Hotel chain Starwoord is pushing its loyalty program, Starwood Preferred Guest, into the brave new world of B2B loyalty with its expansion to SPBPro. The new loyalty program is pitched as a comprehensive rewards experience for meeting and business professional. Get the Full Story Complete...
That late payments are a problem is a non-controversial issue. The Obama administration has launched the Supplier Pay initiative in the U.S., to address the problem, while in the U.K. parliament has spent a large chunk of the summer of 2014 debating how it is...
In an attempt to aid the expansion of small business in the U.S. Ohio credit unions are launching a program that will give businesses statewide use of a factoring tool that had been in a pilot program with the Nowaccount Network Corp. The Ohio Credit...
Entrepreneurs are prepared for a world where no one buys their product and they go out of business. Somewhat harder to accept is a world where ones product is bought, and they still go out of business because the 30, 60 or even 90 day...
When procuring products and services, the U.S. General Services Administration’s Public Building Service (PBS) recently got a bit smarter. Earlier this year it deployed a system designed to accelerate and modernize the entire procurement process, from initial request to payment and close out. Get the...
A late-payment culture in which more and more companies are considering as normal practice not paying suppliers on time has prompted the creation of yet another system designed to better connect the payment processes of buyers and sellers. Get the Full Story Complete the form...
Basware and MasterCard have joined forces to introduce Basware Pay, and automated supply chain finance system. The new product connects buyer and supplier payments through the Basware Commerce Network and creates a network that only authorized and authenticated users can gain access to. Once approved...
Things took a turn for the better for U.S. small businesses during the second quarter of 2014. According to Small Business Credit Index released recent by Experian and Moody’s Analytics, small business lending showed some improved growth in the spring and early summer of 2014. Get...