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B2B Payments Today: CFOs' AP Automation Mistakes; TripActions Drives Business Travel Savings

B2B Payments Today: CFOs’ AP Automation Mistakes; TripActions Drives Business Travel Savings

May 29, 2021 at 12:09AM
by PYMNTS

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.

CFOs Are Sabotaging Their Own Accounts Payable Optimization Plans

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Finding Invoice Finance’s Fit In The Late B2B Payments Fight

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.

TripActions Debuts Savings Suite For Corporate Travel

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Bookkeeper360 App Loops Into QuickBooks Online

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.

Jitterbit Buys B2B Integration Provider eBridge Connections

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.