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.

How Amex Is Innovating Enterprise Payments
How Amex Is Innovating Enterprise Payments
September 24, 2014  |  B2B Payments

While it is easy to criticize B2B payment for being slow to change, its not always so easy to create products that offer something for...

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Scot Town Sees eInvoicing As A Cost-Saver
Scot Town Sees eInvoicing As A Cost-Saver
September 16, 2014  |  B2B Payments

The city council in Aberdeen processes some 75,000 invoices each year from 147 registered suppliers. To help it process those invoices more effectively, the Scottish...

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How To Make Government Payments Work
How To Make Government Payments Work
September 15, 2014  |  B2B Payments

Some 13 state agencies operating Women, Infants and Children (WIC) benefit programs have implemented electronic benefits transfer (EBT) initiatives to improve the efficiency of funds...

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For Carmike Cinemas, Procurement Was No Thriller
For Carmike Cinemas, Procurement Was No Thriller
September 12, 2014  |  B2B Payments

Carmike Cinemas Inc., which operates 276 theatres and 2,901 screens in 41 states, was having difficulty with its purchasing process and supplier relations. It also...

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ADM’s New eInvoicing System A Time-Saver
ADM’s New eInvoicing System A Time-Saver
September 12, 2014  |  B2B Payments

Until recently, Archer Daniels Midland (ADM) was having difficulty handling the millions of invoices it processes each year from thousands of suppliers. That ended when...

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Illinois State’s Attorney Reviewing School District’s P-Card Use
Illinois State’s Attorney Reviewing School District’s P-Card Use
September 11, 2014  |  B2B Payments

An Illinois school district’s use of purchasing cards (P-cards) has resulted in a potential local state’s attorney’s office investigation. The Peoria Journal Star reports that...

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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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