Remove Cash Management Remove Commercial Card Remove Reconciliation
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The Economic – And Ergonomic – Value Of Commercial Card Optimization

PYMNTS

But as businesses hold onto their cash in preparation for more disruption ahead, an increasing number of firms are also taking a closer look at a different AP strategy that can support working capital needs without creating cash flow issues for valued suppliers. Optimizing Card Spend.

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Santander Commercial Bank Delivers New Products and Digital Capabilities to Drive More Seamless Client Experiences

Fintech Finance

Santander” or “the Bank”) announced today that is has expanded its suite of digital cash management solutions to enhance the commercial client experience while reducing its overall cost to serve. ” said Michael Lee, Senior Executive Vice President and Managing Director of Commercial Banking at Santander Bank.

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Boost Payment Solutions, GHX Team To Ease Healthcare Organization Payments

PYMNTS

is partnering with Global Healthcare Exchange (GHX) to help healthcare organizations pay suppliers with commercial cards, Boost announced today (Nov. Commercial cards have become an effective cash management solution, especially during the pandemic’s disruptive effects on how organizations choose to pay and hold cash.

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Bending Card Rails For B2B Payments Optimization

PYMNTS

When the commercial card first came on the scene, executives thought of the payment tool in limited terms: a piece of plastic their employees could use to make one-off purchases at the office supply or hardware store, buy a coffee while on a business trip or take a client out to dinner. ” Recognizing Commercial Card Advantages.

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Visa Turns To V-Cards With Billtrust For AR Automation

PYMNTS

17), Visa said it is tackling that issue through a new partnership with accounts receivable (AR) and cash management company Billtrust. Hall shared her thoughts with Karen Webster about the importance of this collaboration and why virtual cards present both a challenge and an opportunity for corporate payers and payees.

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The Virtual Card Case For Nonprofits

PYMNTS

Making sure the books add up properly is key to keeping their legal nonprofit status, and that means cash management is paramount. According to Vendor Centric, there are four key benefits for nonprofits when it comes to the v-card. The first is cash rebates. Virtual cards, the report noted, can do the same.

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Why Corporate Banks’ Should Seize Purchase-To-Pay Data Opportunity

PYMNTS

When it comes to helping corporates manage their supply chains, traditional banks tend to focus on the financing aspect via trade finance, factoring or other such products. Offering solutions that promote workflow automation from sourcing through to payment, reconciliation and accounting is not usually part of an FI’s product roadmap.

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