Billing processes that pass muster in the U.S. aren’t necessarily enough when transacting with businesses overseas. Each country has unique invoicing standards and regulations, meaning accounts receivable (AR) teams must modify their approaches for each market, says Jeff Edwards, CEO of energy and power solutions...
Businesses have gone back to the drawing board to rethink their payments approaches during the COVID-19 pandemic. Old-school business-to-business (B2B) transaction methods like sending and waiting on checks and physical invoices are more difficult to stick with now that many offices are closed and financial...