How SMBs can accelerate their access to cash, Basware launches business unit for SMBs, and SAP Concur closes down Hipmunk
| | | | BUSINESS-TO-BUSINESS EDITION | | When Email Becomes SMBs' Biggest Security Threat The business email compromise scam continues to manifest in new forms, reflecting the growing sophistication of fraudsters' attack on accounts payable departments. Tessian CEO and Co-founder Tim Sadler spoke with PYMNTS about how the BEC is so successful, and why it's not the only financial cybersecurity risk lurking in company email inboxes. |
| APIs Pull Double-Duty With AP, AR Automation Accounts payable (AP) and accounts receivable (AR) solution providers are increasingly introducing new tools that acknowledge the interconnectivity between these two functions. PYMNTS' latest look at this convergence shows an opportunity for application programming interfaces (APIs) to facilitate this trend, particularly when it comes to automating AR and AP for the same end-user. |
| | Small Business Guide To Rapid Settlement Report™ | | New Data: 75 Pct. Of SMBs Say Slow Settlement Creates Cash Flow Crises Faster access to cash is what every business wants, but new data shows that 75 percent of small and microbusinesses say not having faster access to proceeds from sales can cause cascading problems, from delaying vendor payments to even missing payroll. For the new Small Business Guide To Rapid Settlement Report, PYMNTS surveyed nearly 500 SMBs and found that rapid settlement is important enough that more than half would switch to a provider that offers it. |
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