PYMNTS

SEPTEMBER 14, 2020

"The Amazon experience" is now a worn-out catchphrase in the world of B2B eCommerce. But B2B eCommerce is not the same beast as B2C. You must think, 'How can we make our buyers' jobs easier through eCommerce?'" B2B payments aren't the only shift that the pandemic has initiated in the world of B2B eCommerce. noted King.

B2B 107

B2B B2C Manufacturing eCommerce 107

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

NOVEMBER 18, 2020

The effort comes as part of a larger governmental push to expand residents’ access to eCommerce and reduce the amount of cash that needs to be printed. The workers can then use these cards to make retail payments in-stores and online, as well as collect cash at the ATM. Deep Dive: How Prepaid Cards Ease Employees' Payroll Pains.

Accounts Payable 88

Accounts Payable eCommerce Leverage Retail 88

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. Yes, many organizations shifted the needle away from the paper check toward ePayment tools like commercial cards and ACH as a result of necessity.

B2B 119

B2B Accounts Payable Invoicing B2C 119

PYMNTS

OCTOBER 16, 2020

Venture capital funding landed at startups focused on accounts payable (AP) and cybersecurity this week — with one payables startup raising $23 million in funding. Venture capital funding landed at accounts payable (AP) and cybersecurity technology firms, among other innovators that raised money this week.

B2B 69

B2B Accounts Payable Management Consulting Startups 69

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 79

B2B Accounts Payable eCommerce Accounting 79

PYMNTS

OCTOBER 5, 2020

In many cases, enterprises have had to build out eCommerce operations to connect with buyers and suppliers in new (touchless, paperless, work-from-home) ways. Size-Agnostic Ripple Effect . We’re still a long way away from an end to end digital experience governing how corporates pay and get paid.

B2B 137

B2B Accounts Payable eCommerce Accounting 137

PYMNTS

AUGUST 24, 2020

The eCommerce conglomerate issued a press release late last week announcing its cooperation in the investigation and prosecution of the individuals charged by the United States Attorney's Office for the Southern District of New York.

Invoicing 119

Invoicing B2B Accounts Payable Securities 119

The Finance Weekly

NOVEMBER 8, 2022

Lack of industry and business-specific features (such as lot tracking, eCommerce and barcode scanning). Accounting 2nd Choice: , Wave Accounting Wave is 100% free (yes you read that right). Wave is an accounting software that provides many of the same services as other accounting tools. 5) Accounts Payable.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Finance Accounts Payable Invoicing 98

PYMNTS

APRIL 14, 2020

Criminals are sending emails that pretend to be from executives and which instruct accounts payable (AP) department employees to send funds into bank accounts that actually belong to the thieves, for example. Businesses therefore must be on high alert.

Accounts Payable 119

Accounts Payable B2B Transportation Manufacturing 119

PYMNTS

JULY 17, 2020

Based in Nigeria, B2B eCommerce and supply chain technology startup TradeDepot raised $10 million in a pre-Series B equity round led by Partech, International Finance Corporation, Women Entrepreneurs Finance Initiative and MSA Capital. PYMNTS outlines the latest investments below. TradeDepot. ’s Ravelin secured $20.6

B2B 90

B2B Investments Accounts Payable Startups 90

PYMNTS

MAY 25, 2018

Announced earlier this month, the tool is first targeting the manufacturing, transportation, retail and eCommerce sectors – and, more broadly, B2B eCommerce. “All of us have our favorite eCommerce site we go to, and we all know how easy and transparent and simple it is,” he said.

B2B 40

B2B eCommerce Accounts Payable B2C 40

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

SEPTEMBER 2, 2020

To tackle this friction, Touchland launched its own B2B eCommerce platform , a project that Krafcik noted had to take into consideration both the unique demands of corporate buyers amid a pandemic, as well as the long-term requirements of corporates shifting away from sales reps and toward digital commerce platforms. "The

B2B 76

B2B eCommerce Accounts Payable Sales 76

PYMNTS

MAY 13, 2020

Accounts payable (AP) tools that provide quick, detailed oversights of businesses’ financial statuses and payments obligations can help pick up the pace of payments by keeping invoice approval processes on track. Download the Tracker to read the Deep Dive. About The Tracker .

Invoicing 79

Invoicing Accounts Payable B2B Budgeting 79

PYMNTS

FEBRUARY 10, 2020

.” SnapPay handles the accounts receivable (AR) and accounts payable (AP) processes of large and mid-sized companies. “Improving working capital is a top priority for most businesses,” said Suhas Gosavi, senior vice president of B2B payments and eCommerce at Fiserv.

SAP 67

SAP B2B Accounts Payable B2C 67

PYMNTS

DECEMBER 2, 2016

But the largest venture capital funding round went to an accounts payable automation firm in the U.S. Indeed, the last two weeks were dominated by small, early-stage investments staggered across a variety of industries, from T&E to alternative lending to B2B eCommerce. B2B eCommerce. with an $18 million investment.

B2B 53

B2B Accounts Payable Startups eCommerce 53

PYMNTS

DECEMBER 23, 2019

India-based accounts payable automation company Finly has announced new funding as it plans to expand its B2B product offering, reports in YourStory said Monday (Dec. Veekshith Rai, Finly chief operating officer and co-founder described Finly’s strategy to differentiate itself in India’s growing B2B FinTech market.

Startups 52

Startups Accounts Payable Securities B2B 52

PYMNTS

APRIL 10, 2020

With staff shortages caused by the pandemic, however, the eCommerce firm is pausing the offering. 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. Banking APIs Give Businesses An eCommerce Push.

Healthcare 86

Healthcare Accounts Payable Invoicing eCommerce 86

PYMNTS

APRIL 3, 2019

Separately, Bill.com , in addition to securing $88 million in financing, has launched a partnership with Mastercard to speed up accounts payable for joint business customers. During the second quarter, the company will enable payments to more than 14 countries spanning the U.S., Canada and Asia.

Accounts Payable 92

Accounts Payable B2B Banking Invoicing 92

PYMNTS

AUGUST 18, 2017

Further adding to that complexity is the fact that enterprises today operate on the global stage since eCommerce makes it easier than ever to sell across borders. Managing any company’s books can be quite complicated. Depending on the size of the organization, it can be daunting. and overseas.”.

Accounts Payable 46

Accounts Payable Invoicing Compliance Auditing 46

PYMNTS

SEPTEMBER 8, 2020

Yet the impact of B2B payments digitization has a ripple effect that reaches far beyond the accounts payable and accounts receivable department. "Electronic payments and digital business processes have been fast-forwarded by as much as 10 years in the last few months.".

B2B 86

B2B Accounts Payable Accounting eCommerce 86

PYMNTS

JANUARY 24, 2020

Accounts payable automation company AvidXchange secured $260 million in new funding this week, with investors at TPG Sixth Street Partners leading the equity capital investment. AvidXchange.

B2B 79

B2B Accounts Payable Startups Investments 79

PYMNTS

JANUARY 15, 2021

Yet for sleep supplement and coaching eCommerce company Proper , the experience of wading through the pandemic was far from typical. eCommerce businesses across the board, in all different industries, have seen delays — even eCommerce organizations as big as Amazon,” said Lee.

Startups 66

Startups Accounts Payable eCommerce Planning 66

PYMNTS

JANUARY 18, 2021

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. . $19 million in shipping scams hit Amazon , according to U.S. Homeland Security investigators. The individual pleaded guilty to wire fraud and money laundering conspiracy.

Invoicing 87

Invoicing Accounts Payable B2B Securities 87

PYMNTS

JANUARY 7, 2021

Plus, Udaan lands funding for B2B eCommerce technology, Kofax collaborates on AP automation and Bringg partners for B2B delivery. Udaan Raises $280 Million for B2B eCommerce in India. Indian B2B eCommerce platform Udaan said it raised $280 million in additional funds as of Wednesday (Jan.

B2B 66

B2B Banking Invoicing Accounts Payable 66

PYMNTS

NOVEMBER 4, 2020

Expense management and accounts payable (AP) automation solution provider Emburse is rolling out new card solutions designed to help organizations manage their travel spend. Targeting eCommerce startups, commercial card company Brex has revamped its rewards program. Emburse Debuts T&E Cards. Brex Beefs Up Rewards Program.

Mergers and Acquisitions (M&A) 64

Mergers and Acquisitions (M&A) Accounts Payable Banking B2B 64

PYMNTS

MAY 1, 2020

It was a niche B2B eCommerce platform for the architecture and design arena, however, that landed the most funding. With its mobile-first offering, Finom offers small businesses a bank account, accounts payable (AP) and accounts receivable (AR) solutions, money transfers and virtual card solutions. Material Bank.

Banking 66

Banking B2B Accounts Payable eCommerce 66

PYMNTS

JULY 24, 2019

If the last mile of eCommerce lies with logistics — getting goods where they need to go — the “last mile” in digitizing payments processes may lie within payments automation. Managing cash flow, after all, is a balancing act between cash in (being paid) and cash out (making payments). Clearing the Hurdle.

Accounts Payable 57

Accounts Payable B2B Invoicing eCommerce 57

PYMNTS

AUGUST 3, 2016

The event, sponsored by American Express, focused on the ways health care organizations can manage the exit of paper, manual-based accounts payable processes and progress into digital B2B payments. “Our eCommerce program moved the needle dramatically in terms of our speed-to-pay.”

Accounts Payable 40

Accounts Payable B2B CFO Education 40

PYMNTS

DECEMBER 27, 2019

Mastercard: Holiday eCommerce Nearly 15 Pct Of Retail Sales. Digital payment innovations such as RTP have given businesses more options to improve slow accounts payable (AP) processes. Retail sales hit record highs this holiday season, thanks to massive growth in online spending, which was up 18.8 percent from last year.

Sales 52

Sales Retail Accounts Payable Foreign Exchange 52

PYMNTS

SEPTEMBER 18, 2020

“One example of us receiving paper checks would be [from] a really small organization that is a customer, [and] it just so happens that is how they do all of their bookkeeping and their payments, accounts payable and accounts receivable,” said Benoit.

Accounts Payable 96

Accounts Payable Sales B2B Retail 96

PYMNTS

JANUARY 14, 2021

Today in B2B payments, Citi announces its news Treasury and Trade Solutions (TTS) head, while Rho lands new funding and adds accounts payable to its business banking technology. Plus, Medius collaborates on invoice management, TravelPerk acquires NexTravel, and Sweep lands funding for T&E tools. Sweep Raises $1.2

B2B 56

B2B Accounts Payable Banking Invoicing 56

PYMNTS

JUNE 11, 2020

The digitization push is propelling the B2B ecosystem closer toward the eCommerce model — and while enabling B2B vendors to sell and collect payments online is a move in the right direction, the adjustments they’ll need to continue making will ripple throughout their approaches to managing cash inflows, outflows and application. .

Cash Management 60

Cash Management Invoicing B2B Accounts Payable 60

PYMNTS

JANUARY 17, 2018

ERP, P2P, those who are helping these companies go public, eCommerce and marketplace processing and gateways: There’s a monster ecosystem of folks in this space,” Israch said. Israch said he’s observed increased adoption and momentum for AP (accounts payable) automation and cross-border needs — and not just at his own company.

Accounts Payable 40

Accounts Payable Auditing B2B CFO 40

PYMNTS

NOVEMBER 3, 2020

Cyber attackers and online scammers are using a long list of tactics to steal cash from businesses by infiltrating the weak points in AR and accounts payable (AP) workflows. There is the potential, too, for integrated invoicing capabilities within QuickBooks to combat invoice fraud , a growing pain point for the B2B payments landscape.

Invoicing 60

Invoicing B2B Accounts Payable eCommerce 60

PYMNTS

JANUARY 19, 2018

The platform can enhance automation of processes like accounts payable, accounts receivable, eInvoicing and cash flow management, the firms said. “We

B2B 54

B2B Accounts Payable eCommerce Banking 54