PYMNTS

JULY 5, 2020

Bank of New York (BNY) Mellon has announced a new partnership with risk and payments solution provider Early Warning Services , aiming to boost digital B2B payments services for clients. That will have the effect of streamlining customer enrollments and payment processing.

Vendor Management 96

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PYMNTS

JULY 22, 2019

Features include vendor management, vendor payables, customer receivables and more. There is an opportunity to bring efficiencies into the B2B payments supply chain via richer data and automated processes,” said T. Ramachandran, Visa’s group country manager for India and South Asia.

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JUNE 22, 2020

. “The customer-first phase of the subscription economy has added a lot of value to B2B relationships,” he said, pointing to the opportunity for corporate customers to more easily adopt and integrate new technologies once out of their reach. It’s one of the key differences between B2C and B2B software offerings.

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B2C B2B Vendor Management Leverage 52

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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. trillion worth of sales by 2024. About The Playbook.

Invoicing 63

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AUGUST 26, 2016

Similarly, in B2B transactions, supply chain and vendor management becomes easier, and orders and payments can be done in an efficient manner.

B2B 41

B2B Vendor Management Reconciliations Communication 41

PYMNTS

MAY 12, 2017

B2B FinTech startups across the U.S., Accrualify provides procure-to-pay solutions, including vendor management, accounting, spend management and other features, looking to fill gaps left by other P2P solutions. Europe, Asia and the Middle East landed some more money in their pockets thanks to investors.

B2B 43

B2B Invoicing Startups Vendor Management 43

PYMNTS

MARCH 10, 2020

EnKash was aiming to reach startups with the credit card product, connecting small and medium-sized businesses with a revolving credit line to pay vendors, manage employee travel expenses, pay ultities and more. In separate news, India landed its first SMB credit card via EnKash per news last summer.

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MARCH 10, 2020

As a whole, these services have one thing in common: They all reflect technology’s heightened ability to promote stronger buyer-supplier partnerships, with solutions that deepen AR-AP ties while also looking at ways to use automation, data intelligence and FinTech to ease friction for both ends of the B2B transaction.

Accounts Payable 57

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SEPTEMBER 23, 2020

There are three new features — Intelligent Collections, Intelligent Vendor Management and Intelligent Planning — which are intended to remove time-wasting steps and friction and improve cash flow for corporate finance teams, the release stated.

Corporate Finance 70

Corporate Finance Finance Cash Flow Forecasting Vendor Management 70

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OCTOBER 14, 2016

American Express is a top player in the commercial card space but is perhaps best known in the B2B space as a provider of solutions for larger corporates. The credit card giant has teamed up with a familiar face in the SME FinServ industry, however, to heighten its presence among smaller firms. Reports on Thursday (Oct.

Finance 74

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APRIL 1, 2020

While eProcurement and vendor management technologies can help ease the friction, B2B trade doesn’t begin with the purchase order. While the physical proliferation of inventory can support accelerated B2B trade, the strategy comes with its own set of challenges, including the management of goods across multiple locations.

B2B 61

B2B Manufacturing Vendor Management Healthcare 61

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AUGUST 6, 2019

It’s a race that small and medium-sized businesses (SMBs), both B2C and B2B, can struggle to keep up with considering their limited resources to invest in warehousing, fulfillment, shipping and other logistics operations. For both B2B and B2C businesses, the consequences of a warehousing imbalance can be expensive.

B2C 61

B2C B2B Startups Vendor Management 61

PYMNTS

NOVEMBER 22, 2016

Those drivers may support the rise in consumer mobile payments, but economic factors in the Asia-Pacific region have also opened doors for B2B mobile payments to gain traction, too. MC Payment , a startup based in Singapore, is a FinTech startup in the region that is riding the B2B mobile payments wave.

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B2B B2C Vendor Management Reconciliations 65

PYMNTS

JANUARY 25, 2021

In separate news, PayMyTuition launched an international vendor management module to change how education institutions contend with international business payments, per news in September.

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MARCH 26, 2018

B2B payments startup Candex announced $3.5 This can lead to the administrative costs associated with vendor management exceeding the cost of the vendor’s services. “It B2B payments is an increasingly attractive target for investors. million in new funding late last week.

Accounts Payable 43

Accounts Payable Vendor Management B2B Startups 43

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MARCH 4, 2020

The boom in B2B FinTech has introduced a flurry of new solutions and platforms from which corporates and small businesses can choose. It’s a result, explained Gillette, of the legacy ERP no longer being suited to address the full range of businesses’ diverse financial and process management needs. The ERP’s Role in a FinTech World.

Cash Flow Forecasting 104

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AUGUST 6, 2019

IBM noted that it plans to deploy the Trust Your Supplier solution for its own supply chain and vendor management solutions. The company operates with more than 18,500 vendors, it said, and will first on-board about 4,000 North American suppliers in the coming months.

Vendor Management 46

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FEBRUARY 15, 2017

Sridharan said the original impetus for starting Kinnek actually came from his cofounder, who was a consultant that helped large enterprises to improve their supply chain and vendor management processes. He would help them find the right suppliers and manage their complex purchasing processes.

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NOVEMBER 1, 2020

The partnership will combine things like sourcing, contract and vendor management with spend analytics and insights to help boost processes. Suplari partnered with cloud-based sourcing firm Scout RFP earlier this year to help customers access better spend visibility and analytics.

Vendor Management 85

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DECEMBER 7, 2017

AeroFund has formed AeroPay Express , a unit that provides virtual procurement cards that act as a line of credit to business payers, as well as vendor management services. Vendors pay a fee to accept the virtual card payment. We understand that vendors need to get paid and may be willing to provide a discount for early payment.

Accounts Payable 40

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JUNE 23, 2020

The new integration with Suplari will “combine sourcing, contract, vendor management and pipeline with industry-leading spend analytics and sourcing insights” for a better experience for customers, the release states.

Vendor Management 69

Vendor Management Finance B2B 69

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JUNE 2, 2020

It says the product automates vendor invoice procedures, with the inclusion of “capture, registration, coding, approval, query, vendor management, reporting, and export to the customers’ ERP system.”. million users throughout the world in top organizations like Primark and the Finnish government.

Invoicing 52

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PYMNTS

APRIL 22, 2020

Qwil Co-Founder and CEO Johnny Reinsch said in the announcement, “The integration of our Supplier Payment Optionality with the SAP Fieldglass vendor management solution, provides payment options that help businesses get paid how and when they want.”.

SAP 52

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AUGUST 13, 2018

The PeopleScout MSP program partners expertise in staffing and supplier management with Vendor Management System (VMS) technology. Affinix Analytics also helps clients keep track of trends and create advanced alerts.

Vendor Management 40

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PYMNTS

SEPTEMBER 19, 2018

For Kaushan, though, the true answer lies in changing the mindset and culture of B2B payments and vendor management. “A Broadened access to alternative and traditional finance, seamless invoicing and ePayments capabilities, and government support of on-time payments all help.

Invoicing 64

Invoicing Accounts Payable Finance Vendor Management 64

PYMNTS

NOVEMBER 9, 2016

Earlier this month, the company revealed that its Abila MIP Fund Accounting and cloud-based Abila MIP Advance have been updated to streamline accounts payable, vendor management and invoice management and settlement workflows, all with the demand for compliance at the forefront of the upgrades.

Compliance 69

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OCTOBER 17, 2016

The first of several B2B FinTech firms looking to float and IPO in the coming weeks, Coupa priced its shares at $18 for initial tarding, saw its value spike all the way up to $41, and close at $33.28.

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B2B SAP Vendor Management Reconciliations 55

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JANUARY 29, 2020

Another major hurdle unique to the purchase-to-pay space is the process’s deep touch points with an array of other back-office functions within the enterprise, including vendor management, product sourcing, accounts payable, accounting, inventory management, contract management, manufacturing and distribution, and more.

Banking 52

Banking Accounts Payable Vendor Management Reconciliations 52

PYMNTS

JULY 14, 2016

Supplier management has been identified as a crucial component of the procurement process for businesses, in more ways than one. It can provide greater security and risk mitigation capabilities to a company, while others point to supplier management’s ability to lead to faster B2B payments.

Auditing 40

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JUNE 23, 2016

. “Usually, within the banks, it’s the procurement function that’s accountable for managing vendor risk,” Clare explained. “They’re the front line in terms of knowing who the vendors are, contractual relationships, driving accountability with those vendors.”

Vendor Management 40

Vendor Management Auditing Securities Banking 40

PYMNTS

APRIL 12, 2016

The nonprofit industry has a lot to gain from this payment technology, claims a new whitepaper from vendor management consulting firm Vendor Centric.

Nonprofit 40

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PYMNTS

JULY 22, 2019

The takeover of Switzerland-based STEPcom will enhance Canada-based Descartes’ current offering by adding STEPcom’s B2B supply chain integration solutions to its product suite. The takeover also presents new opportunities for Descartes to aggregate a broader range of supply chain data starting earlier in the B2B transaction cycle.

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B2B Vendor Management Technology Retail 46

PYMNTS

APRIL 13, 2016

Government procurement is the face of small business support, and the adoption of source-to-pay, spend management and digital invoicing tools can become a catalyst for adoption in the private sector. local and federal agencies may be upping the number of contracts out for vendors, but these companies have less time to act on the offer.

Performance Measuring 40

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PYMNTS

MARCH 15, 2017

Procurement professionals aren’t happy with the technology available to them, finds a new report from Consero Group.

B2C 42

B2C Cost Management Compliance Communication 42

PYMNTS

JULY 31, 2019

In a press release Tuesday (July 30), source-to-pay solution provider Nitor and spend management firm Ivalua said their work with the Maryland Department of General Services has led to the successful launch of the eMaryland Marketplace Advantage (eMMA) system.

Vendor Management 40

Vendor Management Education Technology B2B 40