The Combined Power of BlueSnap and BigCommerce B2B Edition [Video]

B2B payments are transactions made between businesses for goods or services. Unlike consumer payments, they often involve larger amounts, more complex invoicing, and require flexible payment options like ACH, virtual cards or wire transfers.

As international commerce grows, B2B cross-border payments are increasingly important as B2C payments, but functionally they often lag behind B2C payments in terms of customer experience, transaction speed, amount of manual effort required and more. B2B companies can close that gap, and see a 25% uptick in conversion rates, by choosing a payment processor optimized for cross-border transactions.

Yes. BlueSnap AR Automation integrates with leading ERP and accounting platforms, including NetSuite, QuickBooks, Microsoft Dynamics 365 Business Central, Sage Intacct and others. BlueSnap offers a bi-directional sync with these systems to reduce manual data entry, maintain accurate financial records and allow your ERP to be the single source of truth for your business.

AR automation, or accounts receivable automation, is the process by which manual accounts receivable tasks such as producing, sending and uploading invoices are instead handled by software. AR automation software can handle the entire accounts receivable process, allowing you the ability to automate any task you’d like to optimize.

• Fewer manual tasks mean less busy work for your teams, allowing them to focus on higher value operations.
• Automatic account updating means immediate updates and instant notifications, reducing costly downtime and ensuring that payments are faster.
• Dashboards are updated in real time, providing instant insights into important metrics such as AR performance, customer accounts, payment processing and more, for better overall data management.
• Faster turnaround times and fewer errors result in less frustration for customers, while branded portals offer secure places for them to pay online.
• Overall improved efficiency saves your company money, makes it easier to scale and can lead to more business opportunities.

By automating manual AR tasks such as invoicing, billing setup and regular customer communication, your team spends less time chasing payments and more time on strategic financial initiatives. Automated payment reminders and a self-service payment portal make it easy for customers to pay quickly and schedule automatic payments. The results? Faster cash collection and reduced days sales outstanding (DSO).

Yes. By eliminating manual processes such as printing, mailing and manually tracking invoices, your business can reduce administrative overhead. Additionally, automation reduces the risk of human error, late payments and lost invoices, ultimately improving financial efficiency.