Chaser

MARCH 9, 2023

Payment remittance is the process of transferring funds from a payer to a payee. In B2B invoice payments, pay remittance refers to the payment made by the purchaser to settle the outstanding invoice amount due to the supplier. It's hard to understate the importance of pay remittance in B2B payments.

Invoice Amount 52

Invoice Amount 52

MSCCM

SEPTEMBER 30, 2022

B2C payments are thoroughly digitized and automated, but B2B payments are still frequently paper-based. In fact, recent data estimates 50% of B2B payments are still made via paper check. With innovations in payment technology available to streamline B2B payments, there’s no better.

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MSCCM

JUNE 2, 2022

From digitization to fraud, what should you look out for in the B2B payment world in the second half of 2022? Read More » The post B2B Payment Concerns in 2022 first appeared on MSCCM. The post B2B Payment Concerns in 2022 appeared first on MSCCM.

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TreviPay

AUGUST 30, 2023

Because the B2B payments flow tends to have multiple stakeholders and numerous layers of infrastructure, it’s a complex process. Fortunately, TreviPay has all the pieces in place to simplify this complex B2B buying journey.

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Credit and Collections B2B Credit Bad Debt Transactions 52

Emagia

NOVEMBER 16, 2022

But when it comes to business-to-business (B2B) digital payments, that satisfaction can quickly turn to frustration if the process isn’t streamlined and efficient on your B2B customer payment portal. From different types of payments (e.g., Why is the Customer Payment Portal Essential in the Digital era?

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Payment Portals Transactions 52

apruve

AUGUST 30, 2022

The B2B payments landscape is changing rapidly as the business world transitions to digital. B2B buyers seek the same simple purchasing experience they have in their personal lives with payment pioneers like Amazon and Venmo. Experts predict that within three years, 50% of B2B payments will happen digitally.

Days Sales Outstanding 52

Days Sales Outstanding DSO Transactions 52

FundThrough

NOVEMBER 14, 2022

If you’re a business-to-business (B2B) marketplace, mobile application, or ecosystem looking for a B2B payments platform to complement your business, there are several options out there, each with its pros and cons. So how do you know which one is right for you?

Small Businesses 52

Small Businesses 52

Emagia

DECEMBER 4, 2022

And now, they’re also being used to help improve the customer experience on payment portals. Payment portals are often seen as a necessary evil – we need them to make payments, but they can be complicated and time-consuming to use. The post How Digital Assistants can improve CX on Your B2B Customer Payments Portal?

Payment Portals 52

Payment Portals 52

Credit Research Foundation

APRIL 12, 2024

As shared by CRF’s Friend of the Foundation, Lowenstein Sandler , the implementation and maintenance of a credit card program can produce value beyond just accepting a payment. In essence, the customer has payment options that, coupled with today’s digital platforms, provide a seamless opportunity in the order-to-cash process.

Credit Card Companies 195

Credit Card Companies B2B Credit Bad Debt DSO 195

GoCardless

JANUARY 25, 2019

B2B payments are stuck in the past. Cumbersome processes rule the roost, with problems including a high level of failed payments, and high amounts of admin. But what does the future of payments look like for the industry?

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GoCardless

NOVEMBER 7, 2022

How are B2B payment processing solutions different to B2C solutions?

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TreviPay

NOVEMBER 20, 2023

B2B companies have struggled to meet the digital desires of today’s business buyers, who have been spoiled by the ease of B2C purchasing experiences. Although it’s commonly accepted B2B trends lag behind consumer-focused initiatives, business customers still want—and expect—fast and frictionless transactions. average of 2.2

Credit and Collections 105

Credit and Collections Transactions Credit Application 105

GoCardless

NOVEMBER 24, 2021

A good B2B payment solution can reduce transaction fees.

Transactions 40

Transactions 40

GoCardless

NOVEMBER 23, 2021

Despite the pandemic, the B2B payments market continues to climb.

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Your Virtual Credit Manager

MARCH 12, 2024

In B2B commerce, payment systems often rely on manual processes — think paper invoices and checks. It’s critical you identify inefficiencies by analyzing cash conversion cycles, accounts receivable cycles, credit risk profiles, and payment histories.

AR Transformation 100

AR Transformation Credit and Collections Accounts Receivable (AR) Order to Cash 100

The Corcentric Blog

JUNE 30, 2022

Think of digital transformation as the maturing of your B2B payments from manual to efficient, scalable, reliable, and on to agile.

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GoCardless

NOVEMBER 22, 2021

Could a B2B payment system transform your business?

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Credit Tools

NOVEMBER 20, 2023

What are the fundamental principles to follow when dealing with payment terms between businesses? What kind of payment terms should be used? How should they be put into action?

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SAP Credit Management

JULY 21, 2023

Background: As part of SAP’s portfolio engagement, the Innovation Office has collaborated with VISA to create a new B2B payment solution for SAP customers. Our collaboration involved developing a B2B payment service running on SAP BTP (Business Technology Platform).

Credit and Collections 159

Credit and Collections Small Businesses 159

TreviPay

APRIL 19, 2024

By 2029, global B2C eCommerce revenue is forecast to exceed $5 trillion , while the global B2B eCommerce market may be valued at a whopping $36 trillion by 2026. Cross-border eCommerce occurs either business-to-business (B2B), business-to-consumer (B2C) or business-to-government (B2G). B2B sales in 2020 to 14% in 2023, and 33% for U.K.

Credit and Collections 52

Credit and Collections Transactions 52

TreviPay

DECEMBER 12, 2023

Cultivating a lasting customer experience in B2B hinges on delivering exceptional user experiences (UX) that support a clean, streamlined payments experience. Fuel Innovation through Iteration As B2B buyers’ expectations change, the UX, specifically at payment is critical to earning repeat business.

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TreviPay

NOVEMBER 6, 2023

Mobile payments and Superapps make the transition from choosing a car to purchasing it seamless. What additional challenges are in the B2B space when it comes to digital commerce? Dots Divider Blue Integration with Legacy Systems: Many B2B companies have been in operation for decades and might rely on older IT infrastructures.

Transactions 106

Transactions 106

Enterprise Recovery

NOVEMBER 10, 2023

Debt collections between businesses (B2B) is the recovery of overdue payments for goods or services provided to another company. Understanding the intricacies of B2B debt collections is essential for businesses to manage their cash flow effectively and maintain healthy financial relationships with their clients.

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Debt Collections Invoice Disputes 84

TreviPay

AUGUST 31, 2023

Let’s dive into the stories of the businesses that have harnessed the power of TreviPay to elevate their payments operations to create lasting relationships with their clients. Lenovo: Enabling Flexible B2B Sales In the dynamic world of technology, global giant Lenovo sought to revolutionize its B2B sales strategy.

Transactions 98

Transactions 98

TreviPay

NOVEMBER 1, 2023

But no matter how well you know your B2B customers, there are always pain points they don’t tell you. It expands on the first section of our full report, The Data Is In: B2B Buyers Are Clamoring for Better Payments. Let’s start with a closer look at where business buyers think B2B sellers could do better.

Transactions 66

Transactions 66

TreviPay

APRIL 18, 2024

Download TreviPay’s guide to global expansion “7 Important B2B Payment Considerations for Global Expansion Strategy” to discover best practices for: Navigating Cross-Border Transactions Cross-border deals can come with challenges like setting up local accounts. Keep cash flowing and buyers smiling.

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Transactions 59

Credit Management Group UK

JANUARY 23, 2024

The idea of ringing customers to ask for payment can be a daunting thought for many; however, from my experience, it is a daunting task because of lack of confidence in the task at hand. Manage disputes effectively The faster your disputes are resolved, the faster you will receive payment.

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B2B Credit Credit and Collections Credit Management 87

Your Virtual Credit Manager

OCTOBER 24, 2023

Many, if not most, B2B credit and collection professionals tend to be introverts, rather than extroverts, and still do a fine job collecting debts. They also know the number of calls they have made or emails sent, the dollar amount of payment commitments, and the contacts needed to be made tomorrow and the rest of the week.

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Collector Credit and Collections B2B Credit Debt Collections 130

Your Virtual Credit Manager

DECEMBER 6, 2022

If your sales are consummated via payment at the point of sale, which may involve “pay with order” or “pay on delivery” protocols involving a credit card or an online e-payment product, managing Accounts Receivable (AR) will not be big issue for you. After collecting your payments you still have work to do.

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DSO Credit and Collections Bad Debt AR Aging 130

TreviPay

DECEMBER 15, 2023

On behalf of TreviPay, Windward Strategy , a B2B payments consultancy surveyed North American mid-market B2B suppliers. This survey aimed to uncover trends in B2B buyer purchase channels, credit granting and payment experiences. Suppliers find eCommerce promotes loyalty and is the lowest cost to serve.

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Cost to Serve Transactions 52

Credit Management Group UK

APRIL 21, 2024

However, unless you have a unique product or service that is in high demand, or in an industry where it is custom and practice to expect payment in advance, you may find you put you at significant disadvantage from competitors. The majority of B2B businesses offer credit terms to their customers.

Bad Debt 87

Bad Debt Credit and Collections Credit Management 87

TreviPay

APRIL 5, 2023

We sat down with Principal Analyst, Jacob Morgan from Forrester to continue our conversation in the webinar “ Taking on the Digital Invoicing and Payments Revolution ,” to discuss the current state of B2B payments. Read the Q&A below to learn more about the digital invoicing and payments revolution.

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TreviPay

DECEMBER 1, 2023

Delivering financing services to business-to-business (B2B) customers can make a big difference to a company’s growth. This is why, in the world of B2B eCommerce , embedded finance is not just a value-added service for most companies. Initially, this trend was not as popular in the B2B world. What is embedded finance?

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Credit and Collections Transactions Order to Cash Default 52

Your Virtual Credit Manager

DECEMBER 19, 2023

If they are the result of a payment deduction (partial payment), an issue requiring an administrative solution, not handling the matter inflates your AR. Anytime there is a payment deduction or a partial balance is left on an invoice, it should be a matter of policy to resolve the underlying issue within 30 days.

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DSO Third Party Collections Credit and Collections Deductions 130

TreviPay

NOVEMBER 9, 2023

mobile payments and how data analytics and AI is going to change the game. Helping Brands Meet Buyer Demand Helping TreviPay’s B2B clients both grow and automate their A/R processes is core to our value proposition. Providing payment choice, convenience and customization has never been more important.

Transactions 59

Transactions 59

TreviPay

APRIL 11, 2023

It sells to both B2C and B2B, including corporate, resellers, insurers, government funded bodies and SMBs. Pressures on OPEX stemming from competitive forces, the economy and low return on capital employed had left them in a position of needing to reassess resource deployment for growing B2B. Billion in 2023. Why TreviPay?

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DSO Bad Debt Credit and Collections Order to Cash 52

Grit

APRIL 24, 2024

Speaking of which, if the payment has gone through and been captured or approved, you won’t be able to re-authorize or re-charge that same order. However, you cannot recharge or get a new payment on that same order. You can’t recharge or get a new payment on the same existing order.

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