The digitization of the B2B landscape is looking like an increasingly inevitable one. But in the near-term, the success of operational modernizations, including key B2B payment processes, could hinge on more than just technology — it may require a cultural change across all levels of...
Digital transformation’s impact is typically specific to each sector, company or workflow. But no matter how granular and varied the effect, embracing innovation can help businesses turn formerly tactical processes into strategic elements of organizational growth. This is especially true within procurement. Traditionally seen as...
The intersection of technology, leadership and regulation is reshaping B2B in profound ways. CFOs are stepping into more strategic roles, leveraging advanced tools to drive transformation. Meanwhile, technological integration is streamlining operations across sectors, from construction to travel. Most crucially, B2B payments continue to evolve...
Innovation traditionally moves faster than regulation. Except, as it seems, when it sometimes comes to modernizing legacy banking and payments core infrastructure, where regulation can get the edge. As covered here, nearly three-quarters of banks (73%) remain unprepared for compliance with the ISO 20022 financial...
The premise of the 2002 film “Minority Report” revolves around using advanced predictive technology to stop crimes before they occur. While the story, originally by sci-fi writer Phillip Dick, focuses on law enforcement, its underlying principles — data analysis, risk management and proactive decision-making — bear...
For B2B players, paper checks rank right up there with death and taxes when it comes to life’s certainties. But this ongoing reliance on checks as a primary B2B payment method results in traditional enterprise transactions looking like a two-sided tug of war, where buyers...
Construction management platform Knowify announced its integration with Intuit’s suite of financial products for growing businesses, Intuit Enterprise Suite. The integration will provide construction businesses with a single, unified platform they can use to manage operations, finances and accounting across multiple entities, Knowify said in...
Operational silos, fragmented and disconnected functions within organizations, have long been a roadblock to efficiency and innovation. As 2025 kicks off, the stakes for businesses to dismantle these calcified roadblocks to business process optimization are higher than ever, with the risks of keeping them intact...
As 2024 gives way to 2025, the payment landscape is set to pivot from uncertainty to a focus on strategic sophistication. It’s a goal that informed a recent conversation between PYMNTS’ Karen Webster and Boost Payment Solutions founder and CEO Dean M. Leavitt during a...