Remove Payment Solutions Remove Reconciliation Remove Remittance Data
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Commercial Cards: It’s All About The Data

PYMNTS

That’s particularly true in accounts receivable (AR), with B2B suppliers not only needing money to flow in from their buyers, but high-quality transaction data for reconciliation, reporting and analytics. A Reconciliation Headache. The thirst for data among businesses is reaching levels we’ve just never seen before.”.

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Accounts Receivable Innovations Ease AP Pain

PYMNTS

More and more, B2B payment solutions are focusing less on single end-points of friction, and more on the overall picture of how money (and data) moves from one business to another. Fintainium Eyes Remittance For AR, AP. There’s nothing more valuable than remittance data.

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Discover To Power Payments On JAGGAER Procurement Platform

PYMNTS

JAGGAER ONE offers businesses a unified platform on which they can generate purchase orders, receive and process invoices, and initiate payments to suppliers. The vendors, meanwhile, can have access to more detailed remittance data.

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Moving Data With Money The Key To Faster KYC: identitii

PYMNTS

With government and private sector-led initiatives pushing for faster, digital payments across the globe, corporates and financial institutions are still missing a key element of enhanced transactions: data. In corporate banking and payments, the challenges that arise can be vast. But even as regulators like the Fed in the U.S.,

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AP Innovations Begin Targeting Supplier Acceptance

PYMNTS

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. Boost Payment Solutions Expands Globally. Vroozi Pay Eyes Vendor Relations.

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How AR Can Usher The Legacy Lockbox Into The Digital Age

PYMNTS

But the tool’s ability to accept data along with a payment (i.e., the ability to not only receive a check payment, but know what invoice that check is for), is a functionality with which many electronic payment solutions today continue to struggle. In a macro sense in accounts receivable, it’s this same challenge.

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What Is Remittance Advice? Definition, Examples, and Tips to Enhance for Your Company

EBizCharge

Remittance advice is critical in financial management for any AR team. Its importance is grounded in several crucial functions: it ensures that payments are accounted for correctly, simplifies the reconciliation process, and helps maintain a precise and updated receivable balance in the company’s ledger.

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