While buyers and suppliers have differing B2B payments pain points, both could benefit from platforms that improve payments transparency. Forty-seven percent of surveyed small- to medium-sized business (SMB) suppliers listed a lack of transparency when payments are received as a top pain point, while 45%...
Companies that invested in technology to improve working capital transparency during the pandemic saw overwhelmingly positive results. Seventy-seven percent of surveyed CFOs said they saw improved processes from working capital and credit digitization. However, the current economic crisis is exposing where transparency blind spots continue...
Businesses of all sizes experience inefficiencies when dealing with a high volume of payables, or “mass payouts.” Regardless of the actual volume of payables a company processes each month, organizations that lack the solutions and infrastructure to manage this aspect of their operations efficiently will...
Accounts receivable (AR) departments have been trending toward digitization for several years, with a 2019 study finding that only 42% of organizations were leveraging paper checks for B2B payments then, nearly half the 81% that used them in 2004. The events of the past 18...
May 31, 2023
Companies that invested in technology to improve working capital transparency during the pandemic saw overwhelmingly positive results. Seventy-seven percent of surveyed CFOs said they saw improved processes from working capital and credit digitization. However, the current economic crisis is exposing where transparency blind spots continue to create issues. Payments and cash flow troubles exacerbated by […]
August 26, 2021
Reducing costs and improving efficiencies have always been top priorities for businesses across industries. Doing so has only become more critical given the lingering economic effects of the global health...
June 28, 2019
Banks and FinTech firms can leverage technology to bring B2B payments into the digital realm and to stop fraud before it happens. Easier said than done, at least In terms of...
June 01, 2017
Technology is changing the very way payments are done. But as in any relationship between buyers and sellers, fraught with the specter of fraud across the web, but legacy technologies...
