buyer supplier

Buyer-supplier relationships refer to commercial transactions between organizations for the purchase and supply of goods or services. A sourcing or tender process is used to select the best product or service for a certain category of expenditure. When selecting suppliers through a tender or sourcing process, the buyer works in collaboration with internal customers or budget holders.

Finserv Finds Multiple Avenues To Connect AR And AP
Finserv Finds Multiple Avenues To Connect AR And AP
May 19, 2020  |  B2B Payments

B2B FinTechs and financial service providers are taking a variety of routes to optimizing both accounts payable (AP) and accounts receivable (AR) operations with a...

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How Suppliers Can Retain The Power To Fight Late B2B Payments
How Suppliers Can Retain The Power To Fight Late B2B Payments
May 12, 2020  |  B2B Payments

The B2B ecosystem’s reluctance to change has made it an industry with unique habits. The tradition of vendors selling to their customers on credit, then...

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Grocers Welcome Long-Term Benefits Of Shorter Supplier Payment Terms
Grocers Welcome Long-Term Benefits Of Shorter Supplier Payment Terms
April 27, 2020  |  B2B Payments

The food and beverage industry is enduring some of the most dramatic and sudden fluctuations in customer demand and shopping habits of any other market...

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The B2B Contract Finds Its Strategic Role In Procure-To-Pay
The B2B Contract Finds Its Strategic Role In Procure-To-Pay
April 20, 2020  |  B2B Payments

Within complex supply chains, a single company is typically both a buyer and a supplier, part of a broader web of strategic B2B relationships. With...

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AR’s Role In Accelerating AP Processes
AR’s Role In Accelerating AP Processes
April 14, 2020  |  B2B Payments

Legacy accounts receivable (AR) and accounts payable (AP) operations aren’t only inefficient, they’re costly. PYMNTS’ latest The Optimizing AP and AR Playbook, a collaboration with...

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Deep Dive: How APIs Help B2B Sellers Cater To Clients’ Payment Preferences
Deep Dive: How APIs Help B2B Sellers Cater To Clients’ Payment Preferences
April 09, 2020  |  API

The sizable B2B commerce economic sector is going digital, and more than 13 percent of the U.S.’s B2B transactions are expected to take place online...

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Inventory Strategy Drives The Rise Of ‘Micro-Warehousing’
Inventory Strategy Drives The Rise Of ‘Micro-Warehousing’
April 01, 2020  |  B2B Payments

Supply chain volatility has thrown a wrench in many organizations’ procurement strategies as buyers and suppliers struggle to connect and move goods where and when...

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Accounts Receivable Looks Inward To Combat Late B2B Payments
Accounts Receivable Looks Inward To Combat Late B2B Payments
March 26, 2020  |  B2B Payments

Growing awareness of the cash flow pain caused by late B2B payments has led to increased calls to incentivize, and in some cases even mandate...

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FinTech Sits Between Buyers And Suppliers For Faster Payments
FinTech Sits Between Buyers And Suppliers For Faster Payments
March 24, 2020  |  B2B Payments

Faster B2B payments can strengthen buyer-supplier ties, but accounts receivable (AR) and accounts payable (AP) objectives are not always aligned. This week’s look at the...

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