Today in B2B payments, iPayables explores CFO’s biggest AP modernization mistakes, and TripActions launches a savings tool for business travel. Plus, Hydr discusses invoice finance’s fit in the late payments fight, Bookkeeper360 links into QuickBooks and Jitterbit acquires eBridge Connections.
Critics of invoice finance say it’s an expensive tool that can perpetuate the problem of late B2B payments. Hydr Co-Founder Hector Macandrew says it’s time for the stigma of invoice finance to change and told PYMNTS his ideas on when the tool can be most useful in supporting small and medium-sized business (SMB0 cash flow.
The Bookkeeper360 App now connects into QuickBooks Online (QBO), a move that brings its functionalities to millions of small firms harnessing QBO to control their finances, according to a Thursday (May 27) announcement. Moreover, Bookkeeper360 received the green light to be a certified integration in the Intuit QuickBooks App Store, alongside a bevy of technology offerings helping small companies around the world, according to the announcement.
Application programming interface (API) integration company Jitterbit has purchased eBridge Connections, according to a Thursday (May 27) announcement. eBridge, an integration Platform-as-a-Service (iPaaS) company, lets data move between electronic data interchange (EDI), eCommerce, customer relationship management (CRM) and enterprise resource planning (ERP) and systems located on-site or off-site.