The coronavirus pandemic was an unanticipated disruption for every business, but for organizations that remain mired in paper, it became what Dave Robertson, managing director of payment advisory services at Deluxe, described as “the ultimate stress test.” “It really did challenge treasury groups and companies...
The great digital shift is spurring a revolution in consumer commerce — but it will also change the way businesses pay one another. In an interview with PYMNTS, Dan Puleri, vice president of B2B supplier strategy and enablement at American Express, said invoicing and payments...
Pinterest, the popular image-sharing board, is trying to balance its need for revenue while also trying to maintain a space for cash-strapped advertisers to utilize, The Wall Street Journal reported. The advertisers, mainly retailers and packaged-good companies, have been asking San Francisco-based Pinterest for extensions...
To automate accounts receivable (AR) for mid-sized companies, HighRadius has rolled out its RadiusOne A/R Suite. The FinTech enterprise Software-as-a-Service (SaaS) company, which is focused on automating treasury management and order-to-cash processes, said the new technology reinforces its investment and plan to make AR automation an...
B2B payments are anything but instant in the U.S., where a collective $3 trillion is tied up in businesses’ outstanding accounts receivable (AR), according to PYMNTS’ The Trade Credit Dilemma Report, While outdated AR practices are tangentially related to the dispute, this week, Instacart shoppers...
B2B payments are anything but instant in the U.S., where a collective $3 trillion is tied up in businesses’ outstanding accounts receivable (AR). The average SMB has 24 percent of its monthly revenue held up in AR, terms or trade credit. One major culprit slowing...
Paper-based accounts receivable (AR) processes aren't just slow and costly — they can also be confusing. Buyers struggle to decipher paper invoices, and discrepancies that appear between buyer and seller records can be arduous to resolve. Yet, digital AR platforms with speedy communication tools can...
Small- and mid-sized businesses (SMBs) lack the financial buffers of their larger corporate counterparts and so are especially vulnerable to cash flow interruptions. These smaller players find it especially important to be sure they are paid on time and have the most efficient accounts receivable...
