Today in B2B payments, SupplyHive explores supply chain diversity, and Bookkeeper360 integrates with Brex. Plus, Nacha marks ACH’s rise in B2B payments, Botkeeper collaborates on accounts payable and Jack Henry expands its Autobooks collaboration.
Nacha’s ACH Network pointed to B2B payments as a particularly strong segment of growth for the rail, but as real-time payment services proliferate, financial service providers are increasingly prioritizing speed when introducing new business payment solutions to their corporate clients.
The machine learning-powered bookkeeping solution Botkeeper has joined forces with the artificial intelligence accounting platform Vic.ai to give accountants and accounting firms “a unified, faster, more intelligent and advanced autonomous accounts payable solution,” per a Tuesday (July 27) news release. The two firms say this tool will integrate with customers’ general ledger and bill pay systems, all from within the Botkeeper operating system.
Payments processing services firm Jack Henry & Associates is growing its alliance with Autobooks to integrate payment and invoicing competencies directly within the Banno Digital Platform. “We’re fostering relationships with leaders in the space and enabling innovation to happen on behalf of our clients, creating more of an inclusive community where everyone wins,” Ben Metz, head of digital at Jack Henry, said in a Wednesday (July 28) press release.
Read More On B2B Payments:
China Evergrande Group Faces Suits Over Unpaid Supplier Bills MVX, Payhippo Team On Trade Finance For Nigerian SMBs India Adopts Factoring Bill To Help SMBs Secure Working Capital SMB Working Capital Firm Greenbox Capital Buys Level Up Funding