Checks remain a key B2B payment method in Canada, but commercial cards are changing that. A driving force behind this is the partnership of New York-based Boost Payment Solutions and Toronto-based payment processor Moneris, as the latter is bringing more of Boost’s commercial card and...
Billtrust has a new CEO three days after the completion of its go-private acquisition. The B2B order-to-cash software provider said in a Monday (Dec. 19) press release that Sunil Rajasekar was named CEO, succeeding company founder Flint Lane, who will remain on the board of directors. “Today marks the beginning of...
The acquisition of Billtrust by EQT Private Equity has been completed. With the completion of its acquisition by the global investment organization, the B2B order-to-cash software provider has ceased trading and will no longer be listed on Nasdaq, Billtrust said in a Friday (Dec. 16) press release. The transaction was...
Businesses expanding globally will face numerous Black Swan challenges in 2023 and what will power them through is data access, so says Joe Pergola, Chief Financial Officer at Connatix, a New York-based video technology company for publishers and advertisers. Pergola believes CFOs must partner closely with...
B2B payments network CoreChain Technologies has partnered with open source software firm Odoo. With this collaboration, CoreChain Technologies’ embedded B2B payments and financing will be added to Odoo’s open source all-in-one business software and its ecosystem of 8 million users, the companies said in a Thursday (Dec. 15) press...
As businesses look ahead with uncertainty, cost centers like workers’ compensation plans are under review. This, as CFOs are turning towards tech solutions that deliver incremental savings by optimizing payments management practices, including managing spending. Workers’ compensation plans require hefty premiums, and managing this expense...
Even when the economy ultimately improves, the corporate belt-tightening trend looks set to stick around. This is as cost-savings and waste reduction really never go out of style. “Companies are running as lean as possible — and that’s something we’re seeing, increasingly, in our customer...
OpenBOM and ManuFuture want to give mechanical custom parts manufacturing a digital makeover. OpenBOM, a digital product data management platform, announced Wednesday (Dec. 14) it was working with ManuFuture, a mechanical custom parts manufacturing marketplace. “Digital transformation is in the air and manufacturing companies are...
The pressure is on for companies to conserve cash, to manage money flows more adroitly. Joe Payne, senior vice president of Source to Pay at Corcentric, told PYMNTS that not all that long ago, companies were contending with the great resignation. “Firms were still struggling...
