B2B Payments

B2B Payments
Can A New Procurement Plan Give British Farmers Back £400 million?
July 25, 2014

If the UK government has any say about it, the answer to that question is: yes. According to Supply Management, a new voluntary standard public sector would let buyers judge potential suppliers against criteria, such as how and where food is produced, resource efficiency and...

B2B Payments
How Payment Terms Can Help Shippers Become ‘Preferred’
July 25, 2014

According to a recent Transplace survey, the way that a shipper impacts a motor carrier financially and affects driver productivity will greatly affect whether a carrier will assign them “preferred shipper” status. Additionally, the results showed that 63 percent of respondents said that payment terms and average...

B2B Payments
Kyriba Selected To Update RPC Group’s Treasury Management
July 25, 2014

RPC Group, a developer of food, personal and health care as well as domestic industrial plastic packaging solutions, announced this week that it selected Kyriba to help it improve its treasury management system. According to an RPC press release, Kyriba is a leader in cloud-based...

B2B Payments
Is A ‘Nuclear Blast’ About To Hit New York’s Procurement World?
July 24, 2014

Earlier this week, the Washington Post reported that New York officials are trying to create plans for a set of IT contracts that could change the way state and local governments purchase their technology goods and services. According to analyst Derek Johnson, who wrote the article...

B2B Payments
New Trade Finance Solution Hits Europe
July 24, 2014

Sweden-based financial services group Nordea announced this week that it launched a new web-based trade finance solution in London and Frankfurt. As reported by Banking Technology, the solution is called allNETT and is from specialist firm Surecomp. Nordea is already active in corporate merchant banking,...

Alternative Finances
Where Flexibility Can Help, And Hinder, B2B ACH Growth
July 24, 2014

NACHA, which oversees the nation’s automated clearinghouse system, has made great strides in recent years to help companies facilitate ACH B2B payments. This progress has helped especially large companies to take a lot of paper out of the remittance process. As NACHA’s Jan Estep noted...

B2B Payments
How Mexico’s eInvoicing Skyrocketed 300 Percent
July 24, 2014

The push for businesses and governments to “go digital” is stronger than ever. But how many entities can boast that their electronic invoicing adoption improved by 300 percent in just six months? The odds are, very few. Mexico, however, can proudly make that statement. But...

B2B Payments
Partnership Announced For Better Wholesale Management Business
July 24, 2014

CSG Systems International announced this week that its Interconnect solution was chosen by one of Canada’s largest communication service providers (CSP) to better oversee its wholesale partner-management business. According to a Billing & OSS World article, the agreement allows the unnamed client to benefit from...

B2B Payments
New B2B Payment System Set To Boost Corporate Travel Industry
July 24, 2014

Electronic payment solutions provider CSI globalVCard recently announced the launch of a new B2B payment system. Called globalVCard travel, the innovation is designed to alleviate many of the corporate travel industry’s biggest pain points, according to a company press release. The pain points include noncompliance...