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Spend Management

The Middle Market Gets A Jump-Start On Spend Management

For all the friction involved in making a B2B payment, what happens before a transaction is initiated can be similarly headache-inducing. Stanton Jandrell, CEO of spend enablement firm Fraxion, discusses the role data plays in mitigating spend risk before any money leaves an organization's coffers.

SMB Banking

Bank Mistreatment Of SMBs Goes To UK Supreme Court

Pressure on U.K. lawmakers to tackle banks' mistreatment of small businesses (SMBs) continues to mount. Now, MPs are approaching the Supreme Court to make legislative changes that would allow SMBs to sue their banks, with critics arguing compensation schemes and dispute resolution services as inadequate remedies.

Trade Credit’s $3.1T Squeeze On US Businesses

When it comes to paying for goods or services, businesses have a long-standing tradition of buying now and paying later. On any given day, the net amount firms owe to those businesses comes to a staggering $3.1 trillion. The Trade Credit Dilemma Report, the product of an extensive PYMNTS survey of more than 1,000 firms, reveals that trade credit is far from an innocuous tradition. In fact, it imposes a severe strain on U.S. businesses — in particular, SMBs. Here’s how.

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