Alibaba discusses its U.S. B2B eCommerce strategy, analysts criticize auditors’ role in reverse factoring, and SMBs’ online lending surge raises borrower protection concerns
| | | | BUSINESS-TO-BUSINESS EDITION | | Why B2B Payments Should Take A Page From B2C's Playbook Itâs time for B2B payments to catch up to B2C and make the leap into the digital realm â an urgency illuminated by the fact that 90 percent of manufacturers are beset by late payments. Brandon Spear, president at MSTS, tells Karen Webster that better data through the order-to-cash cycle can help align seller and buyer payment processes. |
| Aussie Auditorsâ Role In Reverse Factoring Disclosure Questioned Scrutiny over corporates' use of supply chain finance continues to grow around the world as analysts question how reverse factoring may hamper transparency for investors. Now, analysts in Australia are criticizing auditors for failing to disclose clients' supply chain finance arrangements, heightening the debate over accountants' role in elevating corporate financial wellness. |
| | B2B Marketplaces | | Alibaba On Why US Is The 'Testing Ground' For Global B2B eCommerce With roughly a third of its business buyers in the U.S., Alibaba has recently opened its platform to American B2B sellers. Kivanc Onan, head of B2B North American Financial Products at Alibaba Group, tells Karen Webster why the U.S. is the testing ground for how this global internet giant plans to expand globally, and foster trust between those cross-border buyers and suppliers. |
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