Remove Finance Remove Payments Tools Remove Remittance Data
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How Inefficient B2B Payments Systems Hobble Business Growth

PYMNTS

What businesses may often miss in their growth trajectories, however, is the importance of focusing on back-office operations, particularly when it comes to finance and payments. That might mean discovering a segment of vendors that are ripe for virtual card payments or integrated remittance data. A Holistic View.

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The Commercial Card Embraces A Season Of (Major) Change

PYMNTS

In B2B payments, the commercial card has experienced a dramatic spike in adoption this year as organizations accelerated their digital transformations and, unable to physically enter the office, began to rely on electronic payments to conduct their business. Winter Blues. Spring’s SMB Support.

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Virtual-Card Adoption – Not An ‘All-Or-Nothing’ Strategy

PYMNTS

This challenge can quickly lead to discouraged finance teams that abandon the effort to implement a v-card program altogether. In a conversation with Karen Webster, Anderson discussed why CFOs and finance teams don’t have to clear the supplier card acceptance hurdle entirely to still benefit from a v-card program. .

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Chase, AFP Applaud B2B’s Shrinking Check Use

PYMNTS

It’s a stark contrast from its historical high of 81 percent in 2004, analysts noted, and suggests checks are steadily declining within corporate payments. The AFP’s report was released the same week a range of new electronic B2B payment tools were announced, the latest in a deluge of digital payment solutions emerging in recent years.

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How AR Can Usher The Legacy Lockbox Into The Digital Age

PYMNTS

In the flurry of payments innovation, it can be difficult to remember that legacy tools remain commonplace, especially in corporate payments. It’s a service designed around the ubiquity of the paper check, and with checks still a popular payment tool in B2B transactions, lockbox services remain in high-demand.

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