late payments

Can Virtual Cards Overcome Their ‘Achilles Heel’ of Supplier Acceptance?
Can Virtual Cards Overcome Their ‘Achilles Heel’ of Supplier Acceptance?
June 11, 2024  |  B2B Payments

Virtual cards promise a revolution in B2B payments, offering efficiency and certainty in transactions, yet their adoption remains stymied by a critical bottleneck: suppliers’ reluctance...

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Study Finds Small Business Healthcare Providers Receive 25% of Payments Late
Study Finds Small Business Healthcare Providers Receive 25% of Payments Late
May 09, 2024  |  SMBs

Increasingly, small- to mid-sized businesses (SMBs) operating in the healthcare field are using real-time payment technology to improve cash flow efficiency. Thirty-eight percent of the healthcare SMBs PYMNTS Intelligence...

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Digital Payments Help Construction Firms Overcome Manual Misery
Digital Payments Help Construction Firms Overcome Manual Misery
May 09, 2024  |  Digital Payments

The construction industry is a critical one, but it has a giant problem: late payments. In a sector where cash flow couldn’t be more important to firms’ survival, slow and...

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Virtual Cards Close Middle-Market Cash Flow ‘Unpredictability Gap’
Virtual Cards Close Middle-Market Cash Flow ‘Unpredictability Gap’
May 07, 2024  |  B2B Payments

Virtual cards are at a tipping point. That’s the sentiment expressed by several finance leaders in the B2B space, as the current environment of stubborn...

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Nearly One-Third of Healthcare Providers Are Waiting for $100K+ in B2B Payments
Nearly One-Third of Healthcare Providers Are Waiting for $100K+ in B2B Payments
May 01, 2024  |  Healthcare

Late business-to-business (B2B) payments aren’t just a headache for the people in the accounts receivable (AR) department; for some businesses, past due payments can mean the difference...

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81% of Small Businesses Get Paid via Ad Hoc Payments
81% of Small Businesses Get Paid via Ad Hoc Payments
April 30, 2024  |  SMBs

Eight in 10 small- to medium-sized businesses (SMBs) get paid via ad hoc payments for the goods and services they provide to larger organizations. The...

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Construction Firms Wait 94 Days on Average to Get Paid
Construction Firms Wait 94 Days on Average to Get Paid
December 29, 2023  |  B2B Payments

Digital technologies are being built to help solve one of the key challenges facing the construction industry: delayed payments. The construction industry’s days sales outstanding...

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Alternative Payments Adds Collections Support for B2B Payments
Alternative Payments Adds Collections Support for B2B Payments
December 18, 2023  |  B2B Payments

Alternative Payments has launched a product designed to improve the accounts receivable (AR) collections process for services companies.  The new Collections Assist product joins the company’s B2B...

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Late Payments Inflate Construction Bids by $273 Billion
Late Payments Inflate Construction Bids by $273 Billion
December 15, 2023  |  Money Mobility

Late payments and transaction errors run rampant in the construction industry. The sector’s days sales outstanding (DSO) — a measurement of how long a company...

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