Spryker expanded its App Composition Platform to include Stripe as a global payment services provider (PSP). With the Stripe integration, enterprises using the platform can expand into new regions and facilitate business with customers around the world, Spryker said in a Wednesday (April 3) press release. “The ability to quickly implement...
How B2B suppliers bill their customers is changing around the world. And with the announcement last week (March 26) that the first e-invoice had been successfully sent across the U.S. Digital Business Networks Alliance Open Exchange Network (DBNAlliance), interest in the benefits of e-invoicing solutions is...
Payments innovations that scale broadly in the B2C space aren’t always as widely adopted in the B2B space due to limited applicability. The principles of consumer payment innovations can offer insights around streamlined user experiences and enhanced convenience, but the B2B space presents its own...
Innovations in embedded finance have captured the attention of decision makers in the logistics and wholesale trade space. As a result, payment facilitators (PayFacs), independent software vendors (ISVs) and marketplaces are all working with these providers to help them integrate embedded finance capabilities, such as...
Home Depot’s acquisition of SRS is the latest evidence that the home improvement giant is laying the foundation — pun intended — for a many-sided, digitally-enabled ecosystem. With B2B services and trade finance tied to it all, the deal might solidify loyalty among professional contractors,...
Settle has added an Automatic 3-Way Matching for Purchase Orders feature to its cash-flow management platform. Designed for eCommerce and consumer packaged goods (CPG) brands, this feature dynamically validates purchase orders (POs), goods received notes (GRNs) and bills by automatically flagging inconsistencies, ensuring users are not overbilled, the...
The B2B market is made up of countless mini-markets full of disparate buyer-supplier networks and fragmented industry verticals, each with its own preferences for how it likes to pay and be paid. There are nearly as many minute payment preferences within the B2B space as...
Driven by digitalized operating models, today’s B2B procurement processes are hardly recognizable to those just five years ago. While that’s good news for younger B2B buyers and Generation Z decision-makers, it puts companies relying primarily on legacy processes and manual workflows in the hot seat...
TreviPay added a new self-financing option and enhanced payment application features to its B2B payments and invoicing network. The new features are designed to give sellers more control over their trade credit portfolio while using TreviPay’s platform, the company said in a Tuesday (March 26) press release. “TreviPay’s...
