PYMNTS-MonitorEdge-May-2024

AR

Augmented reality is an interactive experience of a real-world environment where the objects that reside in the real world are enhanced by computer-generated perceptual information, sometimes across multiple sensory modalities, including visual, auditory, haptic, somatosensory and olfactory.

Source: en.wikipedia.org

Collaborative Commerce Simplifies Accounts Payable and Receivable Process, Strengthens Business Ties
Collaborative Commerce Simplifies Accounts Payable and Receivable Process, Strengthens Business Ties
October 13, 2021  |  B2B Payments

To borrow from Robert Frost’s “good fences make good neighbors” quote, it would seem that good payments make good partners too.  That is to say, the...

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70% of CFOs Say Making AR Processes Transparent Would Boost Customers’ Lifetime Value
70% of CFOs Say Making AR Processes Transparent Would Boost Customers’ Lifetime Value
October 12, 2021  |  Accounts Receivable

Simple mistakes such as an incorrect billing address or pricing selection can slow down payments from B2B customers and cause devastating cash flow issues. When...

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Visa: Consumerization of Business Payments Starts With Collaborative Commerce
Visa: Consumerization of Business Payments Starts With Collaborative Commerce
October 05, 2021  |  B2B Payments

Within B2B payments – marked by paper checks, PDF invoices and an ongoing scourge of late payments – there’s no lack of imagination in mulling...

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76% of Healthcare Firms Willing to Innovate Accounts Receivable for Cost Savings 
76% of Healthcare Firms Willing to Innovate Accounts Receivable for Cost Savings 
October 04, 2021  |  Healthcare

When hospitals and clinics seek payment for services rendered, their interactions with claims processors and insurance companies generally include exchanging information, following up on payment...

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Two-Thirds of Businesses See Friction From Poorly Integrated Payments Processes 
Two-Thirds of Businesses See Friction From Poorly Integrated Payments Processes 
October 04, 2021  |  B2B Payments

As companies hunt for solutions and technologies that can help streamline B2B payments, consolidating them in a single platform that offers a transparent view of...

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New Data: 67% of Insurance Carriers See Need to Digitize Payments
New Data: 67% of Insurance Carriers See Need to Digitize Payments
September 27, 2021  |  Insurance

Small businesses that have experienced property loss or damage rely on their insurance companies to give them the funds they need to get back on...

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Today in Data: Easy Returns Drive Loyalty, Amazon and Walmart Battle, AR Drives Store of the Future
Today in Data: Easy Returns Drive Loyalty, Amazon and Walmart Battle, AR Drives Store of...
September 20, 2021  |  Today In Data

Augmented reality is at the heart of the connected store of the future. Plus, we explore balancing the cost of easy returns and customer loyalty,...

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Digitizing the Cash Application Process Reduces Supplier DSOs by 30%, Improves Cash Flow
Digitizing the Cash Application Process Reduces Supplier DSOs by 30%, Improves Cash Flow
September 17, 2021  |  Accounts Receivable

The past year and a half has seen no shortage of technological transformations – and, increasingly, companies have set out to “make over” their accounts...

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Checks Are Still ‘Huge Pain In The Butt’ For B2Bs, But Change Is Coming
Checks Are Still ‘Huge Pain In The Butt’ For B2Bs, But Change Is Coming
September 15, 2021  |  Payment Methods

Small and medium-sized businesses have been commended for their quick adoption of digital tools to help facilitate transactions with consumers, but on the B2B end...

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