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

Procure-to-Pay Startup PayMate Eyes Funding to Shore Up Reserves

Procure-to-Pay Startup PayMate Eyes Funding to Shore Up Reserves
Procure-to-Pay Startup PayMate Eyes Funding to Shore Up Reserves
September 19, 2021  |  B2B Payments

Indian procure-to-pay startup PayMate is seeking to raise $4 million, including a lead investment of $2 million from U.S.-based Felicitas Equity Fund, as well as...

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China’s X-Border, Risk Service Provider XTransfer Nets $138M for Product Upgrades
China’s X-Border, Risk Service Provider XTransfer Nets $138M for Product Upgrades
September 19, 2021  |  B2B Payments

XTransfer, a Chinese cross-border financial and risk management service provider, has come away from a Series D funding round with $138 million, according to a...

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AP Automation Software Maker AvidXchange Plans Nasdaq IPO
AP Automation Software Maker AvidXchange Plans Nasdaq IPO
September 19, 2021  |  IPO

AvidXchange, which describes its business as “transforming how [middle-market businesses] receive, manage and pay their bills,” filed Friday (Sept. 17) to go public on the...

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B2B Food Marketplace SupplyMe Opens eCommerce Site in UAE
B2B Food Marketplace SupplyMe Opens eCommerce Site in UAE
September 19, 2021  |  B2B Payments

Online B2B marketplace SupplyMe, which connects local food suppliers with food service businesses, is rolling out in the United Arab Emirates, Tradearabia.com reported. Get the...

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Easing Supply Chain Woes With Strong Vendor Relationships
Easing Supply Chain Woes With Strong Vendor Relationships
September 17, 2021  |  Retail

For direct-to-consumer (D2C) food businesses, any point of friction that inhibits the shopping journey could mean the difference between making and losing the sale. Consequently,...

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B2B Payments Today: Duplicate Invoices Cause AP Pain; Citizens Debuts Corporate Payments Platform
B2B Payments Today: Duplicate Invoices Cause AP Pain; Citizens Debuts Corporate Payments Platform
September 17, 2021  |  B2B Payments

Today in B2B payments, the 33-day wait for cross-border payments and why AP professionals dread duplicate invoices. Plus, Conexiom Platform automates supply chain and AP...

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87% of Firms Say AR Automation Speeds Processing, PYMNTS Data Show
87% of Firms Say AR Automation Speeds Processing, PYMNTS Data Show
September 17, 2021  |  B2B Payments

Although much progress has been made, the fact remains that many businesses still rely on manual accounts receivable (AR) processes. But new data that reflect a growing list of...

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Stord Hits $1.1B Valuation After Series D Funding
Stord Hits $1.1B Valuation After Series D Funding
September 17, 2021  |  Investments

Stord is now valued at $1.1 billion after the successful raise of $90 million in Series D funding. This new round of seed financing is...

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Liquidation.com AR Transparency Is Key to Curbing Cash Flow Issues
Liquidation.com AR Transparency Is Key to Curbing Cash Flow Issues
September 17, 2021  |  Accounts Receivable

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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