Straight-through processing ensures that payments are delivered electronically, automatically and without scope for error. Buyer and supplier payments staff can escape the purgatory of manual processes while avoiding human errors that can ripple through a payment ecosystem.
Category: Payments 101
As payments fraud continues to increase, treasury and finance executives are upping their game to ensure their organization isn’t exposed. While check and ACH payment — the least secure types of payment — are the most vulnerable to fraud, more companies than ever before are reporting fraud or attempted fraud.
Welcome to Smart B2B Finance, a monthly blog series designed to summarize some of our favorite financial posts and help financial professionals focus on the trends and topics that matter most.
The benefits of card payment fees aren't limited to one side of the transaction. In this video, Jon Edelstein, Finexio's head of product, tackles the benefits for both buyer and supplier in B2B payments.
Finexio's Head of Product Jon Edelstein talks through the different types of pricing charged by merchant processors, and how businesses can use this fee structure to their advantage.
In a B2B environment, there's business value in making supplier payments via virtual card. Jon Edelstein, Finexio's head of product, introduces those benefits in our first installment of Finexio's whiteboard video series.