PYMNTS

MARCH 12, 2020

In the March 2020 Innovating B2B Retail Payments Playbook: Optimizing Payment Solutions For Business Customers edition, a PYMNTS and MSTS collaboration, we’re reminded that typical B2B invoices take over 14 days to process, and the more people involved the longer it takes. In fact, B2C has been out in front on this one much more.

B2B 63

B2B B2C Invoicing Retail 63

PYMNTS

APRIL 28, 2020

The new coronavirus swiftly impacted small- and mid-sized businesses (SMBs) rather harshly, with these entities now struggling to manage remote workers who need to send out paper invoices to suppliers and other business partners attached to checks. Co mpanies like digital invoicing firm Invoiced are responding to SMBs’ COVID-19 struggles.

Invoicing 94

Invoicing B2C B2B Accounts Payable 94

PYMNTS

APRIL 15, 2016

According to new data from PitchBook and reports from Reuters on Thursday (April 14), B2B startups are receiving venture capital at impressive rates, with growth in VC investments surpassing that of B2C startups. Invoice financing has achieved new popularity among SMEs as their large corporate buyers stretch out payment terms.

Invoicing 40

Invoicing Finance B2C B2B 40

PYMNTS

APRIL 8, 2016

BlueVine is looking to expand its financing services beyond factoring and has taken a step away from invoice financing with the launch of Flex Credit. This platform expansion will continue to fuel that growth by allowing us to serve both B2B and B2C businesses.

Invoicing 40

Invoicing Finance B2C B2B 40

PYMNTS

JUNE 15, 2018

With the B2B eCommerce market towering over B2C’s in terms of transaction value — Forrester Research estimates the U.S. “The buyer needs to go to their bank and type in their IBAN invoice number, and sellers are unsure if they are going to actually receive money,” he said. And that will be complex to reconcile.”

B2C 40

B2C B2B eCommerce Reconciliations 40

PYMNTS

DECEMBER 29, 2020

B2B payments are messier than B2C payments," said Chanda. You have invoice aggregation, multiple account numbers with vendors, short payments, disputes and credit memos.". Chanda pointed to AI that can automatically "read" and collect data from an invoice, for instance, or RPA to automatically apply cash when funds have been received.

B2B 114

B2B Reconciliations Accounts Payable Invoicing 114

PYMNTS

APRIL 13, 2020

The following Deep Dive explores the mobile disbursements landscape, the factors influencing increased demand for B2B and business-t0-consumer (B2C) mobile disbursements and the roadblocks standing in the way of widespread adoption. Mobile disbursements are becoming critical for both B2B and B2C companies.

B2C 93

B2C B2B Invoicing Education 93

PYMNTS

JANUARY 20, 2021

Most of the examples we know of today are on the B2C side. That’s no surprise, given the pace of innovation in B2C versus B2B payments over the years. Virtually all cloud-based subscription services use some form of embedded finance. There is no separate payment motion involved to utilize the service.

B2C 70

B2C B2B Currencies Invoicing 70

PYMNTS

DECEMBER 7, 2020

Connected to Adflex’s payment platform, suppliers can “send a payment link via email or SMS,” enabling buyers, in turn, “to settle invoices quickly and securely from any geography, encouraging timely reconciliation and reducing cash flow problems caused by late payments,” Bermingham wrote.

B2C 65

B2C Reconciliations B2B Invoicing 65

PYMNTS

JANUARY 17, 2020

Accounts payable (AP) automation technology has hit the ground running, with solutions designed to accelerate invoice processing, optimize payment strategies and promote digital adoption. That’s not to say that small- to medium-sized business (SMB) invoice payment challenges are any easier to overcome. The result?

B2B 61

B2B Accounts Payable Invoicing B2C 61

PYMNTS

JUNE 22, 2020

To help firms retrieve funds from past-due invoices, NexaCollect has rolled out a B2B arm that provides information about commercial debt collection, according to an announcement. The company rolled out a collection agency directory in January of this year that was mostly composed of firms that provide business-to-consumer (B2C) recovery.

B2B 56

B2B B2C Invoicing Economics 56

PYMNTS

NOVEMBER 3, 2020

Everlink, FINTAINIUM Team Up To Offer Real-Time B2B, B2C Payments. Everlink Payment Services is teaming with workflow solutions provider FINTAINIUM to offer B2B and B2C payments in real time, leveraging the ISO 20022 global standard, according to a press release. They can also assess ongoing credit quality.

Credit Risk 88

Credit Risk B2B Accounts Payable B2C 88

PYMNTS

NOVEMBER 24, 2020

While the business-to-consumer (B2C) eCommerce boom has arguably already occurred, the global pandemic is introducing a second wave of digital commerce adoption. But this isn't a trend reserved for the B2C space anymore. But this isn't a trend reserved for the B2C space anymore. Tailoring For Unique Needs.

B2B 72

B2B eCommerce B2C Reconciliations 72

Bramasol

JANUARY 18, 2024

On one hand, the proven nature of SaaS has paved the way for widespread acceptance across both B2B and B2C markets. With roots going back to the late 1990s, Software-as-a-Service is one of the most mature subscription-based models around. However, not all of these elements are required for every implementation.

Compliance 72

Compliance SAP General Ledger B2C 72

PYMNTS

MAY 12, 2020

Finacle TradeConnect is available for use with bill collection, letters of credit, open account for trade, C2C transactions for trade, B2C transactions for trade, purchase order financing and invoice financing, the press release notes.

B2C 85

B2C Invoicing Compliance Finance 85

PYMNTS

APRIL 7, 2020

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. As Diegelman noted, there is a world of improvements, upgrades and innovations available today that weren’t possible even a decade ago.

Leverage 83

Leverage Banking B2C B2B 83

PYMNTS

JANUARY 8, 2020

Yet, as Tony Horling, founder and CEO of InTu Mobility , recently told PYMNTS, mPOS technologies designed for business-to-consumer (B2C) payments won’t cut it for multibillion-dollar enterprises that need to accept B2B payments in the field. What B2B Businesses Need. Benefits For Payers.

B2B 56

B2B B2C Technology Accounting 56

PYMNTS

SEPTEMBER 3, 2019

While B2B eCommerce is looking toward its B2C cousin to enhance buyer and seller experiences, pricing strategies are far different than in the consumer world thanks to the common practice of custom pricing based on customer, units purchased, and even external factors like supply chain risks and trade regulations.

B2B 60

B2B B2C Manufacturing eCommerce 60

PYMNTS

NOVEMBER 7, 2019

However, with cloud storage and computing a requirement for many businesses, with the surge of Software-as-a-Service (SaaS) and with B2C services like Amazon Prime embracing the B2B opportunity, recurring B2B electronic payments are an increasingly complex challenge for these service providers and the businesses paying them.

B2B 40

B2B B2C Foreign Exchange Invoicing 40

PYMNTS

OCTOBER 2, 2019

As a result, he predicted that the entrenchment of faster payments will be a linear progression that moves from consumer-to-consumer (C2C) to consumer-to-business (C2B), then to business-to-consumer (B2C) to business-to-business (B2B). So, from the beginning, start with the individual consumer. The Low-Hanging Fruit.

B2C 81

B2C B2B Accounts Payable Invoicing 81

PYMNTS

DECEMBER 31, 2019

Paper-based payment methods such as checks and cash are awkward and cumbersome in either business-to-business (B2B) or business-to-consumer (B2C) transactions. Such legacy payment methods are usually tied to paper-based invoices and manual tracking and reconciliation procedures, which impede payments from being processed in a timely manner.

Accounts Payable 61

Accounts Payable Invoicing B2B B2C 61

PYMNTS

JANUARY 2, 2020

In an interview with Karen Webster, Brandon Spear, president at MSTS , said the stark differences between B2C and B2B payment speeds boil down to a case of having too many cooks in the kitchen. According to the data, those clients took an average of 57 days to pay. The Ripple Effect. Rethinking Order to Cash.

B2B 40

B2B Invoicing B2C Manufacturing 40

PYMNTS

DECEMBER 28, 2020

Yet the current trade credit landscape comes with significant challenges, especially for the supplier, with Floate pointing to the requirement for vendors to take on the financial risk until after an invoice is actually paid. New Payment Models Emerging.

B2B 81

B2B Invoicing B2C Reconciliations 81

PYMNTS

FEBRUARY 6, 2019

Coverage includes Deposit Solutions ’ rollout of business-to-consumer (B2C) open banking channel Savedo in Switzerland. Open banking platform Deposit Solutions has brought business-to-consumer (B2C) open banking channel Savedo to Switzerland, the company said in an announcement.

B2C 43

B2C Retail Accounts Payable Invoicing 43

PYMNTS

DECEMBER 17, 2019

PYMNTS research has also documented the building B2B personalization trend — specifically, via payments, which are becoming ever more digital in the B2B world, mirroring trends from the business-to-consumer (B2C) side of things.

B2B 54

B2B B2C SAP eCommerce 54

PYMNTS

DECEMBER 17, 2019

PYMNTS research has also documented the building B2B personalization trend — specifically, via payments, which are becoming ever more digital in the B2B world, mirroring trends from the business-to-consumer (B2C) side of things.

B2B 53

B2B B2C SAP eCommerce 53

Bramasol

MARCH 4, 2022

In recent years, XaaS has proliferated into an ever-widening range of B2B and B2C business models across the Digital Solutions Economy. As shown below, these include Customer Engagement, Order Creation & Management, Delivery & Fulfillment, Billing & Invoicing, Payments & Collections, and Revenue Compliance.

SAP 90

SAP B2C Manufacturing Treasury 90

PYMNTS

NOVEMBER 8, 2019

In late October, Bottomline Technologies announced that it launched a new real-time payments module through its Digital Banking IQ platform, which focuses on the B2B and B2C payments process. She offered an example where an invoice for $5,000 may be paid by a buyer for $4,000. roughly two years ago.

B2B 40

B2B B2C Invoicing Communication 40

PYMNTS

MARCH 29, 2019

Yet as the B2B commerce industry has seen in recent years, while B2C can offer a valuable, albeit general, idea of how to approach digitization, there are unique hurdles that both buyers and suppliers need to address. Other analysts, however, say it’s significantly lower, particularly when compared to the B2C landscape.

B2B 66

B2B eCommerce Finance B2C 66

PYMNTS

JUNE 12, 2019

Latin America is the world’s leader in government electronic invoice mandates, as jurisdictions there address issues like invoice fraud and a lack of transparency in government procurement — efforts that proponents of these mandates say can positively influence the private sector.

Invoicing 55

Invoicing B2C B2B Marketing 55

PYMNTS

DECEMBER 30, 2020

That's especially true, he told PYMNTS , when it comes to capturing data from purchase orders and invoices to accelerate document processing and reconciliation. There is also the rise of "pay-one, pay-all invoices," which sees businesses able to batch together outstanding invoices and pay them all at once to save time and money.

B2B 119

B2B Accounts Payable Invoicing B2C 119

PYMNTS

FEBRUARY 1, 2021

It’s not that automating invoice generation, banishing checks, automating the cash application process and systematically removing all the manual touches from accounts payable (AP) and accounts receivable (AR) workflows weren’t unknown concepts among chief financial officers (CFOs) and treasury departments at the time. “The

B2B 94

B2B Treasury Accounts Payable Cash Management 94

PYMNTS

DECEMBER 10, 2018

According to 3dcart, net terms are used in 80 percent of B2B transactions allowing companies to wait 30 or 60 days to pay for goods after being invoiced. ” The 3dcart platform also supports B2C payment technologies including Paypal, Stripe and Square. . A press release issued Friday (Dec.

B2B 59

B2B B2C Invoicing eCommerce 59

PYMNTS

FEBRUARY 19, 2018

9 percent | Increase in the number of invoices that get paid on time when a company switches to electronic invoicing, according to Mattias Hansson, CEO and co-founder of eInvoicing solution Zervant. Hansson explained there are two key motivations behind encouraging entrepreneurs to invoice clients electronically: speed and ease of use.

Invoicing 40

Invoicing B2C B2B Retail 40

PYMNTS

APRIL 2, 2020

“It’s muscle memory,” she said of the ongoing use of the paper invoice. The friction for customers of legacy collections tools is obvious: an experience of a cumbersome process of waiting for an invoice to arrive in the mail, and logging online or calling in to manually enter credit card data. Why Friction Persists.

B2B 64

B2B Invoicing B2C Education 64

PYMNTS

NOVEMBER 6, 2019

6) what it calls the first global network for bank debit — a tool that could not only bring fresh energy to B2C-focused recurring payments, but B2B transactions as well. In addition, invoices, while often regular, are not exactly a monthly gym membership fee that costs the same every time.

Banking 40

Banking B2C B2B Invoicing 40

PYMNTS

JUNE 20, 2019

This isn’t merely an issue for the B2C world, however. In accounts payable and accounts receivable, rising fraud mitigation efforts may also lead to more false positives, leading to declined commercial card transactions, misplaced suspicion between buyers and suppliers, delays in invoice processing and more.

B2B 73

B2B Accounts Payable Invoicing B2C 73