Software software software. That’s where the money was at in the B2B world this past week as venture capitalists secured millions for Software-as-a-Service startups looking to make all aspects of the procurement process easier for buyers and suppliers. Investors pumped more than $10.5 million into...
As China e-commerce leader Alibaba grows its position within the B2B digital commerce industry, the company is investing in new ways to aid the financing of procurement. Last month, the conglomerate revealed a new partnership with alternative lender Lending Club to launch e-Credit Line, which...
Although still underutilized industry-wide, attitudes toward electronic invoicing and billing are changing. Out of the estimated 170 billion invoices exchanged by the global business and government sectors in 2014, a mere 26 billion were sent electronically, according to the latest data from e-billing and e-invoicing...
For the first time since before the recession, the federal Small Business Administration will not have to seek taxpayer dollars to make up for funds it loaned to small businesses that are not paying their bills. Get the Full Story Complete the form to unlock...
The massive IPOs of alternative lending stars Lending Club and OnDeck appeared to have opened the eyes of venture capitalists to the world of alternative financing. With the first two months of 2015 already showing significant investment in the market, reports say that alternative lending...
Business-to-business channel revenue has steadily increased over the last four years, and the latest data show that growth will likely continue. New insight from consumer market research firm NPD Group reveals not only the latest expansion in B2B revenue, but also the product that’s been...
The cloud B2B procurement services of SciQuest and Transcepta are merging into a new product that facilitates even global purchasing actions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Something as complicated as multi-currency, international mass payments seems impossible to simplify. But the purpose of hyperWALLET’s rebranding and internal restructuring was to do just that, says its CEO and President Lisa Shields. Many businesses have had to knock down their own payments roadblocks by...
Travel managers are demanding easier ways to book corporate travel and manage expense. Corporate travel and expense management solution provider Fraedom revealed a free tool, which the company describes as “out of the box,” that aims to meet the demand of corporations. Get the Full...
