PYMNTS

NOVEMBER 5, 2020

Transacting with vendors through paper checks and receiving paper invoices have become more difficult due to postal service disruptions, companies’ shifts to working out of office and financial strains, however. These strains are prompting more construction firms to turn to faster, digital means of conducting their B2B transactions.

Invoicing 64

Invoicing B2B Construction Accounts Payable 64

PYMNTS

JULY 27, 2020

Although there are countless ways a cybercriminal can swindle funds from a company — either from the outside or within — it’s often the invoice at the center of the crime. This week’s Data Digest looks at the latest in B2B payments fraud and the invoice’s role in supplier payment redirect scams, credential theft and more.

Invoicing 101

Invoicing Accounts Payable Advertising B2B 101

PYMNTS

MAY 14, 2020

American Express is teaming up with Invoiced to help customers with an exclusive offer for 40 percent off an Invoiced subscription for the first two years. percent still receive invoice information via paper mail. percent still receive invoice information via paper mail.

Invoicing 96

Invoicing B2B Communication Accounting 96

PYMNTS

DECEMBER 29, 2020

Although it occurred under dire circumstances, 2020 was the year that many organizations finally ditched the paper check in B2B payments — or, at the very least, helped to move the needle toward electronic payments. B2B payments are messier than B2C payments," said Chanda. Empowering Finance Professionals.

B2B 114

B2B Reconciliations Accounts Payable Invoicing 114

PYMNTS

NOVEMBER 10, 2020

Accounts payable (AP) and payment automation provider AvidXchange has rolled out a connection with Concur® Invoice for vendor payments. Concur Invoice lets companies ingest and digitize invoices via machine learning, integrating the payments in one system to supervise expenditures. 10) announcement.

Invoicing 88

Invoicing Accounts Payable SAP B2B 88

PYMNTS

DECEMBER 15, 2020

Frictions like these are pushing more businesses to rethink their legacy approaches to business-to-business (B2B) payments and adopting various digital options for sending money. A recent report finds many companies are leveraging AI to help them more swiftly automate vendor invoices and support their liquidity management decision making.

Healthcare 107

Healthcare B2B Invoicing Accounts Payable 107

PYMNTS

JANUARY 16, 2020

B2B invoicing and payments firm Crowdz has announced a new pilot aimed at connecting businesses to crowdfunding services to finance their unpaid invoices. 16), Crowdz announced it is rolling out what it claims to be the world’s first invoice financing marketplace, InvoiceXchange, in pilot phase.

Invoicing 67

Invoicing B2B Startups Finance 67

PYMNTS

NOVEMBER 3, 2020

The company has connected its SecurePay payment gateway solution within the accounting platform, allowing for SMBs to generate invoices and receive payment without having to leave QuickBooks. According to Yakov, it can certainly support digitization of B2B payments, with SecurePay able to support both ACH and card transactions. "I

Invoicing 60

Invoicing B2B Accounts Payable eCommerce 60

PYMNTS

DECEMBER 30, 2020

The B2B payments ecosystem experienced a sudden and dramatic acceleration of change upon the onset of the global pandemic, and its impacts reach far beyond the mere digitization of the B2B transaction. The Coexistence Of Rails. Often, that means the cooperation of multiple rails at once.

B2B 119

B2B Accounts Payable Invoicing B2C 119

PYMNTS

AUGUST 3, 2020

When it comes to B2B payments fraud, it’s not a matter of if it happens, but when. While eliminating paper is a much-needed first step to combatting B2B payments fraud, electronic payments aren’t immune to the risk, either. “Everybody needs to be suspicious,” he said.

B2B 131

B2B Invoicing Accounts Payable Accounting 131

PYMNTS

JUNE 17, 2020

Today, B2B payment terms are in dramatic flux, while supply chain disruptions have led to bottlenecks that leave some vendors in short supply of cash. Financiers will have to embrace technologies like sophisticated data analytics to mitigate risk without stifling access to capital for B2B traders that need it. ”

Invoicing 68

Invoicing Finance B2B Credit Risk 68

PYMNTS

NOVEMBER 4, 2020

India's Tradologie is looking to make the country a "self-reliant and self-sustaining powerhouse" through a B2B platform that facilitates uninterrupted trade for both local and foreign parties. Working with the enterprise, he said, can help with the addition of layers to soothe friction in the B2B onboarding process.

B2B 117

B2B Vendor Management Invoicing Manufacturing 117

PYMNTS

OCTOBER 14, 2019

Finnish invoicing company Enterpay announced that it has closed a €1 million ($1.1 Headquartered in Helsinki, Enterpay’s automated invoicing payment solution works to optimize the payment process for B2B eCommerce companies, allowing them to increase profitable customers via improved credit scoring and automated invoicing.

Invoicing 46

Invoicing B2B Risk Management eCommerce 46

PYMNTS

OCTOBER 22, 2020

Old-school business-to-business (B2B) transaction methods like sending and waiting on checks and physical invoices are more difficult to stick with now that many offices are closed and financial teams are working from home. How B2B Sellers Overcome International AR Challenges. Clients are not the only ones causing slow payments.

Invoicing 63

Invoicing B2B Foreign Exchange Accounts Payable 63

PYMNTS

DECEMBER 13, 2020

Paymerang , which works in accounts payable (AP) automation, has debuted its new Invoice Automation Solution, which a press release stated will help organizations with efficiency, accuracy, visibility and getting rid of manual paper processes. He added that it also helps companies go paperless via electronic processing and archiving.

Invoicing 112

Invoicing Accounts Payable Risk Management Budgeting 112

PYMNTS

DECEMBER 28, 2020

In this week's B2B Data Digest, PYMNTS breaks down the numbers behind the latest cases of fraud, including the growing risks of small business loan fraud, a case of expense fraud, and the ever-persistent Business Email Compromise risk intensified by Brexit uncertainty. The DOJ accuses the individual of fraudulently invoicing more than $1.5

B2B 116

B2B Accounts Payable Invoicing Manufacturing 116

PYMNTS

APRIL 27, 2020

Challenger bank Shine , a French startup, has introduced a new program to insure invoices to help make sure they are paid, according to a TechCrunch report. With Shine’s new service, after an invoice goes unpaid for a certain amount of time, the bank contacts the other company to remind them to pay.

Invoicing 70

Invoicing B2B Startups Accounting 70

PYMNTS

DECEMBER 9, 2020

The takeover signaled an evolution of the company's business model from a traditionally business-to-consumer (B2C) seller, to one that includes business-to-business (B2B) operations. It was also indicative of a growing trend of B2C merchants expanding into the B2B realm in an effort to take advantage of a surging market.

B2C 118

B2C B2B Accounts Payable Invoicing 118

PYMNTS

JANUARY 11, 2021

Having invoices financed is one way to combat late B2B payments, but in Europe, one watchdog is raising concerns that new standards for default may see a dramatic rise in soured debts. In this week's B2B Data Digest, PYMNTS rounds up the latest data on late payments, including the stats behind the EBA's new rules.

B2B 70

B2B Invoicing Finance Retail 70

PYMNTS

JULY 3, 2020

There are a multitude of benefits that open banking brings to B2B payments. The following Deep Dive explores open banking initiatives around the world, how APIs can harness open banking to facilitate B2B payments and how APIs can reduce the prevalence of outdated and insecure data-sharing methods. Both the U.K.

B2B 111

B2B Banking Invoicing Reconciliations 111

PYMNTS

NOVEMBER 13, 2020

Managing inventory, B2B payments and a plethora of food and beverage vendors can be a headache for any kind of restaurant, bar or retailer. Despite a growing community of FinTech solutions geared toward the industry, managing invoices and B2B payments remains a challenge. Managing The Invoice.

B2B 87

B2B Invoicing Retail Compliance 87

PYMNTS

NOVEMBER 17, 2020

Compared to their direct-to-consumer (D2C) counterparts, the heavy-lifting, hardworking B2B businesses of the world have always been chided for being a few clicks behind when it comes to embracing and investing in payments technology. B2B historically has been pretty behind, especially around payments,” Prados said. Social Commerce.

B2B 108

B2B Invoicing eCommerce Securities 108

PYMNTS

NOVEMBER 25, 2020

In B2B payments, the path to making transactions as seamless and invisible as possible is often about closing the gap that separates buyer and supplier. While a growing population of B2B FinTech solutions has helped to connect B2B buyers and sellers, more platforms can create more friction on either end of the equation.

B2B 116

B2B Invoicing Reconciliations Accounting 116

PYMNTS

JULY 8, 2020

Both offerings, American Express said in its announcement , will “help businesses streamline and automate their invoicing and expense management processes.” Employees will be able to pay company invoices using American Express cards from within Concur Invoice.

SAP 68

SAP Invoicing B2B Economics 68

PYMNTS

MAY 13, 2020

Late payments have always plagued business-to-business (B2B) commerce, but the problem is coming to a new head. 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.

Invoicing 79

Invoicing Accounts Payable B2B Budgeting 79

PYMNTS

MAY 4, 2020

The Optimizing AP and AR Playbook , a collaboration between PYMNTS and OnPay Solutions , found last month that an estimated nine billion paper invoices are processed every year in U.S. “The ultimate B2B payment is really a virtual card,” he said. “Any strategic CFO will recognize the need for digital transformation.”

Invoicing 66

Invoicing Accounts Payable B2B Reconciliations 66

PYMNTS

JANUARY 8, 2021

Today in B2B payments, ActiveWorx launches its B2B payment optimization tool, while PayJunction debuts an eInvoicing feature. ActiveWorx Introduces B2B Payments Offering on AP Platform. has rolled out B2B payments optimization offerings on its platform. PayJunction Debuts Digital Invoicing for Virtual Terminal Clients.

B2B 86

B2B Treasury Invoicing Finance 86

PYMNTS

MARCH 12, 2020

If we’re talking about business-to-business (B2B) payments, the speed of business is nothing to brag about. The outmoded B2B payments landscape stands in stark contrast to the business-to-consumer (B2C) and peer-to-peer (P2P) spaces where instant money and real-time payments are becoming the norm. So, what is the speed of business?

B2B 63

B2B B2C Invoicing Retail 63

PYMNTS

MARCH 26, 2020

Growing awareness of the cash flow pain caused by late B2B payments has led to increased calls to incentivize, and in some cases even mandate that larger corporates accelerate their invoice payment processes when working with small suppliers. In all, more than one-third of businesses surveyed admitted to this slip-up.

B2B 72

B2B Accounting Invoicing Accounts Payable 72

PYMNTS

DECEMBER 2, 2020

There’s an imbalance in B2B payments — between buyers and suppliers, and between automation on one side of the cash flow equation and manual, paper-based processes on the other. Aquilina said that’s partly because historically, B2B payments innovation efforts — especially via FinTechs — have focused on buyers. Change Is In The Air .

B2B 79

B2B Invoicing Accounts Payable Reconciliations 79

PYMNTS

DECEMBER 29, 2020

The B2B payments landscape has always been evolving, but change in the industry has never been more acute than right now. But the challenge of igniting B2B payments innovation may not be as arduous as many chief financial officers (CFOs) and others believe, said Josh Cyphers , president of Nvoicepay , a FLEETCOR company alongside Comdata.

B2B 82

B2B Accounts Payable Invoicing Reconciliations 82

PYMNTS

JUNE 15, 2020

This week’s B2B Data Digest looks at the latest news in how businesses are responding to that call. Elsewhere in the region, analysts warn of a deterioration of B2B payments practices in the United Arab Emirates (UAE), and a rising demand for trade credit in markets like China and Taiwan. 1 million pounds ($1.3

B2B 73

B2B Invoicing Manufacturing Finance 73

PYMNTS

NOVEMBER 3, 2020

Today in B2B, Bloomberg broadens its credit risk data pool, and two ERP solutions secure B2B payments integrations. Plus, Everlink strikes a partnership for real-time B2B payments. Everlink, FINTAINIUM Team Up To Offer Real-Time B2B, B2C Payments. Palette Software Integrates With Aptean ERP For B2B AP Automation.

Credit Risk 88

Credit Risk B2B Accounts Payable B2C 88

PYMNTS

NOVEMBER 18, 2020

New Jersey-based invoice-to-cash platform Billtrust has upgraded the machine learning (ML) capabilities of its business-to-business (B2B) cash application software, the company announced Wednesday (Nov. The goal is to quickly convert payments to cash.

B2B 102

B2B Accounts Payable Invoicing CFO 102

PYMNTS

MARCH 10, 2020

Joust, a banking app in Austin, has announced it will pay users on their unpaid SXSW invoices to help them deal with the cancellation of the huge yearly festival, according to a release. ” Joust will use its invoice factoring tool, PayArmour, to fund the invoices.

Invoicing 102

Invoicing Finance Banking Accounting 102

PYMNTS

JULY 6, 2020

Steady digitization in stale B2B payments and the open banking movement are two closely related and increasingly exuberant expressions of money’s digital makeover. Impacts expected from open banking on the laggard B2B payments space are hard to understate. It’s worth the effort, as the growing number of B2B payments use cases prove.

B2B 76

B2B Banking Invoicing Education 76

PYMNTS

NOVEMBER 2, 2020

APS Payments , which works in omnichannel B2B payments, is integrating tech with enterprise resource planning (ERP) product Sage X3 to allow for quick and secure payments, according to a press release. With APS ClickToPay, companies can have customer invoices paid directly to accounts receivable.

B2B 74

B2B Reconciliations Invoicing Currencies 74