With cash flow management more important than ever before, optimizing B2B payments is no longer a one-sided effort. In this week’s examination of the convergence of accounts payable (AP) and accounts receivable (AR), PYMNTS looks at the latest products and services from B2B FinTechs and...
Although the global pandemic was widely an unanticipated event, it was not an unprecedented one. For organizations that had covered all of their bases along the supply chain, there may have been plans in place to proactively address changing risks and shifting business models that...
With accounts payable (AP) solutions increasingly paying attention to supplier needs, commercial card technologies have expanded their focus on both the AP and accounts receivable (AR) side of B2B transactions. This week’s look at the convergence of AR and AP finds American Express and others...
Conduent has launched its new solution called Contract Analytics, which will automate the contracts process and help diminish risk and revenue loss between buyers and suppliers, according to a press release. “Contract Analytics represents a game changer for buy- and sell-side contract management,” Brent MacLean,...
March 03, 2020
It’s not difficult for a supplier to tell when accounts receivable (AR) processes are not optimized. Late payments, invoice disputes and even fraud are all glaring red flags of AR inefficiencies and friction. But even when a business recognizes something has gone awry, pinpointing exactly what process has gone wrong — and how to fix […]
October 17, 2018
People learn to live with their messes, whether that means piles of old clothes stuffed into the closet, emotional baggage from high school or that wine stain on the carpet....
October 16, 2018
Card acceptance is relatively low in B2B as suppliers balk at interchange fees. Boost Payment Solutions is rolling out Dynamic Boost, to make interchange fees flexible, based on speedy invoice...
February 28, 2017
B2B sellers moving online need to keep the customer happy, but according to a new report by CloudCraze, there’s a disconnect between what customers want and what sellers can provide....
June 11, 2020
Cash is king, and today, cash flow management is an imperative function for large corporations and small businesses — many of which continue to struggle with the market volatility and business disruption caused by the COVID-19 pandemic. While optimizing back-office functions like accounts payable and accounts receivable can support enhanced cash-flow management, B2B partnership collaboration […]
April 15, 2015
Businesses’ inventories are bursting at the seams, and that could spell bad news for suppliers – and the economy as a whole. That’s the view from the Commerce Department, which...
