B2B Payments

B2B Payments
73% of Independent Contractors Would Switch to Freelance Marketplace for Better Payment Experience
February 09, 2022

Delayed payments can strain companies’ working relationships with independent contractors. These late payments can impact the freelancers’ financial health and strain their trust in the partnering company. As this may lead the independent contractors to seek job opportunities elsewhere, it can create retention problems for...

B2B Payments
Mobile FinTechs Aim to Crush 30% Fees for Nigeria’s SMEs
February 09, 2022

Finding financial solutions that work for every business — no matter the size or location — can be a challenge even with all the infrastructure it takes to make the process quick and convenient for everyone. Get the Full Story Complete the form to unlock this article...

B2B Payments
Fixing the Business Spend Management Problem Starts With an Online Catalog
February 09, 2022

Businesses have a buying problem, and fixing it requires a different way of managing their spend. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

B2B Payments
Remote Finance Teams Expose B2B Payments Fraud Vulnerabilities
February 09, 2022

It may seem that the pandemic has spurred new waves of fraudulent activity and more creative ways to lure unwitting victims into parting with sensitive data and money. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
Sber, na_pokje Roll out B2B Installment Payments
February 08, 2022

Russia state-owned bank Sber and wholesale marketplace na_polke have debuted Business Purchase in Installments for wholesale buyers, according to a Tuesday (Feb. 8) press release. Na_polke is a collaboration between Sber and IT company Evotor. Get the Full Story Complete the form to unlock this...

B2B Payments
Firms That Automate Accounting Processes Cut Missing Invoices by 60%
February 08, 2022

The adoption of accounts payable (AP) and accounts receivable (AR) automation solutions, such as eInvoicing, digital workflows and virtual cards, can yield benefits for businesses across a multitude of industry segments. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
Factoring Grows Up as Truckers Pair Modern Financial Products With Faster Payments
February 08, 2022

When BasicBlock CEO and Co-Founder Taylor Monks has a question related to software the company develops for trucking companies, he drives to a truck stop. There, he interviews truckers and asks them to use the products right there. Get the Full Story Complete the form...

B2B Payments
Report: FIs Use Technology to Fix B2B Invoicing, Cash Flow Frictions
February 08, 2022

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...

B2B Payments
35% of Firms Still Require CEO Approval to Pay an Invoice
February 07, 2022

Firms that process more than 20,000 invoices per month differ from other firms in a few ways. They are more likely to say they need their CEOs’ approval before they can make invoice payments, they are more likely to use electronic invoices and they process...