Just three months after announcing plans to extend the payment terms of new contracts from 60 to 90 days, beverage conglomerate Diageo has reversed its tune. Diageo, which owns popular brands Johnnie Walker whiskey and Guinness beer, will maintain its current timeframe of 60 days....
A little under four months ago, the payments ecosystem got something of a surprise when a first round of Apple Pay adoption numbers was released by InfoScout in collaboration with PYMNTS.com. A survey of about 400 possible Apple Pay users on Black Friday revealed that...
Talking about innovations in payments can’t be done without discussing the technologies behind the innovations that drove the industry in the direction it has landed at today. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Move over tradition, it’s time for innovation — for the third year running. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
Software-as-a-Service can no longer be ignored in the business community. The expansion of global operations means corporations must do international procurement, meaning digital payments, communications, data analysis and other management tools have to technologically adapt to facilitate this evolution. Get the Full Story Complete the...
Paper invoicing is expensive and time-consuming, yet businesses across the globe still rely on the antiquated system. Change is coming. Electronic invoicing continues to grow in popularity. Countries that have proactively moved into the future of e-billing and invoicing aren’t the ones that automatically come...
Prominent tech investor Bill Gurley captured headlines coming out of SXSW last week with his rather grim predictions of things to come for the startup economy – and unusual addition to what is generally a celebration of all the potential of what’s new and now...
Millennials are poised to become the majority of the American workforce by 2016, and the supply chain should take notice. A new study from IBM reveals that millennials approach procurement decisions differently from their older colleagues. Whether businesses like it or not, these evolving buying...
Technology and SaaS startups are earning significant attention for their innovative solutions that can offer businesses greater insight into their cash flow. Many of these startups focus on small- and medium-sized enterprises with the understanding that these small businesses often face the toughest hurdles when...