B2B Payments

B2B Payments
Fuelman-CarAdvise Partnership Improves Digital Fleet Maintenance
November 23, 2021

Business fuel expense management platform Fuelman on Tuesday (Nov. 23) debuted a strategic partnership with digital vehicle maintenance and repair marketplace CarAdvise that brings together Fuelman’s managed fuel programs with CarAdvise’s Software-as-a-Service (SaaS) platform. The collaboration will improve price transparency with national large fleet discounts...

B2B Payments
B2B Spend Management Startup Payhawk Closes $112M Series B
November 23, 2021

B2B spend management startup Payhawk closed a $112 million Series B all equity round, the biggest Series B in Central and Eastern Europe for a B2B company, and comes just seven months after a $20 million Series A. The Series B was led by U.S....

B2B Payments
46% of Firms Using ACH for More B2B Payments Amid Pandemic
November 22, 2021

Many chief financial officers (CFOs) have not only helped their organizations weather the storm financially since the pandemic but have also implemented digital innovations that will improve their organizations’ payment operations over the long haul. For example, 46% of firms are using regular ACH more...

B2B Payments
Automating Accounts Payable Can Turn Data Collection Into Relationship Management
November 22, 2021

Automation can make businesses more efficient, reduce errors and minimize costs in many areas. Increasingly, automation allows processes that would have once taken days to be done in a matter of seconds. When it comes to the complex world of invoices, this kind of automation...

B2B Payments
Adobe Partners With Bolt to Add One-Click Checkout
November 21, 2021

Retailers using Adobe eCommerce software tools will soon be able to add one-click checkout. Adobe has announced it will add this feature thanks to a partnership with Bolt, Reuters reported. If Bolt has seen the retailer’s customer before among its own network of 10 million...

B2B Payments
Missing, Inaccurate Procurement Data Costs B2B Firms $600B a Year
November 19, 2021

The widespread shift to remote work is fundamentally changing the procurement process. Historically, businesses have managed B2B payments in centralized offices, where employees could easily exchange paper documents to authorize business expenditures. Today, that is no longer practical — or even feasible. In response, many...

B2B Payments
SMBs Mimick ‘Buy Local’ Theme This Holiday Season With Shift to Ship Local Solution
November 19, 2021

A week before the weekend that includes Black Friday and Cyber Monday, Dhruv Saxena, co-founder and CEO of ShipBob, was on the road to see what was happening in the company’s fulfillment centers. ShipBob is a global fulfillment platform for small- to medium-sizes businesses (SMBs)...

B2B Payments
Google Pay to Launch New Voice Feature, Online Storefront
November 18, 2021

Google Pay will be adding features that enable users to enter account numbers and initiate payments using their voice, split bills within a group and, for merchants, easily build an online storefront, Business Standard reported Thursday (Nov. 18). “We’ve been on a mission to make...

B2B Payments
TreviPay Completes Sale of Multi-Service Fuel Card Business Unit
November 18, 2021

Corsair announced Thursday (Nov. 18) that its portfolio company TreviPay has completed a global receivables securitization and the sale of a non-core business unit, according to a press release. In closing its first global receivables securitization, TreviPay replaced $175 million of on-balance sheet asset-backed loans...