PAYSTAND BLOG

Read about the digital transformation of commercial payments and how to automate your enterprise cash cycle.

5 Smart B2B eCommerce Strategies For 2018

Frost and Sullivan predicts that B2B eCommerce sales will reach $12 trillion by 2020. That's up about 400% from the $5.5 trillion spent in 2012.

That kind of growth offers a great opportunity for businesses in the B2B space. However, it also opens up the potential for significant competition.

Here are 3 strategies that B2B companies should employ in 2018: 

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Scott Campbell Scott Campbell on May 18, 2016

online payments, One-Click Checkout, Payments, WooCommerce, B2B, Enterprise payments, b2b ecommerce

Four Keys to Adding Payments to Your Software Platform

It’s been said that “software is eating the world” - and it’s true. Software platforms for businesses (aka B2B software platforms) are proliferating at an accelerating rate, serving a dizzying array of business needs including accounting, project management, time tracking, billing, CRM, and many others. Developers are racing to fill the needs, creating broad-based “generic” platforms as well as highly specialized tools that cater to the specific needs of particular industries. So whether a company sells organic beverages to corner groceries or horse feed for thoroughbreds, there are probably multiple tools available to help them to better manage their business. The abundance of tools creates an imperative for platform providers to continuously add new capabilities to deliver value to their users. Increasingly, B2B software platform providers are turning to payment services as a key area of innovation.

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Jeremy Almond Jeremy Almond on February 11, 2016

tools, online payments, One-Click Checkout, Payments, payments-as-a-service, SaaS, B2B, Enterprise payments, e-billing

The Top 6 Excuses A/R Staff Hear for Late Customer Payments (and what to do about them)

As the fiscal year for many businesses draws to a close at the end of July, a collective “argh!” can be heard from accounts receivable departments as they try to collect on late customer payments and close out their books. Anyone who has worked for a B2B company has experienced the frustration of waiting for a check in the mail for a long-overdue invoice. Often, it’s the biggest and most established business customers who draw the process out the longest, optimizing their cash flow because they can (and jeopardizing yours in the process).

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Kenzie Earle Kenzie Earle on July 7, 2015

recurring payments, business, direct bank debit, electronic checks, B2B, Enterprise payments

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