Late payments impact B2B business owners significantly because they need revenue to keep their business running and employees paid on time. Late payments make cash flow management nearly impossible if you're a small business owner or... (Read More)
Payment processing fees are a pain for business owners, especially when they become significant monthly expenses. Most SMBs in the B2B space have goals to cut down their payment processing fees over time, but lack direction on how to tackle this... (Read More)
Customer refunds, although unpleasant, are a necessary part of running a successful business. Even though they aren't the most common form of communication with customers because many often opt for an exchange or credit for a future transaction... (Read More)
AP innovation is a significant step for business owners to make if they want to improve their relationships with other vendors and continue to build strong B2B relationships. Poor communication with vendors is the most-cited challenge for businesses... (Read More)
It may be time to update your payments technology if your transactions take longer than usual and/or include inaccurate data. If you have outdated payment software, you're more likely to lose out on valuable revenue and client... (Read More)
Artificial intelligence, or AI, is significantly shaking up the payments industry by introducing technology that no one has ever seen. This new technology is used for various applications, including targeted marketing, process automation, fraud... (Read More)
Payment friction is any online or offline process that makes it harder for those in the B2B space to make a purchase. Although some payment friction is good because it ensures customer transactions are secure, you don't want to have too much because... (Read More)
Real-time payments is a payment processing network that instantaneously sends money between two parties. Real-time payments are considered innovative and forward-thinking because transfers between bank accounts previously took about one to three... (Read More)
Real-time payments are settled instantly, making them a popular alternative compared to traditional payments. Real-time payment networks are unique because they provide 24/7/365 access and can transfer funds on weekends and holidays when traditional... (Read More)