PYMNTS

OCTOBER 9, 2019

B2B payments friction isn’t only experienced on the payer side. Often, accounts receivable challenges can cause significant disruptions to operations, and those consequences can ripple along the supply chain both up and downstream. These hurdles can also stifle electronic payments adoption in the B2B arena. Failure to Act.

B2B 46

B2B Technology audit accounting and finance 46

PYMNTS

JANUARY 17, 2019

16), MUFG Americas and GE Capital said MUFG Union Bank will acquire GE Capital’s supply chain finance platform for an undisclosed sum. The company said it expected industrial businesses to account for as much as 90 percent of its earnings by 2018, up from 58 percent in 2014. In an announcement on Wednesday (Jan.

Finance 60

Finance accounting and finance Healthcare Transportation 60

PYMNTS

JUNE 23, 2016

In what the companies said is a first for the industry, InMotion Global and Triumph Business Capital are partnering to introduce financing options for business fleet customers, linking travel management software with corporate lending. “Online FinTech lenders have raised service-level expectations, even in trucking,” he said.

Finance 44

Finance accounting and finance Transportation B2B 44

PYMNTS

JUNE 9, 2017

That’s especially true in corporate accounting, says Beanworks CEO Catherine Dahl. It’s an interesting time in accounting, and there’s a huge change coming,” she recently told PYMNTS, adding that digitization will become the norm, empowering humans to take on more strategic tasks while technology handles the repetitive stuff.

Technology 43

Technology accounts payable Account accountant 43

PYMNTS

JANUARY 25, 2019

Thielens offered the example of transportation and logistics providers missing out on a bidding opportunity when loads are tendered automatically. Yet, the technology has remained largely unchanged in the decades since it first launched, and even brief unreliability can cause a company to lose out.

Finance 69

Finance Technology accounts payable Transportation 69

PYMNTS

JUNE 21, 2019

While there were no mega-deals in the B2B startup funding realm this week, it was still a busy time for companies and investors, with many funders targeting companies operating in less common markets. Targeting the freight brokerage and transportation management industry, Arrive Logistics , based in Texas, secured $25 million from investors.

B2B 43

B2B Technology Spend Management payroll 43

PYMNTS

OCTOBER 21, 2019

Interestingly, the overwhelming majority of these firms have focused on disrupting the way consumers go about their daily lives and pay for everything from transportation to clothes shopping to movie passes. FinTech business-to-business (B2B) payments firms that have achieved unicorn status? The General Landscape.

B2B 40

B2B B2C accounts payable accounting and finance 40

PYMNTS

MAY 1, 2020

With $68 million in combined venture capital funding, this week’s B2B FinTech investments are certainly not the highest they’ve been, but considering the current market, the latest rounds remain impressive nonetheless. With $22 million in Series B funding , B2B FinTech Digits is ready for its debut. and Mexico.

Expense Management 66

Expense Management B2B accounts payable payroll 66

PYMNTS

FEBRUARY 11, 2019

Invoices cannot be financed until financiers see evidence of those contracts, and gain visibility into the progress of those transactions. ” The transportation and logistics sector is one area of the supply chain that is particularly attractive to AI disruption, thanks to the industry’s fragmentation. .

accounts payable 62

accounts payable accounting and finance Finance Transportation 62

PYMNTS

MARCH 10, 2017

Big Data and software as a service (SaaS) once again caught the attention of venture capitalists in the B2B FinTech space this week, but it was cross-border B2B payments that landed the most money. Investors at Nauta Capital, Finance Wales and Juno Capital just landed nearly $5 million at the U.K. Cross-Border Payments.

B2B 51

B2B Manufacturing quickbooks Transportation 51

PYMNTS

MARCH 23, 2018

B2B startups haven’t seen an investment week this busy in some time. Take a look at how more than $384 million in investments landed across the B2B tech landscape below. B2B payments. Aldrich Capital Partners announced a $26 million equity investment in accounts payable company Paymerang. Blockchain. India- and U.S.-based

accounts payable 44

accounts payable B2B accounting and finance Virginia 44

PYMNTS

FEBRUARY 19, 2020

According to reports, the solution aims to reduce small businesses’ reliance on personal credit to finance and manage business spend. B2B FinTech Ramp made its market debut last week with its commercial credit card that offers a cash-back program designed to entice business users to take control of their spend. .

Expense Management 52

Expense Management Technology Business spend Management Solutions Transportation 52

PYMNTS

FEBRUARY 9, 2020

“Slow invoice matching delays the trade financing cycle, preventing suppliers from obtaining the capital they need to deliver quality and compliant goods on time.”. The Infor Nexus network converts manual data processes of data matching across purchase orders, invoices and transport documents to speed up trade financing cycles.

accounting and finance 56

accounting and finance Transportation Finance Account 56

PYMNTS

APRIL 17, 2017

B2B eCommerce solutions provider TIE Kinetix is strengthening its position in the world of business-to-government procurement. Collectively, these markets account for 25 billion corporate invoices every year; digitizing those invoices could save $255 billion over the next six years, the company said. and Europe, TIE Kinetix said.

accounting concepts 40

accounting concepts Transportation accounting and finance B2B 40

PYMNTS

MARCH 21, 2019

For many companies, the accounts payable (AP) process is mired in paper, but technology, properly deployed, can cut down the paper chase, streamlining the journey between getting invoices and paying them. This generation will not accept using ‘old looking’ B2B software,” he said.

Technology 48

Technology AP Automation accounts payable AP Processes 48

PYMNTS

JANUARY 17, 2017

16) said Deutsche Bank, HSBC, KBC, Natixis, Rabobank, Société Générale and UniCredit have signed a memorandum of understanding to collaborate on a blockchain-based trade finance and supply chain tool. The seven banks aren’t the first to identify trade finance and smart contracts as a potential use case for blockchain.

Transportation 47

Transportation accounting and finance Finance Technology 47

PYMNTS

DECEMBER 23, 2016

Among the latest announcements in the short-term small business financing realm, Bizfi said earlier this month that it had entered a funding partnership with InterNex Capital, an asset-based digital lender. 22) that it had surpassed $2 billion in financing for more than 35,000 businesses. Bizfi said Thursday (Dec.

Manufacturing 40

Manufacturing accounting and finance Transportation B2B 40

PYMNTS

MAY 16, 2018

Trade finance has evolved into an expansive market that combines supply chain finance, invoice finance and factoring, reverse factoring and a slew of other products – all aimed at ensuring that cash flows more easily through supply chains. trillion trade finance gap in existence today.

accounting and finance 49

accounting and finance Finance Transportation Technology 49

PYMNTS

DECEMBER 7, 2016

The syncing with these added ground transportation services takes place with flights and hotels (also via mobile), but for back-office functions, there is the need for cost control. Thus, the platform displays and books those services within the confines of users’ corporate travel policies.

Transportation 66

Transportation Expense Management accounting and finance Finance 66

PYMNTS

MARCH 16, 2018

Frequently, there are intermediaries involved with financing. To that end, bBiller seeks to take out the “middlemen” of supply chain activity tied to finance and accounting. The problem in traditional accounting systems and document management is one “in how the data is distributed,” he said.

accounting and finance 49

accounting and finance Technology Manufacturing quickbooks 49

PYMNTS

FEBRUARY 24, 2016

But in a new whitepaper published by document automation firm Esker , the firm acknowledges that executives facing friction in accounts payable departments very well could be championing the adoption of sophisticated solutions; it may just take a bit of effort to convince the rest of the team to get the ball rolling. Building A Case.

AP Automation 40

AP Automation AP Processes accounts payable Technology 40

PYMNTS

DECEMBER 3, 2018

One remedy suggested by the ASA involves what is known as “cascading project bank accounts,” which “quarantine” money for payments in the event of a collapse of the firm that is managing the accounts. There have been roughly 2,000 firms in the industry that have gone bust, leaving smaller firms without payment for millions of dollars.

Government 47

Government Technology accounting and finance Transportation 47

PYMNTS

AUGUST 2, 2016

Transport Pro is a logistics company that wants to ease the struggle of logistics for SMEs. Last year, the company rolled out a fleet management solutions designed for the smaller company , enabling firms to manage the transport of their goods, along with the money that moves along, too. A broker will find that provider for them.

Transportation 40

Transportation Construction Technology Account 40

PYMNTS

OCTOBER 2, 2019

Financing ways to make using the ELD valuable as a business asset is important.”. Last month, the firm said its GeoWiz Agriculture ELD, an ELD designed for transporters in the agricultural commodities industry, will integrate artificial intelligence that allows invoicing and invoice factoring initiated from the ELD itself.

Agriculture 48

Agriculture Technology Transportation payroll 48

PYMNTS

FEBRUARY 19, 2019

“A way of ensuring that accountability is to have the public involved in the oversight of what they’re doing.” “Small businesses, older people, and people with limited access to transportation” are among the most impacted by industry consolidation, he added.

Washington 43

Washington Transportation accounting and finance payroll 43

PYMNTS

SEPTEMBER 18, 2018

Even if the T&E space has seen a recent influx of FinTech innovation, adoption is limited by businesses’ struggle to manage disruption to other systems linked to expense management, like accounting and event departments. “What does this mean for finance leaders? “See how payments are done with Uber?

Technology 55

Technology Expense Management Transportation accounting and finance 55

PYMNTS

NOVEMBER 7, 2016

The majority of companies (56 percent) said they spend up to an hour every week to count and transport their cash to the bank. For instance, nearly a quarter of small businesses surveyed by Sage said they had been the target of cash theft by a member of their own staff.

Transportation 77

Transportation Technology Finance B2B 77