PYMNTS

JANUARY 26, 2018

More than $150 million in venture capital bolstered the B2B FinTech market this week, and while investors made big steps into areas like human resources, fleet management and artificial intelligence (AI), it was an old favorite that saw the most, and largest, investment rounds: alternative lending. B2B Payments. Alternative Lending.

B2B

PYMNTS

MARCH 28, 2017

The small business accounting company said Monday (March 27) that it estimates SMEs in the country are owed more than $20 billion, with these debts putting companies’ ability to pay staff and suppliers in jeopardy. But Xero said the government should tread carefully when taking action on this issue. “In

B2B

PYMNTS

MARCH 19, 2018

For small businesses today, spending is up across several categories – but opened wallets and loosened purse strings don’t necessarily mean SMBs will benefit. This week’s B2B Data Digest takes a look at some of the latest surveys of small business sentiment across the globe. The Kenyan government owes $1.1

accounting and finance

PYMNTS

MARCH 28, 2018

Social media marketing company BleuPage is broadening its B2B services with the launch of a business management tool designed for the “solopreneur.”. based BleuPage is rolling out Bizggro, a suite of solutions for small businesses and entrepreneurs. A press release on Tuesday (March 27) said U.K.-based

bookkeeping

PYMNTS

FEBRUARY 1, 2021

Those changes have an impact on a company's overall cash flows, so it is imperative that businesses are able to automatically connect payroll data into back-office financial management systems. The rollout maybe wasn't quite the smoothest, from a federal government standpoint," noted Ayyad.

payroll

PYMNTS

MARCH 15, 2019

Anxieties that automation will replace humans have waned in the accounting sector, as industry players begin to realize that technology can actually help accountants play a more important role for their small business (SMB) customers as advisors and guides, rather than replacing their roles outright.

Tax

PYMNTS

MAY 4, 2020

Two years ago, Singapore launched its SMEs Go Digital campaign, a government effort to enable small businesses to modernize and embrace the cloud that continues today.

accounted

PYMNTS

OCTOBER 29, 2019

Targeting small and medium-sized businesses, Amazon Business enables companies to procure goods online, while giving B2B sellers a new platform upon which they can reach new customers – not only in Canada, but also in other markets where Amazon Business is available. Germany, U.K., France, Italy, Spain, Japan and India.

B2B

PYMNTS

JUNE 26, 2020

This challenge exists for professionals across the back office, but in business accounting, the lack of data integration and accuracy mean finance experts are spending valuable time correcting information and moving numbers from one platform to another. ” Supporting an Accounting Shift.

accounted

PYMNTS

JUNE 4, 2020

. “Considering a significant part of corporate cards spends is travel-related, both corporate travel and bulk purchase of airline inventory by travel agents were impacted due to lockdown and government restrictions,” SBI Cards and Payment Services said, according to Indian Express reported. Shopify Introduces Business Card.

Entertainment

PYMNTS

DECEMBER 1, 2020

Glasgow-based bank Virgin Money has partnered with Redspire , a local FinTech, to help boost its presence in the business account market, according to a report from Daily Business Group. The fund was created to help spark competition as part of an agreement between the U.K.

Government

PYMNTS

DECEMBER 9, 2019

In the fight against late B2B payments, the U.K. ’s former small business commissioner, raised concerns about being pushed out of the position and the government’s lack of funding to combat late supplier payments. businesses are owed an estimated $3.1 Most recently, Paul Uppal, the U.K.’s

B2B

PYMNTS

SEPTEMBER 13, 2016

. “We consider our stringent risk management practices a key strength of our business,” said a spokesperson for Scotiabank on the decision to close marijuana SME bank accounts. Government officials have also been working with Colorado and Washington in the U.S.

accounted

PYMNTS

APRIL 9, 2018

When job search service Indeed.com released new data last year about the top professions being sought after by small business employers, the stats suggested something surprising. Small business accountant” was not among the top 10 phrases searched for by those hirers, Indeed.com found.

Technology

PYMNTS

OCTOBER 29, 2019

The Clearing House ’s (TCH) Real-Time Payments (RTP) network received multiple shows of support from B2B FinTechs this week as service providers embrace the U.S.’s But RTP isn’t the only novel network to gain traction in the small business in corporate realm. Australia’s NPP Eyes Small Business Finserv.

B2B

CPA Practice

FEBRUARY 1, 2024

According to the QuickBooks survey, nearly 3 in 5 entrepreneurs with small business credit cards are using them as an emergency or temporary source of funding, and 75% report they have used at least 30% of their credit limit. And what may be the most astounding news of all? They estimate an average 16% APR on those credit cards!

E-commerce

PYMNTS

OCTOBER 5, 2020

government said it expects SMBs will fail to pay between 35 and 60 percent of the 38 billion pounds ($49.3 But the FT reports that some lenders, including Tide and Conister, have stopped offering the relief loans, but remain on the list of the more than two dozen lenders advertised by the government. billion) lent so far.

Government

Basis 365

JULY 28, 2023

For instance, businesses in the e-commerce sector may witness increased sales during festive seasons, while others providing B2B services might face a slowdown during holidays or vacation periods. Additionally, seeking government grants or venture capital funding for R&D projects can provide the necessary financial support.

Technology

PYMNTS

FEBRUARY 27, 2020

Implications on data security in the financial services market are particularly sensitive, he added, particularly as the government looks to reign in shadow banking. This collaboration does exactly that.”. Centsoft Integrates With QuickBooks Online.

quickbooks

PYMNTS

APRIL 18, 2016

The latest reports suggest a bit of stagnancy: Hiring and spending practices among SMEs remained steady, and while small business owners are optimistic about their own performance, their optimism for the economy overall is another story. Only 39 percent said they claim every single one of their purchases made while on business. .

accounting and finance

PYMNTS

DECEMBER 19, 2019

QuickBooks can also be used to create and send invoices and can be linked directly to an accountant. Existing users of QuickBooks can connect their Starling business account so transactions can be refreshed in real time. To get started, users can click on QuickBooks in the Starling Marketplace app.

quickbooks

PYMNTS

AUGUST 7, 2017

Meanwhile, research from the Khalifa Fund for Enterprise Development found that as many as 70 percent of small business loan applications in the UAE are rejected by traditional banks, despite efforts from the national government and the Central Bank of the UAE to promote SMB financing.

accounting and finance

PYMNTS

MARCH 12, 2019

” It was the latter for Wave, which recently acquired small business account and debit card solutions provider Every. . “If you look at the current state of affairs of open banking [in the U.S. and Canada], there is a lot of talk, but nothing in terms of what you can practically build on,” said Whiting.

payroll tax

PYMNTS

APRIL 30, 2018

South Korea’s Korea Credit Data, a FinTech startup that operates in the small- and medium-sized business accounting software market, said it is exploring an entrance into the world of blockchain. According to the publication, an estimated 70,000 customers use Korea Credit Data solutions’ CashNote mobile accounting software.

accounting and finance

PYMNTS

MAY 16, 2018

Challenger bank Cashplus , which provides business accounts and financial services, has announced a collaboration with cross-border payments firm Currencycloud in a bid to help small businesses go global.

small business accounting software

Snyder

NOVEMBER 25, 2022

To get you started with the creation of your business plan, e-commerce business must first decide on: The type of products you’re selling: Physical products; Digital products; Services. Your target customers: Business to Business (B2B); Business to Consumer (B2C); Marketplace.

E-commerce

PYMNTS

MARCH 6, 2019

Citing analysis from the Edelman Trust Barometer, the report noted that 2018 saw the largest-ever decline in public trust in businesses and government, and it’s causing significant financial losses in the form of stock devaluation, lost business and more.

Finance

PYMNTS

MARCH 19, 2018

Several accounting scandals have recently made headlines in the U.K., most recently with the collapse of government contractor Carillion , audited by KPMG. So, it seems to me that we ought to have another look at [the audit market].”. Last year, PwC was fined $6.5

accounted

PYMNTS

AUGUST 30, 2016

Scores can also help companies compete when looking to secure government contracts. Having access to these instruments is also key to building up a good business credit score. Suppliers and vendors are likely to look up a company’s credit score before they extend lines of credit or payment terms, for instance.

Agriculture

PYMNTS

MARCH 19, 2018

In his analysis, the senator found small businesses are likely to spend more on accounting services, which could detract from their focus on business growth.

Tax

PYMNTS

AUGUST 15, 2019

14), noting LeaseAccelerator will collaborate with the business consulting services firm, which will provide businesses, government entities and small to medium-sized businesses (SMBs) with services to adopt new standards. The companies announced their partnership in a press release issued Wednesday (Aug.

accounting standards

PYMNTS

OCTOBER 11, 2016

government inquiry called into question RBS’ tactics in dealing with its SME clients. Treasury Committee Chairman Andrew Tyrie is urging the FCA to “get on with publication as soon as possible” and is calling on the government regulator to commit to a publication date. ” Government’s Role.

Government

PYMNTS

APRIL 10, 2018

According to the People’s Bank of China, small businesses accounted for about a third of all outstanding loans in the country as of April of last year. The statistic follows a push by government officials to promote lending to small businesses to drive economic growth and development, reports in FINSMES said last week.

CPA