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Digitizing B2B Payments: Virtual Cards Save CFOs Invoicing And Payments Hassles

PYMNTS

These strains are prompting more construction firms to turn to faster, digital means of conducting their B2B transactions. The November CFO’s Guide To Digitizing B2B Payments report examines how companies are modernizing their AP and accounts receivable (AR) processes for smoother procurement experiences. About The Report.

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Payments Initiation Opens The B2B Door For QR Code Payments

PYMNTS

Their use for B2B payments, however, remains limited — but in the U.K., While open banking FinTech innovation has initially focused on opening up bank account data to third party platforms, there is another component to the initiative with major implications for the payments landscape. A B2B Opportunity.

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Sage: Changing B2B Payments Behavior

PYMNTS

That includes corporates, too, as firms like PayPal press into the B2B payments and small business finance market – but they’re not always doing it alone. Case in point: PayPal recently partnered with business management firm Sage to enable businesses to pay their supplier invoices with a PayPal business account.

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TRENDING: Xero — FIs, APIs And The SMB Cash Flow Lifeline

PYMNTS

The August edition of the B2B API Tracker explores how banks and other financial players are turning to APIs to support open banking, facilitate faster payments and improve business clients’ cash flow management. Around The B2B API World. How APIs Add Accuracy To Seasonal Business Accounting. About The Tracker.

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Mastercard Enables Vendor Payments Within MYOB Platform

PYMNTS

Mastercard and Australia-based small business accounting platform MYOB are collaborating to streamline vendor payments and payroll. By identifying pain points such as manual processing and working with global partners to come up with solutions, we can give small business owners more control over their operation.”

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GoCardless Brings Direct Debit Supplier Payments To Australia

PYMNTS

GoCardless is expanding into Australia in an effort to support direct debit B2B payments to suppliers, reports in IT Wire said on Monday (Aug. The company is collaborating with small business accounting firm Xero to integrate its B2B payments capabilities into the platform.

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Overcoming The Pre-Accounting Hurdle Of Data

PYMNTS

In a recent conversation with PYMNTS, Receipt Bank CEO Adrian Blair explained that this predicament is a massive opportunity for an emerging field of the small business accounting arena: the pre-accounting phase. He offered the example of a small business that has purchased an automobile. .

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