The digitization of B2B payments has proceeded along a path where FinTechs, platforms, banks and corporates work in sync to cut down on paper and manual processes. The invoice is among the most critical links in the chain between buyers and suppliers, as ERP systems...
Springbrook Software added an artificial intelligence tool for invoicing to its Cirrus enterprise resource planning (ERP) platform for local governments. The new AI tool eliminates the burden of manual invoice processing, which is a source of inefficiencies for municipalities, the company said in a Tuesday...
The tech stack is the engine that keeps businesses running, but for many financial services firms, it remains a labyrinth of outdated systems and cumbersome processes. These traditional systems are increasingly ill-suited to meet the demands of today’s fast-paced, digital-first economy, and the end users...
Waza has introduced a multi-currency account platform called Lync that it said is designed to power global trade for businesses in emerging markets. Lync is designed to overcome financial barriers faced by the businesses that are incorporated in the United States, the United Kingdom or the European...
When it comes to the finance team of the future, spreadsheets and calculators aren’t cutting it anymore. Digital innovations are more prominently positioning the back office at the forefront of operations, part of an ongoing and growing trend where CFOs are stepping out of their...
In today’s business landscape, a paradox is taking shape. As innovation accelerates, fueled by advancements in technology and shifting market dynamics, the challenges to embrace and implement these changes are mounting. While the path to unlocking innovation is fraught with challenges, the rewards may be...
While innovative business solutions dominate headlines, the behind-the-scenes decisions that power these innovations, specifically in tech procurement, often go unexamined. For organizations seeking to navigate the complexity of digital services procurement, a somewhat damning January report from the United Kingdom’s National Audit Office (NAO) could...
B2B connected commerce firm TradeCentric has a new offering for Shopify B2B users. The company’s ShopifyB2B Connector, announced Wednesday (Jan. 15), is part of TradeCentric’s quarterly product rollout. “We’re excited to launch the TradeCentric Shopify B2B Connector, a solution aimed at streamlining transactions between buyers and suppliers,” Steve Frechette, chief product and...
Better payments help power better businesses. But across the B2B landscape, where payments can often entail intricate workflows, such as multi-entity approval processes, compliance checks, and liquidity management to name just a few, “better” can mean different things to different businesses. For large enterprises with...