PYMNTS

APRIL 19, 2019

The big news in B2B FinTech investment this week came from Airbnb , which is bolstering its presence in the business travel market with new funding, while corporate card startup Brex also secured a prominent debt capital investment. The company plans to use the investment to collaborate with MUFG and Sozo, and promote growth. Negotiatus.

B2B 69

B2B accounts payable Spend Management Hospitality 69

PYMNTS

MAY 1, 2020

In point of fact, most businesses of any size have a hybrid treasury-accounting back office where digital tools and paper instruments coexist. Many businesses still generate paper checks from the setup of their accounting systems,” Michael Reed, general manager of payments at Deluxe, told PYMNTS. Paper Wait.

B2B 52

B2B accounts payable accounting system payroll 52

PYMNTS

JULY 12, 2019

Order-to-cash solutions provider Billtrust has added Priority Commercial Payments to its Business Payments Network (BPN) to streamline B2B payments reconciliation, the companies said in a press release this week. Acquirers and accounts receivable platforms can also connect to the network to capture transaction data for end-users.

B2B 51

B2B Accounts Payable Automation accounts payable accounting system 51

Basis 365

NOVEMBER 14, 2024

Any B2B business—and even some B2C companies—that delivers its products or services before receiving full payment faces similar issues. Coordinate with Accounting: Keep the accounting team informed of project progress so they can invoice immediately upon milestone completion if they generate invoices.

accounting system 59

accounting system B2C Account accountant 59

PYMNTS

DECEMBER 20, 2016

fintech company MB Transfers, which enables cross-border B2B payments, is going by a new name: ArcaPay. The company uses the interbanking system to facilitate cross-border B2B payments for its clients. But for those companies that are ready to take that leap and change out legacy systems, their reasons for doing so differ.

B2B 51

B2B Technology accounting and finance accounting system 51

PYMNTS

JUNE 9, 2017

Not so on the B2B side of payments, where payments between trading partners remain dominated by the 20th-century’s favorite payment method — where, staggeringly, 50 percent of all payments between business are made by check. Building a B2B Payments Hub. Mastercard’s Head of Global Commercial Product Development Richard Crum asked.

B2B 48

B2B Technology accounts payable accounting system 48

PYMNTS

JUNE 25, 2020

New digital payment methods provide faster fund availability and a better claimant experience, but digital transformation typically requires significant disruption to carriers’ claims processes and accounting systems. billion profit.

B2B 100

B2B Technology Start-ups accounting system 100

CPA Practice

AUGUST 28, 2024

Forwardly 2024 CPA Practice Advisor Innovation Award Winner [link] Forwardly exemplifies innovation in accounting as the first B2B real-time payment solution in the USA, transforming financial management for small businesses and accounting professionals.

Technology 105

Technology Approval Workflows accounting and finance quickbooks 105

PYMNTS

APRIL 16, 2018

trillion worth of sales is expected to pass through B2B eCommerce systems by 2021, according to Forrester research published last June. Analysts are forecasting a rise in B2B buyers seeking products online, with the customer experience the driving factor of growth and success for B2B eCommerce players. B2B is hard.”.

B2C 43

B2C B2B Manufacturing Education 43

PYMNTS

APRIL 1, 2016

Corporations have been chastised in recent years as floods of new data reveal the ongoing prevalence of paper checks in B2B payments. The B2B payments space, on the other hand, not so much. The B2B space has, historically, had challenges.”. B2C To B2B. Bank’s head of receivables solutions for treasury management.

B2B 41

B2B B2C accounts payable Education 41

PYMNTS

JANUARY 31, 2021

The release stated, in part: “The acquisition provides FLEETCOR with a proven, modern automation platform for B2B online bill payment.

accounts payable 85

accounts payable Bill Payment Platform Technology quickbooks 85

PYMNTS

NOVEMBER 6, 2018

American Express has struck a new partnership in its latest B2B payments push, announcing a collaboration with commercial payments firm WEX to support corporate use of virtual cards in accounts payable. The Synaptic solution enables companies to send payment instructions from their accounting systems to the AP platform.

accounts payable 71

accounts payable B2B accounting and finance accounting system 71

PYMNTS

MARCH 5, 2019

WorldFirst is looking to expand its B2B payments position through an acquisition of CurrencyVue, the company said on Monday (March 4). CurrencyVue offers a foreign exchange risk management platform that integrates with companies’ existing ERP and accounting systems.

B2B 43

B2B NetSuite quickbooks Technology 43

PYMNTS

JANUARY 12, 2017

That is, professional sports organizations can act as corporate role models to other organizations, at least when it comes to their B2B payments practices, said Max Eliscu, CEO of B2B payments and invoicing firm Viewpost. But professional sports organizations can act similarly. Every business has those issues.

Sports 44

Sports B2B Entertainment accounting and finance 44

PYMNTS

NOVEMBER 3, 2016

With data analytics now a paramount process of cash flow management, developers are tasked with making their most innovative B2B payments and finance technologies seamlessly integrate with ERP and accounting platforms. The issue, said U.S.

accounts payable 73

accounts payable B2B accounting and finance accounting system 73

PYMNTS

AUGUST 7, 2020

Legacy payment options like paper are getting nudged out by faster better methods like credit cards, which are more cost-effective for buyers’ accounts payable (AP) teams to send and quicker for suppliers’ accounts receivable (AR) professionals to receive. It’s time for a solid path to AP modernization, and the industry gets it.

AP Automation 72

AP Automation Account accountant accounted 72

PYMNTS

DECEMBER 30, 2020

Any ERP or accounting systems player will want to service the broadest swath of corporates possible. And FIs want to service as many of their customers as possible with integrated, embedded solutions, regardless of the ERP or accounting system the corporate client uses.

accounts payable 97

accounts payable accounting system B2B Account 97

PYMNTS

MAY 2, 2018

In the May B2B API Tracker , PYMNTS examines the latest B2B API news from around the world, including a look at newly debuted, API-powered financial services solutions – and how some are working to make these innovations work in better harmony with legacy tech. Around the B2B API World . New regulations in the E.U.,

B2B 64

B2B Technology accounting system Account 64

PYMNTS

AUGUST 15, 2018

B2B payments continues to enjoy its moment in the innovation spotlight, but the industry still has a long way to go if it’s going to beat the race against paper and manual processes. However, accounts payable (AP) service providers have more on their plate than simply making it easier for companies to pay their invoices digitally.

B2B 40

B2B accounts payable B2C Technology 40

PYMNTS

JULY 31, 2019

Developed in 2016, the acompay platform integrates with enterprise resource planning or accounting systems and supports check, automated clearing house (ACH), and card payments. American Express has announced that it plans to acquire acompay, a digital payment automation platform, from ACOM Solutions.

Accounts Payable Automation 76

Accounts Payable Automation AP Automation accounts payable accounting and finance 76

PYMNTS

AUGUST 14, 2018

What will it take for the payment method to find its way into mainstream B2B payments use cases, particularly for middle market companies that are heavy users of ACH today for paying suppliers? This led to the question: Who has the incentive to drive more B2Bs to Same Day ACH? today), but not necessarily to pay their suppliers.

B2B 40

B2B Real Estate accounts payable Technology 40

PYMNTS

JUNE 24, 2020

As a result, the lengthy and error-prone process of manually typing invoice information into the accounting system is removed from the equation. With the offering, users can search for all invoice information instead of just the vendor name or “accounts used.” It then puts the invoice information into a dashboard.

AP Automation 75

AP Automation Construction Technology accounts payable 75

PYMNTS

SEPTEMBER 11, 2017

The FI.SPAN platform endeavors to bring those three core beliefs together into an accounting platform with bank-branded menus and bank-powered, turnkey B2B payrolls. That’s why Shields expects to see tier-one banks announcing pilots in accounting systems within the next year.

accounting system 76

accounting system payroll B2B Start-ups 76

PYMNTS

JULY 29, 2019

“Any adoption of a solution involving payments will need to be integrated with existing financial and accounting systems within an enterprise, which takes a bit of time,” he explained, adding that change, in general, often creates friction and can be met with resistance in company back offices.

accounts payable 73

accounts payable B2B payroll accounting and finance 73

PYMNTS

JULY 31, 2020

The pandemic and subsequent economic downturn have driven B2B payment pains to a new level. Around The B2B Payments Space. American Express recently launched its own digital AP solution that is designed to work with businesses’ existing accounting systems. Download the Report to get the full story. About The Report.

AP Processes 60

AP Processes AP Automation B2B accounts payable 60

PYMNTS

NOVEMBER 19, 2020

In the continuous movement toward automating B2B payments – and especially payables – the pandemic is pushing firms to examine internal workflows and embrace the touchless process. Robotic process automation and accounts payable (AP) automation can be blended into solutions that are verticalized for specific tasks.

AP Automation 83

AP Automation Technology accounts payable B2B 83

PYMNTS

DECEMBER 9, 2020

Some firms have better adjusted to new digital tendencies than others, especially when it comes to keeping track of B2B payments and spend management. Bringing Virtual Cards To A Virtual B2B World. data entry into our general ledger accounting system,” he explained.

Spend Management 62

Spend Management general ledger Expense Management B2B 62

PYMNTS

APRIL 2, 2020

In the B2B world, however, small businesses offering payment choice is less about a positive customer experience and more the result of how a customer demands a certain payment experience. It’s what they’ve always done, and it works with their accounting system.”. Time is of the essence for B2B small businesses,” said Gray. “To

B2B 64

B2B B2C Education accounting and finance 64

PYMNTS

MAY 3, 2018

We figured out a way to tie into any payment system, any ledger, any bank account, any system of value or accounting system, [and] represent the data it has or needs to receive in this one, universal form. “The old stuff can stay old, [and] the new stuff can say new,” Parker said. “We About the Tracker.

Technology 74

Technology B2B accounting system Retail 74

Acterys

OCTOBER 24, 2023

Users can automatically create optimal data warehouse structures, leveraging connectors to familiar cloud-based accounting systems like Xero, QuickBooks, HubSpot and Salesforce. ü × Limited AAD B2B support, single sign on ü ü ~ Front end Modelling Web browser-based modeller for business users to build and maintain models.

audit 130

audit accounting and finance accounting system quickbooks 130

PYMNTS

OCTOBER 27, 2016

Bank’s latest offering for corporate treasurers aims to simplify the shift from manual to virtual B2B payments. 26) its latest tool, APConnector, as a way to automate and digitize accounts payable, while integrating that process into existing ERP systems. The company focuses on accounts payable automation software.

accounts payable 62

accounts payable Accounts Payable Automation AP Processes B2B 62

PYMNTS

JUNE 21, 2016

After all, it does take time and money to bring accounting systems up to speed and to enable platforms to deal with processing fees tied to transactions. But by the end of 2018, Sage stated, only 10 percent of B2B payments will in fact be made by check. billion of that amount could be made through corporate cards.

B2B 50

B2B accounting system Account accountant 50

PYMNTS

FEBRUARY 4, 2020

Once reserved for only the largest and most sophisticated firms, automated enterprise resource planning (ERP) and accounting platforms are now accessible for even the smallest of businesses, and data from those systems is the new currency of operational efficiency. Data’s Favorite Payment Rails.

Technology 61

Technology B2B accounting system Account 61

PYMNTS

JANUARY 26, 2017

Cross-border payments, trade finance, smart contracts — blockchain has the potential to disrupt B2B processes, but FinTech players are only beginning to take these concepts onto a real-world stage. For one firm, Finlync , the key to unlocking the potential of blockchain in B2B processes is unlocking the underlying data of that activity.

B2B 57

B2B accounting and finance Technology accounting system 57

PYMNTS

JULY 1, 2019

The financial services landscape is moving to upgrade existing payment infrastructures or create new systems to deliver faster and more secure payments. In the business-to-business (B2B) space, efforts to truly transform payments are fraught with challenges. Data: $79 billion: Estimated value of India’s remittances market in 2018.

B2B 46

B2B accounting system Retail Account 46

PYMNTS

JANUARY 22, 2020

As healthcare providers and insurers duke it out over contract rates and reimbursement policies, friction in their B2B payments systems adds cost and, more importantly, loses valuable time. Much of that tracks back to friction in legacy accounting systems at the hospital level. A Clean Digital Bill of Health.

Healthcare 52

Healthcare Hospitality B2B accounting system 52

PYMNTS

FEBRUARY 1, 2021

1) press release , saying the acquisition will provide the company with access to new automation options and better visibility for B2B processes, among other benefits. Accounts payable (AP) automation has been “leading the way” on digitization, with new virtual cards becoming more common, he said.

AP Automation 43

AP Automation Account accountant accounted 43