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6 Accounts Payable Automation Trends To Watch in 2023

MineralTree

New Fraud Methods Will Target Vulnerabilities of Hybrid Teams 98% of B2B firms reported fraud attacks in 2021 , resulting in an average loss of 3.5% One such example is instant payroll for workers in the gig economy, like Uber drivers and TaskRabbit movers. of their annual revenues. To learn more, schedule a demo today.

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B2B FinTechs Start 2020 Strong With More Than $1B In VC Funding

PYMNTS

Venture capital (VC) is not easily available to every startup, but this week, VC investors hinted at a big year ahead for the B2B FinTech space. In total, more than $1 billion was raised this week, with funds landing at an array of technologies from B2B payments to payroll to eProcurement. Flutterwave. AvidXchange.

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NEW DATA: An Inside Look At The B2B Payments Satisfaction And Usage Disconnect

PYMNTS

Paper checks have long been used in the B2B industry, serving as one of the few ubiquitous payment methods in an otherwise highly fragmented market. Perhaps unsurprisingly, a large portion of companies expect their B2B payments to go digital. Now, many businesses are looking to change that. As much as 35.4 As much as 35.4

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B2B Payments: Moving From Inertia To Ignition

PYMNTS

The B2B payments discussion often centers around innovators’ efforts to kill the check. There is no straight line to killing the check, but in the path to B2B payments innovation, a plethora of possibilities emerges. B2B Payments’ Innovation Agenda. According to Phalen, that includes speed, transparency and global scale.

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B2B FinTechs Diversify Funding Strategies With M&A, IPOs

PYMNTS

However recent analysis from Iron Pillar , as reported recently in the Times of India, suggests that such a slowdown may not be detrimental to the B2B FinTech startup arena. Finland’s Enfuce announced more than $11 million in new funding for its B2B financial services offerings, with Maki.vc leading the investment.

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From AR To AP, B2B Investors Broaden Their Scope

PYMNTS

Investors diversified their funding to B2B companies this week, hitting several areas of corporate finance including accounts payable, accounts receivable, payroll and supply chain management. B2B Payments. AP Automation. Find out who. The platform also supports payments, reports said.

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Harvard And Capital One Survey Mid-Market B2B ePayments Adoption

PYMNTS

When it comes to B2B payments digitization, not every company will experience the same journey. The current picture is quite optimistic: Researchers estimated that roughly half the value of mid-market B2B payments is already digital, with 59 percent of firms reporting the use of electronic funds transfer (EFT) to pay their invoices.

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