Dole upgrades its supply chain solutions

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Today in B2B payments, BaaS foreshadows the future of B2B payments and Sensibill and Free Agent are teaming up on receipts. Additionally, Dole tries to solve the supply chain quagmire, Snyder raises $ 2 million in fundraising round, and Plate IQ and Foodbuy reunite.

Snyder accounting platform closes $ 2 million funding round

The Snyder accounting platform raised $ 2 million in a funding round aimed at attracting new clients and improving the visibility of the company.

Snyder is a software subscription-based accounting platform for e-commerce services that includes a free trial and then allows users to purchase additional services.

Originally founded as CloudBusiness in 2016, when it focused on automating accounting and financial management for small and medium-sized businesses (SMBs), the company has since turned to help retail businesses to shift to omnichannel sales.

Deep Dive: How banking as a service for consumers could foreshadow the future of B2B payments

Consumers are not the only ones who benefit from the Bank as a service. With the shift to mainstream e-commerce and the growing demand for digital payments, there is an equivalent transformation of B2B financial services. Businesses of all sizes will directly benefit from using APIs to tailor offerings to their business and consumer customers.

BaaS-based transactions also offer data that can be analyzed to provide businesses with increased financial transparency and control as well as an improved user experience.

Dole Food & Beverages Group Adopts New Supply Chain Solutions To Avoid Growing Challenges

Dole Food & Beverages Group has renewed its partnership with Blue Yonder, the Arizona-based digital supply chain and omnichannel commerce execution specialist.

The new tech investment comes after 18 months of global supply chain disruption and stress from the COVID-19 pandemic, prompting Dole and other consumer packaged goods companies to reassess their systems.

Sensibill, FreeAgent partner on receipt automation

Customer data platform Sensibill has partnered with cloud accounting software provider FreeAgent to help businesses manage business expenses such as receipts, according to a press release.

The companies are looking to help small businesses automate and organize their finances, accounting and taxes, the release said.

Through the use of Sensibill technology within the FreeAgent solution, automatic retrieval technology can be used to capture, organize and categorize receipts and attach them to corresponding bank transactions, the statement said.

Plate IQ teams up with Foodbuy Foodservice on discounts

Foodservice supply and supply chain company Foodbuy Foodservice announced a partnership with hospitality-focused automation and expense management (AP) company Plate IQ, according to a press release on Thursday. August 26.

According to the statement, Plate IQ customers will now receive discounts on restaurant supplies through the Foodbuy foodservice manufacturers rebate program.

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NEW PYMNTS DATA: 58% OF MULTINATIONAL COMPANIES USE CRYPTO-CURRENCY

On: Despite price volatility and regulatory uncertainty, a new study from PYMNTS shows that 58% of multinational companies are already using at least one form of cryptocurrency, especially when transferring funds across borders. The new Cryptocurrency, Blockchain and Global Business survey, a PYMNTS and Circle collaboration, probing 500 executives about the potential and pitfalls that crypto faces as it becomes part of the mainstream financials.


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