The pandemic and the associated economic downturn have forced businesses to rethink their B2B payments approaches as they confront new and existing financial strains. Old-school paper checks are an established part of the space, with research finding that 80.8 percent of accounts payable (AP) departments...
The global pandemic has created public health and economic uncertainty on a scale not seen in a generation. It has also motivated the great digital shift across all pillars of the global economy, including an almost unanimous move on the part of the business payments...
Selling iced tea in summer is big business, and one that requires beverage brands to manage supplier payments for everything from tea leaves to bottle caps. Issues arising from invoicing errors can shortchange suppliers or bleed buyers dry with overcharges, however. In this month’s Next-Gen...
Invoiced, as part of its new A/R Cloud application, will now offer a new artificial intelligence-based cash application engine. The program will enable users in fields like accounting, finance and operations to utilize tools to identify, import and match unapplied payments with the invoices, balances...
June 01, 2020
The global pandemic has created public health and economic uncertainty on a scale not seen in a generation. It has also motivated the great digital shift across all pillars of the global economy, including an almost unanimous move on the part of the business payments ecosystem to embrace modern, digital payments systems at a pace […]
October 21, 2019
Mastercard announced that it is partnering with PNC Bank to pilot Payment on Delivery, a new solution allowing businesses to pay a supplier in real time when receiving goods or services. The solution leverages the RTP network from The Clearing House for real-time payments clearing and settlement capabilities, allowing suppliers to receive instant access to […]
