B2B Payments

The highly complex payments processes and networks that power $120 trillion in payments flows that move between businesses globally each year. The B2B Payments ecosystem is undergoing a massive digital transformation as corporates move away from paper-based processes and payments methods to digital workflows that more efficiently move money and data between trading partners. These efficiencies give corporates more visibility into their cash position across their supply chain and innovations in accounts payments and receivables are helping buyers and suppliers to align on payments terms and trade credit.

Romania’s Factoring Use Down 9 Percent
Romania’s Factoring Use Down 9 Percent
September 11, 2014  |  B2B Payments

Romania’s use of factoring, where businesses sell their accounts receivable, such as invoices, to a third party at a discount, reportedly was down during the...

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U.S. Army Awards Accenture ERP Contracts Worth $53 Million
U.S. Army Awards Accenture ERP Contracts Worth $53 Million
September 11, 2014  |  B2B Payments

The General Fund Enterprise Business System, which ties in to the supply-acquisition processes that support U.S. Army missions, is no small operation. It manages more...

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What One UK Agency Spends Using P-Cards
What One UK Agency Spends Using P-Cards
September 10, 2014  |  B2B Payments

The United Kingdom’s Foreign and Commonwealth Office, whose purpose is to support the country’s interests overseas and is responsible for safeguarding the UK’s national security,...

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Amex Global Travel Takes Off With New Travel Management Service
Amex Global Travel Takes Off With New Travel Management Service
September 10, 2014  |  B2B Payments

American Express Global Business Travel (GBT) wants to get more personal with its business clients. The launch involves a team of specialized travel advisers. “Our...

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The Fuel Card Group Targets Fleet Management
The Fuel Card Group Targets Fleet Management
September 10, 2014  |  B2B Payments

The Fuel Card Group sees fleet management as where it should focus its efforts, roughly two years after it launched a mileage capture system. “Mileage...

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eBay’s Impact On B2B Bitcoin Payments
eBay’s Impact On B2B Bitcoin Payments
September 10, 2014  |  B2B Payments

eBay’s announcement this week that its Braintree unit plans to start accepting bitcoins in the next few months suggests that not only will consumers be...

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B2B ePayments: The Pros And Cons
B2B ePayments: The Pros And Cons
September 09, 2014  |  In Depth

A variety of alternatives exist for B2B payments, and each has variations that require consideration, both for their positives and negatives. How long is the...

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GSA App Enhances Government Procurements Process
GSA App Enhances Government Procurements Process
September 08, 2014  |  B2B Payments

When procuring products and services, the U.S. General Services Administration’s Public Building Service (PBS) recently got a bit smarter. Earlier this year it deployed a...

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Census Bureau Acts On Improved Cross-Border Trade System
Census Bureau Acts On Improved Cross-Border Trade System
August 26, 2014  |  B2B Payments

In February, President Obama signed an executive order designed to streamline the import and export process for American businesses. The order is designed to cut...

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