Amazon's Hospital Procurement Slowdown | Data's Faster Freight Payments Objective | New Law Targets SMB Cash Seizures

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Hospitals' use of Amazon on the wane, Kuebix eyes shipping data's opportunity, and new law to protect SMB cash
 

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

July 112019

       BUSINESS-TO-BUSINESS EDITION

B2B Payments

Beyond Correspondent Banking — Time For Cryptos And Blockchain?

B2B payments are in the crosshairs for a number of firms. Might blockchain and cryptos aid in cutting paper from the process? BitPay Chief Commercial Officer Sonny Singh tells PYMNTS that the pairing of digital currency and DLT can help overcome the inefficiencies of the correspondent banking system.

 

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Tracker Watch

The Accounts Payable Discrepancy: Same Day ACH vs. Checks

Accounts Payable (AP) is a conundrum. Paper checks are among the least-liked yet most-common payment vehicles by AP professionals surveyed by PYMNTS for its first Payables Friction Playbook. Same Day ACH scored the highest satisfaction score, showing AP execs want speed and digitization. So why do checks continue to reign?

 

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Logistics

Unlocking Shipping Data For Faster Freight Payments

Transportation management systems have opened new opportunities for firms to consolidate shipping data, streamline operations, and connect with freight carriers. Dave Lemont, CEO of TMS provider Kuebix, says integrating with enterprise resource planning (ERP) systems takes shipping efficiency a step further to promote faster payments and cost savings — with further opportunities in data analytics, he tells PYMNTS.

 

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What's Hot

UBS: Amazon's Presence In Healthcare Procurement Waning

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Best Of Yesterday

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Bumble Bee Positive On Supply Chain Via Blockchain

Why Jobs And Economic Growth Aren't Always Good News For SMBs

 

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