B-to-B payments

Companies and staff should not spend time doing manual work tied to T&E , writes Sunny Manivannan, general manager of Coupa Expenses.

UPS Capital has launched an online business-to-business payments service that will allow transactions licensed by escrow in a matter of minutes, rather than using a letter of credit or other options that can take up to two weeks to complete.

Unless security systems are implemented thoughtfully and provide a comprehensive view of an organization’s end-to-end security position they’re little more than a distraction, writes Luis Rojas, vice president of product management for cyber fraud and risk management at Bottomline Technologies.

With clients seeking a faster way to reimburse employees for expenses, Shoeboxed turned to payments technology provider Dwolla to help create Fetch.

Improving accounts receivable can produce predictable cash flow that can be invested, lead to more innovation and increase overall efficiency, writes Flint Lane, CEO of Billtrust.

The evolution of the workforce away from traditional 40-hour per week full-time staff is making it harder to handle corporate travel expenses.

Much like the consumer retail acquisition market, business payment companies are expanding the appeal of transaction automation by tying it to international growth and value-added merchant services.

The move to faster processing has a lot of names, but the most important advancement will be the certainty that the transaction was successfully completed, writes Gene Neyer, head of industry and regulation at Finastra.

Another goal of the integration is to encourage more small businesses to convert from paper to electronic payments.

Most executives see the value of the technology, but are still looking for definitive use cases before taking the leap.