Accounting Insight

JANUARY 8, 2024

To help this collaboration, businesses should take steps such as implementing AI and automation tools to detect any suspicious activities or anomalies within the Accounts Payable (AP) process. This level of convenience has long been available in B2C experiences with contactless payments and online shopping, but B2B has been slow to adapt.

accounts payable 105

accounts payable B2C Technology accounting and finance 105

PYMNTS

OCTOBER 31, 2016

Intuit has just announced a host of partnerships that integrates financial services from B2C payments giants into the QuickBooks small business accounting platform. Part of that evolution, Pai told PYMNTS, is that traditional trend of B2B payments following B2C’s path. Canada, U.K.

B2C 77

B2C B2B quickbooks Technology 77

Mark Lee

JUNE 13, 2023

One of the biggest changes to be heralded by the introduction of AI so far as accountants are concerned, links to one of my long-term messages for accountants. Whether we sell accounting, tax, legal or mentoring services, our clients make assumptions about who we are based on the available information.

Account 59

Account accountant accounted Legal 59

PYMNTS

OCTOBER 11, 2019

B2C businesses rely on attaining high volumes of low-value transactions and thus need tools to help them quickly onboard new customers and retain existing ones. They may not wish to acquire new payment instruments — such as credit cards or online payment service accounts — just to be able to pay for a subscription service, after all.

B2C 40

B2C B2B payroll Sales 40

PYMNTS

APRIL 16, 2018

The importance of the customer experience in B2B eCommerce comes as no surprise, considering the role it played in driving B2C commerce companies like Amazon to the top of the global enterprise ranks. It’s also no surprise, then, that B2C giants like Amazon are looking to strengthen their position in the B2B game, acknowledging that $1.2

B2C 43

B2C B2B Manufacturing Education 43

PYMNTS

OCTOBER 29, 2019

Developers are increasingly exploring how to address some of the biggest B2C payment friction points in the market, most notably the pain of renters making monthly payments to landlords, often via paper check or clunky, fee-heavy online payment portals. All types of real estate sectors have different accounting and financial needs.”

B2C 41

B2C Real Estate B2B Technology 41

PYMNTS

JULY 18, 2017

According to Viewpost CEO Max Eliscu, B2B payments often follows in the same footsteps as B2C. B2B payments company Viewpost just released a curious report: a survey on consumer payment habits and trends. Why would a corporate payments company want to dive into the world of consumers?

B2C 41

B2C B2B Technology Account 41

PYMNTS

DECEMBER 26, 2019

The last decade of B2B FinTech innovation not only led to an explosion of product options for businesses to manage a variety of processes, including accounts receivable (AR), accounts payable (AP) and accounting.

Account 53

Account accountant accounted B2B 53

PYMNTS

JULY 9, 2020

In commerce, whether across the B2C or B2B landscape, speed matters. As McTeague told PYMNTS, account creation is one of the most prevalent reasons for shopping cart abandonment. “We’ve We’ve seen our sellers delay the account creation until after purchase,” he said.

B2C 78

B2C B2B Account accountant 78

PYMNTS

SEPTEMBER 26, 2017

Corporates are being forced to rethink their approach to accounting as new technologies disrupt the way firms transact and manage financial data. But, tools like electronic payments and cloud accounting software are far from the only forces that alter the corporate accounting landscape. That changes accounting,” Ty explained.

Technology 40

Technology Account accountant accounted 40

PYMNTS

DECEMBER 7, 2020

And the surge in eCommerce isn't isolated to the B2C world, either: as social distancing requirements and shutdowns migrate corporate buyers online, wholesalers, distributors and other B2B vendors are likely to face a similar holiday boon this year to fulfill rising customer demand. An Alternative To Banks.

Finance 142

Finance B2C B2B accounting and finance 142

CPA Practice

JUNE 20, 2023

a leading provider of cloud-based tax compliance automation for businesses of all sizes, today announced the release of 51 newly certified integrations with accounting, ERP, ecommerce, point-of-sale, mobile commerce, and CRM software applications. NolaPro (by Noguska) is a dynamic accounting software solution for small businesses.

E-commerce 100

E-commerce Technology NetSuite B2C 100

CPA Practice

FEBRUARY 1, 2024

CPAs and accountants are uniquely positioned to help their clients out with a variety of advisory services. The new poll results underscore five ways that accountants and firms can partner with clients to better serve them in 2024. Offering these kinds of value-added services also help you stand out among other accountants and firms.

E-commerce 64

E-commerce quickbooks tax return payroll 64

PYMNTS

APRIL 28, 2020

Moving from paper to digital has evolved for business-to-consumer (B2C) payments in recent years, but upgrading business-to-business (B2B) payments has taken longer. There are more tools available than ever to help SMBs move their accounts payable (AP) and accounts receivable (AR) processes forward to become more efficient.

B2C 94

B2C AP Processes B2B accounts payable 94

PYMNTS

MARCH 12, 2020

The outmoded B2B payments landscape stands in stark contrast to the business-to-consumer (B2C) and peer-to-peer (P2P) spaces where instant money and real-time payments are becoming the norm. It works both ways as traditionally B2C sellers dip their toes into lucrative B2B waters. Keeping B2B Payments Honest.

B2B 63

B2B B2C Retail Account 63

PYMNTS

JANUARY 8, 2020

Yet, as Tony Horling, founder and CEO of InTu Mobility , recently told PYMNTS, mPOS technologies designed for business-to-consumer (B2C) payments won’t cut it for multibillion-dollar enterprises that need to accept B2B payments in the field. Benefits For Payers.

B2B 56

B2B B2C Technology Account 56

PYMNTS

SEPTEMBER 14, 2020

But B2B eCommerce is not the same beast as B2C. The core difference between B2B and B2C is that in B2B, the individual researching and buying has a job to do,” King said. It's a small but fundamental difference in mindset between B2C and B2B digital transformation.". It is their job. The payments experience is part of that.

B2B 107

B2B B2C Manufacturing accounts payable 107

PYMNTS

SEPTEMBER 29, 2020

The first company it's working with is Wirex, which provides a crypto-friendly currency account and enables cross-border payments via Visa card. With the expansion, Mastercard is exploring a mix of payment rails by supporting FinTechs that allow cryptocurrency payments via card.

B2B 129

B2B B2C accounts payable accounting and finance 129

PYMNTS

AUGUST 2, 2020

Using the company’s accounts receivable (AR) processing solution, clients can support complex pricing agreements and reduce errors and costs to clients. .” In addition, MSTS president Brandon Spear will continue in his leadership role and said in the release that he looks forward to working with Corsair Capital.

B2B 94

B2B B2C Hospitality Technology 94

PYMNTS

OCTOBER 23, 2019

Nearly half (49 percent) of B2C subscription companies like Netflix or Blue Apron believe there is room for improvement. The highest priority among B2C subscription companies (56 percent) is improving customer satisfaction through better experience and support. percent of those planning to keep their accounts. Nearly half (42.4

B2C 55

B2C B2B Start-ups Account 55

Withum

FEBRUARY 9, 2024

Previously, we’ve covered the detailed accounting and financial reporting issues that technology and emerging growth companies run into when going through financial and tax due diligence for an M&A transaction. Deal volume for software companies has shown an increase of approximately 20% compared to the second half of 2022 1.

Technology 59

Technology B2C B2B Legal 59

PYMNTS

DECEMBER 16, 2020

He added that the company is “thrilled to provide our customers with another way to fund their accounts and engage with our real money products through this first-of-its-kind offering.”. 13) that Monthly Unique Payers (“MUPs”) for its business-to-consumer (B2C) operation surged 64 percent in contrast to Q3 2019.

Gaming 92

Gaming Retail Sports B2C 92

PYMNTS

AUGUST 14, 2020

Disruption is hitting both the B2C and B2B arenas, and while it would seem they are two opposite ends of the spectrum, these ecosystems share commonalities in the kinds of trends that force sellers to modernize their market strategies. Treasury is very well-positioned to handle all of these activities,” added Sinha. trillion by 2021.

B2C 118

B2C B2B Sales Retail 118

PYMNTS

MARCH 2, 2020

Corporate payments innovation has cast a wide net to tackle the many pain points businesses experience today, with accounts payable (AP) one of the most popular targets for disruptors. Many of the emerging payment scenarios are business-to-consumer (B2C), Mason explained, and stretch into many verticals. From Gig Workers to Rebates.

B2C 60

B2C accounting and finance accounts payable Construction 60

PYMNTS

OCTOBER 9, 2019

Subscription-based offerings can be key to helping business-to-consumer (B2C) companies establish long-running relationships and lock down more predictable revenue streams. Credit card transactions may not go far in India, however, where less than 3 percent of bank account holders reportedly have such payment instruments.

B2C 56

B2C Account accountant accounted 56

PYMNTS

JUNE 6, 2018

based bank accounts and receive payments by the same means. That bank will manage funds to be disbursed before those funds are given over — “pushed,” in fact — to individual accounts through Faster Payments. The firms said that only a very small number of accounts in the U.K. less than 0.1 less than 0.1 The first U.K.-based

Account 55

Account accountant accounted payroll 55

Menzies

JULY 27, 2022

Menzies LLP - A leading chartered accountancy firm. B2B means that you are selling your products to other businesses rather than B2C which is selling directly to individual consumers. Incentive programmes.

E-commerce 52

E-commerce B2B B2C chartered accountant 52

CPA Practice

MAY 18, 2023

In addition, tax administrations have different requirements for business-to-consumer (B2C) invoicing across countries for the invoices that are sent to consumers. Bureau of Labor Statistics shows that there is an accountant shortage that is only expected to grow. Recent data from the U.S.

Technology 126

Technology Tax B2C audit 126

PYMNTS

FEBRUARY 1, 2021

It’s not that automating invoice generation, banishing checks, automating the cash application process and systematically removing all the manual touches from accounts payable (AP) and accounts receivable (AR) workflows weren’t unknown concepts among chief financial officers (CFOs) and treasury departments at the time. he explained.

B2B 94

B2B Technology accounting and finance accounts payable 94

PYMNTS

FEBRUARY 10, 2020

. “The SnapPay integration with [the] SAP digital payments add-on helps meet the unique needs of B2B and B2C customers,” said Dr. Oliver Kroneisen, vice president and head of financial operations development at SAP. “Brewster Home Fashions exemplifies how our continued commitment benefits customers.”

B2B 67

B2B accounts payable AP Processes B2C 67

PYMNTS

SEPTEMBER 23, 2019

“Today, we are announcing new capabilities that extend Dynamics 365 Customer Insights beyond B2C scenarios to address complex B2B journeys,” she added. The solutions will be made available this spring for B2C use cases. The solutions will be made available this spring for B2C use cases.

Retail 49

Retail B2C B2B Account 49

CPA Practice

MARCH 1, 2024

Tankersley, CPA.CITP, CGMA 00:00 Welcome to the accounting Technology Lab sponsored by CPA practice advisor. Tankersley, CPA.CITP, CGMA 00:00 Welcome to the accounting Technology Lab sponsored by CPA practice advisor. Randy Johnston 00:11 Welcome to today’s accounting Technology Lab. Tankersley, CPA.CITP, CGMA 07:32 Yeah.

quickbooks 102

quickbooks Technology Account accountant 102

CPA Practice

JANUARY 31, 2023

Less Friction and Faster Payments One of the biggest benefits of the integration is that clients can accept PayPal and Venmo payments without having to set up and juggle separate accounts for the apps. That’s fewer payment processors to track and a user-friendly, streamlined experience.

quickbooks 52

quickbooks B2C B2B Account 52

PYMNTS

MAY 12, 2020

Finacle TradeConnect is available for use with bill collection, letters of credit, open account for trade, C2C transactions for trade, B2C transactions for trade, purchase order financing and invoice financing, the press release notes.

Technology 85

Technology B2C accounting and finance Finance 85

PYMNTS

JULY 24, 2018

“When we look at P2P on the domestic front, for example, what we see is that it has taken off because people want to be able to have the money put right [into] their bank account,” Frew explained. They aren’t looking for an extra step where they have to take cash and go make a deposit to get it into their bank account where it is safe.”.

B2C 89

B2C Start-ups Account accountant 89

PYMNTS

DECEMBER 16, 2019

However, B2B payments are not the same as B2C, largely thanks to high transaction sizes and volumes, as well as expanding fraud risks. Traditionally, accountants and their SMBs have to access separate platforms, be it other payment or online banking portals, to initiate payment.

B2B 81

B2B B2C small business accounting Non-Profits 81

PYMNTS

AUGUST 19, 2020

This growth is not limited to the business-to-consumer (B2C) market, either. B2B virtual spend is expected to account for 80 percent of this growth as the consumerization of everyday spend encourages businesses to provide their employees with the same digital payment methods to which they have grown accustomed in their everyday lives.

B2B 93

B2B Spend Management Tools B2C Spend Management 93