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B2B payments are anything but instant in the U.S., where a collective $3 trillion is tied up in businesses’ outstanding accounts receivable (AR), according to PYMNTS’ The Trade Credit Dilemma Report, Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...
Paper-based accounts receivable (AR) processes aren't just slow and costly — they can also be confusing. Buyers struggle to decipher paper invoices, and discrepancies that appear between buyer and seller records can be arduous to resolve. Yet, digital AR platforms with speedy communication tools can...
Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...
Paper-based processes are widely used in AP departments, with recent PYMNTS data finding that 80.8 percent of firms use paper checks while 43.8 percent receive their invoices via fax. Such methods can be cumbersome and exploited for fraudulent purposes, however. The Next-Gen AP Automation Tracker's...
Automating accounts payable (AP) means the paper check will soon no longer be in the proverbial (and literal) mail. In the inaugural Next-Gen AP Automation Tracker, Uma Wilson, executive vice president and director of product management at UMB Bank, explains how the bank works to...
Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS...
This week, Fundbox, a B2B payments startup attempting to fix the “net terms” economy, raised $176 million in equity, a sign that changing the invoice settlement system presents a big opportunity. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
