When there’s a “tidal wave” of new entrepreneurs out there, being the place where they can go to launch, run and grow a business is a great position to be in. ZenBusiness has been there since 2017, building a platform that provides small businesses with...
Accounts receivable (AR) teams face notable challenges, especially if their companies continue to rely largely on manual processes. One of the biggest pain points is delayed payments, with 93% of companies experiencing late payments from customers, according to the “Working Capital Playbook,” a PYMNTS and...
Synovus on Tuesday (Jan. 4) teamed up with Visa on a mobile virtual commercial credit card that allows businesses to instantly generate and send virtual Visa credit cards to their employees, vendors and contractors through a mobile app that leverages Visa Commercial Pay, according to...
Although complications can arise from businesses’ continued reliance on paper-based payments, 81% of firms still use paper checks to pay other businesses at least occasionally, according to The Treasurer’s Guide To AR Payment Optimization, a PYMNTS and CheckAlt collaboration. Get the report: The Treasurer’s Guide...
B2B companies are taking to digital channels to manage business functions, establish buyer or vendor relationships and handle critical payment functions. As they do so, B2B buyers want the same sort of seamless payment processes that they have during business-to-consumer (B2C) transactions. In fact, 74%...
Frank Colich, chief financial officer (CFO) at Rescale, has two mantras that he has followed as he’s built accounting and finance teams over the years. One is that they should automate as many of their tasks as they can and work themselves out of a...
As much of the digital commerce world is busy building consumer payments ecosystems, the merchants that accept those payments need digital ecosystems with highly specialized and integrated services. Fresh from a $375 million Series F funding round placing its current valuation at $7.5 billion, Bengaluru,...
Frank Colich, chief financial officer at Rescale, has two mantras that he has followed as he’s built accounting and finance teams over the years. One is that he and they should automate as many of their tasks as they can and work themselves out of...
As businesses have turned to online channels during the pandemic, swift digital disbursements have become increasingly important. Companies, particularly small- to medium-sized businesses (SMBs), are constantly on the hunt for financial tools that can help them keep their cash flowing. It’s no surprise, then, that...
