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Being able to track the flow of funds and correctly auto-post those funds to an invoice-level based accounts receivable (AR) system, said Diegelman, can be difficult. For an example that is very contemporary right now, there are a lot of people who are refinancing their mortgages because of the recent change in mortgage rates,” he said.
Alternative FinancialData. In an effort to foster that trust, SOLV recently announced a partnership with MonetaGo , which is integrating its blockchain-powered Anti-Fraud Network within SOLV’s existing invoice finance offering. ”
Meanwhile, in a B2C transaction, “the consumer can simply pull up their credit card to pay for goods and services.”. If there is a geographic base that’s doing its part to get B2B payments up to speed with B2C, it’s the U.S., It’s exactly the same problem,” observes Galarza, “in the U.S., Australia … the U.K.,
As B2B eCommerce grows in popularity among merchants ( BigCommerce data released earlier this month found that 80 percent of merchants accept B2B orders online), companies are less able to ignore their struggle to manage multiple payment rails and payment processors.
Corporates are being forced to rethink their approach to accounting as new technologies disrupt the way firms transact and manage financialdata. Whether it’s a B2B or B2C service or product, these various models don’t necessarily present a clear sales strategy. That changes accounting,” Ty explained.
As followers of this blog already know, DSE has been a major disruptive force across many different B2C and B2B markets over the past year and is expected to continue evolving rapidly throughout 2022. The Digital Solutions Economy™ (DSE) will continue to disrupt markets and create new opportunities.
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