Carahsoft Technology Corp. will be partnering with spend management company Coupa to boost the availability of spend management tech in the public sector, according to a press release Thursday (Sept. 23). “With a significant opportunity in the public sector, building the right strategic partnerships to...
Ramp, which is a corporate card and finance automation platform, is partnering with employee management platform Rippling to streamline onboarding and improve employee spend, according to a press release. The partnership will also endeavor to boost the automation of finance options, the release stated. “In...
Today in B2B payments, a PYMNTS report projects four out of five B2B transactions will be digital by 2025, and Ocrolus improves credit scoring for SMBs. Plus, mid-sized companies need more capital to digitize their accounts receivable processes, Veem teams with REPAY on B2B payments...
The payments companies REPAY and Veem have formed a partnership that the two entities say will enhance their B2B payment capabilities. The agreement, announced on Thursday (Sept. 23), will see REPAY expand its cross-border payment delivery options, while Veem uses REPAY’s B2B virtual card and...
As more businesses are making and receiving digital payments themselves, a growing number are also requiring their business partners to do the same. It’s a trend that is clearly set to continue for the foreseeable future, new data from PYMNTS suggests. In fact, the Enabling B2B Payments For The Virtual Workforce study projects that up to 80% of all buyer-supplier transactions could be done digitally by...
For hundreds of years, a traditional karate association in Japan had been delivering its lessons in person, Plastiq Chief Product and Technology Officer Stoyan Kenderov explained. But then COVID-19 hit, and it had to retool overnight and deliver its services online. Today, he said, this...
As Ocrolus CEO and Co-founder Sam Bobley put it, there’s never been a data capture technology that could analyze financial documents of any format or quality with perfect accuracy. Add in low-quality images and thousands of different document formats and the problem gets even worse....
Today in B2B payments: Rabbet and AvidXchange are making real estate invoice management easier, and Bank of America improves its Intelligent Receivables platform. Plus, MarketFinance raised $382 million in debt and equity in a funding round, Emirates Development Bank unveils an SMB banking app, and...
Mid-sized companies are more likely than enterprises of other sizes to say they want digital technology to transform the way they operate, but they’re also more likely to say they don’t have the resources to do it. About 93% of mid-sized companies, or firms generating $25 million to $100 million annually, consider accounts receivable (AR)...
