Remove ACH Remove Payment Reconciliation Remove Payments Data
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How to make vendor payments using ACH

Nanonets

Automated Clearing House (ACH) payments have become increasingly popular among growing businesses, for their faster processing times, lower fees, and reduced risk of fraud. However, managing ACH payments can be a challenging task for AP teams, especially when dealing with multiple vendors and payment preferences.

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Checkout.com Announces Partnership With Slope to Enhance Payment Performance for US Enterprise Merchants

Fintech Finance

Checkout.com , a leading global digital payments provider, and Slope , a B2B financing platform for enterprise companies, today announced the beginning of a strategic partnership to boost payment performance for US enterprise merchants. The partnership has already proved successful.

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For Insurance, Faster Payments Means Nothing Without Data

PYMNTS

But the market’s B2B payments practices present a tougher sell to make the switch from faster, electronic payment technologies, Peters told PYMNTS. That’s because the insurance industry is heavily reliant on payment data, perhaps more so than other verticals. “That’s the difficult part.”

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Guide to Streamline Vendor Payments

Nanonets

Data Discrepancies: You might encounter discrepancies between payment records, invoices, and receipts. These discrepancies can lead to confusion and hinder accurate payment reconciliation. Lack of Transparency: As the number of payments grows, maintaining transparency becomes challenging.

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Building A B2B eCommerce Strategy From The ERP-Up

PYMNTS

. “By integrating the payments and eCommerce with the ERP, it’s going to allow businesses to effectively drive online revenues as well as improve payment processing and time of payment,” said George, adding that Aptean supports real-time invoice and payments reconciliation as a result of that ERP connectivity.

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Digital Payments: 12 Digital Payment Options to Consider Accepting in Your Business

Stax

Digital payments incorporate robust security features to protect sensitive information and prevent fraud. Encryption techniques ensure that payment data is transmitted securely between parties, making it difficult for unauthorized individuals to intercept or access sensitive information.

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Citizens Bank’s Corporate Real-Time Payments Play

PYMNTS

Many major corporations still crave real-time payment services, though, because they provide more detailed information. . However, the current payments environment in the U.S. is fragmented, Richardson said, and faster payment systems can remove some of the headaches of managing payments data and reconciliation.