An object at rest stays at rest, Isaac Newton famously proved. And for many otherwise-savvy B2B businesses, the object most likely to be perennially obstructed by inertia tends to be their accounts receivable (AR) function. “As companies grow in size, they’re often manually trying to...
The economy is unpredictable, and companies are clamoring for on-demand working capital solutions that can be tailored to their unique needs. Imagine a world where your bank knows your business as well as you do, providing the working capital solution you need right when you...
Despite the interest rate cuts by the Federal Reserve — 0.5% for the first go-round in September, with more cuts widely expected — the fact remains that the era of low interest rates is, arguably, over. One mainstay? Volatility will be a hallmark of interest...
Citi has launched an integrated digital bill discounting solution that it said helps users monetize receivables in less than an hour. The new Citi Digital Bill (CDB) is now available to Citi clients in the U.S., the U.K. and Ireland, the bank said in a...
Bill360 will add new features to its accounts receivable (AR) automation platform that will enhance the invoice email process, increase protection against credit card fraud and make paying invoices easier for buyers. The platform is designed for accountants and their B2B small- to medium-sized business...
Square has increased its offerings for beauty and wellness sellers by adding new features, partner integrations and a distribution partnership. These tools are designed to help beauty and wellness professionals with their sales, customer service and back-office operations, the company said in a Monday (Oct....
Today’s middle-market firms often find themselves caught in the Goldilocks paradox. These businesses, with $50 million to $1 billion in revenues, are too big for the financial products offered to smaller businesses, yet too small for the working capital solutions typically designed for multibillion-dollar enterprises....
Of all the things a business needs, cash on hand is top of the list. And against today’s dynamic operational backdrop, financial health and operational efficiency can be defined by a three-letter metric: DSO, or days sales outstanding. DSO measures the average number of days...
Accounts payable (AP) remains a pain point for businesses of all sizes, particularly those that still rely on legacy methods like checks. The adoption of embedded payments presents an opportunity to transform AP, enhancing efficiency and security while addressing ongoing challenges. A PYMNTS Intelligence report,...