When it comes to business-to-business (B2B) payments, a payment is never just a payment. That’s because commercial payments are two-party systems, at a minimum, where...
Small businesses are having big problems in today’s economy. Business bankruptcy rates jumped 30% between September 2022 and September 2023, as macro factors like record high interest rates and...
Genpact and ServiceNow have expanded their partnership to deliver Source-to-Pay applications across finance and supply chain operations. This collaboration combines the capabilities of professional services firm Genpact and digital workflow...
Businesses are expecting a significant increase in both payments made and invoices delivered over the next three years. In fact, on average, firms — regardless...
FinTech platform Adyen has launched a partnership with small business-focused financial operations platform BILL. The collaboration, announced Thursday (Feb. 1), will see Adyen deliver “acquiring and issuing experiences” for...
How a business is paid has an upstream impact on the overall B2B relationship. That’s why firms can gain a competitive edge by offering cutting-edge...
Over a long enough horizon, challenges represent opportunities for innovation, improvement and growth. That’s the case even when those challenges stem from behaviors that appear...
Nearly 80% of mid-size firms — those generating between $3.5 million and $15 million in annual revenue — anticipate a surge in the volume of...
Ensuring vendor satisfaction is crucial for businesses as it directly impacts the overall success and efficiency of operations. Satisfied vendors are more likely to maintain...