PYMNTS

OCTOBER 27, 2016

Blockchain technology could have major implications for B2B payments, and some of the top use cases for distributed ledger include cross-border payments and smart contracts. B2B payments company PayStand has another possibility for the tool. An announcement Wednesday (Oct. ” . ”

B2B 75

B2B Auditing Invoicing Securities 75

PYMNTS

JANUARY 10, 2020

B2B technology startups continue to gain valuable attention among venture capitalists. In a recent report , seed investors explored why their focus has turned to enterprise startups as opposed to consumer-facing technology firms after the publication’s analysis revealed that today’s seed investments favor B2B startups over B2C.

B2B 52

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PYMNTS

SEPTEMBER 10, 2019

In a statement, Coatue Management Senior Managing Director Thomas Laffont said that artificial intelligence (AI) enables AppZen to deploy more sophisticated analytics and automation within its expense management solution, which allows businesses to assess expenses, automate expense report audits, and identify savings opportunities. “AI

Auditing 43

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PYMNTS

JANUARY 26, 2018

The solution can also safeguard information linked to compliance, auditing and regulatory review, the company noted. While Ripple and other decentralized technologies are addressing payments, the transfer of funds is only a small part of a B2B transaction.

B2B 62

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PYMNTS

DECEMBER 7, 2020

Today in B2B payments, Revolut launches a new solution for its business customers, and MonetaGo collaborates to combat trade finance fraud. Through 100 percent invoice integration, the service boasts improvements to savings, and offers a compliance audit feature that can help vendors cut spending.

B2B 63

B2B Finance Practice Management Invoicing 63

PYMNTS

AUGUST 23, 2018

More than 130 startups have been chosen to join Y Combinator’s Summer 2018 class, and according to reports , B2B software is dominating the roster. Of the 132 startups that launched at Y Combinator’s two-day pitching event, Demo Day, 30 percent are B2B software firms — more than any other vertical.

B2B 40

B2B Startups Pharmaceutical Auditing 40

Bramasol

AUGUST 11, 2023

Legal and Regulatory Compliance: There are numerous data protection laws and regulations that companies must adhere to, such as the General Data Protection Regulation (GDPR) in Europe and the California Consumer Privacy Act (CCPA) in the United States. Non-compliance can result in hefty fines and legal penalties.

Securities 75

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PYMNTS

OCTOBER 24, 2019

HRS CEO Tobias Ragge said in the announcement, “As we’ve piloted with integrated hotel payment solutions around the world in recent years, the program compliance metrics are clear.” He continued, “When our clients use our payment solutions, we’ve seen hotel compliance rise by on average 23 percent.

Compliance 40

Compliance Auditing Invoicing eCommerce 40

PYMNTS

JUNE 14, 2017

Tax and accounting compliance can be an overwhelmingly monumental task as companies expand their geographic footprint. Analysts agree that a company should work with partners, advisors and technologies that can help them manage their compliance demand across borders.

Compliance 58

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PYMNTS

SEPTEMBER 14, 2017

One exception may be in the T&E space, in which FinTechs are introducing ways for employees to make B2B payments and integrate transaction data into expense management systems, a reflection of the mobile nature of the traveling employee. The enterprise has been a bit skeptical about mobile payments.

B2B 55

B2B Auditing Compliance Securities 55

PYMNTS

OCTOBER 28, 2019

The Big Four auditing firms — EY, Deloitte, KPMG and PwC — have recently requested that the Financial Accounting Standards Board (FASB) provide clarity in how corporates should classify their reverse factoring or supply chain financing agreements, adding more fuel to a long-standing debate as to whether such trade financing tools are debt.

B2B 40

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PYMNTS

MARCH 7, 2018

B2B FinTechs are playing an especially prominent role in this trend, analysts noted. We saw more and more B2B FinTech models proving out at the banks, coupled with larger and later-stage investments as the FinTech world scales up,” explained Julian Skan, Accenture practice senior managing director, in a statement. “We

B2B 52

B2B B2C Finance Management Consulting 52

PYMNTS

OCTOBER 5, 2020

Compliance automation startup Strike Graph has launched with a $3.9 The company aims to eliminate the confusion related to cybersecurity audit and certification processes by assisting companies in scoping correctly-sized audits and dynamically adjusting controls. million seed funding round, according to a press release.

Auditing 56

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PYMNTS

AUGUST 17, 2018

B2B FinTech is undoubtedly a hot spot for venture capitalists (VCs) this year. However, this summer, a different kind of B2B startup has captured investors’ attention. Cloud-based risk and auditing management provider AuditBoard raised $40 million in Series B funding, announced this week, led by Battery Ventures.

Startups 40

Startups B2B Auditing Invoicing 40

PYMNTS

FEBRUARY 19, 2018

In the B2B realm, the movement to get suppliers paid on time may become a struggle, mired as AP management is in the paper chase of manual effort. On top of that, the regulators are putting a heavier hand on tax compliance” and other daily minutiae of doing business. These are firms that have failed audits or are about to fail audits.

Auditing 51

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PYMNTS

AUGUST 19, 2016

is in a B2B startup lull, it seems. B2B startups. But a seed-stage startup fund in San Francisco announced its own new $50 million investment pool, so funding for B2B FinTech startups in the U.S. The company has developed a cloud-based tool to audit a mobile app’s security and to detect potential vulnerabilities.

B2B 40

B2B Startups Invoicing Auditing 40

Bramasol

SEPTEMBER 10, 2023

Evolution of AI in Subscription-Based DSE Systems Before the widespread adoption of generative AI, both B2C and B2B markets have been utilizing various AI and machine learning applications to enhance their subscription-based services and products. Netflix, Spotify) to suggest content based on user preferences and viewing/listening habits.

SAP 85

SAP B2C B2B Microsoft Office 85

PYMNTS

NOVEMBER 29, 2018

In the entertainment space, one blockchain company wants to address a range of financial pain points for the “Hollywood economy,” including financing and B2B payments. However, Woodrow has other plans for the cryptocurrency to target more unique points of friction facing the entertainment space today, particularly in B2B payments.

Auditing 54

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PYMNTS

MARCH 12, 2018

When auditing giant KPMG assessed corporate compliance of government requirements to report supplier payment habits, the company made a concerning discovery : Just 17 enterprises in Scotland were adhering to the rules. B2B FinTech hasn’t ignored the issue. The EU, U.K. The EU, U.K.

B2B 43

B2B Invoicing Compliance Finance 43

PYMNTS

JULY 8, 2019

Onyx CenterSource , a global provider of B2B payments and business intelligence solutions to the hospitality industry, announced it has partnered with tax software provider Sovos to expand its Onyx’s InvoicePro eInvoicing capabilities. The company has now chosen Sovos to help it meet the upcoming changes in the compliance sector.

Compliance 46

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PYMNTS

JUNE 11, 2020

On top of that burden, said Hampton, compliance and regulatory requirements for corporates continue to shift and must take precedence within firms’ financial strategy development. “All of this has come into play in the last couple of months.” “All of this has come into play in the last couple of months.”

Economics 77

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PYMNTS

JULY 5, 2020

The onboarding process is touted by the company as fast and safe, and Nine Peaks says it “assumes responsibility in the audit and transfer of data to ensure accuracy and privacy.”. Nine Peaks chief executive officer Eric Skidmore said the company wanted to boost HR due to its broad and vital role for B2B. “We

Auditing 56

Auditing B2B Compliance Securities 56

PYMNTS

MARCH 28, 2019

Automated expense report auditing company AppZen is introducing a new spend auditing platform to analyze supplier invoices using artificial intelligence (AI). “The major takeaway from this data is not that employees in certain industries commit more fraud,” AppZen noted at the time. ”

Invoicing 46

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PYMNTS

OCTOBER 14, 2019

John King, Ernst & Young Americas ’ vice chair for assurance, wants to see more consistency from the country’s audit regulator, the Public Company Accounting Oversight Board (PCAOB), and has called for a retooling of out-of-date quality control rules that are more in line with international standards.

Auditing 40

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PYMNTS

MARCH 27, 2019

But lengthy payment terms and missed invoice payments are not the only risk that B2B suppliers face, as recently showcased in the U.K. At the core,” she continued, “there was inadequate governance to oversee and manage Code compliance.”. Further, Co-op has introduced employee training to promote compliance. “We

Compliance 56

Compliance Invoicing Construction Auditing 56

PYMNTS

NOVEMBER 2, 2018

As legal cannabis spreads, the industry is a big opportunity for FinTech, as industry players struggle to manage intense compliance requirements and limited access to traditional financial services. See how nearly $174 million in funding for B2B startups landed in our roundup below. Veritas Finance. W2 is a U.K.-based Mission Secure.

B2B 75

B2B Startups Investments Compliance 75

PYMNTS

NOVEMBER 10, 2017

Especially for businesses that rely on manual expense reports, management and auditing processes, an employee that fudges a dollar amount here and there, or a worker who accidentally submits an expense report twice, mean companies can easily fall victim to fraud, both intentional and unintentional.

Accounts Payable 44

Accounts Payable Auditing Invoicing Compliance 44

PYMNTS

OCTOBER 30, 2020

Slow compliance checks and sluggish processing times are commonplace, especially on the legacy systems still used by many banks around the world. Automating Compliance. Cash payments are quickly falling to the wayside, with only 26 percent of all U.S. consumer purchases made with cash.

Compliance 91

Compliance Entertainment Auditing Banking 91

PYMNTS

JUNE 18, 2019

Corporate auditing and accounting firm KPMG remains in the crosshairs of regulators in various parts of the globe. Reports in The Street on Monday (June 17) said the case stems from the SEC’s investigation into allegations that KPMG employees cheated on internal training exams and used stolen information to alter previous audits.

Auditing 46

Auditing Compliance Accounting Accounting Firms 46

PYMNTS

SEPTEMBER 28, 2020

Smooth B2B operations depend on robust data gathering, but many companies rely on manual methods to collect information and complete supplier enrollment. Corporate buyers that fail to adhere to these regulatory requirements could face audits, fines and tax withholdings. Supplier enrollment portals could help.

Accounts Payable 66

Accounts Payable B2B Invoicing Auditing 66

PYMNTS

DECEMBER 6, 2020

Through 100 percent invoice integration, the service boasts improvements to savings, and offers a compliance audit feature that can help vendors cut spending.

Investments 60

Investments Healthcare Compliance Auditing 60

PYMNTS

APRIL 21, 2017

The company’s B2B eCommerce solution OroCommerce provides an open source platform that can help SMEs more efficiently brand themselves to corporate buyers and customize interfaces for a better eProcurement experience, without corporate users having to design in-house software to fit their unique needs. Take Oro, for instance.

Auditing 43

Auditing Risk Analysis B2B Compliance 43

PYMNTS

APRIL 10, 2019

Yet, as supply chains expand across borders, a new burden has landed on procurement teams’ shoulders: compliance. ” Electronic invoicing requirements are one example of markets’ heightening focus on tax compliance. . Audit Targets. “They are now audit targets.”

Compliance 55

Compliance Invoicing Auditing Accounts Payable 55

PYMNTS

SEPTEMBER 16, 2020

"One of the most exciting features within Acumatica Advanced Expense Management is its ability to detect corporate card use activities and remind the user to capture images of physical receipts for auditing and compliance purposes," she said, according to the release.

Reconciliations 76

Reconciliations Auditing Compliance Banking 76

PYMNTS

AUGUST 9, 2020

The service will “drive the efficiency of purchasing, invoicing and auditing for both members and suppliers of CHAMPS GPO,” the release says. Rusty Zosel , Procurement Partners chief executive, said the company looked forward “to bringing significant cost savings, compliance, and efficiencies through automation to them for years to come.”.

Invoicing 58

Invoicing Compliance Auditing Marketing 58

PYMNTS

OCTOBER 18, 2019

And it offers compliance services, auditing and predictive analytics to help firms quickly reply to trends. “We At the time, it was said to be one of the biggest for a Southeast Asia eCommerce startup and a major show of support among investors for the company’s increasing attention on the B2B side of the market.

Startups 40

Startups Auditing B2B Invoicing 40

PYMNTS

JANUARY 17, 2018

People are realizing that data entry and personnel can’t suffice anymore,” Israch said, citing fraud, tax and audit risks present in all commerce, but especially in commerce that crosses borders. Tipalti launched the program with a few partners already queued up: B2B CFO, EVO Payments International and SD Mayer.

Accounts Payable 40

Accounts Payable Auditing B2B CFO 40