PYMNTS

JANUARY 22, 2021

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.

B2B 81

B2B Expense Reimbursements Technology Expense Management 81

PYMNTS

NOVEMBER 7, 2018

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.

B2B 58

B2B Expense Reimbursements accounts payable Technology 58

PYMNTS

JANUARY 29, 2020

A significant number of firms — notably small- to medium-sized businesses (SMBs) — still use such systems, as 25 percent of smaller firms stated in 2018 that their payroll involved pen-and-paper methods. Unusual or unexpected expenses could also crop up each year. That more-measured approach is not necessary, though.

Tax 56

Tax Technology Spend Management Expense Reimbursements 56

PYMNTS

OCTOBER 19, 2018

The enhancement supports employee expense reimbursements as well as micropayment disbursement and payment to employees for travel allowances to support mobile workforces, Microsoft said at the time. The solution, developed with the Commonwealth Bank of Australia , is set to go live next year.

Expense Management 55

Expense Management Employee Expense Reimbursement Expense Reimbursements Healthcare 55

PYMNTS

OCTOBER 21, 2019

PNC Treasury Management is rolling out a new solution designed to optimize corporate treasurers’ B2B payments. PNC noted that it will deploy its own automated payments routing solution within its employee expense reimbursement program to optimize reimbursement payments made to staff. In a press release Friday (Oct.

Technology 40

Technology Employee Expense Reimbursement Expense Reimbursements B2B 40

PYMNTS

SEPTEMBER 23, 2019

Last week’s launch of the Mastercard Track Business Payment Service, designed to automate payments between the world’s suppliers and buyers, is just one sign that B2B payments are changing. Employees are no longer required to submit expense reports and wait for reimbursements, which are often tied to bi-weekly payroll cycles.

Construction 67

Construction Expense Reimbursements Agriculture accounts payable 67

PYMNTS

MARCH 9, 2020

The growing demand for real-time employee expense reimbursement and instant payroll has surprised TCH, for example, but RTP’s flexibility means it can be leveraged for such purposes without any adjustments to the network. Such actions ensure that the offerings remain relevant to emerging needs and unanticipated uses.

Employee Expense Reimbursement 81

Employee Expense Reimbursement Expense Reimbursements Government accounting and finance 81