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Vantage B2B News

  • eCommerce grows 13 percent in first quarter of 2013

    Payment Industry News

    The growth of eCommerce remained steady, if unspectacular, in the first quarter of 2013, according to a report from comScore. 

    Revenue made from online sales surpassed $50 billion for only the second time in history, but the sector as a whole grew only 13 percent over the fourth quarter of 2012. While that's a relatively impressive figure, it was somewhat lower than the growth found in Q3 and Q4 last year, by roughly 2 percent. The results also fell below average industry projections …

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  • The Staples model: How increasing its online presence helped the retailer become a B2B powerhouse

    Payment Industry News

    Retailers interested in establishing themselves as B2B providers while increasing their online presence need to look not further than Staples to see how it is done. 

    The office superstore may have had humble beginnings, selling back to school supplies to families out of its brick-and-mortar locations, but the company is so much more than that today. Staples has become a powerhouse in B2B sales and it has its innovative thinkers who understood the power of online sales to thank for its …

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  • Differentiating yourself from the competition can help win government contracts

    Commercial Cards

    The ability to obtain government contracts is crucial for a number of businesses in virtually any industry. Companies that can rely on government money are likely to experience a greater number of advantages from their increased revenue stream. The trouble is, the market is tremendously competitive, so winning government contracts is easier said than done.

    An article in Onvia.com offers tips vendors can follow to help win government contracts. One of the key points of the article is that …

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  • SAP users can integrate their hybris eCommerce platform with their ERP solution

    Payment Industry News

    As this blog has mentioned in the past, hybris is a leader in commerce platforms and is dubbed by many as the future of the industry. Today, hybris is taking its efforts one step further and can now be integrated with SAP's ERP and accounting solutions.

    This is essential because not only are companies able to provide their customers with an innovative shopping experience with the hybris solution, they are also able to integrate financial data with their other SAP applications, which will help …

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  • Bill.com sees increase in electronic payments

    Payment Industry News

    As this blog has mentioned in the past, Bill.com is helping change the way small businesses manage their AP and AR practices. With its innovative SaaS platform, the company encourages the use of electronic and online transactions. In fact, according to a new press release from the company, 40 percent of customer payments have transitioned from check to electronic.

    Bill.com's advantage is that it helps small businesses that traditionally lack the resources needed to integrate electronic …

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  • Study: electronic invoicing can save vendors up to 80 percent

    Accounts Receivable Best Practices

    The accounts receivable department has an important role to play in any business. The timeliness and efficiency of invoicing can dictate the effectiveness of a transaction and go a long way toward determining whether or not the party receiving the invoice will maintain a relationship with the company or will simply be a one-time customer.

    Accounts receivable best practices involve streamlining the invoicing process to ensure a quick payment and a happy customer. This is even more important in …

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  • Bill.com offers webinar to help those transitioning to paperless payment processing

    Payment Industry News

    The paperless revolution is affecting many areas of business, including payments. While they have traditionally been weighed down by numerous pieces of paper - invoices, checks and receipts, for example - the advent of digital technology has streamlined the process and provided new advantages for both vendors and their customers. 

    Bill.com is one of the organizations ushering in a new era of payment processing by offering innovative solutions that allow for quicker and more efficient …

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  • How to entice government agencies to use their GSA charge cards

    Commercial Cards

    Recently, this blog talked about the fact that virtually all government purchases totaling an overall cost lower than $3,000 must be paid for with government charge cards. And while we addressed how vendors that are concerned with this requirement can alleviate any burdens it might cause, there may be some providers on the opposite end of the spectrum.

    Some may want to accept these kinds of payments for all government transactions, regardless if they are over or under the $3,000 threshold. For …

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  • Do vendors have to accept government charge cards?

    Commercial Cards

    Merchants who sell their goods to government organizations will often encounter buyers who wish to pay with government charge cards. Some may be wondering if they have to accept these kinds of payments, as they can often carry higher processing fees. Ultimately, it's the cost of doing business with such customers.

    According to the GSA Smartpay website, "Merchants and vendors that wish to obtain a schedule contract to do business with the government are required to accept the government …

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  • PCI compliance crucial for small online merchants

    PCI Security and Compliance

    The small business owner has to wear a lot of hats and take on a tremendous amount of responsibilities. They also have to be held accountable should something go bad with their company.

    Unlike massive corporations with executive teams, board members and legal councils, a small business owner is essentially on their own. Sure, they might have a group of people working for them, but when a major problem occurs, they must take on the responsibility of fixing it and, if the issue is serious, they …

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Quick Reference Guides

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