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Young B2B FinTechs Secure Their Seed Rounds

PYMNTS

While 2021 has kicked off with a bang in the venture capital arena — with several high-value investments on the books — this week's B2B VC roundup is all about the seed rounds. Young B2B FinTechs secured some of their first investments in areas that include small business accounting, alternative lending and financial management.

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Unraveling Cash Flow Challenges in Tech Businesses

Basis 365

In the fast-paced world of technology, innovation, and creativity thrive, but so do financial challenges. One of the most critical aspects of running a successful tech business is managing cash flow effectively. Seasonal Revenue Fluctuations Tech companies often experience seasonal fluctuations in revenue due to various factors.

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Heightened geopolitical tension in 2024 will result in rising invoice fraud

Accounting Insight

To help this collaboration, businesses should take steps such as implementing AI and automation tools to detect any suspicious activities or anomalies within the Accounts Payable (AP) process. Tackling the late payment crisis will depend on businesses’ ability to adopt technologies that make on-time payments easier.

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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.

B2B 64
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Three Years On, Open Banking Broadens For Business Banking

PYMNTS

The financial institution (FI) revealed last week that it is working with Volante Technologies to accelerate its ISO 20022 adoption, leaving Citi to become Volante’s first banking customer to take a unified approach to its global migration to the messaging standard. HashCash Brings Blockchain Tech To Unnamed Bank.

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B2B APIs Underscore The Need For Speed

PYMNTS

There is as yet no Venmo or Zelle for the $38 trillion global business-to-business (B2B) payments sector. That’s surprising for several reasons, and here’s a good one: nearly 70 percent of accounts payable (AP) professionals say suppliers value payments speed above all.

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4 Priorities for Finance Teams in Late 2023

CPA Practice

At the same time, Accounts Payable (AP) teams need to be able to manage vendor payments with an eye on managing cash positions, maintaining strategic supply relationships, and taking advantage of available payment discounts. AR and AP automation solutions are one way to simplify this process.

Finance 98