The buyer-supplier dynamic is undergoing a modern transformation. “It really comes down to leverage,” Bob Purcell, CFO of B2B accounts receivable automation and digital payments platform Billtrust, told PYMNTS CEO Karen Webster in a recent discussion. Particularly amid today’s ongoing macro challenges, optimal management of...
Merchants’ needs have changed dramatically due to the pandemic. Digitizing operations tops the list of merchant imperatives, but getting there can be a struggle — especially when it comes to digitizing the checkout experience for a post-pandemic age. To that end, as Visa Acquiring Partner...
The new coronavirus swiftly impacted small- and mid-sized businesses (SMBs) rather harshly, with these entities now struggling to manage remote workers who need to send out paper invoices to suppliers and other business partners attached to checks. Moving from paper to digital has evolved for...
Adoption of electronic procurement, online B2B commerce and digital invoices are all on the rise, yet just because a company uses an online platform to sell or procure goods does not mean the actual payment for those goods will be digital, too. Indeed, an eProcurement...
April 16, 2024
Paying and getting paid are crucial to businesses’ livelihood, no matter their size. There isn’t a once-size-fits-all approach to invoicing and reconciliations, and the market remains fragmented — caught between traditional workflows and innovative solutions. “Paper invoicing certainly remains a major method,” Kevin Baker, head of merchant services for EMEA at Bank of America, told PYMNTS. “Legacy […]
July 07, 2020
Merchants’ needs have changed dramatically due to the pandemic. Digitizing operations tops the list of merchant imperatives, but getting there can be a struggle — especially when it comes to...
April 28, 2020
The new coronavirus swiftly impacted small- and mid-sized businesses (SMBs) rather harshly, with these entities now struggling to manage remote workers who need to send out paper invoices to suppliers...
