Why are suppliers paid late? In some cases, longer payment terms are a strategic cash flow decision made by a large corporation. But taking advantage of corporate size and power doesn’t portray the whole story of smaller suppliers getting paid 60, 90 or even 120...
Far flung employees traveling hither and yon should no longer wait weeks to be reimbursed for expenses – and companies should not find out about errors after the fact. Here’s why real time expense management’s time has come, according to the co-founder of Abacus.
Source-to-pay service provider Zycus secured a major client earlier this month: AmeriGas. In an announcement, Zycus revealed that it would be providing its Spend Analysis solution to the oil giant, aggregating its data from ERP systems, p-cards and other spending portals into a single view....
Television New Zealand, the state-run television broadcaster, also known as TVNZ, disclosed information Sunday (Dec. 13) about two data security breaches over the last year — one involving an invoice scam. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
A new small business lender has entered the U.S. market, and this one offers zero percent interest. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
Thomson Reuters is making moves to ease friction in the corporate buying space. The company announced Friday (Dec. 11) that it would be working with Eze Software in an effort to optimize the workflow of corporate buyers and procurement officials. Get the Full Story Complete...
As the U.S. Treasury continues with its inquiry into the rise of the alternative lending and online loan marketplace industry, mainly by seeking out information from its main players, state-level authorities have taken their own action to probe the sector. Get the Full Story Complete...
Crunching numbers isn’t exactly “fun” for everyone. But after the tedious tallying and the monotonous math, data can uncover previously unreachable information. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Consumers in the developed world tend to think of their financial systems as complex, particularly as compared to the developing world. And while that is not an entirely incorrect perception, it might just be a little bit skewed. When it comes time to pay in...
