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12 Dec '23

B2B payments: What to expect in 2024

The accelerated transformation in B2B payments seen in the last three years is set to continue into 2024 and beyond. As businesses look for more efficient ways to make and take payments and even fund their operations and growth initiatives, digital B2B payment technology is proving to be an effective solution.

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6 Dec '23

Not getting paid on time? It might not always be the customer’s fault

Payment technology has emerged as a pivotal force driving substantial change in accounting systems and processes. The pace of this change is prompting businesses to complete a comprehensive reevaluation of their financial transaction practices. From streamlining invoicing procedures to strengthening cash flow management, innovation in payment technology is not only revolutionising financial processes but also significantly reshaping the professional landscape for accounting professionals. This article delves into the influence of tech-driven payment solutions on the accounts receivable and accounts payable functions, and its impact on employee productivity and engagement. Keep reading to learn more.

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27 Nov '23

How payment technology is transforming accounting

Payment technology has emerged as a pivotal force driving substantial change in accounting systems and processes. The pace of this change is prompting businesses to complete a comprehensive reevaluation of their financial transaction practices. From streamlining invoicing procedures to strengthening cash flow management, innovation in payment technology is not only revolutionising financial processes but also significantly reshaping the professional landscape for accounting professionals. This article delves into the influence of tech-driven payment solutions on the accounts receivable and accounts payable functions, and its impact on employee productivity and engagement. Keep reading to learn more.

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21 Nov '23

Extended payment terms: A win-win for businesses and their customers

Late payments continue to impact businesses of all sizes, disrupting cash flow, straining relationships, and impeding growth.

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8 Nov '23

Understanding the role of a payment facilitator and how to choose the right partner for your business

Online payment platforms and mobile apps have made it possible to make quick, secure, and convenient transactions that once required time-consuming paperwork and in-person interactions.

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3 Oct '23

How accepting credit cards can benefit your business

As cash flow pressures persist, businesses need to look for smart ways to effectively manage their finances without causing inconveniences for their trading partners

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6 Sep '23

Understanding the dynamic link between accounts receivable and accounts payable

Accounts Payable (AP) and Accounts Receivable (AR) functions are distinct but interconnected components of the financial process.

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23 Aug '23

Embedded finance: A game changer for B2B trade

Optimising and digitising payment processes and improving customer experiences are vital for businesses wanting to stay ahead of the curve.

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15 Aug '23

Five ways to optimise your payment collections process

Efficient management of accounts receivable is crucial for businesses of all sizes. It serves as the lifeblood of healthy cash flow, enabling businesses to better allocate resources, invest in strategic initiatives, and grow faster.  

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7 Aug '23

How synergies between order-to-cash and procure-to-pay processes drive better business efficiencies

The order-to-cash (O2C) and procure-to-pay (P2P) processes are two essential frameworks that help businesses effectively manage their sales, procurement, and payment activities.

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27 Jun '23

Five reasons why businesses need to adopt efficient payment systems to survive

In today’s rapidly evolving and fast-paced world, only businesses that adapt and innovate survive. The prospect of economic uncertainty can prompt businesses to adopt sweeping cost-cutting measures as a way of surviving, but this often creates more problems and does not address inefficiencies at their cause.

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13 Jun '23

Is your business paying enough attention to payment security?

In recent years, the payments ecosystem has experienced significant transformation, largely brought on by the emergence of new technologies and the acceleration of digital transformation.