PYMNTS

APRIL 19, 2019

The big news in B2B FinTech investment this week came from Airbnb , which is bolstering its presence in the business travel market with new funding, while corporate card startup Brex also secured a prominent debt capital investment. The company said it plans to use the investment to further build out its lending operations. Negotiatus.

B2B 69

B2B accounts payable Spend Management Hospitality 69

PYMNTS

JANUARY 9, 2020

Following anxieties that robots would replace their jobs, small business (SMB) accountants are now on a path to potentially become more strategic partners with their SMB clients. “In many ways, the biggest pain point for accountants and small businesses is assembling the books in the first place,” he said.

Account 69

Account accountant accounted small business accounting 69

PYMNTS

JULY 22, 2020

While other departments may have abandoned manual, paper-based strategies years ago, accounts payable (AP) and finance departments held their ground on practices that seem to have changed little since the 1970s. For years, there has been a quiet shift in the B2B payments space. where they account for 75 percent of all invoices.

Accounts Payable Automation 60

Accounts Payable Automation accounts payable Technology Account 60

PYMNTS

MARCH 5, 2019

WorldFirst is looking to expand its B2B payments position through an acquisition of CurrencyVue, the company said on Monday (March 4). CurrencyVue offers a foreign exchange risk management platform that integrates with companies’ existing ERP and accounting systems. and the U.K.

B2B 43

B2B NetSuite quickbooks Technology 43

PYMNTS

OCTOBER 24, 2016

But late last week, Visa announced that it will be rolling out Visa B2B Connect, a platform for banks to make payments and settle funds across borders using Chain Core, the blockchain infrastructure developed by Chain. That means integrations with existing ERP and accounting systems, offering white-label options and so on.

B2B 77

B2B Technology accounting system Start-ups 77

PYMNTS

AUGUST 17, 2020

In a push to bring in more small business accounts, TD Bank is launching a new online payment and accounting feature on its online platform for small businesses. The new TD Online Accounting features technology developed by Detroit-based Autobooks. 17) press release.

online accounting 70

online accounting Account accountant accounted 70

PYMNTS

JUNE 9, 2017

Not so on the B2B side of payments, where payments between trading partners remain dominated by the 20th-century’s favorite payment method — where, staggeringly, 50 percent of all payments between business are made by check. Building a B2B Payments Hub. But not for long, Crum and Praeger added. Unlocking Value.

B2B 48

B2B Technology accounts payable accounting system 48

CPA Practice

JUNE 7, 2023

ForwardAI , a fintech providing aggregated direct data access to accounting and ERP platforms, has launched Forwardly , the first of its kind real-time payment (RTP) enabled cash flow management tool for small and medium sized businesses in North America. Save Money – Save 60-80% compared to credit card processing fees.

accounting and finance 52

accounting and finance accounting system quickbooks B2B 52

PYMNTS

APRIL 16, 2018

trillion worth of sales is expected to pass through B2B eCommerce systems by 2021, according to Forrester research published last June. Analysts are forecasting a rise in B2B buyers seeking products online, with the customer experience the driving factor of growth and success for B2B eCommerce players. B2B is hard.”.

B2C 43

B2C B2B Manufacturing Education 43

PYMNTS

APRIL 23, 2020

Unfortunately, independent contractors have also frequently been left out of the picture for traditional banks and even newer FinTechs despite the recent influx of small business cloud accounting apps and other B2B FinTech platforms. Accounts payable is the money you owe your suppliers. Easing The User Experience.

accounts payable 56

accounts payable Account accountant accounted 56

PYMNTS

DECEMBER 20, 2016

fintech company MB Transfers, which enables cross-border B2B payments, is going by a new name: ArcaPay. The company uses the interbanking system to facilitate cross-border B2B payments for its clients. But for those companies that are ready to take that leap and change out legacy systems, their reasons for doing so differ.

B2B 51

B2B Technology accounting and finance accounting system 51

PYMNTS

AUGUST 15, 2018

B2B payments continues to enjoy its moment in the innovation spotlight, but the industry still has a long way to go if it’s going to beat the race against paper and manual processes. However, accounts payable (AP) service providers have more on their plate than simply making it easier for companies to pay their invoices digitally.

B2B 40

B2B accounts payable B2C Technology 40

PYMNTS

JANUARY 31, 2021

Business payments firm FLEETCOR Technologies has acquired accounts payable (AP) platform provider Roger , Fleetcor announced in a press release. The release stated, in part: “The acquisition provides FLEETCOR with a proven, modern automation platform for B2B online bill payment. Terms of the transaction were not disclosed.

accounts payable 85

accounts payable Bill Payment Platform Technology quickbooks 85

PYMNTS

APRIL 1, 2016

Corporations have been chastised in recent years as floods of new data reveal the ongoing prevalence of paper checks in B2B payments. The B2B payments space, on the other hand, not so much. The B2B space has, historically, had challenges.”. “And, B2C To B2B. Bank’s head of receivables solutions for treasury management.

B2B 41

B2B B2C accounts payable Education 41

PYMNTS

AUGUST 14, 2018

What will it take for the payment method to find its way into mainstream B2B payments use cases, particularly for middle market companies that are heavy users of ACH today for paying suppliers? This led to the question: Who has the incentive to drive more B2Bs to Same Day ACH? today), but not necessarily to pay their suppliers.

B2B 40

B2B Real Estate accounts payable Technology 40

PYMNTS

JUNE 25, 2020

For their part, policyholders aren’t thrilled with the speed of insurance disbursements at a time when having funds in their accounts can mean the difference between shuttering or staying in business. Now, take a wild guess as to a chief culprit behind pandemic-era insurance payment delays. billion profit.

B2B 100

B2B Technology accounting system Start-ups 100

PYMNTS

JANUARY 12, 2017

That is, professional sports organizations can act as corporate role models to other organizations, at least when it comes to their B2B payments practices, said Max Eliscu, CEO of B2B payments and invoicing firm Viewpost. But professional sports organizations can act similarly. Every business has those issues.

Sports 44

Sports B2B Entertainment accounting and finance 44

PYMNTS

JULY 31, 2020

The pandemic and subsequent economic downturn have driven B2B payment pains to a new level. Around The B2B Payments Space. American Express recently launched its own digital AP solution that is designed to work with businesses’ existing accounting systems. Download the Report to get the full story. About The Report.

AP Processes 60

AP Processes AP Automation B2B accounts payable 60

PYMNTS

JUNE 24, 2020

To help project managers and administrators save time, Centsoft has unveiled an accounts payable (AP) automation technology for firms in the construction industry. Its technology automatically brings in vendor accounts, the vendor register and currencies. This combination increases data accuracy and shortens payment cycles.”.

AP Automation 75

AP Automation Construction Technology NetSuite 75

PYMNTS

DECEMBER 30, 2020

The shift toward contextual banking has a tailwind in place as the financial institutions (FIs) that have been market leaders have been seeing strong deposit growth — and as corporate customers are growing those balances, they want to be able to see their account activity and cash balances visible within the same application on demand.

accounts payable 97

accounts payable accounting system B2B Account 97

PYMNTS

DECEMBER 9, 2020

Some firms have better adjusted to new digital tendencies than others, especially when it comes to keeping track of B2B payments and spend management. so having a system or tool that makes it very simple to. Bringing Virtual Cards To A Virtual B2B World. data entry into our general ledger accounting system,” he explained.

Spend Management 62

Spend Management general ledger Expense Management B2B 62

PYMNTS

MAY 2, 2018

In the May B2B API Tracker , PYMNTS examines the latest B2B API news from around the world, including a look at newly debuted, API-powered financial services solutions – and how some are working to make these innovations work in better harmony with legacy tech. Around the B2B API World . New regulations in the E.U.,

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B2B Technology accounting system Account 64

PYMNTS

JULY 31, 2019

Developed in 2016, the acompay platform integrates with enterprise resource planning or accounting systems and supports check, automated clearing house (ACH), and card payments.

Accounts Payable Automation 76

Accounts Payable Automation AP Automation accounts payable accounting and finance 76

PYMNTS

DECEMBER 17, 2018

The company said its Kodak Services for Business will include invoice automation as the company pushes for further accounts payable (AP) automation capability. The solution does not automatically code invoices, though once coded and approved, invoice data is automatically integrated into accounting systems for seamless supplier payments.

accounts payable 49

accounts payable Technology AP Automation Account 49

PYMNTS

APRIL 2, 2020

In the B2B world, however, small businesses offering payment choice is less about a positive customer experience and more the result of how a customer demands a certain payment experience. It’s what they’ve always done, and it works with their accounting system.”. Time is of the essence for B2B small businesses,” said Gray. “To

B2B 64

B2B B2C Education accounting and finance 64

PYMNTS

MAY 27, 2016

Like an aftereffect of a sci-fi film, the rise in automation within corporate financial teams has led to fears and anxiety: Will humans no longer be needed in the accounting department? Automation and accounting software may be to blame, the publication said. That’s what accounting, consulting and advisory firm BDO is doing.

Account 41

Account accountant accounted Technology 41

PYMNTS

NOVEMBER 3, 2016

With data analytics now a paramount process of cash flow management, developers are tasked with making their most innovative B2B payments and finance technologies seamlessly integrate with ERP and accounting platforms. The issue, said U.S.

accounts payable 73

accounts payable B2B accounting and finance accounting system 73

PYMNTS

JANUARY 22, 2020

As healthcare providers and insurers duke it out over contract rates and reimbursement policies, friction in their B2B payments systems adds cost and, more importantly, loses valuable time. Much of that tracks back to friction in legacy accounting systems at the hospital level. A Clean Digital Bill of Health.

Healthcare 52

Healthcare Hospitality B2B accounting system 52

PYMNTS

FEBRUARY 4, 2020

Once reserved for only the largest and most sophisticated firms, automated enterprise resource planning (ERP) and accounting platforms are now accessible for even the smallest of businesses, and data from those systems is the new currency of operational efficiency. According to Dean M. Data’s Favorite Payment Rails.

Technology 61

Technology B2B accounting system Account 61

PYMNTS

NOVEMBER 14, 2018

Kodak Services for Business is introducing a new accounts payable solution, the result of a collaboration with business process automation software firm CoreIntegrator. Once approved, A/P One creates a batch file that is sent to accounting systems to trigger vendor payment. The companies announced on Tuesday (Nov.

accounts payable 43

accounts payable Accounts Payable Automation AP Automation Account 43

PYMNTS

AUGUST 17, 2018

Thomson Reuters is stepping into the world of mobile small business accounting with the launch of a new app, OnBalance Express. The tool allows users to log expenses through the use of optical character recognition (OCR) technology to automate entry of receipt data into businesses’ accounting systems.

Account 40

Account accountant accounted Expense Management 40

PYMNTS

JULY 1, 2019

The financial services landscape is moving to upgrade existing payment infrastructures or create new systems to deliver faster and more secure payments. In the business-to-business (B2B) space, efforts to truly transform payments are fraught with challenges. Data: $79 billion: Estimated value of India’s remittances market in 2018.

B2B 46

B2B accounting system Retail Account 46

SchoolofBookkeeping

FEBRUARY 2, 2024

Advanced Inventory Tracking inventory Using QuickBooks Online For years the outcry from the accounting community has been “QBO doesn’t track inventory” and when QBO was first unveiled (circa 2000), that was 100% accurate. Cost is accounted for on First In/First Out )FIFO) basis.

quickbooks 52

quickbooks E-commerce Manufacturing Approval Workflows 52

PYMNTS

OCTOBER 27, 2016

Bank’s latest offering for corporate treasurers aims to simplify the shift from manual to virtual B2B payments. 26) its latest tool, APConnector, as a way to automate and digitize accounts payable, while integrating that process into existing ERP systems. The company focuses on accounts payable automation software.

accounts payable 62

accounts payable Accounts Payable Automation AP Processes B2B 62

PYMNTS

DECEMBER 12, 2019

Brex deals in business-to-business (B2B) payments with corporate cards tailored to specific industries. The product automates expense management and integrates with accounting systems. The company rolled out its first corporate card and rewards program last year that was specifically designed for startups.

Expense Management 52

Expense Management accounting and finance B2B Finance 52

Accounting Insight

SEPTEMBER 4, 2023

The scale and scope of digital transformation projects vary widely among accounting practices, particularly smaller to medium-sized firms. Second, the tax and accounting regulatory landscape is moving quickly, and SMEs know that they need to keep pace when it comes to meeting compliance guidelines.

Technology 52

Technology Tax Start-ups B2B 52

PYMNTS

JUNE 21, 2016

After all, it does take time and money to bring accounting systems up to speed and to enable platforms to deal with processing fees tied to transactions. But by the end of 2018, Sage stated, only 10 percent of B2B payments will in fact be made by check. billion of that amount could be made through corporate cards.

B2B 50

B2B accounting system Account accountant 50