Throughout 2024, the adoption of virtual cards signaled a shift in how businesses approach B2B payments. Historically relegated to the sidelines due to limited supplier acceptance, virtual cards are now increasingly moving to the forefront of payment innovation, in large part by addressing the critical...
As the dust settles on a transformative year in B2B, 2024’s advancements hint at a future where B2B payments become more seamless, intelligent and integrated. Digital innovation rewrote the rules of enterprise-level commerce this year, as businesses embraced technology to streamline workflows, enhance security and...
Many businesses rely on manual accounts payable and accounts receivable processes, which lead to slow, error-prone accounting that increases fraud risk. This can result in cash flow consequences, impacting both sides of the ledger. The PYMNTS Intelligence report “Why Automating Both AR and AP Is...
There are two sides to any commercial transaction. Within B2B, buyers and suppliers find one another and agree on terms, funds flow, and accounts payable and receivable departments interact. On that last point, where back-end offices trade payments and invoices, the traditional way of doing...
December 24, 2024
Many businesses rely on manual accounts payable and accounts receivable processes, which lead to slow, error-prone accounting that increases fraud risk. This can result in cash flow consequences, impacting both sides of the ledger. The PYMNTS Intelligence report “Why Automating Both AR and AP Is Vital to Fiscal Fitness” found that as companies seek to […]
December 19, 2024
There are two sides to any commercial transaction. Within B2B, buyers and suppliers find one another and agree on terms, funds flow, and accounts payable and receivable departments interact. On...
November 26, 2024
Embracing an automated approach to accounts receivable (AR) can pay off in spades for chief financial officers (CFOs) and treasurers. “Manual AR processes can take a lot of time,” R.J....
November 21, 2024
True digital transformation in B2B payments requires more than just new technology. It demands an understanding of both sides of the transaction and the ability to simplify complexity without creating...
December 10, 2024
BILL is adding a 1099 form filing solution to its financial operations platform for small- to medium-sized businesses (SMBs). The new 1099 Filing lets SMBs and their accountants prepare and file their 1099 forms using the same platform they use to pay and manage their vendors throughout the year, BILL said in a Tuesday (Dec. […]
November 01, 2024
Melio raised $150 million in a Series E funding round to fuel the growth of its accounts payable (AP) and accounts receivable (AR) platform by expanding its B2B partnerships. The...
October 29, 2024
Payments solutions provider Helcim debuted a tool to help businesses automate their payment collections. Recurring Payments allows businesses to create tailored billing schedules for clients, collecting payments automatically as they’re...
July 11, 2024
Billtrust extended its collaboration with Visa, meaning Visa will continue to offer its financial institution clients access to Billtrust’s Business Payments Network (BPN). The two companies teamed up to launch...
