article thumbnail

Who Has The Balance Of Power In B2B Payments?

PYMNTS

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
article thumbnail

MineralTree Expands Integrations For Remote AP Departments

PYMNTS

To help additional middle-market companies automate their accounts payable (AP) processes, MineralTree announced that it has grown its integration abilities, according to a press release. Middle-market businesses are absolutely critical to the U.S.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Overcoming The Pre-Accounting Hurdle Of Data

PYMNTS

Once all this information has been be gathered and codified, only then can it be entered into an accounting system — another time-consuming process. Open Banking is another initiative that has opened up opportunities to ease the data burden in small business accounting.

Account 69
article thumbnail

Plugging Expense Leaks With Spend Management Solutions

PYMNTS

PYMNTS research found that 42 percent of B2B payments were made via paper check in 2019, for example. The question of disrupting operations to link spend management with older legacy systems need not apply to a spend management upgrade, according to Paula Bachman, chief financial officer at solutions provider Bento for Business.

article thumbnail

Mobile Devices Take On SMB FinTech Functionality, Usability

PYMNTS

Ranjit Charles, vice president and chief architect at small business accounting software firm BizTechnologies , told PYMNTS in a recent interview about the evolving role of the mobile device for SMBs, beyond its ability to enable remote access to information. ”

article thumbnail

How SME Accountants Can Compete With Software

PYMNTS

Automation and accounting software may be to blame, the publication said. “Many of the smaller businesses don’t adequately tailor their accounting information to measure the metrics that will drive their business forward,” she said. Could accounting Software-as-a-Service lead to the same?

Account 41
article thumbnail

Payment Link Payments Benefits: How Customers Can Pay With Payment Links

Snyder

While choosing how to handle online payments, you need to keep in mind a range of criteria and pick the payment method that not only satisfies them to the fullest extent, but will also comply with the accounting system you’re using for your finances. So keep reading to know how a payment link can benefit your business.

Maine 52