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,...
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...
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,”...
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 For companies, delays due to out-of-date payments...
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...
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...
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...
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...
Nonrecurring payments to infrequent service provider and independent contractors are a fact of life for small- and medium-sized businesses (SMBs), but they also present a...