Today in B2B payments, Transcard eyes expanding the ERP’s value for CFOs and BlueTape launches a construction B2B payments service. Plus, CapitalNow Cannabis talks B2B payments trust in marijuana, REPAY enhances its Acumatica integration and Moody’s launches a small business ESG score.
Despite its legal status, Canada’s marijuana industry still struggles to access traditional finance and weather B2B payment delays. CapitalNow Cannabis President Joshua Reynolds and Chief Operating Officer Natalie Wawzonek discuss the opportunity for invoice financing to smooth cash flow and promote a culture of trust between buyers and suppliers.
Repay Holdings Corporation (REPAY), which offers technology for inbound and outbound payments, has integrated its vendor payments automation offering into Acumatica’s enterprise resource planning (ERP) software, according to a Tuesday (July 13) press release. “With the expansion of accounts payable solutions to our existing integration with Acumatica, we continue our commitment to making transactions simpler for our customers, all while reducing costs and increasing revenue,” Darin Horrocks, SVP, B2B, REPAY, said in the release.
Moody’s has launched what it calls a “first-of-its-kind” tool for generating environmental, social and governance (ESG) scores for public and private small to medium-sized businesses (SMBs). Per a Tuesday (July 13) press release, the financial services company said that financial institutions (FIs) can complete portfolio and risk management by using critical quantitative data while helping companies track ESG risk across global supply chains.