As more technology emerges to sit between a company’s accounts payable (AP) platform and its vendor’s accounts receivable (AR) portal, service providers are looking to ease friction in a multitude of ways, from accelerating payments and cash flows to easing contract negotiations. As a whole,...
Innovations in accounts payable (AP) and accounts receivable (AR) have introduced new technologies to sit between buyers’ and suppliers’ systems for deeper integrations between business partners and their operations. Tools like virtual cards (v-cards) and vendor payment optimization solutions, can address friction on both ends...
As is so often the case with technological disruption, the digital evolution of supply chains remains slow and steady. That’s not to say, however, that the impact of that transition is subtle. At the onset of Industry 4.0, the way manufacturers, industrial suppliers and corporate...
Independent invoice financing company LSQ has launched a new supply chain finance platform called LSQ FastTrack, according to a press release. The offering is meant for companies of all sizes, and it allows buyers to not only optimize their working capital but also give suppliers...
February 03, 2020
As is so often the case with technological disruption, the digital evolution of supply chains remains slow and steady. That’s not to say, however, that the impact of that transition is subtle. At the onset of Industry 4.0, the way manufacturers, industrial suppliers and corporate buyers connect and conduct business is not what it used […]
January 10, 2020
Serving the needs of Americas millions of micro-merchants and mom-and-pop shops is one of those business plans that always sounds much easier in theory than it turns out to be...
October 21, 2019
Trade wars. Tariffs. Brexit. Beyond the headlines and stock market gyrations, beyond the speeches from politicians and academics, lies the very real impact of geopolitics on supply chains: Trade corridors...
September 12, 2019
How to avoid the friction that comes when buyers want to pay as late as possible, and suppliers want to get paid right now? Brandon Spear, president of MSTS, tells...
October 13, 2019
Chinese eCommerce platform Club Factory has raised $100 million in a Series D funding round as it plans expansion into India, sources reported on Friday (Oct. 11). The new funding was led by Qiming Venture Partners, Bertelsmann, IDG Capital “and other Fortune 500 companies from the U.S. and Asia,” the startup said. Club Factory has […]
December 05, 2018
Auction site eBay has announced the expansion of its authentication service to include luxury jewelry. Launched last year, eBay Authenticate is a service that allows buyers to shop online for...
November 07, 2018
Lender Investors Bancorp is reportedly ready to start reaching out to potential buyers as it considers a sale. According to The Wall Street Journal, Investors, which has about 150 branches in...
