B2B Payments

The highly complex payments processes and networks that power $120 trillion in payments flows that move between businesses globally each year. The B2B Payments ecosystem is undergoing a massive digital transformation as corporates move away from paper-based processes and payments methods to digital workflows that more efficiently move money and data between trading partners. These efficiencies give corporates more visibility into their cash position across their supply chain and innovations in accounts payments and receivables are helping buyers and suppliers to align on payments terms and trade credit.
G-P and Wise Partner to Enable Faster Cross-Border Payments to Freelancers
G-P and Wise Partner to Enable Faster Cross-Border Payments to Freelancers
February 22, 2023  |  Cross-border Payments

G-P and Wise have partnered to enable faster cross-border payments to freelancers and contractors. The firms said in a Wednesday (Feb. 22) press release that...

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What 500 CFOs Now Say Is Their 2023 Top Payments Priority
What 500 CFOs Now Say Is Their 2023 Top Payments Priority
February 22, 2023  |  Digital Payments

Businesses have dealt with unprecedented change in recent years and are preparing for what comes next. With the near-term economic outlook uncertain, many are reconsidering...

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Brightflag Helps Legal Teams Tackle PDF Invoices With Automation
Brightflag Helps Legal Teams Tackle PDF Invoices With Automation
February 21, 2023  |  B2B Payments

A significant portion of the invoices received by legal teams are still delivered in PDF format. To help these teams reduce the time lost to...

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SubBase Debuts Invoicing Tool as Construction Firms Invest in Tech
SubBase Debuts Invoicing Tool as Construction Firms Invest in Tech
February 21, 2023  |  B2B Payments

Supply chain software firm SubBase has introduced an invoice reconciliation tool for construction firms. “For many trade contractors, reconciling invoices from multiple vendors can be...

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Spend Management Firm SpendHQ Unveils ESG Procurement Help Tools
Spend Management Firm SpendHQ Unveils ESG Procurement Help Tools
February 21, 2023  |  B2B Payments

SpendHQ says it wants to help companies meet their procurement goals and meet ESG standards. To that end, the spend intelligence and procurement performance management firm...

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Home Depot CEO Says Contractor Spend Remains Strongest Business Line
Home Depot CEO Says Contractor Spend Remains Strongest Business Line
February 21, 2023  |  Earnings

For the first time since 2019 The Home Depot missed Wall Street’s revenue expectations. This, as the home improvement retailer provided a muted outlook to...

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Bokadirekt and Trustly Partner on Instant Payouts for Beauty Salons
Bokadirekt and Trustly Partner on Instant Payouts for Beauty Salons
February 21, 2023  |  Disbursements

Bokadirekt and Trustly have partnered to enable instant payouts for beauty salons in Sweden. The collaboration adds Trustly’s payment infrastructure to Bokadirekt’s booking platform for...

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SendFriend CEO Says It’s Time To Get Serious About Compliance 
SendFriend CEO Says It’s Time To Get Serious About Compliance 
February 21, 2023  |  B2B Payments

Today’s challenging climate has businesses prioritizing investments in systems deemed crucial for the long haul. This, as research in PYMNTS’ 2023 “B2B Payments Fraud Tracker”...

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Spend Management 2.0 Is Connected and Contextual
Spend Management 2.0 Is Connected and Contextual
February 21, 2023  |  B2B Payments

Holistic visibility over a business is what best positions organizational leaders to grow that business. After all, executives must first see costs to cut them,...

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