accounting system B2B Expense Management 
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.
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. Businesses have long relied on traditional tools, such as credit cards, to manage business expenses.
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PYMNTS
DECEMBER 12, 2019
Brex deals in business-to-business (B2B) payments with corporate cards tailored to specific industries. The funding will also enable Brex to expand its financial services to online brands looking for interest-free financing, 60-day payment terms, rewards and expense management software. .
PYMNTS
JANUARY 9, 2020
While an accountant may be able to access digital information about that transaction, that professional must also understand whether that purchase was for inventory (for a car dealership, for example), or whether that asset is one that will depreciate (say, if a business has procured that automobile as part of an operational fleet).
PYMNTS
APRIL 3, 2018
We can view debits, credits and import those entries into our accounting system to reconcile with our own books. APIs are available for business systems to integrate with the bank system.”. That means risks for innovators (and banks) — but a massive opportunity too. But often, that’s where the breadth of services ends.
PYMNTS
MARCH 27, 2018
He added that this is all the more true in the business-to-business (B2B) space, where data tends to be even more siloed, processes are often paper-based and more than half of payments are still made by check. Today, businesses leverage dozens or even hundreds of applications to manage the same processes.
PYMNTS
APRIL 18, 2019
Airbase, a spend management company looking to consolidate a range of expense management processes for organizations, has announced new funding for its technology. There is also the expense outflow of invoice payments, all of which must be recorded in accounting and enterprise resource planning ( ERP ) systems.
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