B2B Payments

B2B Payments
Industrial Commerce Platform BluePallet Joins Alibaba’s B2B Marketplace
October 19, 2021

BluePallet, the industrial commerce platform working with the chemical industry, has joined Alibaba.com’s global B2B online marketplace, according to a statement released Tuesday (Oct. 19). The company will be a Global Gold Supplier, and is reportedly now the first industrial commerce platform to operate on...

B2B Payments
Average Firm Loses $85K Annually on Purchases Made Outside of Company Policy
October 19, 2021

The shift to remote working arrangements during the pandemic has complicated some operations for finance teams, especially in employee spending. Today, 31% of finance professionals say employees are submitting more expenses than before the pandemic; the same percentage, 31%, say they are finding more errors...

B2B Payments
PrimeRevenue Rolls Out B2B Payments Offering
October 19, 2021

Working capital FinTech PrimeRevenue, Inc. on Tuesday (Oct. 19) announced the debut of the PrimeRevenue SurePay platform to simplify B2B payment services and allow for early and on-time payments across the entire supply chain. The SurePay platform “ensures every supplier gets paid on time, every...

B2B Payments
Barclaycard Integrates With SAP Upscale Commerce
October 19, 2021

Barclaycard Payments has expanded its relationship with SAP through an integration of the Barclaycard Smartpay gateway into SAP’s Upscale Commerce Platform. The company announced the expansion on Tuesday (Oct. 19), saying that it would also enhance the procure-to-pay services offered by SAP Ariba. “From today,...

B2B Payments
Eedenbull Adds Diners Club International as B2B Payment Partner  
October 19, 2021

B2B payments-focused FinTech EedenBull and global payment services platform Diners Club International on Tuesday (Oct. 19) announced a strategic partnership to fill in some of the gaps they see in the space, according to a Financial IT report.  The agreement means EedenBull banks will have...

B2B Payments
HighRadius and Riveron Partner on Finance Modernization
October 19, 2021

Artificial intelligence-fueled cash and treasury management software platform HighRadius announced on Monday (Oct. 18) it is teaming up with business advisory firm Riveron to improve automation for businesses. RadiusOne AR suite, a new turnkey accounts receivable (AR) transformation platform by HighRadius, brings the power of...

B2B Payments
Avalara Buys CrowdReason, Boosts Property Tax Compliance Offering
October 19, 2021

Avalara has bought CrowdReason, which works on developing Software-as-a-Service (SaaS) property tax compliance applications, to help businesses manage that kind of service, Seeking Alpha reported Monday (Oct. 18). The company has acquired CrowdReason’s technology, content and expertise, and the report says financial terms weren’t revealed....

B2B Payments
Today in B2B: Expensify Expands SMB Offerings; Data at the Heart of CFO’s Work
October 18, 2021

Today in B2B payments, advertising companies could benefit from digitizing B2B payments, and firms expect better customer satisfaction with increased digitization. Plus, CFOs understand data is playing a critical role in business today as finance solutions spread cross-functionality, and Expensify debuts its Free Plan for...

B2B Payments
40% of Large Firms Expect Digitization of AR/AP Processes to Improve Customer Satisfaction 
October 18, 2021

Not long ago, offering business customers payment method flexibility was something that was largely confined to innovative companies with well-resourced accounting departments.  But in the new landscape, created by the pandemic and the shift of B2B and consumer commerce to online channels, digital payment capabilities...