Remove B2B Remove Payer Remove Remittance Data
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Giving B2B Dental Payments A Digital Treatment

PYMNTS

Some payers had to limit the operations of their mailrooms. Insurance carriers that implement high-powered tools to boost claims processing could also trim frictions and accelerate the sector’s B2B payments. This new focus is making legacy approaches seem outdated. “[In] Payouts And AR.

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Preserving Check Workflows Can Ease B2B Payments Digitization

PYMNTS

Although a recent uptick in B2B payments innovation has accelerated corporates’ migration away from the paper check, old habits die hard, and the legacy payment tool remains a mainstay in the accounts payable (AP) department. “Checks will be around for a while. .”

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Digital Payments Easing Pains For Hurting Medical And Dental Practices

PYMNTS

Demystifying the matter is PYMNTS December 2020 Digitizing B2B Payments Tracker® done in collaboration with Deluxe , examining the hurdles now set out before healthcare providers. There is a fundamental need to link complex remittance data — explanation of payment — with the payments being made.”. Treating A Payments Toothache.

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Why Faster Payments Isn’t The Answer To Accounts Receivable Delays

PYMNTS

the outlook of how accelerated transaction times might impact B2B payments and, more specifically, the issue of late payments to suppliers, remains unclear. When NACHA first released its Same Day ACH capability, only about 6 percent of the first 2 million transactions made in the service’s first 11 days were B2B payments.

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Why Faster B2B Payments Is A Marathon, Not A Sprint

PYMNTS

TransCard CEO Greg Bloh knows that paper checks are a sticky challenge in B2B payments. It presents major opportunities in the B2B payments space, the executive of the corporate payments company added. That doesn’t mean B2B payers and payees should be complacent in sticking with the paper check, though.

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Ticking Off The Boxes On The Fed’s Checklist Of B2B Payments Priorities

PYMNTS

Formerly known as the Remittance Coalition, the Federal Reserve Bank of Minneapolis’ Business Payments Coalition is relying on corporate collaboration to promote the adoption of electronic B2B payments. Providing payers with this information could make it easier for them to quickly and efficiently pay their suppliers.

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AP Innovations Begin Targeting Supplier Acceptance

PYMNTS

As payments giants like Visa and Mastercard shift the innovation spotlight onto B2B transactions, developers of new accounts payable solutions are ushering in a growing trend: designing payment tools not just for the payer, but for the B2B supplier as well. Vroozi Pay Eyes Vendor Relations.