Payment frictions between buyers aren’t just inconvenient — they’re costly. Forty-one percent of buyers have had late fees on vendor payments in the last year, according to “The Financial Performance Quandary: Leveraging Automation to Better Manage Non-Payroll Spending,” a PYMNTS and Airbase collaboration based on...
Today in B2B payments, Bank of America’s CashPro App adds a way to sign in without manually entering password credentials. Plus, German venture capital firm Point Nine raises about $173 million to support B2B marketplaces and software-as-a-service (SaaS) startups. Bank of America’s CashPro App Adds...
Technology, and the great digital shift, have made it easier for firms of all sizes, across all verticals, to tap new markets. Globally. But as B2B transforms and suppliers and buyers connect in new time zones and pay one another in a range of currencies,...
Today’s chief financial officers (CFOs) are often expected to add value to any aspect of the business, partner with the CEO and be ready to step into the CEO’s shoes if necessary. “As I’ve seen the CFO evolution, more and more businesses are looking for...
Today in B2B payments, iControl and MarginEdge partner to help solve the problems restaurants face when buying and selling alcohol, while Auditoria.AI introduces smartbots that help companies run their helpdesks. Plus, Berlin-based startup Workist raises about $8.7 million to help automate B2B transactions. iControl, MarginEdge...
Berlin-based tech startup Workist has raised 9 million euros (about $8.7 million) to continue building its automation platform for B2B transactions, add to its team and further its expansion into international markets. “This is a huge milestone for the entire team at Workist and approval...
B2B food and beverage payment solution iControl is partnering with MarginEdge, a restaurant management software solution, to help solve the problems restaurants face when purchasing and serving alcohol. In a press release Saturday (Sept. 24), MarginEdge CEO Bo Davis said some of the difficulties restaurants...
Natural language and artificial intelligence (AI) technologies provider Auditoria.AI has introduced two AI-enabled smartbots that monitor and manage shared accounts payable (AP) and accounts receivable (AR) email inboxes. Dubbed AP Helpdesk and AR Helpdesk, the smartbots deliver automated responses that speed up response time, improve...
Today in B2B payments, Visionaries Club raises 400 million euros (about $388 million) to invest “courageous capital” in digitizing supply chains, while Remofirst raises $14.1 million to help companies build remote teams. Plus, Markaaz and Nav Technologies partner to deliver curated financing options to the...
