As SMBs start the new year, they’re looking for simplified payments technologies to grow. This is analyzed in the report Tapping The Payments Opportunity In SMB Retail, a PYMNTS and American Express collaboration, which looks at how SMBs are focusing on cash flow management and cost control, with...
Software isn’t just changing the world. It’s also giving CFOs better access to working capital. In most cases, that means access to their own money in the form of outstanding or unpaid receivables. This is as modern tech solutions for finance and accounting teams are...
Digital technologies are driving innovation in trade finance, enabling faster decision-making and more streamlined processes. In the past, trade finance was bogged down by lengthy risk assessment and underwriting processes, and accessing credit could take days or weeks, especially if it was a business’s first...
The holiday shopping season is so important to retailers that it has become a matter of survival for many. One in four businesses believes recent holiday sales will determine whether they make it in 2023. Small to midsized businesses (SMBs) are investing in new tools,...
Holistic business planning and digital tools are increasingly evolving the responsibilities of finance teams. This, as macroeconomic-driven headwinds create friction points and prompt organizations to turn to more centralized and streamlined strategies for their working capital and spending needs. PYMNTS recently sat down with Kevin...
Mercado Labs has added a purchase order (PO) solution to its import order management system. The new Mercado DNA is digital, networked and automated and provides a single platform to all the teams involved in the placement, management and fulfillment of an order, Mercado Labs...
Lockstep has added a self-service portal to its connected accounting network. The new Lockstep Self-Service allows companies’ customers and vendors to reconcile their statements, download documents, view transaction history and export accounting data, according to a Tuesday (Jan. 10) press release. The application works with...
Austria’s Consola Finance has launched an automated finance and accounting platform for Web3 companies. “Our mission is to bring clarity and control to companies’ crypto finances, and our platform automates processes such as bookkeeping, accounting, and reporting, saving valuable time and reducing human errors,” the...
Lingering inflation and supply chain issues could leave small businesses in a cost-cutting scramble this year. PYMNTS’ study, “Main Street Health Q3 2022: SMBs Battle Inflation,” revealed that only 54% of domestic SMBs expected revenues to increase last year, down from 64% in November 2021....
