B2B Payments

Coupa and NetSuite Partner On Expense Management and Procurement
October 17, 2014

Going forward, NetSuite users will be able to access a custom built version of the Coupa Cloud Procurement and Expense Management SuiteApp. Businesses can use the app to improve spend visibility and use the insights gleaned to improve purchasing decisions and realize savings. Get the Full...

B2B Payments
Accounts Payable Challenged By Increasing Invoice Volume
October 17, 2014

While the increase in invoice volumes signals an uptick in corporate revenue, they are not exactly a cause for celebration in the accounts payable operations that are dealing with them.  Those still transacting in paper are finding the up-flow married to an exponential increase in...

B2B Payments
North American B2B Procurement Inefficiencies Cost $1.5 Billion/Year
October 16, 2014

Although the concept of B2B procurement systems is to sharply increase productivity, that’s doesn’t seem to be how it’s working out. Barely 28 percent of procurement professionals say that their procurement systems make them any more productive, according to a research survey. Get the Full...

B2B Payments
Why Big Corporates Are Skipping SWIFT
October 16, 2014

Forty percent of Fortune 500 companies are already connected to SWIFT, the global financial-messaging network. That’s according to Gottfried Liebbrandt, CEO of Brussels-based SWIFT, at the organization’s Sibos conference in Boston last week. But that number should be closer to 90 percent, said David Blair,...

Alternative Finances
Georgia Vendors Receive Over $100M In Incorrect Federal Payments
October 16, 2014

The state of Georgia is in some hot water after failing to correctly manage its WIC program—a public assistance federal food initiative that helps provide balanced nutrition for mothers and young children. According to reports, Georgia’s myriad errors in running the statewide WIC program resulted...

B2B Payments
Cost And Security Concerns Slow Banks Progress To Real Time Corporate Payments
October 16, 2014

Corporate treasurers want speed — a lot more speed — from their banks, including quicker transaction settlement and access to information, along with faster account opening. Banks? They just want a little more time, according to American Banker. Get the Full Story Complete the form...

B2B Payments
Canadian Business Travel Slowing
October 16, 2014

Canada’s hotel supply has grown more strongly in 2014 than in the previous two years, but that improvement presents about 0.8 percent growth as opposed to 0.5 percent.  In any case, the supply of hotels in Canada is growing at a little more than half...

B2B Payments
Citibank Launches Citi Integrated Payables
October 16, 2014

Citi has announced the launch of Citi Integrated Payables Solutions, a combination of payment and analytics services that will help organizations optimize their supply chains. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

B2B Payments
Rising Insurance Costs Hit Small Businesses
October 15, 2014

As the end of 2014 is drawing closer, small businesses going to renew their insurance plans are feeling the first round of price hikes associated with the ACA. Some business are looking at cost increases of as much as 40 percent, leaving small business owners...