Roughly one in 10 U.S. SMBs are concerned they won’t survive to see 2024, putting the onus on cash flow management to help them stay healthy and profitable. A new report explains how new payments solutions can help small companies improve cash flow management.
A new PYMNTS survey reveals 12% of SMBs are concerned they won’t survive beyond 2023. The Main Street Health Report shows increasing costs and fluctuating revenues are at the root of their worries, as cash flow challenges already impact roughly 1 in 4 small and medium-sized businesses...
Today in B2B payments, OwlTing and Nium debut a B2B cross-border payments initiative, while Versapay and American Express get together to streamline the accounts receivable process. Plus, alliances and relationships are more important than ever amidst supply chain disruptions, and Deluxe and Codat collaborate on...
American Express is joining forces with collaborative accounts receivable (AR) provider Versapay to help its clients improve the AR process. According to a Tuesday (May 10) news release from Versapay, the partnership will give suppliers who use American Express virtual cards access to Versapay’s AR...
November 30, 2022
A new PYMNTS survey reveals 12% of SMBs are concerned they won’t survive beyond 2023. The Main Street Health Report shows increasing costs and fluctuating revenues are at the root of their worries, as cash flow challenges already impact roughly 1 in 4 small and medium-sized businesses (SMBs). Inflation, cited by nearly 4 in 10 U.S. SMBs, […]
February 11, 2022
Most chief financial officers (CFOs) in three key vertical markets say they are pursuing digitization of their accounts receivable (AR) and accounts payable (AP) systems to benefit customers and suppliers....
February 01, 2022
More than half of the chief financial officers in three industries say the importance of boosting the overall lifetime value of customers has increased during the pandemic. According to The...
January 12, 2022
Most companies are digitizing their accounts receivable (AR) and accounts payable (AP) systems if they have not already done so, PYMNTS research finds. The reason chief financial officers (CFOs) most...
March 07, 2023
Versapay has appointed a former PayPal and Citi Fintech executive as its new CEO. Carey O’Connor Kolaja is taking over the operations and strategic direction of the accounts receivable (AR) provider, Versapay said in a Tuesday (March 7) news release. She will replace Craig O’Neill, who moves into a strategic advisory role for the Toronto-based […]
April 18, 2022
Collaborative accounts receivable (AR) provider Versapay has acquired FinTech DadeSysems, a move the company says expands its AR automation, artificial intelligence, and machine learning capabilities, the company said in a...
