As companies hunt for solutions and technologies that can help streamline B2B payments, consolidating them in a single platform that offers a transparent view of all data has proven to be a time- and money-saving change of choice. Reliance on siloed systems to conduct different...
Payday means different things to different people. For employees, it’s the certainty that their money will appear in their banks. For employers, it’s as much about honoring that contract with staff while also remaining compliant with a range of rules and regulations. But now, at...
Beacon, a Jeff Bezos-backed logistics startup allowing companies to manage supply chains better, is reportedly raising tens of millions of pounds to help deal with growing demand. Sky News reports that Beacon has cinched a $50 million Series B funding round which was led by...
Emlen, a Saarbrücken- and Berlin-based Software-as-a-Service (SaaS) startup, has closed a funding round for 3.6 million euros (about $4.2 million) and will use the capital create a “Netflix-like” B2B buyer experience, EU-Startups.com reported. Co-Founder Marc Grewenig said in the report that the idea behind the...
Global technology company Cygnet InfoTech is growing its footing in the Middle East with the rollout of a digital invoicing platform in Saudi Arabia. Having recently received accreditation from the General Authority of Zakat and Tax (GAZT), Cygnet InfoTech will now offer technical solutions for...
Small and medium-sized businesses (SMBs) can now issue Flex Visa Debit cards to their employees to better regulate business expenditures using Singapore-based FinTech platform Finaxar Holdings Pte Ltd’s Flex by Finaxar. The cards have access to the SMB’s Flex account, and businesses can set up...
B2B eCommerce platform Znode has partnered with cloud-based business tax compliance automation platform Avalara to support automated Value Added Tax (VAT) compliance, according to a Friday (Oct. 1) announcement. “Znode understands the needs of its customers, and their Znode ecommerce platform reduces complexity for their...
B2B payments are steadily becoming more digital, with 80% of all B2B interactions projected to take place digitally by 2025. But for many companies, both established and startups, the struggle to optimize and streamline their back-office functions can’t end soon enough. Nancy Korayim, CEO of...
Companies are reexamining their payment tools as they work to more swiftly and seamlessly send and receive payments. Buyers want to use less-expensive payment tools while suppliers want to receive their funds quickly. Ditching paper checks for B2B transactions conducted via virtual cards could benefit both...
