Firms can now choose from a variety of payment methods when sending or receiving funds, which means the companies they do business with must maintain multiple systems to accommodate disparate needs and preferences. As the payments landscape has gotten more complex, it has also become...
B2B-focused integrations platform Merge on Thursday (Nov. 4) raked in $15 million in a Series A fundraising round, according to a TechCrunch report. Addition led Merge’s push for fresh capital, while NEA also participated in the effort after taking the lead on Merge’s $4.5 million...
Vendor onboarding is a necessary and often challenging step in forging business relationships. Corporate buyers must not only gather data to ensure that potential suppliers can meet their procurement needs, but also collect and verify vendors’ details to comply with anti-crime regulations, adhere to tax reporting requirements...
Day by day, over the course of a month, spanning dozens of discussions and wide-ranging viewpoints, some common themes have emerged. In the B2B realm, checks, manual processes, phone calls and even faxes have marked the way it’s “always been done.” The month-long series PYMNTS...
Companies are looking to expand their digital presence, and many are even beginning to consider eCommerce as the dominant channel through which they interact with clients and business partners. In fact, 29% of B2B firms expanded their use of online sales channels in 2020, according...
Today in B2B payments, Square and LegalZoom are getting together to streamline SMB payments, and PYMNTS research shows 15% of B2B receivables are overdue. Plus, Comdata and RoadSync are teaming up to pair mobile payments and checkout platforms, while Katanox and Oracle are helping hoteliers...
In the great supply chain snarl that has been a hallmark of recent months, as the holiday season looms, it has been the smaller suppliers that have been the most negatively impacted. Alibaba.com President of North American and Europe John Caplan told Karen Webster, “There’s...
The shift to remote work has driven finance and accounting teams to take a deeper look into the tools they’re leveraging and how their systems, processes and controls are set up. While some companies are further along in this journey than others, all have had...
Comdata has partnered with digital logistics FinTech provider RoadSync to enhance mobile payments for warehouses, distribution centers and similar places, according to a press release. This comes amid a supply chain crisis, which is making it more difficult for shipments and payments to go through...