B2B Payments Domain Essentials
OnDemand Video Module
The Business to Business or B2B domain is perhaps the largest segment of the payments industry in absolute volume. At is core is the financial supply chain where buyers and suppliers perform an elaborate dance with sales orders, purchase orders, invoices, payments, and reconciliation. Payments are only a part of the financial supply chain. What makes B2B payments hard is remittance data -- the party being paid needs to know who is paying them and what the payment is for. It’s not always obvious. There are partial payments, combined payments, companies that take discounts because they can. All of this makes the B2B domain one of the more challenging domains.
- Financial supply chain
- Role of ERP systems
- Cash management
- Recent innovations in accounts payable and accounts receivable
To understand the structure, flows, and unique payments requirements of B2B payments.
30,000+ Glenbrook Payments Boot CampTM workshop participants
Attending companies include fintechs, networks, banks, technology providers, investors, and more.
“The Payments Boot Camp® has done an amazing job at giving me a broader understanding of the payments industry in an easy to digest and engaging format.”
– Tessa Dill Money Solutions Specialist – Payments, Shopify
Key Payments Terminology
All the key terms explained on one place.