vendor payments

Happay Adds Invoice Processing Tool to Spend Management Platform
Happay Adds Invoice Processing Tool to Spend Management Platform
October 31, 2022  |  B2B Payments

Indian corporate spend management company Happay has launched an invoice processing tool and vendor payment module that enables direct B2B transfers through National Electronic Funds...

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41% of Buyers Saw Late Fees on Vendor Payments Last Year
41% of Buyers Saw Late Fees on Vendor Payments Last Year
September 27, 2022  |  B2B Payments

Payment frictions between buyers aren’t just inconvenient — they’re costly. Forty-one percent of buyers have had late fees on vendor payments in the last year,...

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Truck Dealers Turn to Payments Tech to Break Check Dependency
Truck Dealers Turn to Payments Tech to Break Check Dependency
June 15, 2022  |  Accounts Payable

When members of accounts payable (AP) teams at specialty dealers suddenly had to start working remotely during the pandemic lockdowns, they quickly saw that they...

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Partnerships Work Better Than Discounts to Boost On-Time B2B Payments
Partnerships Work Better Than Discounts to Boost On-Time B2B Payments
May 26, 2022  |  B2B Payments

Faced with mounting economic pressure, small-to-midsized businesses (SMBs) are showing more and more interest in getting paid more predictably, according to the “Money Mobility Tracker,”...

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Data Management Key to Streamlining B2B Payments
Data Management Key to Streamlining B2B Payments
May 25, 2022  |  B2B Payments

Vendor master data is a powerful resource that can optimize or degrade the outcomes of core business processes. For companies, delays due to out-of-date payments...

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JPMorgan Sees ‘Cash Flow Magic’ Inside Automated Payments
JPMorgan Sees ‘Cash Flow Magic’ Inside Automated Payments
May 13, 2022  |  Payment Methods

Business packed a decade of learning into two years, and for chief financial officers and treasurers, that knowledge can be distilled thusly: Automated payments are...

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How All-in-One Platforms Can Lower the Cost of SMB Payments
How All-in-One Platforms Can Lower the Cost of SMB Payments
April 13, 2022  |  SMBs

Through the past several decades, conceptually, B2B payments have been rather simple: Buyers received paper invoices, and suppliers got paper checks. Buyers want to hold...

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66% of Businesses Now Collect Credit Info on New Suppliers
66% of Businesses Now Collect Credit Info on New Suppliers
February 01, 2022  |  B2B Payments

In the B2B ecosystem, firms must complete complex onboarding processes to set customers up for new transactions and vet new suppliers or vendors. While this...

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67% of B2B Buyers Have Switched to Vendors With ‘More Consumer-Like’ Experiences
67% of B2B Buyers Have Switched to Vendors With ‘More Consumer-Like’ Experiences
November 29, 2021  |  B2B Payments

B2B buyers are bringing some of the habits they’ve picked up as consumers into their work life too, particularly when it comes to shopping and...

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