Automating the accounts payable process has become a paramount priority for businesses looking to achieve top-tier performance levels. Integrating automated solutions is often talked about in terms of managing suppliers, gaining visibility into major expenses and deepening the understanding of where corporate cash ends up....
Industry analysts agree that late B2B payments threaten the survival of small and medium-size enterprises. Often operating within thin margins, sometimes without easy access to working capital financing, SMEs can go defunct when an invoice remains 60, 90, 120, or more days without being paid....
Bank of America Chief Executive Brian Moynihan is speaking publicly about the potential negative implications of bank stress tests. Reports by The Wall Street Journal this week said the executive is warning that stress tests could force financial institutions to tighten their purse strings when it comes...
MasterCard has collaborated with the State Bank of India (SBI) to launch a commercial card solution aimed at a certain niche of the market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Big Data is more than a buzzword; it can give new insight to SMBs as to where to deploy time and money across B2B transactions. The key? “Breaking down silos,” says Ness Software Engineering Chief Technology Officer Moshe Kranc.
Reports that surfaced last month hinting at RateSetter‘s entrance into the corporate lending space appear to have been true. According to Financial Times, the U.K. peer-to-peer lender has secured government approval to begin lending to small and medium-sized enterprises this week. Get the Full Story Complete...
A U.K. corporate networking firm has found some intriguing patterns emerging among corporations as the risk of cybercrime grows. Researchers at Citrix this month found evidence that businesses are shoring up reserves of bitcoin so they can pay ransoms as quickly as possible should they...
The International Monetary Fund is raising new alarms over China’s mounting corporate debt, warning that unchecked growth could lead to economic trouble in the country and beyond. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The U.K. has initiated legal efforts to combat the issue of late B2B payments in one of the strongest shows of support against the practice on the globe. But new research suggests some SMEs are concerned that legislation, which came into effect in April, could...