PYMNTS

NOVEMBER 25, 2020

In B2B payments, the path to making transactions as seamless and invisible as possible is often about closing the gap that separates buyer and supplier. While a growing population of B2B FinTech solutions has helped to connect B2B buyers and sellers, more platforms can create more friction on either end of the equation.

B2B 116

B2B accounting and finance Technology Maine 116

PYMNTS

DECEMBER 30, 2020

The B2B payments ecosystem experienced a sudden and dramatic acceleration of change upon the onset of the global pandemic, and its impacts reach far beyond the mere digitization of the B2B transaction. The Coexistence Of Rails. Often, that means the cooperation of multiple rails at once.

B2B 119

B2B Technology accounts payable accounting and finance 119

PYMNTS

DECEMBER 9, 2020

The conversation came against a backdrop where, at a high level, B2B payments account for $120 trillion globally on an annual basis. The conversation came against a backdrop where, at a high level, B2B payments account for $120 trillion globally on an annual basis. B2B Use Cases Are Mushrooming.

B2B 134

B2B payroll accountant accounted 134

CPA Practice

AUGUST 25, 2023

Becky Livingston has unveiled her latest book, “The B2B Marketer’s Guide to AI: Strategies, Tactics & Tools for Success.” This insightful and timely work marks the author’s fourth published title and aims to bridge the knowledge gap in the intersection of B2B marketing and the ever-evolving world of artificial intelligence.

B2B 98

B2B accountant accounted Account 98

PYMNTS

DECEMBER 24, 2020

For years — decades, even — B2B payment leaders and innovators had been talking about the digitization of corporate payments within accounts receivable (AR) and accounts payable (AP) departments. The coronavirus crisis has accelerated B2B payments digitization to new heights. More Work To Be Done.

B2B 113

B2B accounts payable Technology Start-ups 113

PYMNTS

AUGUST 11, 2020

From a lack of supplier acceptance of electronic payments to outdated infrastructure within accounts payable (AP) departments, the B2B payments ecosystem still has much room for improvement on multiple fronts. Moving the needle in the journey away from paper checks isn’t a one-sided battle, either. An Ecosystem Approach.

B2B 110

B2B accounts payable Healthcare accountant 110

PYMNTS

SEPTEMBER 14, 2020

"The Amazon experience" is now a worn-out catchphrase in the world of B2B eCommerce. But B2B eCommerce is not the same beast as B2C. The core difference between B2B and B2C is that in B2B, the individual researching and buying has a job to do,” King said. It's also accelerated the digitization of B2B sales.

B2B 107

B2B B2C Manufacturing accounts payable 107

PYMNTS

NOVEMBER 19, 2020

While optimizing B2B payments is often about combating friction at the moment of transaction, the truth is, the B2B payment experience often happens way before any money is ever actually moved. There are many ways that onboarding a new B2B customer can be a headache for suppliers that sell goods and services online.

B2B 105

B2B B2C Sales Start-ups 105

PYMNTS

NOVEMBER 2, 2020

To remove the frictions inherent in B2B transactions, there will be no one rail to rule them all to connect corporates as they transact. The conversation marked the capstone of a month-long series of panels and individual interviews with a range of companies as part of PYMNTS’ deep dive into the state — and future — of B2B.

B2B 119

B2B Technology accounting and finance Hospitality 119

PYMNTS

NOVEMBER 18, 2020

New Jersey-based invoice-to-cash platform Billtrust has upgraded the machine learning (ML) capabilities of its business-to-business (B2B) cash application software, the company announced Wednesday (Nov. The goal is to quickly convert payments to cash. The goal is to quickly convert payments to cash.

B2B 102

B2B New Jersey accounts payable accounting and finance 102

PYMNTS

JANUARY 7, 2021

There are a lot of moving parts in B2B payments that are keeping corporate finance executives busy as they work to modernize and optimize their operations. In 2020, many of the biggest pain points in B2B payments were revealed, particularly when transactions move across border. But it's an end-to-end workflow.".

B2B 97

B2B accounting and finance accounts payable Finance 97

PYMNTS

AUGUST 7, 2020

Nevertheless, this week’s B2B venture capital roundup found some healthy investment for startups in both Europe and the U.S., In Germany, Candis, a B2B platform to automate accounting and payments for businesses, announced a $15.8 with total funding nearly reaching $391.25 million this week.

B2B 100

B2B Technology Transportation New Jersey 100

PYMNTS

DECEMBER 15, 2020

Buyers, too, are eager for change and need to adopt accounts payable (AP) methods that are easily managed by employees working from home. Frictions like these are pushing more businesses to rethink their legacy approaches to business-to-business (B2B) payments and adopting various digital options for sending money. About The Report.

Healthcare 107

Healthcare B2B Technology accounts payable 107

PYMNTS

DECEMBER 28, 2020

Nacha is issuing a warning to accounts payable professionals with regards to the rising threat of fraud. But accounts payable is far from the only back-office financial workflow at risk of fraud. While current fraud tools are helpful, there is no systemic or automated option for accomplishing this," Nacha warned.

B2B 116

B2B accounts payable AP Processes accounting and finance 116

PYMNTS

DECEMBER 21, 2020

JCB , a Japanese card provider, is developing a blockchain B2B payment offering specifically for netting trades between two parties. Even though Japan’s B2B payments space accounts for $10 trillion in yearly volume, cash transactions are still in the lead as is the case in a number of markets.

B2B 98

B2B Technology Account accountant 98

PYMNTS

JUNE 26, 2020

Small business lending emerged as a common theme in this week’s B2B venture capital roundup, and it’s no surprise, considering the role small and medium-sized businesses (SMBs) play in supporting their local economies. Utility account aggregation company Urjanet secured $14.65 Based in France, Memo Bank announced a $22.5

B2B 115

B2B Finance accounting and finance accounts payable 115

PYMNTS

JULY 14, 2020

American Express has launched a new automated accounts payable solution, American Express One AP, to help businesses digitize B2B payment processing, according to a press release.

Technology 101

Technology B2B accounts payable accounted 101

PYMNTS

JULY 5, 2020

Currencycloud , which works in global B2B cross-border payments, will be working with enterprise blockchain solution Ripple on new solutions for fast global payments, a press release says. Ripple, with its worldwide RippleNet network, will be an opportune way for Currencycloud to reach more financial institutions.

B2B 103

B2B accountant accounted Account 103

PYMNTS

NOVEMBER 10, 2020

As Scaffidi recently told Karen Webster, uncovering the B2B value of real-time payments is about understanding the broader culture shift that instant payments technology has introduced to the financial services landscape. Uncovering The B2B Use Cases. If you think about a market like the U.K.,

B2B 117

B2B B2C Start-ups Technology 117

PYMNTS

OCTOBER 14, 2020

And he noted, too, that the “verticalization” of B2B is upon us. Deploying the right solutions hearkens back to the “jobs to be done” theory of innovation noted by Webster during an earlier B2B webinar. Accounts payable and receivable used to be concrete, separate operations. B2B Verticalization.

B2B 97

B2B Technology accounts payable Start-ups 97

Accounting Insight

NOVEMBER 6, 2024

Callum is an experienced marketing leader with 14 years of B2B marketing expertise. I kicked off my career back in 2010, choosing an apprenticeship over the university route, which led me to Keytime – then a small, independent software house in the accountancy sector. What’s the best advice you’ve ever been given?

B2B 105

B2B Account accountant accounted 105

PYMNTS

NOVEMBER 18, 2020

Global payments startup Veem is launching a new business-to-business (B2B) tool to simplify and automate domestic payments, the company announced in a Wednesday (Nov. even people who don’t have a Veem account. . 18) press release. The platform also allows for real-time tracking and transparency from receipt to deposit.

B2B 109

B2B accounting and finance Finance Account 109

PYMNTS

OCTOBER 9, 2020

Reichel said that since so much B2B interaction is now online, that’s opened the door for criminals to intercept emails and then impersonate legitimate executives and vendors. They then dupe back offices with requests to transfer funds to a new account. What B2B Firms Can Do.

B2B 116

B2B Technology Hospitality Healthcare 116

Insightful Accountant

APRIL 17, 2024

and Launches Platform To Simplify B2B Payments. SMB Financial Management Platform Mimo Raises £15.5M Mimo's financial suite enables businesses to easily manage money-in and money-out, and is already processing millions of pounds in payments for SMBs.

B2B 98

B2B 98

PYMNTS

NOVEMBER 6, 2020

As eCommerce and B2B payments expand across borders, time zones and currencies, virtual international bank account numbers (IBANS) can pave the way for firms to capture online sales efficiently — and bypass the frictions of traditional banking relationships. . Customizing The Accounts. .

B2B 98

B2B Start-ups Sales Account 98

PYMNTS

DECEMBER 30, 2020

As Nick Reid , director of B2B Partner Development at Conferma Pay , told PYMNTS, though not new, STP — which routes card payments and data automatically to suppliers and sidesteps manual processes — is increasingly being combined with virtual cards in a bid to level the playing field in B2B payments.

B2B 105

B2B Sales Start-ups Account 105

PYMNTS

NOVEMBER 27, 2020

Businesses are generally more familiar with the ins and outs of their B2B transaction processes and can therefore comprehend and anticipate some of the stumbling blocks that keep their payments in limbo for weeks at a time. One study by TCH observed that 56 percent of checking account holders in the U.S. percent during Q3 2020.

B2B 106

B2B Technology accountant accounted 106

PYMNTS

DECEMBER 13, 2020

Orlando, Florida-based B2B Payments-as-a-Service (PaaS) platform Finexio is expanding its reach in the enterprise resource planning (ERP) software space and will now be available on Microsoft AppSource via a direct integration for Microsoft Dynamics users, according to a press release.

B2B 97

B2B accounts payable AP Processes Florida 97

PYMNTS

SEPTEMBER 29, 2020

The pain points that accounts receivable (AR) teams most commonly experience can be boiled down to three underlying and related problems: continued reliance on manual AR management practices, and the resulting lack of speed and high operating costs associated with managing receivables. Reliance on manual processes has far-reaching effects.

Technology 121

Technology accountant accounted Account 121

PYMNTS

OCTOBER 20, 2020

In the bid to modernize B2B payments , accounts receivable (AR) and accounts payable (AP) need to work together. percent of B2B trade in the Middle East is offline,” he noted. “So Barker stated that cards are universal, standardized and increasingly utilized for international transactions.

B2B 104

B2B Technology accounts payable accounted 104

CPA Practice

MARCH 13, 2024

In the midst of the accounting profession entering a brave new world where digitization of tax and accounting processes is increasingly the norm, it should come as no surprise that the humble invoice is now in the crosshairs of governments around the globe, including the U.S. By Alex Baulf. mandatory, conditional or optional data?

double entry bookkeeping 111

double entry bookkeeping accountant accounted Account 111

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. he explained.

B2B 94

B2B Technology accounting and finance accounts payable 94

PYMNTS

JUNE 21, 2020

That will allow businesses to eliminate the cumbersome old ways, which required them to sign onto their bank accounts to set up a direct debit instruction and then wait several days before it was ready.

B2B 143

B2B Technology Account accountant 143

PYMNTS

DECEMBER 24, 2020

Schoen said that dental practices and insurers that use legacy, paper-based methods to deal with claims, send payments and handle accounts receivable (AR) can face many frictions. Insurance carriers that implement high-powered tools to boost claims processing could also trim frictions and accelerate the sector’s B2B payments.

B2B 102

B2B Healthcare accounted accountant 102

PYMNTS

NOVEMBER 27, 2020

The B2B payments world is changing fast due to both the increased adoption of digital payment methods over the past several years and the economic upheaval brought on by the COVID-19 pandemic. Approximately $25 trillion in payments flows between American businesses annually, and B2B payments total $120 trillion globally.

B2B 95

B2B Technology AP Processes accountant 95

PYMNTS

JANUARY 20, 2021

Finance and accounting workflows lend themselves well to these three pillars, he said, and Fitzmaurice agreed. “It That provides for complete optimization of the supply, demand and cash flow aspects of accounts payable and accounts receivable systems — which allow for real-time, frictionless decision-making.”.

B2B 125

B2B accounting and finance accounts payable Finance 125

CPA Practice

AUGUST 28, 2024

After voting by the awards committee panel each year, the top five products are presented as winners of the Tax and Accounting Technology Innovation Awards. as they promise to dramatically improve client services, firm management, small business accounting and many other areas of operations.

Technology 124

Technology accounting firms accountant accounted 124