Invoicing 40

PYMNTS

FEBRUARY 11, 2020

B2C Brands’ B2B Risks. “In one of the most damaging Media File Jacking attacks, a malicious actor can manipulate an invoice sent by a vendor to a customer, to trick the customer into making a payment to an illegitimate account,” warned Symantec in a blog post at the time. A Proliferating Threat.

B2B 58

B2B Accounts Payable B2C Invoicing 58

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

MAY 5, 2016

“Three quarters of all B2B transactions still happen through paper or PDF,” notes Galarza, and require the need for both an accounts receivable and an accounts payable department. Meanwhile, in a B2C transaction, “the consumer can simply pull up their credit card to pay for goods and services.”. Australia … the U.K.,

B2C 43

B2C B2B Accounts Payable Invoicing 43

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

AUGUST 15, 2018

However, accounts payable (AP) service providers have more on their plate than simply making it easier for companies to pay their invoices digitally. Scott noted that one of the biggest reasons why is service providers’ failure to adequately address vendors’ needs in the accounts receivable department.

B2B 40

B2B Accounts Payable B2C Reconciliations 40

PYMNTS

SEPTEMBER 12, 2019

There’s also the age-old, seemingly inevitable push and pull of managing accounts receivable and accounts payables. firms are owed in accounts receivable on any given day. The key is standardizing payments, money flows and invoicing. Buyers want to hold onto their cash and defer payment as long as possible.

B2B 45

B2B Accounts Payable Invoicing B2C 45

PYMNTS

AUGUST 24, 2018

Tide focuses on small and medium-sized businesses, providing banking and payment products in addition to invoice and bookkeeping solutions as it competes with larger, traditional financial institutions. million to the company that deploys machine learning to accelerate supplier payments in the accounts payable department.

B2B 40

B2B Finance Accounts Payable B2C 40

PYMNTS

OCTOBER 31, 2019

With FinTech innovation yielding more choices than ever for both billers and payers, cost often emerges as the key driver behind what solutions users adopt — both in the business-to-consumer (B2C) and business-to-business (B2B) context. That PO must be sent to a vendor, which must then process that document and send back an invoice.

B2B 41

B2B B2C Accounts Payable Invoicing 41

PYMNTS

NOVEMBER 20, 2017

Phalen pointed out that the successful test in Singapore and the broader mission of Visa B2B Connect isn’t just looking at individual points of friction in corporate payments, like digitizing accounts payable or electronifying invoices.

B2B 52

B2B Accounts Payable B2C Leverage 52

PYMNTS

MAY 24, 2018

“The difficulty managing multiple payment service providers exists for both B2B and B2C eCommerce players,” Oren Levy, founder and CEO of payments company Zooz , noted in a recent interview with PYMNTS. “At their core, merchants want more clients buying a product or service. .

B2B 45

B2B B2C eCommerce Accounts Payable 45

PYMNTS

OCTOBER 23, 2019

The B2B eCommerce market has taken a path to innovation and digitization inspired by the ease and speed of B2C commerce. The platform then submits purchase orders to the appropriate suppliers, which are then able to invoice Purchasing Platform. That lowers the risk of late or non-payments.

Manufacturing 40

Manufacturing B2B Invoicing Accounts Payable 40

PYMNTS

SEPTEMBER 9, 2016

On one hand, some eProcurement experts say procurement should be as easy as B2C online shopping. ” According to the executive, that demand for a streamlined, mobile-friendly, B2C-like interface is what can help companies with that top challenge of employee adoption. ” It’s a tricky challenge.

B2C 40

B2C Accounts Payable Invoicing Technology 40

PYMNTS

OCTOBER 18, 2019

million fundraise for Finland’s Enterpay will help the accounts payable solution provider strengthen its position in the European B2B eCommerce market. to expand its artificial intelligence-driven solution that analyzes unstructured language data to improve business outcomes for B2B and B2C companies. reports.

B2B 40

B2B Cash Flow Forecasting Invoicing Accounts Payable 40

PYMNTS

APRIL 1, 2016

Today, a paper check is accompanied by a document that tells the suppliers what the buy is paying for — for these goods or for this invoice, etc.,” So, when a consumer deposits a physical check via mobile device, the funds arrive in the account, and the transaction is complete. B2C To B2B.

B2B 41

B2B Accounts Payable B2C Banking 41

PYMNTS

MAY 25, 2018

He continued, “When it comes to payment, almost every B2B customer expects to get an invoice that implies some type of credit terms. According to Spear, business-to-consumer (B2C) commerce has become a driving force in today’s B2B customer expectations.

B2B 40

B2B eCommerce Accounts Payable B2C 40