DOJ finds evidence of PPP loan fraud, OnPay eyes the challenge of invoice-to-pay digitization, and RBS shutters challenger bank Bo to focus on SMBs
 

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

May 4, 2020

       BUSINESS-TO-BUSINESS EDITION

SMB Accounting

Bringing The eCommerce Business Model To SMB Accounting

As accountants become strategic allies to small businesses, aiding SMB clients’ digital migration is imperative, especially today. SCS Managing Director Alan Chang says there is a unique opportunity for the accounting profession to embrace the B2B eCommerce business model to help small firms in Singapore digitize, as well as launch operations and open bank accounts across borders, all while business owners continue to work from home.

 

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Data Digest

Supplier Payment Rallying Cries Grow Louder

As the data around the economic toll of the pandemic rolls in, rallying cries from around the world are growing louder to support small businesses. Increasingly, those cries include calls to action for corporates to pay their small suppliers as more vendors struggle with late and delayed payments. This week's B2B Data Digest takes a look at the latest numbers behind delayed B2B payments and the initiatives designed to alleviate the cash flow pain.

 

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PODCAST: Digitizing The CFO's Office

Buyers And Suppliers Tackle The Invoice-To-Pay Digitization Journey

With organizations thrust into a volatile climate, accounts payable and accounts receivable teams recognize paper checks and invoices are no longer viable – but find some processes are more easily digitized than others OnPay Solutions CEO and President Neal Anderson tells Karen Webster why electronic B2B payments are the low-hanging fruit, while eInvoicing may present a greater challenge for corporates.

 

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What's Hot


RBS Shutters Bó To Focus On SMB Challenger Bank Mettle


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Corporate Ransomware Payments Up In Remote Working Environment


DOJ Finds Evidence Of PPP Loan Fraud


PPP Recipients To Lose Valuable Tax Breaks


Best Of Yesterday


Contextualizing The SMB Credit Score Through Open Banking


Why Accounts Receivable Is Warming Up To Digital Currency


Challenger Banks Raise The Stakes (And The Cash)


 

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