Construction Invoicing Reconciliations 
PYMNTS
OCTOBER 5, 2020
Comdata, she said, has mimicked the flow from claims to invoice to payment to reconciliation. The rules you're going to do for a healthcare company from a fraud and security perspective are very different from construction,” she remarked. That’s especially when B2B payments cross borders and currencies, she said.
PYMNTS
JANUARY 19, 2017
Corporate payments company Optal struck a new partnership to streamline B2B payments in the construction sector. 18) said Optal is collaborating with Open ECX , a digital transaction platform for the construction industry, via its WebContractor tool. General Manager Andy Downes said construction is a critical component of the U.K.
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PYMNTS
NOVEMBER 23, 2020
We see much more of a blending of financial services, invoicing and payments from the big players," she said in an interview, noting that even technology giants like Uber and Facebook, which hadn't initially entered the market as FinTechs, are stepping into this field. Take the example of a small construction business, Lapusneanu offered.
PYMNTS
JANUARY 6, 2020
At the same time, a shift to electronic payments causes more reconciliation challenges, so companies are spending more time reconciling and processing them than they do even for paper payments. If they don’t use automation, companies dedicate more people to the reconciliation challenge — but automation can significantly help.
PYMNTS
DECEMBER 11, 2019
Kohli pointed to the added benefits of incoming cash-flow predictions, enhanced invoicing and reconciliation capabilities, and stronger engagement with a vendor’s client community. “My belief has been that a cross-border payment is actually a synthetic construct,” he said. and Turkey. ”
PYMNTS
OCTOBER 17, 2017
Together, the companies will enable streamlined payment reconciliation, facilitated by automated virtual card (v-card) payments in a solution built for financial institutions and their corporate clients. In an announcement on Tuesday (Oct.
PYMNTS
JANUARY 27, 2017
that most demonstrates the problem of late payments, it’s the construction sector. Late B2B payments in this space have been so troublesome, in fact, that legislators introduced the Construction Act several years ago to address the issue. If there’s one industry in the U.K.
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