Balance Unveils B2B Payment Industry’s First Comprehensive Transaction Lifecycle Product Suite

Posted under: MSME
Date: 2024-01-17
Balance Unveils B2B Payment Industry’s First Comprehensive Transaction Lifecycle Product Suite

Balance, the digital payment platform, is announcing its new suite of products spanning the B2B transaction lifecycle. Thanks to benefits brought by AI-powered net terms assessment and financing, payment cost optimization, and AR automation, these products bring immediate opportunities for distributors, platforms, and B2B brands selling online to improve margins and drive growth. Bar Geron, CEO of Balance, explains, "While working with brands and marketplaces over the past year, it became clear that the inefficiencies and costs of business payments were impacting their profit margins. Tackling this problem required going beyond the point of purchase. This is why our solutions now optimize across the transaction lifecycle, from order placement to payment settlement." Balance’s new product offerings, including Digital Trade Credit, AR Management, Marketplace OS, and B2B Payments, are both modular and customizable.

Read more at: finance.yahoo.com

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Balance Unveils B2B Payment Industry’s First Comprehensive Transaction Lifecycle Product Suite

Posted under: MSME
Date: 2024-01-17
Balance Unveils B2B Payment Industry’s First Comprehensive Transaction Lifecycle Product Suite

Balance, the digital payment platform, is announcing its new suite of products spanning the B2B transaction lifecycle. Thanks to benefits brought by AI-powered net terms assessment and financing, payment cost optimization, and AR automation, these products bring immediate opportunities for distributors, platforms, and B2B brands selling online to improve margins and drive growth. Bar Geron, CEO of Balance, explains, "While working with brands and marketplaces over the past year, it became clear that the inefficiencies and costs of business payments were impacting their profit margins. Tackling this problem required going beyond the point of purchase. This is why our solutions now optimize across the transaction lifecycle, from order placement to payment settlement." Balance’s new product offerings, including Digital Trade Credit, AR Management, Marketplace OS, and B2B Payments, are both modular and customizable.

Read more at: finance.yahoo.com
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