Today in B2B payments, CheckAlt urges accounts receivable (AR) departments not to overlook the check, and Tipalti embraces ERP integrations. Plus, KarbonPay discusses the expansion of payroll across borders, GoCardless partners with BillingPlatform and Bill.com considers a takeover of Divvy.
International hiring practices aren’t the only factor driving the evolution of payroll. KarbonPay Founder Brad Price tells PYMNTS how an expansion of payroll across department lines is also invigorating innovation in how professionals get compensated.
BillingPlatform and GoCardless announced a partnership on Wednesday (May 5) that the two companies say will help streamline the quote-to-cash process for businesses. In a press release, the companies said the partnership combines “innovative Payment Gateway Framework technology” and upgraded ACH debit capabilities to make billing easier. “By combining the most flexible billing solution on the market with a low-cost payment method that increases cash flow and decreases churn, BillingPlatform and GoCardless offer a solution that enables recurring revenue businesses to turn their billing and payment strategy into a competitive advantage,” the companies said in the release.
Expense management company Divvy is reportedly the target of a potential acquisition, according to Forbes. Bill.com, which serves small and medium-sized businesses (SMBs), is said to be the anticipated acquirer of Divvy, Forbes reported, citing two unnamed sources. The firms could potentially be intending to reveal the arrangement on Thursday (May 6) at the earliest. At that time, Bill.com is set to post its quarterly earnings. According to the report, the possible transaction’s conditions are not known.
Read More On B2B Payments:
- Tide Rolls Out Tool To Help SMBs Chase Invoices
- First Bankcard, WebstaurantStore Partner On Business Credit Cards
- Real-Time Payments Pursues International Goals
- Tracing Payroll’s Evolution Across Departments, Borders
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