SMBs

SMBs
SMBs Say Costly, Time-Consuming Payment Processes Are Chronic Supplier Pain Point
May 09, 2022

Small- to medium-sized businesses (SMBs) experience several problems when making payments to suppliers. The most common pain points are manual invoice review, the high cost of using credit, and the high cost of making payments. Those problems are cited by 45%, 43% and 41% of SMBs,...

SMBs
Mastercard, Enterprise Nation Launch SMB Support App
May 09, 2022

Mastercard and Enterprise Nation have teamed up to launch an app designed to help micro and small enterprises (MSEs) get tools and other support from their phones. The Enterprise Nation: Make a Plan app, has been developed as part of the Strive UK program, which...

SMBs
Morgan Stanley Names 10 Small Businesses to Its Academy Program
May 05, 2022

Morgan Stanley’s Institute for Inclusion and the Morgan Stanley Supplier Diversity Program have set up the inaugural class of the bank’s Small Business Academy, a press release said, which will promote equity and diverse leaders of small business. The initiative will help small businesses improve...

SMBs
dLocal Launches Platform to Help Small Businesses in Emerging Markets
May 05, 2022

Payment platform dLocal has launched dLocal Go, an online platform for entrepreneurs, startups and small- to medium-sized businesses (SMBs) to process payments and access other financial services in emerging markets, according to a company press release Thursday (May 5). dLocal Go is a self-service platform...

SMBs
UAE SMBs Rethink Investment To Create Seamless Cross-Channel Shopping Experience
May 04, 2022

When it comes to investment plans in mobile order-ahead features, touchless payments at the brick-and-mortar point of sale (POS) and in-store kiosk pickup options for eCommerce purchases, small- and medium-sized businesses (SMBs) in the United Arab Emirates (UAE) are top of the list. Their shopping...

SMBs
Neat Co. Adds Features to Bookkeeping Platform for Small Business
May 04, 2022

The Neat Company, which develops bookkeeping automation and document management tools for small businesses, has upgraded it financial management platform, a Neat press release said. The press release said the new capabilities include more mobile features, simplifying the creation and management of invoices, giving a...

SMBs
UAE-Based SMBs Generate 46% of Sales on Digital Platforms, Lowest in 6-Country Study
May 03, 2022

Digital platforms play a key role in the increasingly connected global economy, enabling businesses across all sectors to reach more potential customers both at home and abroad. For small- and medium-sized businesses (SMBs) which generate a greater portion of their sales on digital platforms than...

SMBs
Data Point: Indexing 19% Above the 2020 Crater, Main Street SMBs Roar Back in Q1...
May 03, 2022

Pandemic recovery is real and making its way quantifiably across America’s cities and regions. According to The Main Street Index: How America’s Small To Mid-Sized Businesses Are Rebuilding For A Post-Pandemic Economy, powered by Melio, our quarterly measure of business health on Main Street USA...

SMBs
Main Street Businesses’ Health Now 6.2% Better Than Last Pre-Pandemic Reading
April 27, 2022

Financial health of Main Street small- to medium-sized businesses (SMBs) has improved for four consecutive quarters, according to the latest edition of “The Main Street Index,” a PYMNTS and Melio collaboration based on a survey of 532 owners of Main Street SMBs. Get the report:...