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GST Council Meet: New GoMs on insurance & compensation cess to B2C e-invoicing pilot, here are key highlights

CFO News

The 54th GST Council meeting concluded on Monday unveiled major reforms, including new Groups of Ministers, tax rate adjustments, and a voluntary B2C e-invoicing pilot, shaping India's tax landscape. ETCFO brings to you key highlights

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FinTech Innovation Eases B2C Sellers’ Entrance Into The B2B World

PYMNTS

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.

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Financial Considerations when Moving from B2B to B2C

CFO Selections

What do you need to think about when transitioning a portion of your business from a B2B model to a B2C model? This type of major strategy shift requires a full-scale examination of every facet of the organization – sales, marketing, operations, manufacturing, supply chain, logistics, and R&D.

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A B2C Merchant’s Guide To The B2B Ecosystem

PYMNTS

The business-to-business (B2B) market can offer countless opportunities for traditionally business-to-consumer (B2C) merchants to expand their businesses and boost their bottom lines. The trouble is that the ins and outs of managing B2B payments can be far more complex than those to which most B2C retailers are accustomed.

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The B2B, B2C Realms Of eCommerce Are Headed For Convergence

PYMNTS

The company is currently developing a data platform for both B2B and B2C online sellers that not only need to meet the needs of buyers today, but future-proof their sales strategies for tomorrow. Whether that seller is a B2B or B2C seller matters less as the eCommerce environment grows more sophisticated.

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Market Volatility Gives B2C Sellers’ The Chance To Go B2B

PYMNTS

B2C Sellers’ B2B Incentive. Ad-hoc procurement can be a powerful incentive to nudge traditionally B2C sellers into the B2B ecosystem, which presents the opportunity for large retailers to expand their revenue stream, Spear explained. “As you get the use case right, you can replicate that across a whole vertical.”

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B2C Food Platform GrubMarket Nets $60M, Eyes IPO

PYMNTS

GrubMarket works in a B2C role in which it ships goods to individuals, and also a B2B role by supplying grocery stores, meal kit startups and other companies, TechCrunch reported. Participants included BlackRock, Reimagined Ventures, Trinity Capital Investment and numerous others, TechCrunch reported.

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