Post-financial crisis, an influx of alternative lending players emerged to accelerate business finance digitization and expand choices for borrowers. In many ways, it was great news for small businesses, whose owners sought ways to obtain a loan in the same digital-native ways they sought financing...
While the U.S. continues to struggle with paper invoices in accounts receivable (AR) and paper checks in accounts payable (AP), its neighbor to the south has emerged as the world leader in eInvoicing adoption. Get the Full Story Complete the form to unlock this article...
Finnish software firm Basware has announced an upgrade of its accounts payable (AP) automation solution to allow increased functionality for invoicing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Australian Small Business & Family Enterprise Ombudsman Kate Carnell is calling for federal legislation mandating that small- to medium-sized businesses (SMBs) be paid in 30 days, according to a LinkedIn post she wrote. Get the Full Story Complete the form to unlock this article and...
To help small businesses run in a more digital-first environment, customer relationship management (CRM) company vCita has teamed with Mastercard in Europe to the roll out the Business Unusual platform, according to an announcement. Get the Full Story Complete the form to unlock this article...
To support small businesses that needed to change course because of the coronavirus, Vancity has rolled out its Unity Pivot Business Loan. Businesses changing direction to support the battle against the pandemic can tap into loans of up to $150,000, which will be interest free for...
The impact of the coronavirus pandemic on B2B supplier payment habits has created two extremes. 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,...
Within complex supply chains, a single company is typically both a buyer and a supplier, part of a broader web of strategic B2B relationships. With any new or changing relationship, contracts have to be written up and re-negotiated, a tedious process that can be costly,...
Maintaining existing supplier relationships has become a crucial component of surviving and thriving during the current market disruption for many corporate buyers. It’s a challenge for many firms, however — particularly those whose source-to-pay processes remain manual and paper-based, as remote working requirements force a sudden...
