Visa and Conferma Pay discuss CFOs’ newest B2B payment challenges, Tipalti partners with Plastic on corporate card payments, and Procurement Partners talks easing healthcare’s biggest procurement pains
| | BUSINESS-TO-BUSINESS EDITION | Procurement Tech Offers Relief To Healthcare Firms Stretched To The Brink The healthcare industry faced no shortage of challenges in the procurement process since the pandemic hit, from product unavailability to vendor fraud. Even as a vaccine approaches, the procure-to-pay process continues to be marred by complexity for an industry stretched to the brink, making digitization a difficult task. Rusty Zosel, CEO of Procurement Partners, spoke with PYMNTS about what heâs seen this far and how technology is helping to ease the procurement burden on healthcare facilities. |
Strategizing Accounts Receivable To Drive Accounts Payable Modernization Digitizing and modernizing B2B payments cannot be a one-sided effort. Increasingly, FinTechs and the businesses they serve are pulling double-duty with solutions that tackle both accounts receivable and accounts payable friction for each end of the B2B transaction. This week's look at the convergence of AR and AP explores the strategy of modernizing AR to drive electronic B2B payment behavior on the AP side. Plus, commercial cards dig their heels into adding value for both buyer and supplier. |
| PYMNTS TV: B2B Payments | Visa, Conferma Pay: Digital-First CFOs Demand Speed, Security â And Mobile The pandemic laid bare the need for chief financial officers to deploy solutions to a remote workforce and in response to use cases they never once contemplated â perhaps permanently. Visa Head of Global Business Solutions Kevin Phalen and Conferma Pay CEO Simon Barker told Karen Webster why speed, security and mobile are key to tackling CFOsâ evolving pain points. | | |
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