Today in B2B payments, Versapay discusses cash flow’s supply chain impact, and Oracle Financial Services boosts its corporate banking focus. Plus, giniPredict talks small business cash forecasting, Sidetrade makes order-to-cash acquisition, and MediaForce collaborates on accounts payable.
Small business owners often rely on instinct to predict cash flow, but those gut feelings need to be supported by data, says giniPredict Co-Founder and Chief Operating Officer Victor Lang. He tells PYMNTS how cash forecasting technology helps small and medium-sized businesses (SMBs) avoid nasty financial surprises.
Order-to-cash (O2C) technology company Sidetrade plans to acquire Amalto, with the final completion of the purchase set to occur before April 18, 2021, according to an announcement Tuesday (April 6). Sidetrade Founder, Chair and CEO Olivier Novasque described the Amalto deal as a “powerful gas pedal for Sidetrade’s international business growth.”
GaleForce Digital Technologies’ media planning and buying tool, MediaForce, is collaborating with accounts payable (AP) software provider FastPay. The latter firm simplifies manual workflows such as payment schedules and check runs, according to a Wednesday (April 7) announcement. Agencies map out and purchase media in MediaForce prior to reconciling invoices by harnessing the invoice reconciliation module from MediaForce, the announcement stated. The approved invoices are sent to FastPay after that time. FastPay’s technology links up with major accounting platforms to allow for a connection between an agency’s media buying and accounting software.
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