Late payments are often considered a cash flow killer for small- to medium-sized business (SMB) suppliers. Amid the coronavirus crisis, more large corporates are looking to extend working capital by implementing longer payment terms to their vendors, and sometimes withholding pay past invoice due dates....
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The U.K. is considering making corporate directors responsible for the accuracy of their companies’ financial statements, with an official proposal to that effect possible as soon as this coming week, the Financial Times (FT) reported. Get the Full Story Complete the form to unlock this...
Supply chain management firm E2open went public effective Friday (Feb. 5) through a merger with a special purpose acquisition company (SPAC), according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
President Joe Biden’s Jan. 25 push to have federal agencies buy more from U.S. manufacturers is likely to clash with the government’s recent selection of Amazon for small-scale purchases by federal employees because Amazon increasingly is turning to overseas manufacturers, a Fortune magazine opinion piece argued....
Payments heavyweight Mastercard and longtime expense management player SAP Concur are jointly offering an expense and payments management package to companies operating in the Asia-Pacific (APAC) region, the two firms announced in a press release. Get the Full Story Complete the form to unlock this...
Though a diligent financial strategy is essential for companies across verticals during times of economic volatility, certain industries have been more exposed to the market fluctuations resulting from the coronavirus crisis. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
2021 continues to be a busy year for B2B FinTechs and their investors, with this week securing nearly $300 million in combined funding for the sector. Newly-funded B2B startups include marketplaces offering a range of services, from funding to talent, as well as technology firms...
Qatar Islamic Bank recently launched a new online payment management offering aimed at large corporate clients, touting what the bank says will be automated services that promise more “ease, speed and safety.” Get the Full Story Complete the form to unlock this article and enjoy...
