PYMNTS

NOVEMBER 3, 2020

The company has connected its SecurePay payment gateway solution within the accounting platform, allowing for SMBs to generate invoices and receive payment without having to leave QuickBooks. According to Yakov, it can certainly support digitization of B2B payments, with SecurePay able to support both ACH and card transactions. "I

Invoicing 60

Invoicing B2B Accounts Payable eCommerce 60

PYMNTS

OCTOBER 22, 2020

Old-school business-to-business (B2B) transaction methods like sending and waiting on checks and physical invoices are more difficult to stick with now that many offices are closed and financial teams are working from home. Businesses have gone back to the drawing board to rethink their payments approaches during the COVID-19 pandemic.

Invoicing 63

Invoicing B2B Foreign Exchange Accounts Payable 63

PYMNTS

MAY 1, 2019

Payments solution provider Delego is rolling out its invoice presentment and payment solution, PayCenter, a SAP-integrated tool, to digitize and streamline accounts receivable. Delego’s PayCenter offers Delego RapidPay, which supports ACH, card, digital wallet and other payment methods when invoices are presented.

Invoicing 54

Invoicing SAP B2B eCommerce 54

PYMNTS

DECEMBER 17, 2020

Best Buy is modifying some store formats and delivery functions to contend with eCommerce orders and a dramatic rise in curbside pickup amid the accelerated arrival of the digital-first economy. Data: $171K : Average annual cost businesses incur from processing paper invoices. In auto sales, CarLotz, Inc. , All this, Today in Data.

eCommerce 58

eCommerce B2B Invoicing Sales 58

PYMNTS

APRIL 15, 2019

Because the company takes a percentage of each sale from its third party sellers, as well as additional logistics fees via the Fulfilled by Amazon service, the operations now amount to twice as much in revenue for Amazon as its own eCommerce services in which Amazon sources and sells products directly. Willingness To Pay.

eCommerce 73

eCommerce B2B Manufacturing Sales 73

PYMNTS

JANUARY 18, 2019

The complexities and demands of B2B eCommerce can be significantly greater than those of the consumer digital shopping realm. Overall, B2B eCommerce is stuck in the past, said Inxeption CEO and Co-founder Farzad Dibachi. ” The reliance of B2B eCommerce on EDI technology demonstrates the importance of digital data in the sector.

B2B 78

B2B eCommerce B2C Communication 78

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. Indeed, business-to-business (B2B) eCommerce is a thriving market that, today, is growing even more quickly as a result of the coronavirus crisis. Tailoring For Unique Needs.

B2B 72

B2B eCommerce B2C Reconciliations 72

PYMNTS

MARCH 23, 2020

based eCommerce firm, is hoping its new bePayd service will help invoices get paid faster, particularly in the trying times of the coronavirus pandemic, according to a press release. The new service will allow invoice payments to go through almost immediately. Proactis , a U.K.-based

Invoicing 52

Invoicing eCommerce Planning Technology 52

PYMNTS

FEBRUARY 20, 2020

Such rental companies cannot hope that compelling arrays of goods will be enough to secure business — they must also ensure their offerings are easy to access, learn about and pay for, and that means having strong B2B eCommerce presences. . The company works with a major credit processor that handles payment data and its encryption. .

B2B 67

B2B eCommerce Sales B2C 67

PYMNTS

MAY 4, 2018

Amazon Business is introducing a new invoicing feature that could impose cash flow pressure on sellers, according to AuctionBytes. sellers on the B2B eCommerce platform, advising them of the launch of Pay by Invoice. percent of the total invoice cost. The program reportedly launches on June 30 of this year.

Invoicing 49

Invoicing B2B Credit Risk eCommerce 49

PYMNTS

MARCH 29, 2019

Daniel Lipinski, founder and CEO of POS financing firm CreditDigital , explained to PYMNTS how the consumer eCommerce arena has influenced eProcurement’s own evolution in payments and buyer financing. As such, Lipinski noted, cart abandonment rates in the B2B eCommerce market can be as high as 67 percent.

B2B 66

B2B eCommerce Finance B2C 66

PYMNTS

OCTOBER 1, 2020

With the continued growth of eCommerce, we’re positioned to ensure merchants have the multi-courier shipping technology necessary to meet increasing customer expectations,” Easyship Co-founder Tommaso Tamburnotti said in the announcement. 1) announcement.

eCommerce 66

eCommerce Invoicing Retail Technology 66

PYMNTS

DECEMBER 30, 2019

India-based B2B eCommerce platform SOLV is integrating invoice financing capabilities through a new partnership with MonetaGo. The integration also leverages MonetaGo’s anti-fraud capabilities to address the risk of double supplier invoices for buyers.

B2B 52

B2B eCommerce Invoicing Finance 52

PYMNTS

JULY 20, 2017

An announcement Wednesday (July 19) said Axis is rolling out Invoicemart, a digital invoice discounting platform for small businesses. Developed via a joint venture of Axis Bank and B2B eCommerce company mjunction, A. The bank said its first set of transactions on the platform has already been successfully completed.

Invoicing 52

Invoicing Finance Banking B2B 52

PYMNTS

OCTOBER 2, 2019

Tradeshift made further inroads into blockchain technology via a new collaboration with Monerium, which saw a B2B invoice settled using the Tradeshift platform and eMoney on the Etherium blockchain, according to a press release. 1) that the transaction was the first time an invoice had been settled using licensed digital cash.

Invoicing 46

Invoicing B2B Currencies eCommerce 46

PYMNTS

FEBRUARY 6, 2020

China has been the belle of the ball when it comes to the global potential of eCommerce — for both consumers and businesses — for the better part of the last decade. In Vietnam, that means looking at an exploding eCommerce opportunity. The Next Evolution of Chinese eCommerce .

eCommerce 61

eCommerce Marketing Invoicing Education 61

PYMNTS

DECEMBER 11, 2020

Backers placed the spotlight on everything from B2B eCommerce, to supply chain optimization, to Banking-as-a-Service, but human resources and payroll landed in the top spot in this week's VC roundup. The company supports the full purchasing cycle with invoice integration and compliance auditing capabilities. Procurement Partners.

B2B 77

B2B eCommerce Banking Healthcare 77

PYMNTS

JANUARY 19, 2021

Olivier Schott , co-founder of Scalefast , told PYMNTS that many firms pivoting to eCommerce channels may not have the resources on hand to meet those challenges. COVID has put pressure on brands to find solutions for their direct-to-consumer [D2C] strategy,” he said. And everyone, he said, wants to crack the Chinese market.

eCommerce 128

eCommerce Compliance Invoicing Retail 128

PYMNTS

AUGUST 14, 2018

Amazon ‘s new payment option that allows business sellers to pay by invoice officially went into effect for third-party sellers on August 8. The eCommerce giant announced Pay by Invoice back in May. Instead, they’re invoiced and have the option to have an extended payment due date.

Invoicing 40

Invoicing Credit Risk eCommerce Accounting 40

PYMNTS

JULY 16, 2020

The evolution of B2B eCommerce has historically been driven by the effort to bring a consumer-like experience a-la-Amazon into the corporate procurement world. Yet using the consumer eCommerce framework as the launchpad for digitizing B2B trade isn’t always going to suit enterprise needs. It’s not an unfounded strategy.

B2B 59

B2B eCommerce B2C Accounts Payable 59

PYMNTS

NOVEMBER 9, 2020

The new product will let eCommerce merchants verify new customers as trustworthy, to ease some of the difficulties of making new transactions, the release stated. Johanna Stridsberg , product owner at Payer, said in the release that the digitization of invoices will be another step for Payer to help boost user-friendliness.

B2B 95

B2B Invoicing eCommerce Securities 95

PYMNTS

NOVEMBER 17, 2020

And while that will probably remain the case for the foreseeable future, Maria Prados , vice president of global eCommerce at Worldpay , tells PYMNTS that the shift to automated, paperless and secure B2B transactions is on the move. B2B historically has been pretty behind, especially around payments,” Prados said. Social Commerce.

B2B 108

B2B Invoicing eCommerce Securities 108

PYMNTS

OCTOBER 14, 2019

Finnish invoicing company Enterpay announced that it has closed a €1 million ($1.1 Headquartered in Helsinki, Enterpay’s automated invoicing payment solution works to optimize the payment process for B2B eCommerce companies, allowing them to increase profitable customers via improved credit scoring and automated invoicing.

Invoicing 46

Invoicing B2B Risk Management eCommerce 46

PYMNTS

APRIL 30, 2020

The international eCommerce market grew to $412 billion by the end of 2019 — a 4 percent improvement over the previous year. Buyers used local payment methods for 77 percent of worldwide eCommerce in 2019, and that figure is projected to reach 82 percent by 2024. Cards can be critical to serving the U.K.

eCommerce 52

eCommerce Invoicing Compliance Currencies 52

PYMNTS

JULY 7, 2020

Overall, the pandemic has forced the industry to pivot toward digital offerings, especially mobile offerings, digital checkout , contactless payments and digital invoicing, a bit more quickly. Park offered the illustration where a big box retailer sends invoices to customers through mobile means and customers pick up curbside.

Invoicing 113

Invoicing Education eCommerce Accounting 113

PYMNTS

AUGUST 30, 2016

The worldwide eCommerce industry is headed towards a $781 billion valuation by 2024. That figure, released earlier this month by Transparency Market Research, is driven by the increasing adoption of international eCommerce capabilities by sellers. ” B2B eCommerce’s B2B Payments Impact. The Role Of Data.

B2B 58

B2B eCommerce Valuation B2C 58

PYMNTS

OCTOBER 11, 2019

Richard Asquith, vice president of Global Indirect Tax at Avalara , told PYMNTS in a recent interview that eCommerce tax policies are fragmented when viewed across the international stage — and they’re about to get even more challenging. The marketplaces take legal title to what’s being sold and are responsible for the VAT calculation.

eCommerce 49

eCommerce Invoicing B2C Sales 49

PYMNTS

SEPTEMBER 18, 2020

Along the way, these companies that are embracing eCommerce have seen an increasing percentage of sales derived from digital payments. That includes whether they access capital through online banking, or manage payroll, send invoices, accept payments and receive settlements digitally,” said West.

Sales 141

Sales Prioritization eCommerce Invoicing 141

PYMNTS

JANUARY 18, 2021

This week's B2B Data Digest takes a look at the numbers behind the latest instances of fraud, including fraudulent invoices, corporate tax scams and more. $19 Reports in Boss Hunting said two brothers based in New York are accused of committing fraud with the eCommerce conglomerate by posing as a legitimate B2B wholesaler.

Invoicing 87

Invoicing Accounts Payable B2B Securities 87

PYMNTS

JUNE 29, 2020

The coronavirus pandemic and its boost to online commerce has provided a major lift to Stripe , the San Francisco-based startup whose software provides the backbone for eCommerce networks around the world. “Stripe allows us to scale our payments system effortlessly,” said Davy Mao, an engineer at Figma, in a press release. “We’ve

eCommerce 53

eCommerce Invoicing Compliance Startups 53

PYMNTS

DECEMBER 30, 2020

But this shift is only a fraction of the disruption B2B payments saw in 2020, with the year giving way to a boom in B2B eCommerce and shifts in business models that continue to alter the way businesses send and receive payments. Speed will be key in several workflows of the B2B commerce experience.

B2B 119

B2B Accounts Payable Invoicing B2C 119

PYMNTS

SEPTEMBER 16, 2020

Finance and bookkeeping smart app Snyder is integrating with a variety of big eCommerce companies, including Shopify , Amazon , eBay and Ecwid , to help eCommerce businesses with accounts receivable (AR) and accounting automation, according to a press release. Recurring invoices can be set up to ensure that everything is paid on time.

Invoicing 77

Invoicing eCommerce Accounting Finance 77

PYMNTS

APRIL 9, 2020

Traditional purchasing, which occurs when corporate buyers call in orders and receive paper invoices via postal mail, is being replaced with newer methods that have buyers shopping on B2B eCommerce platforms or automatically sending purchase order details directly to vendors through digital channels. eCommerce Sites and Client Portals.

B2B 66

B2B Invoicing Accounts Payable eCommerce 66

PYMNTS

FEBRUARY 19, 2020

Corporate buyers are forced to undergo many steps, such as placing orders by phone or from paper catalogues, then waiting for invoices in the mail. However, the transition into eCommerce is not without challenges. Around The B2B eCommerce World. Sellers suffer, too, frequently undergoing long waits to receive compensation.

B2B 79

B2B eCommerce Invoicing Sales 79

PYMNTS

APRIL 22, 2019

Digital payments entity and eCommerce platform Infibeam Avenues and blockchain startup Primechain Technologies have announced a partnership to implement a cross-border blockchain invoicing platform for the $12 trillion global trade finance market.

Invoicing 43

Invoicing Finance Pharmaceutical Auditing 43

PYMNTS

APRIL 22, 2019

Bitcoin, through the lightning network, will soon be available as an option to pay on Amazon and other eCommerce sites, according to reports. Moon previously allowed about 250 beta users to use crypto on eCommerce sites by connecting them through exchange accounts like Coinbase. There’s no direct merchant integration,” Kruger said.

eCommerce 87

eCommerce Invoicing Currencies Investments 87

PYMNTS

MARCH 27, 2019

The move to Australia is an effort to capitalize on the country’s thriving eCommerce industry, which is worth almost $30 billion and rising. Worldpay General Manager of Global eCommerce for Asia Pacific Phil Pomford said the move is a great opportunity. “We In a press release at the time, the companies pointed to the U.K.

Invoicing 68

Invoicing eCommerce Currencies Retail 68