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Today In B2B: Wells Debuts Virtual Commercial Cards, PayPal Ventures Makes B2B Payments Investment

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Today in B2B payments, Wells Fargo rolls out its virtual card services for B2B payments, while PayPal Ventures makes a B2B payments investment. Each card payment is then assigned a virtual number tied to a commercial card account. Simfoni Joins Vroozi’s Cloud-Based Procure-To-Pay Platform.

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Tradeshift Taps Genpact To Broaden AP Automation Offerings

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29), with Tradeshift integrating its B2B network of buyers and suppliers with Genpact’s Cora digital business platform. Tradeshift Chief Commercial Officer Rinus Strydom added: “Genpact is a leader in finance and accounting, with decades of experience running operations for numerous global Fortune 500 companies.

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Transcepta Ramps Up AI In eProcurement

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Transcepta, a procure-to-pay platform, is ramping up its use of artificial intelligence (AI), the company said late last week. In an announcement , the company said its leveraging of AI and predictive analytics technologies can enable smarter procurement decision making.

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Yooz Debuts AP Automation Tech To UK Market

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Procure-to-pay software company Yooz plans to expand into the U.K., A press release revealed that the company will make its automated accounts payable (AP) solution available to U.K. ” The launch comes as AP automation grows increasingly in-demand among corporate finance professionals. .’s

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Connecting The Procurement Dots, From Purchase Order To Payment

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Driving efficiency in accounts payable (AP) can stem from an array of efforts. In addition, adopting a digital accounts payable platform can streamline operations, as well as open access to digital data for analytical and process automation purposes.

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In Procure-To-Pay, Reg And Tech Evolve Together

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Complex tax law has been linked to the rise in eInvoicing in B2B commerce, according to Julie Park, managing director of VAT and customs duty at The VAT Consultancy. VAT regulations are behind the latest updates to procure-to-pay company Direct Commerce, which offers a range of services for B2B suppliers and buyers to facilitate business.

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A Cure For The Financial Supply Chain Sickness

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Suppliers look to various financing solutions to fill in their cash flow gaps, but a lack of credit history often means expensive loans. The procure-to-pay platform of the Ariba Network revealed last week a new joint venture with the supply chain financing solution offered from PrimeRevenue.