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

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 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

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

NOVEMBER 22, 2016

The company offers both B2C and B2B solutions but has recently fixed its eye on the corporate payments space. “Things like digital invoicing, virtual cards and cloud-based finance and accounting will help the bottom line of smaller businesses by enabling them to process and receive payments quickly,” he stated.

B2B 65

B2B B2C Vendor Management Reconciliations 65

PYMNTS

JULY 16, 2020

Force-fitting a B2C-based eCommerce platform for a B2B sales context can mean a lack of payments features corporates need, like the ability to facilitate check transactions and establish custom payment terms. . Payments workflows are a particularly large hurdle in this space. ”

B2B 59

B2B eCommerce B2C Accounts Payable 59

PYMNTS

MAY 6, 2019

In a P2P situation, a Venmo user can send money to a friend’s account, while a B2C transaction might involve a restaurant pushing payments to disburse wages to waitstaff, placing the funds directly onto employees’ prepaid debit cards or into their bank accounts. B2C push payments can deliver quick funds to consumers.

B2C 44

B2C Reconciliations Invoicing Securities 44

PYMNTS

JULY 25, 2019

Such solutions can facilitate the transmission of crucial payment data, and several players in the space have recently looked to enable smoother reconciliation processes via such services. These connections enable information such as purchase orders, invoices and invoice receipt confirmations to easily move between suppliers and their buyers.

B2C 64

B2C Invoicing B2B Reconciliations 64

PYMNTS

OCTOBER 2, 2019

especially, bill payments are proving to be valued by consumers and B2C transactions, as the gig economy and insurance disbursements are a strong use case for Citi’s clients. That’s not to say instant is not making an impact — and there is a natural progression at work. In the U.S.,

Cash Management 63

Cash Management Reconciliations Treasury B2C 63

PYMNTS

MAY 27, 2020

One strategic way of accomplishing this, explained Melnikovs, is to marry payment acceptance with eInvoicing, a function that he said often benefits the B2B commerce space even more than B2C. For the corporate buyer, this combination optimizes their own internal processes.

B2B 71

B2B B2C Reconciliations eCommerce 71

PYMNTS

SEPTEMBER 12, 2019

Throw omnichannel B2B offerings into the mix – online and brick-and-mortar – and things get even more complicated when it comes to invoicing, reconciliation and even knowing where and when funds will hit accounts amid day-to-day commerce. The key is standardizing payments, money flows and invoicing. The Platform Model.

B2B 45

B2B Accounts Payable Invoicing B2C 45

PYMNTS

AUGUST 15, 2018

However, accounts payable (AP) service providers have more on their plate than simply making it easier for companies to pay their invoices digitally. For example, the B2B payments space has similar needs to the B2C and P2P arenas in terms of functionality, user-friendliness and data sharing requirements.

B2B 40

B2B Accounts Payable B2C Reconciliations 40

PYMNTS

MAY 25, 2018

He continued, “When it comes to payment, almost every B2B customer expects to get an invoice that implies some type of credit terms. According to Spear, business-to-consumer (B2C) commerce has become a driving force in today’s B2B customer expectations.

B2B 40

B2B eCommerce Accounts Payable B2C 40

PYMNTS

JUNE 9, 2017

Though that’s critical for a number of reasons – cash management and predictability, accounting and reconciliation, and reducing data-entry errors – combatting fraud may stand to gain the most from more sophisticated accounting data management practices. The firm provides payout capabilities in addition to invoicing and tax solutions.

Accounting 43

Accounting Technology Accounts Payable Invoicing 43

PYMNTS

AUGUST 7, 2018

.” He added that the goal of the integration is to lessen the time it takes for businesses to chase down payments for outstanding invoices, and to accelerate cash flow for customers. Businesses that sign up for GoCardless can have debits triggered on invoice due dates. Xero and GoCardless already collaborate in the U.K.,

B2C 40

B2C Invoicing B2B Reconciliations 40