Thanks in part to the influx of gig workers and demands of key industries, enterprise small- to medium-sized business (SMB) payers are sending 28% more instant ad hoc payments than they did inSeptember. Ad hoc payments — those payments made outside of normal invoicing and...
Fifty-seven percent of the total accounts receivable (AR) transactional volume flowing into the coffers of small to mid-sized businesses (SMBs) comes in the form of nonrecurring, ad hoc payments. Yet, PYMNTS Intelligence found that in most cases, the process around receiving and processing these ad hoc...
The use of ad hoc payments by large enterprises to pay small to mid-sized businesses (SMBs) and individuals is on the rise — and exclusive data from PYMNTS Intelligence suggests lower costs and easier integration could be making them even more popular. Ad hoc payments...
The B2B landscape is on the cusp of the next era in payments innovation. As PYMNTS readers already know, this new and exciting era is being driven by an ongoing digital transformation of historical processes and an electronic streamlining of traditional workflow hiccups. In order...
September 04, 2024
In an era where technological advances promise unprecedented efficiency, small and mid-sized businesses (SMBs) contend with a persistent issue: delayed payments. This financial bottleneck, stemming from outdated processes and slow manual systems, threatens the stability and growth potential of SMBs. As the landscape shifts, a PYMNTS Intelligence report, “End the Wait: SMBs and the Protracted […]
April 18, 2024
Nonrecurring or ad hoc payments remain a significant part of the monthly revenues of small to mid-sized businesses (SMBs). One way that SMBs streamline the accounts receivable (AR) process is...
February 21, 2024
Small and medium-sized businesses (SMBs) heavily rely on ad hoc payments to sustain their cash flow. According to “How Instant Ad Hoc Payments Drive SMB Success,” a PYMNTS Intelligence and...
November 20, 2023
Automating accounts payable (AP) and accounts receivable (AR) can provide a crucial edge for mid-size firms. Most that have done so report increased efficiency and enhanced cash flow. Data further...
