late payments

86% of Construction Firms Blame Late Payments on Productivity Declines
86% of Construction Firms Blame Late Payments on Productivity Declines
January 23, 2023  |  B2B Payments

A potential housing sector recession is on the horizon, with new construction and building permits falling as homebuilder confidence has sagged to its lowest level...

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Small Business Eager to Tap $51 Billion Embedded Finance Market
Small Business Eager to Tap $51 Billion Embedded Finance Market
December 09, 2022  |  Banking

Small to midsized businesses (SMBs) often face a legion of challenges when attempting to process payments swiftly and securely. Incorrect invoices, insufficient cash reserves and...

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PYMNTS Intelligence: How Early Wage Access Can Equal Loyalty
PYMNTS Intelligence: How Early Wage Access Can Equal Loyalty
November 15, 2022  |  Money Mobility

The business world has transformed over the last few years as the global pandemic spurred a move away from centralized teams and toward a more...

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Kolleno Makes Strides on B2B Account Simplification
Kolleno Makes Strides on B2B Account Simplification
May 01, 2022  |  B2B Payments

Kolleno, a FinTech working on simplifying B2B accounts through automated key credit control functions and intelligent omnichannel communication, has been trying to help out with...

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Predictive Analytics Smooth AR Processes and Cash Flow
Predictive Analytics Smooth AR Processes and Cash Flow
April 19, 2022  |  B2B Payments

At a time when three-quarters of businesses say they plan to invest in accounts receivable (AR) automation, predictive analytics has come to the fore. Predictive...

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New Research Shows Payments Automation Reduces Transaction Errors, Delays
New Research Shows Payments Automation Reduces Transaction Errors, Delays
April 11, 2022  |  B2B Payments

The payments delays and errors common in B2B transactions stem from many sources, but a leading factor is a reliance on manual payments processes such...

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Tech Solutions for Payments Are Central to Optimizing Supply Chain
Tech Solutions for Payments Are Central to Optimizing Supply Chain
April 01, 2022  |  Supply Chain

The global wholesale sector is expected to experience significant growth by the end of 2022, but late payments continue to be an issue that continually...

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SMBs See Mixed Results From $28B Spend to Encourage On-Time Supplier Payments
SMBs See Mixed Results From $28B Spend to Encourage On-Time Supplier Payments
March 03, 2022  |  B2B Payments

The average small- to medium-sized business (SMB) receives 72 one-off or nonrecurring ad hoc payments for services rendered or products delivered each year. These are...

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73% of Independent Contractors Would Switch to Freelance Marketplace for Better Payment Experience
73% of Independent Contractors Would Switch to Freelance Marketplace for Better Payment Experience
February 09, 2022  |  B2B Payments

Delayed payments can strain companies’ working relationships with independent contractors. These late payments can impact the freelancers’ financial health and strain their trust in the...

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