PYMNTS

FEBRUARY 1, 2021

If at that time, someone would have asked Citi Managing Director and Global Head of Domestic Payments and Receivables Anupam Sinha how long it would take for corporate treasury organizations to fully embrace digital , he said his answer would likely have been something along the lines of, “Don’t hold your breath.”.

B2B 94

B2B Treasury Accounts Payable Cash Management 94

PYMNTS

JUNE 10, 2020

Bank features will allow freight carriers new B2B payment options such as a new dashboard for better receivables visibility and a way to pay invoices much quicker, according to a June 10 press release. Bank says will expedite things for carriers who work under the typical 45- to 90-day contract pay terms.

Invoicing 52

Invoicing Banking Cash Management Auditing 52

PYMNTS

OCTOBER 27, 2016

But B2B payment habits continue to stifle suppliers’ growth plans across the globe, found the latest Working Capital Outlook Survey released by C2FO this month. there is evidence that B2B payment practices are improving. In the U.S., Just 14 percent of U.S. But the U.S. experience is not universal: In the U.K.,

Cash Management 75

Cash Management B2B Finance Economics 75

PYMNTS

OCTOBER 9, 2019

When it comes to invoicing, micromanagement stands in the way of corporate progress, and is the false light at the end of the tunnel. Nowhere is that more apparent than when the CEO or other executive in charge of approving transactions examines every invoice, whether in paper form crossing their desk or through emailed PDFs.

Invoicing 55

Invoicing B2B B2C Education 55

PYMNTS

NOVEMBER 22, 2016

offers small and medium-sized businesses a way to manage cash flow by offering solutions like invoice and expense management, reports explained, adding that the company currently serves about 3,750 SMEs in the country. The company secured $650,000 from Kae Capital and Khosla Impact, reports said Monday (Nov. Numberz.in

Cash Management 71

Cash Management Startups B2B Invoicing 71

PYMNTS

OCTOBER 20, 2017

19), Bank of the West revealed news that it is adding new cash management solutions for its commercial banking customers. Bank of the West’s Commercial Banking Group announced the rollout of DirectPay Manager and Remote Cash Capture, two solutions aimed at facilitating cash flow management for corporate clients.

Cash Management 40

Cash Management Banking Transportation Invoicing 40

PYMNTS

NOVEMBER 6, 2019

If a small business buys office suppliers from a vendor once a month, it can be relatively straightforward for the accounts payable (AP) department receiving that supplier invoice to notice if their company has been overcharged. Validation [of these complex invoices] is done by exception or sampling, and that’s not surprising,” he said.

Invoicing 40

Invoicing Accounts Payable General Ledger Forecasting 40

PYMNTS

OCTOBER 10, 2016

“We’ve seen companies that get nailed from a cash flow perspective,” Grant said. “Maybe clients haven’t paid that invoice, but they’re obligated to the employee to reimburse quickly.”

Cash Management 76

Cash Management SAP Finance Invoicing 76

PYMNTS

AUGUST 5, 2019

B2B payments startup ePayRails has announced new funding to focus on further technological development of its Payment Hub. million in Series A funding led by Aspire Fund Management, which provided $2 million. In a press release Friday (Aug. 2), ePayRails said it secured $2.45 ” .

B2B 40

B2B Startups Securities Accounts Payable 40

PYMNTS

JANUARY 30, 2017

Trade finance, they said, could help boost efficiency in cash management and supply chain (via dynamic discounting on invoices). In the example of C2FO’s own offerings, suppliers look for early payment on their invoices (and buyers offer their own approved invoices) uploaded onto the online marketplace.

Cash Management 49

Cash Management Treasury Invoicing Currencies 49

PYMNTS

AUGUST 7, 2020

Unisys has partnered with PayCargo , which works in electronic invoicing and settlements for shipping companies, to deliver a new payments platform for cargo providers that a press release touts as more secure and faster.

Securities 102

Securities B2B Auditing Cash Management 102

PYMNTS

SEPTEMBER 20, 2017

JPMorgan Chase is the latest financial institution to team up with a B2B payments FinTech. 19) announced news that JPMorgan is partnering with Bill.com to integrate its B2B payments technology into its own Chase platforms early next year. It’s not JPMorgan’s first FinTech partnership in its effort to boost B2B services.

B2B 50

B2B Invoicing Cash Management Accounting 50

PYMNTS

JANUARY 16, 2020

Open banking and its promise of more elasticity in finance is enabled by application program interfaces (APIs) — lines of code that execute everything from simple peer-to-peer (P2P) transfers to industrial-sized B2B real-time payments. That idea understandably has immense appeal to SMBs, and APIs are the conduit.

B2B 53

B2B Finance Banking Cash Management 53

PYMNTS

DECEMBER 21, 2016

The NBA’s Orlando Magic may not be the first franchise that comes to mind when one thinks of B2B payments technology, but Viewpost changed that with its announcement Tuesday (Dec. Viewpost is like Facebook for B2B payments,” said Orlando Magic Vice President of Finance Jeff Bissey in a statement. “It

B2B 50

B2B Invoicing Planning Cash Management 50

PYMNTS

MAY 31, 2019

based B2B FinTechs led the way in this week’s investment roundup, with more than $212 million in new funding falling in the hands of startups targeting a range of enterprise operations. Accounts payable, cloud migration, Big Data and even legal management for startups raising new funding were all targeted among investors.

B2B 57

B2B Accounts Payable Invoicing Valuation 57

PYMNTS

MAY 19, 2017

Find out which startup landed the cash, along with the other B2B startups that saw their share of investments this week, below. Supply Chain Management. supply chain management company AKUA announced $3 million in Series Seed financing this week. Cash Management. B2B Marketing. Based in the U.S.,

B2B 61

B2B Investments B2C Cash Management 61

PYMNTS

NOVEMBER 23, 2020

Indeed, according to Fiskl CEO and Founder Alina Lapusneanu , entrepreneurs are searching for solutions that can multitask, and embrace a wide range of functionality to tackle more pain points around banking, payments and cash management — all at once. All About Cash Flow.

Finance 106

Finance Invoicing Cash Management Reconciliations 106

PYMNTS

MARCH 4, 2020

Business to business (B2B) application programming interfaces (APIs) are helping smooth the flow of data between companies, including businesses and their financial services software as well as between banks and their corporate clients. Around The B2B API World. Other banking integrations seek to revamp B2B payments.

Treasury 96

Treasury B2B Cash Management Leverage 96

PYMNTS

FEBRUARY 15, 2017

small businesses are losing billions of dollars every year because they aren’t properly managing company cash flow, a new survey finds. billion every year, collectively, because they spend so much time managing company finances like invoices, employee expenses and financial forecasting. Reports Tuesday (Feb.

Cash Management 43

Cash Management Invoicing Startups Forecasting 43

PYMNTS

DECEMBER 1, 2016

Millions of dollars worth of unpaid invoices are written off by U.K. Researchers released the statistic this week to highlight the growing issue of late B2B payments in the U.K. Invoice finance is becoming a popular way for companies to remedy the issue. That’s a lot of money that SMEs in the U.K.

Invoicing 43

Invoicing Finance B2B Cash Management 43

PYMNTS

SEPTEMBER 20, 2016

And that’s just a slice of the B2B subscriptions sphere, said Tyler Eyamie, CEO of subscription billing solutions provider Fusebill , in a recent chat with PYMNTS. They have humans literally charging customers’ credit cards or sending out invoices and running around to collect, and then keeping a separate spreadsheet.”

B2B 78

B2B Accounting Invoicing Entertainment 78

PYMNTS

NOVEMBER 15, 2019

But shifting priorities among buyers and suppliers have elevated the opportunity for cards to meet changing cash management needs. Further, Leavitt added, the commercial card sits nicely within the B2B market’s demand for data. Bending the Card Rails. One hurdle for the rail revolves around data.

B2B 53

B2B Accounts Payable Cash Management Reconciliations 53

PYMNTS

MARCH 27, 2019

Accounts payable (AP) automation company Tipalti is expanding its reach into the market by partnering with three new B2B companies, which will extend Tipalti’s solutions to their own customers.

B2B 46

B2B Accounts Payable Reconciliations Cash Management 46

PYMNTS

SEPTEMBER 17, 2019

Instead, taking a look at the latest solutions to emerge on the market shows various applications for speed in commercial transactions, from faster deposits for small businesses, to virtual cards enabling faster invoice payments for suppliers. Chase Accelerates SMB Bank Deposits.

Accounts Payable 43

Accounts Payable B2B Accounting Invoicing 43

PYMNTS

APRIL 29, 2016

In an announcement on Wednesday (April 27), APEX Analytix revealed a four-step cash management strategy to combine data analytics and supplier management tools. Accounts payable and procurement are partnering with treasury to look at cash management more holistically,” the executive said.

Cash Management 40

Cash Management Accounts Payable Treasury Invoicing 40

PYMNTS

SEPTEMBER 30, 2016

B2B startups saw a little bit of everything this week when it came to venture capital. And that goes for the industries covered, too, with treasury management’s Kyriba, blockchain’s BlockApps and enterprise security’s Druva landing on the board, to name a few. Expense Management. Enterprise Security.

B2B 70

B2B Treasury Startups Cash Management 70

PYMNTS

JANUARY 27, 2017

26) that it is launching Invoice-Link , an app that allows pharmacies to manage invoices submitted by partnering couriers online. The solution imports those invoices, validates the delivery charges on the document and can use that information to generate reports to manage deliveries. The firm said Thursday (Jan.

Auditing 41

Auditing Cash Management Invoicing Finance 41

PYMNTS

SEPTEMBER 26, 2016

From sourcing to invoicing, B2B transactions involve a lot of steps before the actual payment. Using FIS-run PayNetExchange to process ACH, checks and virtual cards and using Comdata to issue Mastercard commercial cards, Corcentric pulls in payment capabilities across a range of rails to support the last mile of the B2B transaction.

B2B 65

B2B Cash Management Invoicing Securities 65

PYMNTS

AUGUST 9, 2017

That’s because these companies are often working onsite and in the field, therefore having to issue invoices and accept payment on-the-spot, too. are sitting on $825 billion in unpaid invoices, with the average small- to medium-sized business (SMB) owed $84,000. Fundbox researchers estimated that small businesses in the U.S.

Invoicing 45

Invoicing Advertising Cash Management Securities 45

PYMNTS

FEBRUARY 19, 2019

the outlook of how accelerated transaction times might impact B2B payments and, more specifically, the issue of late payments to suppliers, remains unclear. When NACHA first released its Same Day ACH capability, only about 6 percent of the first 2 million transactions made in the service’s first 11 days were B2B payments.

Accounting 75

Accounting Cash Management B2B Invoicing 75

PYMNTS

JULY 16, 2019

Billie, a Germany-based startup offering invoicing and financing solutions for small businesses and corporates, announced about $33.6 Billie operates a platform upon which companies can send invoices to their corporate customers, collect payments and access invoice financing on unpaid bills.

Finance 40

Finance Invoicing B2B Accounts Payable 40

PYMNTS

JULY 14, 2017

B2B FinTech venture capitalists are finally in the full swing of summer, with one of the hottest weeks in the industry so far. With headquarters in California, PayStand provides cash management and accounts receivable solutions to business customers using blockchain and SaaS tools. But — surprise! — Check out who it is.

B2B 53

B2B Startups B2C Cash Management 53

PYMNTS

DECEMBER 1, 2016

Unfortunately, for both buyers and suppliers, friction and B2B payments tend to go hand in hand. From paper checks and invoices, to phone calls to track down payments and manual processes, there are many pain points impacting the flow of transactions between buyer and suppliers. Giving Back Control. Who Has The Power?

B2B 51

B2B Invoicing Leadership Cash Management 51

PYMNTS

FEBRUARY 6, 2020

B2B demand for real-time payments has been ramping up, with companies looking to free themselves from the limitations of batched processing. Faster payments allow firms to unlock improved invoicing terms and just-in-time stock management in addition to receiving their funds quickly. Opening up to Faster Transactions.

B2B 64

B2B Treasury Banking eCommerce 64

PYMNTS

SEPTEMBER 21, 2017

Invoice financing company PeerPay is working with cash flow management firm CaFE to enhance small business (SMB) services. 20) that PeerPay, operated by FloFunder , is working with CaFE in an effort to bring greater transparency and predictability into small- and medium-sized business cash management.

Invoicing 43

Invoicing Finance Cash Management Accounting 43

PYMNTS

MARCH 18, 2020

In a recent conversation with PYMNTS, Bectran Business Development & Implementation Manager Dominic Biegel said it is certainly a possibility that the continued impact of the coronavirus pandemic could add pressure on businesses to migrate away from paper invoices, or shift their own customers toward electronic payments.

Reconciliations 80

Reconciliations Invoicing Communication B2B 80

PYMNTS

APRIL 1, 2016

Corporations have been chastised in recent years as floods of new data reveal the ongoing prevalence of paper checks in B2B payments. Bank’s head of receivables solutions for treasury management. The B2B payments space, on the other hand, not so much. The B2B space has, historically, had challenges.”. B2C To B2B.

B2B 41

B2B Accounts Payable B2C Banking 41