B2B

Business-to-business is a situation where one business makes a commercial transaction with another. This typically occurs when: A business is sourcing materials for their production process for output .Example- Providing raw material to the other company that will produce output.

Source: en.wikipedia.org

Australia SMB Ombudsman Calls For Late Payments Legislation

Australia SMB Ombudsman Calls For Late Payments Legislation
Australia SMB Ombudsman Calls For Late Payments Legislation
April 20, 2020  |  B2B Payments

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...

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Mastercard, vCita Pair To Help SMBs Migrate Online
Mastercard, vCita Pair To Help SMBs Migrate Online
April 20, 2020  |  B2B Payments

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...

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Vancity Launches Loan To Help Small Firms Pivot Business Models
Vancity Launches Loan To Help Small Firms Pivot Business Models
April 20, 2020  |  B2B Payments

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...

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Lawsuits Allege Banks Played Favorites With PPP Loans
Lawsuits Allege Banks Played Favorites With PPP Loans
April 20, 2020  |  Legal

Separate class-action lawsuits were filed against Wells Fargo, Frost Bank, JPMorgan Chase, US Bancorp and Bank of America, alleging that the financial institutions (FIs) unlawfully...

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Supplier Payment Terms Swing Wildly, From 5 To 180 Days
Supplier Payment Terms Swing Wildly, From 5 To 180 Days
April 20, 2020  |  B2B Payments

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...

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The B2B Contract Finds Its Strategic Role In Procure-To-Pay
The B2B Contract Finds Its Strategic Role In Procure-To-Pay
April 20, 2020  |  B2B Payments

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...

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For Retail Supplier Relationships, Less Is Sometimes More
For Retail Supplier Relationships, Less Is Sometimes More
April 20, 2020  |  B2B Payments

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...

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Lawmakers Call For Marijuana SMB Inclusion In Next Stimulus Package
Lawmakers Call For Marijuana SMB Inclusion In Next Stimulus Package
April 19, 2020  |  B2B Payments

Members of Congress from both sides of the political fence are pushing for the marijuana industry to be included in the next round of government...

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Clothing Brands Want Steep Vendor Discounts To Keep Orders
Clothing Brands Want Steep Vendor Discounts To Keep Orders
April 19, 2020  |  B2B Payments

Big-name clothing brands are either canceling orders or demanding big discounts from manufacturers in Bangladesh, a South Asian country that is already deeply suffering because...

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