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

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

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

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

NOVEMBER 4, 2020

Even with the digitization of the invoice, fraud remains a rampant problem, and it's not only the buy-side of the B2B equation faced with the consequences. Deepfake technology means criminals can masquerade their own voices to convince unwitting employees to approve an invoice for payment, for instance. It's just inefficient.".

Invoicing 90

Invoicing Auditing B2B Accounts Payable 90

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

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 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 9, 2020

The conversation came against a backdrop where, at a high level, B2B payments account for $120 trillion globally on an annual basis. The conversation came against a backdrop where, at a high level, B2B payments account for $120 trillion globally on an annual basis. B2B Use Cases Are Mushrooming. What 2021 Will Bring.

B2B 134

B2B Reconciliations Accounting Invoicing 134

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

NOVEMBER 19, 2020

While optimizing B2B payments is often about combating friction at the moment of transaction, the truth is, the B2B payment experience often happens way before any money is ever actually moved. There are many ways that onboarding a new B2B customer can be a headache for suppliers that sell goods and services online.

B2B 105

B2B eCommerce B2C Prioritization 105

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

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

JANUARY 20, 2021

Among the largest is the ongoing use of paper and manual workflows like invoice processing. Manual invoicing is your worst enemy,” said Ramachandran, highlighting its risks and challenges related to fraud, errors and inefficient auditing.

B2B 125

B2B Invoicing Prioritization Corporate Finance 125

PYMNTS

MAY 21, 2020

In an interview with PYMNTS, Xavier Ginesta , chairman at Voxel Group , which focuses on B2B payments, said that friction exists for B2B payments within the travel space — but that friction can be eased with eBilling and ePayments. He said that technology can help relieve some of the pain points of B2B travel payments.

B2B 94

B2B Invoicing Accounts Payable Currencies 94

PYMNTS

JANUARY 13, 2020

As Travelex works to regain control of its systems, restore operations and mitigate any future fallout from the incident, the cyberattack is yet another reminder that one company’s cyber vulnerabilities can have far-reaching effects throughout the B2B supply chain. According to local Kentucky Today reports, $1.5

B2B 89

B2B Invoicing Currencies Construction 89

PYMNTS

JULY 14, 2020

American Express has launched a new automated accounts payable solution, American Express One AP, to help businesses digitize B2B payment processing, according to a press release. And the digital shift is going to be permanent for many areas of life, with companies exploring new ways to digitize payment processes.

B2B 101

B2B Accounts Payable Invoicing Accounting 101

PYMNTS

JANUARY 25, 2021

To help customers handle their accounts receivable (AR) while conserving time and financial resources, pre-accounting technology company Expensify unveiled a bolstered invoicing feature. Barret said in the release that Expensify is the first to develop a product that knows that each invoice a user sends is a bill than another entity gets.

Invoicing 99

Invoicing Accounting Technology B2B 99

PYMNTS

NOVEMBER 9, 2020

HashCash Consultants has integrated its HC Corporate Payment features with the existing infrastructure for B2B payments, according to a press release. With the new upgrade, HashCash customers will now have access to real-time document sharing, automation and reconciliation, available instantly through B2B payments, the release stated.

B2B 93

B2B Reconciliations Invoicing Securities 93

PYMNTS

NOVEMBER 18, 2020

Global payments startup Veem is launching a new business-to-business (B2B) tool to simplify and automate domestic payments, the company announced in a Wednesday (Nov. A recent study showed that 43 percent of invoices are affected by late payments. 18) press release.

B2B 109

B2B Startups Invoicing Accounting 109

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

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

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

OCTOBER 28, 2020

B2B ’s pain points when it comes to payments are well known — where paper checks dominate, where even the fax machine makes an appearance. Along the way, they said, the B2B payments landscape itself will be transformed, chiefly through digitalization and verticalization. Interconnectivity And Embedded Finance.

B2B 97

B2B Entertainment Transportation Invoicing 97

PYMNTS

OCTOBER 6, 2020

Against that backdrop, Aavenir recently announced an update to the Invoiceflow application that is geared toward making automatic invoicing even speedier through artificial intelligence (AI)-based invoice extraction. The updates, the company said, will speed invoice processing by 10 times and cut processing costs by 80 percent.

Invoicing 93

Invoicing Accounts Payable Auditing Accounting 93

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

MAY 14, 2020

Invoice inaccuracies caused by either honest mistakes or deliberate fraud quickly add up if not caught and corrected, and unexpected monetary drains cause budgets to fall short of projections. Three-Way Invoice Matching. Forry noted that automating invoice processing and using three-way matching help prevent billing mistakes.

Invoicing 89

Invoicing Retail Accounts Payable Manufacturing 89

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

MARCH 31, 2020

No one payment rail can solve every point of friction in B2B payments. This week’s look at payment rail innovation explores how corporates and FinTech providers embrace variety to ease friction in card acceptance, employee payroll and invoice payments. Crypto.com Enables Crypto Invoice Payments.

B2B 77

B2B Invoicing Banking Leadership 77

Global Finance

FEBRUARY 5, 2025

The business-to-business (B2B) BNPL transaction works similarly to the business-to-consumer (B2C) BNPL transaction. Using B2B BNPL, MSMEs avoid tapping their credit lines to pay invoices and avoid trade credit negotiations. Little: B2B BNPL has become a must-have not only in retail but across various sectors.

B2C 52

B2C B2B Invoicing Credit Risk 52

PYMNTS

MARCH 30, 2020

Cash flow has never been more critical to businesses as it is right now, and both the private and public sectors are taking action to ensure B2B payments continue to flow through the supply chain. ” Despite the initiative, the impact of the coronavirus pandemic on B2B payments flow has been inconsistent throughout the globe.

B2B 89

B2B Marketing Construction Invoicing 89

PYMNTS

OCTOBER 14, 2020

And he noted, too, that the “verticalization” of B2B is upon us. Deploying the right solutions hearkens back to the “jobs to be done” theory of innovation noted by Webster during an earlier B2B webinar. B2B Verticalization. To see all prior programming on demand, please visit PYMNTSTV and the B2B channel.

B2B 97

B2B Accounts Payable Reconciliations Economics 97

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

DECEMBER 1, 2020

Businesses also may find paper checks to be untenably slow and cumbersome to issue or receive from far-flung partners, and such trends are causing a growing global momentum for adopting swifter, more streamlined accounts payable (AP) tools and business-to-business (B2B) payment methods. Alibaba On Digitizing Cross-Border B2B Payments.

B2B 87

B2B Accounts Payable Invoicing Economics 87

PYMNTS

MAY 20, 2020

To that end, Ajay Agrawal , CEO and founder of SirionLabs , told PYMNTS, “invoice leakage” occurs when firms do not have the ability to review invoices from their suppliers on a “granular level,” which leads to missed opportunities to spot discrepancies.

Invoicing 78

Invoicing Auditing Technology Economics 78

PYMNTS

DECEMBER 28, 2020

While 2020 has been a monumental year for B2B payments digitization and innovation, plenty of friction still exists in the way corporate buyers pay their suppliers. A variety of B2B payment tools have stepped up their efforts to address this friction. The Rise Of BNPL.

B2B 81

B2B Invoicing B2C Reconciliations 81

PYMNTS

JUNE 25, 2020

As accounts payable (AP) and accounts receivable (AR) operations continue to converge for many organizations, buyers and suppliers are increasingly acknowledging the value of using each other’s technology platforms to promote stronger B2B relationships. Peasy recently launched in the U.K. Esker Adds Credit Tech To AR Platform.

Invoicing 112

Invoicing Accounts Payable B2B Currencies 112