Sears is in the midst of a long-winded downfall from its once mighty retail status. The financial losses, of course, are bad for the corporation. But now Sears suppliers are pushing back at the company over fear of late payments, and Sears is struggling to...
The California-based car purchasing service Cartelligent has announced a new focus to service businesses. The company revealed Tuesday (March 24) that in addition to its B2C business model, Cartelligent will now service small businesses in the state looking to access fleet vehicles. Get the Full...
The U.K. is reportedly the largest alternative financing market on the planet, and federal policymakers have taken up the topic of alternative lending to assure that small businesses across the region have access to working capital necessary to grow the economy. Get the Full Story...
There are still three years remaining on the current contracts for SmartPay, the federal card program that covers purchase, fleet, travel and integrated charge cards. But the U.S. General Services Administration (GSA), the agency that oversees the program, is already planning for the next iteration...
B2B buyers are often viewed as apprehensive to adopt new technologies in their operations, despite expert consensus (and evidence from the B2C side of commerce) that innovative tools can make the purchasing process much more efficient and beneficial to both sides of the transaction. Get...
As the U.K. government is working to respond to small business concerns over late payments, policymakers are also tackling another SME issue: lending. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The alternative lending industry is about to cross the $500 billion valuation threshold, and market analysts have confidently predicted the sector to hit a $1 trillion worth in just a matter of years. Get the Full Story Complete the form to unlock this article and...
Across the Asia Pacific region small- and mid-size enterprises spent $2 billion on cloud computing services last year, an impressive growth rate of 42 percent. Despite the rapid expansion of cloud technology, there is still a lot of room to grow. SMEs make up the...
Late payments are an increasingly worrying issue in today’s market as major corporate buyers have extended their payment terms to their smaller suppliers, which are then left to struggle to maintain cash flow. Get the Full Story Complete the form to unlock this article and...
