SMB Borrowers Send A Letter To Congress, BofA Launches Biz Card Education Tool And Elegiac Talks Supply Chain Predictability.
 

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November 162017

       BUSINESS TO BUSINESS EDITION

Retail Reboot

How A Touch Of Modern Tech Brought A Touch Of Modern Global
 

Men’s eTailer Touch of Modern sources apparel, accessories, furniture and electronics from all around the world — but that means paying vendors all around the world, too. Co-founder and former COO Jonathan Wu describes the payments challenges the company faced in its early days, and how a new tack on payments tech helped the retailer approach its business in an entirely different way. Join Karen Webster and Wu for a deeper dive on Dec. 7.
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Corporate Treasury

Treasurers Reveal Dismal Tech Adoption Rates
 

Innovations like artificial intelligence, blockchain and robotic process automation are surrounded by a lot of hype. But new research from the Association for Financial Professionals finds dismal adoption rates among corporate treasurers and financial professionals, and most have no plans to implement these tools in the future. Treasurers reveal their top challenges in tech adoption.
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Procure-to-Pay

When Visible Supply Chains Yield Predictable Cash Flow
 

Businesses with complex, global supply chains are desperate for greater visibility, and as trading partners continue to adopt digital solutions, that visibility is now within arm's reach — but it's not necessarily easy to grasp. David Cahn, director of product marketing at Elemica, recently told PYMNTS why supply chain visibility for trading partners not only offers predictability of things like delivery and supplier performance, but transparency in payments across the supplier chain also means predictability of cash flow. The trick, Cahn said, is getting the data across all parties in a single place.

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