B2B Payments

B2B Payments
B2B Food Marketplace SupplyMe Opens eCommerce Site in UAE
September 19, 2021

Online B2B marketplace SupplyMe, which connects local food suppliers with food service businesses, is rolling out in the United Arab Emirates, Tradearabia.com reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
B2B Payments Today: Duplicate Invoices Cause AP Pain; Citizens Debuts Corporate Payments Platform
September 17, 2021

Today in B2B payments, the 33-day wait for cross-border payments and why AP professionals dread duplicate invoices. Plus, Conexiom Platform automates supply chain and AP duties, how AR automation speeds payment processing and Citizens Bank rolls out corporate payments offering. Get the Full Story Complete...

B2B Payments
87% of Firms Say AR Automation Speeds Processing, PYMNTS Data Show
September 17, 2021

Although much progress has been made, the fact remains that many businesses still rely on manual accounts receivable (AR) processes. But new data that reflect a growing list of benefits companies say they experience from automating AR show far-reaching positive impacts on firms’ collections processes. Get the Full Story Complete the...

B2B Payments
Average US Firm Waits 33 Days to Receive Cross-Border Payments, Data Show 
September 16, 2021

While one-touch digital payments and other rapid solutions have become table stakes on the consumer side of commerce, businesses continue to be weighed down by outdated manual, paper-laden payment processes. It’s a pinch-point scenario that is especially true in international trade circles, where check use...

B2B Payments
B2B Payments Today: Chewy Launches eCommerce Platform for Vets; Partnership Helps Contractors Afford Construction Materials
September 16, 2021

Today in B2B payments, Airbase gives businesses real-time information on spending habits, Sonoco and Coupa team on payments and Tazapay debuts a global B2B Escrow-as-a-Service offering. Plus, Biild and Procore team up to help construction contractors afford their materials, and Chewy debuts a vets-only eCommerce...

B2B Payments
Citizens Bank Launches Corporate Payment Solution
September 16, 2021

Citizens Bank has launched an integrated payments solution designed to make payments processing faster, simpler and safer for its corporate clients. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

B2B Payments
25% of AP Professionals Cite Duplicate Invoices as Major Pain Point, Waste of Time
September 16, 2021

Ask any accounts payable (AP) team about the shortcomings of their legacy invoice processing methods and you’re apt to hear some variation of the theme that they’re not always well-suited for coping with the modern expectations of pace and volume. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
The Conexiom Platform Automates More Supply Chain, AP Business Tasks
September 16, 2021

Trade document automation company Conexiom on Thursday (Sept. 16) debuted The Conexiom Platform cloud-based automation tool, moving the company into supply chain and accounts payable automation after establishing itself in the sales automation space. Get the Full Story Complete the form to unlock this article...

B2B Payments
Sonoco Taps Coupa to Advance Payments
September 16, 2021

Packaging solutions company Sonoco is partnering with business spend management (BSM) firm Coupa Software to extend Coupa Pay and virtual cards across Sonoco. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...