Today in B2B Payments: StructShare Talks Materials Procurement; Rho Debuts Corporate Card

Today in B2B payments, StructShare discusses construction materials procurement, and Rho Technologies debuts its corporate card offering. Plus, Gappify discusses the progress of corporate accounting automation, Bottomline integrates with Billtrust and Stampli raises funds for its accounts payable solution.

Navigating the Budgetary Pressures of Materials Procurement

Filling the Accounting Gaps That Automation Left Behind

Advances in automation technology have transformed the role of the corporate accountant, but plenty of opportunities for slow or erroneous data remain. Gappify CEO Jotham Ty explains what accountants need to remain empowered and compliant.

Rho Technologies Unveils Corporate Card

Bottomline Connects B2B Buyers to Billtrust Card Acceptance

Bottomline Technologies, which offers solutions such as accounts payable (AP) automation, will link Paymode-X payers to new card acceptance endpoints through Billtrust’s Business Payments Network (BPN), according to a Wednesday (May 12) announcement. Billtrust offers accounts receivable (AR) automation. Its BPN “makes accepting electronic payments easy,” according to the firm’s website.

AP Automation Firm Stampli Lands $50 Million Investment

Accounts payable (AP) automation company Stampli landed $50 million in Series C funding. The arrangement, which was headed up by Insight Partners, brings the startup’s total funding to more than $87 million, according to a Wednesday (May 12) announcement. “In 2021, building a digital-first, modern finance organization is the top priority for CFOs [chief financial officers] and controllers,” said the statement.

Read More On B2B Payments:

Lightspeed CEO on Helping Smaller Merchants Challenge Industry Goliaths

Eisen and Checkbook Partner to Streamline Disbursements by Financial Institutions

HSBC Bank USA Launches Interest-Bearing Checking Account for Businesses

How Compliance Is Shaping the Future of Cross-Border Payments