Sysco’s three-pronged expense management strategy, Velocity Sellers on what’s ahead for Amazon’s B2B influence, and payroll firm P&I re-acquired by Hg
 

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

December 26, 2019

       BUSINESS-TO-BUSINESS EDITION

B2B eCommerce

The Uncertain Future Of Amazon's B2B Influence

The evolution of B2B eCommerce has historically been driven by the demand for an Amazon-like experience — with Amazon's own B2B operations poised for significant growth. But in 2020, Velocity Sellers Co-founder Jake Schwarzbaum predicts challenges ahead for Amazon's B2B position amid its recent loss of a major government contract, continued scrutiny of tech giants and even the revival of brick-and-mortar for business buyers.

 

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Accounts Receivable

Accounts Receivable Realigns Its Focus To User Experience

The recent trend of the convergence of accounts payable and accounts receivable placed an emphasis on data integration and solutions that can tackle friction for both ends of a B2B transaction. In the year ahead, this trend will evolve further, predicts Deluxe Treasury President and CEO Barry McCarthy, with a focus on the end-user an emerging priority for B2B FinTech. In AR, that means a better user experience, not only for B2B suppliers, but for their paying customers, too.

 

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Workforce Spend Playbook™

Behind Sysco's Spend Management Switch To Cards

Manual expense management processes leave employees fronting corporate expenses and skirting corporate policies – something that food management and distribution company Sysco is all too familiar with. In the latest Workforce Spend Playbook, Brent Anderson, Sysco's senior director of finance policy and internal controls, tells PYMNTS how the combination of card products and analytics tools helped eliminate the need for employees to pay for expenses out of pocket, while ensuring expenses remain in check and in compliance.

 

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