Artificial intelligence is becoming more common in the B2B space because it helps streamline payment processes and, most importantly, increases payment speeds so business owners no longer have to worry about cash flow. Although this is still... (Read More)
Virtual cards replace your credit card in a virtual form rather than a physical one. When using a virtual card, you're given a unique number to share with businesses instead of your actual credit card number, effectively protecting your privacy... (Read More)
Constantly monitoring a company's cash flow and financial stability is a big job for executive teams and often takes up many hours in the day. Many executives looking to focus on other tasks throughout the day opt into spend management automation... (Read More)
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 If you have outdated payment software, you're more likely to lose out on valuable revenue and client...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)