Today in B2B payments, Entrata discusses modernized multifamily PropTech, and Swift introduces recipient pre-checks for cross-border payments. Plus, Aryes discusses small businesses’ path to profitability, GUUD launches a trade finance solution and Onit collaborates for corporate legal expense management.
Just because sales are up, and a business can pay its bills and staff, doesn’t necessarily mean the company is profitable or can withstand a disruptive event like COVID. Aryes CEO Edward Bullard explores how unlocking data and wielding the security of the text message can help entrepreneurs gain actionable guidance toward financial security.
Singapore software firm GUUD launched a new financing technology platform Thursday (July 8), designed to help close what it calls a $1.5 trillion global trade finance gap. The platform, RYTE, will simplify traditionally manual trade finance processes and connect business users to banks and alternative financiers. It will also give users greater access to funding options to meet their working capital needs, the company said in a news release.
To provide third-party legal invoice review for the legal departments of corporations, legal workflow and business automation, tech company Onit has teamed with Sterling Analytics, according to a Thursday (July 8) announcement. Onit’s Fortune 500 clients and prospects can shore up and supplement their invoice review through the collaboration with a consultancy that looks at over $2.5 billion in legal expenses each year.