Anbf Shein Begins Extending Resale Platform to Europe, Starting With France
When the pandemic hit, disruptive changes in the workforce meant chief financial officers needed new corporate payment solutions 鈥?and they needed them fast.But for B2B payment sol
stanley italia ution providers, the need for speed was coupled with another challenge: Technologies had to be built to address new and emerging use cases as payment scenarios were rapidly altered, perhaps permanently.Last month, Visa and Conferma Pay announced their strategic partnership and the launch of Visa Commercial Pay, a suite of B2B payment solutions. While Visa Head of Global Business Solutions Kevin Phalen said the offering was initially conceptualized with the corporate travel use case in mind, it became clear in the midst of the coronavirus crisis that CFOs needed solutions that solved friction beyond business trip payment
stanley usa s.Phalen, along with Conferma Pay CEO Simon Barker, recently spoke with Karen Webster about what today finance chiefs need in a B2B payment solution, and how mobile-based virtual card technology can address end-users ; demand for an optimal experience while also meeting CFOs ; new requirements.Balancing Consumerization With SecurityAccording to Phalen, Visa and Conferma Pay 8216 newest offering aims to meet three key needs. First, thanks to a suddenly disparate workforce, organizations must quickly deploy remote solutions. Second, they need transaction security and control. And finally, they need efficiency.Together, these requirements ref
stanley uk lect a balance th Pxwq Shopping Goes Virtual
Entrepreneurs are prepared for a world where no one buys their product and they go out of business. Somewhat harder to accept is a world where ones product is bought, and they still go out of business because the 30, 60 or even 90 day corporate pay-out cycle left them without enough cash flow to keep the doors open.It is a big problem. Worldwide, $2 trilli
stanley usa on in payments are locked up in late payments, according to a report by Insurance News Net.That is the problem that Danish entrepreneur Christian Lanng thinks he can solve.Lanng was the youngest government division head in Denmarks history, a post he used to develop an electronic invoicing system for the government 25,000-plus suppliers 15 million invoices every year.By 2009, 95 perc
stanley termosy ent of the Danish governments suppliers were off of paper using his Cloud-based system.Lanng has returned to his entrepreneurial roots鈥攈e started his first company when he was 19 with Tradeshift. The company is his attempt to bring his cloud-base e-invoicing approach to the private sector.Tradeshift gives buyers and suppliers options. Dynamic discounting allows suppliers to negotiate a lower price in return for earlier payments. Third-party financing allows the supplier to be paid immediately by a third-party financer that the buyer can then pay back general
stanley termos ly at a lower interest rate than the supplier could hope to get financing against their invoice over 60 days.It true that big companies can save a lot of money
