Hindsight is 20/20, which made it perfect for the world of corporate finance. After all, cash flow management has long been an exercise in hindsight and certainty. Chief financial officers traditionally pored over weekly or monthly reports, using historical data to make forward-looking decisions. And...
Artificial intelligence is transforming B2B. The B2B ecosystem, a once-staid environment populated by risk-averse number crunchers, is experiencing a recalibration. For chief financial officers and finance teams, AI’s most durable value lies not in grand reinvention, but in the incremental overhaul of how money moves,...
Vehicle-based payments firm Car IQ has introduced a new fuel-spend control feature. Station Controls, announced by the company Monday (Oct. 6), is part of the Car IQ Pay platform that offers fleets real-time control over fuel spend by automatically blocking high-cost stations and steering drivers...
In the race to make payments more invisible, seamless and smart, one fact can often get overlooked. Money moves most efficiently when it flows through the pipes that firms already use. In every major industry, those pipes are defined by the anchor systems that have...
Trade is adapting to the accelerating change reshaping global growth. Last year, more than $24 trillion in goods crossed borders. Roughly 80% to 90% of that trade requires some form of financing, whether from credit lines, guarantees or insurance. For decades, the dollar-dominated, bank-led machinery...
Late payments and cash flow unpredictability remain among the most pressing challenges for businesses, with nearly half of B2B invoices in North America still paid late. The latest PYMNTS Intelligence report, “Virtual Cards Cut Payment Delays and Protect Buyer-Supplier Ties,” done in collaboration with American...
After launching in the U.S., Mastercard’s Small Business Navigator is heading north. The suite of resources for things like cost savings and cybersecurity is now available in Canada, the company said in a Wednesday (Oct. 1) news release, noting more than half of that country’s small business owners...
SAP Taulia has enabled automation of the use and acceptance of its virtual cards by integrating Boost Payment Solutions’ straight-through processing technology. The automated B2B payment experience delivered by this collaboration will eliminate friction, reduce risk and accelerate cash flow, the companies said in a...
The relationship between corporate chief financial officers and treasurers and their banks has always been central to business growth, but it is entering a new era. Executives expect more than basic lending or routine treasury services; they look to their banking partners as strategic allies...