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.

B2B Online Marketplace Grovara Debuts Pallet-Builder Tool for Orders
B2B Online Marketplace Grovara Debuts Pallet-Builder Tool for Orders
January 17, 2022  |  Cross Border Commerce

B2B marketplace Grovara debuted the first digital Pallet-Builder for food and beverage exporting on Monday (Jan. 17), with a press release saying that the platform...

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7bridges Raises $17M Series A to Transform Supply Chains With AI
7bridges Raises $17M Series A to Transform Supply Chains With AI
January 17, 2022  |  Investments

The artificial intelligence (AI)-powered logistics platform 7bridges has raised $17 million to help transform supply chains, the U.K.-based company wrote on its blog Monday (Jan....

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Ciracom Cloud Debuts B2B Marketplace
Ciracom Cloud Debuts B2B Marketplace
January 17, 2022  |  B2B Payments

Managed security and cloud services firm Ciracom Cloud unveiled its B2B marketplace on Friday (Jan. 14), which offers a cloud-first approach to business and technical...

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Melio: 2021 Was the Year of Entrepreneurs
Melio: 2021 Was the Year of Entrepreneurs
January 17, 2022  |  Opinion

Last year brought us the “Great Resignation” as more and more people quit their jobs to work for themselves. As those entrepreneurs turn to digital...

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Software Acts as Digital Lawyer in Helping EU Firms Comply With GDPR
Software Acts as Digital Lawyer in Helping EU Firms Comply With GDPR
January 17, 2022  |  Regulation

Europe is an active market for legal tech, with the European B2B legal tech market expected to generate revenues of close to $6 billion by...

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Freight Booking Platform Freightos Acquires 7LFreight
Freight Booking Platform Freightos Acquires 7LFreight
January 17, 2022  |  Acquisitions

The global freight booking platform Freightos Group says it has acquired the rate management company 7LFreight. Get the Full Story Complete the form to unlock...

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Companies Look Beyond Hype, Show Preference for AP Solutions That Work
Companies Look Beyond Hype, Show Preference for AP Solutions That Work
January 17, 2022  |  B2B Payments

At a time when there’s both an expanding economy and a labor shortage, businesses are finding it difficult to handle the volume of transactions, alongside...

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73% of Procurement Professionals Say Late Payments Strain Business Relationships
73% of Procurement Professionals Say Late Payments Strain Business Relationships
January 14, 2022  |  B2B Payments

Firms that have yet to digitize their accounts payable (AP) and accounts receivable (AR) processes are likely to be at more of a competitive disadvantage...

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Payments Company Payroc Acquires East Commerce
Payments Company Payroc Acquires East Commerce
January 14, 2022  |  Acquisitions

Global payments company Payroc has acquired East Commerce Solutions, a merchant service handling $2 billion dollars in annual processing volume, according to a Friday (Jan....

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