FTC takes action against firm allegedly posing as SBA lender, lawmakers want cannabis included in SMB relief, and CBX on how retail suppliers optimize vendor relationships
| | | | BUSINESS-TO-BUSINESS EDITION | | The B2B Contract Finds Its Strategic Role In Procure-To-Pay Manual procurement processes have corporates negotiating contracts with their buyers and suppliers that ultimately aren't enforced, resulting in wasted time and, most likely, wasted money. Icertis General Manager of Product Management Vivek Bharti describes the shifting role of contract management in ensuring B2B relationships stick to their word on payments and performance. |
| Supplier Payment Terms Swing Wildly, From 5 To 180 Days B2B vendor payment habits are in flux, but not all businesses are reacting the same way to market disruption. Supermarkets are accelerating supplier payments, while clothing retailers are stretching them out â or canceling them altogether. PYMNTS rounds up the latest data across the spectrum of invoice payment strategies. |
| | Supply Chain Management | | For Retail Supplier Relationships, Less Is Sometimes More While coronavirus has corporates seeking ways to maintain their existing supplier relationships, in the retail space, the disruption presents a unique opportunity to do just the opposite. CBX Software Senior Vice President Eric Linxwiler tells PYMNTS why retail buyers are looking to trim the supply chain fat and maintain a smaller supply base even after the pandemic. |
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