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, you can integrate BlueSnap AR Automation with your existing ERP or accounting software. BlueSnap integrates with leading platforms, including Oracle NetSuite, Sage Intacct, QuickBooks, Microsoft Dynamics 365 Business Central and others. BlueSnap offers a bi-directional sync with these systems to reduce manual data entry, maintain accurate financial records and enable your ERP to remain 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.

The advantages of AR automation include fewer manual tasks taking your team’s time, automatic account updates, live dashboards, improved customer experience and increased efficiency. Here’s how each benefit plays out:

• Fewer manual tasks mean less busy work for your teams, and more time to focus on higher value operations
• Automatic account updating keeps customers’ payment details up to date so more payments go through
• Live dashboards with real-time updates provide instant insights into important metrics for better overall data management
• Improved customer satisfaction through better communication and visibility from the customer portal, meaning you get paid faster and fewer accounts go into collections
• Improved efficiency helps you save money, making it easier for your business to scale

AR Automation helps your business get paid faster by automating manual AR tasks such as invoicing, billing setup and regular customer communication. Automated payment reminders and a self-service payment portal make it easy for customers to pay quickly and schedule automatic payments. The results are 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.