![\"\"](\"https://www.pymnts.com/wp-content/uploads/2025/04/Instacart-Business-Balance-invoices.png\")
Tough times bring people together, and it\u2019s no different across the business landscape.
\nUncertainty in global markets isn\u2019t just about headline news. It\u2019s about daily operational reality. Tariff wars and shifting trade agreements have put pressure on both pricing and sourcing strategies. Finance must be able to forecast across multiple scenarios, and cash flow has become an imperative.
\nThe dynamism of today\u2019s operational realities is also rewriting the rules of B2B sales.
\nTraditionally, B2B sales strategies were the domain of sales and marketing teams. Chief financial officers (CFOs) were expected to provide oversight, manage risk, and keep an eye on compliance. But as the market grows more complex, so does the CFO\u2019s role.
\nIn this new era, CFOs can\u2019t afford to be passive participants in revenue strategy. Their expertise is essential for navigating everything from shifting regulations to cyber risk in payments and constructing contracts that are flexible, adjusting for material cost surges, and ensuring the business is protected from downside risk
\nRead also: How Payments Innovation Underpins All-Weather Businesses and Resilient Supply Chains
\nMany B2B contracts can now routinely feature clauses that allow for price adjustments in the event of significant cost swings. These additions, once the stuff of legal fine print, now are emerging as a potentially strategic lever.
\n\u201cWe\u2019re seeing prices go up,\u201d Shep Hickey,\u00a0CEO at metal digital marketplace\u00a0Bryzos, told PYMNTS. \u201cBusinesses are trying to conserve stock, and the easiest way to do that is raise prices or just stop selling \u2026 It\u2019s not what you paid for your inventory \u2014\u00a0it\u2019s what\u00a0it\u2019ll cost you to replace it.\u201d
\nBut perhaps the most transformative change in B2B sales strategy is happening in payments. The days of net-60 and net-90 terms as the default are numbered, driven in part by demand for cash flow transparency on both sides of the deal. This creates a backdrop where building out a B2B sales approach is a team sport, and finance is a key player.
\n\u201cA payment might be due in 30 days, but the buyer might typically pay in 45 or 60,\u201d\u00a0Boost Payment Solutions\u00a0CEO\u00a0Dean Leavitt\u00a0told PYMNTS this month. \u201cIf\u00a0suppliers\u00a0can get paid at day 30 for agreeing to accept commercial cards or other digital solutions, they do it. That gives them a working capital advantage.\u201d
\nOffering more ways to pay sounds simple, but it has profound implications for working capital and risk.\u00a0Automated payment platforms, virtual cards, smart invoicing, and buy now, pay later (BNPL) options are increasingly table stakes for B2B sellers. Finance\u2019s involvement is critical, and not just to vet the tools, but to structure sales incentives and terms that align with the company\u2019s broader capital strategy.
\n\u201cOver time, I expect CFOs to be more involved in sales conversations \u2014 maybe even CFO-to-CFO discussions,\u201d Mark Flakne, CFO at\u00a0Included Health, said during a conversation for the\u00a0PYMNTS executive series,\u00a0\u201cA Day in the Life of a CFO.\u201d
\nResearch in the PYMNTS Intelligence report \u201cSmart Spending: How AI Is Transforming Financial Decision Making\u201d found that more than 8 in 10 CFOs at large companies are either already using artificial intelligence (AI) or considering adopting it for a core financial function like accounts payable, or the process by which companies pay their suppliers, vendors and contractors.
\nSee also:\u00a0Digitizing the B2B Payments Landscape Starts With \u2026 Sales?
\nAt the same time, KPIs in 2025 are more granular. Sales leaders can leverage advanced dashboards to monitor not just revenue, but every aspect of buyer engagement: email opens, webinar participation, demo interactions, and social media activity. This data-driven approach enables rapid experimentation and continuous optimization of sales processes.
\nBuyers today also increasingly expect frictionless digital experiences, including self-service portals, real-time quotes and instant payments. Companies are investing in end-to-end platforms that blend CRM, ERP, and payment processing, decisions requiring finance\u2019s early and ongoing involvement.
\n\u201dWe need high-growth businesses to\u00a0survive and thrive\u00a0[in this uncertain economy],\u201d Lucy\u00a0Demery, senior vice president,\u00a0head\u00a0of\u00a0Visa\u00a0Commercial Solutions, Europe, told PYMNTS, noting that embedded options are proving to be a \u201chuge unlock for supply chain payments.\u201d
\nAs 2025 unfolds, B2B sales is less about cold calls and more about curated, data-backed relationships powered by technology \u2014 but never forgetting the human element. The winners will be those who balance high-tech tools with high-touch engagement, redefining what it means to connect and deliver value in the digital age.
\nFor all PYMNTS B2B coverage, subscribe to the daily\u00a0B2B Newsletter.
\nThe post CFOs Are Crashing the B2B Sales Party as Payments Go Digital appeared first on PYMNTS.com.
\n", "content_text": "Tough times bring people together, and it\u2019s no different across the business landscape.\nUncertainty in global markets isn\u2019t just about headline news. It\u2019s about daily operational reality. Tariff wars and shifting trade agreements have put pressure on both pricing and sourcing strategies. Finance must be able to forecast across multiple scenarios, and cash flow has become an imperative.\nThe dynamism of today\u2019s operational realities is also rewriting the rules of B2B sales.\nTraditionally, B2B sales strategies were the domain of sales and marketing teams. Chief financial officers (CFOs) were expected to provide oversight, manage risk, and keep an eye on compliance. But as the market grows more complex, so does the CFO\u2019s role.\nIn this new era, CFOs can\u2019t afford to be passive participants in revenue strategy. Their expertise is essential for navigating everything from shifting regulations to cyber risk in payments and constructing contracts that are flexible, adjusting for material cost surges, and ensuring the business is protected from downside risk\nRead also: How Payments Innovation Underpins All-Weather Businesses and Resilient Supply Chains\nThe New Age of B2B Payments Innovation\nMany B2B contracts can now routinely feature clauses that allow for price adjustments in the event of significant cost swings. These additions, once the stuff of legal fine print, now are emerging as a potentially strategic lever.\n\u201cWe\u2019re seeing prices go up,\u201d Shep Hickey,\u00a0CEO at metal digital marketplace\u00a0Bryzos, told PYMNTS. \u201cBusinesses are trying to conserve stock, and the easiest way to do that is raise prices or just stop selling \u2026 It\u2019s not what you paid for your inventory \u2014\u00a0it\u2019s what\u00a0it\u2019ll cost you to replace it.\u201d\nBut perhaps the most transformative change in B2B sales strategy is happening in payments. The days of net-60 and net-90 terms as the default are numbered, driven in part by demand for cash flow transparency on both sides of the deal. This creates a backdrop where building out a B2B sales approach is a team sport, and finance is a key player.\n\u201cA payment might be due in 30 days, but the buyer might typically pay in 45 or 60,\u201d\u00a0Boost Payment Solutions\u00a0CEO\u00a0Dean Leavitt\u00a0told PYMNTS this month. \u201cIf\u00a0suppliers\u00a0can get paid at day 30 for agreeing to accept commercial cards or other digital solutions, they do it. That gives them a working capital advantage.\u201d\nOffering more ways to pay sounds simple, but it has profound implications for working capital and risk.\u00a0Automated payment platforms, virtual cards, smart invoicing, and buy now, pay later (BNPL) options are increasingly table stakes for B2B sellers. Finance\u2019s involvement is critical, and not just to vet the tools, but to structure sales incentives and terms that align with the company\u2019s broader capital strategy.\n\u201cOver time, I expect CFOs to be more involved in sales conversations \u2014 maybe even CFO-to-CFO discussions,\u201d Mark Flakne, CFO at\u00a0Included Health, said during a conversation for the\u00a0PYMNTS executive series,\u00a0\u201cA Day in the Life of a CFO.\u201d\nResearch in the PYMNTS Intelligence report \u201cSmart Spending: How AI Is Transforming Financial Decision Making\u201d found that more than 8 in 10 CFOs at large companies are either already using artificial intelligence (AI) or considering adopting it for a core financial function like accounts payable, or the process by which companies pay their suppliers, vendors and contractors.\nSee also:\u00a0Digitizing the B2B Payments Landscape Starts With \u2026 Sales?\nData as a B2B Sales Engine\nAt the same time, KPIs in 2025 are more granular. Sales leaders can leverage advanced dashboards to monitor not just revenue, but every aspect of buyer engagement: email opens, webinar participation, demo interactions, and social media activity. This data-driven approach enables rapid experimentation and continuous optimization of sales processes.\nBuyers today also increasingly expect frictionless digital experiences, including self-service portals, real-time quotes and instant payments. Companies are investing in end-to-end platforms that blend CRM, ERP, and payment processing, decisions requiring finance\u2019s early and ongoing involvement.\n\u201dWe need high-growth businesses to\u00a0survive and thrive\u00a0[in this uncertain economy],\u201d Lucy\u00a0Demery, senior vice president,\u00a0head\u00a0of\u00a0Visa\u00a0Commercial Solutions, Europe, told PYMNTS, noting that embedded options are proving to be a \u201chuge unlock for supply chain payments.\u201d\nAs 2025 unfolds, B2B sales is less about cold calls and more about curated, data-backed relationships powered by technology \u2014 but never forgetting the human element. The winners will be those who balance high-tech tools with high-touch engagement, redefining what it means to connect and deliver value in the digital age.\nFor all PYMNTS B2B coverage, subscribe to the daily\u00a0B2B Newsletter.\nThe post CFOs Are Crashing the B2B Sales Party as Payments Go Digital appeared first on PYMNTS.com.", "date_published": "2025-04-23T11:07:32-04:00", "date_modified": "2025-04-23T21:48:56-04:00", "authors": [ { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/679fcf5c2ed5358e99e8e23b22e3b5d761e37bdb76fa7b0e13d8ecd9ff01bf88?s=512&d=blank&r=g" } ], "author": { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/679fcf5c2ed5358e99e8e23b22e3b5d761e37bdb76fa7b0e13d8ecd9ff01bf88?s=512&d=blank&r=g" }, "image": "https://www.pymnts.com/wp-content/uploads/2025/04/CFOs-B2B-sales-digital.png", "tags": [ "B2B", "B2B Payments", "B2B sales", "CFOs", "Chief Financial Officers", "commercial payments", "Digital Payments", "News", "PYMNTS News", "regulations", "risk management" ] }, { "id": "https://www.pymnts.com/?p=2689775", "url": "https://www.pymnts.com/news/b2b-payments/2025/cardlay-joins-visa-ready-expand-fleet-spend-management-solutions/", "title": "Cardlay Joins Visa Ready to Expand Fleet Spend Management Solutions", "content_html": "Danish FinTech company Cardlay joined the Visa Ready partner program to help businesses manage their fleet expenses with native digital B2B fleet card management and integrated spend management.
\nThe collaboration brings together Cardlay\u2019s spend management solution and Visa\u2019s payments infrastructure, enabling fleet operators to consolidate all their fuel and non-fuel-related payments within a single platform, the companies said in a Wednesday (April 23) press release.
\n\u201cBy combining Cardlay\u2019s modular platform with Visa\u2019s powerful infrastructure, we\u2019re able to empower companies with advanced tools to streamline operations, optimize costs and support sustainable, data-driven growth in the mobility sector,\u201d Cardlay Chief Sales Officer Kasper Guul Laursen said in the release.
\nWith the Cardlay spend management module and the Visa Ready for Fleet program, businesses can enforce policies and controls with the help of enhanced data insights and automated data capture; securely issue, distribute and control unrestricted B2B fleet cards; and eliminate the need for multiple cards, according to the release.
\nThe solution also includes electric vehicle charging integrations, street parking integrations, loyalty program integrations and CO2/ESG reporting, per the release.
\nVisa Ready provides its technology company partners with a certification program that helps them build and launch payment solutions that meet Visa\u2019s global standards for security and functionality and allows them access to Visa\u2019s product and go-to-market expertise, according to the program\u2019s website.
\n\u201cVisa is at its strongest when we combine our core assets with those of our partners,\u201d Richard Campion, head of fleet and B2B mobility at Visa Europe, said in the Wednesday press release. \u201cThrough the Visa Ready for Fleet program, Visa is creating an ecosystem of partners who can deliver a suite of solutions for our fleet and mobility clients.\u201d
\nThe new integration expands on a partnership that began in October, when Cardlay said it was working with Visa to improve spend management for commercial card issuers by offering clients \u201cfully embedded\u201d commercial cards and expense management solutions.
\nVisa said in March that it would add tokenization and custom provisioning for mobile transactions to its Fleet cards, enabling issuers and FinTechs to integrate encrypted and tokenized card information into Apple Pay mobile wallets.
\nFor all PYMNTS B2B coverage, subscribe to the daily B2B Newsletter.
\nThe post Cardlay Joins Visa Ready to Expand Fleet Spend Management Solutions appeared first on PYMNTS.com.
\n", "content_text": "Danish FinTech company Cardlay joined the Visa Ready partner program to help businesses manage their fleet expenses with native digital B2B fleet card management and integrated spend management.\nThe collaboration brings together Cardlay\u2019s spend management solution and Visa\u2019s payments infrastructure, enabling fleet operators to consolidate all their fuel and non-fuel-related payments within a single platform, the companies said in a Wednesday (April 23) press release.\n\u201cBy combining Cardlay\u2019s modular platform with Visa\u2019s powerful infrastructure, we\u2019re able to empower companies with advanced tools to streamline operations, optimize costs and support sustainable, data-driven growth in the mobility sector,\u201d Cardlay Chief Sales Officer Kasper Guul Laursen said in the release.\nWith the Cardlay spend management module and the Visa Ready for Fleet program, businesses can enforce policies and controls with the help of enhanced data insights and automated data capture; securely issue, distribute and control unrestricted B2B fleet cards; and eliminate the need for multiple cards, according to the release.\nThe solution also includes electric vehicle charging integrations, street parking integrations, loyalty program integrations and CO2/ESG reporting, per the release.\nVisa Ready provides its technology company partners with a certification program that helps them build and launch payment solutions that meet Visa\u2019s global standards for security and functionality and allows them access to Visa\u2019s product and go-to-market expertise, according to the program\u2019s website.\n\u201cVisa is at its strongest when we combine our core assets with those of our partners,\u201d Richard Campion, head of fleet and B2B mobility at Visa Europe, said in the Wednesday press release. \u201cThrough the Visa Ready for Fleet program, Visa is creating an ecosystem of partners who can deliver a suite of solutions for our fleet and mobility clients.\u201d\nThe new integration expands on a partnership that began in October, when Cardlay said it was working with Visa to improve spend management for commercial card issuers by offering clients \u201cfully embedded\u201d commercial cards and expense management solutions.\nVisa said in March that it would add tokenization and custom provisioning for mobile transactions to its Fleet cards, enabling issuers and FinTechs to integrate encrypted and tokenized card information into Apple Pay mobile wallets.\nFor all PYMNTS B2B coverage, subscribe to the daily B2B Newsletter.\nThe post Cardlay Joins Visa Ready to Expand Fleet Spend Management Solutions appeared first on PYMNTS.com.", "date_published": "2025-04-23T10:22:41-04:00", "date_modified": "2025-04-23T10:22:41-04:00", "authors": [ { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/679fcf5c2ed5358e99e8e23b22e3b5d761e37bdb76fa7b0e13d8ecd9ff01bf88?s=512&d=blank&r=g" } ], "author": { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/679fcf5c2ed5358e99e8e23b22e3b5d761e37bdb76fa7b0e13d8ecd9ff01bf88?s=512&d=blank&r=g" }, "image": "https://www.pymnts.com/wp-content/uploads/2025/04/Cardlay-Visa-Ready-partnerships.png", "tags": [ "B2B", "B2B Payments", "Cardlay", "commercial payments", "expense management", "FinTech", "Fleet Management", "News", "partnerships", "PYMNTS News", "spend management", "Visa", "Visa Ready", "What's Hot", "What's Hot In B2B" ] }, { "id": "https://www.pymnts.com/?p=2689212", "url": "https://www.pymnts.com/news/b2b-payments/2025/real-time-yield-bearing-settlement-network-lynq-set-to-go-live-this-quarter/", "title": "Lynq Consortia With U.S. Bank Out to Change Digital Asset Settlement", "content_html": "A host of firms are partnering up to launch a digital real-time settlement network called Lynq.
\nA Tuesday (April 22) press release\u00a0stated that Lynq is scheduled to go live in the second quarter of 2025, following more than a year of development and industry consultation.
\nThe platform was developed by Arca Labs, Tassat Group\u00a0and tZERO Group and aims to address some of the common pain points in settlement involving digital assets, such as market fragmentation, counterparty risk and evolving regulatory requirements.
\nThe release said the Lynq network will offer yield for its \u201cinstitutional clients\u201d \u2014 including banks, hedge funds, investment advisors and similar organizations that invest on behalf of others.
\nThe network is powered by a tokenized treasury fund, the Arca Institutional U.S. Treasury Fund (TFND), which issues shares as digital asset securities, according to the release.
\n\u201cLynq operates within a legal framework that leverages tZERO\u2019s Broker-Dealer and Special Purpose Broker-Dealer licenses, as well as Arca\u2019s Registered Investment Adviser and Delaware Trust,\u201d the release said. Tassat is the provider of Lynq\u2019s blockchain infrastructure.
\nAdditional key Lynq partners include B2C2, Galaxy Digital\u00a0and Wintermute, which are assisting with counterparty onboarding and providing initial liquidity.
\nThe release also identified U.S. Bank as Lynq\u2019s qualified cash custodian and treasury management services provider. In addition, Avalanche will supply the open-source Layer 1 blockchain infrastructure for issuing and rebalancing TFND shares.
\nThe thinking behind the partnership combination is to provide \u201csegregated account security, transparent proof of reserves and broad ecosystem connectivity,\u201d the release said.
\nExecutives from the partner firms highlighted Lynq\u2019s focus on capital efficiency, security and robust infrastructure to encourage institutional participation in the digital assets space.
\nKatryna Hanush, the managing director of Wintermute, noted in the press release that the platform \u201cstreamlines onboarding, subscription, and redemption, offering counterparties a safer and more efficient way to transact.\u201d
\n\u201cWe see Lynq as a key part of the next generation of institutional infrastructure,\u201d B2C2 Group CEO Thomas Restout said in a statement.
\nSpeaking of payment rails involving digital assets, Circle is rolling out a stablecoin-powered payments and cross-border remittance network in May.
\nThe post Lynq Consortia With U.S. Bank Out to Change Digital Asset Settlement appeared first on PYMNTS.com.
\n", "content_text": "A host of firms are partnering up to launch a digital real-time settlement network called Lynq.\nA Tuesday (April 22) press release\u00a0stated that Lynq is scheduled to go live in the second quarter of 2025, following more than a year of development and industry consultation.\nThe platform was developed by Arca Labs, Tassat Group\u00a0and tZERO Group and aims to address some of the common pain points in settlement involving digital assets, such as market fragmentation, counterparty risk and evolving regulatory requirements.\nThe release said the Lynq network will offer yield for its \u201cinstitutional clients\u201d \u2014 including banks, hedge funds, investment advisors and similar organizations that invest on behalf of others.\nThe network is powered by a tokenized treasury fund, the Arca Institutional U.S. Treasury Fund (TFND), which issues shares as digital asset securities, according to the release.\n\u201cLynq operates within a legal framework that leverages tZERO\u2019s Broker-Dealer and Special Purpose Broker-Dealer licenses, as well as Arca\u2019s Registered Investment Adviser and Delaware Trust,\u201d the release said. Tassat is the provider of Lynq\u2019s blockchain infrastructure.\nAdditional key Lynq partners include B2C2, Galaxy Digital\u00a0and Wintermute, which are assisting with counterparty onboarding and providing initial liquidity.\nThe release also identified U.S. Bank as Lynq\u2019s qualified cash custodian and treasury management services provider. In addition, Avalanche will supply the open-source Layer 1 blockchain infrastructure for issuing and rebalancing TFND shares.\nThe thinking behind the partnership combination is to provide \u201csegregated account security, transparent proof of reserves and broad ecosystem connectivity,\u201d the release said.\nExecutives from the partner firms highlighted Lynq\u2019s focus on capital efficiency, security and robust infrastructure to encourage institutional participation in the digital assets space.\nKatryna Hanush, the managing director of Wintermute, noted in the press release that the platform \u201cstreamlines onboarding, subscription, and redemption, offering counterparties a safer and more efficient way to transact.\u201d\n\u201cWe see Lynq as a key part of the next generation of institutional infrastructure,\u201d B2C2 Group CEO Thomas Restout said in a statement. \nSpeaking of payment rails involving digital assets, Circle is rolling out a stablecoin-powered payments and cross-border remittance network in May.\nThe post Lynq Consortia With U.S. Bank Out to Change Digital Asset Settlement appeared first on PYMNTS.com.", "date_published": "2025-04-22T12:55:07-04:00", "date_modified": "2025-04-22T23:26:04-04:00", "authors": [ { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/679fcf5c2ed5358e99e8e23b22e3b5d761e37bdb76fa7b0e13d8ecd9ff01bf88?s=512&d=blank&r=g" } ], "author": { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/679fcf5c2ed5358e99e8e23b22e3b5d761e37bdb76fa7b0e13d8ecd9ff01bf88?s=512&d=blank&r=g" }, "image": "https://www.pymnts.com/wp-content/uploads/2025/04/Lynq-b2b-payments-real-time-payments.jpg", "tags": [ "B2B", "B2B Payments", "commercial payments", "digital assets", "Lynq", "News", "Payment Methods", "PYMNTS News", "real time payments", "What's Hot", "What's Hot In B2B" ] }, { "id": "https://www.pymnts.com/?p=2688708", "url": "https://www.pymnts.com/news/b2b-payments/2025/president-donald-trump-tariffs-ignite-digital-procurement-revolution-across-b2b/", "title": "Trump Tariffs Ignite Digital Procurement Revolution Across B2B", "content_html": "President Donald Trump\u2019s tariffs are increasingly serving as a stress test for enterprise agility.
\nThe announced U.S. tariffs and ongoing uncertainties surrounding them have reignited cost pressures and supply chain complexities that many businesses had only just begun to recover from post-pandemic.
\nWith rates reaching as high as 25% on key industrial products and components, companies are recalibrating their procurement strategies in real time. But while tariffs have added friction to global trade, they are also catalyzing a new wave of digital transformation in finance and supply chain operations.
\nTariffs, by design, increase the cost of imported goods to incentivize domestic production. However, in practice, they often inject uncertainty into supply chains, making it harder for procurement teams to plan, budget and execute purchases.
\nTo stay competitive, companies are turning to digital payments and integrated B2B marketplace platforms that provide greater transparency and control over procurement spend. Tools like dynamic discounting and automated invoice reconciliation, as well as digitizing the entire procure-to-pay cycle, are becoming strategic levers for navigating economic headwinds.
\nRead also: Trump\u2019s Global Tariffs Position CFOs as New Supply Chain Architects
\nWith tariffs increasing the costs for imported components and more, companies are turning to digital procurement and payment platforms, many of which are capable of streamlining vendor onboarding, automating payments in multiple currencies, and allowing finance teams to negotiate early payment discounts.
\nAmazon, for example, is surveying its third-party sellers to determine the effect of tariffs on their businesses. CEO Andy Jassy has acknowledged that shoppers could bear the brunt of these costs, as merchants recalibrate to safeguard their margins.
\nDigital procurement isn\u2019t just about buying things cheaper but is increasingly about creating a data-rich environment where finance and operations can collaborate in real time, making the business more agile in the face of geopolitical and economic shocks.
\n\u201cIt used to be an educational process just explaining what digitizing payments meant,\u201d Ingo Payments CEO Drew Edwards told PYMNTS this month. \u201cNow we see CFOs and treasurers wanting to optimize it. They want to know, \u2018How can we make these processes even more economically attractive?\u2019\u201d
\nEmbedded financial services \u2014 offering banking, lending and insurance within non-financial platforms \u2014 are another piece of the puzzle. By integrating financing options directly into procurement workflows, companies can smooth out cash flow gaps caused by fluctuating tariffs and shifting supplier terms.
\nPlatforms like Flex, which raised $225 million in March, and Lenkie, which raised $62 million also last month, illustrate a trend where financial services are integrated into business workflows.
\nAt the same time, compliance departments are grappling with a surge in know your customer (KYC), anti-money laundering (AML), and other regulatory checks as global commerce grows more fragmented.
\nSee also: KYB in Spotlight as Tariffs and Digital Innovation Reshape Procurement
\nWhile some companies are struggling under the weight of rising costs and disrupted supply chains, others are seizing the opportunity to innovate their payment processes, with virtual cards emerging as a solution for B2B payments across digital platforms.
\n\u201cA payment might be due in 30 days, but the buyer might typically pay in 45 or 60,\u201d Boost Payment Solutions CEO Dean Leavitt told PYMNTS this month. \u201cIf suppliers can get paid at day 30 for agreeing to accept commercial cards or other digital solutions, they do it. That gives them a working capital advantage.\u201d
\nSeparately, firms are realizing that future-proofing their procurement operations when times are tough could pay off down the line as the macro environment finds its footing, and as the ongoing generational shift among procurement and executive leadership continues unabated with its preference for seamless, digital-first procure-to-pay experiences.
\n\u201cThere\u2019s technology that can help, but it really depends on the industry,\u201d Matt Carey, senior vice president, office of the CFO at FIS, told PYMNTS this month. \u201cIf I\u2019m a computer manufacturer and I have a bunch of chips on order from my suppliers, I can\u2019t just change my chip supplier overnight.\u201d
\n\u201cIf I have visibility into my working capital, I can negotiate better agreements and pre-buy materials like aluminum or steel,\u201d Carey added.
\n\u201cIf you don\u2019t have a centralized view of your financials, it\u2019s tough to negotiate with an upper hand,\u201d he said.
\nFor all PYMNTS B2B coverage, subscribe to the daily B2B Newsletter.
\nThe post Trump Tariffs Ignite Digital Procurement Revolution Across B2B appeared first on PYMNTS.com.
\n", "content_text": "President Donald Trump\u2019s tariffs are increasingly serving as a stress test for enterprise agility.\nThe announced U.S. tariffs and ongoing uncertainties surrounding them have reignited cost pressures and supply chain complexities that many businesses had only just begun to recover from post-pandemic.\nWith rates reaching as high as 25% on key industrial products and components, companies are recalibrating their procurement strategies in real time. But while tariffs have added friction to global trade, they are also catalyzing a new wave of digital transformation in finance and supply chain operations.\nTariffs, by design, increase the cost of imported goods to incentivize domestic production. However, in practice, they often inject uncertainty into supply chains, making it harder for procurement teams to plan, budget and execute purchases.\nTo stay competitive, companies are turning to digital payments and integrated B2B marketplace platforms that provide greater transparency and control over procurement spend. Tools like dynamic discounting and automated invoice reconciliation, as well as digitizing the entire procure-to-pay cycle, are becoming strategic levers for navigating economic headwinds.\nRead also: Trump\u2019s Global Tariffs Position CFOs as New Supply Chain Architects\nThe Tariff Trigger Sets Off Digital Procurement Race\nWith tariffs increasing the costs for imported components and more, companies are turning to digital procurement and payment platforms, many of which are capable of streamlining vendor onboarding, automating payments in multiple currencies, and allowing finance teams to negotiate early payment discounts.\nAmazon, for example, is surveying its third-party sellers to determine the effect of tariffs on their businesses. CEO Andy Jassy has acknowledged that shoppers could bear the brunt of these costs, as merchants recalibrate to safeguard their margins.\nDigital procurement isn\u2019t just about buying things cheaper but is increasingly about creating a data-rich environment where finance and operations can collaborate in real time, making the business more agile in the face of geopolitical and economic shocks.\n\u201cIt used to be an educational process just explaining what digitizing payments meant,\u201d Ingo Payments CEO Drew Edwards told PYMNTS this month. \u201cNow we see CFOs and treasurers wanting to optimize it. They want to know, \u2018How can we make these processes even more economically attractive?\u2019\u201d\nEmbedded financial services \u2014 offering banking, lending and insurance within non-financial platforms \u2014 are another piece of the puzzle. By integrating financing options directly into procurement workflows, companies can smooth out cash flow gaps caused by fluctuating tariffs and shifting supplier terms.\nPlatforms like Flex, which raised $225 million in March, and Lenkie, which raised $62 million also last month, illustrate a trend where financial services are integrated into business workflows.\nAt the same time, compliance departments are grappling with a surge in know your customer (KYC), anti-money laundering (AML), and other regulatory checks as global commerce grows more fragmented.\nSee also: KYB in Spotlight as Tariffs and Digital Innovation Reshape Procurement\nA New Operating Model for a New Era of Proactive Procurement\nWhile some companies are struggling under the weight of rising costs and disrupted supply chains, others are seizing the opportunity to innovate their payment processes, with virtual cards emerging as a solution for B2B payments across digital platforms.\n\u201cA payment might be due in 30 days, but the buyer might typically pay in 45 or 60,\u201d Boost Payment Solutions CEO Dean Leavitt told PYMNTS this month. \u201cIf suppliers can get paid at day 30 for agreeing to accept commercial cards or other digital solutions, they do it. That gives them a working capital advantage.\u201d\nSeparately, firms are realizing that future-proofing their procurement operations when times are tough could pay off down the line as the macro environment finds its footing, and as the ongoing generational shift among procurement and executive leadership continues unabated with its preference for seamless, digital-first procure-to-pay experiences.\n\u201cThere\u2019s technology that can help, but it really depends on the industry,\u201d Matt Carey, senior vice president, office of the CFO at FIS, told PYMNTS this month. \u201cIf I\u2019m a computer manufacturer and I have a bunch of chips on order from my suppliers, I can\u2019t just change my chip supplier overnight.\u201d\n\u201cIf I have visibility into my working capital, I can negotiate better agreements and pre-buy materials like aluminum or steel,\u201d Carey added.\n\u201cIf you don\u2019t have a centralized view of your financials, it\u2019s tough to negotiate with an upper hand,\u201d he said.\nFor all PYMNTS B2B coverage, subscribe to the daily B2B Newsletter.\nThe post Trump Tariffs Ignite Digital Procurement Revolution Across B2B appeared first on PYMNTS.com.", "date_published": "2025-04-21T16:48:17-04:00", "date_modified": "2025-04-21T16:48:17-04:00", "authors": [ { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/679fcf5c2ed5358e99e8e23b22e3b5d761e37bdb76fa7b0e13d8ecd9ff01bf88?s=512&d=blank&r=g" } ], "author": { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/679fcf5c2ed5358e99e8e23b22e3b5d761e37bdb76fa7b0e13d8ecd9ff01bf88?s=512&d=blank&r=g" }, "image": "https://www.pymnts.com/wp-content/uploads/2023/04/digital-procurement.jpg", "tags": [ "accounts payable", "B2B", "B2B Payments", "cash flow management", "commercial payments", "digital transformation", "economy", "embedded finance", "News", "procurement", "PYMNTS News", "supplier payments", "supply chain management", "tariffs", "taxes", "vendor payments", "virtual cards" ] }, { "id": "https://www.pymnts.com/?p=2687629", "url": "https://www.pymnts.com/news/b2b-payments/2025/from-pdfs-to-apis-enterprise-modernization-ditches-clunky-human-hand-offs/", "title": "From PDFs to APIs: Enterprise Modernization Ditches Clunky Human Hand-Offs", "content_html": "There\u2019s a systemic shift happening across the enterprise. Workflows that were once manual, slow and costly are now automated, intelligent and occurring in real-time.
\nIt\u2019s a shift that has played out across other sectors, too, but it\u2019s now coming for the back office with intention. After all, remember when it took a human being to execute a stock trade?
\nThat commission and the corresponding midday phone call to a broker has vanished, and has increasingly been replaced by zero-commission, AI-driven trade execution and instant settlement windows.
\nNow, enterprise back offices, which are often characterized by legacy software, sprawling manual processes and internal silos, find themselves at a similar inflection point. The question isn\u2019t if they\u2019ll modernize, but how fast and how far.
\nPYMNTS Intelligence has, for the past decade-plus, tracked enterprise digital transformation across industries and revealed that the automation of back-office functions like procurement, invoicing and reconciliation is already underway.
\nThe bottom line is that the tools exist. The ROI is constantly being proven. All the while, the competitive pressures are building.
\nSee also:\u00a0For CFOs, the Tech Stack Is the Business Strategy
\nIn capital markets, the digitization of trade execution removed friction points that previously required human intervention, from verifying identity to executing trades and managing settlement risk. The backbone of that transformation? Real-time data exchange, standardized protocols and algorithmic decisioning.
\nEnterprise back offices, by contrast, still depend heavily on email threads, PDF invoices and manual review processes. While companies may think they\u2019ve automated just because they\u2019ve put PDFs in a cloud folder, that\u2019s less data intelligence and more glorified file storage.
\n\u201cAt any time, when you have paper, you\u00a0introduce\u00a0manual processes,\u201d\u00a0Duncan Lodge, global head of supply chain finance and EMEA head of trade at\u00a0Bank of America, told PYMNTS. \u201cThat means someone has to extract information, process it and ensure its accuracy \u2014 introducing delays, inefficiencies and the potential for error.\u201d
\nThe financial sector\u2019s shift was underpinned by machine-readable formats, API-first ecosystems and continuous data flows that enabled automation at scale. For enterprise teams, embracing structured data standards, such as ISO 20022 for payments, and investing in systems that can learn from transactional patterns is a key step toward achieving similar efficiency and efficacy.
\n\u201cThe really\u00a0progressive companies are getting in front of [the transition to digital payments],\u201d WEX President of Corporate Payments\u00a0Eric Frankovic told PYMNTS earlier this month. \u201c\u2026 They have to cut costs, they have to control costs, they have to keep a healthy supply chain. And in order to do that, they have to start those conversations.\u201d
\nThe opportunity isn\u2019t just to digitize old processes but to reimagine what back-office operations could be\u00a0in a world where AI and real-time data are the increasingly the norm. Research in the PYMNTS Intelligence report \u201cSmart Spending: How AI Is Transforming Financial Decision Making\u201d found that more than eight in 10 CFOs at large companies are either already using AI or considering adopting it for a core financial function like accounts payable, or the process by which companies pay their suppliers, vendors and contractors.
\nRead more: Trump\u2019s Tariffs Could Act as Tailwind for Digitizing B2B Payments
\nThe financial sector\u2019s modernization didn\u2019t succeed because it built massive new systems from scratch. It succeeded because of composability, or the ability to plug and play APIs, services and tools into existing infrastructure without rip-and-replace overhauls.
\nThis is especially relevant for enterprises with decades-old ERP systems that underpin critical business functions. Rather than fully replacing these systems \u2014 a process that can be costly, risky and sometimes unnecessary \u2014 leaders are increasingly embracing a modular approach. That means layering new capabilities on top of existing platforms through open APIs and microservices.
\nMeg Garand, head of CashPro Payments and CashPro API at\u00a0Bank of America, told PYMNTS last year that growing\u00a0partnerships\u00a0between banks and FinTechs are\u00a0allowing\u00a0ERP and treasury management system (TMS) providers to optimize their\u00a0own\u00a0software solutions.
\nConsider \u201cinvoice-to-pay\u201d solutions that integrate directly with ERP platforms, enabling digital invoicing, dynamic discounting and automated reconciliation without disrupting upstream processes. There are also AI tools that sit atop procurement platforms to provide real-time benchmarking and vendor scoring.
\nUltimately, enterprise leaders who apply FinTechs\u2019s innovation mindset to their own internal operations may not just reduce costs but could build more adaptive, intelligent and future-ready organizations.
\nThe post From PDFs to APIs: Enterprise Modernization Ditches Clunky Human Hand-Offs appeared first on PYMNTS.com.
\n", "content_text": "There\u2019s a systemic shift happening across the enterprise. Workflows that were once manual, slow and costly are now automated, intelligent and occurring in real-time.\nIt\u2019s a shift that has played out across other sectors, too, but it\u2019s now coming for the back office with intention. After all, remember when it took a human being to execute a stock trade? \nThat commission and the corresponding midday phone call to a broker has vanished, and has increasingly been replaced by zero-commission, AI-driven trade execution and instant settlement windows. \nNow, enterprise back offices, which are often characterized by legacy software, sprawling manual processes and internal silos, find themselves at a similar inflection point. The question isn\u2019t if they\u2019ll modernize, but how fast and how far.\nPYMNTS Intelligence has, for the past decade-plus, tracked enterprise digital transformation across industries and revealed that the automation of back-office functions like procurement, invoicing and reconciliation is already underway.\nThe bottom line is that the tools exist. The ROI is constantly being proven. All the while, the competitive pressures are building. \nSee also:\u00a0For CFOs, the Tech Stack Is the Business Strategy\nReplacing Human Handoffs With Data Intelligence\nIn capital markets, the digitization of trade execution removed friction points that previously required human intervention, from verifying identity to executing trades and managing settlement risk. The backbone of that transformation? Real-time data exchange, standardized protocols and algorithmic decisioning.\nEnterprise back offices, by contrast, still depend heavily on email threads, PDF invoices and manual review processes. While companies may think they\u2019ve automated just because they\u2019ve put PDFs in a cloud folder, that\u2019s less data intelligence and more glorified file storage. \n\u201cAt any time, when you have paper, you\u00a0introduce\u00a0manual processes,\u201d\u00a0Duncan Lodge, global head of supply chain finance and EMEA head of trade at\u00a0Bank of America, told PYMNTS. \u201cThat means someone has to extract information, process it and ensure its accuracy \u2014 introducing delays, inefficiencies and the potential for error.\u201d\nThe financial sector\u2019s shift was underpinned by machine-readable formats, API-first ecosystems and continuous data flows that enabled automation at scale. For enterprise teams, embracing structured data standards, such as ISO 20022 for payments, and investing in systems that can learn from transactional patterns is a key step toward achieving similar efficiency and efficacy.\n\u201cThe really\u00a0progressive companies are getting in front of [the transition to digital payments],\u201d WEX President of Corporate Payments\u00a0Eric Frankovic told PYMNTS earlier this month. \u201c\u2026 They have to cut costs, they have to control costs, they have to keep a healthy supply chain. And in order to do that, they have to start those conversations.\u201d\nThe opportunity isn\u2019t just to digitize old processes but to reimagine what back-office operations could be\u00a0in a world where AI and real-time data are the increasingly the norm. Research in the PYMNTS Intelligence report \u201cSmart Spending: How AI Is Transforming Financial Decision Making\u201d found that more than eight in 10 CFOs at large companies are either already using AI or considering adopting it for a core financial function like accounts payable, or the process by which companies pay their suppliers, vendors and contractors.\nRead more: Trump\u2019s Tariffs Could Act as Tailwind for Digitizing B2B Payments\nBuild for Composability, Not Complexity\nThe financial sector\u2019s modernization didn\u2019t succeed because it built massive new systems from scratch. It succeeded because of composability, or the ability to plug and play APIs, services and tools into existing infrastructure without rip-and-replace overhauls.\nThis is especially relevant for enterprises with decades-old ERP systems that underpin critical business functions. Rather than fully replacing these systems \u2014 a process that can be costly, risky and sometimes unnecessary \u2014 leaders are increasingly embracing a modular approach. That means layering new capabilities on top of existing platforms through open APIs and microservices.\nMeg Garand, head of CashPro Payments and CashPro API at\u00a0Bank of America, told PYMNTS last year that growing\u00a0partnerships\u00a0between banks and FinTechs are\u00a0allowing\u00a0ERP and treasury management system (TMS) providers to optimize their\u00a0own\u00a0software solutions.\nConsider \u201cinvoice-to-pay\u201d solutions that integrate directly with ERP platforms, enabling digital invoicing, dynamic discounting and automated reconciliation without disrupting upstream processes. There are also AI tools that sit atop procurement platforms to provide real-time benchmarking and vendor scoring.\nUltimately, enterprise leaders who apply FinTechs\u2019s innovation mindset to their own internal operations may not just reduce costs but could build more adaptive, intelligent and future-ready organizations.\nThe post From PDFs to APIs: Enterprise Modernization Ditches Clunky Human Hand-Offs appeared first on PYMNTS.com.", "date_published": "2025-04-18T14:30:51-04:00", "date_modified": "2025-04-18T14:30:51-04:00", "authors": [ { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/679fcf5c2ed5358e99e8e23b22e3b5d761e37bdb76fa7b0e13d8ecd9ff01bf88?s=512&d=blank&r=g" } ], "author": { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/679fcf5c2ed5358e99e8e23b22e3b5d761e37bdb76fa7b0e13d8ecd9ff01bf88?s=512&d=blank&r=g" }, "image": "https://www.pymnts.com/wp-content/uploads/2025/04/b2b-modernization-AI-enterprises.jpg", "tags": [ "accounts payable", "accounts receivable", "AI", "artificial intelligence", "automation", "B2B", "B2B Payments", "back office", "commercial payments", "digital transformation", "FinTechs", "Innovation", "modernization", "News", "productivity", "PYMNTS Intelligence", "PYMNTS News" ] }, { "id": "https://www.pymnts.com/?p=2687074", "url": "https://www.pymnts.com/news/b2b-payments/2025/technology-redefines-finance-this-week-b2b/", "title": "Tech Redefines Finance This Week in B2B", "content_html": "Navigating uncertainty demands an uncompromising approach.
\nMany businesses\u2019 back offices and finance teams are becoming a key source of truth. Driven by the accelerated adoption of digital tools, heightened expectations for seamless experiences, and the urgent need for operational resilience, companies are rethinking how money moves across global borders and internal departments, and what that means for their own growth.
\nAt the same time, from artificial intelligence to embedded finance, the convergence of innovation and infrastructure is rewriting the rules of engagement for banks and businesses.
\nWhat ties these developments together is a clear throughline. Digitization is no longer optional. Whether it\u2019s enhancing customer experience, improving operational efficiency or future-proofing against risk, companies are embracing a digital-first mindset across the board.
\nPayments innovation is proving to be a mirror and map for the future of finance.
\nFew indicators highlight the pace of digital transformation better than the maturation of the corporate treasury landscape.
\nFor example, Truist\u2019s treasury management revenue saw double-digit growth year over year, driven by what Truist described as \u201ccontinued payments momentum.\u201d The bank also launched real-time payments capabilities during the first quarter, signaling its commitment to remaining competitive in a space increasingly influenced by FedNow\u00ae Service adoption, B2B digital transformation and embedded finance.
\nMeanwhile, Citi\u2019s services division hit a decade-high in performance, a success the bank attributed in part to its digital transformation. By restructuring its operations to align more closely with the demands of modern financial ecosystems, Citi is betting on its ability to lead in a future defined by agility, data intelligence and streamlined client experiences.
\nWith the proliferation of digital interfaces comes an expanding attack surface. To that end, companies are investing in new cybersecurity technologies. The launch of Capital One DataBolt, a proprietary data security solution, exemplifies this focus. Designed to integrate within an organization\u2019s existing infrastructure, DataBolt provides real-time insights into data activity and risks, aiming to protect the institution and its customers from sophisticated threats.
\nSimilarly, Juniper Payments is embedding AI-driven fraud prevention into its Payments Hub platform, demonstrating how machine learning can detect anomalies faster and more accurately than traditional tools. These developments signal a shift from reactive to proactive risk management, a necessity in an era where trust is a currency and competitive advantage.
\nInnovation in B2B payments and procurement is revealing that the inefficiencies of legacy systems are no match for today\u2019s intelligent platforms.
\nLightSource, an AI-native enterprise procurement company, this week secured $33 million to scale its platform, aiming to revolutionize sourcing processes with automation and insight-driven decision making.
\nIn parallel, Instacart Business added a pay-by-invoice feature through its partnership with Balance, reflecting a growing appetite for flexible payment methods in enterprise environments. The solution allows businesses to preserve cash flow while simplifying reconciliation processes \u2014 a critical capability in uncertain economic climates.
\nThe travel sector is also seeing a shake-up. HBX Group launched a B2B payments platform tailored to the travel industry, enabling smoother transactions between agencies, providers and clients. These efforts are emblematic of a larger industry-wide shift toward embedded finance, where payments become a seamless, almost invisible part of broader workflows.
\nInvestor confidence in payments innovation remains strong. Onfly, a travel and expense management platform, this week raised $40 million to scale its operations. Meanwhile, Pipe\u2019s acquisition of Glean.ai signaled the growing convergence of payments, spend management and AI. These moves are not just about adding features; they represent a maturation of the ecosystem as companies seek to offer end-to-end financial solutions under a single umbrella.
\nMeanwhile, AgriDex is betting that stablecoins can modernize the $2.7 trillion global agriculture market. By launching Loam, a USD-backed stablecoin, the company aims to bring faster, more transparent transactions to a traditionally cash-heavy and cross-border industry. If successful, this could offer a model for how digital currencies can drive efficiency and trust in complex supply chains.
\nIn today\u2019s era of economic volatility, innovative payment solutions \u2014 like embedded finance, virtual cards and real-time treasury software \u2014 are enabling businesses to manage cash flow proactively, supporting resilience and adaptability.
\nFaster, smarter payment systems are helping companies navigate complex supply chains and volatile markets, turning payments from back-office tasks into levers for competitive advantage and operational efficiency.
\nEvery new trade restriction coming out of the United States amplifies the inefficiencies of paper-based payments. That\u2019s why many chief financial officers\u2019 tech stacks are becoming their business strategies.
\nFor all PYMNTS B2B coverage, subscribe to the daily B2B Newsletter.
\nThe post Tech Redefines Finance This Week in B2B appeared first on PYMNTS.com.
\n", "content_text": "Navigating uncertainty demands an uncompromising approach.\nMany businesses\u2019 back offices and finance teams are becoming a key source of truth. Driven by the accelerated adoption of digital tools, heightened expectations for seamless experiences, and the urgent need for operational resilience, companies are rethinking how money moves across global borders and internal departments, and what that means for their own growth.\nAt the same time, from artificial intelligence to embedded finance, the convergence of innovation and infrastructure is rewriting the rules of engagement for banks and businesses.\nWhat ties these developments together is a clear throughline. Digitization is no longer optional. Whether it\u2019s enhancing customer experience, improving operational efficiency or future-proofing against risk, companies are embracing a digital-first mindset across the board.\nDigital Transformation in Financial Services\nPayments innovation is proving to be a mirror and map for the future of finance.\nFew indicators highlight the pace of digital transformation better than the maturation of the corporate treasury landscape.\nFor example, Truist\u2019s treasury management revenue saw double-digit growth year over year, driven by what Truist described as \u201ccontinued payments momentum.\u201d The bank also launched real-time payments capabilities during the first quarter, signaling its commitment to remaining competitive in a space increasingly influenced by FedNow\u00ae Service adoption, B2B digital transformation and embedded finance.\nMeanwhile, Citi\u2019s services division hit a decade-high in performance, a success the bank attributed in part to its digital transformation. By restructuring its operations to align more closely with the demands of modern financial ecosystems, Citi is betting on its ability to lead in a future defined by agility, data intelligence and streamlined client experiences.\nWith the proliferation of digital interfaces comes an expanding attack surface. To that end, companies are investing in new cybersecurity technologies. The launch of Capital One DataBolt, a proprietary data security solution, exemplifies this focus. Designed to integrate within an organization\u2019s existing infrastructure, DataBolt provides real-time insights into data activity and risks, aiming to protect the institution and its customers from sophisticated threats.\nSimilarly, Juniper Payments is embedding AI-driven fraud prevention into its Payments Hub platform, demonstrating how machine learning can detect anomalies faster and more accurately than traditional tools. These developments signal a shift from reactive to proactive risk management, a necessity in an era where trust is a currency and competitive advantage.\nThe Next Frontier of B2B Payments and Procurement\nInnovation in B2B payments and procurement is revealing that the inefficiencies of legacy systems are no match for today\u2019s intelligent platforms.\nLightSource, an AI-native enterprise procurement company, this week secured $33 million to scale its platform, aiming to revolutionize sourcing processes with automation and insight-driven decision making.\nIn parallel, Instacart Business added a pay-by-invoice feature through its partnership with Balance, reflecting a growing appetite for flexible payment methods in enterprise environments. The solution allows businesses to preserve cash flow while simplifying reconciliation processes \u2014 a critical capability in uncertain economic climates.\nThe travel sector is also seeing a shake-up. HBX Group launched a B2B payments platform tailored to the travel industry, enabling smoother transactions between agencies, providers and clients. These efforts are emblematic of a larger industry-wide shift toward embedded finance, where payments become a seamless, almost invisible part of broader workflows.\nInvestor confidence in payments innovation remains strong. Onfly, a travel and expense management platform, this week raised $40 million to scale its operations. Meanwhile, Pipe\u2019s acquisition of Glean.ai signaled the growing convergence of payments, spend management and AI. These moves are not just about adding features; they represent a maturation of the ecosystem as companies seek to offer end-to-end financial solutions under a single umbrella.\nMeanwhile, AgriDex is betting that stablecoins can modernize the $2.7 trillion global agriculture market. By launching Loam, a USD-backed stablecoin, the company aims to bring faster, more transparent transactions to a traditionally cash-heavy and cross-border industry. If successful, this could offer a model for how digital currencies can drive efficiency and trust in complex supply chains.\nThe Digitization Dividend\nIn today\u2019s era of economic volatility, innovative payment solutions \u2014 like embedded finance, virtual cards and real-time treasury software \u2014 are enabling businesses to manage cash flow proactively, supporting resilience and adaptability.\nFaster, smarter payment systems are helping companies navigate complex supply chains and volatile markets, turning payments from back-office tasks into levers for competitive advantage and operational efficiency.\nEvery new trade restriction coming out of the United States amplifies the inefficiencies of paper-based payments. That\u2019s why many chief financial officers\u2019 tech stacks are becoming their business strategies.\nFor all PYMNTS B2B coverage, subscribe to the daily B2B Newsletter.\nThe post Tech Redefines Finance This Week in B2B appeared first on PYMNTS.com.", "date_published": "2025-04-17T16:39:17-04:00", "date_modified": "2025-04-17T16:39:17-04:00", "authors": [ { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/679fcf5c2ed5358e99e8e23b22e3b5d761e37bdb76fa7b0e13d8ecd9ff01bf88?s=512&d=blank&r=g" } ], "author": { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/679fcf5c2ed5358e99e8e23b22e3b5d761e37bdb76fa7b0e13d8ecd9ff01bf88?s=512&d=blank&r=g" }, "image": "https://www.pymnts.com/wp-content/uploads/2025/04/B2B-payments-technology-innovation.jpg", "tags": [ "acquisitions", "AgriDex", "artificial intelligence", "B2B", "B2B Payments", "balance", "Bitcoin", "Blockchain", "business travel", "Capital One", "Capital One Databolt", "cash flow management", "Citi", "commercial payments", "corporate travel", "Cryptocurrency", "Cybersecurity", "digital transformation", "Earnings", "embedded finance", "fraud", "funding", "Glean AI", "HBX Group", "Innovation", "instacart business", "Investments", "Juniper Payments", "LightSource", "Loam", "News", "Onfly", "partnerships", "Pipe", "PYMNTS News", "Security", "stablecoins", "supply chain management", "Technology", "travel", "Travel Payments", "treasury", "truist bank" ] }, { "id": "https://www.pymnts.com/?p=2685943", "url": "https://www.pymnts.com/news/b2b-payments/2025/hbx-group-launch-b2b-payments-platform-travel-industry/", "title": "HBX Group to Launch B2B Payments Platform for Travel Industry", "content_html": "HBX Group is set to start rolling out a B2B payments platform designed for the travel industry.
\nThe company, which operates a B2B travel technology marketplace and has a presence in 170 countries, said in a Tuesday (April 15) press release that it will launch the new HBX Group eWallet in Spain this month and then start expanding it to Organization for Economic Cooperation and Development (OECD) countries in June.
\nThe HBX Group eWallet operates similarly to a digital wallet for consumers but is designed for B2B payments, according to the release. It allows companies to store and manage payments and facilitates instant, cross-border transactions between companies.
\nBeyond payments, the B2B eWallet also offers integrated financing, invoice access and full transaction traceability, the release said.
\nDaniel Nordholm, chief product and new business officer at HBX Group, said in the release that the new platform is aimed at \u201cmodernizing B2B payments in the travel ecosystem\u201d and setting \u201ca new standard for efficiency and security in the sector.\u201d
\nHBX Group developed the B2B eWallet in collaboration with FinPay, an eMoney institution that is regulated by the Bank of Spain. FinPay is responsible for the payment and financing services integrated into the platform, per the release.
\n\u201cThis collaboration with HBX Group leverages the full potential of financial technology applied to real-world business contexts,\u201d FinPay CEO Juan Antonio Soriano said in the release.
\nWhile B2B payments between merchants and the end-providers of services are a fundamental part of the travel and tourism sectors, the management and execution of these payments can be very complex, according to the PYMNTS Intelligence report \u201cSmart Receivables Playbook: Rethinking Payments Processing After the Pandemic.\u201d
\nThe report found that 20% of travel and tourism businesses said B2B payouts are a very or extremely significant pain point, and another 43% said they are a somewhat significant pain point. Only 38% of these businesses said B2B payouts are slightly or not at all significant as a pain point.
\nDigital innovations can help these businesses reimagine their approaches to accounts receivable and accounts payable optimization and position themselves for success on the international stage, the report said.
\nFor all PYMNTS B2B coverage, subscribe to the daily B2B Newsletter.
\nThe post HBX Group to Launch B2B Payments Platform for Travel Industry appeared first on PYMNTS.com.
\n", "content_text": "HBX Group is set to start rolling out a B2B payments platform designed for the travel industry.\nThe company, which operates a B2B travel technology marketplace and has a presence in 170 countries, said in a Tuesday (April 15) press release that it will launch the new HBX Group eWallet in Spain this month and then start expanding it to Organization for Economic Cooperation and Development (OECD) countries in June.\nThe HBX Group eWallet operates similarly to a digital wallet for consumers but is designed for B2B payments, according to the release. It allows companies to store and manage payments and facilitates instant, cross-border transactions between companies.\nBeyond payments, the B2B eWallet also offers integrated financing, invoice access and full transaction traceability, the release said.\nDaniel Nordholm, chief product and new business officer at HBX Group, said in the release that the new platform is aimed at \u201cmodernizing B2B payments in the travel ecosystem\u201d and setting \u201ca new standard for efficiency and security in the sector.\u201d\nHBX Group developed the B2B eWallet in collaboration with FinPay, an eMoney institution that is regulated by the Bank of Spain. FinPay is responsible for the payment and financing services integrated into the platform, per the release.\n\u201cThis collaboration with HBX Group leverages the full potential of financial technology applied to real-world business contexts,\u201d FinPay CEO Juan Antonio Soriano said in the release.\nWhile B2B payments between merchants and the end-providers of services are a fundamental part of the travel and tourism sectors, the management and execution of these payments can be very complex, according to the PYMNTS Intelligence report \u201cSmart Receivables Playbook: Rethinking Payments Processing After the Pandemic.\u201d\nThe report found that 20% of travel and tourism businesses said B2B payouts are a very or extremely significant pain point, and another 43% said they are a somewhat significant pain point. Only 38% of these businesses said B2B payouts are slightly or not at all significant as a pain point.\nDigital innovations can help these businesses reimagine their approaches to accounts receivable and accounts payable optimization and position themselves for success on the international stage, the report said.\nFor all PYMNTS B2B coverage, subscribe to the daily B2B Newsletter.\nThe post HBX Group to Launch B2B Payments Platform for Travel Industry appeared first on PYMNTS.com.", "date_published": "2025-04-16T13:32:25-04:00", "date_modified": "2025-04-16T13:32:25-04:00", "authors": [ { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/679fcf5c2ed5358e99e8e23b22e3b5d761e37bdb76fa7b0e13d8ecd9ff01bf88?s=512&d=blank&r=g" } ], "author": { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/679fcf5c2ed5358e99e8e23b22e3b5d761e37bdb76fa7b0e13d8ecd9ff01bf88?s=512&d=blank&r=g" }, "image": "https://www.pymnts.com/wp-content/uploads/2025/04/HBX-Group-eWallet.jpg", "tags": [ "B2B", "B2B Payments", "business travel", "commercial payments", "corporate travel", "cross-border payments", "digital wallets", "faster payments", "FinPay", "Global Payments", "HBX Group", "HBX Group eWallet", "instant payments", "international", "Mobile Wallets", "News", "partnerships", "PYMNTS News", "real time payments", "spain", "travel", "Travel Payments", "What's Hot", "What's Hot In B2B" ] }, { "id": "https://www.pymnts.com/?p=2685825", "url": "https://www.pymnts.com/news/b2b-payments/2025/how-payments-innovation-underpins-all-weather-businesses-and-resilient-supply-chains/", "title": "How Payments Innovation Underpins All-Weather Businesses and Resilient Supply Chains", "content_html": "In times of uncertainty, cash flow isn\u2019t just king; it can be the entire royal court.
\nFor decades, payments have been the underappreciated plumbing of commerce, something viewed as essential but rarely strategic. Today, that paradigm has shifted dramatically. Against a backdrop where economic volatility has become the norm rather than the exception, \u201call-weather\u201d businesses are increasingly seen as the gold standard.
\nThese companies are not just surviving in the face of macroeconomic shocks, geopolitical unrest and fluctuating consumer sentiment. They are thriving.
\nThe secret sauce behind their resilience? A quiet but powerful revolution in payments innovation that is providing businesses with the ability to manage their cash flow with precision and flexibility.
\nThe shift is subtle but profound. Finance, once reactive by design, is becoming anticipatory.
\nRead more: Trump\u2019s Global Tariffs Position CFOs as New Supply Chain Architects
\nWorking capital innovations are helping businesses plan for the future while simultaneously navigating today\u2019s complexities. In sectors like manufacturing and retail, where delays can cascade into million-dollar losses, the speed and reliability of payments can mean the difference between resilience and ruin.
\nVisa and PYMNTS Intelligence created a\u00a0dynamic benchmarking report that can help users take a deeper look into how their DPO (days payable outstanding) and other metrics stack up against peers and outperformers within their chosen industries.
\n\u201dWe need high-growth businesses to survive and thrive [in this uncertain economy],\u201dLucy Demery, senior vice president,\u00a0head of\u00a0Visa Commercial Solutions, Europe, said to PYMNTS, noting that embedded options are proving to be a \u201chuge unlock for supply chain payments.\u201d
\nFaster, smarter payments can also enable new business models. Subscription services, gig economy platforms and decentralized finance ecosystems all rely on innovative payment infrastructure to operate efficiently and scale rapidly. By turning to embedded finance offerings such buy now, pay later (BNPL) and other flexible B2B offerings like virtual cards, businesses can use payments as a tool for differentiation.
\n\u201cThe really\u00a0progressive companies are getting in front of [the transition to virtual card],\u201d\u00a0WEX President of Corporate Payments\u00a0Eric Frankovic told PYMNTS this month. \u201c\u2026 They have to cut costs, they have to control costs, they have to keep a healthy supply chain. And in order to do that, they have to start those conversations.\u201d
\nAs globalization meets fragmentation, businesses face mounting challenges in managing cross-border payments. Tariffs, currency fluctuations and shifting trade alliances complicate traditional payment flows. Modern payment platforms equipped with multi-currency capabilities, localized compliance features and API-based integrations can help to streamline these frictions.
\n\u201cTreasury software, for example, now allows us to reconcile cash across dozens \u2014 if not close to 100 \u2014 bank accounts in hours instead of days,\u201d\u00a0Hometap CFO\u00a0Tom Egan told PYMNTS in an earlier conversation. \u201cThis functionality is massive.\u201d
\nBeyond internal efficiency, payments innovation is reshaping the customer experience by enabling faster onboarding of new partners and more resilient procurement strategies. The latest PYMNTS Intelligence in the\u00a0March 2025 \u201cBusiness Payments Tracker\u00ae\u201d\u00a0series reveals that in a push to modernize business payments and mirror the seamless experience consumers enjoy, companies are merging virtual cards with mobile wallets.
\nSee also: For CFOs, the Tech Stack Is the Business Strategy
\nPerhaps the most underestimated benefit of payments innovation is the treasure trove of data it unlocks. Transaction data, when analyzed effectively, can yield insights into customer behavior, supplier reliability, cash flow trends and macroeconomic indicators.
\nAdvanced analytics and dashboards embedded within payment platforms allow finance and operations teams to identify patterns, flag anomalies and forecast trends with greater confidence. In an environment where agility often trumps scale, this intelligence can give companies a competitive edge.
\nDespite the clear benefits, many companies still treat payments as a back-office function. That mindset is increasingly outdated. Payments should be viewed as a strategic lever \u2014 a key enabler of resilience, agility and growth, particularly for all-weather businesses.
\nAs we navigate a complex and interconnected world, the role of payments will only grow more central. With technologies like blockchain, programmable money and central bank digital currencies on the horizon, the next wave of innovation promises even greater resilience and adaptability.
\nThose benefits could be crucial, particularly for smaller businesses. In the PYMNTS Intelligence report \u201cBrewing Storm: Why 1 in 5 Smaller Businesses Without Financing Fear They May Not Survive Tariffs, the 560 small- to medium-sized businesses (SMBs) surveyed gave a glimpse into the state of affairs:
\nAmid macro turbulence not seen in years, and tariffs that have not been at this (threatened) level in more than a century, the data shows that just 36% had access to readily available cash, including another 8% that also had cash in the bank.
\nThe post How Payments Innovation Underpins All-Weather Businesses and Resilient Supply Chains appeared first on PYMNTS.com.
\n", "content_text": "In times of uncertainty, cash flow isn\u2019t just king; it can be the entire royal court.\nFor decades, payments have been the underappreciated plumbing of commerce, something viewed as essential but rarely strategic. Today, that paradigm has shifted dramatically. Against a backdrop where economic volatility has become the norm rather than the exception, \u201call-weather\u201d businesses are increasingly seen as the gold standard.\nThese companies are not just surviving in the face of macroeconomic shocks, geopolitical unrest and fluctuating consumer sentiment. They are thriving.\nThe secret sauce behind their resilience? A quiet but powerful revolution in payments innovation that is providing businesses with the ability to manage their cash flow with precision and flexibility.\nThe shift is subtle but profound. Finance, once reactive by design, is becoming anticipatory.\nRead more: Trump\u2019s Global Tariffs Position CFOs as New Supply Chain Architects\nWorking Capital is the Lifeblood of Resilience\nWorking capital innovations are helping businesses plan for the future while simultaneously navigating today\u2019s complexities. In sectors like manufacturing and retail, where delays can cascade into million-dollar losses, the speed and reliability of payments can mean the difference between resilience and ruin.\nVisa and PYMNTS Intelligence created a\u00a0dynamic benchmarking report that can help users take a deeper look into how their DPO (days payable outstanding) and other metrics stack up against peers and outperformers within their chosen industries.\n\u201dWe need high-growth businesses to survive and thrive [in this uncertain economy],\u201dLucy Demery, senior vice president,\u00a0head of\u00a0Visa Commercial Solutions, Europe, said to PYMNTS, noting that embedded options are proving to be a \u201chuge unlock for supply chain payments.\u201d\nFaster, smarter payments can also enable new business models. Subscription services, gig economy platforms and decentralized finance ecosystems all rely on innovative payment infrastructure to operate efficiently and scale rapidly. By turning to embedded finance offerings such buy now, pay later (BNPL) and other flexible B2B offerings like virtual cards, businesses can use payments as a tool for differentiation.\n\u201cThe really\u00a0progressive companies are getting in front of [the transition to virtual card],\u201d\u00a0WEX President of Corporate Payments\u00a0Eric Frankovic told PYMNTS this month. \u201c\u2026 They have to cut costs, they have to control costs, they have to keep a healthy supply chain. And in order to do that, they have to start those conversations.\u201d\nAs globalization meets fragmentation, businesses face mounting challenges in managing cross-border payments. Tariffs, currency fluctuations and shifting trade alliances complicate traditional payment flows. Modern payment platforms equipped with multi-currency capabilities, localized compliance features and API-based integrations can help to streamline these frictions.\n\u201cTreasury software, for example, now allows us to reconcile cash across dozens \u2014 if not close to 100 \u2014 bank accounts in hours instead of days,\u201d\u00a0Hometap CFO\u00a0Tom Egan told PYMNTS in an earlier conversation. \u201cThis functionality is massive.\u201d\nBeyond internal efficiency, payments innovation is reshaping the customer experience by enabling faster onboarding of new partners and more resilient procurement strategies. The latest PYMNTS Intelligence in the\u00a0March 2025 \u201cBusiness Payments Tracker\u00ae\u201d\u00a0series reveals that in a push to modernize business payments and mirror the seamless experience consumers enjoy, companies are merging virtual cards with mobile wallets.\nSee also: For CFOs, the Tech Stack Is the Business Strategy\nThe Strategic Imperative of Transformation \nPerhaps the most underestimated benefit of payments innovation is the treasure trove of data it unlocks. Transaction data, when analyzed effectively, can yield insights into customer behavior, supplier reliability, cash flow trends and macroeconomic indicators.\nAdvanced analytics and dashboards embedded within payment platforms allow finance and operations teams to identify patterns, flag anomalies and forecast trends with greater confidence. In an environment where agility often trumps scale, this intelligence can give companies a competitive edge.\nDespite the clear benefits, many companies still treat payments as a back-office function. That mindset is increasingly outdated. Payments should be viewed as a strategic lever \u2014 a key enabler of resilience, agility and growth, particularly for all-weather businesses.\nAs we navigate a complex and interconnected world, the role of payments will only grow more central. With technologies like blockchain, programmable money and central bank digital currencies on the horizon, the next wave of innovation promises even greater resilience and adaptability.\nThose benefits could be crucial, particularly for smaller businesses. In the PYMNTS Intelligence report \u201cBrewing Storm: Why 1 in 5 Smaller Businesses Without Financing Fear They May Not Survive Tariffs, the 560 small- to medium-sized businesses (SMBs) surveyed gave a glimpse into the state of affairs: \nAmid macro turbulence not seen in years, and tariffs that have not been at this (threatened) level in more than a century, the data shows that just 36% had access to readily available cash, including another 8% that also had cash in the bank.\nThe post How Payments Innovation Underpins All-Weather Businesses and Resilient Supply Chains appeared first on PYMNTS.com.", "date_published": "2025-04-16T12:10:22-04:00", "date_modified": "2025-04-16T12:10:22-04:00", "authors": [ { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/679fcf5c2ed5358e99e8e23b22e3b5d761e37bdb76fa7b0e13d8ecd9ff01bf88?s=512&d=blank&r=g" } ], "author": { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/679fcf5c2ed5358e99e8e23b22e3b5d761e37bdb76fa7b0e13d8ecd9ff01bf88?s=512&d=blank&r=g" }, "image": "https://www.pymnts.com/wp-content/uploads/2025/04/B2B-Payments-innovation-resilience-supply-chain.jpg", "tags": [ "B2B", "B2B Payments", "digital transformation", "economy", "News", "Payment Methods", "payments innovation", "PYMNTS News", "resilience", "Supply Chain", "supply chain management", "tariffs", "Uncertainty" ] }, { "id": "https://www.pymnts.com/?p=2685356", "url": "https://www.pymnts.com/news/b2b-payments/2025/instacart-business-adds-pay-by-invoice-solution-powered-balance/", "title": "Instacart Business Adds Pay-by-Invoice Solution Powered by Balance", "content_html": "Instacart Business customers can now apply for invoicing, receive instant credit decisions and manage payments within the app, with no redirects or third-party logins.
\nThis pay-by-invoice offering is enabled by a new integration of Balance\u2019s financial infrastructure for B2B businesses with the Instacart platform, the companies said in a Tuesday (April 15) press release.
\n
\u201cWe heard from our Instacart Business customers that they need greater flexibility to manage their payments and operations more efficiently,\u201d Andrew Nodes, vice president and general manager of Instacart Business and Supply Chain, said in the release. \u201cThat\u2019s why we\u2019re introducing pay-by-invoice to deliver solutions tailored to their unique needs.\u201d
\nInstacart launched Instacart Business in February 2023, saying this B2B delivery service offered a choice of 30-minute delivery, same-day delivery or discounted longer delivery of items ranging from office supplies to snacks.
\nWith Balance\u2019s white-labeled solution, Instacart has full control of the user journey, according to the Tuesday press release.
\nBalance works behind the scenes to manage the invoice-to-cash process, including onboarding, risk assessment, billing, collections and cash application, the release said.
\nWhen a transaction is approved, Balance assumes the credit risk and guarantees payment, per the release.
\nBalance CEO and co-founder Bar Geron said in the release that the partnership delivers \u201ca flexible B2B solution that empowers Instacart Business customers with more purchasing power and a streamlined payment process.\u201d
\nFashionGo said in March 2024 that it partnered with Balance to launch a net terms solution for buyers on its online B2B wholesale marketplace for the fashion industry, with Balance addressing the financial requirements of B2B businesses.
\nThe marketplace\u2019s Dynamic Net Terms solution uses each buyer\u2019s business profile and financial history to qualify them for funds; enables them to access net 60, 45 or 30 days, with no penalties or late fees; and increases buyers\u2019 credit as they build their order history and maintain on-time payments on the FashionGo platform.
\nGeron said at the time in a press release: \u201cOur focus is on enabling FashionGo to build a platform that facilitates the growth of all retailers in online wholesale purchasing, overcoming the limitations of the existing payment solutions today.\u201d
\nFor all PYMNTS B2B coverage, subscribe to the daily B2B Newsletter.
\nThe post Instacart Business Adds Pay-by-Invoice Solution Powered by Balance appeared first on PYMNTS.com.
\n", "content_text": "Instacart Business customers can now apply for invoicing, receive instant credit decisions and manage payments within the app, with no redirects or third-party logins.\nThis pay-by-invoice offering is enabled by a new integration of Balance\u2019s financial infrastructure for B2B businesses with the Instacart platform, the companies said in a Tuesday (April 15) press release.\n\n\u201cWe heard from our Instacart Business customers that they need greater flexibility to manage their payments and operations more efficiently,\u201d Andrew Nodes, vice president and general manager of Instacart Business and Supply Chain, said in the release. \u201cThat\u2019s why we\u2019re introducing pay-by-invoice to deliver solutions tailored to their unique needs.\u201d\nInstacart launched Instacart Business in February 2023, saying this B2B delivery service offered a choice of 30-minute delivery, same-day delivery or discounted longer delivery of items ranging from office supplies to snacks.\nWith Balance\u2019s white-labeled solution, Instacart has full control of the user journey, according to the Tuesday press release.\nBalance works behind the scenes to manage the invoice-to-cash process, including onboarding, risk assessment, billing, collections and cash application, the release said.\nWhen a transaction is approved, Balance assumes the credit risk and guarantees payment, per the release.\nBalance CEO and co-founder Bar Geron said in the release that the partnership delivers \u201ca flexible B2B solution that empowers Instacart Business customers with more purchasing power and a streamlined payment process.\u201d\nFashionGo said in March 2024 that it partnered with Balance to launch a net terms solution for buyers on its online B2B wholesale marketplace for the fashion industry, with Balance addressing the financial requirements of B2B businesses.\nThe marketplace\u2019s Dynamic Net Terms solution uses each buyer\u2019s business profile and financial history to qualify them for funds; enables them to access net 60, 45 or 30 days, with no penalties or late fees; and increases buyers\u2019 credit as they build their order history and maintain on-time payments on the FashionGo platform.\nGeron said at the time in a press release: \u201cOur focus is on enabling FashionGo to build a platform that facilitates the growth of all retailers in online wholesale purchasing, overcoming the limitations of the existing payment solutions today.\u201d\nFor all PYMNTS B2B coverage, subscribe to the daily B2B Newsletter.\nThe post Instacart Business Adds Pay-by-Invoice Solution Powered by Balance appeared first on PYMNTS.com.", "date_published": "2025-04-15T18:00:18-04:00", "date_modified": "2025-04-15T18:00:18-04:00", "authors": [ { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/679fcf5c2ed5358e99e8e23b22e3b5d761e37bdb76fa7b0e13d8ecd9ff01bf88?s=512&d=blank&r=g" } ], "author": { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/679fcf5c2ed5358e99e8e23b22e3b5d761e37bdb76fa7b0e13d8ecd9ff01bf88?s=512&d=blank&r=g" }, "image": "https://www.pymnts.com/wp-content/uploads/2023/09/Instacart.jpg", "tags": [ "B2B", "B2B Payments", "balance", "commercial payments", "credit", "embedded finance", "Instacart", "instacart business", "invoice payments", "Mobile Applications", "News", "PYMNTS News", "What's Hot", "What's Hot In B2B" ] }, { "id": "https://www.pymnts.com/?p=2685096", "url": "https://www.pymnts.com/news/b2b-payments/2025/lightsource-raises-33-million-to-scale-ai-native-enterprise-procurement-platform/", "title": "LightSource Raises $33 Million to Scale AI-Native Enterprise Procurement Platform", "content_html": "LightSource Labs emerged from stealth Tuesday (April 15) and said it raised $33 million in seed and Series A funding to scale its artificial intelligence (AI)-native enterprise procurement platform.
\nThe company will use the funding to scale its team, continue enhancing its platform\u2019s capabilities and expand its reach into new sectors, LightSource said in a Tuesday\u00a0press release.
\n\u201cWe want to make the easy things easier and the hard things possible by scaling our AI-powered solutions and converting procurement from a necessary evil to a critical business driver,\u201d LightSource Co-founder and CEO\u00a0Spencer Penn said in the release.
\nLightSource\u2019s platform offers the benefits of digitalization in an area \u2014 sourcing \u2014 that is often managed with manual processes and disparate information that includes emails, spreadsheets and randomly formatted invoices and contracts, according to the release.
\nFor buyers, the platform automates the processes of identifying potential suppliers, managing requests for quotes (RFQs), comparing bids and helping teams collaborate, the release said.
\nFor suppliers, it makes it easier to review RFQs and respond with competitive quotes, per the release.
\nLightSource has secured contracts with major enterprises, according to the release. Since 2024, its platform has processed over $1 billion\u00a0in spend and facilitated more than 1,100 sourcing events.
\n\u201cLightSource comes at a critical time amid global trade uncertainty and volatility, highlighting the need for robust and agile procurement tools,\u201d the release said. \u201cThis environment underscores the critical need for software solutions that provide real-time visibility into supply chains, enable scenario planning and facilitate agile decision-making.\u201d
\nBusinesses across industries have upped their investments in technologies to support\u00a0procurement processes, and many of those that have been slow to do so now plan to increase their spending on procurement platforms, according to the PYMNTS Intelligence and Corcentric collaboration, \u201cDigital Payments: Modernizing Procurement Processes.\u201d
\nThe report found that as of 2023, 31% of retailers are already investing in procurement systems, and another 53% plan to do so.
\nAmong manufacturers, 42% of companies are already investing in upgrading their procurement technology and another 44% plan to invest in this area.
\nMany of these companies aim to improve their real-time inventory information and supply chain analytics, according to the report.
\nFor all PYMNTS B2B coverage, subscribe to the daily B2B Newsletter.
\nThe post LightSource Raises $33 Million to Scale AI-Native Enterprise Procurement Platform appeared first on PYMNTS.com.
\n", "content_text": "LightSource Labs emerged from stealth Tuesday (April 15) and said it raised $33 million in seed and Series A funding to scale its artificial intelligence (AI)-native enterprise procurement platform.\nThe company will use the funding to scale its team, continue enhancing its platform\u2019s capabilities and expand its reach into new sectors, LightSource said in a Tuesday\u00a0press release.\n\u201cWe want to make the easy things easier and the hard things possible by scaling our AI-powered solutions and converting procurement from a necessary evil to a critical business driver,\u201d LightSource Co-founder and CEO\u00a0Spencer Penn said in the release.\nLightSource\u2019s platform offers the benefits of digitalization in an area \u2014 sourcing \u2014 that is often managed with manual processes and disparate information that includes emails, spreadsheets and randomly formatted invoices and contracts, according to the release.\nFor buyers, the platform automates the processes of identifying potential suppliers, managing requests for quotes (RFQs), comparing bids and helping teams collaborate, the release said.\nFor suppliers, it makes it easier to review RFQs and respond with competitive quotes, per the release.\nLightSource has secured contracts with major enterprises, according to the release. Since 2024, its platform has processed over $1 billion\u00a0in spend and facilitated more than 1,100 sourcing events.\n\u201cLightSource comes at a critical time amid global trade uncertainty and volatility, highlighting the need for robust and agile procurement tools,\u201d the release said. \u201cThis environment underscores the critical need for software solutions that provide real-time visibility into supply chains, enable scenario planning and facilitate agile decision-making.\u201d\nBusinesses across industries have upped their investments in technologies to support\u00a0procurement processes, and many of those that have been slow to do so now plan to increase their spending on procurement platforms, according to the PYMNTS Intelligence and Corcentric collaboration, \u201cDigital Payments: Modernizing Procurement Processes.\u201d\nThe report found that as of 2023, 31% of retailers are already investing in procurement systems, and another 53% plan to do so.\nAmong manufacturers, 42% of companies are already investing in upgrading their procurement technology and another 44% plan to invest in this area.\nMany of these companies aim to improve their real-time inventory information and supply chain analytics, according to the report.\nFor all PYMNTS B2B coverage, subscribe to the daily B2B Newsletter.\nThe post LightSource Raises $33 Million to Scale AI-Native Enterprise Procurement Platform appeared first on PYMNTS.com.", "date_published": "2025-04-15T14:46:39-04:00", "date_modified": "2025-04-15T14:46:39-04:00", "authors": [ { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/679fcf5c2ed5358e99e8e23b22e3b5d761e37bdb76fa7b0e13d8ecd9ff01bf88?s=512&d=blank&r=g" } ], "author": { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/679fcf5c2ed5358e99e8e23b22e3b5d761e37bdb76fa7b0e13d8ecd9ff01bf88?s=512&d=blank&r=g" }, "image": "https://www.pymnts.com/wp-content/uploads/2025/04/LightSource-b2b-payments-procurement-investments-funding.jpg", "tags": [ "AI", "artificial intelligence", "B2B", "B2B Payments", "commercial payments", "funding", "Investments", "LightSource", "News", "procurement", "PYMNTS News", "Supply Chain", "supply chain management", "What's Hot", "What's Hot In B2B" ] } ] }