Frustrations over delayed payments are on the rise, prompting businesses to upgrade their B2B transactions and other processes. Today, 45% of businesses view slow payment completion times as one of their main pain points, according to the “Next-Gen Digital Payments Report,” a PYMNTS and Transcard...
Two decades ago, providing payments to workforce employees and channel members meant signing a check and putting it in the mail. Today, it’s an evolving process that engages recipients through text messages, emails and apps. Get the Full Story Complete the form to unlock this...
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Accounts receivable (AR) teams are leveraging technology to meet the demands of today’s remote economy. Automating routine AR processes can be a critical step in addressing remote accounting hurdles as well as the traditional chores within the order-to-cash (O2C) process. Get the Full Story Complete...
As inflation continues to rise, companies are seeing cost increases in delivery services, software contracts and other goods and services across the board — and procurement teams find themselves under pressure to source new suppliers or negotiate new terms with the ones they have already....
The B2B accounts receivable automation and integrated-payments company Billtrust says it surpassed $1 billion in supplier invoices delivered to accounts payable (AP) portals in 2021. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Mastercard on Thursday (Jan. 20) unveiled its Mastercard Track Instant Pay, a virtual card solution for instant B2B payments, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
In India, direct bank transfer, checks and cash remain popular B2B payment methods, despite their drawbacks — mostly because businesses haven’t had any good alternatives. Because B2B ticket size is high and margins are low, payment gateways are not an option due to the high...
Fulfilling payments needs quickly is crucial for companies looking to compete for the services of microbusinesses — businesses with up to 10 employees, including solo entrepreneurs or self-employed freelancers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
