Remove Invoicing Remove Reconciliations Remove Transportation
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Suppliers Faced With New Friction As More Invoices Get Paid Electronically

PYMNTS

The beauty of paying with a check is, typically, the check is accompanied with the invoice, and all the information is there in front of you,” he recently told PYMNTS. You have the invoice, the check, the bank information — everything is there.”. There’s a big issue about connecting an electronic payment to an invoice,” he added.

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Trimble’s TruckMate Kicks Accounts Receivable Into High Gear

PYMNTS

Research published last year from the International Factoring Association (IFA) pointed to the trucking and freight industry as the market that uses invoice factoring solutions more than any other. Invoices submitted for financing by freight factoring firms account for more than one third of all invoices processed for funding, the IFA said.

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Walmart Develops Blockchain Freight Payment Network

PYMNTS

The technology supports real-time invoicing, payments and settlement from directly within the portal, which can be accessed via web or mobile device, according to the press release.

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Deep Dive: How APIs Can Help Drive Faster Payments

PYMNTS

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.

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Expense Management Digs Deeper Into Corporate Ground Transit

PYMNTS

The latest stats from travel and expense company Certify revealed that Uber secured 56 percent of ground transportation expenses for Certify customers in 2017, up from 52 percent in 2016. The B2B ground transportation segment also has to cater to the differing corporate cultures around the world.

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Beanworks Looks to Help Businesses Update Outdated Accounting Technology

PYMNTS

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.

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Why Transparency Is A Problem In Logistics’ B2B Payments

PYMNTS

But sometimes, the biggest B2B payments and accounts receivable pain points start even before a transaction occurs, according to Rich Wessels, treasurer for transportation management and logistics technology company Transplace. “I

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