Business-to-business (B2B) transactions remain mired in a paper-based world where finance teams have their hands full. Quite literally — after all, paper checks and physical invoices won’t send themselves. That’s why PYMNTS sat down with Aaron Bright, new business development at Galileo, Karandeep Anand, chief product...
Automation and artificial intelligence (AI) have become essential tools in the business-to-business (B2B) landscape, transforming various aspects of financial operations and payment processes. For instance, the digitization and automation of payments have proven key to improving working capital transparency and streamlining financial processes, helping businesses...
Digital is no longer a strategy but a whole way of doing business. And many companies need to figure out what’s next. This, as Yum! Brands, the owner of quick-service restaurant franchises KFC, Taco Bell and Pizza Hut told investors on its most recent earnings...
Three-quarters of Main Street businesses say they would close within 60 days of a cash crunch. Consumer spending may be up, but so are prices, forcing consumers to struggle to pay more for the same item — or in the case of shrinkflation, less of an item than before....
BILL will launch a unified platform experience this fall, fulfilling a priority it set a year ago. This integrated platform will bring together the financial automation software provider’s accounts payable (AP) and expense management solutions, streamlining and simplifying financial operations for small and medium-sized businesses...
While B2B payment services have previously prioritized buyers, there is an increasing focus on providing value to suppliers, including accelerated payments. According to Matt Clark, president and chief operating officer of Corcentric, this is the result of significant progress made to digitize B2B payments and embrace...
It is important to remember that people are a company’s biggest asset. A winning employee workforce can make or break any firm’s success by helping an organization unlock the full value of its business, and companies around the world are increasingly recognizing the significance of...
Cornerstone Information Systems and Traxo have joined forces to modernize corporate travel management. Cornerstone, a global leader in managing travel and expense operations, has made a strategic investment in Traxo, kicking off the first phase of a close technology partnership between the two, the companies said in a...
Back in the darkest days of the pandemic, Visa struck a partnership with Conferma Pay to integrate the payment network’s virtual cards into the latter’s mobile app. Tap and pay, and contactless payments, as COVID-19 ravaged the globe, were top of mind, a way to...