PYMNTS

FEBRUARY 4, 2020

Once reserved for only the largest and most sophisticated firms, automated enterprise resource planning (ERP) and accounting platforms are now accessible for even the smallest of businesses, and data from those systems is the new currency of operational efficiency. A Reconciliation Headache. Data’s Favorite Payment Rails.

Commercial Card 61

Commercial Card Lockbox Reconciliation ACH 61

PYMNTS

DECEMBER 5, 2019

Initially, this came in the form of purchase cards that gave managers the ability to allow their employees to make purchases on behalf of their companies, from office supplies to travel and expense spending. Leavitt says suppliers are indeed more difficult than buyers to convince of commercial cards’ value proposition.

Faster Payments 53

Faster Payments Commercial Card ACH Payments 53

PYMNTS

OCTOBER 1, 2019

The vendors, meanwhile, can have access to more detailed remittance data. Last year Discover launched the Discover It Business credit card, a new commercial card product targeting cash back rewards for its business customers. billion, including debt.

Commercial Card 51

Commercial Card Remittance Data Payments Reconciliation 51

PYMNTS

OCTOBER 2, 2019

It’s a shift that may have risen out of the B2B payments industry’s commercial card conundrum. Today, emerging accounts payable (AP) solutions that wield payment tools, including commercial cards and more, are beginning to design solutions with the vendor in mind. Discover Targets Reconciliation Data.

Commercial Card 52

Commercial Card Innovation Payer B2B 52

PYMNTS

DECEMBER 20, 2018

Myth #3: Suppliers Shun Cards Because of Interchange Fees. Clark pointed to the commercial card space as an area with significant opportunity to introduce this kind of flexibility. Yet in reality, he said, remittance data – or lack thereof – can be just as big of a factor in suppliers’ decisions not to accept cards.

B2B 65

B2B Push-to-Card Payments Checks 65