Software-as-a-Service (SaaS) purchasing solution Vertice has raised $26 million in a Series A funding round, the company announced Thursday (May 19). According to Tech Funding News, the new capital will help the U.K.-based firm expand its engineering and commercial teams, develop its platform and accelerate...
Among the payment methods that have become more frequently used due to digitization, automated clearing house (ACH) transfers lead the pack. Sixty-four percent of chief financial officers (CFOs) say this type of payment is used more frequently, according to the “B2B Digital Payments Tracker,” a...
Pricing software maker Zilliant has launched its Zilliant Quick Start Program, designed to allow faster deployment times for its software, which powers intelligent commerce for B2B companies, according to a Thursday (May 19) press release. The program debuted with the Zilliant Quick Start for Global...
B2B payments, in the digital age, might owe a lot to that 18th century giant of economics, Adam Smith. BigCommerce CEO and Chairman Brent Bellm told Karen Webster that in Smith’s reckoning, humans can be counted on to optimize their activities based on their own...
Modernizing payments is a critical initiative for financial institutions (FIs) and corporations of all sizes. The benefits are wide-ranging: Successful modernization makes business-to-business (B2B) payments, cash management and invoice reconciliation less complex and easier to manage. It can also grant these entities access to supplier...
Today in B2B payments, Apis invests in DT One, while Adflex expands its partnership with Mastercard. Plus, Quark.ai debuts an autonomous B2B eCommerce support platform, and half of the B2B invoices sent in the U.S. become overdue before they’re paid. Apis Invests in B2B Micropayments...
Capital management is a constant challenge for all types of businesses, requiring them to invest vast sums to manage cash flow, accounts payable (AP), accounts receivable (AR) and other related tasks. Problems range from incorrect invoices to lack of cash on hand to late payments...
B2B payments specialist Adflex is expanding its partnership with Mastercard by offering Click to Pay to its merchants, according to a company press release Wednesday (May 18). The company’s merchant customers can now use its platform to simplify eCommerce transactions, encourage faster payments, improve supplier-buyer...
Data can help B2B payments more fully enter the digital age. Jennifer Petty, managing director, treasury product at Bank of America, told PYMNTS in an interview that coming out of the pandemic, getting rid of paper checks has become an increasingly important goal for commercial...
