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.

SumUp Seeks Fresh Capital at $22B Valuation

SumUp Seeks Fresh Capital at $22B Valuation
SumUp Seeks Fresh Capital at $22B Valuation
January 26, 2022  |  Investments

London-based global payments service provider SumUp could launch a fundraising round that would value the company at about 20 billion euros (about $22 billion), Bloomberg...

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25% of CFOs Update Forecasts on a Weekly Basis
25% of CFOs Update Forecasts on a Weekly Basis
January 26, 2022  |  B2B Payments

Chief financial officers (CFOs) and corporate treasurers view cash management as a pressing challenge, but only a fraction of them are using technology to improve...

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Workers’ Comp Insurance Carriers Move to Payroll Billing
Workers’ Comp Insurance Carriers Move to Payroll Billing
January 26, 2022  |  B2B Payments

The traditional billing model for workers’ compensation insurance was shown to be flawed during the pandemic. Get the Full Story Complete the form to unlock...

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FinTech WEX, Bestpass Launch Toll Management Tool
FinTech WEX, Bestpass Launch Toll Management Tool
January 26, 2022  |  Partnerships

FinTech service provider WEX has teamed up with Bestpass, which provides toll management solutions for commercial fleets, to launch a new product, according to a...

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The One Thing: Removing Pain Points Builds Trust, Helps Companies Scale
The One Thing: Removing Pain Points Builds Trust, Helps Companies Scale
January 26, 2022  |  B2B Payments

Franklin Delano Roosevelt said, “Confidence … thrives on honesty, on honor, on the sacredness of obligations, on faithful protection and on unselfish performance.” What was...

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Deductions Tech Helps Small CPG and Pharma Suppliers Manage Disputes with Enterprise Buyers
Deductions Tech Helps Small CPG and Pharma Suppliers Manage Disputes with Enterprise Buyers
January 26, 2022  |  Commerce Connected

Smaller consumer-packaged goods (CPG) suppliers often wrestle with reconciling receivables from payments received from their larger counterparts because they lack the resources — and budgets...

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SAAVI Revamps B2B Ordering App, Updates Features
SAAVI Revamps B2B Ordering App, Updates Features
January 25, 2022  |  B2B Payments

Mobile ordering automation company SAAVI has debuted a new version of its mobile app, the company announced Tuesday (Jan. 25), which should offer new ways...

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Companies Leverage Buying-Group Platforms to Gain Competitive Edge
Companies Leverage Buying-Group Platforms to Gain Competitive Edge
January 25, 2022  |  B2B Payments

When companies come together in a group to buy together, they can enjoy better rebates and buy products at a price closer to that paid...

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Only 48% of Construction Firms Use Automated Accounts Receivable Processes
Only 48% of Construction Firms Use Automated Accounts Receivable Processes
January 25, 2022  |  B2B Payments

A growing number of firms have moved to automated accounts receivable (AR) processes, but the adoption rate varies by industry sector. For example, only 48%...

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