FTC launches merchant cash advance probe, senator questions SBA franchisee loans and BuyerQuest talks invoices' role in procure-to-pay
| | BUSINESS TO BUSINESS EDITION | Australian Governments Take Action On Late SMB Payments At the national and state level, Australian government bodies are vowing to accelerate payments to small businesses (SMBs) â in some cases, with payment terms as short as five days. Elsewhere, Xero research reveals Hong Kong is not immune to the late payments plague, while the U.K.'s Bacs also warns of consequences of unpaid invoices. |
| Procure-To-Pay | Connecting The Procurement Dots, From Purchase Order To Payment What drives accounts payable (AP) efficiency â electronic payments? Yes. Digital data? Absolutely. Yet, where the efficiencies truly begin, says BuyerQuest CEO Jack Mulloy, is all the way back in procurement with the purchase order. He tells PYMNTS how to connect the dots between AP, procurement and even a vendor's accounts receivable processes to kill the friction. | | |
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